Taking out a loan will kill fiat faster and get you to freedom faster..
If you use 50% of the loan for the business and put 50% in Bitcoin, you'll have profits of the 50% Bitcoin almost every 4 years..
*not financial advice
We just ordered 100 new bitaxe gammas. The issue is, will you sell them and when. We still have over 100 Supras in stock. Bought when the bitcoin price was much lower last year. We don’t know if they will be sold and if they are sold it’s at a tremendous loss in bitcoin terms. Most people say we should take out a loan to fund our stock (>€100k) so we don’t miss the upside potential of bitcoin. We looked for it, but paying fiat to loan fiat just doesn’t feel right. Loans enslave and the interest rates for company loans are currently around 9% over here. By not having any loans, there’s more freedom to the business. Many just call us stupid because we are constantly losing bitcoin because of it. But let’s imagine you can’t sell the supras or you even have to sell them at a loss in fiat terms (as we are currently doing). If we would have a loan we would have to pay back the loan and the interest. You’re just making the bankers and the system survive longer isn’t it? Only at large scale 0% financial engineering looks like it makes sense. In all the other instances, you sign up for slavery. Shipped quite some bitaxes again today. Will probably be out of stock for the gammas for a little while soon… or we call our emergency friend nostr:npub1pg4lemfl0j9q3ky2d976srtashcju6fxpnes3h38mg04kmm9huqq4qhp9w we have been helping each other out a lot over the past 1,5 year. Stay humble, stack sats.
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