As bitcoin becomes integrated into the world of finance, there is one clear step that is necessary – collateralization. Typically, if you were to use bitcoin as collateral for a loan from a traditional lending provider, you would be laughed at and swiftly shown the door. Thanks to our publication, Bitcoin: The Ultimate Collateral, we now know that bitcoiners and bitcoin companies have options to extract the value of their bitcoin without having to sell it. The future is here.

Written by Martin Connor and featuring contributions from experts like Juraj Bednar, Kristian Csepcsar, Brian Cubellis, Martin Matejka, Eli Nagar, Igor Neumman, and Wyatt O’Rourke, the book explores collateralized lending and how bitcoin can reshape the industry.

Why rich people never sell their assets

Rich people often collateralize their wealth, typically ownership in stock, real estate, trusts, etc. to fund their lifestyles. Given the value backing their debt, banks are happy to issue loans knowing there is a near-certainty that it will be paid off. The book explores various reasons why this is the case and applies it to bitcoin, which serves as the best form of collateral.

Bitcoin is the ultimate collateral

Due to its digital, permissionless nature and near-instantaneous transaction settlements, bitcoin locked in multisig escrow is the best form of collateral. It can be redeemed at a moment’s notice, and it generally appreciates in value long-term. Still, with the Firefish platform, loans are backed 2:1 with bitcoin, so any lender on the marketplace is safe.

The book walks the reader through how securing a loan on Firefish works–or how loaning your fiat out to someone works.

Enter Firefish

Firefish, founded in 2022, offers anybody the opportunity to secure a loan backed with their bitcoin. They can also fund the loans and gain interest on their cash if they so desire. The book details just how this works, walking through the various options available to Firefish users. There are proven track records of bitcoin thriving as collateral.

Plus, Braiins has been users of Firefish since the beginning.

Real-world case studies

The book looks at various companies who have collateralized their stack to fund operations, start new ventures, or even buy more bitcoin. There are endless opportunities for businesses who have unlocked the value of their bitcoin, with many of them examined in the book.

Bitcoin truly is the ultimate collateral, and we are happy to offer our book to all readers interested. Whether you are interested in the idea of bitcoin as collateral, or you want to truly unlock the value of your digital gold without selling, this book is for you. It’s available for free download.

Learn more about bitcoin, lending, and collateralization with a free digital copy or a paid physical version of Bitcoin: The Ultimate Collateral.