On the mic
Summary
Dave and Kool opened with Dave's recent work running AMAs and helping projects build. They then turned to the wave of celebrity meme coin launches on Solana, and Kool warned listeners to be careful. The news segment covered Mastercard's crypto credentials service, PayPal launching PYUSD on Solana, and Bitfarms rejecting a $950,000,000 acquisition proposal from Riot. ForTheCulture.algo asked about an airdropped token in Xverse, which led to a walkthrough of how runes differ from the Runestone and why Bitcoin inscriptions live on chain. Later segments covered API3 and oracles, real world assets, Bank Social on Hedera, why airdrops are being delayed, and an airdrop tracker demo. The show closed on teaching kids about financial freedom early. All of this is discussion, not financial advice.
Chapters
Dave on building DEXs and AMMs, an upcoming AMA with forty two DAO on Bitcoin Cash, whales and liquidity, and a teaser about emoji meme trading on TelegramMomentAt 0:04:44 on X
Celebrity meme coin launches on Solana and why Kool says this is just the beginningMomentAt 0:10:29 on X
ForTheCulture.algo's airdropped token leads to a teaching moment on runes vs RunestoneMomentAt 0:35:32 on X
Voice E on the Gora oracle, wallet-based credit scores, and real estate liquidity poolsMomentAt 0:56:30 on X
NatNat on Bank Social, credit unions, and Hedera; OpenSea's chain integration and its decline; the DREC Alliance for key recoveryMomentAt 1:07:35 on X
Kool demos an airdrop tracker and describes his multi-wallet farming routine, then talks about teaching kids finance earlyMomentAt 1:15:12 on X
Key quotes
“This movie, we've seen it before. This is deja vu, man.”
Kool0:25:34Share on X
“So runes are fungible tokens on Bitcoin.”
Dave0:38:13Share on X
“It's not about money, money, money. It's really about, financial freedom.”
Excerpts
Dave on building DEXs and AMMs, an upcoming AMA with forty two DAO on Bitcoin Cash, whales and liquidity…
- 0:04:44 Dave Thank god, man. I'm good. Everything is good. I've been crazy, crazy busy, man. Let me tell you something. I'm I'm starting to see, like, the other side of crypto. What I mean by that is, like, you know, I started…
Celebrity meme coin launches on Solana and why Kool says this is just the beginning
- 0:10:29 Kool Yeah. Today's been relatively quiet depending on where you are. Right now, I don't know if you... Like I said, my timeline is absolutely crazy right now. One of the biggest music... Musical artists artists in in Africa…
Mastercard crypto credentials service and PayPal launching PYUSD on Solana
- 0:13:29 Dave Got you. Well, I mean, look. There's no shortage of news at the end of the day. Right? There's always gonna be news. We can even kick it off with this because I'm still trying to figure out what what what service this…
Kool on PYUSD competition and why Solana ecosystem tokens are the play
- 0:17:47 Kool I think it's it's it's it's a big deal. A big deal, but you can have to see how it plays out. Because remember, you know, p... PYUSD is competing against USCC, competing against Dai, com... Competing against u... USDT…
Bitfarms rejects a $950,000,000 acquisition proposal from Riot
- 0:19:52 Dave Yeah, man. It's it's it's so interesting just to see, like, one little bit of news, one headline, how, like, things can really move. If I'm looking at some, like, some of the Bitcoin news, for those that are... That…
- 0:22:32 Kool what what... Why would they do this? Is it because they believe in the in the company so much? Is is the reason why they would they would not take this deal? That's pretty... That's that's that's pretty crazy.
- 0:23:51 Dave Wait. Too much. Hold up. I'm in ongoing. Oh, wait one second. So Bitfarm is now reviewing other strategic options, including potential business combinations or sales to maximize shareholder value. They have, an issue…
The Iggy Azalea space and the risks of celebrity tokens for newcomers
- 0:24:40 Dave a guest? She was actually hosting the space. And, like, when I went in there... And, look, I'm not advocating for the coin, that mother coin. Don't know shit from shit about it. If anything, I would just stay away from…
- 0:25:34 Kool No. So I No. So I I... So so the... This has come in in script though. Right? Is it the the way it's sword? The way it's sword because they tend to attract very newbie people. They don't really know what's going on…
Runestone holders, the DOG coin run, and Runestone pricing
- 0:29:13 Dave Yeah. Crazy. Soulja Boy literally rugged... I I I remember it vividly the last go around, bro. Literally just rugged everyone. I remember it, bro. And it wasn't even that long ago. How crazy is that? It genuinely was…
- 0:31:33 Kool Yeah. We... I mean, we... I kinda saw this coming. I mean, I I think... I'm trying to look at what the market cap is. I know it's fully diluted, but I'm trying to see
- 0:32:24 Kool right around the globe. Yeah. Yeah. Yeah. So so the the reason why this is going to do well because it's... It... It's the first meme coin on the the Roons ecosystem is the biggest one. But I think for me, the the play…
ForTheCulture.algo's airdropped token leads to a teaching moment on runes vs Runestone
- 0:36:11 Dave Okay. So I need a screenshot of what it is. So number one, is it in your Xverse or in your leather wallet? Which one?
