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Episode · Jun 24, 2024 ·

ATC: DAVE & KOOL TALK ALL THINGS CRYPTO. MARKET CRASH WE GOING TO 0

On the mic

Summary

0:03:41

Meme Coins Thrive Amid Market Dip

Dave noted Bitcoin hovering near 60,000 while meme coins like MAGA, GeoBotin and Ruins rose sharply. Kool said the game has changed and everyone needs meme coin exposure.

0:03:41Show opens and the opening monologue previews Solana, Stacks and TON phishing risks

0:09:15Benny Lee describes a Fibonacci pattern pointing to a Bitcoin entry around 55

0:11:50Kool on needing meme coin exposure and the toxic mood on crypto Twitter

Moments0:11:09
0:16:19

TON Risks and Gamified Work Models

Alex Damsker warned about Telegram security issues, weak encryption, user data risks and sharding on TON. Kool highlighted TONs massive user base and how play to earn income means far more in other countries. Alex Damsker explained the difference between true gaming for fun and gamified work for revenue, stressing the need to build businesses around real problems and competitive advantages.

0:16:19NatNat on buying the dip with set DCA levels

0:33:30Using the iPod as an example

0:40:16

DePIN, Experiences and Social Audio

Alex Damsker discussed DePIN as a way to escape AWS and banking choke points in web3. Marco Faccini spoke on the experiential age and building experiences that enhance life. He praised social audio for education, community building and shared ownership models.

1:04:23

Bitcoin Miners and Market Moves

Riot Platforms dropped its Bitfarms bid and now targets the board for removal.

1:09:12Panel shares market strategies, buying dips, DCA, holding and diversifying

Moments1:04:23

Key quotes

“This is my favorite time to buy when nobody wants it.”

NatNat0:16:19Share on X

“And the product making money is not about marketing. It's about building a business that is designed to make money.”

AALEX DAMSKER0:33:30Share on X

“We can talk all we want about decentralization, but we're all centralized on AWS.”

AALEX DAMSKER0:40:16Share on X

“But for me, the advent of social audio has been the greatest educational aid that I have seen in the last fifteen to twenty years, bar none, bar none.”

MMarco Faccini FLPI0:53:36Share on X

“when it comes to investments, the first person that panics the hardest loses.”

NatNat1:11:29Share on X

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Show discussion, not financial advice.