Oddbean new post about | logout
 Well why does anyone buy Bitcoin? 
To conserve monetary value and to sell for stuff in your time of need 

Same here in sure 🧡 
 For me that would only be plan B (or C), since that's the way of the poor. Plan A, the way of the rich, is to borrow fiat against my BTC holdings, without ever liquidating them, to acquire assets that generate cash flow.  
 Yeah that sounds good 😊 

But I would rather sell a little Bitcoin to buy something then to put a lot of Bitcoin into a custodian for a credit to buy it. 

We will see what options the future brings 😇