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Episode · Aug 29, 2024 ·

ATC: DePINs can get you mf en $PAID!!! Don t believe us? Jump in

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Summary

In the last All Things Crypto show of the week, the hosts and speakers covered Donald Trump's vow to make the US the crypto capital of the planet. They also talked about Forbes partnering with OKX on an NFT community, an article calling for an altcoin season at "sell your house" levels, and Polkadot becoming Inter Miami's official global training partner. Kool and Landy pushed back on the altcoin season story, saying the market lacks liquidity and that Bitcoin has not had its real run yet. Several speakers agreed that web3 products need to be simpler and hide the tech if they want to bring in new users. The second half was a DePIN deep dive led by Voice C, who covered earning tokens with apps and devices such as Silencio, Hivemapper, Demo, Wingbits, Natix and BitDr, and warned listeners to check whether the data is actually worth anything and to watch out for grifters. All of this is discussion, not financial advice.

Chapters

Voice G opens the show with the day's lineup: DePINs, Trump, Crypto.com, Forbes, altcoin season and PolkadotMomentAt 0:04:22 on X
Dave on DePIN passive income: a dashcam earning $250 a week and a Raspberry Pi with an antenna tracking flight dataMomentAt 0:08:33 on X
Kool on the SEC Wells notice to OpenSea and Trump's crypto moves as a win-win for himMomentAt 0:11:37 on X
NatNat and Samara on the US falling behind El Salvador, Rwanda and Dubai on cryptoMomentAt 0:14:42 on X
Dave on what a US crypto capital plan needs: new regulation, tax incentives, education and public funds tracked onchainMomentAt 0:19:58 on X
Forbes partners with OKX to launch an exclusive NFT communityMomentAt 0:22:30 on X
Kool says Forbes has lost relevance, and NatNat sees a possible comeback for the brandMomentAt 0:24:28 on X
Landy plays devil's advocate: Forbes is going after the liquid capital held by older investorsMomentAt 0:35:31 on X
Samara on OKX being unavailable in Nigeria, airdrop fatigue, and running nodes and web3 gamesMomentAt 0:38:11 on X
The "altcoin season inbound" article is challenged on liquidity, Dollar General and Binance listingsMomentAt 0:42:21 on X
Landy on Bitcoin dominance, MACD being a lagging indicator, ETH's weekly chart and energy policy for minersMomentAt 0:49:24 on X
Polkadot and Inter Miami: Voice C on business development handoffs and keeping web3 as part of the stack, not the front endMomentAt 0:57:19 on X
Samara and NatNat on bridging fatigue and why user-friendly design brings in new liquidityMomentAt 1:04:45 on X
DePIN deep dive: Silencio, Hivemapper, Demo, Wingbits, BitDr, Natix, and why data value mattersMomentAt 1:14:05 on X

Key quotes

“That's an extra 12,000 a year for literally doing nothing.”

Dave0:09:50Share on X

“You will need liquidity, liquidity, liquidity.”

Kool0:44:28Share on X

“We've been in a bull market, but we haven't seen the bull run yet.”

Landy0:49:24Share on X

Excerpts

Voice G opens the show with the day's lineup: DePINs, Trump, Crypto.com, Forbes, altcoin season and Polkadot

  • 0:06:32 Dave Oh, shit. Let's go, Judy. That's what the fuck I'm talking about. That's the way you intro that's the way you intro a freaking space, baby. What's good, everybody? Welcome. I see everybody in the listeners. Yo, Brett…
  • 0:07:22 Dave Let's go. And you better stop... You you you better stop shaming me on the timeline with all these workout videos, bro. I'm getting tired of it. Alright? I tell you these things in confidence. Okay? Why I'm single…
  • 0:07:55 Dave I tell... Now now you see what he does to me, man? First, he does the Junie navigation thing, and then he does this. Oh my goodness. Nat, what's up? Junie meant every word that she said on that opener. You're the shit…

Dave on DePIN passive income: a dashcam earning $250 a week and a Raspberry Pi with an antenna tracking…

