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Coinbase just turned your Bitcoin into a down payment

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Coinbase just turned your Bitcoin into a down payment

Coinbase just opened a mortgage where your Bitcoin collateralizes the down payment, so you never sell it and never trigger a taxable event. Pledge $250,000 in Bitcoin against a $100,000 down payment, and there are no margin calls even if the price collapses. Scott Melker walks through how the two loans combine into one payment, and why the no ...

1.6K views2 days ago

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