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0 sats \ 3 replies \ @0xBTC OP 22 Jun 2023 \ parent \ on: What would make you sell your BTC? bitcoin
Collapse doesn't equal insane inflation. I mean if the job market collapsed, then I would have a home with no debt. I would also save hundreds of thousands of dollars in interest.
Collapse would mean severe deflation. Your house would be worth 10-25mil sats while a few months before you sold 1 Bitcoin to pay it off.
This isn’t financial advice but I would never sell Bitcoin if I was expecting any kind of financial collapse. That’s kind of the whole point bro
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The last time the US has had deflation was 70 years ago. The last time we have had severe inflation was 1932 and we even had inflation in 2010 during the great recession. Not sure where you're getting that idea, but I'll take my chances that doesn't happen again in the near future.
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Your name is “0 x btc” and that’s where you are gonna be unless you change your mindset
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