On the mic
Summary
Hosts Dave @DCBK2LA and Kool @koolcryptovc covered a busy news day for crypto, starting with a report Kool shared live that Kamala Harris may speak at the Bitcoin conference in Nashville, where former president Trump is also expected. They talked about the Ethereum ETF's first day of trading, Grayscale-related selling, how market cap affects potential gains, and Pomp's CNBC comment that he sold his Ethereum for Solana. Segments under the Samara @thee_samara label explained the FairShake super PAC and its reported $200,000,000 raise, what a super PAC is, and the IOC's unanimous approval of Olympic esports games and what that could mean for Web3 games like Gods Unchained and Guild of Guardians. Dave also covered the news that the OMI token can now be used to buy VeeVee digital collectibles on the Stacker marketplace built on Base. Kool urged listeners to zoom out, be careful about which influencers they follow, and sell some of a token when its trading volume is well above its market cap. All of this is discussion, not financial advice.
Chapters
Regulatory tailwinds, a Senator Cynthia Lumis tweet, and buying the dips over time (DCA)MomentAt 0:15:10 on X
OMI token can now buy VeeVee digital collectibles on the Stacker marketplace on BaseMomentAt 0:20:34 on X
Pomp on CNBC selling his Ethereum for Solana, plus market caps and position sizingMomentAt 0:33:10 on X
IOC unanimously approves Olympic esports games, and what it means for Web3 gamingMomentAt 1:08:24 on X
Listener questions: the trading volume vs. market cap rule, and a possible ten year bull run like gold'sMomentAt 1:13:01 on X
Key quotes
“When was the last time you saw both sides of the aisle agree on anything, let alone in this short amount of time they're agreeing on crypto? That is craziness.”
Dave0:12:44Share on X
“All these little things are are are step closer to the day where actual retail people are using, different apps, but don't even realize they're using crypto.”
Kool0:25:14Share on X
“So zoom out, guys. Never ever look at the daily charts anymore.”
“have patience. I'll say that again. Have patience. Okay? Let your strategies play out.”
“When a token's trading volume exceeds market cap, especially by a lot, please sell something, man.”
Excerpts
Opening monologue and rundown of the day's stories
- 0:06:44 Dave Damn, I I I thought I put some f bombs in there, but I guess you you you don't like reading the f bombs. But... Alright. Good. It makes it better for us. Thanks, Junie. Cool. What's good, my brother? Happy Tuesday…
- 0:07:01 Kool Cool. Cool. I'm just... Because I'm using this... This is the first time I'm streaming on my Android phone, man. And I use the iPhone normally, so I I just make sure
- 0:07:10 Dave this stuff's clear. So... Bro, you sound better now than any other show, and I I am not... No way. I swear to god.
Kool on moving to Texas and heading to the Nashville Bitcoin conference
- 0:07:35 Kool I'm good. Me and mister Shoy. Sorry, guys. Miss Shoy yesterday, I I think... What was I doing? I think I was driving. I just left the DMV. Of course, when you... You know, if you guys don't know, if you move to a new…
- 0:08:36 Dave You good. You good. Don't worry about it. Like, if anything, I want you to be kinda like our ears on the ground. You know what I mean? Like, I want you to check-in with us, like, for the times that we have. Even if you…
- 0:09:20 Dave You know what would be dope cool is if you can you can literally snag some, like, heavy hitters out there and sit them down and bring them on to the show. That would be kinda cool.
Breaking news: report that Kamala Harris may speak at the Bitcoin conference
- 0:09:59 Kool Bro. Oh, okay. So let me let get this real quick. Just give me a second, man. You know, this broke when I was on the show earlier today, man. I was like, I I... It didn't feel like it was real, but, yeah, it was real…
- 0:11:04 Dave have a schedule cool, by the way? Like, a... Yeah. I have the app. I had...
- 0:11:54 Kool Yeah. We're back. I was breaking news, man, in the past hour.
Is pro Bitcoin a bipartisan issue now, and political fundraising from crypto
- 0:12:44 Dave Like, it... Look at the the last line in in what it says, and I pinned it to the top for everybody to read. It says, is being is being pro Bitcoin a bipartisan issue now? Like, holy crap. Like like, they're... When was…
- 0:13:06 Kool Yeah, bro. They they want they want the money, man. The money, there's a lot of... A large amount of liquidity from a lot of crypto whales, man, and they want that donation money, man. I mean, it's it's it's a money…
Regulatory tailwinds, a Senator Cynthia Lumis tweet, and buying the dips over time (DCA)
- 0:15:10 Dave That is craziness, dude. And I saw also... I'm pulling it up right now. I remember scrolling past in the timeline. I don't if it was today or yesterday, seeing, senator Cynthia Lumis from, Wyom... Where is she? Here…
- 0:15:34 Dave discussing the pleasure. Hold on one sec. Big things are in store this weekend. Stay tuned. Bro, everybody is out here literally, like, touting and pushing Bitcoin. And you guys see this now, like, with the price…
- 0:19:19 Dave Nice, bro. I mean, you... If anyone in here knows anything about me, I am the king procrastinator. I always wait till the last minute for everything. So don't be surprised cool if somebody fucking taps you on the…
OMI token can now buy VeeVee digital collectibles on the Stacker marketplace on Base
- 0:20:34 Dave You ever have regular fucking animal house down there? I spoke to Charlie earlier this week. I'm actually working on something with, with Charlie and Gab. So, everybody stay tuned. We're... I'm gonna I'm gonna I'm turn…
- 0:23:21 Dave That is correct. Right? So because it's gonna be like a peer to peer marketplace, if I actually want to... It's just gonna be another place to be able to list your to list your collectibles and your comic books, right…
- 0:24:25 Dave Yeah. So right now, like, VV has it... Like, they currently have, like, an app. Right? And then on the app, right, you have the store where you essentially go and you buy... Where the drops happen, right, where it's…
Ethereum ETF day one, Grayscale selling, and Ethereum ecosystem tokens
- 0:27:33 Dave Good Good shit. Good shit. If you're in ETS today, bro, debut, what what's your take on this, cool? Like, I think it was just as expected. No?
