On the mic
Summary
The speaker labeled LAZY @NotLazy36 opens with a recap of a trip to Singapore, covering MemeCon, money waiting on the sidelines, web3 job opportunities, and Stacks block 864864 for the Nakamoto hard fork. They also say senate candidate John Deaton has agreed to come on ATC, with a date still to be set. Kool @koolcryptovc and NatNat @Natnatx007 discuss China cutting rates, rate cut cycles, long-term investing, and why delaying a token launch is not always a bad sign. Most of the space covers the Charisma exploit on Stacks. Speakers talk about accountability, shoddy DAO proposal design, testing before an audit, and audit transparency, and IanBanksia.btc @ImBanksia proposes a community GitHub effort to rate protocols with a traffic light system. Later segments cover the Diddy and SBF headline, fine art on Stacks, the Leo coin NFT mint whitelist, and the upcoming spaces lineup. All of this is discussion, not financial advice.
Chapters
Return from Singapore and the value of meeting people in person, including MemeConMomentAt 0:04:21 on X
Money on the sidelines, Ant Pool, a meme coin hedge fund, web3 jobs, and Stacks block 864864MomentAt 0:08:38 on X
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.”
Excerpts
Return from Singapore and the value of meeting people in person, including MemeCon
- 0:08:30 Kool Yeah. I saw I saw I saw the... I, yeah, saw his his profile. He he was a speaker on Confish. Did you meet him?
Money on the sidelines, Ant Pool, a meme coin hedge fund, web3 jobs, and Stacks block 864864
- 0:08:38 Dave Yeah. Well, I didn't get a chance to meet him because I had to dip out a little bit early. I went to Solana BigQuery. But, yeah, I took a picture. I shared it in the in the degen... In the Nigerian degen chat. So…
- 0:15:16 NatNat It was cool. It was cool. We got a nice balloon. No. Exciting times. But I'm happy you're back. Welcome back, Dave. I know you've been traveling for, like, two days almost. No?
Upcoming crypto events and finding your niche
- 0:15:29 Dave It feels like it. It genuinely feels like it. It was literally 20... It was twenties... It was... It's twenty three or twenty four hours of flight time, but, like, the... Between layovers and transport, it's, like…
- 0:17:23 Dave Oh, I... What do you... You you didn't think I I listened to the entire all things crypto?
- 0:17:29 Dave When I was sitting at the airport, it was a fucking dope ass episode, by the way. Like, I very rarely go back and listen. Right? Like, when you host, you don't really listen, but I was like, you know what? Let me go…
Sui TVL over a billion dollars
- 0:17:48 NatNat Thank you. Thank you. Thank you so much. And I I think it was very interesting. Like, towards the end, touched on on Sui and the t... TVL over a billion dollars, and it... Sui is up, like, 9% right now.
- 0:18:26 Dave No. No. You're good, man. If there's certain things that, obviously, you guys wanna bring up, but... So everybody here knows, like, what what I've been working on.
- 0:18:40 Dave Yeah. So for those that that that I haven't told, I'm just... I'm literally just waiting on, like... I'm literally having active converse... And look. If y'all don't use this as... Like, I'm not saying I'm the source…
Shooting your shot and the planned John Deaton appearance on ATC
- 0:18:40 Dave Yeah. So for those that that that I haven't told, I'm just... I'm literally just waiting on, like... I'm literally having active converse... And look. If y'all don't use this as... Like, I'm not saying I'm the source…
- 0:20:30 Kool Well, yeah, he he got... He's having debates with Elizabeth Warren, I think, next week, man. Next week. That's what his debate is.
