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?
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?