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After all this talk of Coinbase loans, it got me thinking....
In this envisioned future, Bitcoin has become the new paradigm for wealth storage and appreciation, much like real estate was over the past few decades. People now apply for "Bitcoin mortgages," where instead of buying a home, they invest in Bitcoin, betting on its long-term value growth. Financial institutions offer loans specifically tailored for Bitcoin investment, with repayment terms spanning decades, mirroring traditional mortgage structures.
The rationale behind this shift is the belief that Bitcoin, with its capped supply at 21 million coins, will continue to appreciate in value due to increasing demand, technological security, and its acceptance as a legitimate store of value. Just as real estate appreciated through urban development and population growth, Bitcoin's value is expected to rise with global financial instability, inflation fears, and a broader acceptance of digital assets.
Homeownership rates might decline, with people choosing to invest in Bitcoin instead, viewing it as a more liquid and potentially higher-yield asset. This shift fundamentally changes asset allocation strategies, with Bitcoin becoming a central component of personal wealth. Cities might evolve, with less emphasis on housing as an investment and more on community and living spaces, while Bitcoin becomes the cornerstone of retirement and wealth planning.
What do you think? Possible?
195 sats \ 1 reply \ @freetx 5h
There are already many innovative mortgage approaches being taken.
Quick steps:
  1. You apply for a mortgage.
  2. The lender issues you money to buy property plus additional money to buy bitcoin
  3. The bitcoin is jointly held by you and lender...and must remain untouched for 4 years minimum
  4. At the end of 4 year period, you have option of "cashing in" the bitcoin and using proceeds to paydown mortgage.
So in theory, it could work like this:
  • you could find a house selling for $500K and the lender provides you the $500K in cash and provides an additional $100K to buy 1BTC
  • the 1BTC is jointly held by both parties for 4 years
  • In the meantime you pay mortgage note as you normally would
  • At 4 year point, BTC is now trading at $450K and you elect to cash-in the bitcoin and the house is yours free and clear
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Yes I remember this now
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161 sats \ 0 replies \ @Satosora 5h
Everything is possible. There are a lot of theories of what could happen in the future. Have to live in the now, though.
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89 sats \ 0 replies \ @kepford 5h
Gonna be a while. When at best 1% of the world hold bitcoin and of that percentage only a marginal amount get it... we have a ways to go.
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