Crazy that an auto loan is anywhere from 1/3 to 1/4 the interest rate of a personal loan.
I could get a 5.5% auto loan to buy my fiance's car from her, have her give me that cash after the sale, buy #Bitcoin with it, then sell just enough btc to cover the monthly note each month for the next 5 years.
If you think #Bitcoin will appreciate atleast 5.5% annually over the next 5 years, then its a winner.
Nate
npub1du…7uv5t
2024-10-09 19:19:20
Author Public Key
npub1dukh7q9f2hv6anwyevuw7ru797n43hcpp960zed7f5t8pw6mk4msx7uv5tSeen on
wss://relay.damus.ioPublished at
2024-10-09 19:19:20Event JSON
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"content": "Crazy that an auto loan is anywhere from 1/3 to 1/4 the interest rate of a personal loan.\n\nI could get a 5.5% auto loan to buy my fiance's car from her, have her give me that cash after the sale, buy #Bitcoin with it, then sell just enough btc to cover the monthly note each month for the next 5 years.\n\nIf you think #Bitcoin will appreciate atleast 5.5% annually over the next 5 years, then its a winner.",
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