The Open Market for Bitcoin-Backed Loans
Joined June 2022
- Tweets 1,786
- Following 280
- Followers 8,600
- Likes 1,797
529 Photos and videos
Pinned Tweet
22h
Any guesses what @MatejkaMar and the honey badger chatted about?
@BTCPrague
Wrong answers only.
1
2
27
2,088
Firefish retweeted
Jun 12
It’s 2030.
Looking back at today’s valuations, which one was the obvious pick?
8%
SpaceX @ $1.77T
81%
Bitcoin @ ~$1.27T
8%
Anthropic @ ~$965B
4%
OpenAI @ ~$852B
26 votes • 21 hours
1
6
1,162
Jun 9
Closing in on 6,000 BTC collateralized.
Reply with the exact date time Firefish crosses it.
Closest guess wins a goodies bag 🎁.
One reply. No edits.
(P.S. We’re at @BTCPrague this week. Come meet us)
48
5
43
6,646
Jun 12
Last chance to guess: end of @BTCPrague, 13 June 2026. Unless we cross 6,000 BTC before then 😉.
Winner will be contacted by DM.
320
Firefish retweeted
Jun 9
Closing in on 6,000 BTC collateralized.
Reply with the exact date time Firefish crosses it.
Closest guess wins a goodies bag 🎁.
One reply. No edits.
(P.S. We’re at @BTCPrague this week. Come meet us)
48
5
43
6,646
Jun 11
Day 1 at @BTCPrague in the books 🔥🐠
Great people, great conversations, and a booth full of bitcoin-backed loan questions.
Back at it tomorrow.
2
1
39
1,985
Firefish retweeted
@_BitcoinMatrix #278 @MartinMatejka: Rehypothecation Is Cryptographically Impossible.
We break down the rise of Bitcoin-native lending, why Feb 6 was the day Bitcoin-backed credit grew up, & how rehypothecation gets engineered out, not promised away.
▶️ youtube.com/watch?v=rX4inrAB…
4
7
976
Jun 10
Firefish takes the main stage at @BTCPrague.
How do you actually extract maximum value from your Bitcoin?
That's the question @FFChairman joins @paolo_guarnerio, @jos_lazet, and @hhsahay to answer.
Moderated by @lunaticoin.
BTC Prague. Saturday 09:30. Main Stage.
Taxes. Fees. Liquidity. Holding without losing control.
1
2
23
826
Firefish retweeted
MUST WATCH 🚨
"Don't sell your Bitcoin. Live off it."
@MartinMatejka on the Bitcoin loan where your keys stay in 3-of-3 multisig with $160M facilitated in 70 countries by @Firefish_io.
@_BitcoinMatrix #278: Rehypothecation Is Cryptographically Impossible is out now.
8
7
44
5,216
Jun 8
Booth 4. Find us there.
Jun 8
Expo loading. Prague getting built in real time. 👀
Watching the floor come alive hits different when you know you’re about to be in it. 🔥
📍 Few days left. Get your BTC Prague ticket.
1
19
1,389
Jun 7
The ECB's Q1 2026 Bank Lending Survey tells you what banks think of risk right now. Tighter standards. Higher rejections. Less appetite.
Net 10% of banks tightened lending to businesses in Q1 alone. Rejection rates up across every borrower category.
A system pulling back because the outlook feels uncertain.
That uncertainty isn't going away. And the institutions managing your access to credit are the ones deciding, behind closed doors, how much of it you deserve.
Bitcoin is the opposite model.
Volatile, yes. But every price movement is public. In a good Bitcoin-backed loan, every threshold is known in advance. No committee.
No discretion. No quiet shifts in appetite that you only discover when the answer is no.
That's what collateral should look like. Not stable. Honest.
For a deeper dive,
youtube.com/watch?v=P0FkAVwK…
@Braiins @BTCsessions @TheGuySwann @MartinConnor21
1
26
1,804
Jun 4
Market sentiment signals Extreme Fear. That's usually when people guess, panic, or ignore their positions.
If you have an active Bitcoin-backed loan on Firefish, don't guess. Understand your margin call thresholds.
Most people treat a margin call as bad news. It isn't. It's information.
When Bitcoin falls and your LTV rises, Firefish sends alerts (email notification) at CHI 33%, 22%, and 11%.
Each one arrives before anything critical. Each one is a decision point: top up collateral, or begin repayment.
Three alerts. Three chances to act.
Extreme Fear is market sentiment. A margin call is a tool. Know the difference.
1
1
24
708
Jun 3
Bitcoin is down 15% in two weeks. The CHI is built for exactly such periods.
If you have an active loan on Firefish, it's worth a quick check.
Your Collateral Health Indicator (CHI) shows the health of your collateral in real time.
CHI runs from 100% (fully healthy) to 0 (liquidation).
Three margin call alerts before anything critical, at CHI 33%, 22%, and 11%. Liquidation only at CHI 0%.
Your liquidation price is on your loan card. Worth knowing.
If CHI is dropping, it is advisable to top up your collateral or repay the loan. Both options are available directly on the platform.
2
1
14
1,231
Jun 3
We'll be at @BTCPrague next week. Booth 4.
Still need a ticket? Code FIREFISH gets you 15% off. Pay in BTC and make it 20%.
btcprague.com/ticket-types/#
9
620