“Fire and Brimstone” Bitcoin Maxis Unreal: Dan Hold

 

 

Dan Held, a prominent crypto influencer, believes that bitcoin followers can benefit from being more open and less dismissive of others’ crypto options.

Held, a marketing consultant for Trust Machines and former head of growth and marketing at crypto exchange Kraken, refers to himself as a longtime Bitcoiner but no longer a “radical” – someone who believes Bitcoin is the only digital asset worth investing in.

Having been involved in the crypto community since 2013, Held says he remembers a time when the culture around Bitcoin was geared toward extreme freedom and tied to events like Burning Man, which is based on principles of self-reliance and self-expression.

In the last episode of Decryptgm podcast, Held said he has since seen a difference between Bitcoin advocates on two different sides.

“You reject more of any kind of identity outside of a very conservative identity,” he said. “Then the other, it’s more permissive — let’s build new things on top of Bitcoin, and we shouldn’t demonize people for having other assets.”

Noting that Bitcoin is an unauthorized network – which means that participant participation is not controlled by a central authority such as an administrator – he sees the current tune of Bitcoin’s extreme as something that goes against its original spirit.

“I see one side becoming more and more conservative, demanding purity tests that are somewhat impossible to achieve,” he said. – I think it’s unreal.

According to Held, some of today’s biggest Bitcoin advocates act more as debt members than investors, with some intolerance towards people who just don’t accept investing in Bitcoin. He believes that a softer approach to promoting Bitcoin as a digital asset will be more productive in the end.

His reasoning is that Bitcoin is built around ideals of financial freedom and that telling people how to invest in crypto without some degree of permission is not the best way to go – although Held still believes Bitcoin is a better store of value than a digital asset.

“Some of these more hawkish types are like the preacher outside the casino,” he said, describing radical Bitcoin proponents trying to dissuade people from buying other coins. “The preacher is not wrong, they look a little annoying.”

Held believes it is important to stress the arguments for Bitcoin’s long-term success rather than just defend the cryptocurrency as fervently as possible, specifically trying to pass on potential trade-offs between it and other digital assets.

He said. “I think it’s fire and sulfur for more acceptance, we’re all kind of guilty.”

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