Dan Held

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

And certainly we would have seen that in the code.

Yeah, I think what you're referencing is what are the KPIs that we would have initially set up to determine?

And KPIs, for those who don't understand what that means, it's a tech term to stand for key performance indicators.

What KPIs would we have set up to represent the success of the Bitcoin network?

Now, having done this both at Kraken, Uber, and since leaving Kraken, I've had 15 fractional CMO clients.

So like I do this OKR KPI process more times than almost probably anyone my age.

Setting proper KPIs is really difficult, right?

It's not just measuring every single metric we could, right?

Because it could be hardware wallet ownership.

It could be a private key management, like how many people are self-custodying their assets.

Usually what we try to do when we create KPIs is we try to distill them down to the really core key metrics that represent success.

That's why it's called e-performance indicator.

It's not a measurement of all metrics.

I would say first and foremost, a nice compression of all of those metrics together is Bitcoin's price because the price represents the aggregate belief that it is a new digital gold or sound money.

So the price is a one way hash function of all of the collective belief in it.

And that's what the price represents.

So that I think is the number one KPI because price also loops into everything else.

It's adoption, it's liquidity, it's resilience, it's narrative, it's all these things combined.

So price first and foremost would be probably the top KPI.

From there, you know, obviously self-custody is a hugely important issue.

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