If the name of the game is hodl as many sats as possible for as long as possible and hold as little fiat for as short as possible. Using credit cards and furthermore splitting stuff like Amazon purchases into payments to then be paid with credit cards helps to enable that strategy. You get batch many purchases together and only have to touch fiat once to make the credit card payment and you get to defer the payment for as long as possible.
Discussion
Back when i had credit cards (and cc debt) my minimum monthly payments on them were immediately re-withdrawn once payment was registered. It's Revolving Credit and uncollateralized, so why not, right? Until i defaulted and messed up big time. Moral of my story? Never miss a monthly minimum cc payment ; one can always cash advance it out again after.
🤦 Guess we live and learn... 🤷
This is brilliant for people with the necessary willpower to play with fire and not get burned.
If you don't understand that this is leverage and the risks that brings you can easily get rekt.