Yikes $14k balance with CC interest is no joke 😬
You could always play the fiat games and transfer the balance to another account, pay the 1% transfer fee, and have 0% interest for ~18 months. But ultimately this is still a headache
Discussion
That’s what I was doing but sometimes they don’t offer such promos 🤷♂️ and you gotta pay.
If you are hodling significantly more than $14k in Bitcoin, I would highly recommend paying off high interest CC debt when BTCUSD hits some rate you are comfortable with 😂. I did this last cycle and sleep much better
Also something I learned recently: as long as the USA tradfi accounts are structured properly, if any deceased person was responsible for any major debts, the spouse / trusties are not obligated to pay.
It’s literally a “if dead: print money” FU to the banking system