

Murugan D
200 posts

@yasmuru
Building Bitcoin scaling Infra - Lead Engineer at @SurgeBuild










Our newest installment of Built in the Presidio is live! Members Yash Belavadi (@yash_belavadi) and Michael Borglin (@michaelborglin) explain why they’re building Surge (@surge_credit) - a non-custodial way to borrow against BTC - and how it works. The conversation also covers why Bitcoin lending keeps drifting back toward centralization, lessons from previous centralized blowups (e.g., BlockFi, FTX), and new tailwinds for the vertical. (0:00) Why Bitcoin lending keeps breaking (1:50) Yash & Michael's backgrounds and pivot into Bitcoin lending (6:30) Why past models failed (13:00) Why now? (regulatory & institutional momentum) (25:35) What Surge is building: roadmap, liquidity bootstrapping, native BTC (31:00) How it works: user journey & safety


Thanks for coming by Presidio Bitcoin, @jack It was great to have you here for a private AMA with our members.

Our logo is inspired by the Bitcoin block! It reflects our promise: to keep Bitcoin on-chain, without sacrificing experience. For Bitcoiners, on-chain has often meant bad UX. We’re here to change that. ⚡️ Surge : Bitcoin-native Credit Line 🎥 Brand Showreel, what you think?


🚨 Most Bitcoin “lending” platforms look more like banks with prettier websites. The problem? Opaque custody, hidden rehypothecation, and brutal liquidations. Here’s what really matters when borrowing against BTC 🧵👇