He recounted the 2017 Bitcoin Cash fork, describing it as “a civil war...brother against brother.” But unlike that contentious split, today’s evolution is happening without rewriting Bitcoin’s base rules.“No one’s proposing to change the rules of Bitcoin,” Held said.“This is innovation built on top.”To hear the full conversation on The Clear Crypto Podcast, listen to the full episode on Cointelegraph’s Podcasts page, Apple Podcasts or Spotify.
Held and Jenkinson are proponents of building decentralized finance (DeFi) tools on top of Bitcoin, functionalities traditionally associated with blockchains like Ethereum or Solana.“If we could bring [DeFi] back to Bitcoin, then Bitcoin could utilize not just spot speculation...but these other speculative games then would allow bitcoin to grow even faster.” That includes borrowing, lending, and staking, all mechanisms that allow users to interact with Bitcoin beyond simple holding or trading.
Political shiftsWith US President Donald Trump openly backing Bitcoin — and reportedly owning it himself — Held said he sees a regulatory and reputational change. “We have the most open administration toward Bitcoin in the United States,” he said. “It kind of feels weird...
or
Share This Story
Article Details
Author / Journalist: Cointelegraph by Savannah Fortis
The story "Beyond digital gold, Bitcoin’s next chapter is about to be unlocked — Dan Held" has 475 words across 19 sentences, which will take approximately 2 - 4 minutes for the average person to read.
Which news outlet covered this story?
The story "Beyond digital gold, Bitcoin’s next chapter is about to be unlocked — Dan Held" was covered 16 hours ago by Coin Telegraph, a news publisher based in United States.
How trustworthy is 'Coin Telegraph' news outlet?
Coin Telegraph is a fully independent (privately-owned) news outlet established in 2013 that covers mostly crypto news.
The outlet is headquartered in United States and publishes an average of 34 news stories per day.
It's most recent story was published 7 hours ago.
What do people currently think of this news story?
The sentiment for this story is currently Negative, indicating that people regard this as "bad news".
How do I report this news for inaccuracy?
You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
