RATE Group | Planting Bitcoin: Species – CoinDesk
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Planting Bitcoin: Species – CoinDesk

Planting Bitcoin: Species – CoinDesk

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Dan Held is the founder of crypto portfolio service Picks & Shovels. He previously founded data service ZeroBlock, which sold to Blockchain, and served as VP of product at ChangeTip. 

This exclusive opinion piece is part of CoinDesk’s “Bitcoin at 10: The Satoshi White Paper” series.


Bitcoin’s origin is akin to planting a tree.

It wasn’t just Satoshi’s selection of the species (code), but the season (timing), soil (distribution) and gardening (community) that were essential to its success. It had to grow to be strong, mighty and huge. It had to survive droughts, storms and predators. Its deep roots had to support the weight of becoming a new world reserve currency.

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