Replying to Avatar Byzantine

the best way to pay down debt is to stop taking on new debt and then pay off the old stuff.

buying bitcoin and hoping it outpaces debt growth is the dumbest idea.

bitcoin goes up because money growth is the debt growth
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Hazey 1y ago

I think there's a balance. Selling off your bitcoin to pay off debt leaves you with no bitcoin

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Byzantine 1y ago

hahah! taking convertible stock debt is a little different than taking currency debt. one is enriching shareholders against the dollar and the other is bankrupting a country and the citizens mandatory currency