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Kraken’s Dan Held: “Bitcoin, The Biggest Transfer Of Wealth In History”


cryptogazette.com 17 August 2021 18:18, UTC
Reading time: ~2 m

Bitcoin and crypto popularity is on the rise, and this is happening during the great global crisis in the middle of which we are for more than a year now.

Kraken’s director of growth marketing just posted an exciting tweet, and you can also check it out below.

Bitcoin will be the biggest transfer of wealth in human history.

— Dan Held (@danheld) August 16, 2021


Someone commented: “From the rich to even richer folks? And I’m not bearish on #btc I just don’t see how the average joe is going to profit from this. But my mind is open…”

Held responded with the following message:

That makes no sense.

Those who mined and got into Bitcoin early did it in the most fun fair way possible (and most weren’t wealthy). https://t.co/o93Qj5iSUR

— Dan Held (@danheld) August 16, 2021

Someone told the following to Held: “Is it really a transfer of wealth if that wealth is newly created? It’s a change in wealth distribution by more young people achieving new wealth, and a huge increase in wealth opportunities to unbanked people.”

Another follower said that when things like this are said, the implication is the fact that you’d be a fool to sell.

“In fact, you should buy even more. We all get rich because that’s how this works. Convincing people to hold onto their “investment” is the greatest part of the ponzi scheme. I’m just saying,” – this is what another follower posted.

At the moment of writing this article, BTC is trading in the red, and the king coin is priced at $45,670.00.

Bitcoin transactions are the future

MicroStrategy’s Michael Saylor is boosting Bitcoin again, comparing it to Visa. Check out his tweet below.

With Lightning, #Bitcoin is more secure than Visa, can do more transactions than Visa, is more inclusive than Visa, and is far more energy efficient than Visa.#Bitcoin for the 7.8 billion.https://t.co/zo9cWldmBW

— Documenting Bitcoin 📄 (@DocumentingBTC) August 16, 2021

Stay tuned for more news.


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