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30 sats \ 5 replies \ @DarthCoin 19 Dec \ parent \ on: Borrow against your Bitcoin bitcoin
1000% WELL SAID!
I see very few people here on SN thinking right !
Perhaps it is just lack of experience, don’t you think?
People are usually in the case of: “Caught me once, shame on you, caught me twice, shame on me!” I don’t hear about people being caught the third time, do you?
They whole trick here is to know that you’ve been caught, in the first place.
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I see quite some people around me, IRL, that are living like slaves, borrowing over and over just to pay more debt. And they never want to end the painful slow death they are living and always complain that they do not have enough money to live.
I am the one that always pays their beers in the bar (with sats).
My favorite reply to them is...
Some years ago (early years of Bitcoin) I told them that I go on paying all my debts and will accumulate as much sats as I can.
Now they are living paycheck to paycheck... I am living free of debt and just writing guides about Bitcoin.
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It is a good thing you had the foresight to get into bitcoin! I had heard about it but relegated it to the same pigeonhole as Iraqi dinar revaluation, Zimbabwe dollar revaluation and other financial scams.
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I've explained in more details here my whole "journey"... it was rough. But I got to it. And I am happy now.
#733426
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But then, one day, in early the 2012, went to a grocery store to buy some beers, with only 20 bucks in my pocket. Right at the entrance I bumped into an old friend, from communist era, we were buddies, doing all kind of crazy things, against the system. Imagine my surprise, that after so many years, I met him again, in a total another world, in total another circumstances.
That would have been an excellent time to start HODLing, too. Buying, spending and HODLing at the same time from then would, indeed, make you independent.
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