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Topic: bitcoin balance vs fiat debt? - page 2. (Read 333 times)

copper member
Activity: 238
Merit: 18
January 19, 2019, 10:47:08 AM
#1
so lets just set this scenario, not that its me but just so I can understand peoples view on long term bitcoin, this scenario might be true with many people, as I keep hearing of people selling their house for bitcoin, then price plummets even further, So let say someone is in real world debt for 100k say mortgage and credit card, but also holds just over that in bitcoin, who here would just sell out and become "debt free" if there were such a thing lol, or those that would keep the bitcoin as it can become of much more value in the near future compared to the debt build up of interest and such? baring in mind that clearing the debt means a steady buy back of bitcoin over the following months?

your thought please, this would help me greatly.
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