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2024-08-14 22:51:32

Jor on Nostr: I saw someone say that we can safely assume and agree that bitcoin will be worth at ...

I saw someone say that we can safely assume and agree that bitcoin will be worth at least 1 million in a decade from now

I would argue MUCH higher but I think that's a good starting point

Using this bitcoin to get a loan and making payments by either:
Earning fiat
Earning bitcoin
Shaving off some bitcoin

You would be able to live very comfortably off of this

AND the best part?

The banks are going to WANT bitcoin as collateral because of it's global liquidity (and of course its appreciation)

Compare this to someone with land as their collateral

If you stop making payments, the bank has to sell your land

Think of the process involved and the limited market for land in your area

Now think about them having to sell your bitcoin

10 minutes to a global market and a fair value for your sats

It's so obvious.
Author Public Key
npub103m96sra82w4agghew9cdxtzs4s8sl7qsjsvw6h653yml0gjrkzqefd3h5