nostr:nprofile1qyt8wumn8ghj7mn0wd68ytnfdehhxarp9e3kxtcpr4mhxue69uhkummnw3ezumt4w35ku7thv9kxcet59e3k7mf0qyghwumn8ghj7mn0wd68ytnhd9hx2tcpzemhxue69uhhyetvv9ujumt0wd68ytnsw43z7qghwaehxw309aex2mrp0yhxummnw3ezucnpdejz7qg5waehxw309aex2mrp09skymr99ehhyee0qqspue77xa2pwyr3608ek39ku4rtm98apgk2876dhwcmq4rgtjg3deq5kzaze : Thanks for sharing this!

nostr:nprofile1qynhwumn8ghj7cfjxy6xwv35xyenyumpxfnxzuenx56rgvf3vcerxdp3xg6ju7re0gqs6amnwvaz7tmwdaejumr0dsq3samnwvaz7tmwdaehgu3wwpshqctwdajx2tnrdaksz9thwden5te0dehhxarj9eux6u3wwfhkx6mnqyf8wumn8ghj7ur4wfcxcetsv9njuetnqyt8wumn8ghj7un9d3shjtnswf5k6ctv9ehx2aqprdmhxue69uhhyetvv9ujuamfdd5kvun9v4jxjcfw0puh5qpqs7qluhwu0gj8kxs7jxkrlvlt5aa725cjphtq2plhrc93wjgql75qm7gd6u : Firefish is fully decentralized and transparent, here is a more detailed technical description: https://docs.firefish.io/firefish-protocol

nostr:nprofile1qyt8wumn8ghj7mn0wd68ytn5v9m827pww3jkx6qprpmhxue69uhhqun9d45h2mfwwpexjmtpdshxuet5qyd8wumn8ghj7un9d3shjtnndamx2un9d9nkutnpwpcz7qpq3wnx7nyf0q6e2ltgae80d2l9nttk0dmvdrapjg7my8jl6kghtdss4ygkj3 : Yes, companies are welcome. Get in touch for instructions, thanks!

nostr: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 : Coinbase loans are pretty convoluted.

Coinbase

1. Your BTC is converted into Coinbase Wrapped BTC (cbBTC).

2. cbBTC is transferred to Morpho, an Ethereum-based lending protocol.

3. You receive USDC stablecoins in your Coinbase wallet.

4. You likely need to convert USDC to fiat currency.

5. Finally, you withdraw fiat from Coinbase to your bank account.

Firefish.io:

1. Your BTC is locked as collateral in an on-chain escrow.

2. Fiat currency is directly transferred to your bank account.