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Replying to Avatar Pastor Coin 🫡

Imagine taking out a 20 year mortgage on 1 bitcoin. $64k over 20 years.

Your monthly payment would be $436.

If bitcoin achieves a 50 percent annualized return in that time frame (it's all above that now) it would be worth about $89 million by the time your mortgage is paid off.

20 year forced hodl.

Would you do this?

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Jordan S 1y ago

No because it would be the bank's asset, not yours (until you paid it off).

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