The Ledger

Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.

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why aren't all 22 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable

Opinion
Dan Held: Claims that Tether pumps Bitcoin's price are completely unfounded
“People hypothesize like Tether is being used to pump Bitcoin. I think that's completely unfounded. It was based on a University of Texas research report, which I don't even know if you could call it fucking research, but it was like a research report where the…”
Dan Held Jul 2, 2021 ▶ 27:41 Who Really Created Bitcoin & Other Crypto Startup Ideas | My First Million #196
Opinion
Dan Held: 50% chance Hal Finney was Satoshi, 20% chance the NSA
“This is super tough, but maybe like 50% Hal Finney 30% Nick Szabo and 20% NSA.”
Dan Held Jul 2, 2021 ▶ 8:53 Who Really Created Bitcoin & Other Crypto Startup Ideas | My First Million #196
Insight
Held: Content quantity matters more than quality when growing an audience
“I think that was like the really big breakthroughs for me. It's not quality, it's quantity. It's about always having content there for them to consume and building that habit. And then over time you focus on quality”
Dan Held Jul 2, 2021 ▶ 38:27 Who Really Created Bitcoin & Other Crypto Startup Ideas | My First Million #196
Opinion
Held: Bitcoin Is Built to Disrupt Central Banking, Not Visa or PayPal
“Bitcoin wasn't here to disrupt a Visa or PayPal. Bitcoin is here to disrupt the existing financial system and central banking.”
Dan Held Jul 2, 2021 ▶ 4:48 Who Really Created Bitcoin & Other Crypto Startup Ideas | My First Million #196
Opinion
Dan Held: Satoshi did not invent Bitcoin, he Frankensteined existing technologies
“Bitcoin wasn't a new innovation. It just kind of Frankensteined all these other innovations together, and that's how Satoshi built Bitcoin.”
Dan Held Jul 2, 2021 ▶ 5:58 Who Really Created Bitcoin & Other Crypto Startup Ideas | My First Million #196
Insight
Held: Crypto wealth advisory must use subscriptions, not AUM fees
“It's a services company and you can't take BIPs on AUM. That's like an old way to do it. You'd have to figure out some sort of new model that's maybe more subscription or something like that.”
Dan Held Jul 2, 2021 ▶ 21:16 Who Really Created Bitcoin & Other Crypto Startup Ideas | My First Million #196
Insight
Held: Missing a day of tweeting loses algorithmic relevancy on Twitter
“Consistency, I think is the number one thing that people forget. I have not missed tweeting a day in three years. If you do, you lose your spot in the relevancy engine with Twitter.”
Dan Held Jul 2, 2021 ▶ 37:31 Who Really Created Bitcoin & Other Crypto Startup Ideas | My First Million #196
Opinion
Held: Traditional wealth managers cannot service crypto-wealthy clients
“The existing private wealth managers and multifamily offices have no idea of how to service crypto, wealthy crypto folks.”
Dan Held Jul 2, 2021 ▶ 15:43 Who Really Created Bitcoin & Other Crypto Startup Ideas | My First Million #196
Disclosure
Dan Held: My net worth is over 100% in Bitcoin via leverage
“Technically I'm over 100% of my net worth in Bitcoin because I took a small leopard position back when Bitcoin was 7000 dollars at the bottom of the cycle. Because I believe that Bitcoin, you know, in a bull run obviously appreciates. So I technically over a h…”
Dan Held Jul 2, 2021 ▶ 18:49 Who Really Created Bitcoin & Other Crypto Startup Ideas | My First Million #196
Assertion Supported
Held: GRAT trusts allow crypto transfers without triggering taxable events
“For example, there's a trust called a GRAT. A grat is a great way to pass on your crypto to your son, daughter, et cetera, a partner without any taxable event occurring.”
Dan Held Jul 2, 2021 ▶ 21:39 Who Really Created Bitcoin & Other Crypto Startup Ideas | My First Million #196
Assertion Supported
