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2024-08-21 22:01:01

charli chase on Nostr: Jeff Booth Love your work - I have a question What does credit look like in a ...


Love your work - I have a question

What does credit look like in a deflationary environment with Bitcoin

I buy a house for 10 btc but loan 5 btc to make it happen. The house depreciates in value every year meaning at some point the loan becomes insolvent unless I pay it off faster than the depreciation??

I just can’t get my head around this ?
Author Public Key
npub10yxhelsxjl79ww4ry4c8ax43nr6cqhncm8uh4qv5huuy5479gczq0thjeu