  • 0:09:50 Dave bro. Yeah. That's an extra 12,000 a year for literally doing nothing. Nothing. So between HiveMap or Demo, he was teaching us how to, like, literally buy a small little Raspberry Pi and put some ABS antenna on top of…

Kool on the SEC Wells notice to OpenSea and Trump's crypto moves as a win-win for him

  • 0:11:37 Kool Yeah. So this is interesting. The game the game is different now, I think. Okay. So so the the whole thing is... You know, it's happening right now. Okay? I... I'm just speculating. This is just what I'm... What I…
  • 0:12:08 Dave MSB? Yeah. So MSB, you got hot mic, bro. I don't know if you can mute or what, but this is mic. People. So I'm a I'm a put you down real quick, MSB, and I'll bring you right back up. Go ahead. Cool. My bad.
  • 0:12:19 Kool Yeah. Yeah. I think that's what Mike... Yeah. So, the the speculation for me, I think, we we we we just had, you know, obviously received a Wells notice. I'm just speculating, guessing. I think this is an attack on…

NatNat and Samara on the US falling behind El Salvador, Rwanda and Dubai on crypto

  • 0:14:42 NatNat Yeah. That Donald Trump news is very interesting, and I I like his point of view on it because with regards to crypto, we're... We are behind the curve. If we look at the global spectrum, right, El Salvador, Latin…
  • 0:15:45 Samara Yeah. Jim Jim, Dave. Cool. Nah. Nah. Shout out to you guys. Yeah. About Trump's situation. Like, bro, I think Trump might might be in history one of the highest recipients of millions of dollars. Because, bro, just…
  • 0:18:14 Dave And ladies and gentlemen, the Tyson Beckford of the blockchain just joined us. MSB with no hot mic. What's good, bro?

Dave on what a US crypto capital plan needs: new regulation, tax incentives, education and public funds…

  • 0:19:58 Dave Yeah. So let me get... Great take some... Great take, MSB. Let me give you a context. Right? So what does he plan to do, right, to position The United States as global leader in crypto innovation? Right? Like, how do…

Forbes partners with OKX to launch an exclusive NFT community

  • 0:22:30 Dave You're stop it. You're stop it right now. This is recorded space. Okay? I'm not trying to get get lynched out here. Shit. Let's talk about Forbes. Right? So Forbes recently announces a partnership with OKX to launch an…

Kool says Forbes has lost relevance, and NatNat sees a possible comeback for the brand

  • 0:24:28 Kool I'm not I'm not I'm not I'm not liking it as you. I'm not gonna lie because... So it... It's very difficult for older companies to compete against new ones. Forbes has been around for so long. Their relevance is not as…
  • 0:30:58 Dave Listen. If we out here trying to hold grudges, we ain't never gonna get adoption from anybody that now. What are we gonna say? I'm mad at you. This way, I know you hated crypto in the beginning. It's like saying a…
  • 0:33:11 Kool Yeah. She she she is still in her, like like, Us details. She stole she stole it from the brightest minds in the world. So... And it puts her on the magazine saying, oh, the next Kathy Woods. I'm like, bro, man.

Landy plays devil's advocate: Forbes is going after the liquid capital held by older investors

  • 0:35:31 Landy I'm doing good. Thanks, Dave. You know, I was trying to jump up, and I was getting rugged when you were talking about some of the policy stuff in The United States because I actually am a miner. So I have significant…
  • 0:37:37 Dave Let's go. See, that's the fuck I'm talking about. Told you cool even though you agree with both of us. It's fine. Let me just wanna say I told you so, but whatever. Landy, great take, bro. I love that because now it's…

Samara on OKX being unavailable in Nigeria, airdrop fatigue, and running nodes and web3 games

