BTC_P2P on Nostr: Imo you are right but there is a caveat. If the mortgage holder could borrow against ...
Imo you are right but there is a caveat.
If the mortgage holder could borrow against their real estate with a HELCO and use the credit to buy Bitcoin then they’re accessing Bitcoin sooner and still not paying ≈ 1 million usd in rent over those 30 years to live.
I would buy the Bitcoin vs put a down payment on a house if I had the 100k and no Bitcoin. At this point the Bitcoin has at least an order of magnitude more upside than real estate.
Published at
2024-06-08 00:30:23Event JSON
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"content": "Imo you are right but there is a caveat. \n\nIf the mortgage holder could borrow against their real estate with a HELCO and use the credit to buy Bitcoin then they’re accessing Bitcoin sooner and still not paying ≈ 1 million usd in rent over those 30 years to live.\n\nI would buy the Bitcoin vs put a down payment on a house if I had the 100k and no Bitcoin. At this point the Bitcoin has at least an order of magnitude more upside than real estate.",
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