The MOST Bullish Bitcoin News Yet... (Don't Be Fooled)

**SPEAKER_1** (0:00)
I notice more and more, you're paying Bitcoin. I mean, people are saying it takes a lot of pressure off the dollar, and it's a great thing for our country.

**Drew** (0:08)
This is Drew with Discover Crypto coming at you with the biggest I told you so in crypto history. When the US president first began boasting about Bitcoin and crypto, we all knew the gateway to tens of trillions of dollars in adoption was knocking at our door, but now I see it coming clearer than ever. Fannie Mae just closed the first Bitcoin-backed mortgage in America.

**SPEAKER_3** (0:29)
This is Fannie Mae prepares to accept crypto-backed mortgages. Diana Olick has the details on what crypto-backed mortgages are, Diana.

**Diana Olick** (0:37)
That's right, Dom. It's not the first crypto-backed mortgage, but it is the first to comply with Fannie Mae requirements for purchase.

**Drew** (0:43)
This has come through one of the largest financial institutions in the world. Fannie Mae is one of the biggest pieces of economy. Now, Better and Coinbase have issued their first crypto-backed conventional mortgage. This signals so much more than the average crypto-holder is giving it credit for. And in this video, I'm going to explain exactly what this means. A couple in Michigan just bought a house without selling a single Satoshi. There's no taxes, no liquidations involved at this event, no margin calls, and Bitcoin has now officially become collateral. Now, this is something I've been waiting to see happen in the adoption phase for Bitcoin my entire career. So let's break down what this actually means. We've been watching this chart for years. The volatility used to scare the institutions away from any sort of major investments. But the volatility in this graph is simply opportunity if you understand the math. So here's what just happened.
Better mortgage teamed up with Coinbase, the mainstay of American crypto exchanges, and offered a route for Bitcoin-backed mortgages. This Michigan couple pledged their Bitcoin for a down payment.
Fannie Mae backs the main 30-year fixed loan like any other normal mortgage would be.
And the crypto sits in custody, overcollateralized and funding that down payment via a second lien. This is no for selling. Bitcoin drops 50%?
Well, the mortgage doesn't budge. You keep the Bitcoin, you get the house, and Uncle Sam doesn't get his capital gains out. This is financial jujitsu against the system that's been taxing your gains for decades. Well, now, if we think about what this really means, they told you Bitcoin was a scam for years, a duel of mania and rat poison. The same institutions that printed trillions, bailed out banks, and inflated our rent into the stratosphere. Suddenly, they need Bitcoin to keep the housing market afloat. You ask yourself why? The real reason is that housing affordability is getting worse than it's ever been in America's history. Meanwhile, the price of homes continues to go upwards. Now, you have two times the amount of sellers than buyers in the United States. There is no real liquidity in the traditional financial system to keep this boat moving forward. This is because regular people cannot afford houses anymore. Wages are stagnant, and prices are still ridiculous. The old rules of financial debauchery are broken. So now, the machine is quietly admitting what we've all known for years. Bitcoin is pristine capital, harder money than any funny paper that's out there. This is a scenario of raw survival from fiat currency. Danny May underwrites half of all the mortgages in America. When they greenlight Bitcoin, the dam absolutely will break open. You can expect more banks, more products, and more integration, and here's the part that they don't want you celebrating. This lets everyday Americans opt out of the dollar death spiral without blowing up their life.
You get to keep your Bitcoin, build your wealth intergenerationally, and tell the IRS to pound sand on the gains they want to grab. Now Better Mortgage has an outlook of about $250 million in volume through this product in a short amount of time, but this is a crack in the dam of the financial system that is going to break wide open. This summer, this program is going to roll out nationwide. Stay sovereign, stack sats, and I will see you at the top.

**SPEAKER_5** (4:06)
We just wanted to take a quick second to shout out our sponsor, Arculus. They are a cold storage hardware wallet to secure all of your digital assets for the future. Just tap this thing to the back of your phone and boom, you're in. We wouldn't be able to do this without them, but also wouldn't be able to do this without you guys, the Disco Fam. You've supported us a lot over the years. If you want to support the channel now, just use the code DC20. It gets you 20% off this card. It's the number one way you can support this channel going forward. Thank you for your support. We'll see you at the top.