HODLers rejoice! Crypto-backed loans are now a legitimate thing and companies such as Jamestown, Propy and Milo are accepting crypto such as Bitcoin as collateral for house mortgages, and in some cases, even rent. As the world wakes up to Bitcoin as a store of value like gold, there’s really no reason to sell your crypto as you can simply borrow against your Bitcoin for large purchases such as a home.
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Crypto home loans are here: Bitcoin-backed mortgages, Crypto loans | Crypto News Today with Kris Merkel
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