Replying to Avatar Dr. Bitcoin, MD

So apparently I own a cybertruck now. Haven’t seen it yet but wifey is driving it home now.

Note: if you’re gonna waste money, waste dollars first. I made the mistake in 2017 of selling bitcoin to buy my wife’s very middle of the road minivan…this was folly. I should have taken a loan…

Note2: taking a loan for a depreciating asset to avoid selling or to keep adding to your bitcoin stack is effectively taking a leveraged position in Bitcoin. This should be done cautiously. I’ll need bitcoin to hit $75,777 within 6 years to make this loan break even. Otherwise the loan merely added to the cost of the car.

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bitcarnicoin 1y ago

Just wasted some money as a fiat loan never been happier

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