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20 sats \ 5 replies \ @grayruby 11 Oct \ parent \ on: MicroStrategy's $3.9B Bitcoin Play: Use Saylor’s Infinite Money Glitch! econ
Two ways you could play it then. You could make a slightly less large down payment. Say you were going to put 200k down. Put 150k down instead and put 50k into Bitcoin or some variation of that. Even 10% of your down payment into Bitcoin likely eventually recoups the entire down payment. But maybe you want to be slightly more aggressive than that. Or you could put as much down as possible and take some of the savings in your monthly expenses due to reduced mortgage payments and sweep that into Bitcoin on a monthly DCA.
Family home is important. Don't do anything your wife isn't comfortable with. Bitcoin will do its thing. Just accept you will regret you didn't buy more. Haha.
I know she's ok with saving some of whatever's left over in bitcoin, but I think she'll be skeptical of this strategy.
That's really fine with me, anyway. I'm more psychologically drawn to the minimizing monthly expenditures strategy, but I can see how that likely leaves a bit on the table.
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In my humble opinion, don't do anything your wife isn't comfortable with. I am sure you can make the case for a reasonable bitcoin acquisition when you sell your home and settle on what the down payment for the new one should be. Even though you came to bitcoin later, don't feel like you need to play catch up. You are still way earlier than most people and understand it better than 99% of people.
It's good that your wife is involved in family finances. My wife just looks at our joint account balance going down and assumes we are poor. She hasn't quite grasped the income poor, asset rich strategy I am going for. She keeps telling me to get a job. Haha.
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Funny thing is I did get a part time contract job and got my first invoice paid today for a few hours of some boring training stuff I did. I saw the money hit the account and transferred 2/3 of it out to my shakepay account to buy more bitcoin. Haha. I don't think this is what my wife had in mind.
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I'm actually pretty happy with how well I've "caught up". My back of the envelope accounting tells me that I've stacked what I anticipate being enough to live off of for over 10 years and I'm putting away about a days worth of bitcoin everyday.
Financially, we're doing fine. I'm just excited by all the different ways to get more integrated into bitcoin world, so that I can get out of fiat world.