On the mic
Summary
On the hump day edition of ATC, Dave @DCBK2LA, Kool @koolcryptovc and NatNat @Natnatx007 opened by announcing that Senate candidate John Deaton is confirmed for an ATC space on Tuesday, then looked back on 2021 gains and a night of NewCypher arbitrage. The news segment covered the launch of Hermetica's USDH, a Bitcoin-backed stablecoin, on Stacks, along with the upcoming Stacks hard fork at block 864864 and the contrast between Caroline Ellison's sentence and Ross Ulbricht's double life sentence. The panel also discussed the GameShift API from Google Cloud and Solana Labs, a Citibank warning of a hard landing, Chainalysis data on crypto adoption in the MENA region, and Visa's new platform to help banks issue fiat-backed tokens. Later segments covered Bill Maher's crypto comments, Mark Cuban and the SEC, Binance's premarket spot trading, and crypto headlines involving BNY and PayPal. The hosts closed by planning a gated, interactive format for the Deaton show and asking listeners to send in questions. All of this is discussion, not financial advice.
Chapters
Opening: the upgraded ChatGPT voice mode, and confirmation that John Deaton will join ATC on TuesdayMomentAt 0:00:42 on X
The Stacks hard fork at block 864864, sBTC, and Bitcoin waiting on the sidelines to earn yieldMomentAt 0:20:36 on X
The GDP revision and Fed speakers, BNY's Bitcoin ETF custody, Coinbase vs the SEC, and PayPal crypto for businessesMomentAt 1:24:56 on X
Key quotes
“You get to hear from the horse's mouth directly.”
Dave0:09:10Share on X
“An ecosystem can't thrive if they don't have a stable coin adoption.”
Kool0:19:42Share on X
“And eventually, I don't know when it's gonna be, but eventually, I I see a future of people using blockchain tech without without even realizing they're using blockchain tech. That is mass adoption.”
“Absolutely. Positioning yourself is key. Whether you're in the stock market or crypto, positioning your portfolio for anything is key for longevity.”
NatNat0:49:11Share on X
“I think Visa is very smart, and they're ahead of the curve with this one.”
Excerpts
Opening: the upgraded ChatGPT voice mode, and confirmation that John Deaton will join ATC on Tuesday
- 0:00:42 Dave What's up, guys? What's up? What's up? What's up? Give me one second. I'm getting the music queued up over here. I'm sorry, but I was just playing with... Yo. Junie got an upgrade today, and she got this upgraded voice…
- 0:04:46 Dave Shout out to StackSee for that one who inspired this morning. She goes, why do I keep hearing
- 0:05:10 Kool You guys making too much money out here, man. You can't remember the day.
More on the Deaton show and a request for listeners to help promote it
- 0:06:12 Kool Bro, bro, I need a big favor. You need to make that link. Make that link a a space link. Once you do, send it to me. I'm gonna push this shit like crazy, man. This is... People... This guy doesn't go. He is... I think…
- 0:07:05 Dave We gotta get John on the show so that he can tell us, like, oh, XRP going past 53¢. You know what I mean?
- 0:08:37 Kool Yeah. No, Dave. I... I'm I'm sure I'm sure his staff, they've come to our spaces and listened to it before. I'm sure that they've come to my timeline, your timeline. They've come to not my timeline to look at what…
Memories of 2021: NewCypher gains and an arbitrage night between exchanges
- 0:12:15 NatNat That was me with NewCypher. I don't know if you guys remember the NewCypher token. Woah. They're now t.
- 0:13:24 NatNat With new Cypher, bro, no lie. One day I woke up, and it was, like, a $4 price per token. I was like, no. I got in at, like, 10¢. I was like, oh my god. That was the biggest gains I've ever made in crypto.
- 0:13:53 Dave Yeah. Yeah. That gives you springboard. Right? That runway gives you, like, oh my god. I think I was right about this. Like, I assessed this thing the right way. It was like when you bought Matic at five or six cents…
Threshold Network, and Hermetica launching USDH on Stacks with staking yield
- 0:15:55 Dave Yeah. That was... It was craziness, man, because they were coming out. They were doing a merger with Keep, and they were essentially... And that... So for people that don't know, like, that... Like, what Nat is talking…
- 0:19:20 NatNat on a dollar. Nowhere. Absolutely nowhere. Even, Robinhood, they had, they were issuing out a percentage as well, but theirs is capped right now at 4.5%, and people are flying for 4.5%. Imagine 16%.
