Bitcoin, often hailed as one of the greatest investment opportunities, continues to show potential for growth. However, despite its promising future, data reveals that BTC holders are hesitant to spend their coins and struggle with the timing of buying and selling.
The BTC market has a unique characteristic known as “stranded value,” where a group of investors are unable or unwilling to take advantage of the increasing value of BTC. This is mainly due to the limited options available for holders to earn yield, use BTC as collateral, and access the lucrative features of decentralized finance (DeFi).
To shed light on the recent developments in the Bitcoin world, Ray Salmond and Jonathan DeYoung, hosts of The Agenda podcast, interviewed Aki Balogh, the co-founder and CEO of DLC.Link.
Balogh began the conversation by stating that although many people have profited from holding Bitcoin, realizing those gains or accessing the sidelined capital has been challenging. Despite Bitcoin’s $1.35 trillion market cap, investors have primarily relied on centralized options like BitGo, which issued WBTC as an IOU for customers’ BTC, and experimental DeFi platforms that often put funds at risk.
DLC.Link takes a different approach by allowing depositors to lock their Bitcoin with themselves, eliminating the need for custodial risk. Balogh addressed concerns about security threats and explained how DLC.Link mitigates these risks.
For more insights from Balogh’s conversation with The Agenda, including details about new features and plans for DLC.Link, listen to the full episode on Cointelegraph’s Podcasts page, Apple Podcasts, or Spotify. Don’t forget to explore Cointelegraph’s lineup of other shows as well.
Disclaimer: This article is for general informational purposes only and should not be considered legal or investment advice. The opinions expressed are solely those of the author and do not necessarily reflect the views of Cointelegraph.