Hey CJK. I love your work. I am considering diversifying some of my btc into securing a home. I am thinking to use my btc as collateral to do this. Any thoughts on this?
Yes you can just do interest only payments & then roll over the loan into a new loan to continue paying interest only rather than the principal. This is similar to what a lot of ppl do with their real estate I’m assuming, hence why people can be in a home for ages but still owe a large principal balance.
@@MS45636 if you can't afford payments you can use the btc to paydown BUT if you default on the mortgage you can lose your BTC but you gain your home! If the btc value doesn't cover the debt then you can also lose the home ⚠️
Cantor Fitzgerald is today issuing loans to HNWI BTC hodlers. This will trickle down to retail b4 next halving. BTC is pristine collateral. Today’s lenders: Hodlhodl, Ledn, and Unchained charge ridiculous interest rates up to 18% lol. More competition like Cantor will drive down BTC interest rates
Appreciate the detailed breakdown! Could you help me with something unrelated: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). What's the best way to send them to Binance?
Love your energy, did you get on the economic council with RFK?
@@DavidLawrenceDaley not announced yet! VOTE HERE:
discourse.nomineesforthepeople.com/t/cj-konstantinos/20733
Once Again, Your Content is Crushing it Bro !!! Most Under Rated Channel in You Tube Land 😊
@@Shinehead3 Thank you for the kind words 🙏 🍻
Hey CJK. I love your work. I am considering diversifying some of my btc into securing a home. I am thinking to use my btc as collateral to do this. Any thoughts on this?
@@Novaknet PeoplesReserve.com
Platform reveal 1q25
Live 2q25
See you soon! 🤝
@ looking forward to this going live & seeing what solutions you all have to offer. Thanks mate.
If you borrow against your bitcoin you still have loan repayments right, if you cant afford them then what ?
Yes you can just do interest only payments & then roll over the loan into a new loan to continue paying interest only rather than the principal. This is similar to what a lot of ppl do with their real estate I’m assuming, hence why people can be in a home for ages but still owe a large principal balance.
@@Novaknet ok cool, dont understand fully but would love to see the math of a typical example
Bitcoin rise faster than loan, bitcoin 45%AAR and loan 5-10%
@@NOWA_ZIEMIA right so, is it guaranteed bitcoin goes up at that rate over time? i mean im bullish af but ?
@@MS45636 if you can't afford payments you can use the btc to paydown BUT if you default on the mortgage you can lose your BTC but you gain your home! If the btc value doesn't cover the debt then you can also lose the home ⚠️
Cantor Fitzgerald is today issuing loans to HNWI BTC hodlers. This will trickle down to retail b4 next halving. BTC is pristine collateral. Today’s lenders: Hodlhodl, Ledn, and Unchained charge ridiculous interest rates up to 18% lol. More competition like Cantor will drive down BTC interest rates
@@BTCforce spot on...don't forget Peoples Reserve!
Oh my gosh, do you have like a PhD in economics? I have a masters with the emphasis and finance and accounting and I am nowhere near your level.
@@Siegwre thank you for the kind words 🍊✌️🧡 I had to learn the hard truths in the wild wild west of decentralized finance 🤠
Appreciate the detailed breakdown! Could you help me with something unrelated: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). What's the best way to send them to Binance?