"Laser why did you buy your house outright?"

Because I value my sleep.

#Bitcoin

Reply to this note

Please Login to reply.

Discussion

what about the people that can't do that and own a meaningful amount of btc

imo BTC ownership will help them more, even in situations like Jeremys

Everybody's different.

For me a home represented a small enough purchase that it was worth having fewer counter parties to manage.

agreed if you can have a house paid off and a meaningfully sized stack then it makes sense, feel like many plebs can't do both

The real way to exit the fiat system is to eliminate all debt. Goals.

People shit on those that try to pay off mortgage early because of “opportunity cost” or “stock/bitcoin returns > mortgage rate”. Yes all true when you look at numbers black and white. But not true psychologically because it doesn’t account for peace of mind which is very real.

And that's why I speak out about it. I chose no debt and as few counter parties as I could manage and I still go to sleep grateful I did to this day.

I’ve been doing both stacking like a maniac and putting yearly lump sums into mortgage. No one said it had to be one or the other. Basically living on zero just with that strategy

It's fine and good.

Do you pay property taxes? If so, do you really own it?

This is a new input on my debate with myself on home ownership… 🧐