rampion,
you abhor debt, but at the same time are dumbfounded why he would sell off his bitcoins so that he can get out of debt.
I sold hundreds of bitcoins back in march/april to eliminate myself of debt, and i regret NOTHING.
I see, its just that it takes a while to me to understand because i've NEVER been in debt in my life. NEVER.
Debt is not bad as long as it it good debt,
Examples of good debt -
homes that you have equity in (tax right offs)
student loans if you have to have them (dont go to extreme, study your major, job opputunities and wages after graduation) - Also dont pay these off first, pay all other things off, incase you die no others have to pay for (unlike a mortage)
12 months same as cash - Do this all the time with furniture, tvs and such pay it off in 10 months so its not on a credit card and your cash is not upfront
Bad debt
Large car loans, no need to drive a $30k new car when a $3k dollar nice one works
Credit Card, - Yes everyone needs a credit card to pay for things but find a good rate, and pay it off within 6 months
Might be, not mi cup of tea. I guess that when you are used to debt you just do not feel any stress by owing money recurrently and consistently, month after month. I prefer to abhor it as a matter of principle.