drgo on Nostr: Here’s a crazy thought: utxo mortgages. Imagine you want to buy 1 bitcoin. Problem ...
Here’s a crazy thought: utxo mortgages.
Imagine you want to buy 1 bitcoin. Problem is it costs $1M+ and tx fees are $25,000. Many decide to enter contractual agreement to deliver private key after 30 years of amortized payments and it’s up to the new owner to use that private key to send themselves bitcoin, if they want to deny access to prior owner.
Imagine you want to buy 1 bitcoin. Problem is it costs $1M+ and tx fees are $25,000. Many decide to enter contractual agreement to deliver private key after 30 years of amortized payments and it’s up to the new owner to use that private key to send themselves bitcoin, if they want to deny access to prior owner.