Replying to Avatar ᴛʜᴇ ᴅᴇᴀᴛʜ ᴏꜰ ᴍʟᴇᴋᴜ

yeah, i personally don't see any reason to get a loan for anything... if i can't stack enough to do it, it can't be done, that's my rule
Avatar
Laeserin 1y ago

We moved, after 5 years, and we were so relieved to just be able to sell the house and not walk away in a hole. Lots of people couldn't sell because they were upside-down on their loans.

Under Bitcoin, almost everyone would be upside-down on their loans.

Reply to this note

Please Login to reply.

Discussion

Avatar
ᴛʜᴇ ᴅᴇᴀᴛʜ ᴏꜰ ᴍʟᴇᴋᴜ 1y ago

it's a bit like falling off your bike when the training wheels are removed, strong learning motivational psychology kicks in

Avatar
Laeserin 1y ago

Everyone is so casual about chronically upside-down loans, but I suffered under one and they caused widespread unrest. That is some seriously nasty shit.

Avatar
ᴛʜᴇ ᴅᴇᴀᴛʜ ᴏꜰ ᴍʟᴇᴋᴜ 1y ago

and just like that, it was the last time you rode fast on a gravel road, gravel rash will do that to you