On the mic
Summary
Hosts David Choukroun @DCBK2LA and KOOL CRYPTO @koolcryptovc opened with a monologue delivered under the MetaBeast @AKCMetaBeast label. It previewed stories on the Vatican Library's NFT project, Tether's gold-backed stablecoin Alloy, and blockchain content verification. The panel covered the Vatican's soulbound NFTs with NTT Data, then Tether's Alloy and its issuance through El Salvador's digital asset framework. That led to a longer talk about Algorand as an underrated chain and its MIT origins, alongside Stacks and Clarity. Later segments looked at the Bitcoin layer two ecosystem compared with Ethereum, Bitcoin-native stablecoins, and the market pullback, with theories about leverage, token oversupply and high-FDV, low-float launches. The show closed with a walkthrough of the Telegram-based HOT wallet on Near and an invitation for listeners to suggest guests and topics. All of this is discussion, not financial advice.
Chapters
The Vatican Library launches nontransferable NFTs with NTT Data to preserve manuscriptsMomentAt 0:11:09 on X
Stablecoins as the doorway to mass adoption and tokenization of real world assetsMomentAt 0:21:48 on X
MIT links between Algorand, the Clarity language and Gensler, plus an AI-generated explanationMomentAt 0:30:28 on X
The Building on Bitcoin cofounder's plan, and how Bitcoin layer twos compare with EthereumMomentAt 0:38:26 on X
Market pullback: leverage, euphoria, oversupply of tokens and high-FDV launchesMomentAt 0:53:31 on X
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.”
“Warren Buffett said it best, global markets markets in general, they're a mechanism from transferring money from the inpatient to the patient.”
“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.”
Excerpts
Show opens, with an episode preview monologue under the MetaBeast label
- 0:03:05 Dave Just give me the word. The word. The word. Word. The old school ones that remember that. What's up, everybody? Welcome. Welcome. Welcome to another episode of all things crypto. Me and my man, Cool Crypto, over here…
- 0:05:14 Kool Thanks, Judy. Cool. What's up, baby? Hey. Hey. Hey. Hey. What's going on, man? How's going? How you guys doing? How you
- 0:05:52 Dave Let's do it. I wanna say what's up to Nat. Nat Nat Nat was good. How are doing?
Hosts ask listeners for guest and topic suggestions using the hashtag ATC
- 0:06:03 Dave Yeah. So, guys, you have... You heard Junie. I'm gonna pin something to the top. I wanna hear... I really do want to start... I wanna hear from you guys. Right? Like, I wanna know, like, what are the things that are…
Shout-outs for the Welsh 100 days of giveaways space
- 0:08:15 Dave Yeah, man. You did a killer job today, bro, hosting that space. There was literally... You you had 1,500 people in that space, bro. Over the course of sixty minutes, you have 1,500 people in and out of that space too…
- 0:09:29 Dave Well, I'm sure whoever gave it to you, like, listen. At the end of the day, whatever helps. You know what I mean? Whatever helps. Benny, I'll have you note that, I tried this morning per your request yesterday, 10%. I…
- 0:10:33 Benny Lee I definitely wanna get into I definitely wanna get into what what you want to... What what would you say the people wanna get into as well. Like... Yeah. I'm I'm excited for that because I've been I've been waiting to…
The Vatican Library launches nontransferable NFTs with NTT Data to preserve manuscripts
- 0:11:09 Dave Bro. Yeah. I appreciate it. And I'm gonna I'm gonna put that post up in a second so you guys know. But, yeah, please, I want this to be as interactive as possible. Right? Like, don't just hop in the space and then just…
- 0:13:57 Dave Not But what's interesting, Stu, is that it said nontransferable. So it means what's Soulbound NFT means, is, like, you can't sell it. You can't do anything with it. There's no, like, secondary market for it. None of…
- 0:15:02 Dave True. And they're also... So cool. I want you to wait on this, but, like, just a heads up here too. The Vatican Library also hinted at an immersive reality experience. Excuse me. It said it's partnering. So NTT Data is…
Tether introduces Alloy, a gold-backed stablecoin pegged to the US dollar
- 0:18:12 Dave Yeah. I'm with it. I'm with it. I'm with it. What else we got cooking over here? We got... Hold on. Okay. So Tethr has introduced Alloy. Alloy is a new gold backed stablecoin that is pegged, not tethered, pegged to the…
- 0:18:56 Dave Yeah. But the gold is pegged... Like, but here's the thing. Right? Alloy is a gold backed stablecoin pegged to the dollar. So meaning it's always going to retain the dollar, but it's pegged to it, but backed by gold…
- 0:20:22 NatNat Yeah. I was just going to mention the SAUT because it's... So according to what I'm reading right now, Alloy will be overcollateralized by SAUT, a token that provides ownership of physical gold. That's interesting…
Stablecoins as the doorway to mass adoption and tokenization of real world assets
- 0:21:48 Kool Yeah. But this is this is what we talked about talked about yesterday. Right? This is just... This is talk... Tokenization of real world assets. This is this is what this is right here. I mean, it's... This is what we…
Tether uses El Salvador's regulatory framework to issue Alloy
- 0:23:56 Dave Interesting. And that leads to this one. Right? This is, like, the perfect segue into this story where it's almost like one in the same... Or rather the continuation where it says, Tethr taps into... Listen to this…
- 0:24:55 Benny Lee Here's here's what what... On top of that, this is what I really love seeing as far as, like, the organic evolving of crypto. I'm seeing stories about Venezuela loophole in US sanctions by using crypto because they…
- 0:26:13 Benny Lee Yeah. We're gonna talk... Yeah. Yeah. Exactly. Yeah. We're talk about it. Yeah.
