I discuss what is Bitcoin, its strengths, possible risks, potential other blockchains, and its path ahead with Dan Held, growth lead at Kraken.
Dan Held on Twitter: https://twitter.com/danheld
Dan Held Substack: https://danheld.substack.com
https://www.youtube.com/channel/UCsXmJLugF3fwjzc-Qnoi5lQ
Timestamps:
00:00 - Intro
00:40 - Tesla buying BTC
4:55 - BTC as gold 2.0
6:45 - Satoshi's white paper
9:30 - Why BTC has not evolved to a payment system
11:50 - Metaverse currencies
15:07 - BTC's proof of work
20:55 - BTC vs other cryptocurrencies
24:13 - BTC vs centralized crypto
31:48 - What's the point of BTC?
37:40 - Is BTC too deflationary?
43:33 - BTC dumping risk
48:54 - Existential risk for BTC
57:25 - Corporations more powerful than nations?
1:04:00 - Can BTC encryption be cracked?
1:16:45 - Explanation of BTC as a "risk-free" asset
1:24:25 - Demand for BTC's effect on price
1:30:00 - BTC risk from other cryptos
1:50:50 - Kraken growth
1:54:50 - Conclusion
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