DeFi on Bitcoin: Solving a Problem That Doesn’t Exist?

About this episode

This episode explores Bitcoin-native DeFi, its implications, and the associated risks and innovations.

This bonus episode of The Bitcoin Playbook explores Bitcoin-native DeFi: what it is, where it’s going, and whether it’s worth the attention of serious Bitcoiners. To listen to the full episode, subscribe to The Bitcoin Playbook on Fountain ( https://fountain.fm ). Guest David Gamble shares how reading and curiosity help navigate emerging tech, before diving into DeFi use cases on Bitcoin - borrowing and lending BTC without giving up custody, the role of Bitcoin-backed stablecoins, and what institutions are watching. We examine the risks, the protocols, and the tension between innovation and Bitcoin's core values. Key Topics: What Bitcoin-native DeFi is and how it works Lending and borrowing Bitcoin without custodial risk Bitcoin-backed stablecoins and treasury use cases Risks, incentives, and protocol red flags

People in this episode

Host: Josh Friedeman

Guest: David Gamble

Topics covered

• Bitcoin-native DeFi
• lending and borrowing Bitcoin
• Bitcoin-backed stablecoins
• custodial risk
• protocol risks
• innovation vs core values

Keywords

• DeFi
• Bitcoin
• lending
• borrowing
• stablecoins
• custodial risk
• protocols
• innovation

Mentioned in this episode

Organizations: The Bitcoin Playbook

Products: Bitcoin, Bitcoin-backed stablecoins

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