Dan Held

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Dan Held

Dan Held

@danheld

Investing in Bitcoin. Space. Cryo. Prev: Head of Marketing @Krakenfx | Growth @Uber @Blockchain.

NYC/Austin 参加日 Temmuz 2013
1.1K フォロー中906.3K フォロワー
Roko 🐉
Roko 🐉@RokoMijic·
Imagine a swarm of 100 of these, all with explosive payloads, attacking you from all directions and elevations at 400 km/hr. That is the ultimate drone defense challenge and I think you need some kind of rapid fire AI controlled gun battery to succeed. You probably have 3 seconds to shoot in total.
Samuel Cardillo@CardilloSamuel

direct kinetic impact. a flying sword. 450km/h. updated video showing exactly that. we're also working on the explosive variant. only for authorized partners. dms are open.

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Chun
Chun@satofishi·
Most BIP-110 supporters are losers, and their spiritual leader, luke-jr, is no exception. He lost all his bitcoins due to a key compromise. They follow a cult or a religion called Bitcoin Maximalism, which has devolved Bitcoin from a revolutionary economic theory into a performative religion led by “prophets” who fail to follow even the most basic commandments. Bitcoin Maximalism is a cult of losers. By labeling every attempt to scale or enhance Bitcoin’s utility as a “shitcoin” attack, they use religious shaming to hide their intellectual laziness. They rely on toxicity as a shield because they can no longer compete on the merits of innovation. While the rest of the world builds decentralized finance, privacy layers, and global payment rails, these fundamentalists spend their time gatekeeping the “temple,” trading an engineering mindset focused on solving problems for a clerical mindset focused on enforcing rules. Bitcoin must not be a “currency” that is too holy to be used, too rigid to evolve, and led by people who can’t even secure their own keys. Bitcoin must not be a digital cult or a religion.
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Dan Held
Dan Held@danheld·
@Timccopeland That’s why every fiat currency has maintained a peg right? Right?
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Tim Copeland
Tim Copeland@Timccopeland·
Been thinking about this for a while. What if you created a stablecoin that was pegged to $1 but instead of inefficiently locking up loads of capital, you back it with a second token I know it sounds kinda risky but if it drops below a dollar, people can burn the other token and redeem it for the stablecoin. If it goes above a dollar, they can just sell the stablecoin and redeem it for the other token. I feel like this might work if it captures a flywheel and builds up a sufficient ecosystem to support the daily buying and selling pressure + arbs. What am i missing here?
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Dan Held
Dan Held@danheld·
SpaceX valuation then: $200B SpaceX valuation today: $1.25T SpaceX proposed IPO valuation: $1.7T My 2035 target? $30-50T.
Dan Held@danheld

@Leishman 💯 SpaceX will be the most valuable company in all of human history.

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Brian Armstrong
Brian Armstrong@brian_armstrong·
Getting old shouldn't be viewed as inevitable, just because it happens to everyone. It's a disease that kills over 100,000 people a day, and hopefully it will be optional in the future.
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Alexander Leishman 🇺🇸
SpaceX is quite literally 20 years ahead of the competition. The monopoly they have would be the envy of John Rockefeller.
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Dan Held
Dan Held@danheld·
@Albright_MXM Go ahead and short it. Completely differently businesses and growth trajectories
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Albright
Albright@Albright_MXM·
For context, Google has a $3.5T valuation, roughly double SpaceX intended IPO valuation. Google’s 2025 revenue was $400B, compared to SpaceX $15B, and the gap is too wide to justify such an insane valuation for SpaceX. SpaceX’s last private funding valued it at $400B, while xAI was valued at $210B. Realistically, the IPO valuation for SpaceX shouldn't be more than $750B. Would be shorting spaceX at IPO.
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Ragnar
Ragnar@RoaringRagnar·
@danheld Agreed. Potentially a lot more if they merge with Tesla 👀
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ZeroAlpha
ZeroAlpha@BabaBubika37193·
@danheld “open” until you disagree with the narrative then suddenly the doors close fast
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Dan Held
Dan Held@danheld·
Silicon Valley is the most open place in the world not to speak your mind.
Invest Like the Best@InvestLikeBest

Patrick Collison tells people in their 20s to not move to San Francisco. William largely agrees with him. He thinks SF has a consensus problem and has removed the risk from becoming a founder: "I'm a product of Silicon Valley. I started Plaid back in 2012. I've been there since I was 21, and it's very easy to stay in Silicon Valley. But you can start to get isolated and get very consensus focused. San Francisco is probably the most consensus place I've ever been to. That is both a huge crutch for us, but it's also probably the most valuable asset. As a founder, if you're building in something that SF believes is very consensus, but the world does not believe yet, that's actually a great operating environment. That's why Silicon Valley and SF are so dynamic and we're so in front of the curve. But we also have completely lost touch with how the rest of the world operates. Even how the everyday American operates. So I think it's very important to go to places that don't have that same bias. If you think about emerging markets specifically – the founders who build there, they're the everyday people, they live in this constrained society. They're constrained in a way that San Francisco and New York isn't. And that breeds a different type of creativity, it breeds a different type of innovation that you really can't get anywhere else. If you go to talk to people in London or Vienna or San Francisco, people are living in a world of abundance. And that causes a very specific creation cycle. SF and Silicon Valley are probably more akin to Wall Street in the 1990s than they are like a research lab in Cambridge in like the 1950s. Maybe that was Silicon Valley in the 90s, but it's not anymore. You talk to a 23-year-old and assuming you're like moderately competent and went to the right high school and college, you're going to get a $3 million seed round. And worst case scenario, you can go work at like a great company as an engineer and you'll have "founder" on your resume. There is no risk in that proposition. If you go back to pre-2008, you're on the edge of the knife, and I think that creates just so much intensity in creativity and fear that is such a critical part of the founder journey. Starting companies is just too f**king safe, and it's caused a lot of companies to be super safe companies -- like we're going to pivot to AI and wrap OpenAI/Anthropic. That's not bold, that's not ambitious. And it's because we are attracting founders that actually want to be employees. They don't think and say "if I don't pull this off, I'm going to become bankrupt. My life is over." I think that's pretty healthy. That's when you bring out the rawness of humanity. And I don't see that very much anymore."

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Dan Held
Dan Held@danheld·
@elonmusk It used to be horrible. 2 weeks for the first 8 yrs of the App Store
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Dan Held
Dan Held@danheld·
@SteaknShake What % of your sales are from Bitcoin and how has that trended over time?
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Steak 'n Shake
Steak 'n Shake@SteaknShake·
Ten months ago today, Steak n Shake launched its burger-to-Bitcoin transformation. Bitcoin payments are faster and saves us money! We have reinvested savings into product quality. Our Strategic Bitcoin Reserve also funds Bitcoin bonus pay for our employees. Our same-store sales have risen dramatically ever since we launched Bitcoin payments. Thank you Bitcoiners! 🧡
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Austin
Austin@austin_dague·
@danheld I'll take the under. That would be absurd
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Albright
Albright@Albright_MXM·
@danheld They barely generate $15B in revenue yearly. It's just another overvalued company out there
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Dan Held がリツイート
Shinobi
Shinobi@brian_trollz·
LOLOLOLOLOLOLOLOLOLOLOLOLOLOLOLOL
Shinobi tweet media
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Dan Held
Dan Held@danheld·
@Gwarat Yes in 2021. Sold most of my kraken equity and flipped it into SpaceX after spending a year researching it
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Gw
Gw@Gwarat·
@danheld Did you invest?
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