You can buy a house with your Bitcoin now without selling it, but there is a catch, and the catch is the whole story.
Coinbase just funded the first Fannie Mae-insured mortgage backed by Bitcoin. You pledge your stack as collateral, keep it on paper, and get the down payment. It goes nationwide this summer.
Now read what actually happens to the coins. To pledge Bitcoin as collateral, you hand the keys to a custodian. Your stack sits on Coinbase's books, under Coinbase's control, against a margin call you did not write the terms of. Bitcoin is down 13% this week. A collateralized lender does not wait for your conviction to recover. They sell the asset you were trying not to sell.
"Don't sell your Bitcoin" quietly becomes "let someone else hold it and decide when you sell."
The headline is adoption, and the adoption is real. Wall Street is pricing Bitcoin as pristine collateral because that is exactly what it is.
Just price the trade honestly. Bitcoin you control is sovereignty. Bitcoin you pledge is someone else's leverage with your name on the loan.
Keep the keys. Borrow against a dollar if you have to.
BREAKING: The first Federal National Mortgage Association-backed mortgage using Bitcoin in the US just closed using Coinbase 🇺🇸
The homebuyer said: “We closed on our home and my Bitcoin stayed intact. We didn’t have to liquidate, didn’t have to time the market” 🙌
🚨 Florida is pushing hard to slash (and eventually eliminate) property taxes on homesteads — DeSantis’ plan just advanced, heading to voters in Nov. Big savings for homeowners.
Will this flood money into more real estate bidding wars? Or will Floridians stack those savings into #Bitcoin and sats?
Tax relief → more BTC demand? What do you think — RE or sats?
Poll:
Our seniors are struggling in America, there is an affordability crisis in America
This is Miss Ruby and she’s still forced to work as this age and physical state
But she’s not the only one, there is a horrifying growing trend for seniors in America
- A record 12.5 million senior households, more than 1 in 3 seniors, are “house poor,” spending over 30% of their income on housing
- 45% of Senior Households Can’t Cover Basics
- 80% Are Financially Vulnerable
- Nearly 12 million Americans aged 65+ are still working, the highest rate in decades
- Nearly 14 million seniors face food insecurity
- 58% of older renters are cost-burdened, spending over 30% of income on rent
Here’s the worst part. Low-income seniors die an average of 9 years earlier than high-income seniors
This can’t continue in America. We are going in the wrong direction
You, your three-year-old, and the school principal sit down for a meeting.
He states:
“Allow me to educate your child for the next 15 years. When I’m done, they won’t have any actual skills, they won’t have any real world experience, but they will have the option to start their adult life in $100,000 of debt to pursue further education.”
Would you take that deal? Well every time a parent enrolls their child in public school that is the deal they are making.