Speedster71 on Nostr: I took a loan against my life insurance policy, the bitcoin I bought is now worth ...
I took a loan against my life insurance policy, the bitcoin I bought is now worth more than the death benefit so I’m effectively self insured. I took a HELOC and that bitcoin will soon be worth more than the house that secured the loan. Now and again I think of selling some bitcoin to payoff the loans, but then I come to my senses and realize I should just let the government debase them to zero.
Published at
2024-08-17 15:48:44Event JSON
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"content": "I took a loan against my life insurance policy, the bitcoin I bought is now worth more than the death benefit so I’m effectively self insured. I took a HELOC and that bitcoin will soon be worth more than the house that secured the loan. Now and again I think of selling some bitcoin to payoff the loans, but then I come to my senses and realize I should just let the government debase them to zero.",
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