On the mic
Summary
Hosts David Choukroun @DCBK2LA, KOOL CRYPTO @koolcryptovc and NatNat @Natnatx007 opened with crypto news on the day of the Trump and Biden debate. They covered Solana ETF headlines, concerns about how CNN was running the debate, and the TON Foundation's Adsgram launch, which pays Telegram mini app developers in Toncoin. The panel then discussed centralized finance overtaking DeFi in Q2 2024 crypto losses, Coinbase suing the SEC and FDIC, a $20,000,000 raise for the protocol Mega E, and the Coinbase and Stripe tie-up on Base. Later segments covered airdrop overload, wallet farming, Arbitrum and ZK Sync distributions, gas markups and the guests the hosts would most like to bring on. The show closed with a Stacks Invader giveaway and a reminder to watch macro data such as the PCE report. All of this is discussion, not financial advice.
Chapters
Market rundown: Solana ETF news, ex Coinbase exec hired by the Biden administration, debate-driven meme coinsMomentAt 0:09:06 on X
Key quotes
“I think this is huge for Telegram. I really do think that all the money surging into it is going to bring even more individuals, more eyes, and even all the marketing that they're doing, I'm all for it.”
NatNat0:23:19Share on X
“Coinbase is not a bank. You're supposed to come in and come out.”
Kool0:25:50Share on X
“So I guess proceed with with caution when it comes to some of these airdrops.”
“I'm looking at 2030, 2031. That's how I'm thinking.”
“When it comes to PCE, CPI, these two and a few others as well, they tend to have a lot of influence over both markets.”
Excerpts
Show opening and panel introductions
- 0:03:12 Dave For those that don't know Swedish house mafia Swedish house mafia, you're living under a rock. What's up, guys? Welcome to another episode of all things crypto with me, your host, Dave, cool crypto, nana, chi samurai…
- 0:06:40 Dave Wait, Junie. I didn't say to reread the whole thing. I just said, like, say what's up to, like, whiskey and black stain. You know what I mean? Like, our regulars, king. Like, come on. Like, just say what's up.
- 0:08:06 Dave Let me just say what's up to Nat, Nat, Nat. What's going on? How are you?
Market rundown: Solana ETF news, ex Coinbase exec hired by the Biden administration, debate-driven meme coins
- 0:09:06 Kool Oh, no. Defeat, bro. That... No. No. No. This market doesn't give you defeated. There's too much going on, man. Like, you can't... Like, is this in just twenty... No. In twenty four hours, we've had changes that is…
- 0:11:40 Kool No. No. No. No. No. That that that... That's that's the the game on Osvana. Like, they... Like, look look at a Trem. There's a a protocol called Trem. Trem, they've they've been bold in there. They've evolved. There's…
- 0:12:24 Dave It's... I I mean, I own MAGA hat on base, so, let's go Trump. But here's the problem, bro. Did you see what CNN is? Did you hear what CNN is doing? And this is what's really gonna be crazy because the narrative that's…
CNN debate format, media access and muted mics
- 0:13:46 Dave Yeah. So, I mean, just on the sheer scale of what's going on. So for everybody that doesn't know, CNN, okay, like, the the debate was already gonna be held. Right? They're gonna be... Their anchors are gonna be the…
- 0:17:44 NatNat Yeah. I think based on the stuff that I read, crypto is betting on a Trump win. Me, myself, I'm voting for Jesus, but I want him to find a nice crypto Trump if Trump does win.
Telegram and TON: Adsgram and Toncoin rewards for mini app developers
- 0:18:48 Dave Yeah. I mean, I don't I don't know what the hell is gonna go on, but, yeah, there's been a lot of action happening. And look. Politics shape, like, policy. That's how this works at the end of the day. Right? Whoever is…
- 0:20:14 Kool Yeah. I'll stay I'll stay bullish, man. I mean, like I said, these guys are are are doing their own thing. It's it's, I suppose it's a good thing. I think the reason why I'm bullish this project is because of the…
- 0:22:00 Dave So here... Let me give you guys a little bit more context. Right? So it says the Tone Foundation has introduced Adsgram, which is a new advertising platform also aimed at helping Telegram mini app developers monetize…
CeFi overtakes DeFi in Q2 2024 crypto losses
- 0:23:36 Dave Love it. Love it. Love it. What else we got cooking over here? Okay. Let's get into the juicy shit. You ready? CFi, aka centralized finance, overtakes DeFi, decentralized finance, and crypto losses for q two of twenty…
- 0:28:09 Dave A man's got a point. So now come... Yeah. Like, yeah, I... I'm curious to hear what what what ladies have to say. I mean, you suck. You're in rocking a hard place. Go for it, Nat.
- 0:29:11 Dave Tell tell the ladies we said what's up. No no no pumice underneath the heel that always tickles my foot every time I get a pedicure, so I don't want none of that.
Coinbase sues the SEC and FDIC over Freedom of Information Act requests
- 0:29:53 Dave Let's go. Let's go. Yeah, man. What else we got cooking? Let me see another story. I'm... As I'm going through these stories, guys, I'm just like, this is so, like, ugh. We need some feel good stories. I gotta find…
- 0:36:42 Dave Mister Charles, you even got the Judy shout out, bro. What the fuck? Get him up here. Get him up here. Shout out, Johnny. I see you in the crowd. Mister Charles, would you like to talk to Junie?
