(Reposting as a result of some mysterious bug induced my earlier query to simply vanish in a single day with out a hint.)
I’m personally absolutely satisfied that Bitcoin’s worth will go to not less than 500,000 USD per Bitcoin on the newest at first of 2023.
If I promote my cash at present to purchase a home, I’ll thus be an fool. However I additionally want a spot to stay, and my very own life is ticking away, not to mention my previous mom’s. I discover myself in a very sticky spot, the place I merely can’t promote them understanding (or being satisfied of) what awaits “quickly”.
My financial institution laughs in my face if I a lot as point out “Bitcoin”. They refuse to offer me a mortgage with Bitcoin as a safety. And even when they did, they most likely would demand that I ship them to them for custody, which is unthinkable to me.
I additionally can’t earn a proportion off my cash since they, once more, all require you to surrender the management of your cash. Which violates the entire level of Bitcoin. There isn’t any finish to the scammers and thieves and shady folks stealing cash, and it would occur if I despatched them away to some “BlockFi” or faux “defi” factor.
I’ve tried to ask home brokers in the event that they (or the vendor) will settle for 1 Bitcoin with the belief that it’ll 10x in a few years, however they do not even take me severely. They’re solely within the present fiat worth (or perceived worth).
I’ve nearly zero fiat earnings, so simply “shopping for tons of Bitcoin” is also meaningless recommendation for me. I already purchase as many satoshis as I can afford.
I can’t consider any method to purchase that home but not eliminate my Bitcoin. Is there one thing I’ve ignored?
My time is operating out, however so is my endurance for Bitcoin…