What is Nostr?
mbarulli / Marco Barulli
npub18na…5evl
2024-12-19 21:06:44
in reply to nevent1q…va3r

mbarulli on Nostr: > Borrowing against your bitcoin means giving up full control over it. That's not ...

> Borrowing against your bitcoin means giving up full control over it.

That's not always the case.
It depends on the platform you are using.
As an example, Firefish.io locks the Bitcoin collateral in an escrow that is still controlled by the borrower.
Details here: https://docs.firefish.io/firefish-protocol

(Disclosure: I work for Firefish.io)
Author Public Key
npub18nagz6a53yh6d05e8trj487dhvyfhh4qchvsz87jqng4g4zl5tvs825evl