According to Igor from Firefish, Bitcoin is a special kind of asset which only gains more value in time.
Therefore, he believes that taking a fiat loan at a rate that’s close to the fiat inflation makes much more sense than selling your BTC.
Learn more about Firefish in S14 E19 of the Bitcoin Takeover podcast 🎧
#bitcoinpodcast #bitcoin #btctkvr #firefish #lendbitcoin #lendusd #borrowbitcoin #borrowbtc #btcusd #inflation #bitcointakeover #bitcointakeoverpodcast https://video.nostr.build/b55099de5acfecd17bec01dfcd808e173d19e67ac6c099ee2719159b837dc5bf.mp4
Under the hood, Firefish basically enables a bilateral loan agreement that’s enforced by the Bitcoin blockchain via multisig.
This way, one side is able to lend fiat, while the other one lends bitcoin. They both hold multisig keys.
But according to project co-founder Igor, Firefish is also “kosher” on the legal side. The start-up hired a lawyer and made sure that all edge cases are covered in order to run the operation smoothly.
To learn more, listen to the Bitcoin Takeover podcast 🎧
#firefish #bitcoin #bitcointakeover #bitcoinloan #borrowbtc #lendbtc #multisig #bitcoinmultisig #bitcoinpodcast #bitcointakeoverpodcast #btctkvr https://video.nostr.build/5fc020026aed49765dcee4b0f5bafc85830dcb4b94ca8ea9a79a48ea2f01a584.mp4
He probably wishes that himself. But launching BCH was a necessary experiment and a test for Bitcoin’s resilience. Had he not done it, some government or corporation would have attempted it.
I find it incredible how the Bitcoin class of 2021 has no idea who Roger Ver, Jihan Wu or Mike Hearn are.
Probably heard of Gavin Andresen in a Netflix documentary, but otherwise can’t name a single contribution that he made to the project.
They don’t know about Kevin Pham, Justin Vendetta or Rhett Clayton either.
Wild!
In about a month, Bitcoin Takeover podcast will celebrate 5 years of existence 🤩
When I started, I didn’t regard this as just a networking opportunity to get a better job in Bitcoin. Ideally, this would become THE JOB.
5 years later, I’m just as excited about the project as I was when I first started recording.
Thanks to everyone who has been part of this journey! 😍
34 years ago, my parents had their wedding – exactly 1 month before the communist regime collapsed.
They raised enough money to buy a new car, so they deposited the cash in the state’s account. At the time, you had to wait 2-3 years until your Dacia 1310 (your only option during the communist years) got delivered.
But the car never came. They requested a refund and, with some difficulty, got their money back 4 years later.
Due to inflation, the same amount of cash that would have bought a brand new Dacia 1310 in 1989 ended up only buying a couch for the bedroom in 1993.
I often think about this story. It’s part of the reason why I like Bitcoin. Many families in Eastern Europe have similar stories, but they don’t seem to learn. 
Learn more from the maker:
https://bitcoin-takeover.com/s8-e4-lawrence-nahum-on-blockstreams-jade/
In S14 E20 of the Bitcoin Takeover podcast, Lea Petrasova explains how Vexl works and why it doesn’t store any user data.
While Vexl works like Tinder, it doesn’t make use of GPS location or other tracking information. Instead, it reads an encrypted address book and leverages a web of trust to recommend contacts of your contacts.
The company has no access to your contacts, as the decryption only takes place between you and your trading partner in order to verify mutual friends.
To find out more, listen to the Bitcoin Takeover podcast on Spotify, Apple Podcasts & YouTube 🎧
#bitcointakeover #bitcoin #bitcoinpodcast #btctkvr #vexl #buybitcoin #p2p #p2pexchange #satoshilabs #bitcointakeoverpodcast https://video.nostr.build/9d307edf78fa6ade0a8d2c08117a157fe1654435523bd1110ebc559869f740f0.mp4
A man of culture and great knowledge!
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Yup, he also taught me 😂
Thank you @Bill Monroe 😂 
Almost 1337 😆 
Is one of the two Peters actually Pieter?
Also, what about Luke, Matthew, Thomas, Philip, John, Bartholomew and Judas?
Without checking any external website, name 3 Bitcoin Core developers.
According to Lea Petrasova, Vexl is like Tinder for bitcoiners… but safer thanks to the web of trust system that’s implemented.
Find out more about Vexl by listening to S14 E20 of the Bitcoin Takeover podcast – now available on Spotify, Apple Podcasts & YouTube!
#bitcoin #buybitcoin #p2p #peertopeer #buybitcoinpeertopeer #p2pexchange #vexl #bitcoinpodcast #bitcointakeover #bitcointakeoverpodcast #btctkvr https://video.nostr.build/c61587bd392ee2f3e90f57ac7df0c6e35ef2cdb5442c3e5275edfcc915ef8cc1.mp4
Only Russian speakers will get this 🙃 nostr:note1sx9p7g9jy7n2q56ut0tlp6gdf5zkfdgwyrepsr7nupy49z5ygu9sy8u073
Are you a Bitcoin miner?
No, I’m a Bitcoin maxer.