I meant Owning vs Renting in my title.
Let me put it simply for you: if you own a house, your mortgage is a BASELINE (that taxes, roofing, lawn care etc,) build upon.
Renting is a FIXED, monthly maximum agreed upon. It's fixed like at a hotel. simple.
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Sure, itβs kind of like buying insurance in that way. He is paying more every month in order to pay someone else to take on that risk.
When you say "he's paying more every month", it seems like you're still sure that owning is paying less.
Nope.
Owning is not real if someone else can take it from you at anytime for whatever reason, which leads us back to Bitcoin.