An 8 year loan on shoes.
8.
8 years.
I have a hard time finding shoes that last more than 6 months.
I would rather walk barefoot than take out a loan for shoes.
I bought a pair of shoes today for like 75,000 sats.
This is obviously the Jack Mallets strategy. Why pay full price for sneakers when you can borrow money at a lower rate than your portfolio is appreciating. Take out loans and roll them over, dude is savvy AF. Probably sitting on a mountain of Bitcoin.
At 8% the bond fails? And it's already at 4%?