Rich Nost on Nostr: To give you an update of what a farce the real estate mortgage underwriting process ...

To give you an update of what a farce the real estate mortgage underwriting process is:

I have dollars in my bank account that are proceeds from selling bitcoin in April. These funds are magically aged to the satisfaction of the underwriting department. These funds are blessed.

I have dollars in my bank account that are proceeds from selling bitcoin in June. These funds are too new to consider magically aged, so they will need additional provenance. I will have to painstakingly show how long they were in a self-custodial wallet before they moved to an exchange. I will have to use diagrams, paragraphs of text and finger puppets to show how the transactions are related to the Kraken deposits. Because the funds did not magically age by 60 total days in the bank.

I am dumber for having learned this.