Comte de Sats Germain on Nostr: If we're talking about the same loans - I'm thinking of those home loans secured ...
If we're talking about the same loans - I'm thinking of those home loans secured partially with btc - I don't think that's btc from the buyer's savings, but rather bought by the bank with some of the USD loaned. Still, if its bought with money loaned to the buyer, then at least some of it belongs to the buyer at the end of the loan. Sounds great, tbh I'm interested. But if the bank understands that the btc will accrue value faster than the house, then it has an incentive to get the btc. So, its conceivable that they'll do the same shenanigans they did before 2008, loaning more than borrowers can afford, and taking advantage of them.
Published at
2025-02-03 02:33:44Event JSON
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