Gm #nostr
The name of the game is to stack #Bitcoin and remain solvent in any scenario.
"Nothing comes from nothing, just as nothing returns to nothing." - Marcus Aurelius
#stoic #stoicism #grownostr
Note - Could also be my cell service is no Bueno
Hard to get consistent connection to my relays while traveling. Any recommendations from my eurozone friends?
Did someone say #Bitcoin is crashing?? This is a crash for ants!
People are waking up. Are you?
#Bitcoin is the way out. https://nostr.build/av/2986f89c985cf447cc11340c278c3d60c0ae5b2c38574eba55ca9a5b12b381c4.mov
Love this
Gm and #pv nostr. Flew into #Palermo, #Sicily. Spoke to the cab driver on my way to the hotel about the supposed "wild" fires that occurred a few weeks ago. He immediately pointed out that at least one crazy arsonist has been apprehended by police in relation to these events. Western media won't cover the facts and are peddling fear. Seek truth independently!
I do see your point of view but it really depends on the amount of debt and your rate of interest. In a low interest rate environment where inflation is high, it can make sense to take out a loan. For example, car loans at 0% make more sense than paying the entire vehicle up front. As long as you have a safety net, you're golden. But when interest is 7%, the math is much different.
Mortgage loans are oftentimes over 5-10x an individuals gross annual salary. If you factor in higher rates it starts making much more sense to simply rent and invest the difference (ie buy more #Bitcoin).
Also, the future is not guaranteed and in a recession those wage increases or job you would depend on to service the initial debt may not be available. In my opinion, it's much more liberating to avoid these sorts of debt burdens.
Better to be free of debt than to allow the burden of debt to control your life.
Regular folk are now learning about inflation the hard way. #Bitcoin is the escape hatch.
Spotted at Ponte Vecchio. How fitting.
#Bitcoin #grownostr #florence
Currently in Florence, birthplace of the Florentine florin. These gold coins experienced literally no debasement over a 280 year period, essentially acting as a sound money standard. The low time preference construction that occurred during its reign is a clear case study about how sound money can help usher in and sustain a golden Era. This is one of the many reasons that #Bitcoin and its absolute scarce properties matter.
Stunning low time preference architecture in Florence
#florence #italy #grownostr
San Gimignano
#grownostr #Italy #tuscany
Was just there as well. Peculiar indeed.
Egypt 🤝 Rome
#grownostr #rome
The Pantheon is an unreinforced concrete dome that has stood the test of time
#Rome #grownostr
Life's oddities in Rome
#grownostr
