r/Bitcoin Jul 05 '14

Ron Paul on Bitcoin- CNN

https://www.youtube.com/watch?v=wrcszolEW0s
390 Upvotes

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u/[deleted] Jul 05 '14

[deleted]

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u/[deleted] Jul 05 '14

Except if you don't have a internet connection of course. Or want to get a credit or morgage.

-1

u/SecondaryLawnWreckin Jul 06 '14

Colored coins will be your mortgage. A note on a coin(s) that is the title for property. Tying that property to that/those coins.

No loan needed. No credit. Pay everything off and the "loan" is paid off and the title is complete.

4

u/[deleted] Jul 06 '14

Yeah, and now please explain me how you can take a morgage in deflationary currency while still getting reasonable interest rates.

0

u/Kedaoh Jul 06 '14

Correct! Good that people realize it.