Lau on Nostr: Did you know you can buy a house and #bitcoin at the same time without spending any ...
Did you know you can buy a house and #bitcoin at the same time without spending any of your bitcoin?
One of the conditions of the credit system is that you can borrow money in the form of a mortgage. Inflation will make your mortgage more affordable over time.
When you buy a house that requires some work, you can borrow more to fix it up. When you do most of the work yourself you can buy a lot of bitcoin with what you borrowed.
If you then just hang tight for four years, pay your installments, hodl your bitcoin, you can enjoy the benefits of both.
Just stacking bitcoin with your income works fine, but stacking with a mortgage is probably going to give you a lot more bitcoin.
This is not advice, but it is an option you have.
Published at
2025-01-27 08:16:18Event JSON
{
"id": "d31d77b24b89768987bcb97359acba8a51bfebdc829d20c92119e5b30d24fdd0",
"pubkey": "5a9c48c8f4782351135dd89c5d8930feb59cb70652ffd37d9167bf922f2d1069",
"created_at": 1737965778,
"kind": 1,
"tags": [
[
"t",
"bitcoin"
]
],
"content": "Did you know you can buy a house and #bitcoin at the same time without spending any of your bitcoin?\n\nOne of the conditions of the credit system is that you can borrow money in the form of a mortgage. Inflation will make your mortgage more affordable over time. \n\nWhen you buy a house that requires some work, you can borrow more to fix it up. When you do most of the work yourself you can buy a lot of bitcoin with what you borrowed. \n\nIf you then just hang tight for four years, pay your installments, hodl your bitcoin, you can enjoy the benefits of both. \n\nJust stacking bitcoin with your income works fine, but stacking with a mortgage is probably going to give you a lot more bitcoin. \n\nThis is not advice, but it is an option you have. ",
"sig": "3a14232d7df61e02d78343250e82d02dc85b45331a109d8431e1796c6fad560abcfbbac4db066c0be36cac8ded87bf821959dc8df3ad63c418e9eb236233201b"
}