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0 sats \ 6 replies \ @ek 18 Sep 2022 \ parent \ on: Daily discussion thread
If you are sure you can service the monthly payments without any problem, I think it's ok.
Yes. 50€ is like 5% of my regular income.
It's a speculative attack on the Euro in essence.
Not agreeing with "speculative" since my decisions are based on reasoning (I would call trying to get lucky as "speculation"), but yes it's an attack.
I have more confidence in the bitcoin blockchain pumping out a block every 10 minutes than the Euro to keep existing in the next 5-10 years.
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0 sats \ 5 replies \ @F 18 Sep 2022
What if you lose your job? What if an emergency bill comes up?
I think bitcoin will continue adding blocks for a long while, but what makes you think the Euro will cease to exist in 5-10 years?
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0 sats \ 3 replies \ @badabing 18 Sep 2022
5% of a salary is not that risky tbh
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0 sats \ 2 replies \ @ek 18 Sep 2022
Yes but it's good to think what I'll do if I lose my job.
I need to find out how much fiat I want to keep as an emergency.
Or where the best bridge is to sleep under haha
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1 sat \ 1 reply \ @badabing 18 Sep 2022
If you lose your job, the state will provide you with a living wage, no?
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0 sats \ 0 replies \ @ek 18 Sep 2022
They should. But I wouldn't count on that. I heard bad experiences about such cases from former flat mates.
They'll just take their time.
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0 sats \ 0 replies \ @ek 18 Sep 2022
The current situation between north and south Europe. Increasing pressure from political parties to exit the EU (see Brexit). I don't want to say I don't like the EU. But there are definitely some problems with it.
If I'll lose my job I'll be fucked for a while until I found a new job
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