Actually have a friend in bitcoin space. He’s a boomer. Tries to help people and is let’s say, a relatively vociferous hard money and freedom advocate. He said he was considering trying to switch to paying his rent using a bit of his stack to see how it would go. When we were discussing and I asked why, he said the following:
Imagine you were to take a whole coin right now and put it in a wallet. You pay for your rent monthly by selling a bit when required or try to get landlord to accept btc but based on monthly fiat rent. If the assholes keep printing, bitcoin keeps going up faster than all this fiat shit. So are we at the stage where I could rent for the rest of my life with just a single bitcoin yet?
It’s an interesting thought. One should consider from this thread that societies can act with group think and also be gullible. It’s quite glib to blame an entire generation but it would be nice to see some taking ownership of the damage caused. World of nuance. To any young bitcoiner who got in early though, the price of a house will continue to drop in btc terms, maybe do a spreadsheet with the question above with average rents etc and take a look before parting with stack for a house, this might be an opportunity to play a good game against a rigged system. Pura vida!
El Guiri
npub1nk…y3chw
2025-05-07 21:03:31
in reply to nevent1q…s6y3
Author Public Key
npub1nkn4k86w8advjau7hmxj0j5qx2exxgufu8cqaru7khkdgreym3ks9y3chwPublished at
2025-05-07 21:03:31Event JSON
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"content": "Actually have a friend in bitcoin space. He’s a boomer. Tries to help people and is let’s say, a relatively vociferous hard money and freedom advocate. He said he was considering trying to switch to paying his rent using a bit of his stack to see how it would go. When we were discussing and I asked why, he said the following:\n\nImagine you were to take a whole coin right now and put it in a wallet. You pay for your rent monthly by selling a bit when required or try to get landlord to accept btc but based on monthly fiat rent. If the assholes keep printing, bitcoin keeps going up faster than all this fiat shit. So are we at the stage where I could rent for the rest of my life with just a single bitcoin yet?\n\nIt’s an interesting thought. One should consider from this thread that societies can act with group think and also be gullible. It’s quite glib to blame an entire generation but it would be nice to see some taking ownership of the damage caused. World of nuance. To any young bitcoiner who got in early though, the price of a house will continue to drop in btc terms, maybe do a spreadsheet with the question above with average rents etc and take a look before parting with stack for a house, this might be an opportunity to play a good game against a rigged system. Pura vida!",
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