What about interest accrument and late fees? It's a huge liability. Why don't you ask so of it's a good idea to take out a 25% loan on 35k to buy Bitcoin. The answer is no. Pay off your debt. You accrued it. You're responsible for it.
Discussion
Wipes off your credit report in 7yr.... as NGU...
I'm broke asf. Poor as shit. And no cards have over a 3k balance so I don't have to worry about court or possible wage garnishment according to current laws.
Even if I use my 750ish score for something, I won't be able to afford the payments...
SO WHY DO I NEED IT!?
I don't.
Why work my ass off just to pay bills, just to work my ass off some more?
When I can work less, and get back to stacking real money?
It's not that you need it. You spent it. You're responsible for it. To not pay it is injustice. You work your ass off because of you don't , you're as shitty as a central banker.
Don't care. Call me w/e makes you sleep at night. I'll be able to afford food for once....
Want me to work my ass off and get nowhere?
Not eat? Not be able to stack bitcoin so you can stack more than me? Not get my 4yr old kid the new clothes or bigger bed he needs?
Feel free to the send sats this way brother. 🤣
Then you shouldn't have spent the money you didn't have that someone else loaned you.
You mean money the central bank printed out of thin air and loaned the credit card companies? That money he borrowed?
He can sleep well at night knowing his little 15k of debt is not hurting anyone.
If it makes his 4 year old even a little more comfortable the credit card companies can go eat a dick.
Exactly.
Thats nonsense. He doesn't owe a predatory system anything. Central bankers are stupid rich and are not at all comparable.
He signed his name on the card. That's not preditory. He agreed to pay that money back.
Well, it turns out that scribbling a name is not a blood Oath to Baal.
If your child is dying, and I have the power to save them I cannot demand you sign away your freedom and serve me and my blood line as a slave for all eternity.
Get your faggot banker arguments out of this.
They said: 0% apr for 14mo. here's $2000 each on a few cards for you, where so we send em?
Not my fault they are stupid and gave and autistic loser with an 8th grade education free money....
Only for bitcoin to come alone and make it so I can stop paying them and still end up ahead!
🤣
If you have no personal responsibility, a lot of Bitcoin will do you no good.
It's not that I dont have personal responsibility...
It's I need food and shit more than I need to pay rich bankers....
Crazy you'd rather have me keep paying bankers getting nowhere, working my life away, not able to stack...all so I can't eat and end up staying in this headspace of I don't wanna be on earth anymore, because of "personal responsibility" to pay the very rich bankers your against, being into bitcoin....
Sounds like you just want me fucked in the ass...
🤷
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Puzzles, Oh god 😅
Nostronaut,
I’ll leave it at this. You are paying back created money to a group that can take unlimited “losses” when you pay a credit card.
There is math for this decision. Everyone should decide for themselves what to do for their own peace. It is responsible to do what you are able to do to help yourself.
If you want help with the Math of this situation, let me know. I have experience.
Oh jeeze lmao.
🤣
The question becomes do you want to have continued access to the credit market? It doesn’t have to be black or white, you can play the game and maintain access to the capital market for future usage. The math JD can help you with might suggest such a middle path has the largest reward.
Sounds like you really don't want to take responsibility for the loans you agreed to pay 🤷🏻
Tell that to the like 60% of homeowners behind on their mortgage rn......
It's not that WE DONT WANT TO PAY.
It's where tf is the money coming from to do so?
Nobody has it.
Go eat plain baked potatoes and rice with peas for 2 weeks like ive had to do recently and get back to me if you'd be paying bankers, or buying food...
Then, not being able to pay them, I looked into my options... 🤷 turns out just not paying is the best one.
Somehow I had it... No one just gave me a job or skills. No one ever gave me any money... Comparing yourself to the average will only continue to hold you down. You have a victim mentality brother.
Same.
Glad you figured something out.
I haven't.
Was kinda hoping countries would give us the middle finger after these tariffs and I could scoop a job in a new factory coding welding robots for $20-$30/hr with no tax on overtime....
🤷