Bitcoin as Pristine Mortgage Collateral (Patreon)

In a 2022 Patreon post, I mentioned that for every $1 million borrowed at a 10-year, interest-only rate of 2.75%, setting aside one bitcoin could cover the full mortgage payment when it matures in 10 years.

At that time I was urging everyone to refinance and lock in rates for ten years interest only at 2.75%. I have 3 of those mortgages all still in play.

But now it is happening

U.S. Federal Housing Director Instructs Fannie Mae and Freddie Mac to Recognize Cryptocurrency as an Asset for Mortgage Eligibility - what an amzing time to be alive.... a key reason to sell BTCin the past was to buy a castle... that is no longer the case... less sell pressure for lifestyle chips, more hardness - more PRICE GO UP

h/t Sanjay for this