A $300,000 home loan now requires nearly 8 bitcoins as collateral, with a staggering annual interest rate of 16.21%. This highlights the high costs associated with bitcoin loans, as preparations ramp up for the upcoming Africa Bitcoin Conference. #Bitcoin #studybitcoin

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That seems a little discouraging. I have been intrigued by those loans just because I never wanna sell and give 40% to the government. Those loan terms almost seem worse.