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How to get filthy rich with the 50 Year Mortgageyoutu.be/c5yqqjAPIxI
985 sats \ 29 comments \ @BlokchainB 11 Nov econ
Adam does a really good job explaining the speculative attack on the banks and the whole fiat system.
The idea is simple lower your monthly fiat bills and stack Bitcoin with it. If you want leverage buy MSTR as well.
A 50 year mortgage at an interest rate below 10% to 20% is a losing trade in the long run. If you expect bitcoin to keep growing in fiat units then it’s a no brainer!
I won’t be doing this because I got the golden handcuffs! No way I would ever get a mortgage under 2%
But this is something to consider if this 50 year mortgage product ever comes to market (which I don’t think it will)

The Break Even 50 year mortgage rates vs. 30 year fixed

The Fiat gains at different bitcoin growth rates

![](https://m.stacker.news/116951

The risks

Always keep in mind as long as bitcoin has a fiat exchange rate you can always grow your stack faster by playing fiat games.
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0 replies \ @BlokchainB OP 11 Nov
The broken link!
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155 sats \ 1 reply \ @ThatWhichisNotSeen 11 Nov
there is a big difference between the creation of the 30-yr mortgage and where america was in terms of macro economics and it's own ability to absorb public expenses / projects...and where we are today with this idea. Because of how broke we are and how our public revenues will decrease over time due to population decrease and underwhelming productivity miracles, LITERALLY any new public program (be it this mortgage scheme or UBI or ...genuinely any public project) is dead before it even takes off.
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69 sats \ 0 replies \ @ThatWhichisNotSeen 11 Nov
it's just fantasies (and the more communist and preposterous the idea, the more it'll be supported en masse) from here on out as the country declines.
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100 sats \ 1 reply \ @optimism 11 Nov
"You will own nothing, and you will be happy"
Why? Cuz the bank will own you. And you will have to bail them out. Every. Single. Time.
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192 sats \ 0 replies \ @ThatWhichisNotSeen 11 Nov
they for sure would if needed. the 50 yr mortgage (just as the 30-yr mortgage before that) is a bail-in for the banks.
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30 sats \ 3 replies \ @SHA256man 11 Nov
this thread is full of fiat maxis, an absolute disgrace to the bitcoin economy;
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73 sats \ 2 replies \ @SimpleStacker 11 Nov
why would you say that?
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30 sats \ 0 replies \ @SHA256man 11 Nov
🔲🔳🏁 in spirit 💩 in thoughts 💀 in behavior
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0 sats \ 0 replies \ @BlokchainB OP 11 Nov
Some people don’t understand fiat and leverage. If everyone took out a 50 year loan and DCA’ed the cost savings vs. a 30 year loan into bitcoin over the next 50 years the banks are left holding the fiat bag.
Then with your bitcoin savings you probably won’t ever need credit or a mortgage ever again.
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110 sats \ 12 replies \ @kepford 11 Nov
50 year mortgages. What could go wrong? Seems likely this is a signal to me. Of what? Not sure.
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127 sats \ 1 reply \ @SimpleStacker 11 Nov
Of Trump panicking, imo
I'm panicking a bit too, it seems like my California is going even further left. If the result of Trump is making California go further left, then Trump is a failure in my eyes.
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0 sats \ 0 replies \ @kepford 12 Nov
Really? If someone stands up to opposing views that are not congruent what would you expect to happen?
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124 sats \ 8 replies \ @Undisciplined 11 Nov
The bigger question is why these don't already exist.
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110 sats \ 6 replies \ @SimpleStacker 11 Nov
My understanding is 30 year fixed rate wouldn't even exist except for the backstop provided by Freddie and Fannie
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209 sats \ 0 replies \ @Undisciplined 11 Nov
Right, so these would be an even greater transfer of risk to the taxpayers from the banks.
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110 sats \ 4 replies \ @kepford 12 Nov
100%. This whole system is backstopped by the FED. I don't think people really realize how deep the effects of the FED actually are.
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215 sats \ 3 replies \ @kepford 12 Nov
People seem to understand that welfare creates dependency and a week class of people. They don't know that the banks get this as well as other industries like the airlines.
We have weak industry due to socialist ideas for business. We don't have free markets everywhere. And if you wanna see where this corporate welfare is present just look at industries that suck.
Banks, health insurance, airlines, and utilities. They are TOO important to NOT be exposed to free market pressure.
Crapitalism
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42 sats \ 2 replies \ @BlokchainB OP 12 Nov
Don’t forget the soybean farmers
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89 sats \ 1 reply \ @kepford 13 Nov
Farmers.
Hardly exhaustive
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0 sats \ 0 replies \ @BlokchainB OP 13 Nov
Hahaha
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0 sats \ 0 replies \ @BlokchainB OP 11 Nov
Haha
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0 sats \ 0 replies \ @BlokchainB OP 11 Nov
The boomers rode the 30 year mortgage to wealth those who are smart can do the same with the 50 year
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95 sats \ 2 replies \ @SimpleStacker 11 Nov
Depending on how low the rate is, I'd totally be down to extending my mortgage another 50 years! Haha
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42 sats \ 1 reply \ @BlokchainB OP 11 Nov
Hahaha I often thought about paying off my mortgage early to be debt free but then I think I’m much better off just buying bitcoin then pay off the mortgage once bitcoin grows big enough in dollar terms to pay off the mortgage debt
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163 sats \ 0 replies \ @Undisciplined 11 Nov
I don't know if I'll be able to talk my wife into this, but we might try to downsize to a less expensive home and gamble on being able to refinance at lower rates eventually (not lower than we have, but lower than are available now).
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84 sats \ 0 replies \ @kurszusz 23 Nov
Hmmm...quite an interesting video. The principle should be considered, taking into account the risk factors of course...
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80 sats \ 1 reply \ @ThatWhichisNotSeen 11 Nov
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78 sats \ 0 replies \ @SimpleStacker 11 Nov
I mean, someone really should!
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54 sats \ 0 replies \ @grayruby 11 Nov
For most people I hate the idea of a 50 year mortgage. For sophisticated investors it is great.
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