Home sweet hodl: How a Bitcoiner used BTC to buy his mom a house By Cointelegraph
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There’s a special bond between mothers and their sons. For pseudonymous Alan, a 28-year-old engineer, a (BTC) loan helped his mom to buy a house.
Alan told Cointelegraph that he took out a Bitcoin-backed loan in 2021 — serendipitously on his sister’s birthday — to gift his mom the tax-free money. She then used the funds to buy a house in North Yorkshire, England, while Alan kept his Bitcoin.
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There’s a special bond between mothers and their sons. For pseudonymous Alan, a 28-year-old engineer, a (BTC) loan helped his mom to buy a house.
Alan told Cointelegraph that he took out a Bitcoin-backed loan in 2021 — serendipitously on his sister’s birthday — to gift his mom the tax-free money. She then used the funds to buy a house in North Yorkshire, England, while Alan kept his Bitcoin.
Continue Reading on Coin Telegraph