Hey there! If you’ve been scrolling through X lately, you might have stumbled across a hilarious yet thought-provoking post from charker 📱 (@therealchaseeb) on June 26, 2025. The tweet reads: "just tried to get a mortgage with my eth and they said its not real money. then they asked if i was a fartcoin whale." This sparked a wild thread that mixes crypto frustration with a dash of meme coin madness. Let’s break it down and figure out what’s going on!

The Ethereum Mortgage Snub

So, what’s the deal with Ethereum (ETH) not being accepted for a mortgage? Ethereum is a big player in the crypto world, a decentralized platform that lets developers build all sorts of apps and smart contracts. As of now, one ETH is worth about $2,429.40 USD, according to recent market data. You’d think that kind of value would impress a bank, right? Well, not quite.

Traditional lenders, like banks, aren’t ready to treat crypto as “real money” for mortgages. According to Online Mortgage Advisor, most lenders require you to convert your cryptocurrency into fiat currency (like USD or GBP) before they’ll consider it for a loan. This is because crypto’s value can swing wildly, and banks want stability. Plus, there are regulatory hurdles—governments are still figuring out how to handle digital currencies, which slows things down.

This rejection ties back to a 2022 study in the Journal of Risk and Financial Management, which pointed out that adoption barriers like regulatory uncertainty and lack of infrastructure are holding crypto back from mainstream finance. So, even though Ethereum has grown from its 2014 ICO price of $0.311, it’s still not mortgage-ready in 2025.

Enter Fartcoin and the Meme Coin Craze

Now, let’s talk about the funny part: the “fartcoin whale” jab. The thread quickly turned into a satire fest, with replies like Madhatt3r’s suggestion that banks might prefer “PNUT” over ETH, paired with a goofy image of a “FartHouse.” Check it out:

This image shows a cartoon house with a grumpy face, farting green clouds, labeled “FARTHOUSE BY FARTCOIN DEV.” It’s absurd, but it points to a real trend. Fartcoin, a meme coin, is trading at around $1.01 USD with a $1 billion market cap—pretty wild for something that started as a joke! The rise of meme coins like Dogecoin and Shiba Inu in recent years has paved the way, and decentralized finance (DeFi) projects have fueled this silliness into 2025.

What Does This Mean for Crypto?

This thread is more than just laughs—it shows the clash between traditional finance and the crypto world. While Ethereum struggles to break into mortgages, meme coins like Fartcoin are gaining attention, maybe even credibility, in some circles. The replies, like Corg’s #FartHouse plug, suggest a community that’s embracing the humor while pushing boundaries.

Back in 2021, United Wholesale Mortgage experimented with accepting crypto payments (including ETH) but backed off, citing low interest from homebuyers. This history backs up charker’s experience and hints that we’re still a ways off from crypto mortgages becoming normal.

Final Thoughts

This X thread is a perfect snapshot of 2025’s crypto landscape—part frustration, part satire, and a whole lot of creativity. Ethereum’s rejection highlights the slow march toward mainstream adoption, while Fartcoin’s rise shows how meme culture keeps shaking things up. What do you think—will banks ever accept ETH for a mortgage, or will fartcoin houses take over? Drop your thoughts in the comments, and let’s keep the conversation going!

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