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April 04, 2019, 05:59:47 PM

Billionaire Brock Pierce takes out first-ever Bitcoin-backed mortgage to buy a $1.2m home in Amsterdam.

https://bitcoinist.com/billionaire-brock-pierce-takes-out-first-ever-bitcoin-backed-mortgage/


The guy's a billionaire and he's taking a mortgage?



 Shhhh!  He's causing more fiat to be printed thereby increasing our Bitcoin value.  Don't tell him about the compound interest!


It is cheaper to take a mortage than paying the full price directly, even for a billionaire Undecided


 Sure but Brock Pierce was going to give away a billion dollars last year.  What does he care about cheaper?

I think he simply doesn't want to sell his bitcoins.