> 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)
mbarulli / Marco Barulli
npub18n…25evl
2024-12-19 21:06:44
in reply to nevent1q…va3r
Author Public Key
npub18nagz6a53yh6d05e8trj487dhvyfhh4qchvsz87jqng4g4zl5tvs825evlPublished at
2024-12-19 21:06:44Event JSON
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"content": "\u003e Borrowing against your bitcoin means giving up full control over it.\n\nThat's not always the case. \nIt depends on the platform you are using.\nAs an example, Firefish.io locks the Bitcoin collateral in an escrow that is still controlled by the borrower.\nDetails here: https://docs.firefish.io/firefish-protocol \n\n(Disclosure: I work for Firefish.io)",
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}