pull down to refresh
0 sats \ 9 replies \ @Scroogey 13 Nov \ parent \ on: Rant: If you think 50 year mortgages is debt slavery, you don't understand money econ
deleted by author
Is renting with full rights for 100 years. I do not want to buy it but also I am not an invader.
Is all based on natural law, mutual respect.
A bitcoiner (a creditor) do not have to own any land. Just bitcoin.
Is a matter of mentality...
reply
reply
Property and ownership must be respected ! Without ownership, we have nothing.
In these times, if you want to own a land/house, go ahead, spend your sats and energy for it if you want. But I prefer to pay a monthly / yearly rent then buy a house.
By owning only bitcoin I have more freedom than others, I can do whatever I want and go wherever I want, anytime.
But I will never go into debt just for the sake of owning that piece of land. If I do not have enough money to buy instantly, at once, I prefer to stay on rent and earn little by little, spending less than I earn until I have enough.
Bitcoin is savings mentality.
Fiat is debt mentality.
reply
reply
Wrong. You are not paid in houses for your work. You are paid with fake money, then you go and contract that mortgage (debt) with a promise to pay (IOU) that in fact is already paid. Look again to the image I posted above from ECB website. It says clearly how those mortgages are paid in the moment you sign. YOU are the one creating fake money and then they fool you to pay it back...
Don't be fooled.
reply
reply
How many times I have to repeat: YOU are the one creating fake money. Stop doing that or we will never get out of this shit.
Buy land with sats if you really want to do something good.
This is not a game of devaluing, is a game of being free or slave.
Fiat is the root of all evil that exist on this planet.
reply