On the mic
Summary
This Monday episode of All Things Crypto opened on a red market, with Dave noting Bitcoin was close to breaking below 60,000 while meme coins kept climbing. Kool argued that every investor now needs some meme coin exposure, and called crypto Twitter the most toxic it has been since the Luna crash. Alex Damsker raised security concerns about Telegram and the TON ecosystem, then explained the difference between gaming and gamified work and gave a framework for building crypto businesses around real problems and a competitive advantage. Marco Faccini, TTF Bot and NatNat added points about experiences, learning through social audio, community-driven building, and keeping calm through volatility. The show also covered Riot Platforms' latest move against Bitfarms, and closed with speakers sharing how they are handling the dip, including buying with DCA, holding, and diversifying. All of this is discussion, not financial advice.
Chapters
Show opens and the opening monologue previews Solana, Stacks and TON phishing risksMomentAt 0:03:41 on X
Benny Lee describes a Fibonacci pattern pointing to a Bitcoin entry around 55,400MomentAt 0:09:15 on X
Alex Damsker on building a business around a problem and a competitive advantage, using the iPod as an exampleMomentAt 0:33:30 on X
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.”
Excerpts
Show opens and the opening monologue previews Solana, Stacks and TON phishing risks
- 0:03:41 Dave Dang. It's, like, back in, my... It's like I'm in my club days again. What's up, everybody? Happy Monday. Welcome to another edition of All Things Crypto. I am your host along with my cohost. I am Dave. That's cool…
- 0:06:51 Kool No. No. No. We're packing up, man. We're packing up shop. We we... Me and the whole family are are are... We're we're... I'm I'm about to join John Bush senior and junior. Cowboy boots and a cowboy hat, bro.
- 0:07:53 Dave Nice. Were you headed any place nice? Actually, don't tell me. I don't even wanna know. I've been on vacation so long. Actually, no. Tell me. Tell me. Tell me.
Benny Lee describes a Fibonacci pattern pointing to a Bitcoin entry around 55,400
- 0:09:15 Benny Lee But as far as as far as BigQuad is concerned, I saw this coming because, I mean, I'm looking at, I do technical analysis. Right? So I'm looking at this pattern. It's called, a Bartley pattern. It's a Fibonacci pattern…
- 0:10:26 Dave is there liquidity on Cardano right now, like, legit? Like, what's the twenty four hour volume?
- 0:10:30 Benny Lee Everybody is from what the streets are saying, everybody is leaving Solana and coming to Cardano in June. What? Like, somebody... Yep. Check out taptools.io. That's the decks that you can really, find the liquidity and…
Meme coins rise while Bitcoin hovers near 60,000
- 0:11:09 Dave Shit, Benny. I appreciate you, bro. Congrats. I hate I hate opening the show like this, but, like, as I'm looking at this, dude, yeah, you know, we're right on the verge of breaking, you know, go... Breaking underneath…
- 0:11:50 Kool Yeah. You you don't... I mean, we spoke out... Spoke about this so many times so many times. The game has changed. I've seen the same for weeks and weeks now. You have you have to have some exposure to new points. You…
Kool on needing meme coin exposure and the toxic mood on crypto Twitter
- 0:11:50 Kool Yeah. You you don't... I mean, we spoke out... Spoke about this so many times so many times. The game has changed. I've seen the same for weeks and weeks now. You have you have to have some exposure to new points. You…
- 0:13:27 Kool to order today. When? I've been buying when like crazy. I bought a bunch to to today again because in my brain, I'm looking at... Okay. Look. So meme coins on Solana. Cool. They're down. Okay. Cool. Solana's gonna hit…
- 0:16:02 Dave I mean, things are gonna like... But we kind of expected this in a way. You know what I mean? Yeah. Nat go for it.
NatNat on buying the dip with set DCA levels
- 0:16:19 NatNat Yeah. So this is... I love when the market is like this. This is my favorite, my absolute favorite time to buy. When the market is bright green, I don't touch anything. I look for, like, an exit strategy, but when it's…
- 0:17:16 ALEX DAMSKER I'm good. I literally rugged, and then I was like, I'm on stage. I was like, I'm mad texting Dave, like, oh, shit. I'm on stage.
- 0:18:07 Dave You see, learning something new every day. The open network.
Alex Damsker on Telegram security, encryption and user data risks
- 0:18:35 ALEX DAMSKER So... Okay. Like, for Telegram, you know, Telegram's got a problem, and I posted about this today. Telegram is, you know, there was an article that was published today in TechCrunch about, how there's, like, only 30…
- 0:21:13 Dave I guess I'm I'm so... Like, so why does The US want... I mean, when we really look at this, why does The US want it on Telegram? Just because they can't they can't have it ultimately. Right? Like, when we talk about…
Kool on TON's user base and what play-to-earn income means in other countries
- 0:21:52 Kool No. No. I know mister Charles there. Mister Charles, I'm sure he's been playing playing playing with the the the top stuff. And so they... The TumbleUp chain, the the reason why it's so strong, I'm I'm not definitely…
- 0:24:09 Benny Lee Cool. Just for just for perspective, a lot... A thousand dollars might seem a lot, but our our bills are all the way up. That's why a thousand gonna seem like a lot over here. Like, the the bills are up to where it…
- 0:25:14 Benny Lee So you say $440 a month. I can literally just live off of staking my Cardano and living it now for passive income already.
