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 over the last 12 months — 1 in all, peaking in Jul 2026 with 1.

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Bankless · Is Bitcoin Going According to Plan? Gold, Saylor, Satoshi | Dan Held · 13 Jul 2026 podcast

is do people believe more in gold or more in Bitcoin?

And like I said before, this goes back to a generational divide over, you know, world boomers adopt this as they die off.

Millennials and Gen Xers bought into Bitcoin a lot more.

We start to set policy for different sorts of institutions, both banks and the Fed, etc.,

So through these, I'd say, gradual lifetime sort of generational adoption cycles, that's when we should see gold flipping, Bitcoin flipping gold.

I mean, gold is a pretty boring asset.

Not many Gen Xers, Gen Z, and millennials buy gold.

I mean, it's considered kind of a boomer thing.

So...

As boomers, which are basically the only gold bugs left, as they die off, I do see gold's value or gold's perception of being a store of value assets slowly fade away, especially as well with SpaceX.

SpaceX, as Starship program improves and the tonnage that goes to space improves,

There will be extremely credible opportunities to mine asteroids and return that gold back to Earth in a way that is economically doable.

All gold on Earth is from asteroids.

So, you know, once we see that become more tangible and people start to price in that future expectation of asteroid mining becoming real, then gold really has a crisis of faith where its supply becomes largely irrelevant.

That will happen in our lifetime.

So that's where I think 10 to 15 years is when we see the slipping of gold because that future expectation of 30 years from now starts to get priced into today.

I don't think a lot of people really rock how big Starship will be in terms of basically what Elon's doing is he's mass producing spacecraft at such a huge scale that space travel will be as reliable and as cheap as airplane travel.

I mean, the consequences of that are so enormous.

And when it comes to gold, it's a very detrimental consequence because with gold mining, you know, on asteroids, you know, one asteroid, I forget, it has like $4 quadrillion worth of precious metals.

You know, just harnessing one of those asteroids would essentially, and all you have to do is land a, you know, a small craft that has additional thrust and it can slowly push that asteroid towards Earth.

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