Andrew Hohns, Founder of Battery Finance, explains how bitcoin as additional collateral will revolutionize traditional commercial real estate loans.
Bitcoin will be intertwined into the entire global financial system as a foundational asset.
https://cdn.satellite.earth/8bfdb462692e5295a730c4ddebb08de0b954a66c7918674767cf3bc82045aa3a.mp4
I was posting about this in 2020 on the Financial Times website... articles about CALPERS taking risky strategies to close the gap
The Legacy Finance guys couldn't comprehend... laughed me out of the chat
Cracks in the dam though.... the word is getting out
A lot of pre-coiner pension managers will wake up in next 5-10 years
We're gonna win
We’ve won
This is such an obvious (DUH!) solution that to actually have pension & insurance managers who have not figured this cheat code out yet is scary that they are running these huge companies and don't see the easy solution! But they will.
There are so many questions. Who holds the keys to Bitcoin? I assume it's either the lender or a multisig (preferably) with a time lock for 4 years.
Is there a liquidation in case of a 40% dump?
Who gets to keep the profit in case BTC overgrows the amount of the loan? Will bank get the loan + interest back and will give the profit to the borrower?
It's an interesting idea.
