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"Debt is bad for civilization and it's bad for you" - Jimmy Song
The other speaker is the CEO of ledn.
Point is that there is no trustless way of doing it. Not your keys, not your coins, full stop. All this platforms (Ledn, Hodl Hodl, Nexo, Firefish) can go offline at any moment and your freaking precious money are gone. Imho, better to leave speculation to the big guys (Saylor & Co).
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21 sats \ 1 reply \ @k00b OP 13 Feb
I've always hated debt because I hate loose ends, admin, and future obligations.
I'm sympathetic to the moral arguments too. If you're opposed to letting people destroy themselves with drugs, why would you support people destroying themselves with money?
I have a harder time arguing people shouldn't take on debt for even productive uses. I do find the "it's wrong but everyone's doing it so I do it" argument lacking.
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0 sats \ 0 replies \ @ek 13 Feb
If you're opposed to letting people destroy themselves with drugs, why would you support people destroying themselves with money?
Are there people who are addicted to debt? I don't think so, so I think that's not a fair comparison.
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Im surprised after all that, the other guy got more hands in the end.
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I also shared it yesterday. #883960
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