FHFA: Crypto is an asset

[Non Sequitur]

Interesting.

https://www.reuters.com/sustainability/boards-policy-regulation/regulator-orders-fannie-freddie-consider-crypto-holdings-loan-assessments-2025-06-25/

 

[Non Sequitur]

 

[glenn walker]

Yep.

 

[Mark K]

In order to keep making/guaranteeing loans, F/F and FHFA will soon allow self-proclaimed alchemists to claim their lead ingots as assets for collateral because alchemists can turn lead into gold.

 

[glenn walker]

In order to keep making/guaranteeing loans, F/F and FHFA will soon allow self-proclaimed alchemists to claim their lead ingots as assets for collateral because alchemists can turn lead into gold.

Yeah but remember our currency is backed by no real assets and only the promise the Fed's will back it. The same is true of Crypto except one actually pays for it. Therefore it's really more valuable than the U.S. dollar. Outside of Gold or A physical asset it's all a fantasy.

 

[Mark K]

Yeah but remember our currency is backed by no real assets and only the promise the Fed's will back it. The same is true of Crypto except one actually pays for it. Therefore it's really more valuable than the U.S. dollar. Outside of Gold or A physical asset it's all a fantasy.

If you sold your house would you rather have US cash or crypto from one of the 17,000 crypto/witchcraft purveyors.

"There are 17,134 cryptocurrencies in existence as of April 2025. However, not all are actively traded or hold significant value. Around 10,385 cryptocurrencies are considered active, according to Exploding Topics. CoinGecko tracks 17,006 cryptocurrencies."

 

[glenn walker]

If you sold your house would you rather have US cash or crypto from one of the 17,000 crypto/witchcraft purveyors.

"There are 17,134 cryptocurrencies in existence as of April 2025. However, not all are actively traded or hold significant value. Around 10,385 cryptocurrencies are considered active, according to Exploding Topics. CoinGecko tracks 17,006 cryptocurrenciesJust

Just Bit Coin. BUT WE ARE coming out with a U.S. Sovereign Cryptocurrency that will replace our paper money. Everyone in the United States will be having to use it.

 

[Bobby Bucks]

Here are just a few notables who hate Bitcoin: Elizabeh Warren, Jerome Powell, Bernie Sanders, Lindsay Graham, Joe Biden, Janet Yellen and the Fern. Form your own conclusions as to why.
I’ve more than tripled my bag with Bitcoin. The US dollar loses a minimum of 4% a year in value.

 

[J Grant]

Here are just a few notables who hate Bitcoin: Elizabeh Warren, Jerome Powell, Bernie Sanders, Lindsay Graham, Joe Biden, Janet Yellen and the Fern. Form your own conclusions as to why.
I’ve more than tripled my bag with Bitcoin. The US dollar loses a minimum of 4% a year in value.

The problem with crypto is its wild swings in value and or the ability to operate in the dark or backed by a criminal enterprise. One might dislike Biden, but Jerome Powell and Janet Yellen have strong bona fides. Whatever one thinks of their policies, they keep their nation's sovereign credit rating. Trump this term already owns the first downgrade of US credit. A flight from the dollar internationally would be disastrous.

Perfect, now the housing market is joining the high-stakes poker game run by the Gambler in Chief.

 

[TerryRohrer]

The problem with crypto is its wild swings in value and or the ability to operate in the dark or backed by a criminal enterprise. One might dislike Biden, but Jerome Powell and Janet Yellen have strong bona fides. Whatever one thinks of their policies, they keep their nation's sovereign credit rating. Trump this term already owns the first downgrade of US credit. A flight from the dollar internationally would be disastrous.

Perfect, now the housing market is joining the high-stakes poker game run by the Gambler in Chief.

Miss Disinformation…”Standard & Poor's downgraded the U.S. in 2011, and Fitch followed in 2023, both citing concerns about the U.S. debt and fiscal policy.”