Block Earner Disrupts Aussie Mortgage Market With Bitcoin-Backed Home Loans

Move over, traditional banks—Block Earner just handed crypto hodlers the keys to homeownership. The Aussie fintech’s new Bitcoin-backed loans let you leverage your stack without selling a single satoshi.

No more choosing between lambos and a picket fence.

How it works: Put up BTC as collateral, get fiat for your down payment. Default? They take your coins (obviously). APR? Surprisingly less predatory than your average crypto credit card—but don’t expect a subprime miracle.

The catch: Volatility cuts both ways. Bitcoin tanks 30% overnight? That’s a margin call, mate. Still beats dealing with mortgage brokers who think ‘HODL’ is a typo.

Final thought: Finally, a way to turn your 2021 bull run gains into something tangible—assuming you didn’t blow it all on NFT apes. The banks won’t like this one bit.