0:04:00ATC Archive Site Launches
Dave announced the new allthingscrypto.eth website featuring around 60 ATC episodes, an ask-the-bot chat powered by Grok for querying past discussions, micDrop clips, and a calls leaderboard idea that Dave adjusted to focus on insights rather than right or wrong calls. Dave emphasized the site's value for sponsors, real-time queries by people and agents, and pushing ATC visibility as Grok Bot grows rapidly. Moni and Ryan discussed Meta earnings including a new share class causing dilution, negative free cash flow, raised capex guidance, a lawsuit charge, and Muse AI shopping where 25 percent of users buy with average purchases exceeding 200 USDC.
0:15:04Data moats
0:30:15Tesla SpaceX Merger and AI Talk
Ryan and NatNat reviewed Tesla earnings noting strong free cash flow despite some GAAP declines and highlighted Elon Musk forming a task force to explore a potential SpaceX-Tesla merger that would create a five trillion dollar company if approved by half the shareholders of both. Ryan pointed to exponential Starlink subscriber growth, robotaxi miles up eight times, and potential to disrupt telecoms and fiber. NatNat, Ryan, and Moni covered Zoom's Anthropic stake valued at three billion one hundred million dollars providing a one-time bump, plus post-COVID bottoms in RingCentral and Fastly that have turned up after years of bouncing along the bottom.
0:37:43Grok, Grok Bot, Grok Bot user growth
0:40:55Oil and Middle East tension, US output, crashes and recoveries, Tesla capex cut
1:00:07Solana Alpenglow Upgrade
Dave detailed Solana's Alpenglow upgrade going live on mainnet cutting finality from twelve point eight seconds to roughly one hundred fifty milliseconds for an eighty five to ninety nine percent reduction and moving validator votes off-chain to free up seventy five percent of block space. Ryan said from a TA perspective Solana looks pretty good and people he respects see strength in SOL. Milo discussed following Grayscale and ETFs for the RWA play, noted Avalanche at nine or ten after he entered at six, OpenAI's Reddit data deal, SpaceX acquiring nationwide eight hundred MHz spectrum making it a telecom competitor, and Starlink versus fiber costs where Starlink runs about sixty percent of fiber speeds in some areas.
1:09:24TradFi on Solana and EVs
Guest J Pilla said the Alpenglow upgrade aims to capture more TradFi and crypto finance share from Ethereum which holds the most deep money and stables and asked about moves to put credit funds or real world assets on Solana. J Pilla raised Canada and EU seeking a Starlink alternative after Ukraine speed issues. Ryan and Dave stressed Elon Musk does not lose and listed GM, Ford, Chevy, and Lucid as losers compared to Tesla. NatNat noted Goldman Sachs holds about one billion one hundred million on the Solana ETF side.
1:09:24BYD, spot, futures ETFs
1:22:00Cronos and Show Wrap Up
Guest J Pilla shared thoughts on Cronos as a so-called dead coin noting Crypto.com's legal setup, new Gen Z focused app, speed upgrade, stablecoin partnership with USDC, and an unburn that reissued seven billion tokens which reduced faith in its governance. Dave described a bottom-fishing philosophy that has succeeded on names like Basic Attention Token and Filecoin when viable businesses remain. The group brainstormed bot names, confirmed Ryan hosts tomorrow with Milo as cohost, discussed Kraken HBAR as a sponsor idea, POAPs, the twenty year bond auction, and the newsletter while emphasizing keeping cursing minimal to attract sponsors and kids.
1:22:00Revenue questions
1:34:50Bot name ideas
“share type. So get ready for dilution, number one. So that should play into whether or not you're invested in or you're thinking about getting in. That's number one. Number two, this is the first time in a really long time that they actually had negative free cash flow. It was, like, minus 2,000,000,000, and it's…”
Ryan0:19:47Share on X
“100%. And there's two things that that don't get a lot of love that I think are the sleepers here. When you look at SpaceX, you look at the increase of paid subscribers for Starlink. Right? I mean, that number is up exponentially. And, you know, I mean, we've been talking about this for a while. Like, he's he's…”
Ryan0:34:22Share on X
“No. So, look, I I... I've said... And I say this again. Right? Like, follow Grayscale. Watch what they're doing. Right? Watch the ETFs. Watch the r... RWA play. Right? I know everybody likes to dog on avalanche. That's been my thing for a while. I was in at six. We're at nine or ten right now. It's it's cooking…”
Milo1:03:56Share on X
“cost is always a factor. Right? And if you look at the cost of Starlink, compared to fiber, right, like, I pay $80 a month for my fiber. Starlink is, I think, a buck 30. I'm not changing. Right? Like, if I'm out in the middle of nowhere, it might be cool, but we're talking about, you know, US. That's not there. Then…”
Milo1:07:20Share on X
“And and and they needed to have liquidity to be able to accommodate that, number one. Number two, what, real world problem or what product market fit do they solve? They have crypto.com, which is a platform, right, that a lot of people use. But the third question and the most important question I think everybody…”
Ryan1:28:46Share on X
