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Episode · Sep 24, 2024 ·

All Things Crypto: Dave, Kool & NatNat. Dave is back from Singapore

On the mic

Summary

0:04:21

Dave Returns from Singapore

He encouraged listeners to attend local events like Permissionless in Utah or Bitcoin Amsterdam and to find their niche in crypto. Dave, NatNat, Kool and a guest praised the previous episode and stressed that one connection can unlock major opportunities.

0:04:21Return from Singapore and the value of meeting people in person, including MemeCon

0:08:38Money on the sidelines, Ant Pool, a meme coin hedge fund, web3 jobs, and Stacks block 864864

Moments0:15:29
0:17:48

Sui TVL, John Deaton and Show Name

NatNat noted Sui TVL crossed one billion dollars and the token was up nine percent. Dave explained how he shot his shot after seeing Farooq land Donald Trump and secured John Deaton for a future ATC appearance. Dave, Kool and NatNat recounted how the show was nearly named Blockchain Bahamas before Kool suggested All Things Crypto.

0:27:55

China Rate Cuts and DePIN Narrative

NatNat and Kool discussed China rate cuts and how past cycles sent Bitcoin ballistic. Kool said the two richest countries entering rate cut cycles at once could create massive wealth but warned many prior cycle participants have left. Dave highlighted the heavy DePIN focus in Singapore, shared projects like Silencio and Peak, and explained Peak delayed its launch to include more partners.

0:27:55The Asian market

Moments0:35:04
0:39:32

Charisma Exploit and Red Flags

Kool and Dave broke down the Charisma exploit on Stacks. Kool shared past hack experiences with Pike Finance that saw full reimbursement and a zkSync incident that did not. NatNat said she avoided Charisma after its website lacked details and she received no answers on Telegram. A speaker stressed that design decisions moved staked tokens to a central wallet without clear user communication.

1:00:46

Audits, Testing and Traffic Lights

Dave, NatNat and a speaker debated whether audits should be required before launch. They agreed basic pre audit testing and design reviews could have prevented the exploit. A speaker proposed a community traffic light system for protocol audit transparency and implementation of fixes. Dave welcomed the idea of balancing innovation with investor protection.

1:18:29

Diddy SBF Headlines and Stacks Art

The group reacted to news of Diddy and SBF sharing a cell unit. Kool said Diddy has many enemies and faces far greater danger than SBF in prison. Dave congratulated Dee and Hinano on their new baby and praised the real community support on Stacks before touching on fine art and the Leo coin NFT mint.

Moments1:18:29

Key quotes

“if you have an idea about something, stop being an idea person. Be an execution person.”

Dave0:20:37Share on X

“one one thing that has helped me, though, right, is to write my goals down.”

NatNat0:31:16Share on X

“You never wanna launch a token in a bad sentiment of the market.”

Kool0:38:05Share on X

“You should never get used to being hacks.”

Kool0:50:30Share on X

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Show discussion, not financial advice.