i still don't understand how borrowing against your bitcoin solves anything.
if i am 100% bitcoin and i take a loan against my bitcoin and buy a house or a laundromat etc...how do i pay back the loan?
don't i have to sell my bitcoin?
if i am 50% bitcoin and i take a loan against my bitcoin and buy a house or a laundromat etc...how do i keep accumulating more bitcoin?
i now have to pay back the loan with all my fiat
i think clown world just needs to learn how to live within its means
Byzantine
npub1t5…k6dke
2024-10-16 20:06:06 UTC
Author Public Key
npub1t5wc8h37uhkau9tsw82sjxndq04d3n8p634utpdfvs4tm5xmt2sqgk6dkeSeen on
wss://nos.lolPublished at
2024-10-16 20:06:06 UTCEvent JSON
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"content": "i still don't understand how borrowing against your bitcoin solves anything. \n\nif i am 100% bitcoin and i take a loan against my bitcoin and buy a house or a laundromat etc...how do i pay back the loan?\n\ndon't i have to sell my bitcoin?\n\nif i am 50% bitcoin and i take a loan against my bitcoin and buy a house or a laundromat etc...how do i keep accumulating more bitcoin?\n\ni now have to pay back the loan with all my fiat\n\ni think clown world just needs to learn how to live within its means",
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