The interest rates seem so high here. The way that Peoples Reserve talked about it, you’d get half the interest rate of someone that didn’t have the Bitcoin as collateral. Aka you buy your home and have a 6% rate vs, buying your home and adding BTC as collateral, now you have a 3% rate. Seems appealing, just need to see the fine print.
I'm uncertain of the risks as I haven't looked into it too deep. But there are at least two (probably more) companies that offer these kind of loans already.
LEDN (Canadian company)
and
nostr:npub19yfzme2usrukjgwxs3eekfnj5xhnarygpqjr2m48agsvvgz32ggqhymc68 (European based I believe)
Discussion
That would be pretty nice. I bet as bitcoin products like this develop and it gets accepted by bigger players the rates will continue to come down.