mike on Nostr: I understand this view. Borrow fiat against your Bitcoin rather than spending ...

I understand this view. Borrow fiat against your Bitcoin rather than spending Bitcoin.

I agree, the financial argument is compelling.

However, borrowed fiat has a cost. That cost is loss of liberty. If I hold and spend my Bitcoin, nobody has any say or control over my life.

If I posses borrowed fiat, the creditor, bank and government all have a degree of control in my life.

quoting
nevent1q…3d58

this gentleman spoke so much sense about how to properly use capital. https://youtu.be/cQe6E9PTYfk