In response to a recent podcast someone stated, this was one of the best Bitcoin discussions in recent memory. A refreshing perspective on where this rocket started and where it’s going.   This was about a podcast titled The Bitcoin Supercycle with Dan Hel‪d what Bitcoin Did.

Dan Held in the Podcast pointed to how in 2017, the BTC bull run was mainly a retail-driven bull market, with few institutions investing in Bitcoin, due to the lack of infrastructure and regulatory clarity. He also recollected how way back in 2017, Bitcoiners debated the block size, ending with a hard fork, a split in the community and the creation of BCash.

He stated that the current bull market is different. Institutions have woken up to Bitcoin, and Michael Saylor has paved the way for corporations to add Bitcoin to their balance sheet.

Currently, with the unprecedented levels of money printing and reckless policy, the need for hard money that is state resistant is more apparent than ever, per Dan.

Also Dan Held stated, “Never before has Bitcoin had such strong fundamentals against a macro backdrop that highlights exactly why Bitcoin is needed, the narrative is singular, and the ability for global value to flow into Bitcoin has never been easier.”

Stephan Livera, podcaster pointed to how new coiners need to learn to HODL.  He points to the importance of the HODL mindset.  Also users need to remember the mistakes of the past and decide when they need to spend. To know further, users should listen to the podcast Dan Held HODL Mindset and Bitcoin Finances.

Dan Held recently pointed to how “Proof of Work is about physics, not code. Bitcoin is a super commodity, minted from energy, the fundamental commodity of the universe.” He has also published about how Bitcoin mining is efficient.

Dan also pointed to how While Bitcoin was planted during the 2008 financial crisis, it has blossomed largely during a macro bull run. From 2008 – 2020, the traditional financial markets had a few minor corrections but no recession.  Until COVID came.

Dan states that the Covid is Bitcoin’s first real test. And, let to lot of questions like will HODLers be the buyer of last resort? Will Bitcoin go to $0 when the world is on fire? And, what we see now is institutions flocking to invest in the Bitcoin.

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The TCAT team.