Dan Held is a widely known educator in the Bitcoin Universe. Formerly the director of growth marking at Kraken, he’s now an independent content creator at the Held Report and an advisor to Trust Machines.

In today’s State of the Nation, we explore a new extremist sub-division of the Bitcoin movement: Bitcoin Fundamentalism.

Is there a divide growing in the Bitcoin Community? Why are Dan Held and other Bitcoiners frustrated with this cohort? What is Bitcoin Fundamentalism, and what does it mean for the future direction of the Bitcoin Community?

------ 📣 Galxe | Explore Crypto’s #1 Credential Network https://bankless.cc/Galxe

------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com 🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/

------ BANKLESS SPONSOR TOOLS:

⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum

❎ ACROSS | BRIDGE TO LAYER 2 https://bankless.cc/Across

🦁 BRAVE | THE BROWSER NATIVE WALLET https://bankless.cc/Brave

💠 NEXO | CRYPTO FINANCIAL HUB https://bankless.cc/Nexo

🔐 LEDGER | NANO HARDWARE WALLETS https://bankless.cc/Ledger

⚡️FUEL | THE MODULAR EXECUTION LAYER https://bankless.cc/Fuelpod

----- Topics Covered

0:00 Intro 8:00 Say No To Bitcoin Fundamentalism 13:10 What is Fundamentalism? 21:00 Nic Carter 27:12 Brain Drain 31:00 The Rationalists 39:00 Wealthy then Healthy 44:00 Cyber Hornets 53:40 What’s at Stake Here? 1:01:00 Trust Machine 1:03:32 The Bitcoin Ecosystem

------ Resources:

Dan Held https://twitter.com/danheld Trust Machines https://twitter.com/trustmachinesco The Held Report https://www.theheldreport.com/ Nic Carter Episode https://youtu.be/BjTeLtuKs1A

----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://newsletter.banklesshq.com/p/bankless-disclosures

Pete Davidson: A Joke About His Beef w/ Kanye