In this interview with Rob from @DigitalAssetNews (8th June 2025), I explain why Bitcoin-backed loans can be far more dangerous than they appear. It’s not always the companies themselves — it’s the forces behind them, the timing, and the hidden risks that could cost you everything.

If you’re thinking about borrowing against your Bitcoin, watch this first. I cover what went wrong with Celsius, what to look out for now, and why self-custody may still be your best defence.

Timestamp:

00:00 – Intro: Why This Conversation Matters
01:25 – What Are Bitcoin Loan Companies Really Offering?
04:10 – Lessons from Celsius, BlockFi &Voyager
07:30 – Why the Problem Is Bigger Than the Platforms
10:45 – Timing, Risk, and Market Fragility
14:20 – What Happens When You Over-Leverage Your Bitcoin
17:35 – Repackaging the Same Mistakes in New Wrappers
21:10 – The Institutional Play for Bitcoin Control
24:15 – Self-Custody vs Custodial Lending Platforms
28:05 – What to Watch Out for in New Loan Offers
31:00 – Should You Ever Take a Bitcoin Loan?
34:25 – Final Warnings &How to Stay Safe
37:45 – Wrap Up: Exit the Trap Before It’s Too Late

BitcoinLoans

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DigitalAssetNews

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CryptoRisks

BitcoinEducation

FinancialSovereignty

Rehypothecation

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Disclaimer:
This video is for informational and educational purposes only. It does not constitute financial, legal, tax, or investment advice. The opinions expressed are those of the speaker and are not affiliated with any financial institution, government, or regulatory body.

Digital asset lending involves significant risk, including the loss of principal. Viewers should conduct their own research and seek independent professional advice before making financial decisions.

This content was created with the assistance of AI tools for clarity and structure. All final editorial decisions and views remain those of Simon Dixon.