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Episode · Jun 18, 2024 ·

ATC: DAVE & KOOL TALK ALL THINGS CRYPTO

On the mic

Summary

0:03:05

ATC Show Opens with Shoutouts

MetaBeast delivered the episode preview monologue. Dave, Kool, NatNat and Stu discussed listener input on guests and topics using hashtag ATC. They praised Stu for hosting the successful Welsh 100 days of giveaways space that drew 1500 people.

0:11:09

Vatican Launches Soulbound NFTs

Dave covered the Vatican Library teaming with NTT Data to issue nontransferable NFTs for preserving manuscripts. Italian donors receive soulbound gold or silver NFTs granting access to high resolution images and future VR tours. NatNat said this shows NFTs value when used correctly for cultural heritage.

Moments0:11:09
0:18:12

Tether Launches Gold Backed Alloy

Dave explained Tether's new gold backed Alloy stablecoin pegged to the US dollar and overcollateralized by SAUT. Kool viewed stablecoins as the doorway to mass adoption and real world asset tokenization that empowers the dollar. NatNat highlighted El Salvador's Algorand based infrastructure and Enjo connected Algorand, Stacks Clarity and Gensler via MIT.

0:23:56Tether uses El Salvador's regulatory framework to issue Alloy

0:26:20Algorand's role in El Salvador and why it may be overlooked

0:30:28MIT links between Algorand, plus an AI-generated explanation

0:38:26

Bitcoin Layer Twos and Stablecoins

Dave shared the Building on Bitcoin cofounder's plan to integrate Bitcoin with Ethereum rollups for better DeFi. A speaker discussed nUSD on Bitcoin, BRC-20 versus Runes and bridging to Stacks. Enjo shouted out Arcadeeco USDA as a Bitcoin backed stablecoin while Dave noted USDH as a yield bearing synthetic.

0:53:31

Market Pullback Sparks Debate

NatNat said markets transfer money from the impatient to the patient and praised staking on Stacks during red times.

0:53:31Leverage, euphoria, oversupply of tokens and high-FDV launches

1:18:34

HOT Wallet Walkthrough on Near

amgoodpolyplot walked through the HOT wallet on Telegram built on Near protocol with chain abstraction. He said it grew from one million to ten million users by teaching staking, swapping and trading through fun missions and airdrops. Kool inspired his research into the easy entry crypto tool.

Moments1:18:34

Key quotes

“I feel like the world is finally open... Opening up to how valuable NFTs can be if used correctly.”

NatNat0:14:36Share on X

“And I think the doorway to mass adoption is through stablecoins because it's it's the... It's it's the currency that actual actual people actually use.”

Kool0:21:48Share on X

“So it's a multichain world. I don't think it's one chain rules them all.”

Kool0:40:44Share on X

“Warren Buffett said it best, global markets markets in general, they're a mechanism from transferring money from the inpatient to the patient.”

NatNat0:58:11Share on X

“If you're buying something and it hurts, if you if you hit buy and you and you see a teardrop in your eyes, you're making a good decision.”

Kool1:02:50Share on X

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Show discussion, not financial advice.