CarlBMenger on nostr

After 70 months of payments, you've got a paid-off car that you bought for $40k, that ended up costing you $55k (thanks to interest and insurance), that's now only worth $16k (thanks to depreciation).

But stacking $500 worth of #Bitcoin monthly is considered risky. HFSP

satbull · 56w

To be fair- I did both 😂

halleck · 56w

Agree with the sentiment, and: If you can take out fiat debt at less than the inflation rate, this is actually a positive move. (I know cars depreciate fast, and you probably shouldn't get the 40k option) I was the idiot that would save up and buy a car outright because I never wanted to feel lik...