Once you understand Bitcoin, spending becomes hard.
Every time you want to spend money/Bitcoin you will ask yourself is it worth it to me or should I keep it in Bitcoin.
I'm a bit older so I have a house hence there is no need to buy, but even than I can ask should I sell and put it in Bitcoin while I rent the comming years.
The awnser is yes I better should (there is also a wife and kids so I haven't).
Only things that can't be pushed out like food, education of the kids is where I spend money on.
Even paying off the mortgage ( the little that is left) is not smart at this moment since Bitcoin has a way better return.
Every one that askes me gets the advice not to buy a house, even if the "wife and kids dream" is running through their vaines, keep that money in Bitcoin for at least another cycle is the only advise I can give.
At some point the race to accumulate Bitcoin will go into a higher gear.
There simply aren't enough Bitcoin and there is too much fiat.
So the mentioned house/Bitcoin ratio will change even faster.
If my house was my only chance of getting exposure to Bitcoin, I would have that hard conversation to sell and invest most money in Bitcoin and rent the coming 10 years...
/ FreeYoda
npub1fp…nfr2h
2024-12-27 16:50:34
in reply to naddr1qq…8ss6
Author Public Key
npub1fp685rwn5pecyxu7edf49g9r8630tdm440srjvjq5psmtklg56lscnfr2hPublished at
2024-12-27 16:50:34Event JSON
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"content": "Once you understand Bitcoin, spending becomes hard.\n\nEvery time you want to spend money/Bitcoin you will ask yourself is it worth it to me or should I keep it in Bitcoin.\nI'm a bit older so I have a house hence there is no need to buy, but even than I can ask should I sell and put it in Bitcoin while I rent the comming years.\nThe awnser is yes I better should (there is also a wife and kids so I haven't).\n\nOnly things that can't be pushed out like food, education of the kids is where I spend money on.\nEven paying off the mortgage ( the little that is left) is not smart at this moment since Bitcoin has a way better return.\nEvery one that askes me gets the advice not to buy a house, even if the \"wife and kids dream\" is running through their vaines, keep that money in Bitcoin for at least another cycle is the only advise I can give.\n\nAt some point the race to accumulate Bitcoin will go into a higher gear.\nThere simply aren't enough Bitcoin and there is too much fiat.\nSo the mentioned house/Bitcoin ratio will change even faster.\nIf my house was my only chance of getting exposure to Bitcoin, I would have that hard conversation to sell and invest most money in Bitcoin and rent the coming 10 years...\n\n",
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