And yet now every single bank is putting literally billions of dollars into the effort. You see what Citibank is doing, you see what Schwab is doing, you see what J.P. morgan is now doing. I mean, J.P. Morgan two weeks ago announced that you could effectively take out home mortgages against your bitcoin holdings. using them as collateral. And I could go down the list. Blackrock and everybody else. I mean, the financial products that are being offered on the rails of cryptocurrency and through this ecosystem is incredible. (03:15–03:24)
CLAIM
Asserts that J.P. Morgan announced home mortgages can be taken out against bitcoin holdings.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.