Bitcoin-backed loans are being discussed increasingly in the media (see Cointelegraph link below). The failures of Celsius and BlockFi have taught current market players valuable lessons about risk management. However, a question still remains: why are interest rates still so high (8%-12%) when Bitcoin is the ultimate collateral?

In my opinion, interest rates will decrease rapidly. This shift will likely begin in the US, where banks are no longer bound by the SAB 121 accounting rule. As a result, they will be able to offer financial services that involve custody of crypto assets, such as using bitcoin as collateral for loans. This development will attract significant amounts of risk-averse liquidity, and rates will inevitably decrease substantially.

The EU and the rest of the world will follow this same path at different speeds, leading to the same results. I’m glad that my company, Firefish.io, is educating the EU markets to this upcoming opportunity.

So i started to build a TikTok like app, i've spent about a week on it so far and it seems to work quite well actually, you can try it out on android and let me know what you think.

If you want to post content here you can use zap.stream or olas to create shorts.

Does anybody want to see this developed further?

Fiz um vídeo simples, básico mesmo. Achei bem raso suas funções; similar ao Muun Wallet. Se entendi corretamente, ela é também similar a Proton, sem Lightning, apenas OnChain.

Algo que eu percebi, mas posso estar errado, é que não dá para fazer por dentro, fusões entre BTC e USDT ou vice versa. Mas meu conhecimento é tão raso para grande parte das funcionalidades que descrevem na página do produto no site, que peço desculpas a você ou a quem desenvolveu, por ser negligente em não mostrar tudo de uma melhor forma.