
← The Becoming Sovereign Podcast5 days ago · 46 min
The Antidote to the Bitcoin Lending Rehypothecation Trap
<p>In this episode of the Becoming Sovereign podcast, host Brandon Karpeles sits down with Kevin Bell, CFA and Founder of Cadena Bitcoin. Kevin breaks down how Cadena is building an essential piece of the Bitcoin economy by offering non-custodial, peer-to-peer lending and borrowing directly on Bitcoin's base layer.They discuss the critical need for financial services that allow users to access liquidity or earn yield without surrendering their private keys or facing margin calls. Kevin explains how Cadena utilizes Discreet Log Contracts (DLCs) to eliminate counterparty risk, creating a transparent, El Salvador-registered platform that empowers the global Bitcoin community to leverage their wealth safely.In this episode, we cover:The Bitcoin Economy: Why offering true financial services is the crucial next step for Bitcoin adoption.Cadena Bitcoin: How the platform enables 12% annualized USD yield on Bitcoin and 50% LTV borrowing without giving up custody.DLCs and Self-Custody: Utilizing Discreet Log Contracts on the base layer to ensure no rehypothecation and no active margin calls.Institutional & Retail Access: Providing transparent, peer-to-peer credit markets for everyone from individual holders to corporate treasuries.Connect with Kevin Bell & Cadena Bitcoin:Website: cadenabitcoin.comX/Twitter: @cadenabitcoinLinkedIn: Kevin BellBook: Endgame — Bitcoin, Sovereign Debt, and the Return of Sound CapitalConnect with Brandon & Sovreign:- Website: sovreign.io- LinkedIn: Brandon Karpeles- Nostr: @plebiAnon- X: @sovreignBTC</p>