Post ADyRC3uINods0lLo80 by I_btc_therefore_I_am@bitcoinhackers.org
(DIR) More posts by I_btc_therefore_I_am@bitcoinhackers.org
(DIR) Post #ADyPF3NGcWfJJsCV6m by NormieNorm@bitcoinhackers.org
2021-12-01T22:05:35Z
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Quick story about life, lemons & lemonade.Been dealing with fridge issues for almost a year. Fridge keeps breaking so I call our home warranty service to get it fixed. Long story short after 9 months of issues, several service calls, parts delayed, I finally got approved for a replacement because they couldn’t fix mine. Unfortunately they did not offer the right size so I had to accept the reimbursement (~$2k) to purchase a replacement fridge. However a comparable fridge is $3k+.continued..
(DIR) Post #ADyPINPsYp9kLd0UmO by NormieNorm@bitcoinhackers.org
2021-12-01T22:06:11Z
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Shopping for the fridge online and saw that lots of places offer cheap financing. Normally I loathe financing but as I come to understand the current financial environment more I’ve decided to take advantage of cheap credit and participate in the speculative attack on the USD (ala Microstrategy at personal level).continued..
(DIR) Post #ADyPM6D6TTC28to3RA by NormieNorm@bitcoinhackers.org
2021-12-01T22:06:52Z
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I’m going to take the $2k from the reimbursement to buy bitcoin. Then I’m going to finance the new fridge (~$3.4k after taxes). Lowe’s is offering 24 month financing at 0% (as long as you qualify). I’ll make monthly payments and revisit the bitcoin price about 12 months in. If the value of bitcoin I purchased is enough to cover the payments I’ve made to date as well as the balance on my fridge then I’ll sell to cover my costs and hopefully have some leftover sats. continued..
(DIR) Post #ADyPPttQDDg16CPfWa by NormieNorm@bitcoinhackers.org
2021-12-01T22:07:33Z
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If after 12 months it’s not enough then I’ll just keep making monthly payments. Based on where I think price is going and the rampant inflation I’m confident I’ll be ahead. Can’t wait to see how all this works out and enjoy a nice glass of lemonade.
(DIR) Post #ADyRC3uINods0lLo80 by I_btc_therefore_I_am@bitcoinhackers.org
2021-12-01T22:27:27Z
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@NormieNorm liar, liar, liar.You're not gonna sell your bitcoin!!
(DIR) Post #ADySYCLxlE1sX2PYPo by NormieNorm@bitcoinhackers.org
2021-12-01T22:42:40Z
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@I_btc_therefore_I_am I felt dirty typing that out as well. Not gonna lie, not selling is a possible(likely?) outcome as well.