On the mic
Summary
In this May 28, 2024 episode, hosts Dave @DCBK2LA and Kool @koolcryptovc opened with excitement about on-chain AI agents from an earlier Hermetica space. Bread @_ToastMalone explained agentic systems, Crew AI and AutoGen Studio, with use cases like an agent trading HiveMapper token rewards to pay for car insurance. HeroGamer @herogamer21btc gave an overview of a community-driven Stacks grants round. Voice C described how AI could deploy and monitor contracts and pointed to free cloud tiers as a way to build at almost no cost. The market segment covered flat BTC and ETH prices, celebrity and meme tokens, Phantom Wallet topping the app store, and doubts about HTX passing Coinbase in spot volume, since exchange volume is not on chain. Kool argued the regulatory mood has turned fast since FTX, called the Treasury claim about Russia using USDT a narrative to control Tether, and talked about BlackRock and the faded ESG criticism of Bitcoin, before Voice C worked through satoshis-per-user math for a billion users and the show closed with a giveaway recap and headlines. All of this is discussion, not financial advice.
Chapters
One third of US voters weigh candidates' crypto stance, and the speed of the turnaround since FTXMomentAt 0:35:23 on X
Headline roundup and closing, including the Alex Lab vote and the Mt. Gox transferMomentAt 1:02:35 on X
Key quotes
“So for the most part, it's pretty community decided, community driven.”
HHeroGamer⚡0:07:42Share on X
“So I I I always try to adapt to changes. If you don't, you're gonna be left behind.”
Kool0:12:22Share on X
“it's very easy to spin up a 100,000 wallet addresses in a matter of an hour”
Bread0:16:42Share on X
“we're we're building the foundation for what will be known probably five, ten years down the road as, you know, data supply chain management.”
“It is when. It's not it's not if. It's just a matter of when.”
Excerpts
Opening: AI agents deployed on chain, carried over from the Hermetica space
- 0:00:39 Dave Cool. You'll never fucking believe this shit. I feel like a kid in a candy store. Bro, the crazy shit... Brett, get up here. The crazy shit that we just listened to in a Bitcoin space, bro, It was It Why Was
- 0:01:36 Dave Oh, yeah. It's been it's been a little bit crazy, but I wanna
- 0:03:42 Dave Walt, I need you to throw some emojis up. We are... We're pretending right now.
Stacks grants round two and the community-driven selection process
- 0:07:19 Dave Nice. Well, Hiro, I wanted you to get... Just kinda come up quickly, and if you could, give us some quick some quick updates as to what's going on, like, in the stacks and the d grants world. I saw a post from you the…
- 0:07:42 HeroGamer⚡ Sure. So, historically, grounds are very centralized program. We are flipping that around. So the community... I guess, like, first, begin with trusted communities, and they help to facilitate the decision and support…
Market check: BTC and ETH flat, a quiet day
- 0:08:35 Dave Let's go. I love hearing that, man. Good stuff. Appreciate it. Thank you, Hero. Feel free to obviously chill, hang out on stage here, like, if there's anything that we... That you can comment on. We're gonna get into…
Celebrity crypto spaces, celebrity tokens, meme coins and Phantom Wallet
- 0:09:46 Kool Alright. So I'm not okay. Okay. I'll talk about that in a second, but I just wanna tell you guys something right now, which is absolutely crazy. I don't know what's going on, man. But Caitlyn Jenner is actually hosting…
- 0:10:08 Kool all all those spaces being held. I'm like, Caitlyn Jenner is holding a crypto space. I... Yo. I... Yo, man. This '2... 2024 has been nuts, man. I thought I thought 2023 was crazy with the FTX madness, all that. This is…
- 0:12:12 Dave Right. Yeah. I was gonna I was gonna say cool. We start the show every time with meme tokens, and she samurai is here too. She's ready. She's probably gonna kill us, bro.
HTX surpasses Coinbase in spot volume, and whether off-chain volume is legit
- 0:14:15 Dave Yeah, bro. And and you wanna know something? Like, just when I think, like, oh, like, that'll never happen. Like, just when you... I start... You... When you start getting comfortable... Excuse me. Had to sneeze. When…
- 0:15:52 Kool Yep. So so I'll I'll I'll take this, and I'll give it to you, but this real quick. I just wanna say how be exchanged. It's... They have they have offices in Hong Kong, South Korea, Japan, and The US, but mostly, this…
Inflated web3 metrics and why user retention matters
- 0:16:42 Bread Yeah, man. I think that it's a it's a problem that, like... I mean, it it especially plagues, you know, web three gaming, you know, with, inflated numbers for DAUs or daily active users. Right? I don't think that it's…
Crew AI and AI agents with on-chain identity on Stacks
- 0:18:04 Dave Great point, bro. Great. Great. Great point. Yeah, man. I I don't know. Like, it's... To me, I just see it as but how do you... But how would you... You wouldn't even be able to put stuff on chain. I mean, granted…
- 0:19:54 Kool No. So it's it's... I don't know, man. I think it's fascinating. I've actually never heard of this before until you mentioned it today. So I don't know what I don't know what to think of this, man. She... So…
- 0:20:25 Dave Yes. That's it. Like, what they're doing, bro, on the page, you could literally do everything from creating a landing page, putting up an Instagram post. I mean, you name it. But on chain, they could probably do…
How agentic systems work, plus the HiveMapper and car insurance use case
- 0:20:50 Bread Yeah, man. A couple that we've been, like, developing. Right? So, like, bit... Like, bottom bottom level, right, in a... Agentic system is a series of a bunch of little mini, like, GPTs. Right? But instead of being…
- 0:24:20 Kool you think? I mean, I'm in shock, man. I'm in shock. I'm in shock because I I I haven't heard about this before. It is mind blowing, the way you just said and the potential of it. I... I'm speechless, man. Seriously.