Alex Damsker on gaming versus gamified work and business models
- 0:25:47 ALEX DAMSKER So I'm not going to comment on the number of users. Like, Telegram's always been super good at picking up volume of people, which is interesting because they don't have the typical tools of picking up volume. Like…
- 0:29:02 Benny Lee Let's go. Along with along with gaming, you wanna definitely include escapism? That... That's huge when it comes to gaming escapism.
- 0:29:44 ALEX DAMSKER So gamification is using a a gaming... Like, using a... An entertainment model to conduct work. Right? So there is a purpose and a reward at the end of it, and the reward is the purpose of the game. The the purpose of…
Alex Damsker on building a business around a problem and a competitive advantage, using the iPod as an example
- 0:33:30 ALEX DAMSKER Sure. I mean, it's a... It's it's complicated. Right? So it's like a longer discussion. But, for the most part, we have to remember that there's really two halves of businesses, especially in crypto, but in general…
- 0:38:33 Dave How'd you know where my next story was going? Nat Nat, go for it. That was super interesting, Alex. Yeah. Nat, go for it.
- 0:39:27 Dave Great point, Nat. And and, Alex, I I do have one more... Like, if we can expand on this because this is super interesting and cool. I don't know if inter... Interrupt me anytime because I'm... I I might go off on a…
DePIN and the AWS and banking choke points in web3
- 0:40:16 ALEX DAMSKER Well, I mean, let me think of a of a good one, but there's a lot of them. I mean, think about, like, for example, d pen, something that I really like right now. Right? And I've been thinking about this for a long time…
- 0:43:32 Dave stuff. Good good mention. Alex, you there? Are you still in the elevator?
- 0:45:25 ALEX DAMSKER Oh, hey. I totally rugged again. It's an impressive one for me. It's like an impressive number. I I think the most I've ever rugged is, like, three times in my own space. So, you know, going for the record.
Marco Faccini on the experiential age and building experiences
- 0:48:54 Marco Faccini FLPI Well, I couldn't... I did hear what Alex said, and I couldn't agree more. And, god forbid, that I would disagree with a lady like Alex. I mean, I've learned that over many, many years. Never disagree with a woman. But…
- 0:50:19 NatNat Smart, smart comment with regards to never disagreeing. Smart guy.
- 0:51:16 ALEX DAMSKER Oh, and it's it's good to see you, Marco, by the way, as always. I know Marco. And and he's, cohosted with me before, so it's always good to see. I haven't seen you in a while. Yeah. It's a lot of stuff to know. It's…
Marco Faccini on social audio as education, community and shared ownership
- 0:53:36 Marco Faccini FLPI Yeah. So I... I've always argued. So the the advent of social audio, if... And I'm older than probably everybody here. So I've seen educational tools come and go. But for me, the advent of social audio has been the…
- 0:59:32 Dave I love it. That was the most I think I've ever heard you talk. That was incredible. That was incredible, Marco. But just so you know, I will gladly take any piece of your company that you're willing to cut me in on…
- 1:00:22 Benny Lee Desire, best save times, skill because I wanted to learn about crypto when I was, like, in 2019, I started investing in stuff like that. When the student is ready, a teacher will appear. And I really do think that…
Riot Platforms drops its Bitfarms bid and goes after Bitfarms' board
- 1:04:23 Dave Appreciate that, Benny. Thank you, man. Good stuff. Good stuff all around. TTF, I wanna come to you in just one second. I just wanna cover one quick story in regard... That I... That just crossed the wire about, you…
- 1:05:42 Dave Yeah. Mean, nuts to really... Like, they've been really at them for... I mean I mean, this is... We've been talking about this for almost two months now, probably even longer since, like, they put in that first bid…
- 1:07:19 Dave Yeah. Speaking of Roonstone, I don't know why they're just triggered in my brain. I saw that, Dogcoin is gonna get listed on Koocoin. You see that shit?
Panel shares market strategies: buying dips, DCA, holding and diversifying
- 1:11:18 Kool And that that... Now what about you? Any any tips, advice? What are you doing? What what should we expect near near term, long term?
- 1:24:55 Kool Yeah. I think I think with Mojo Mojo, you... He he travels a lot, man. I know he's, the time zones are so weird. Where where where are you now? I know I know I know I know you're in Turkey.
- 1:31:30 Kool going down. Yeah. Yeah. Yeah. Yeah. There's no Oh, that's opportunity. Yeah. That's very, very, very true. So that's we're about a minute over. Let me just say one more thing. I'll I'll give the mic to to Dave and if…
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