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.
it's a bit like falling off your bike when the training wheels are removed, strong learning motivational psychology kicks in
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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.
and just like that, it was the last time you rode fast on a gravel road, gravel rash will do that to you