Not Investment Advice 241: 50yr Mortgages, Square Bitcoin Payments, Treasury Co 1x mNAV, Nano Banana & Andreesen vs. Pope
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Nov 12, 2025 Delve into the intriguing world of 50-year mortgages and discover why interest rates could be more crucial than term lengths. Explore Square's integration of Bitcoin payments and the changing landscape of digital currency adoption. Uncover the latest on Uniswap's fee switch, aiming to enhance market dynamics. Plus, enter the bizarre realm of Nano Banana leaks and the implications of deepfake technology. Finally, witness a thought-provoking exchange on tech morality featuring Andreessen and Pope that raises important ethical questions.
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Interest Rates Matter More Than Loan Length
- People deeply misunderstand APR/APY and treat small percent differences as trivial when they compound massively over time.
- Jack says a 6% mortgage can mean paying roughly double the house price in interest over 30 years.
Loan Length Is Less Important Than Rate
- The outrage at 50-year mortgages is more cultural than mathematical; loan length is arbitrary compared to interest rate impact.
- Jack argues interest rate is the more aggressive lever, not borrowing length.
Everyday Acceptance Of Predatory Payments
- Jack shares consumer examples to show how people accept predatory finance: paying high monthly car payments for years.
- He contrasts that with mortgage complaints to highlight inconsistent views on long-term debt.