BWAHAHAHAAA
people are gonna get so rekt. The key piece of information here is that the #bitcoin is added to the collateral for the loan. That's probably fine right now, but what happens when people ape in next summer? They lose their home or their bitcoin.
Banks always find a way to steal from us. Burn them, bring out the guillotines, use lead, do whatever it takes to exterminate the banks. Peacefully, ofc, but with fire.
Don't be a fiat brain - this isn't about pumping your bags. People will get hurt.