Laeserin on Nostr: And here's the thing I really don't get: The loan is only worth it to the person ...
And here's the thing I really don't get:
The loan is only worth it to the person taking out the loan, if he can earn 60 BTC in today's money from the tolls. If it's been 6 years and deflation in consumer prices was 10% per year, then you have to actually pay back the equivalent of 80 back-then BTC.
Who in the world would take that loan? That is madness.
And, now, imagine deflation is over 10%...
What am I missing here?
Published at
2024-06-17 22:39:47Event JSON
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