MR SHIFT 🦁
@KevinWSHPod • 63,449 subscribers
🎙️ When Shift Happens - I sit down weekly with the most Credible People in Bitcoin & Crypto
Videos
E184: Ethena CEO - Why Ethena Pay Feels Like Revolut, Not MetaMask G | Ethena is the founder and CEO of Ethena. He stumbled into DeFi in 2019 when a friend showed him MakerDAO - taking out a $5,000 loan against $10,000 of ETH with no one standing in the middle of the transaction. Six years later he's running Ethena, which scaled to $15 billion in stablecoin supply faster than anything else in crypto history, and his thesis is that a dollar with a yield in an app that doesn't feel like crypto is what finally brings 100 million new users in. Timestamps 0:00 Intro 2:37 Which Of Guy's Plans Fell Apart 5:37 Where Actually Are The Users Everyone Wants 7:10 What Got Guy Hooked On Crypto 9:20 PayPal vs Revolut vs Neo Banks 12:43 Partnerships: Variational Bitwise 13:36 Revolut vs Stablecoin Neo Banks 15:58 Is Switching To Neo Banks Really A 10x 18:00 EthenaPay, Explained Simply 21:21 Why Build Another Crypto Neo Bank 23:53 Will Crypto Banks Fight Over The Pie 25:55 How Ethena Wins Users By Helping Everyone 32:47 What Actually Makes Ethena Different 36:51 Ethena's Cashback System Revealed 38:32 How Ethena Cuts Fees 39:39 How Ethena Finds The Best Yield 45:16 Guy On Dealing With FUD 48:35 Why Guy Stays Quiet 49:29 Partnership: KAST 50:17 Ethena's KPI Targets 51:55 The Holy Grail For A Stablecoin Neo Bank 52:31 Partnerships: Jupiter Ethena 53:14 If Everyone Does The Same Thing, Who Wins 55:23 What's Next For Ethena After EthenaPay 56:36 Is EthenaPay Basically USDe 58:04 Closing Thoughts
MR SHIFT 🦁74,093 Aufrufe • vor 2 Tagen
DROPS 42: Kinetiq - Building Hyperliquid's biggest protocol and solving the HyperEVM problem Omnia π runs Kinetiq, the largest protocol on Hyperliquid. He's anonymous, been building in crypto for almost a decade, and went from hotel management to a digital asset hedge fund to founding the third largest liquid staking protocol in crypto. We get into how Kinetiq pulled in $2.5B in five weeks, why he thinks HyperEVM gets a bad rap, and what's coming next with Elysium - Kinetiq's new L2 - that might be the first L2 in crypto that adds value instead of extracting it. Timestamps: 0:00 Intro 2:05 Why Omnia Hides His Face 3:04 What Omnia Actually Builds 3:47 Who Is Omnia? 6:08 From Hotels To HyperLiquid 8:55 Why HyperLiquid Over Everything Else 12:02 Kinetiq In 60 Seconds 13:25 Why Liquid Staking First 15:35 What kinetiq:native Holders Actually Get 17:33 Sponsors FortisX 17:59 Can Anyone Beat TradeXYZ? 20:54 The Real State Of HyperEVM 23:52 Is HyperLiquid Actually Winning? 26:27 Does HyperLiquid Need Other Markets? 28:43 How Kinetiq Pulls In Builders 32:32 Elysium: Value Creator Or Value Extractor? 35:03 The One Thing To Remember 36:27 Final Thoughts
MR SHIFT 🦁132,984 Aufrufe • vor 10 Tagen
E172: Michael Saylor: Why Hard Work Won't Make You Rich Michael Saylor is the chairman of Strategy - the world's largest corporate holder of Bitcoin with over 840,000 BTC and $65+ billion deployed. He bought his first Bitcoin in 2020 when the Fed cut rates to zero hasn't stopped since. With WSH, I always want to go much deeper than the current narrative and that’s exactly what we did here. We gradually moved past the surface and into the things that really shaped Michael. We talked about his childhood, growing up in a military family, buying domain names in the 1990s and flipping them for tens of millions, losing $6 billion of his net worth in a single day during the dot-com bubble, his great Apple bet in 2012, why working hard won't make you rich, why you should mortgage your house but probably not sell your kidney to buy BTC, why "THERE IS NO SECOND BEST", and a lot more. The conversation lasted more than two hours, much longer than originally planned, and it was just amazing. I hope you enjoy it as much as I did. Timestamps: 00:00 - Intro 03:05 - Explain what you do to an Uber driver 05:35 - Advice for Rick, the struggling Uber driver 07:07 - Who is Michael Saylor? 11:02 - Sponsors Trezor & Bitwise 11:48 - Kevin's Business Intelligence Company 13:14 - Michael's childhood and chip on the shoulder 17:56 - Has Michael conquered the world yet? 19:49 - Just because you can, doesn't mean you should 28:23 - Sponsors KAST & Sumsub 30:02 - Low time preference and scarcity 43:50 - Buying and flipping domain names for tens of millions 55:11 - Bitcoin is a lifeboat 1:01:31 - Should you mortage your house to buy Bitcoin? 1:09:50 - The great $60B in Bitcoin bet: risks 1:15:32 - Sponsors Jupiter , Ethena 1:16:16 - Sell the kidney if you must but keep the Bitcoin 1:20:14 - What's the endgame for Strategy? 1:28:16 - Where does Bitcoin price end? 1:29:36 - Where would Bitcoin price be without Michael Saylor? 1:31:06 - What is STRC? 1:35:34 - Should my mom put her life savings in STRC? 1:37:12 - How do you always invent new ways to buy more Bitcoin? 1:49:19 - From God to Madman every 6 months: handling insane volatility 1:51:49 - How Michael lost $6 Billion of his net worth in one single day in 2000 and then watched MSTR go down another 99% 1:59:09 - Why Michael doesn't have children 1:59:44 - Why working hard is the worst advice you can get 2:07:37 - Why THERE IS NO SECOND BEST, there is only one crypto asset 2:15:03 - Thanking Michael from the whole crypto industry
