In Episode 51 of The Jake Woodhouse Podcast, Igor Neumann and I discuss Firefish, a Bitcoin-native lending platform offering transparent, collateral-backed loans. We break down the Firefish protocol, how it compares to failed yield platforms like Celsius, how borrowers are using Bitcoin loans, and how Firefish earns revenue. We also cover interest rate mechanics, liquidation risk, where the platform is available, and Igor’s personal journey into Bitcoin. Website: https://firefish.io/ X: https://x.com/firefish_io Discord: https://discord.com/invite/ksmg2v533j LinkedIn: https://cz.linkedin.com/company/firefish-io Email: hello@firefish.io New episodes drop Monday, Wednesday, and Friday. Let's learn together. TIMESTAMPS: 0:00 - The Journey of Starting “Firefish” 7:11 - The “Firefish” Protocol 8:32 - Celsius: Where does the Yield Come From? 12:33 - Counterparty Risk: Trust Me Bro? 18:03 - How are People Using “Firefish” Bitcoin Loans? 25:48 - Interest Rates for Loans Against Bitcoin 29:37 - How does “Firefish” Make Money? 32:36 - “Firefish” Valuations and VC Funding 37:49 - Traction Trumps Everything 41:50 - Bitcoin as Collateral: Liquidation Risk 47:26 - Where is “Firefish” Available? 49:05 - Igor’s Bitcoin Journey 53:13 - How to Connect with Igor and “Firefish” If you want to learn more or connect, visit my website: https://jakewoodhouse.io/