Dan Held

speaker
605 appearances 1 recordings 1 series first heard Jul 2026 last heard 13 Jul

Dan Held’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
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Recordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.

Appearances

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I take that point.
Yeah.
So, you know, I would say privacy, of course, is something I strive for.
Like, I think that's a great value to have.
But you cannot have perfect privacy on an L1 and auditability.
And Bitcoin's core value prop is around the $21 million hard cap being a credible monetary policy.
That's why it makes for good sound money, not its rate of inflation or deflation, but the fact that we can trust that $21 million won't be changed or has a high credible chance that it won't be changed.
Totally.
And, you know, we look at the market cap of Zcash and these other coins, and they're tiny.
So, like, how much do users truly value privacy?
I think it's quite low.
Even though I wish from a libertarian perspective that people would care.
More people valued it.
They don't.
You know, and so I also wrote about this in 2020.
It's called Bitcoin Privacy.
Is it the article I wrote on my blog?
Let's say we had perfect privacy on Zcash or Bitcoin.
And we didn't have any auditability flaws.
Okay, so I spend it on various activities and I buy a house.
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