The supply crunch continues: +10k net inflows to ETFs!

#Bitcoin

Feels good to be back boyos

Happy 58k 🥳🍻

$625k home

20% down-payment

$500k mortgage

With a 6% interest rate and a 30-year term, you are paying $579,190.95 in interest.

The $625,000 house cost you $1,204,190.95.

This is equal to a $3,345 monthly rental payment, plus you pay for maintenance and repairs.

Houses cost so much because people can borrow money that's created with the press of a button to buy them.

If everyone had to pay in cash for their home, prices would drop significantly.

Most people think mortgages are designed to help them.

But NO.

Mortgages are designed to earn profits for banks.

GM

why is linkedin so lame? like. why are there so many people that want to use it? it's astonishing to me. it's the most boring pile of shit i've ever witnessed.

Man…twitter is becoming absolutely deranged. I seriously question why I even look at it anymore between the surprise porn, violence, or emotional abuse all designed for eyeballs and clicks.

It’s pretty wild to see that this whole model is starting to eat itself. Glad we have an alternative like this, and I’m excited to see where it goes.

Love me a good ribeye.