Bitcoin billionaire Brock Pierce took out a crypto-backed mortgage to buy a $1.2 million home in Amsterdam. But why didn’t he just sell some bitcoin and buy it? Use Bitcoin as Collateral for a Mortgage Cryptocurrency companies that allow you to earn interest on your bitcoins or get dollar loans are springing up like weeds. But you naturally imagine their ideal target for loans as young crypto HODLers that need fiat for something pressing. NotRead MoreThe post Billionaire Brock Pierce Takes Out First-Ever Bitcoin-Backed Mortgage appeared first on Bitcoinist.com.
