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BitcoinMendocino
bitcoinmendocino@nostrplebs.com
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#Bitcoin is the alternative financial system for local communities at a time of inflation and spiraling national debt. #Mendocino California.
FIRST FANNIE MAE BITCOIN-BACKED MORTGAGE IS LIVE Better and Coinbase have issued the first Fannie Mae-backed Bitcoin mortgage, allowing a Michigan couple to use their Bitcoin as collateral for a conventional 30-year fixed-rate home loan without selling their BTC. The structure lets borrowers pledge Bitcoin as collateral while avoiding capital gains taxes and maintaining exposure to future price appreciation. Better CEO Vishal Garg called Bitcoin-backed mortgages a “generational next step,” arguing that Americans now hold far more wealth in stocks, bonds, and digital assets than in traditional bank accounts. Because the loan conforms to Fannie Mae underwriting standards, a government-sponsored enterprise is effectively recognizing Bitcoin as collateral within the traditional mortgage system. A broader rollout is expected later this summer. Better says demand is strong, with 76% of waitlist respondents already using Coinbase, 37% holding more than $500,000 in Bitcoin and projected loan volume reaching $250M. image
As citizens of a free society, we should all be paying attention to the walls quietly being built around our liberties: 📷 Flock camera networks expanding across our streets 👁️ Pervasive digital surveillance 🔗 Stablecoins backed by U.S. debt 🔍 Warrantless searches of our digital lives — a clear 4th Amendment issue 🚗 Mandatory kill switches built into new vehicles 💳 Unprecedented monitoring of our financial transactions Each item alone seems minor. Together, they form an open prison. image
The American Nightmare: • Unaccountable intelligence agencies • Economic uncertainty • Ultra-processed corporate food • Multi trillion-dollar national debt • Ever-expanding government • Mass surveillance cameras • Toxic partisan politics • Forever property taxes • Forever wars The American Dream: • The freedom to pursue happiness—without infringing on the freedom of others. image
Another inspiring Bitcoin story Buena Vista, Colorado is becoming a new Bitcoin hub * already 19 businesses onboarded already (more than Colorado Spings) * Chamber of Commerce actively promoting it * Feedback from businesses (who were not bitcoiners) includes: "Our instore sales have increased, and 20% of our sales are now in Bitcoin" "it feels cleaner" "it feels more natural" "1 in 8 of our sales are now in Bitcoin" How did this happen? One person who in his spare time doing something we can all do - talking to people with a mindset of service. Luke Cortese(@ABCundrstandBTC) is the honeybadger who has been behind this incredible story. But it gets better Each month he runs a "treasure hunt" where new members of the community learn about Bitcoin. 25 new people started using Bitcoin on the last one. AND He's open sourcing the model so other small towns across the country can start onboarding new businesses. He's already gotten enquiries from neighboring towns, and states. image
All we need to do is bring the troops home, close up the foreign bases, shutter the CIA, balance the budget, pay down the debt, restart domestic manufacturing, revamp education, shrink the gov., support family farms, create affordable housing, end the Fed, eat healthy food, abandon the algorithms, control Ai, set term limits for all public officials, harness the sun’s energy, make plastic biodegradable… …then everything will be alright. image
Without the forever wars, intelligence agencies, surveillance, opaque tax codes, ever increasing numbers of laws, financial mismanagement and expanding government… …American confidence can flourish. image
Most people feel inflation, they just don’t connect it to the money itself.
21,000,000 BTC / 8,000,000,000 humans = 0.002625 BTC each. Bitcoin was never designed so everyone could have one. It was designed so no one could print more. image
Bitcoin might be more popular if it was: - Controlled by a small number of people. - The most popular money for criminals. - Printed at a rate of 7% per year. - Easy to reverse transactions. - Limited by banking hours. But the dollar has a strong monopoly on all of this. image
In Mendocino back in the ‘90s we had our own local currency called Seed. Today we can use bitcoin as a local currency, keep value within our community and strengthen our local economy…like they do in Lugano Switzerland, El Zonte El Salvador, Jericoacoara Brazil etc. image
The American Dream wasn’t lost, it was sold off. Traded for debt, stripped for profit, and hollowed out by short-term thinking. No one is coming to fix it. Not politicians, not elections. If there’s a way forward, it starts with us rebuilding our communities, our families, and ourselves from the ground up. image
Bitcoin is about replacing the fiat system, not profiting from it. image
America becomes the shining city for the world again. California sees real innovation reborn. Mendocino starts rebuilding freedom’s quiet stronghold. And Bitcoin is adopted as the world’s local currency. fix the money, fix the world. image
If governments can ‘print’ their own currencies, they can pay arms manufacturers, foot soldiers, and contractors endlessly to wage endless wars. If the world operated with sound money, endless wars wouldn’t be financeable. Study Bitcoin. image