Yeah, but why lock up that BTC on a home, and then be in a pickle where the only way you can use it is to pay off the house. I think it might be better to take the 30 year at 6% without backing it wi...
I agree with @FoxByte
Buy a home with a cuck buck deposit and pay down the loan over time using Bitcoin to turbocharge it.
Effectively shorting the dollar and maintaining Bitcoin freedom and optionality.
Every year, sell 2 months worth of mortgage repayments and make 14 repayments a year instead of 12 and keep your DCA happening at the same time.
On a 1 million dollar mortgage over 30 years at 6% interest you would shave 8 years off the mortgage duration and save $385,000 in interest.
A very conservative BTC plan that saves you buku dollars. 💸
You could do it for 10 years and then just pay off the loan in its entirety as well.
Lots of ways to slice it.
If I had a bigger stack I’d use BTC like @Contra and put down a 100% BTC deposit.
BUT the last 5 years of BTC CAGR has been dog shit. Definitely better to have stacked gold to help with a mortgage strategy. BTC better do something fucking good this year / next year or 15% CAGR might even be pissing in the wind.
Back to the fiat mines we go…
Buy a home with a cuck buck deposit and pay down the loan over time using Bitcoin to turbocharge it.
Effectively shorting the dollar and maintaining Bitcoin freedom and optionality.
Every year, sell 2 months worth of mortgage repayments and make 14 repayments a year instead of 12 and keep your DCA happening at the same time.
On a 1 million dollar mortgage over 30 years at 6% interest you would shave 8 years off the mortgage duration and save $385,000 in interest.
A very conservative BTC plan that saves you buku dollars. 💸
You could do it for 10 years and then just pay off the loan in its entirety as well.
Lots of ways to slice it.
If I had a bigger stack I’d use BTC like @Contra and put down a 100% BTC deposit.
BUT the last 5 years of BTC CAGR has been dog shit. Definitely better to have stacked gold to help with a mortgage strategy. BTC better do something fucking good this year / next year or 15% CAGR might even be pissing in the wind.
Back to the fiat mines we go…
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