Bankless

Rejecting Bitcoin Fundamentalism | Dan Held

Oct 12, 2022

Dan Held, a prominent Bitcoin educator and former Kraken director, dives into the divisive world of Bitcoin Fundamentalism. He explores the emerging rifts within the Bitcoin community, questioning the rise of extreme ideologies. Held discusses the cultural shift from fundamentalism to a more pragmatic approach, advocating for inclusivity and collaboration. He highlights the historical context of conflicts like the block size wars and the urgent need for improved communication as the community evolves. Tune in for insights that could reshape Bitcoin's future!

01:08:12

Creator website

Episode guests

Dan Held

AI Chapters

Episode notes

Intro

3min

Cultural Reform in Bitcoin: From Fundamentalism to Pragmatism

3min

The Importance of Security in Cryptocurrency Management

2min

Understanding Bitcoin Fundamentalism and Its Cultural Implications

5min

Navigating Bitcoin's Ideological Divide

30min

Navigating Ethereum Scalability and Bitcoin Ideologies

6min

Evolving Narratives in Bitcoin

17min

Exploring Bitcoin's Cultural Landscape and Financial Opportunities

3min

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