this is the part of the bitcoin backed mortgage trend nobody's talking about

better mortgage and coinbase's new bitcoin backed mortgage product lets lenders reuse your pledged btc as their own collateral

meaning your bitcoin isn't just sitting there as backup

it's being actively used elsewhere by the lender and you cannot get it back until the entire mortgage is paid off or refinanced

sounds innovative on the surface

reads very differently once you actually understand what reusing collateral means for your access to your own coins

read every line before you pledge btc for anything real estate related

$BTC