The Rise of Bitcoin Nations with Dan Held - WBD387
Mr Obnoxious
Peter McCormack
4.8 • 2.7K Ratings
🗓️ 18 August 2021
⏱️ 80 minutes
🧾️ Download transcript
Summary
Location: Remotely
Date: Wednesday 4th August
Company: Kraken
Role: Growth Lead
El Salvador made history by becoming the first country to embrace Bitcoin as legal tender. This bold step to adopt Bitcoin empowers Salvadorians and utilises the network's powerful technology to build a better financial future for the country.
While nation-states adopting Bitcoin has been talked about for a long time amongst bitcoiners, El Salvador found itself in a unique position. The country is a dollarised nation with an incredibly popular leader. As such, President Nayib Bukele passed the Bitcoin Law with ease, but the hard part is still to come.
On September 7th, all eyes will be on El Salvador. So will this bold move be a catalyst for prosperity? And will other nations follow suit?
In this interview, I talk to Dan Held, the Growth Lead at Kraken. We discuss hyperbitcoinisation, El Salvador adopting Bitcoin, living on a personal Bitcoin standard and the regulatory game theory of Bitcoin adoption.
Transcript
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| 0:00.0 | Bitcoin Hodlers across the world I think only number probably 100 to 200 million |
| 0:05.0 | which is awesome. I mean that's that's incredible that we're in the hundreds of millions |
| 0:09.3 | era of Bitcoin Hodlers but I think you know the real game begins at a billion and we're getting close. |
| 0:15.4 | Hello there from Bedford in the United Kingdom, how are you all doing? |
| 0:18.7 | Welcome to the What Bitcoin did podcast, which is brought to you by Gemini, the only place I'm using for buying |
| 0:23.9 | Bitcoin. I'm your host Peter McCormack and today we're going to kick off with |
| 0:27.2 | Ledger the world's most popular hardware wallet. Now hardware wallet allows you to |
| 0:31.9 | take custody of your Bitcoin and I have been a Ledger customer since early 2017 and you know what I'm still using the same nanos I bought back then |
| 0:41.7 | Ledger makes it easy for you to safely manage your |
| 0:44.3 | Bitcoin using their Ledger Life software which interfaces with your device and |
| 0:48.1 | if you are an Android phone user you can connect that to your nanos and manage your Bitcoin on the go. |
| 0:54.0 | If you want to find out more please do head over to ledger.com |
| 0:57.0 | which is L-E-D-G-E-R.com. |
| 1:00.0 | Next up we have Gemini the only place I'm using for buying and selling Bitcoin, but I still have not sold a single sat through Gemini. |
| 1:08.0 | Because we're in a ball market, I am only increasing my stack. |
| 1:11.0 | And I have been using the Gemini app for buying the dips but I also |
| 1:14.5 | set up my DCA with twice monthly buys of Bitcoin and you know what I'm yet to see a |
| 1:19.2 | better or easy interface for buying Bitcoin with a streamlined trading view you have access to all the |
| 1:24.9 | tools you need to understand Bitcoin and start investing and that is all through one clear |
| 1:29.7 | attractive interface. Now if you want to find out more please do head over the Gemini.com which is |
| 1:35.1 | GEMioni.com and next up we have Revolute. Now I've been talking about this for |
| 1:40.5 | quite some time. Lloyd's TSP my bank of over 25 years closed down all of my accounts recently. |
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