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The Honest Money Show

Philipp Hoenisch: How Bitcoin-Backed Loans Actually Work

By Anja Dragovic

Aired Dec 21, 2025 · 47m · Last boosted Dec 22, 2025

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Show Notes

🎙️ Welcome to Episode 19 of The Honest Money Show In this episode, Anja is joined by Philipp, Co-Founder and CEO of Satora (Ex-Lendasat), to explore the growing world of Bitcoin backed loans and what it really means to borrow against your Bitcoin without selling it. The conversation centres on Lendasat (now Satora), a Bitcoin lending marketplace that connects borrowers and lenders without traditional intermediaries or KYC requirements. Philipp breaks down the fundamentals of Bitcoin backed lending, including how collateral works, why loan-to-value (LTV) ratios are critical, and how interest rates are determined in today’s market. Togethe...

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Dec 3, 2025
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turboDec 4, 2025
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Relatively new listner and loving the show. Thank you for helping me find Ronald Jenkees.🎵 The tunes are taking me back to my amiga 500 retro gaming days.
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Nov 26, 2025
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turboNov 29, 2025
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Who does your retro music? And are any of the tracks on here. Soooo good!!🕹
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turboAug 29, 2025
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Enjoyed this one. The fact my hot water system could one day be securing the bitcoin network and offsetting my power bill is a cool thing to look forward to.
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  • 2,121 via Fountain
    Very informative show. Thanks Anja and Philipp