#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?
jakub / Jakub
npub13j…mjdyg
2023-09-01 05:18:48
Author Public Key
npub13j597uazlhja75k3y4dlumfk4dzpu9c8srtfg5trsqhzryqe2gsshmjdygPublished at
2023-09-01 05:18:48Event JSON
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"created_at": 1693545528,
"kind": 1,
"tags": [
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"content": "#Firefish vs Bank loan\n\nWhy 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? \n\nYeah, through Firefish, the collateral is bitcoin, through bank it might be a house or so.. \n\nPerhaps it is just about P2P principle instead of B2C?",
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}