- 0:19:36 Dave Exactly. Cool. What are you thinking about this news, bro? Like, I I mean, I'm super... I'm hella bullish on Hermetica.
The Stacks hard fork at block 864864, sBTC, and Bitcoin waiting on the sidelines to earn yield
- 0:20:36 Dave Yeah. I mean... And and, guys, just so everybody knows when the actual hard fork is coming, this is so funny. Look at look at how shit lines up. Right? Right now, we're currently on Bitcoin block 862862. It's wild. The…
Caroline Ellison's sentence compared with Ross Ulbricht's double life sentence
- 0:22:48 Dave Appreciate you, my brother. Thank you. Thank you. Thank you, bro. Thank you. Thank you. Thank you. Okay. What do we think about this story real quick? Let's get to the gossip first because, like, I feel like... Because…
- 0:27:05 Kool Reason. Yeah. She played ball. She said, look. And she's pretty smart. She jumped ahead of it because, like, if you guys remember, she was in New York. Like like like, miles. Like, I haven't even know what the miles…
- 0:28:38 NatNat Yeah. And and Ross Ulbrich had such has such a big backing behind him that there's actually a whole website to his freedom. Right? It's called freeross.org where they have all his information, even his... When he was a…
A live demo of voice mode accents
- 0:30:52 Dave I love seeing that. I love seeing it. Della, congrats. I love seeing you with the sloth because, obviously, I hear how, obviously, how bullish cool is on everything. But you guys wanna hear something funny? Nat Nat, I…
- 0:33:22 Dave I said to her at one point, I was like, Julie. She was like,. Then I was like, oh my god. Yo. This crazy.
- 0:34:20 NatNat Yeah. I saw... I believe Omelie, he tagged us on something like that. Someone actually had Siri. Was it Siri speaking in a... With a Jamaican accent?
THON updates, the Maven Eleven meeting, and Warner Brothers licenses for RWAs
- 0:35:22 Dave That's it. Yo. Storytime is gonna... Thon's storytime is going to be wild and cool. The Jeeps are out, bro. They knocked us down for almost 35%. You wanna start ape them back into thon, ladies and gents, now is the…
- 0:36:15 NatNat We've been really putting in the workday, because THON is ticking off. Right? And then we also have ATC doing some massive stuff with potentially more sponsors down the line. I'm still waiting on the final numbers, but…
- 0:36:39 Dave Yeah. And by the way, I I actually met Adi from Mercado, which, by the way, guys, that's also another... When I tell you, like, I just... When... I didn't tell you guys this yet, but I guess I might as well tell you…
Google Cloud and Solana Labs launch GameShift for web3 gaming
- 0:38:18 Dave for real for real. Holy shit. Okay. Let let let... Let's get that. Let's... Okay. Let's let's focus. Okay. Guys, you heard me talk about Solana in Singapore and how I was like, yo. The Solana Labs team is cooking out…
- 0:40:47 Kool Yeah. So just... As we're saying, all this is just a a step closer to, you know, global adoption with this with this blockchains. They need they need to get integrated with Amazon, with Google, stuff like that. I'm not…
- 0:42:57 Dave Let's go. Nat, will you... Give me your take on Solana Labs gaming Google Cloud partnership.
Citibank warns of a hard landing, and what it could mean for crypto
- 0:44:08 NatNat Alright. So remember how we were talking about the rate cuts last week? My... I've always been on the mind frame that rate cuts, especially aggressive rate cuts, kind of was bearish for the stock market and signal…
- 0:45:05 Dave Interesting. What... So now what are we thinking? Like, what now happens to the crypto markets? Like, are we are we thinking now? Like, is this finally where we see the, like, the the... Almost like crypto be kinda…
- 0:46:35 Kool Yeah. Yeah. No. So so you guys have to always remember that these companies, they come out with their prediction. Doesn't necessarily mean it's gonna happen. We we are supposed to already cross already. I think we…
Chainalysis: DeFi, stablecoins and altcoins gaining traction in MENA
- 0:49:26 Dave Big facts. Let's go. Okay. Let's move on to the next one because I thought this was a super interesting story. I didn't even know this was actually a thing. Do you guys know what the acronym MENA stands for? M E N A…
- 0:52:36 Dave Yeah. Cool. What do do... What do make of this? Like, is this something to be scared of, I guess? Is United, like, United States maybe losing footing, or is this, like, strategic for crypto?
