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10 sats \ 1 reply \ @LowK3y19 23 Sep \ on: Store of Value, Medium of Exchange, Unit of Account bitcoin
Would be sick to get a loan of some of your bitcoin in the future when the value is crazy high
Get a loan for 50k
need to pay 4k a month for 12 months
In that 12 months bitcoins price appreciates
You can no longer afford 4k satoshis a month
You get liquidated
This is the sound money game, everything will deflate against bitcoin, including your paycheck. Don't loan or trade this stuff.
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