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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?
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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.