- 0:54:18 Kool It's not... It is not... Is price. That's right. Sorry. That's it. That's it. And and that's exactly why these countries... Can you imagine if you live in these kind of countries and you have access to to put your…
Visa launches a platform to help banks issue fiat-backed tokens
- 0:56:20 Dave You good, young man. You good, bro. We good. We good. We're always good, bro. Like, believe you me. If anybody understands the spaces struggle, my boy, it is me, so I will forever empathize and never takes you…
- 1:00:58 Dave I love this. Benny, you wanted to throw your take in on the Visa on Visa
- 1:04:19 Dave Benny's right, though. Y'all remember the news when we heard Visa bought a CryptoPunk. We were just like, what? Oh my god. Like, we were, like, over the moon that it was like, oh, they know that this exists? That we're…
Bill Maher's crypto comments, and Mark Cuban wanting to lead the SEC
- 1:06:15 Dave I will. I will. I will. I'll look it up. I'll look it up. So... Yeah.
- 1:07:58 NatNat Kenny. But speaking of Mark Cuban, he's shooting his shot for head of SEC right now. He wants to be head of SEC, at least according to the, according to Fox News. He was literally on their
- 1:10:06 Dave Yeah. For those that don't know, Bill Maher was, essentially, he came out with that super, controversial documentary called Religulus, right, where he essentially was just, like, essentially compare... I mean, it kinda…
Binance premarket spot trading, and Whales Market as an alternative
- 1:12:44 Dave So Oh, shit. Okay. Alright. Alright. Let's let's let's go on to this next story. Okay? So next story is Binance unveils unique premarket spot trading for actual tokens leading the industry. And I said to myself…
- 1:17:00 NatNat Yeah. I think I'm I'm with Hoola. I think it's a... It's it's a very big deal. I don't like that it is not available in The US. I feel like we can benefit from something like that here as well. Right? And I do like as…
- 1:18:16 Dave Let's go. Yeah. I remember I remember... What's his name? What what was that dude's name on the wolf web three show that brought this to to our attention? Cool. What what was... Shit. Default. Default brought this up…
Planning the Deaton show: listener questions and a gated stage
- 1:19:56 Dave But... Yeah. Nah. Nah. You're good. If you... Whenever you had a jet, you got a jet. But I figured, like, I really just wanna you... Actually, real quick, Nat. But before you go, I I I wanna just spend, like, the last…
- 1:21:48 NatNat Yeah. So I really like Cool's idea, guys. And don't be don't be afraid to, like, DM us as well. If you don't wanna post underneath the comments once we repost the the show, feel free to DM us and feel... Make it... My…
- 1:24:13 NatNat I listen. They flooded it so bad. Like, I was clicking, like, the x button to delete it, and it keeps coming. We have to close the space down.
The GDP revision and Fed speakers, BNY's Bitcoin ETF custody, Coinbase vs the SEC, and PayPal crypto for…
- 1:24:56 NatNat Yes. We can hear you. Guys, one thing before I forget. GDP. Remember we talked on GDP earlier? The GDP revision tomorrow morning. That's one of the key reports that the market will be looking at. And we have a whole…
- 1:27:21 Dave No, bro. Always throw them up there because when people come back and they actually, like, listen to the space, like, the the the pins actually, like, are up there. So, like, I'm good, like, with whatever, Benny. Like…
- 1:29:45 Dave Way too ahead of the curve, Nat. I was too far ahead. It was no good. I let a lot of that shit expire. I don't know what happened. I'm panicked. I don't know. I didn't wanna renew them. But whatever. We still truck on…
Short excerpts from the auto-generated transcript. Listen on X for the full show.