Bitcoin to Bucks: Crypto Fans Borrow to Buy Homes, Cars—and More Crypto

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Cryptocurrency fans are borrowing against their bitcoin and Ethereum to buy homes, cars—and more crypto. “It wasn’t a Lamborghini, just a normal Tesla.”

Michael Anderson mined bitcoin in his dorm room and left a corporate job to invest in cryptocurrency projects. When he bought his first home in San Francisco this year, he didn’t turn to a bank. Instead, he borrowed against his cryptocurrency.

Crypto enthusiasts such as Mr. Anderson are tapping their holdings to buy homes, cars and, often, more crypto. They are getting these loans from upstart nonbank lenders and automated, blockchain-based platforms.

 

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Borrow from who ? 🤷🏻‍♂️

1948 - Nakkba - Deir Yassin Massacre with Israeli Orphan eye & interview with some of the war criminals. Amazing Israeli movie. Israel Flag of Israel Supreme Court rejects request to release photos as it will be damaging to Israel image worldwide

What could go wrong?

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IRS...

Eventually there will be margin calls based on people's kidney health

Its true! Crypto products dont stop inovatting. BabyUSDToken generate passive income Just for hodl like Market stocks. impressive

sunchartist Just when ur all in and comfy it’ll fuck you, it always does, it’ll take the path that’ll make you hesitate, hope, stall, dissuade, all the traits that will fuck you more.

Famous last words...

It's really a parody on the mortgage crisis with sick idiots having no clue about credit risk.

It's what 'stock fans', 'real estate fans' and 'bond fans' have been doing for decades.

This is insane!

And what to say about this on Fauci?! Is there an investigation going on? I'm quite... Skeptical on anything spilling out from Fox News but, smelling a rat since day one, and with the entire world concerned, Can Anyone Enlighten Me?

This will end in tears

Smells like 2008 coming around the corner.

tales from the crypto still need the boring dollar to buy things

You don't wanna talk about the rich elites do ya? MSM HATES TO SEE NORMAL PEOPLE BEAT THE SYSTEM AND GET MONEY.

Crypto subprime

This will end well

Bring crypto and DeFi to the masses

I love how the feds and the IRS are having a massive meltdown over all this crypto currency. It’s absolutely the most amazing thing ever.

good

blackmanbaxx

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Crypto Fans Borrow to Buy Homes, Cars—and More CryptoCryptocurrency fans are borrowing against their bitcoin and Ethereum to buy homes, cars—and more crypto. “It wasn’t a Lamborghini, just a normal Tesla.” I’m the (handsome) 😉 young man in the photos haha if anyone has questions about Crypto loans, check my site: that is amazing thekriskay !!! huge congrats to thekriskay WealthSquad
Source: WSJ - 🏆 98. / 63 Read more »

Crypto Fans Borrow to Buy Homes, Cars—and More CryptoCryptocurrency fans are borrowing against their bitcoin and Ethereum to buy homes, cars—and more crypto. “It wasn’t a Lamborghini, just a normal Tesla.” I’m the (handsome) 😉 young man in the photos haha if anyone has questions about Crypto loans, check my site: that is amazing thekriskay !!! huge congrats to thekriskay WealthSquad
Source: WSJ - 🏆 98. / 63 Read more »