Is it wrong to take a fiat loan from someone to buy bitcoin and take advantage of someone's information asymmetry? @bitcoinpierre explains his thoughts https://m.primal.net/KvUD.mp4
Buying bitcoin with the fiat they give you is in my opinion the education you give them that they should be buying bitcoin. Actions speak louder than words.
Funny, to say the least. Debt government? Fuck the government, let's reinstate the guillotine! Should we get into debt? Fuck yeah, what can go wrong!? 🤦 Now start throwing shit at me...
I agree there are good arguments to avoid getting into debt, I just don’t think “I have to persuade the lender to buy bitcoin instead of lending fiat” is a good argument.
I’m happy taking a loan against the cash value of my life insurance and home equity. Every time I think of paying them off I think of Saylor and go stack harder. If my fiat leverage helps increase the bitcoin price I am helping educate fiat folks.
Not wrong at all