- 0:36:36 Dave The ordinals come up first, and then the NFTs are in the second column. So let's make sure first and foremost, it's under the ordinals tab, right, like that first column. Hold on. Let me just make sure what it says…
- 0:37:12 Dave Is the is the runes... It... Does it say runes stone, and does it show, like, a big black stone in... Under there anywhere?
Bitcoin inscriptions stored on chain vs NFTs stored off chain
- 0:42:05 Dave So for the most part, yeah. Right? Like, you're inscribing on a Satoshi. Right? And what people need to understand is there's a 100,000,000 Satoshis for every Bitcoin, and it's called an inscription. Right? So way…
- 0:44:11 Dave Let me do a little bit more research, though, culture for real. Okay?
- 0:48:46 Dave Let's go. Yo. This... Bro, That is well deserved. Bro, please come back. Stay up here. Like, bro, just be part of the show every freaking week because... What do you think... Like, that's why me and Cool decided to…
API3 funding news, oracles, and real world assets coming on chain
- 0:51:11 Dave I'm not gonna go to Trump route and and any of that shit. Even though, like, any fucking Trump meme coin that hits the market is... Seems to be doing crazy numbers, but yet I'm not involved somehow. I don't understand…
- 0:53:03 Kool You you... You're talking about API three. Right? Am I correct?
- 0:53:09 Kool Yeah. Yeah. Yeah. I I actually own... I owned this store, like, two years ago, man. It'd been off for a while. I own API three years ago when he first came out. Yeah. So it's it's it's basically a direct competitor to…
Voice E on the Gora oracle, wallet-based credit scores, and real estate liquidity pools
- 0:58:14 Kool Yeah. That... But that... That's a great idea, man. That's a very that's a very good idea for sure.
- 0:59:05 Dave Hey. Let's go. Why not? Why not? You see? I knew I was onto something with this place. Sorry, guys.
- 1:00:25 Dave Do you remember last bull... Like, last bull run... In 2021, the amount of tweets that I saw from the people or or the traders that were so upset that Chainlink wasn't doing shit, right, for such an extended period of…
Why projects are delaying airdrops and token launches until conditions improve
- 1:04:17 Kool Oh, yeah. Yeah. Yeah. So we we are in a, like, a small mini bear market for airdrops right now. I think I think... Okay. So these part... They they they... They're very smart. Right? So what what they what they do now…
- 1:07:05 Dave For sure. I appreciate that, bro. ZK Sync, probably gonna be a massive airdrop coming out sometime soon too. Oh, yo. You never sent me that. What's it called? Cool. I need that link, bro, to see if I'm good with the ZK…
- 1:07:23 Dave right now. Yo. Liquid Max, thank you, brother. Nat, what's good? How are you? Welcome.
NatNat on Bank Social, credit unions, and Hedera; OpenSea's chain integration and its decline; the DREC…
- 1:07:35 NatNat So I just wanted to... It's more like an FYI to everyone. I believe since we're talking about all crypto projects here, I just wanted, you know, to put bank social in the mix and let everyone know don't sleep on Bank…
- 1:09:52 Dave Yeah. But, yeah, feel free. Obviously, like, thank you, Nat. Like, feel free to obviously, like, come through. And tell John to hit me back in the DMs. He's supposed to he was supposed to be on the, like, the show…
- 1:11:59 Dave Yeah. You're you're not kidding. Culture... Yeah. Real quick. I just want Yeah.
Kool demos an airdrop tracker and describes his multi-wallet farming routine, then talks about teaching kids…
- 1:15:12 Kool Yeah. Yeah. Yeah. What's up, bro? You're more than welcome. So, Deep, I I posted the the link for you, bro. What you want? I totally forgot. Sorry about that. When, sir, is... I posted it for you. It's it's pinned in…
- 1:18:36 Dave How spot on is the simulation? Because it says here that I'm due for 1,750
- 1:20:46 Dave I'm just So do you have a regimen, though, like, Like, where you're literally every day, you're bridging this amount, that amount Okay. To and from?
Short excerpts from the auto-generated transcript. Listen on X for the full show.