The devil should be scared of me
Hell is where the Devil presides and where sinful people (see verse 1) go when they die. Conversely, hell can be a situation in life in which things can be unfortunate or uncomfortable. Since he mentions the devil, we can assume he is referring to hell the place. By saying he is living in a place for the dead, he is suggesting that he is a pretty bad man, and that the devil should be afraid of him.
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