We Study Billionaires - The Investor’s Podcast Network BTC016: Bitcoin Super-Cycle w/ Dan Held (Bitcoin Podcast)
Mar 10, 2021
In this engaging discussion, Bitcoin OG Dan Held shares his insights drawn from a rich history in the crypto space, including his work with Kraken and early Silicon Valley meetups. He elaborates on Bitcoin's potential super-cycle, the opportunities presented by stablecoins, and the cryptocurrency's role as a digital store of value. Dan also tackles the challenges of non-financial blockchain applications and dives into Bitcoin's evolving security model as reliance shifts from block rewards to transaction fees. A fascinating look into the future of finance!
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The Bitcoin Super Cycle
- Dan Held coined the term "super cycle" to describe Bitcoin's potential.
- This cycle may differ due to institutional adoption and a macro bear market.
Kraken's Bank Charter
- Kraken received a bank charter, potentially offering new financial services.
- This reduces reliance on third parties and streamlines regulatory compliance.
Yield Opportunities in Crypto Banking
- Tokenized deposits and high interest rates may attract users to crypto banks.
- These rates reflect demand for collateralized borrowing using Bitcoin.