Just your friendly reminder that the US government spent $4 trillion of taxpayer dollars bailing out the banks and gave them trillions more with PPP but the $2 trillion dollar crypto industry which has never received a dollar of government funding is the one being scrutinized.
JPMorgan agrees to pay $15.7 mln to settle spoofing lawsuit
BANKS WILL PUNISH YOU GETTING A MORTGAGE IF YOU ARE BUYING CRYPTO
@ercwl
After weeks of discussion I was just turned down to get my first mortgage because of my crypto transaction history {….@Swedbank}
I said “ok look I won’t do any crypto transactions at your bank then” they said ”we are sorry but we can’t serve you with the knowledge of what you are doing at other banks”
I’m usually a pretty privileged semi-white CIS male and this offends me
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Having the same issue in the U.S of A. I was finally able to get an approval but I wasn’t allowed to use any of the crypto funds towards the house. I’m unlucky enough to still have employment income but they essentially cut my my buying power in half.
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Similar story, crypto holdings almost sunk my mortgage application. Managed to take advantage of a loop hole and get the mortgage anyway. Way more difficult than it should have been.
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Sorry to hear you need a mortgage Eric. Have you considered buying #HEX instead? I’m sure it could alleviate the need for a mortgage in a very short time.
Why do you need a mortgage? http://HEX.com user unaffected.
Interest-free Borrowing
Users can borrow the stablecoin LUSD interest-free against their ETH used as collateral. They can thus obtain an ETH-backed loan without any recurring costs.
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Anybody building a bitcoin backed mortgage product?
https://twitter.com/CoinHomes
We provide a complete service for the purchase, sale and financing of real estate using #bitcoin
https://coinhomes.io is working on this where pledged asset is crypto.
it should be stupid easy to lower your mortgage rate by posting additional collateral (like equities). it's not.
u can do it, but its a pain and the market is not transparent.
love that https://t.co/wC8a6OHJ3f is working on this where pledged asset is crypto. pic.twitter.com/tPdn8YkdZ2
— Rex Salisbury (@rexsalisbury) September 1, 2021
The estate that has it all! One of #Houston ‘s most esteemed estates is going for 784.97 BTC #Bitcoin #Bitcoin2021 #cryptocurrency
https://coinhomes.io/property-details?id=7755145996
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Red Alert: Congress Wants to Destroy Your Self-Directed IRA
Under 6050I of the tax code, there is new surveillance: required reporting on returns > $10,000 from digital assets starting in 2024. If not, there is a 5 year felony.
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The price of #Bitcoin was $1,022 when China first banned it in 2013. In conclusion, everything is good for #Bitcoin.
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