[LINK] People are taking out mortgages to buy bitcoin, says securities regulator

Kim Holburn kim.holburn at gmail.com
Thu Dec 21 21:09:27 AEDT 2017


https://www.cnbc.com/2017/12/11/people-are-taking-out-mortgages-to-buy-bitcoin-says-joseph-borg.html

> • Bitcoin is in the "mania" phase, with some people even borrowing money to get in on the action, regulator Joseph Borg said.
> • "We've seen mortgages being taken out to buy bitcoin. … People do credit cards, equity lines," he said.

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Kim Holburn
IT Network & Security Consultant
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