- 0:39:12 Dave Sounds good. Nat Nat didn't even react. You know what that means? That means she's got her hands out. She's she's got, like, a person on each side right now, like, doing the quick little file with the polish. Nice…
Mega E raises $20,000,000; Coinbase and Stripe partner using Base
- 0:43:10 Kool the next point. No. I got... I got... No. No. I do have... I think I have... You talked about... I do have two stories here. One of them... One one of them is an alpha, although it is general news. A protocol called…
Coinbase card rewards and Bitcoin ecosystem talk
- 0:47:31 Dave I use my Coinbase card for every fucking thing. The only time I get rejected is if, like, they consider it, like, a prepaid card. So, ultimately, like, it's not like a credit card. So if it... If, like, the processor…
- 0:48:34 Kool No. No. I I I think about the the Mega EAT and the coin based tribe, you you... You... Know, and I talked about the Solana ETF already, so that's it, bro. That's it. Okay. Got you. Got you.
- 0:48:46 Dave Let's talk with Sleeping Beauty, about... Let's talk about ordinals. Let's talk about ruins. Let's talk about, like, some Bitcoin stuff because there is a lot going on in this ecosystem right now. And I don't know if…
Grant application and protecting early-stage code
- 0:49:49 Dave Good stuff, man. Good stuff. Good stuff. I applied for my d grants, today officially. Well, I didn't... I'm about to submit it right after this. So wish me luck. Say a little prayer for your boy that he, that he gets…
- 0:50:24 Kool Yeah. Dave, you... You're gonna get it, bro. You you want you want most influential people on the Bitcoin stocks like the system. Like, you want one of the first people to really, really start talking to spaces both…
- 0:50:48 NFY NEWS Absolutely. No, Dave. I'm going to the temple right now to pray for you. And, of course, if you get the $9,000, make sure to, you know, buy me thousand for the, you know, the prayer I do right now.
Dream guests for the show
- 0:52:08 Dave doing some she's doing some really, really big things, and she's she's got us... I think... Cool. I think Alex is is gonna be able to get us, like, some pretty pretty big guests, that I think are really influential…
- 0:54:11 NatNat I was actually on a corner spaces with him a few weeks ago. He is so knowledgeable. His energy is amazing. I'm down to having him on the show.
- 0:55:27 NFY NEWS Bro, I would love to have Satoshi if he can, you know, erase that. I think that would be lovely.
Kool's NFT community space and mastering one blockchain
- 0:56:35 Kool Yeah, bro. Yo. Yo. Yeah. Didn't see it. Hey. Let me see what's that. What's going on? That's something cast. So earlier, got her name. Deal... Crypto deal was there earlier. So what's what's up to to my slots? Much…
- 1:00:18 Dave here and we were talking about it, was that that same day? That's... That was the Slaus. That was, like, the rock.
- 1:00:22 Kool Oh, no. No. That was the rock. That's something else. So it's less... Like, it's the... And that's another thing again is, and that's why I said before about how people should should should master a blockchain. If it's…
Airdrop overload, wallet farming, Layer zero, Arbitrum and ZK Sync
- 1:03:58 Dave Hey. Great take. Cool. I wanna ask you about when in a couple minutes, but hold off on it. I wanna hear from, miss Pedicure for a second. Do we think, Nat, that all these tokens, all these airdrops, all these coins…
- 1:05:01 Dave Yeah. Good point. I don't know, man. This this just... All I'm hearing is AirDrop, AirDrop, AirDrop, and it's like, people are creating tools to just make it easier. Like, now instead of, you know, Twitter pickers, you…
- 1:08:11 Kool They they... Yeah. They they they use these inflated numbers to raise money from from VCs, man, and to show an inflated TBL. The numbers are not accurate because the moment you do an edge off, your TBL drops. As long…
Gas markups and a request for audience feedback on the show
- 1:13:09 Dave I know, bro. I... It's I guess, you're right. The whole fee structure and kinda how that works or whatever. But, yeah, I guess, you're right. Like, I didn't really think about that. And I think... I feel like that's…
- 1:18:02 NatNat Yes. I love that. Especially, Ton, it it has... Because it's it's being spoken about so much, and a lot of people really do believe in that project, someone behind Ton would
- 1:19:43 Kool Yeah. No worries. I I I wouldn't be out there with the wolf crew and all that. I wouldn't be... They... I do have... I do need to buy a plane ticket because I'm moving, man. I've been so... It's been crazy busy. I I do…
Stacks Invader giveaway, macro education and the PCE report
- 1:22:40 Dave Sorry. Okay. So really quickly, mister Charles. Sorry. So I opened up my wallet today, and I found four Stacks Invaders. And I'm like, wait a minute. I don't remember getting these. I don't know how they ended up in my…
- 1:32:02 Kool Yeah. So what what what Natna's talking about, if you didn't know what what what she... What she's saying is, basically, there's certain numbers that the US government looks at that determines what they're going to do…
- 1:37:20 Dave LJ, we just saw what you posted. Nat Nat said it's an automatic disqualification that you can't be... We can't be asking.
Short excerpts from the auto-generated transcript. Listen on X for the full show.