Michael Sparks β¨ πΆβπ«οΈπ½β‘ on Nostr: All money is borrowed money. I'd rather borrow against bitcoin, vs selling and paying ...
All money is borrowed money. I'd rather borrow against bitcoin, vs selling and paying money to the government. Once you understand how banking works and the fact that your asset continues to compound over a lifetime it's better to borrow than you to sell. This is true in real estate and in bitcoin.
Published at
2025-01-19 23:10:27Event JSON
{
"id": "c4a47e1adfc4bb0ef79182214dfb3f3db85007b14063a1f7671108a6750f4620",
"pubkey": "d1f8ac7cfbac0b75b49ba10794f961b22ee2ebf3461ed3e0c0262af7a5ea8365",
"created_at": 1737328227,
"kind": 1,
"tags": [
[
"p",
"edcd20558f17d99327d841e4582f9b006331ac4010806efa020ef0d40078e6da",
""
],
[
"p",
"ff2f4cd786e42b4323749c91517ec7baf22dfd035b7a101bea83b6e2bcbacd15"
],
[
"e",
"cded17df3760fab84de2d66da9a6a0c551adc8b5fc18399e5a9005672d907976",
"wss://nostr.bitcoiner.social",
"root",
"edcd20558f17d99327d841e4582f9b006331ac4010806efa020ef0d40078e6da"
],
[
"e",
"5071baf7684a97abaf3fa8460ed668f8e330fd503b6992e16d95b0e2e14f3fb1",
"",
"reply"
]
],
"content": "All money is borrowed money. I'd rather borrow against bitcoin, vs selling and paying money to the government. Once you understand how banking works and the fact that your asset continues to compound over a lifetime it's better to borrow than you to sell. This is true in real estate and in bitcoin.",
"sig": "359bd70b96f486084e99397b28ee019a0b502a58a49e1c8584084731fbd335ff47f0e8fff250b6f32d63137d0dead3f37e4b5749283262b5506ee5a4cca3d5ad"
}