Surge Explained: No-KYC, Self-Custody Bitcoin Line of Credit

Show Notes

PBJ breaks down Surge, a new no-KYC, self-custody bitcoin-backed credit line, and why its Taproot-based design could be a meaningful step forward for bitcoin lending. https://www.surge.credit/ 0:00 - Surge's backstory 1:14 - What is Surge 4:40 - User journey & experience 6:35 - How the bitcoin collateral works 12:23 - The oracle tradeoff 17:41 - Audits, risks, and remaining trust assumptions 24:20 - Surge's next big unlock 🎧 From the PBJ podcast recorded at 📍Presidio Bitcoin 🔗 Full episode: https://youtube.com/live/we7gHhi9xiY?feature=share 🌐 Learn more: https://www.presidiobitcoin.org/