  • 0:38:11 Samara Yeah. For OKX, like, it's been discontinued in Nigeria. So when... We have no access to OKX. So when it comes... But when it comes to the whole Forbes thing, bro, everybody in their mom is on Forbes. Like, it doesn't…
  • 0:39:49 Kool I don't wanna do something new. I need I need excitement in my life, and I I I hear it's very right. I just... I don't I don't feel... I don't I don't think it's a a... The price that goes sideways has an effect on on…
  • 0:40:08 Dave Excuse me. Excuse me. None of y'all are the demographic. Okay? As Landy clearly stated that Forbes is going after. They are not here to feed your degenerate dopamine tendancy... Tendencies. Okay, guys? That's not what…

The "altcoin season inbound" article is challenged on liquidity, Dollar General and Binance listings

  • 0:42:21 Dave You selfish motherfuckers. I swear to god. You selfish sons of bitches. Okay. It's true. It's true. I hear you. I hear you. But, hey, at least you're probably one of the ones that's trying to kinda reinvent and see…
  • 0:44:28 Kool Yeah. I don't... I I I don't know about the hell of a man. Don't be sunny house with no That makes no sense. But... Okay. Yeah. No. No. I I... Yeah. I don't know about all coin season. I I don't know about that, man…
  • 0:48:28 NatNat Nat Nat? I'm not selling nothing. But based based on the article, it sounds like they're basing this opinion of this pure technicals, and that's the thing with just make... Making investment decisions or giving…

Landy on Bitcoin dominance, MACD being a lagging indicator, ETH's weekly chart and energy policy for miners

  • 0:49:24 Landy No. So Bitcoin dominance is actually still pretty high. It's... The technical indicator, like like Nat Nat was just saying, it... The moving average crossover divergence is not a good indicator for this stuff even if…
  • 0:50:56 Landy And and and the big thing... Yeah. And the big thing is, as you both were saying, like, this has been a bull market for a while since the lows. And, realistically, if you've been around for a few cycles in crypto…
  • 0:52:48 Dave Mom, don't sell the house. Don't don't sell the house. Don't sell the house. Not yet. God. The meatloaf. No. Fuck. Listen. Why did they put stories out like this then? What the fuck? I don't understand. Like, do they…

Polkadot and Inter Miami: Voice C on business development handoffs and keeping web3 as part of the stack…

  • 0:57:19 Dave Okay. Here we go. So, Scott, I'm gonna talk... I want us to talk deep into the second. I just got one more story that I want us to get through, but I also... I kinda wanna, like, start with you and kinda maybe give you…
  • 1:03:51 Dave Everybody be bored AF out here. You're right, bro. The hide the wires component, I love the point. I love the take about as part of a stack. I don't... No need to make it front facing. Does that mean, I guess, I'm not…

Samara and NatNat on bridging fatigue and why user-friendly design brings in new liquidity

  • 1:04:45 Samara Yeah. I agree what he said. I... Well, I agree the part where he said we don't have to make everything so we're three eccentric. And I think that's where the problem is, especially with people building all this layer…
  • 1:06:06 NatNat Yes. How we were, talking to them, and we were talking about the liquidity and how when you're building something, it's important to make it, user friendly and accessible because me... I tell you right now, I am not a…
  • 1:07:22 Kool Yeah. And I do agree, guys. Definitely, not much to say. It needs to be web two friendly, but I wanna hear what Scott's saying. I wanna know how to make money by plugging some devices in

DePIN deep dive: Silencio, Hivemapper, Demo, Wingbits, BitDr, Natix, and why data value matters

  • 1:14:06 Dave Dark Virus. Yeah. Yeah. Yeah. With Dark Virus, bro. Like, so for everybody that doesn't know, I'm gonna let I'm gonna let Scott school y'all. But, like, literally, this man taught me today that I can now start earning…
  • 1:26:34 Kool That's the way you could tell them, it just... It would just go from one year after the other year. Aliyah, Aliyah. Come on, man. Aliyah, come on. Yeah. So so I... If you guys... That'll be that'll be that'll be so…
  • 1:30:57 Dave Let's go. Love it. Visitor one came up. I see you got deep pins in your in your profile, bro. What's good? Talk to me.

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