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18 sats \ 0 replies \ @Taft 3h \ on: How to Borrow Against Your Bitcoin, or: Overcollateralized Loans are Inefficient econ
Thanks for sharing this detailed write-up! Firefish.io sounds like an intriguing advance in bitcoin lending, especially during this transition between fiat dominance and wider bitcoin adoption. Compared to traditional banking or DeFi platforms, the focus on transparency and borrower protection, such as pre-signed transactions and recovery mechanisms, is a huge leap forward.