$625k home 20% down-payment $500k mortgage With a 6% interest rate and a 30-year term, you are paying $579,190.95 in interest. The $625,000 house cost you $1,204,190.95. This is equal to a $3,345 monthly rental payment, plus you pay for maintenance and repairs. Houses cost so much because people can borrow money that's created with the press of a button to buy them. If everyone had to pay in cash for their home, prices would drop significantly. Most people think mortgages are designed to help them. But NO. Mortgages are designed to earn profits for banks. h/t Rajat Soni, CFA @rajatsonifnance on X View quoted note โ†’
Defund War, Learn #Bitcoin
Our World in Data
Our World in Data
Research and data to make progress against the worldโ€™s largest problems
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I donโ€™t own a #bitaxe but Iโ€™m having unnatural #bitaxe miner needsโ€ฆ
โ€œI came to get rich, I stayed to get even.โ€ @Tatum Turn Up AKA - Tatum Turn Up #BetweenTwoASICs
Fountain
BTC Sessions โ€ข WHY ARE WE BULLISH? Adam O'Brien, Jeff Walton, Tatum Cave ep406 โ€ข Listen on Fountain
FOLLOW TODAYโ€™S PANELISTS: https://twitter.com/adamobrien_ https://twitter.com/PunterJeff https://twitter.com/tatumturnup BOOK ME for private one...
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BTW - @OCEAN has the BEST signup system ever! No email, no โ€˜usernameโ€™, no verification process. Just paste a valid bitcoin address as your username. Signup DONE! #freedomtech
OCEAN - Get Started
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To be fair @Bob Burnett and his many interviews on mining is largely responsible for getting me to the level of understanding necessary and why @OCEAN View quoted note โ†’
1.5 hours into What Bitcoin Did โ€œThe Battle for Bitcoin with Bitcoin Mechanicโ€ and Iโ€™ve already switched to @OCEAN #ocean #mining
OCEAN - Home
The uniparty hates everyone that exposes themโ€ฆ โ€œThe investigation on Julian Assange and WikiLeaks was opened by the Obama Administration, but it was Trump who charged him and we now have president Biden. Amnesty International is asking for the charges against Assange to be dropped. Do you believe it is likely that the Biden Administration will drop them?โ€ View quoted note โ†’
Can anyone tell me why we often have transactions paying fees that are much higher than the norm? In the txn I see it has a mix of Legacy and P2SH addresses - is that why? Or is just inefficient txn construction? @mempool @mononautical
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