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0 sats \ 5 replies \ @optimism 17h \ parent \ on: Need Feedback from my Stackers: Should I spend Bitcoin on a Car? bitcoin
I'm not sure about all that. If you need to do an intermediate step to buy your car with sats, that does not at all change the decision to do it? It just makes it a little more involved.
A car isn't an investment if you actually intend to use it; it's a tool. Here's the real test: do you need a car? If no, then don't buy it. If yes, then buy it. It doesn't matter that you saddle your vendor with dollarshitcoins. All that matters is: do you need that car?
Need? No. It's a small sportscar.
Enjoy? Yes.
At this point I'm leaning towards waiting 10 years to reevaluate.
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There were/are people who bought cars and crap in 2015. They had that much Bitcoin to be able to spend 10s of thousands worth because 'they could'.
But today? I think most of those people regret it. Some have enough they don't care but most I think wish they had waited.
Thanks for feedback from the Stackers.
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I got my first whole coin when it was less than 1200x worth what it is today. It was a curiosity back then and iirc bitpay wasn't even live yet. If I would have saved every coin that passed through my wallets through the years, I would have been extremely rich. And extremely dead, because I've used sats income for years. The NgU just means I don't need to worry as much as I would have had if I'd had the same income in fiat, and I can do more things that are meaningful but do not put any bread on the table. So it's nice, I can afford to not get paid for a while and be ok, despite cost.
The only impulse thing I ever bought with sats was a very nice bottle of cognac, and I don't regret that, even though I could have bought 20 or 30 of those bottles with it today. I enjoyed it.
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A nice bottle of Cognac sounds about right. I bought some wine for my mom. And some books. Do I regret that? Absolutely not.
And there were the fries and even a milkshake... That is not a car however.
Always straight talk from the Stackers, Stacker News is awesome.
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