Dan Held Dan Held

Prices are the coordinating force of a free market system. Each individual decision-maker can rely on the prices of goods and services to help with their decision making, as the prices themselves are a distillation of all known market information into a single metric. In other words, the compression of all relevant data is ultimately manifested as price (for the more technie minded, it’s a one-way hash function).

- Recent price jump to $11k  
- Bitcoin becoming the risk off trade  
- Scarcity  
- The role HODLers play in Bitcoin  

Don't forget to check out www.blocktv.com, and the original video at https://blocktv.com/watch/2019-06-25/5d1235562c7c5-talking-bitcoin-price-scarcity-with-dan-held

My first weekly segment “HODL with HEDL” where I deep dive into Bitcoin topics!

This week:  

- How volatility is a good thing for adoption of a new SoV currency
- Securing Private keys    
- Quantum computing threats

Narratives constitute part of the reality around us: government, religion, culture, and finance all exist simply because we believe in it (and provides value for those who believe in it). Narratives therefore represent all possible potential states of what our reality is.



With the crypto bear market, the crypto narrative wave function is collapsing. What will remain are the most antifragile narratives.