this post was submitted on 03 Jul 2025
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[–] sp3ctr4l@lemmy.dbzer0.com 3 points 1 day ago* (last edited 1 day ago)

Congratulations ~~consumer~~ citizen!

You get one America point!

... in the form of $0.000832 TRUMPCOIN!

(So apparently the new head of the FHFA just pushed through that cryptocurrency holdings sre now valid mortgage collateral for a home or apartment or condo purchase, without first having to be cashed out and capital gains taxed.)

(Which would mean the top 0.1% of crypto currency holders are going to own every building in America in 2 years)

(and also the housing market is going to be as volatile as crypto, and the USD will collapse into silly peasant money, crypto will be a highly corrupt and nepotistic owner class money)

https://www.forbes.com/sites/beccabratcher/2025/06/26/mortgage-rule-change-adds-crypto-what-homebuyers-should-know/