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jakub / Jakub
npub13j5…jdyg
2023-09-01 05:18:48

jakub on Nostr: #Firefish vs Bank loan Why should I lock my BTC in the Firefish contract to borrow ...

#Firefish vs Bank loan

Why should I lock my BTC in the Firefish contract to borrow CZK/EUR for basicly the same or even higher interest rate than in a bank?

Yeah, through Firefish, the collateral is bitcoin, through bank it might be a house or so..

Perhaps it is just about P2P principle instead of B2C?
Author Public Key
npub13j597uazlhja75k3y4dlumfk4dzpu9c8srtfg5trsqhzryqe2gsshmjdyg