- 0:23:57 NatNat Oh, it was a pleasure, Dave. It was a pleasure holding this down. And we... You know what I realized? I realized we do have some very, very loyal community members here. We have good people... A good bit of people…
How the show got its name (Blockchain Bahamas vs All Things Crypto)
- 0:25:13 Dave That'll be dope. Hell, yeah. And you guys wanna hear a funny story? I don't think Cool. I don't think I ever told this story. But, like, when I reached out to Cool at one point, I was just like, yo. We need to talk…
- 0:26:21 Kool What are your bananas? Oh, Bahamas. Okay. Blockchain bananas. Block... Blockchain Bahamas. I was like, no, bro. You need... We need something that could could basically just cover in the entire way I put this space…
- 0:27:06 Dave How you doing? Wow. We're a household name at this point now, so, there's no there's no there's no going back. But, you know, when you hear that one of those stories, you're just kinda like, blockchain Bahamas. Like…
China rate cuts, the Asian market, and rate cut cycles
- 0:27:55 NatNat Hell, yeah. And I really do believe this is only the beginning, man. I... Yesterday, we touched on the Asian market, and then last night, guess what? China decided to cut rates. It... The Chinese market. Yes. The…
- 0:28:31 Kool The the last two times China was in financial trouble with the r and they start cutting rates, Bitcoin went absolutely ballistic. So I'm just... Like I said, guys, I'm... It... It's kinda funny because I'm like, yo…
- 0:31:40 Dave You guys have no idea. Oh my god. I forgot about these gymnastics that Elon makes me do, man. Like, I literally... Like, my phone... I mean, Twitter just literally shut down on me. Had to restart, reconnect like, yo…
The DePIN narrative in Singapore, Silencio, and Peak's launch delay
- 0:35:04 Dave Yeah. Dude, let me tell you about deep... Let me tell you how heavy Deepin's was in Singapore, bro. Like, every every talk that was packed was Deepin's. Everything was deepened. Massive, massive money. You saw that…
- 0:36:28 NatNat Save. I was actually going to ask you about that. That's... Okay. Go ahead. Go on first.
- 0:36:32 Dave Yeah. No. No. You're good. You're good. But just really quick on the on the Peak side. So Peak came out. You guys know about Peak. Right? Our our buddy Scott that was on here. I got to meet Scott in person. I got a…
Accountability and a breakdown of the Charisma exploit
- 0:39:32 Dave Got you. Good stuff. Lazy, I'm gonna come to you in a minute. I just wanna get this show cracking because I know that we've been, we've been talking about a few things, and, I think there's a bunch of stuff that we…
Past hacks, reimbursement, and spotting red flags early
- 0:50:30 Kool Yeah. No. So this this happens this happens all the time. Right? So if I think we... Crypto people are are getting used to hacks. It's not a good thing. You should never get used to being hacks. Right? But, yeah, this…
- 0:52:31 Dave I I guess. But it's like, if if you're gonna personally reimburse everybody, then why couldn't you get an audit? Right? Like, that's that's my thing is, like, if if these things are happening, right, you can't just…
- 0:55:28 Samara Yeah. I'm glad we're having this conversation because, personally, I I don't know. The universe was just, like, my favorite because I tried staking my Welsh on Charisma, like, four times and it didn't go through. It…
Design decisions and how risk is communicated to users
- 1:00:45 NatNat good. Quick question, though, before we go to Samara. What... Shouldn't it be a requirement to have an audit done before these products are released?
Whether audits should be required, and testing before an audit
- 1:00:55 Dave So that's a good question now. Right? And that's what we've been discussing, right, at the top. It it is like, well, it becomes prohibitive because then it's like, how do you incentivize developers that don't have $50…
- 1:03:18 Samara Yeah. My problem with all this hack is that, like, they they mean to tell people that a hacker puts a bug and it sat there for days and no one could catch it. Like, that's what... That's that's the crazy thing. How can…
- 1:04:30 NatNat Right. Because there was no information about the platform. There was not enough information about the platform to solidify anything, and that's that's been my problem with Charisma from the beginning.
Audit transparency and a community traffic light system for protocols
- 1:07:56 Dave I love that, Ian. Thank you, man. I appreciate that. It's true. And look, like, this isn't to knock, like, the Alex team either. Right? But... Because at the end of the day, like... And I met the Alex... A lot of the…
- 1:12:58 Dave I appreciate it, Chuck. And and and this is... And I'm just being brought up to speed now. Also, guys, like, I literally just got... I got back to Brooklyn a couple hours ago, and I literally just, like, launched this…
- 1:15:33 NatNat know I'm Oh, it sounds sounds very, very windy where you where where you currently at right now.
Diddy and SBF headline, then fine art on Stacks and the Leo coin NFT mint
- 1:18:42 Dave Yo. This is so net positive for Thanh. If you're not bullish on Thanh story time next time... Oh, and real quick, massive, massive shout out and congratulations to Dee and Hanano. They just gave birth to their next…
- 1:25:53 Dave This. Shout shout out shout out to Rambler. He he created that shit on the fly. Yo. But here's the quick comment. I'm a go to Rambler right now, but you can't see this conversation happening right now between SBF and…
- 1:36:39 NatNat This is all popping up after he decided to sue the liquor brand. Remember? What what was it? Was it delayed Exactly. On or
Short excerpts from the auto-generated transcript. Listen on X for the full show.