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.
Published at
2024-08-14 22:51:32Event JSON
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"content": "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 \n\nI would argue MUCH higher but I think that's a good starting point\n\nUsing this bitcoin to get a loan and making payments by either:\nEarning fiat\nEarning bitcoin \nShaving off some bitcoin \n\nYou would be able to live very comfortably off of this \n\nAND the best part? \n\nThe banks are going to WANT bitcoin as collateral because of it's global liquidity (and of course its appreciation)\n\nCompare this to someone with land as their collateral\n\nIf you stop making payments, the bank has to sell your land \n\nThink of the process involved and the limited market for land in your area\n\nNow think about them having to sell your bitcoin\n\n10 minutes to a global market and a fair value for your sats \n\nIt's so obvious. \n",
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