Quote:
Originally Posted by ruff
Imagine stumbling into this thread to find everyone making a case for Bitcoin. Unbelievable.
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I had an idea; why not make mortgage loans in bitcoin and payable in bitcoin value (not-indexed) at the time of the funding of the mortgage + some monthly premium like payable at 1/360 principal +.003 BTC/mo?
Want to fund any loans secured by real (property) assets?
I wonder what a court would say about a mortgage in kind -- because BTC is not legal tender