Dan Held

Follow me to learn about Bitcoin. Fractional CMO. Prev: Head of Marketing @Krakenfx | Growth @Uber @Blockchain. Founder Zeroblock/Interchange (both acq)

[Dan Held @danheld]

What an insane round trip.

[Dan Held @danheld]

If there is a Bitcoin fork can we call it Knotty Bitcoin? 😂

[Dan Held @danheld]

If you had bought 1,000 Bitcoin in 2010, you'd have forgotten your password, day traded it, or sold it when you hit some arbitrary value in fiat.

[Dan Held @danheld]

If there is a minimum age to vote, there should also be a maximum age.

Allowing boomers to continue to hoard wealth and implement insane policies to enrich themselves needs to end.

[Dan Held @danheld]

The Bitcoin pleb/puritan movement was the worst thing ever to happen to Bitcoin.

[Dan Held @danheld]

Nine institutions including BlackRock, Fidelity, Coinbase, and Strategy announced the Bitcoin Security Consortium (@BTCconsortium), pledging $15M toward Bitcoin security work over the next three years.

Love to see it 👏

[Dan Held @danheld]

Fees are the filter.

Welcome to basic Bitcoin education.

[Dan Held @danheld]

Reasons not to like BIP-110:

- Doesn’t solve the problem
- Opens up a political attack vector which would demonstrate that a small group can control Bitcoin
- Led by a single lunatic developer

Reasons to like BIP-110:

- You can virtue signal about your poorly informed feelings

[Dan Held @danheld]

Remember when all the liberals laughed when Texans had a once in 50 yr snowstorm that knocked out power temporarily and people died?

In California/NYC happens all the time with predictable summer heat.

0 republicans laughing at the misfortune.

[Dan Held @danheld]

A linear path that Elon is likely pursuing with connectivity/compute to capture full stack TAM:

1. SpaceX continues to eat into telco and datacenter/compute market share, while having a unique long term moat w/ it's launch capabilities.

2. Develops new version of smartphone that is AI native, probably has little to no apps

(We're here today - but early)

3. Eventually it becomes the largest telco/compute. Full stack value capture from compute > connectivity > hardware > OS > "X app for everything." Leans in heavy with cheap AI native smartphone.

4. SpaceX acquires Neuralink after it becomes mass produced/scalable. The next hardware not being a screen but instead your mind. Skipping AR glasses etc.

[Dan Held @danheld]

Bitcoin below $60k does not invalidate the thesis.

It reveals who was only here for price.

[Dan Held @danheld]

Hey @grok how many times has Peter Schiff effectively said Bitcoin is going to drop or go to $0?

[Dan Held @danheld]

SoV (Store of Value) assets inherently will have higher price volatility than centralized fiat currency.

That sounds counterintuitive right? Shouldn't a SoV be "stable value?"

If the price was stable that would mean it's centrally controlled, which is the opposite of what makes it a good store of value.

In other words, SoV is about the credibility that an asset can't be control, and that the monetary policy can't be altered easily.

[Dan Held @danheld]

What changed your Bitcoin conviction more:

The bull markets or the bear markets?

[Dan Held @danheld]

Gold has a $30 trillion market cap with zero merchant adoption.

So why do people think Bitcoin can only have value if it’s used for coffee payments?

[Dan Held @danheld]

Take note of all the morons who voice support for BIP-110.

You can safely ignore any of their future thoughts as they literally have mush for brains.

Fork off already ✌️

[Dan Held @danheld]

The amount of mental gymnastics euros perform to justify no A/C 🙄

> It’s bad for the environment
> It makes the surrounding area hotter
> It makes you sick
> It can’t be installed
> (Now) It makes noise

[Dan Held @danheld]

Bring back the insane asylums.

[Dan Held @danheld]

I've seen worse moments in Bitcoin's history.

We are on the path of maximum pain.

Those who survive will earn the title of HODLer.

[Dan Held @danheld]

Bitcoin has been declared dead at least 472 times. If you had invested just $100 every time this happened, you could have literally bought a seat on a spaceship to the moon.