I have a negative fiat net worth, get paid in bitcoin, save in bitcoin, pay bills, and never have to sell bitcoin or incur a taxable event with my bitcoin-backed loans.
I live my life on bitcoin and ...
How do you avoid the annually refinanced loan compounding by 10% (or whatever the rate is) each year). Eventually you pr your estate will have to pay off an enormous loan. This is only really possible or sensible if you have a very large stack of bitcoin.
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