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27 sats \ 0 replies \ @kepford 11h \ on: The Logic of Debt Under Fiat, Student Loan Edition econ
In late-stage fiat, the prime benefit of a mortgage isn’t said stability of owning one’s home… but to be short dollars, in the safest, most accessible way there is.
Very hard for people to believe this but it's so true.
Now we have bitcoin and this is superior to land and real estate. This is basically the root of Saylor's plans. He's gone crazy complex with it now but he's exploding the fiat credit and financial system with bitcoin.
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