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Bitcoin-Backed Lending Opens Real Estate Market to Crypto Wealthy
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Bitcoin-Backed Lending Opens Real Estate Market to Crypto Wealthy
Bitcoin holders are leveraging crypto-backed loans to purchase real estate without selling their digital assets while avoiding capital gains taxes. According to Cointelegraph, this emerging trend gains momentum among early crypto adopters and high-net-worth individuals who are Bitcoin wealthy but often fail to meet traditional real estate financing criteria.Mauricio Di Bartolomeo, co-founder of Ledn, explained that borrowing using Bitcoin as col…
Crypto investors are increasingly using BTC as collateral for loans to buy real estate. Thus, they benefit from the increases in the value of both asset classes. Source: BTC-ECHO BTC-ECHO
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