Replying to Avatar dr.fred

michael saylor recommended 2 years ago. look up the video.

that everyone should mortgage his house

take a credit and buy bitcoin with it

imagine the people who have done that on his advice

mortgaged their house, got let;s say one million from the bank

put it in bitcoin

now worth 400.000

but they have to pay interest on the million

and they have to pay one million back
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Shawn C. 2y ago

If the govt continues to destroy the value of the dollar, they might be able to pay off that motgage with a tiny portion of their Bitcoin wealth. 10-20x in the next 4 years is likely, if not probable.

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dr.fred 2y ago

they have already destroyed the useless dollar even compared to the weak peso

dollar lost 30% of its value in 4 months

btc did nothing

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dr.fred 2y ago

if saylor would have recommended to take a mortgage and buy

mexican peso with it

they would be better off now