What is Nostr?
drgo / Dr. Bitcoin, MD
npub1fa8…thnd
2024-10-21 16:08:36
in reply to nevent1q…9pd2

drgo on Nostr: If you have any debt and bitcoin, you literally are getting a bitcoin yield whenever ...

If you have any debt and bitcoin, you literally are getting a bitcoin yield whenever your Bitcoin holdings increase in value more than the interest paid to date.

This applies to many people.

Let me give you another example: I bought my wife a mini van in 2017. Was I smart and try to get a yield on my bitcoin by taking out a loan to buy the car? Nope. I was a moron and managed to avoid the massive Bitcoin yield by selling Bitcoin to buy the vehicle. Whereas had I taken out a $40,000 loan at 5% to spare my Bitcoin, I would be up about $350,000.

This is what I mean when I say only an idiot can manage to avoid bitcoin yield. I am he. And unwittingly there are many like me.
Author Public Key
npub1fa8c9prxnrlkdtjl48adfsxyaduz8tas075l2n4f6903y9awjmxqanthnd