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I am not saying to go to live in the mountains. You can live perfectly fine in a city or suburbs with less.
But if you want a fancy life, then you go into full debt.
When I started with bitcoin in 2012, my main focus was immediately to stop all the debt.
It is impossible to live on bitcoin standard and in the same time having debt.
This is true and this is my ultimate goal. I’m not taking out loans to go shopping to buy stuff I don’t need. All my debt comes from home repairs ($20k to fix roof), adding solar panels and other home upgrades.
As you know in fiat land everything is about quick profits this house I bought was slapped together with very cheap materials and poor workmanship. Over the last few years I been making repairs. Soon I gotta restore the deck that is falling apart.
So one must ask why sell 17M sats to pay off a fiat debt now? Have less sats just to say I live on bitcoin standard?
Need house I’m not going to live in. House in the mountain just to be cheap and not spend sats. Life is short I’m here to enjoy it not hoard sats.
Remember bitcoin is just software. It’s not going to marry me and give me children.