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In other words, people who are looking to buy a home with a mortgage will self declare their Bitcoin holdings to banks, which will then share it to governments. This is fantastic news!

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Discussion

Lightning_Sparks 6mo ago

KYC already makes this possible

OpnState 6mo ago

I don't know about you, but my Bitcoin is non-KYCd. Maybe I should try and get a mortgage and self declare what I own, right?

Lightning_Sparks 6mo ago

Not if you don’t want to. Look, I get your point but a non KYC mortgage would be very hard to do. History of funds is needed to buy a home in the legacy system. Real estate itself will need to be decentralized.