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Replying to Avatar ๐Ÿข

What Jack isnโ€™t saying here that lots of people wonโ€™t realize and could cause them to lose sats- he has incredibly stable cash flow.

Cash flow is required to sustain his revolving credit.

And while he may choose to be โ€œpaid in bitcoinโ€ his cash flow is not denominated in bitcoin, but rather fiat.

Therefor, as the volatility of bitcoin moves up and down, his cash flow can cover his credit card payments. even if bitcoin makes a substantial move to the downside, because his cash flow and salary is denominated in fiat he can continue to service his debt if he does so in short order.

Without stable cash flow, this doesnโ€™t always work to the bitcoiners favor.

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๐•พ๐–Š๐–— ๐•พ๐–‘๐–Š๐–Š๐–•๐–ž 2y ago

Thatโ€™s pretty obv dawg

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๐Ÿข 2y ago

Maybe to you.

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