What is Nostr?
jitters1254 / Jittering Blender
npub12p8…6r3e
2023-12-28 12:52:45
in reply to nevent1q…y8vz

jitters1254 on Nostr: I can see how leveraging the fiat credit/debt system while holding sats is a sensible ...

I can see how leveraging the fiat credit/debt system while holding sats is a sensible approach. Even in the case of a default, your sats cannot be confiscated as long as the private key material remains solely in your possession.

For me, however, I place high value in not being bound to external parties in debt relationships. Dave Ramsey and my personal experiences with consumer financing has shaped my perspective in this regard.
I also believe that I store of value is only as good as your ability to spend it eventually.

Those two reasons shape my desire to fully purchase a home outright using bitcoin and bypass the lending system entirely.
Author Public Key
npub12p82gc4svdusfqdxacsnn8xec5lygcj8t6y6tek2g6p2y0u2p8rqlx6r3e