Bitcoin finds ‘another’ use case via BTCfi — DLC.Link co-founder

DLC.Link CEO Aki Balogh tells The Agenda how DeFi on Bitcoin will unlock BTC’s potential for collateral, yield farming and more.

Bitcoin might be one of the best investments of all time, and many investors believe its best days are still ahead. If Bitcoin does reach the $100,000 to $3 million price target that various analysts have predicted, that’s a win for holders. Still, data also shows that they are reluctant to spend their BTC, and generally, they are terrible with timing when to sell and when to buy. 

The Bitcoin (BTC) market has a “stranded value” characteristic where a cohort of investors are unable (or unwilling) to benefit from BTC’s price upside. The market itself has limited safe opportunities for holders to earn yield, use BTC as collateral and easily access some of the lucrative features of decentralized finance (DeFi).

To discuss the new developments happening in Bitcoin, The Agenda podcast hosts Ray Salmond and Jonathan DeYoung spoke with DLC.Link co-founder and CEO Aki Balogh.

Read more

Please enter CoinGecko Free Api Key to get this plugin works.