- 0:24:51 Bread Yeah. Yeah. Yeah. I'll I'll I'll I'll find... I'll put a link in the comments because it essentially allows you to make these agents that can do various different tasks, and then you can clump them together to be like…
AGI, AI-deployed contracts and on-chain safety monitoring
- 0:26:49 Dave Got you. Got you. Got you. What's up, my man? How are you, bro?
- 0:29:13 Dave Amazing. Amazing. Sorry. I let that troll up real quick. My fault if anybody saw that. I always tried to be quick. I was like, oh, zero followers. My bad. Yeah. I mean, I'm just literally... I'm so I'm so in that…
- 0:31:44 Bread It's... It... It's it's easily done with just factory smart contracts. You know? And as long as, like, you make a delegate call from, like, your agent has a wallet address so it can interact with any of the smart…
Free cloud tiers for hosting AI projects
- 0:34:08 Bread Yeah. Dude, I was gonna say, I think, like, if you go to... A crew might have them, but I know, like, Autogen Studio. I posted that link too. Like, there's basic agentic systems where it's like, book a vacation for me…
One third of US voters weigh candidates' crypto stance, and the speed of the turnaround since FTX
- 0:35:23 Dave He... For the record, he doesn't own Potato anymore. Although that would have been a money, like, slip and chill, by the way. Very nice. Very slick. Yeah. Alright. We could table this for now. I obviously don't wanna…
- 0:36:14 Kool Yeah. Just one week. Yeah. It's just... This is the... You know, that... This is how fast this move. What's crazy is I was I was... I listened to he he was... I think he's a fund manager or Wall Street guy, and he…
Treasury claim that Russia uses USDT to bypass sanctions
- 0:40:09 Dave Right. Hold on. Cool. I wanna ask you this now, though. Right? Being that you say that... Right? We're all talking now is, like, how fast we're moving and, oh, like, how things turned around really quickly. There's…
- 0:43:34 Kool the biggest people in in... That's not for crypto. She's trying to kill kill our industry. Right? She was openly on the 7th Floor talking about North Korea was you... Was hacking crypto exchanges to fund their nuclear…
- 0:44:45 Kool See that? Yeah. Yeah. Listen. 2020... And remember, 2022 was the bearish year. So what what happens in
The ESG narrative, BlackRock and why the Bitcoin energy criticism faded
- 0:45:48 Bread Yeah. Something cool mentioned that is, like, totally I I forgotten about was the fact that, like, before the ETFs and before BlackRock came in and before all of these, you know, giants started buying up the market…
- 0:46:16 Kool Bro, DC. Come on, man. You know how the game is played. Right? So... Okay. They they... But BlackRock let the charge for the the ESG movements. If you guys don't wouldn't know where that is, the ESG movements is…
- 0:49:10 Kool Like I said, BlackRock works in a way where they buy everything. They buy everything up, and they make sure the average person can afford it, like, right now. So people saying Bitcoin going back down to 30 k. They…
Satoshis per user if Bitcoin reaches a billion users
- 0:53:20 Kool Yeah. I love that take, man. I I I agree with you. I think over time, I think the Bitcoin ecosystem is still so new. They... There's gonna be more wallets. There's gonna be more off ramps, on ramps into Bitcoin ex…
- 0:59:23 Dave Yeah. I I know we got a little bit of a late start today, but that was just a mismanagement on my part. And I also set, like, a... I have a 05:15. Well, we can go a little bit past five. Like, that... That's totally…
- 0:59:38 Kool to get to? Yeah. Yeah. No. We we could end in next ten minutes. Let me let me do this, you know, because you need to... I don't wanna hold you up, man. Like, Dave Dave is a busy dude, man. I'm I'm busy, but Dave... I…
Headline roundup and closing, including the Alex Lab vote and the Mt. Gox transfer
- 1:02:35 Kool projects, and and, you know, it's it's really cool, man. Different takes... I'm big on the Solana ecosystem or in the ETH ecosystem. So the lesser ecosystem, Dave is big on the Bitcoin l 2, Bitcoin ecosystem. So a lot…
- 1:06:23 Dave I I appreciate you, Cole. Thank you for the fucking flowers, my boy. And, also, everybody, like, check out... Like, there's so much going on out here. We had a a meeting this... An AMA this morning with Alex Lab for…
- 1:07:25 Kool about it. Need I need I need to get, I need to get some some some stuff you're old in, man. I I've been getting involved. I know Dave is the old. I need to... I don't know. There's something going on over there, man. I…
Short excerpts from the auto-generated transcript. Listen on X for the full show.