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micahcmiracle
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____________ 🌎⚑️🌍 Abhorrent to the uniform. Anathema to the mundane. The words contained in this repository will astound. 🌎⚑️🌍 ...

Last chance for 5 digit corn?

Replying to 6a8e31cb...

?

What's the question?

Good night #Nostr. Good work. Sleep well. I'll most likely kill you in the morning

Replying to d0708145...

Did you make that?

I'm not concerned. If by legal tender, we mean forced to accept it, then legal tender sucks anyway. Voluntary cooperation is much more in line wit bitcoin's ethos, IMHO.

Securing a shit load of fiat for a reasonable interest rate without selling corn is rad.

Maybe now they can mine their $3T gold deposits, drop heavier investments into BTC, and pay off their IMF loan slowly as their cost basis on the interest shrinks to zero against their bitcoin holdings.

Win win. Not taking this deal would be ridiculous.

I seriously doubt this dip will hold till pay day. πŸ€·β€β™‚οΈ

95.1 ... 93.7 ... 91.2

I've heard about that for Europe. I feel a bit safer from that noise here in the U.S.

Kamala wanted something like that for high income earners, but with her gone and the Democrat party imploding, I'm doubtful any such proposal can pass in the near future.

I hate the idea. I'm of the opinion that involuntary taxation is theft, realized or unrealized.

This is purely a theoretical discussion. But... if (I know its a big if) the U.S. government could guarantee that your bitcoin would be replaced 1:1 if the bank went under or otherwise lost your corn... would you consider using a bank for custody?

I hope to pay the card off in full on months when bitcoin us up, and make minimum payments when bitcoin is down for the month.

I figure I have almost three months of credit available before I'm maxed out.

I should say that I am starting this journey with enough corn to cover my card if I max out and can't cover it with new purchases, but I really don't see that being an issue this coming year.

It's real easy to back out of recurring purchases, or adjust the direct deposit away from bitcoin when and if crypto winter arrives.

Thanks for the shout out. I plan to start this journey on the first of the year.

I noticed that (with Strike) you can save on fees with recurring purchases, scheduled after pay day, rather than direct deposit.

My plan is to live off of a credit card for everything, and use Strike purely to make payments only to my credit card.

That way, I have a month to realize gains before paying off my bills (most credit cards won't charge any interest if paid in full each month).

I also get a small amount of cash back and other benefits from using my card.

Even if the governemnt could guarantee the loss and pay you back in BTC? Obviously this is all hypothetical. Just curious as to your reasoning.