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Episode · Jul 30, 2024 ·

ATC: TRON A BETTER BUY THAN ETHEREUM?

On the mic

Summary

Bitcoin Conference Recap

Kool opened with a recap of the Bitcoin conference in Nashville. He described Trump's appearance, talk of a Bitcoin treasury reserve, and the money flowing into politics from the crypto industry.

0:05:01Hong Kong, and crypto campaign fundraising

0:12:13NatNat back from vacation and a Bitcoin, QQQ cup and handle chart

0:16:58$20, 000 in digital asset inflows year to date, Polymarket, Tron revenue, SEC and Solana, Hamster Combat airdrop

Lumis Strategic Bitcoin Reserve Bill

The panel then took up the Lumis strategic Bitcoin reserve bill and the idea of paying off the national debt.

0:25:41Kayla asks about buying the dip, trading volume, starter positions and support levels

Moments0:18:36

Weakening Dollar and Global Debt

That led into a wider talk about the weakening dollar, Japan, the BRICS nations and who holds US debt.

0:28:44Gold Rush on RFK, the Tennessee Valley Authority mining Bitcoin with nuclear power, and the dollar's buying power

0:31:16Government Bitcoin wallet movement and who holds US debt

Tron Surpasses Ethereum Revenue

They looked at reports that Tron is now earning more daily revenue than Ethereum. This is driven by USDT use outside the US.

0:36:28Dollar depreciation, Japan defending the yen, and the BRICS nations moving away from the dollar

0:47:37SEC amends the Binance suit and drops Solana, Polygon and Cardano, Fair Shake super PAC

Moments0:39:27

SEC Drops Tokens From Binance Suit

The SEC dropped Solana, Polygon and Cardano from its securities list in the amended Binance suit.

0:54:45Goldman Sachs comment on Bitcoin as a store of value, Series 6 and 7 advisers

1:01:39Tron staking 2.0, and staking in your own wallet

Polymarket Hits $1,000,000,000 Volume

The show closed with Polymarket's $1,000,000,000 in all-time volume and its election betting odds. It ended with advice for newcomers on allocation, staking and patience.

1:07:16Trump, Harris bets reach $445

1:24:24Avoiding rugs, and "stake and chill"

Key quotes

“the US dollar is depreciating while Bitcoin is appreciating to historic levels.”

NatNat0:36:28Share on X

“Whales are not here to make us rich.”

Kool0:53:21Share on X

“And now it's like, hey. We need you to go talk to your clients about how to sell this now. Right? It's like a total flip.”

🪏🪏A. Orito Goldberg0:58:07Share on X

“compound interest is the eighth wonder of the world. Those that use it will earn from it. Those that don't understand it, they'll pay it.”

BBenny Lee1:05:14Share on X

“The coolest thing, right, at the moment, at the end of the day, is not what's gonna make you money. It's not. What's gonna make you money is the consistency.”

Dave1:05:39Share on X

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Show discussion, not financial advice.