pull down to refresh
99 sats \ 1 reply \ @nout 2h \ on: Getting out of debt bitcoin_beginners
My recently gained perspective is that when you don't have money, then debt is a trap and you want to get out of debt as soon as possible.
On the other hand, if you actually have enough money and you are "rich", then in the current money system, debt is actually a very good strategy to use. This is of course messed up, but also it's a reality. Bitcoin makes this situation better.
When you talk to people that are very rich, the money works differently for them. Money can essentially be created from nowhere for them. You want 50M USD? Sure, let's round it to 100M because that's a nicer number. The amount truly doesn't matter - what matters is what cashflows it creates.