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My First Million

#196 with Dan Held - Who Really Created Bitcoin & Other Crypto Startup Ideas

My First Million

Hubspot

Entrepreneurship, Investing, Business

4.82.7K Ratings

🗓️ 2 July 2021

⏱️ 54 minutes

🧾️ Download transcript

Summary

Shaan (@ShaanVP) and Sam (@theSamParr) are joined in this episode by serial Bitcoin entrepreneur Dan Held (@DanHeld). They talk about the Genesis block of Bitcoin, who Satoshi Nakamoto might really be, and the controversy around Tether. They end the episode talking about business ideas in the Crypto space and how to make money in the creator economy. --------- * Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ * Support the pod by spreading the word, become a referrer here: https://refer.fm/million * Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas. --------- Show notes: * (:47) Intro to Dan Held * (3:01) How Dan got his first Bitcoin * (4:17) Will the real Satoshi please stand up * (9:31) Dan's Early Bitcoin days * (15:00) Ideas for the Bitcoin & Crypto space * (21:35) A new kind of private wealth manager * (24:43) The controversy around Tether * (31:28) Bitcoin security and multi-signature wallets * (36:31) Growth hacks to build your audience * (40:41) Monetizing in the creator economy * (46:44) Laser eyes and memes

Transcript

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0:00.0

If you told me that it makes him personally $30 million spread evenly over the next 10 years,

0:06.1

I wouldn't be surprised.

0:19.8

All right, what up? Sean here. We got Sam and then we got special guest Dan Held.

0:24.1

V Dan Held from Bitcoin Space and on Twitter, you probably see him around. I told my brother

0:29.4

in law that you were on the pod today. He was very excited. I've told him about every guest so

0:34.5

far and you got one of the biggest reactions. He was a, I think he's a paid subscriber to your

0:38.8

newsletter or something like that. So he's very into you. And on the other hand, I think Sam

0:43.3

has no fucking clue who you are. So I think it's a perfect mix. I know some stuff about you,

0:48.2

Sam knows nothing about you and I think it'll be fun for that person.

0:51.8

I only know that Sean says that you're cool and you're at Bitcoin. I know nothing about you.

0:57.7

We got an hour to figure it out. Whatever one of us proposes a guest, it's like you put that guest,

1:04.6

it's like you have to go take the stand and have it oath that this person's going to be good and

1:08.8

then you better be able to lawyer up and defend why this person's a guest. And so he'll every time

1:13.1

you mentioned the name to me, I'm like, why the fuck are we having that person on? And then he'll

1:16.6

like defend it. And then Sam here, I was like, no, no, this is going to be going to be interesting

1:20.2

because couple, I think a couple of reasons. We should talk about crypto and then we should talk

1:24.6

about, I think like kind of like building your personal brand because you've done a really good

1:28.2

job of that. And so we'll do both of those during this, during this convo. All right, quick

1:34.1

back to tell you about another podcast that we're interested in right now. HuffSpot just launched

1:38.4

a Shark Tank rewatch podcast called Another Bite. Every week the host relived the latest and greatest

1:44.2

pitches from Shark Tank from Squatty Potty to the Mench on a Bench to Ring Doorbell. And they

1:49.8

break down why these pitches were winners and losers. And each company's go to market strategy,

...

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