aoeu on Nostr: It is guaranteed lost if I go with the traditional bank and need to sell it. In fact, ...

It is guaranteed lost if I go with the traditional bank and need to sell it. In fact, the back laughed at me when I showed them a screenshot of some of my bitcoin when they needed to verify funds. I said that this was it. And they said that they can’t count it until it is in a bank account as dollars.

Going with a bitcoin backed mortgage would at least keep the bitcoin as bitcoin.

The idea being that as bitcoin goes up substantially in value you could decide at that point to sell off a smaller portion to pay off the mortgage or keep paying the interest rates that should continue to go down as the collateral value increases over time. Kind of like an adjustable rate mortgage but where interest rates drop as the collateral value increases.

At least that’s my understanding.

I’m only willing to play the fiat game because that is the game we’ve been handed. I might as well use their corrupt system to my advantage since it is their system that caused the cost of home construction to go up so much in the first place.