What is Nostr?
Duvel
npub10ya…39j5
2024-10-22 22:24:13

Duvel on Nostr: Buying a car with fiat that depreciates in value over time vs stacking bitcoin ...

Buying a car with fiat that depreciates in value over time vs stacking bitcoin monthly that maintains/increases in value over time.

After 70 months of payments, you've got a paid-off car that you bought for $40k, that ended up costing you $55k (thanks to interest and insurance), that's now only worth $16k (thanks to depreciation).
 
But stacking $500 worth of #Bitcoin monthly is considered risky. HFSP
Author Public Key
npub10yah0vsgha874vdf7vzs5tm629nmpkevn6qpua9y6xdcw3ayqc2q5e39j5