Bitcoin.Review Podcast with NVK & Guests cover image

BR010 - Blixt, Robosats, Yield product MELTDOWN, RBF Debate & MORE ft. Shinobi, Checkmate & Odell

Bitcoin.Review Podcast with NVK & Guests

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Is DeFi Liquidation Guaranteed?

People are using wrapped Bitcoin, which is held by BitGo as collateral. If that's their collateral, then they're obviously going to have to sell that. And then on top of all this, I think this cycle has really proven that it's absolute lunacy that these guys in DeFi have their liquidation points publicly viewable by everybody. It's like, if someone in a tradfi told you like that BlackRock or someone publicly posted at what point they get liquidated on their loans, you would think they were fucking crazy. But meanwhile in DeFi, you can see all this shit. Bobby, that's how Luna broke. Like the second he said that, it was

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