This is why @jack mallers & @strike bitcoin Line of Credit product would be huge.
Example:
Let’s say I make $10,000 per month. I have $5000 in living expenses. This leaves me with the ability to stack $5000 worth of sats each month.
With Jack’s product, I could stack $10,000 worth of sats and pay my $5000 worth of expenses using the LOC.
This would leave one with DOUBLE the amount of sats each month. This compounded month after month while just letting bitcoin do its thing is huge.
Bitcoin CAGR far out paces the fiat debt that comes with this.
Of course here is the disclaimer for those who need it that debt is a tool that should be used responsibly. Don’t be an idiot.
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I’m too nervous to dip my toes on the line of credit. I can see how the math works, but I can’t bring myself to do it.
Totally get it. Trade offs for sure.