Is it too soon to talk about Crypto yet?

[MinnesotaEric]

Started from nothing, retired at 54. Money I had made in real estate by then, has continued to provide us a comfortable life now 25 years later.

Now we're banking 529 funds for grandchildren.

Maybe I could teach you about money.

I'm a real estate Broker. When I suggested that real estate is a trap, I meant that real estate keeps getting cheaper in bitcoin but more expensive in dollars. Now if you've been turning debt into cashflow through RE, good for you.

Bitcoin is held for generational wealth.

Meanwhile, we continue to cross the desert of nothing happening until we get stablecoin legislation—which if all goes well will be late summer or early fall this year.

 

[ConawayFarms]

I’m with you, Hay Dude. I think a lot of folks are just tired of the same old way of doing things when it comes to investing or saving for the future. Crypto seemed intimidating to me at first, but what pulled me in was seeing how people all over the world can take part without needing permission from a bank or big institution.

 

[MinnesotaEric]

The FHFA has been ordered to count crypto as assets for mortgages. This will be remembered as a defining moment for institutional adoption of Bitcoin in particular, but crypto in general as crypto recognized as both a reserve asset and collateral by the U.S. housing system.

Why?

Because allowing your Bitcoin and other Crypto assets to count toward a home loan without the need to sell those assets avoids capital gains and allows HODLers to continue to "stack" coins.

As one Dogecoin fan shared....

https://twitter.com/x/status/1938018028203213092

We're also going to see a blossoming of yield products within crypto when stablecoin legislation arrives.