The interest on a card that holds over $10,000 of debt is several hundred dollars a month.
This could just be the minimum payment.
I know that people have to take responsibility for their spending but these companies are enslaving people in debt.
It’s just not a fair fight.
And these sleazy ass CC companies didn’t start freaking out until I stopped paying.
They were more than happy to increase my credit line. They were happy to see me spend. They want to trap people in debt.
They understand that the money isn’t real! They know the system well.
And when my credit score recovers, they will come right back to me with offers because they can’t help themselves.
They prey on weak minded people who are victims of the fiat system.
Debt is so normalized in this country, it’s bizarre. Nobody wants to delay gratification.
I also used several cards that give 15-18 month 0% APR offers.
This gave me plenty of time to run up the balance while paying no interest at all.
Of course when the interest kicks in, shit gets real.
Yes, my credit score will tank but who gives a shit?
The debt consolidation company makes it super easy. It’s amazing that “debt management” is a thing that exists in this country.
And going into a 0% interest loan for 4 years is good in this fiat system.
Most people go into debt to buy useless garbage. I went into debt to buy the best money ever created.
A few times I felt nervous racking up the credit cards but then I remembered that this money isn’t even real.
The credit card companies give it to me hoping I will use it.
I intentionally racked up $50,000 in credit card debt, using it to pay my rent and stack 🌽.
Instead of paying it back, I’m using a debt consolidation company. After they negotiate with the CC companies, it’ll be about $40,000.
I will pay that off over the next 4 years.
Ok…I’m back from my break a little early. It was nice to check out for a bit.
While away, I moved all of my 🌽 from Ledger to COLDCARDwallet.
BTCsessions is doing gods work and really helped me through it and I learned so much about Bitcoin in the process!
Taking a month long break from Nostr and Twitter starting today.
Keep stacking 💯
Some Bitcoiners are negative as fuck.
“Voting doesn’t matter. The system is broken. The lizard people control everything.”
Yeah…maybe?!
What I do know is that the U.S. is one of the best systems of governance ever produced by humanity. This is an AMAZING time to be alive.
Why does the government call it a “debt ceiling” but when I get a credit card they call it a “credit limit”?
I read the Wiki about Sparta while I was flying home.
The Spartiates were at the top and the Helots at the bottom, with various social classes in the middle. They stole the Helots labor to focus totally on war.
Hard to not see lots of similarities to the present…
Bitcoin fixes this reoccurring historical problem.
I feel like most people know subconsciously that they have to work way too much for way too little money…but they just aren’t connecting the dots.
Being orange pilled is consciously realizing this and then seeing that there is a solution that connects the dots.
He has a thorough understanding of what happened and how it was preventable. He also understands that the U.S. is doing the same thing, just on a smaller scale and we can get away with it because the dollar is valued worldwide.
He sounds like a Bitcoiner.
I had the chance to speak with my wife’s uncle about the situation in Venezuela.
I have heard my wife’s perspective but it’s amazing to hear another generations opinion.
He said he used to visit the U.S. and spend Bolivars no problem. He watched his country economically fall.
Bread is a shitcoin.
I’m at my first Latin wedding with my wife’s family in Miami. These people know how to party.
Perhaps they know how to party because they have escaped real communism. They understand what freedom really means and they understand that life is to be enjoyed!
💯
Every time I get a zap, no matter how big or small, I thank the Gods for the favor they have granted me.
I kind of want to buy some gold so I can be reminded how worthless it is and then be motivated to stack more Bitcoin.