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Episode · Jan 29, 2025 ·

All Things Crypto w/Dave Kool & NatNat Sponsored by @BTC OS

On the mic

Summary

0:03:27

FOMC Holds Rates, Powell Goes Pro-Crypto

Dave welcomed listeners and highlighted the FOMC decision to hold rates steady. Landy explained that markets dislike surprises and praised Powell's comments on banks facilitating crypto safely, referencing SAB 121 and calling for better regulatory frameworks. Landy noted Powell's pro-innovation stance aligns with the new administration and suggested Trump may later pressure for rate cuts.

0:09:17Market reaction speculation and Trump influence on Fed

Moments0:03:27
0:18:16

Wallet Expansions, Delistings, and Trump Fintech

Dave and Kool discussed Phantom wallet adding multichain support including Sui, with Kool noting Sui's speed, user growth, and competition among chains using Move language. Landy criticized Crypto.com's plan to delist USDT and nine other assets for EU MiCA compliance, predicting stablecoin wars favoring USDC. The group covered Trump Media launching truth.fi as a fintech and investment platform integrating with Truth Social, with Landy viewing it positively for tokenized products.

0:34:52

Yaps Points, Decentralized AI, and Futureverse

Kool and a speaker debated the Yaps social points system that rewards talking, with Kool enjoying the fun culture and attention for smaller projects while the speaker called it disconnected. Bildo Verde recapped a prior space on Think and Futureverse's decentralized AI protocol for owning and transferring AI data. Tulloch shared that he knows the Futureverse team personally, calling Aaron and his brother David geniuses building mainstream AI in health and finance.

0:50:33Bitcoin-focused AI agents and connections to Futureverse team

0:59:49

ETHDenver Plans and Bitcoin Reserve Momentum

Spiv described his large tokenized event at ETHDenver with over a thousand RSVPs, seeking sponsors and speakers for show-and-tell pitches, while Dave and Bildo Verde planned to attend for networking and Futureverse demos. AlphaGamer noted 16 or 17 US states adopting Bitcoin reserves and highlighted that under 6 percent of Bitcoin supply remains to be mined, with the strategic reserve aiming to acquire a large portion.

1:24:35

FASB Rules, Airdrops, and Global Exchange News

AlphaGamer explained new FASB accounting rules allowing fair value for Bitcoin holdings, citing Tesla's 600000000 gain in Q4 that boosted its stock, crediting Michael Saylor's influence. The group touched on Forecaster airdrop farming strategies. Dave noted Coinbase's approval to launch in Argentina and French investigators launching a money laundering probe into Binance.

Key quotes

“The markets don't like unexpected moves by the Fed, whether it was, to to Cool's point, to the upside or the downside would have, in my opinion, had a, at minimum, short term negative effect on the markets either way.”

Landy0:09:47Share on X

“He literally said banks are perfectly positioned to essentially, facilitate crypto transactions. Like, what the fuck?”

Dave0:11:57Share on X

“There's money coming from USDCircle into DC to try to kill USDT, and that's the way it is. But, unfortunately, I mean, USDT can be killed, man. This... They're too big to fail now.”

Kool0:25:56Share on X

“If you're yapping and you're getting paid a $100, that's that's big money for them, man. That's the reason why I will never look down on any protocol for rewarding users or whatever.”

Kool0:37:04Share on X

“Aaron's, like, a genius, obviously, but his brother is, like, the mastermind with the with the AI stuff.”

TTulloch0:50:33Share on X

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Show discussion, not financial advice.