Algorand's role in El Salvador and why it may be overlooked
- 0:26:20 NatNat Yeah. With El El Salvador, they're they're light years ahead with regards to what they're doing. And one news that's heavily slept on, I I mentioned this token before, is Algorand. So in 2021, El Salvador signed a…
- 0:27:42 Benny Lee Bro, Angel be dropping gems, and people be sleeping. I'm... That's why I talk with Angel a lot. I got the alpha on on Algorand too, bro. Like, just how like, I got a whole bear market strategy for making money with…
- 0:28:39 Kool You know what? I I actually do, man. I actually do. But my my my... What was that? My
MIT links between Algorand, the Clarity language and Gensler, plus an AI-generated explanation
- 0:31:50 NatNat time to buy, man. Best time to buy when no one's talking about it.
- 0:36:58 Dave Heavy. Heavy. Heavy. Let's go. Yo, Angel. Great insight, man. Thank you for that, bro. Sorry. Go ahead, Benny.
- 0:37:39 Dave I hope so. Look. The connection to stacks comes from the broader MIT. You heard how she said Gensler, not Gensler? Is it Gensler? Just out of curiosity. Anybody? No? Does it matter?
The Building on Bitcoin cofounder's plan, and how Bitcoin layer twos compare with Ethereum
- 0:38:26 Dave You got it, man. You got it. You got it. So the cofounder of building on Bitcoin, Alexey Zamyatin, discussed the Bitcoin ecosystem, right, all these different hybrids and layer twos. And he aims to make Bitcoin…
- 0:40:44 Kool Yes. I I do I do agree with you that there is a lot of work that needs to be done on the Bitcoin ecosystem. I I think that... I I like when people in Bitcoin are honest with with what's in front of them. You don't you…
nUSD on Bitcoin, BRC-20 versus Runes, and bridging to Stacks DeFi
- 0:47:27 Dave So can I ask you a question then? Like like, it... Maybe you can help some people understand. Right? And and myself included in that. When you look at b r c twenties and you look at ruins, right, is one... Is... Are…
- 0:49:27 Dave Man. Tune. Thank you, bro, for coming up and obviously sharing the knowledge, bro, commenting. Like, I appreciate you coming through, man. Great stuff. Thank you. Yeah. Like, really, really good takes. Like, this is…
Bitcoin-backed stablecoins, with mentions of USDA and USDH
- 0:52:03 Dave Don't forget about USDH. It's not Bitcoin backed, but it's still... It's a synthetic, but they're still taking an open an open long and an open short position on Bitcoin. So, like, you're locking in, like, a value. So…
- 0:52:51 Dave Yeah. I I think also, like, for those that are looking at the markets right now, I mean, to me, like, you you know how cool says all the fucking time in every single space, have yourself a little reserve USDT sitting…
Market pullback: leverage, euphoria, oversupply of tokens and high-FDV launches
- 0:53:31 Kool keep on this side. Yeah. So that that... That's actually what what I was gonna spend the next thirty minutes about... Talk about. So I know a lot of us be impacted by the markets, of course, differently. You know, some…
- 1:02:49 Kool Oh, no. No. I I... So... Okay. So you're you're talking about the the the new age of projects that come out now. That's the the high FDL low flow tokens where the... It's so crazy. The the money is already made. The…
- 1:12:46 Dave Wait. I got AMG up here, I need you to be kinda quick... A little bit quicker because I promised him a solid ten minutes, if you don't mind, Benny.
Walkthrough of the HOT wallet on Telegram, built on the Near protocol
- 1:18:39 amgoodpolyplot Good, mate. I hope you're good too. You finally convinced me to come and speak, so I suppose I will.
- 1:26:12 Dave Woah. I didn't know that. Okay. Now what about some of the other tokens that I know sometimes, like, where
- 1:32:33 Dave it in the comments, and then we can pin it. I only see mine. Stu, what are laughing at? You fucked.
Short excerpts from the auto-generated transcript. Listen on X for the full show.