If you offered me 5 Bitcoin, or a house, I would take the house.
Why?
Because then I would have my own space to focus, to create, to control myself, and decide what I want to do with my time.
Having a home that you can call yours is probably one of the most powerful things in the world.
Bitcoin helps people accomplish that.
Bro take the 5 bitcoins and get a mortgage, pay the mortgage with the bitcoin. You Re not smrrrrt
My point is about why we bitcoin.
We Bitcoin so people can enable themselves to accomplish their goals in life.
Also yes, and no, I'm of The Ramsey school of thought, leverage is extremely risky, and will burn people alive FAST!
Debt through collateral is just making a perfect house of cards to be margin called on, you lose everything.
Whereas in a debt free society, everything grows albeit slowly.
Don't buy things you cannot afford. ALL debt is a trap.
If your sitting on 5 btc you can afford a 30 year mortgage lol
You think in 30 years you will still have that 5 btc? Debt is a trap. Your finances can go wrong but that debt with interest will hang over your head your whole life.
You'd probably still have 4. Which is way better then if you sold it all to begin with.
Being a slave for 30 is not worth any amount of BTC.
Good point
Mountain lions don't need housing but people do. The house payments get cheaper each month with bitcoin, and your not slaving if you have 5 btc in savings. You have plenty of time to fund and start your own business or work to replace sats.
It's hilarious.
The more glaringly obvious this fact becomes, the more adverse in effect it manipulates.
Almost like the anxiety from personal debt, gets people to cope buy buying themselves shit (more debt) their future self had to pay for. Just to momentarily distract them from the feelings of anxiety.
Immediate need for gratification. They can't even stop. What a vicious cycle.
Lost. Eternally.
Do you reckon the ratio of buying “things” if 10/1 is fair?
If you can’t buy it 10x you don’t buy it?
Your house will never be yours. Your land will be taxed and if government needs it, it will be taken away from you. Home ownership is a shitcoin.
Ratio by Allodial Title.
Might makes right is a belief upheld by Bozos.
Real property > real estate 😉
Home ownership is a scam
Took me longtime to really get that! But finally understand this! Bitcoin fixes this! Its beautifully magically internet money 💰!
When you pay rent, you're paying property taxes.
The government isn't going around taking houses away for sport, at least not in America.
If there is eminent domain because your dumbass bought property in the way of a gas pipeline or something like that - they pay you for the probably shit house you bought for cheap so you can go buy another one.
I know more people who are getting fucked with rent hikes than people who can't pay their mortgages.
Fixing your costs with an opportunity for them to be lower is smart unless you don't mind getting whipped around & moving around the world to cheaper housing.
The nomadic lifestyle has its pros & cons but this is one in its favor.
I'd take the Bitcoin P2P because Gift Tax is a thing
or.. you take the 5BTC, move to a cheaper country, buy a house for 100k and keep the rest in BTC.
Fair point 😅
Need to research other countries just in case 👀 tbh.
nostr:nprofile1qqs03eglcgtv32zswdrk2yse7plz9mulg2v6svvlu0m7a9apjs2qsygpz9mhxue69uhkummnw3ezuamfdejj73yqftn has a Plan B Residency program. 😄
And then your neighbors participate in 5+ years of persistent harassment based on numerous lies. Not everything is as obvious as it seems.
Lol, ok.
Don't care, if it got bad then I'd probably move otherwise they're just angry Bozos.
Though I wouldn't want to live in a community where I was hated ideally.
