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Imagine taking out a 20 year mortgage on 1 bitcoin. $64k over 20 years.

Your monthly payment would be $436.

If bitcoin achieves a 50 percent annualized return in that time frame (it's all above that now) it would be worth about $89 million by the time your mortgage is paid off.

20 year forced hodl.

Would you do this?

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Discussion

Jordan S 1y ago

No because it would be the bank's asset, not yours (until you paid it off).

Comte de Sats Germain 1y ago

Fuuuuuuuuuudge no.

Comte de Sats Germain 1y ago

How 'bout this idea instead :

memorize yer keez,

go somewhere land is cheap,

build

This is scary, yes, but that's why we need to organize into small Bitcoin Pilgrim groups.

ᴛʜᴇ ᴅᴇᴀᴛʜ ᴏꜰ ᴍʟᴇᴋᴜ 1y ago

pilgrim reporting for duty

Comte de Sats Germain 1y ago

Excellent. Those computer skills will be needed