Dylan
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2mo ago
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Dylan
•
Oct 2, 2024
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Dylan
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Sep 24, 2024
Let’s say you earn in bitcoin, and want to take a loan in bitcoin to purchase a property.
If the purchasing power of bitcoin is always increasing, your salary and value of the property would always be decreasing in bitcoin terms. Imagine a 30 year mortgage, this means you would eventually default on the loan as your salary in bitcoin terms would continually reduce failing to keep up with the minimum repayments. After the bank inevitably liquidates the property, there is still a significant outstanding balance on the mortgage in bitcoin terms. Which I suppose banks would be less likely to issue large loans? Maybe lending is just too risky in a depreciating currency?
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Dylan
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Sep 11, 2024
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Dylan
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Jul 6, 2024
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Dylan
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Nov 5, 2023
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Dylan
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Nov 3, 2023
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Dylan
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Nov 3, 2023
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Dylan
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Nov 2, 2023
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Dylan
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Nov 2, 2023
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Dylan
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Nov 2, 2023

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Dylan
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Nov 2, 2023
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Dylan
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Nov 1, 2023
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Dylan
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Nov 1, 2023
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Dylan
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Nov 1, 2023
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Dylan
•
Oct 31, 2023
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Dylan
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Oct 31, 2023
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Dylan
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Oct 30, 2023
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Dylan
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Oct 30, 2023
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Dylan
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Oct 29, 2023
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Dylan
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Oct 29, 2023
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Dylan
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Oct 28, 2023
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Dylan
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Oct 28, 2023
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Dylan
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Oct 28, 2023
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Dylan
•
Feb 1, 2023
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Dylan
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Feb 1, 2023
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Dylan
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Feb 1, 2023
Invoice
1000 Sats
Expires on Apr 15, 2025
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Dylan
•
Feb 1, 2023
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