We are about to take out a mortgage for a house. We have decided to stack and Hodl a pile of Sats to be able to pay off the loan within 6 years. Anyone else have experience doing this? #asknostr.
Discussion
why pay off the loan early? as long as the bitcoin cagr is higher then interest rate on loans theres no benefit to paying more than the minimum. leverage fiat debt against the system
yes agree, there is a huge potential upside to structuring your mortgage like this.
My recommendation would be make sure you don’t buy a fiat house with exterior finishes and roofing that’ll need replacing in 10-15 years. And purchase it for it’s utility value and the likelihood that you can make the ground it sits on PRODUCE something like food and animal protein to offset your living costs and get you through hard times, not to impress anyone. nostr:npub15879mltlln6k8jy32k6xvagmtqx3zhsndchcey8gjyectwldk88sq5kv0n just did a great episode of The Survival Podcast dedicated to some of these topics. Great episode! I have to boost the crap out of it later tonight.
Thanks for sharing the podcast, will listen to it this weekend. We have the land and have planted many fruit trees the last couple of years. We eat from the veg garden nearly every day. All that is missing is the newbuild.
Long term you might be better off keeping the Bitcoin and keeping the mortgage. Dollars are cheap. Bitcoin is scarce.
I tend to agree. Better to pay off a hopefully appreciating asset with a depreciating money (fiat).
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Just use the loan to stack?