Held: Almost 50% of MakerDAO's collateral is centralized stablecoins
“Well, almost 50% of its collateral is centralized stable coins.”
Dan Held Jul 2, 2021 ▶ 25:48 Who Really Created Bitcoin & Other Crypto Startup Ideas | My First Million #196
Insight
Held: Content serves as modern MVP before building products
“It's very low effort to find your MVP versus before you had to go buy a warehouse and start producing things. You just produce content. And if that content resonates and people click and want to figure out what products you'd recommend for them, Then you can g…”
Dan Held Jul 2, 2021 ▶ 49:48 Who Really Created Bitcoin & Other Crypto Startup Ideas | My First Million #196
Opinion
Held: Bitcoin's 21 million hard cap solves bad central banking policies
“I really dug the twenty one million hard cap as a solution to bad central banking policies.”
Dan Held Jul 2, 2021 ▶ 3:20 Who Really Created Bitcoin & Other Crypto Startup Ideas | My First Million #196
Assertion Supported
Dan Held: Apple's early App Store inherited iTunes's 255-character title limit
“Apple at the time when they really originally built the app store, they forked it from iTunes. And so there's an old character limit that they had for titles of songs, which is 255 characters, but they also allowed that character limit for app titles.”
Dan Held Jul 2, 2021 ▶ 13:28 Who Really Created Bitcoin & Other Crypto Startup Ideas | My First Million #196
Disclosure
Held: I personally know at least 10 crypto billionaires
“I would say off the top of my head at least 10.”
Dan Held Jul 2, 2021 ▶ 16:54 Who Really Created Bitcoin & Other Crypto Startup Ideas | My First Million #196
Disclosure
Held: Kraken growth marketing jobs require no crypto experience
“I actually put in my job descriptions for my growth marketing team, no crypto experience required.”
Dan Held Jul 2, 2021 ▶ 20:39 Who Really Created Bitcoin & Other Crypto Startup Ideas | My First Million #196
Assertion Supported
Held: Kraken Has Operated for 10 Years Without Being Hacked
“Kraken's been around for 10 years and has never been hacked.”
Dan Held Jul 2, 2021 ▶ 30:41 Who Really Created Bitcoin & Other Crypto Startup Ideas | My First Million #196
Assertion Supported
Dan Held acquired 25,000 YouTube subscribers in six months with unedited videos
“I've stood up a YouTube channel. I've got 25,000 subs in six months and I just shoot one continuous shot. I don't even edit it.”
Dan Held Jul 2, 2021 ▶ 38:41 Who Really Created Bitcoin & Other Crypto Startup Ideas | My First Million #196
Insight
Dan Held: Memes derive their viral power from compressing whole narratives into images
“Like it's narrative compression at its finest. It's taking a whole narrative and compressing it into one image. And I think that's why it's so powerful as a transmission.”
Dan Held Jul 2, 2021 ▶ 47:00 Who Really Created Bitcoin & Other Crypto Startup Ideas | My First Million #196
Disclosure
Dan Held built a personal distribution engine branding Bitcoin memes on Giphy
“So I started to make, I saw their strategy for eToro and I made that for myself. So I took like the most popular Bitcoin memes and then wrapped it in my own black and white design to where you could search like Dan Held and you'd see a bunch of black and white…”
Dan Held Jul 2, 2021 ▶ 48:29 Who Really Created Bitcoin & Other Crypto Startup Ideas | My First Million #196
Disclosure
Dan Held first got into Bitcoin in 2012 via a Casascius coin
“So I got back in 2012. My buddy paid me back for a beer with something called a Casatius coin.”
Dan Held Jul 2, 2021 ▶ 2:54 Who Really Created Bitcoin & Other Crypto Startup Ideas | My First Million #196
Assertion Supported
Held: Mt. Gox represented 90% of crypto trading volume
“Mt. Gox represented 90% of trading volume.”
Dan Held Jul 2, 2021 ▶ 27:11 Who Really Created Bitcoin & Other Crypto Startup Ideas | My First Million #196
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