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Dan Held, bitcoin educator, argues that a lack of trust in banks, people, and government drives the need for Bitcoin.
He suggests that Bitcoin is necessary because these institutions cannot be fully trusted, and positions Bitcoin as a solution in a world where trust is limited.
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Held has previously challenged prevailing financial theories, contending that bubbles and corrections are mathematically impossible in the blockchain era in one analysis. He has also highlighted the resilience shown by crypto investors who withstand hacks, scams, and exchange failures in a separate commentary. These views build on his argument for Bitcoin as a trustless system.