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Paying 10–15 percent to hacker is better than full loss, Dan Held notes

Paying 10–15 percent to hacker is better than full loss, Dan Held notes
Blockstream paid 10–15 percent hacker fee

Dan Held, bitcoin educator, comments that Blockstream was fortunate to pay only a 10–15 percent fee to a hacker.

He suggests this outcome is preferable to losing 100 percent.

Held has previously commented that rational debate is often ineffective in Bitcoin energy controversies. He has also argued that the specific purchase price of Bitcoin matters less for investors focused on the long term, emphasizing that owning Bitcoin is more important than timing the market, according to earlier remarks. His recent statements follow continued discussion around security and investor strategy in the cryptocurrency space.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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