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Episode · Mar 20, 2025 ·

All Things Crypto: Bitcoin Miners Safe says SEC

On the mic

Summary

0:03:37

Scams, Shoutouts and Market Chatter

Landy shared getting similar cash and Bitcoin offers with suspicious links.

0:03:37Show promo and intro banter

0:04:59Telegram username purchase scams

0:09:06Shoutout to Peace and Diorganize Media

0:09:49Market sentiment and Bitcoin price levels

0:11:35

Tron Updates and ATC Announcements

Sunny D recapped a Justin Sun space hinting at a Tron ETF, and noted Tron now available on Solana via Pump Swap. Sunny D explained staking TRX for about 5 percent daily yields, plus earning and selling bandwidth and energy resources for passive income on JustLend DeFi. Kool joined late after his phone died, and MetaBeast was formally announced as ATCs official metaverse contributor.

0:21:03

Pump Swap Launch and Competition

Dave covered Pump.fun launching Pump Swap DEX with instant zero fee migrations from bonding curves, down from 6 SOL previously. He criticized Pump.funs Twitter for following zero accounts, while extracting hundreds of millions. Landy and others discussed the rivalry with Raydium, noting Pump.funs extractive model, and predicted they may launch their own token. Viper and Kkoma talked Banker Bot alpha and late night crypto life.

0:21:03Upcoming WagMeUp AI space announcement

0:51:07

Story Protocol for On Chain IP

MetaBeast introduced Story Protocol for tokenizing IP rights with AI integration. Kool said it has been one of the best performing assets with a strong narrative around on chain IP, and he is staking. NathanXreality highlighted challenges around IP enforcement despite on chain provenance, while Dave noted partnerships with Oxford University and Stability AI for AI agent communication and content tracking.

0:59:04Industry overhaul

Moments0:51:07
1:22:54

SEC Clarifies Bitcoin Miners

ALEX DAMSKER explained the SEC ruling that Bitcoin miners and proof of work do not violate securities laws, stemming from a cloud mining scam case. She noted this puts proof of work activities under contractual fraud rules or CFTC, rather than SEC securities rules. Landy asked about hybrid proof of stake and proof of work protocols, which ALEX DAMSKER said remain in a gray area, unlike pure proof of work.

Moments1:22:54

Key quotes

“Trust me, bro. Listen, Fernando, Brent Fernando, please just send me the 4,000 ton.”

Dave0:06:44Share on X

“They're doing this to make more money, man. That's that simple. They're not doing this to make anything better.”

Kool0:25:11Share on X

“I don't have that kind of mental strength to deal with. Can you imagine going in with nothing, building up your portfolio to 10,000,000 and go back to 0 again?”

Kool0:27:16Share on X

“Fundamentally, most creatives don't have a really solid understanding of business and business strategy.”

AALEX DAMSKER0:59:04Share on X

“We have to start thinking bigger, and this is the biggest flaw of Web three and blockchain in general is that a lot of the people who are in this space are thinking way too small.”

AALEX DAMSKER1:08:53Share on X

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Show discussion, not financial advice.