- 0:27:43 Kool Yeah. No. No. I'm I'm probably one of the most... I mean, that... That's that's that's... This is how you know this is how you know that things are are are moving in a good direction, but but the market hasn't…
- 0:32:42 Dave That's a that's a fact. Yeah. They had... I watched the the the the pump interview today on CNBC, and it was interesting to say the least, but nothing that came that was really genuinely unexpected. He was like, look…
Pomp on CNBC selling his Ethereum for Solana, plus market caps and position sizing
- 0:33:10 Dave But you you wanna know what else he said, bro, on the interview? Pump actually said that he sold all of his Ethereum for Solana. That shit was really surprising to me. I was like, Pampliano sold all his Ethereum for…
- 0:33:45 Kool Yeah. So so Pompliano... If you don't know who this guy is, he's he's one of one of the earliest people in in Bitcoin. He's been he's been on Bitcoin for a very, very, very, very, very long time, man. I'm not I'm not…
- 0:38:50 Dave Hold on. Cool. I'm looking through my couches right now to see if I could find some extra money to see if I could get some scrounge up some couch quarters. You know what I mean? Maybe
Zooming out, media coverage of the conference, and crypto in retirement funds
- 0:40:23 Kool publicity. That's the that's the juice. You're going to see, they... Can you imagine, Kamala Harris on TV talking about crypto on CNBC, on Fox News, on BBC, on Sky News, on CNN, on ABC, on Nigeria News, on Indian News…
- 0:45:01 Dave I love it, Cole. I love the passion with it too, bro. I mean, look. First off, if you're gonna be one of those people that actually goes through a nine to five, hey. I'm not hating on it. It is what it is. I did it for…
- 0:46:11 Dave Junie, do you wanna tell us why you're not a big fan of pump?
Why the speakers are not fans of Pomp, and avoiding echo chambers
- 0:47:36 Kool Man, bro bro, you just you just say that real quick. You know what's you know what's crazy about this dude, man? Like I said, I've been crypto a while, man. I remember these guys from from early... Or earlier earlier…
- 0:49:52 Dave You have no you you have no idea what some of the other investments might be. But, yeah, super smart to be cautious. Never follow or listen to just one person. Get the wide spectrum. You need all sides. It's the same…
FairShake super PAC and a super PAC 101 explainer
- 0:51:39 Dave Great job, Junie. Can you do me a favor? One last thing. Can you educate everybody on what specifically is a super pack? And if you could do it in as layman terms as possible, I think that would really help give people…
- 0:53:48 Dave Bam. Junie with the one o... Super PAC one zero one. That was fucking incredible. I know that that is massively helpful for a lot of people because I remember the first time I heard super PAC, was like, what the hell…
Kool on crypto lobbying, SBF, Nigeria, and being careful with big influencers
- 0:55:14 Kool Bro, you know, what's what's what's kinda funny is we we we actually spoke about this a while ago. It's just it's just being more public now. I I I saw it. Man, I wish I wish you guys could just have my brain, man. I'm…
- 1:07:16 Dave I hear you, my brother. I hear you, bro. Look. I think you just put it all. You say... You helped me save my voice. You said it perfectly. I swear. Yeah. And luckily, it... Just one correction. It wasn't his whole bag…
IOC unanimously approves Olympic esports games, and what it means for Web3 gaming
- 1:08:24 Dave I was like, yeah. That's right. You heard me say it. Shit. Fuck. Dick. Pussy. Fuck. Whatever. I don't give a shit. Now that we got your attention, let's go to the next story. So here's what we're talking about now. You…
- 1:10:49 Dave Bam. Thank you, Junie. For the record, I hold no gods. I hold no GOG. I don't own any of these tokens. Literally, I own none. Y'all can go check my wallet. I literally have zero of of any of this stuff. I just wanted…
- 1:11:57 Kool you think? Oh, yeah. No. Of course. Of course. I mean, this is great. This is great. This this is we we talk about... We we we were saying, we need more news like this, because this is what shows our industry being…
Listener questions: the trading volume vs. market cap rule, and a possible ten year bull run like gold's
- 1:14:10 Dave You got it, man. Cool. I actually remember when you actually made that tweet. I was actually walking around the park waiting for my dog to get groomed in LA, and I remember you saying, dude, I tweeted about this…
- 1:20:00 Dave you said. Yeah. Yeah. Yeah. Yeah. So, overall, it's... I mean, when we talk about the sentiment towards the actual crypto industry, every... We have really massive tailwinds that are working massively in our favor. We…
- 1:25:56 Dave And, obviously, thank everybody for coming through. Yo. Like, you guys are seriously, like like, you guys are religious when it comes to supporting us. Yo. Rico, Props, Samara, Macho, mister Charles, Hanano, Viper, LJ…
Short excerpts from the auto-generated transcript. Listen on X for the full show.