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Bitcoin backed mortgage
I think this will be the best use case for everyday use of Bitcoin. Bank takes my bitcoin, by then it's recognized as an asset so they can lend against it. We borrow to pay for a house. I pay the mortgage off with fiat and take back bitcoin OR let the bank liquidate a portion monthly. submitted by /u/fanzakh [link] [comments]
I think this will be the best use case for everyday use of Bitcoin. Bank takes my bitcoin, by then it's recognized as an asset so they can lend against it. We borrow to pay for a house. I pay the mortgage off with fiat and take back bitcoin OR let the bank liquidate a portion monthly.
[link] [comments]
