Ex-CIA economics expert gave me bitcoin advice today…

He said: “the thing is, with Bitcoin, you can’t view it as an investment such as a stock, like the common person. Instead, You have to view it as owning land.

Instead of cashing it out, place loans against it. This way, you don’t lose your coin, and can instead weigh how to minimize land loss through manageable smaller debts. This ensures the volatility can still chance its way into your hands”.

Thought that was really interesting

submitted by /u/Congregator
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