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BTC · 4w

Thoughts on Crypto-Backed Banking? Purchased House with Crypto. Banks are fast adopting!

Hi all, I’ve been looking to buy a house and currently have all my money in Crypto. Asked my mortgage rep if that would be an issue because I would have to show proof of funds and I no longer have a savings account. Their response, “That’s not an issue anymore. We can use your crypto to show your proof of funds through our crypto-backed banking service''!!! Wow! Times are changing. I remember banks used to laugh about crypto. Thought it was an awesome thing to share
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