That's a trade off I'm willing to accept to fix our broken money. Even if I wasn't willing to accept it, I wouldn't be able to stop it
I've thought about it and while I don't see anything wrong with me borrowing money and paying interest for you to loan it to me, I agree it's morally wrong for someone to create new money, devaluing everyone else's money, to loan it out and then earn a profit on that
Why morally wrong? If someone has a car or any other asset that I want to borrow, is that also morally wrong to pay them to loan it to me
Yes. But also, with hard money, you're paying a premium to get access to money sooner. With debt in a rapidly devaluing money, the purchasing power of your debt is erroding so what you're paying back later is significantly less valuable.
Imagine buying a 10 million dollar home in Argentina at the beginning of the year with a 20 year mortgage. With inflation well over 100%, any interest rate below that and you are netting the difference in value.
You pay more in fiat terms but pay significantly less in purchasing power.
seems easier than using the shift key
GM! I appreciate it. Keep going
Every kind of high volume smaller transactions that results in small UTXOs. Your wallet shows one balance but due to high fees on each UTXO, what you can actually spend may end up being significantly less
welcome! let me know when youve got your zapper setup
You can DCA with Robosats over lightning
nostr:npub1j9k220uxarsuc7fj9kp2cs9yahetqy4q6m9cdatn5srkwk6mr6tqcy7e8k can notify ya. Here’s the typical command and response via DM. I can add you to the list of pubkeys it listens for later today. 🤙
How do I get on the list?
It will sit there until it's either included in a block or purged right?
Whats a good way to be notified when onchain fees get below a certain threshold?
#asknostr #bitcoin
What was the tipping point to cause this decision?
Until mempools never clear and you've simply stacked sats without UTXO management. Now your daily DCA costs more than it's worth to spend.
If I can add a little complication, STAY HUMBLE, STACK SATS, AND STUDY BITCOIN
are you saying this study is bullshit?