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10 sats \ 3 replies \ @ama 11 Mar \ on: Do you own money to a bank? econ
I don't have a credit card. There's nothing I need/want so bad to pay such kind of interest.
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0 sats \ 2 replies \ @kristapsk 12 Mar
It's often useful, especially during Bitcoin bull market. Would you today rather pay with credit card, which means some interest to the bank, or sell bitcoins?
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0 sats \ 1 reply \ @ama 12 Mar
I don't do either of those two things.
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0 sats \ 0 replies \ @kristapsk 12 Mar
There are situations when you might have no other choice. For example, when you earn Bitcoin, not fiat, and keep all your savings also in Bitcoin. But also if you earn fiat, it sometimes makes sense to pay with credit card and stack sats, instead of paying with fiat. Currently have problems with car, too often something breaks, likely need to buy new one (used, of course), it seems more wise to take long term loan on a car vs selling Bitcoin vs fiat or not stacking sats.
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