Being debt free is the first step .. many people suggest a mortgage (at 3 percent ) is good to keep cuz you can earn say 8 percent in #SPY or even more in #bitcoin .. with money that you had pay to square off the account ...
Nothing is farther from truth ..
If you are not debt free - your mind is locked in perpetual insecurity - Not worth if growth is built on fear !
Education loan is the biggest stupidity .. the point of education is to make you debt free .. not endebt for life ..
Besides you can learn more with youtube than any school :-)
If we're on the Bitcoin standard you won't need a mortgage because you'll be able to save the money without it losing value. In today's fiat system we are forced to take out loans because we can't save.
Bitcoin standard means you are deciding a default asset . That is against the idea of free markets .. It is a sure way to kill all innovation and motivation to work .. the good news is - we are NOT going to Bitcoin standard :-)
And what should we do, continue to use fiat money? No one is forcing anyone for Bitcoin. Whoever wants to can use it. Whoever is happy with the current system let them continue with it, I don't want to.
You are absolutely right .. That is exactly what free market is .. You be happy with btc .. I am happy with part btc and part gold ... someone else may be interested in real estate ... Point being - there is no #bitcoin standard !
