Bitcoin Hedge Against Dollar Collapse: From Venezuela to DeFi

Ledn co-founder Mauricio di Bartolomeo’s hedge against economic turmoil mirrors his history during Venezuela’s hyperinflation in the 2010s. Now, he’s borrowing Bitcoin to protect against a weaker US dollar. This strategy is gaining traction within the crypto world and fuels the rise of collateralized BTC lending platforms like Ledn. In an interview with Cointelegraph, di Bartolomeo highlights the advantages of Bitcoin-backed loans and the burgeoning landscape of decentralized finance (DeFi) applications.