charli chase on Nostr: Jeff Booth Love your work - I have a question What does credit look like in a ...
Jeff Booth (npub1s05…eyhe)
Love your work - I have a question
What does credit look like in a deflationary environment with Bitcoin
I buy a house for 10 btc but loan 5 btc to make it happen. The house depreciates in value every year meaning at some point the loan becomes insolvent unless I pay it off faster than the depreciation??
I just can’t get my head around this ?
Love your work - I have a question
What does credit look like in a deflationary environment with Bitcoin
I buy a house for 10 btc but loan 5 btc to make it happen. The house depreciates in value every year meaning at some point the loan becomes insolvent unless I pay it off faster than the depreciation??
I just can’t get my head around this ?