Hypothetical #asknostr
Its 2030 and 1 bitcoin is enough to pay off your mortgage. You own at least 2, but less than 5. Do you sell 1 and pay off your mortgage?
Feel free to ask qualifiers if it's more complex than how I presented.
Discussion
No. Why would I sell absolute scarcity to sell a short on the dollar?
No. Wait until .1 pays off your mortgage
No because that would require KYC Bitcoin.
#DontRiskItBisqIt
#KYCNotMe
2030 we're still early. But by now there are very good lending options available using your BTC as collateral.
Alternatively, you could just keep your pristine assets safe in cold storage and continue to pay the monthly instalments on your mortgage which get cheaper and cheaper as inflation continues to rip.
hard to say, depends on many things, but i would say no, i would keep the btc, because i wouldn't be able to buy back 1 btc, so i would keep paying the mortage bc over time it would be less and less btc so you would still keep most of it. while they keep pricing in fiat we have advantage.
There are 21M bitcoin and 2.1B houses & apartments. So no, it doesn't make sense.
Keep mortgage. In 2030, with inflation, a $5000 mortgage will be a weeks worth of groceries.
Nope.
Hi au9913 🏴☠️🤟😉 It depends on various things. In my opinion, being able to leave our children 1 bitcoin would already be a good result
There are tax implications to consider. Rather than pay capital gains on selling bitcoin you will likely be able to borrow against it tax free and relatively cheaply by then. Pay off the mortgage with the BTC loan so you own the house and continue to pay back the BTC loan to retain your stash.
Nope you don’t. You would trade a winning asset for a losing asset.
Nope. In case of extreme emergency I would borrow fiat for corn though