MR SHIFT 🦁1,501,221 Aufrufe • vor 3 Monaten
E184: Trezor CTO: Why Smart People Still Get Scammed and How To Spot An AI Deepfake Before It Drains Your Wallet Tomas Susanka is the CTO of Trezor. He studied cryptography before building the hardware wallets that pioneered self-custody. We get into why people are so bad at judging risk, how scammers now use AI to sound completely legit, and whether quantum computers are actually coming for Bitcoin. Timestamps 0:00 Intro 4:15 What Tomas Actually Builds 6:28 Why Bitcoin Still Matters 8:25 Who Is Tomas Susanka? 10:10 Why Humans Suck At Security 12:58 Why We Downplay Risk 14:27 How To Actually Think About Risk 15:25 Does Being Smart Lower Your Risk? 16:54 Why Smart People Fall For Scams 23:39 How To Actually Fix The Scam Problem 25:12 Partnerships: Piero Negrini Bitwise 28:57 How Tomas Protects His Own Assets 29:49 The Craziest Hack Tomas Has Seen 31:24 The Security Habit That Looks Insane 32:27 Why Self-Custody Actually Matters 36:05 When You Actually Need A Hardware Wallet 41:42 Hardware Wallet Myths Debunked 44:16 Solving Crypto's Inheritance Problem 46:29 Should You Keep Assets On An Exchange? 47:32 Partnership: KAST 48:20 The Security Setup For Kevin's Grandma 50:08 How To Stop Hacks And Scams 1:01:57 Should You Upgrade Your Trezor? 1:04:02 The Weirdest Seed Phrase Hiding Spot 1:05:28 How Self-Custody Stops Being Archaic 1:08:07 Partnerships: Jupiter Ethena 1:08:50 The Biggest Problem With Self-Custody 1:09:52 Is Quantum Computing A Real Threat? 1:14:48 Who's Actually Taking Quantum Seriously? 1:20:41 Who's Protecting Bitcoin From Quantum? 1:23:58 The Crypto Belief Tomas Rejects 1:25:03 Is Self-Custody Oversold? 1:26:12 Is There A Future For Digital Identity? 1:27:56 Is Self-Custody Getting Too Complicated? 1:28:42 The Worst Advice Tomas Has Heard 1:29:43 Does AI Make You Safer Or More Vulnerable? 1:31:25 Closing Thoughts
MR SHIFT 🦁81,289 Aufrufe • vor 8 Tagen
E183: Jupiter COO - Why Solana Is The Everything Chain and Why Get Rich Slow Is The Real Alpha kash is the COO of Jupiter, the biggest trading and DeFi platform on Solana. He got his start on the founding team at Superteam, then spent the last year and a half building Jupiter into what he calls the on-chain finance super app. We get into why he keeps half his own portfolio in yield-bearing stablecoins, why meme coins are just video games with no staying power, and why he thinks the fat protocol thesis got it backwards. Timestamps: 0:00 Intro 2:10 Crypto's Middleman Problem 3:20 What TradFi Actually Knows About Crypto 4:46 Crypto's Place Inside TradFi 6:19 Early Tech, Late Investment? 7:59 Who Is Kash Dhanda? 9:26 Kash's Role At Superteam 11:42 Why Kevin Went All-In On $SOL in 2023 & $ZEC in 2025 13:02 Infinite Capitalism, Explained 16:07 Sponsors: Variational & Bitwise 17:00 Which Assets Win When Liquidity Is Scarce 19:15 Kash On Memecoins 21:27 Why Keep 10% For Gambling 22:58 The Hidden Cost Of Infinite Capitalism 24:15 Getting Rich In Crypto Without Luck 26:18 Timing Beats Holding 27:25 The Only Way To Compound Wealth 31:14 The Case For All-In Stablecoins 32:59 Protocols Kash Actually Trusts 34:12 Kash's Stablecoin Allocation 37:07 How To Know You're Wrong 40:10 Sponsors KAST 40:58 Yield's TAM Is About To Explode 43:21 Is Solana Back From The Dead? 45:32 Where SOL's $1B Liquidity Really Goes 47:09 Solana's Biggest Weakness 48:44 Building Products Without Breaking Solana 51:01 Solana's 2026 Thesis 52:23 Is SOL Future-Proof? 54:07 What Jupiter Actually Is 54:34 How Jupiter Stops You From Getting Rekt 56:13 Why Ethena Powers JUPUSD 57:19 Why Jupiter Needs Its Own Stablecoin 1:00:05 How $JUP Generates Yield 1:01:08 The Super App Race: Who Wins? 1:03:20 Jupiter Spend, Explained 1:04:58 Sponsors Jupiter & Ethena 1:05:42 Why Jupiter Spend Wins 1:07:39 GUM Explained Simply 1:10:20 What Else GUM Unlocks 1:12:30 Does Solana's Success Lift Jupiter? 1:14:45 Why $JUP Flopped Last Cycle 1:17:21 Jupiter's Comeback Plan 1:19:23 Is $JUP A Buy? 1:20:38 Hyperliquid vs Jupiter & GUM 1:21:38 Why Everyone's Talking About Hyperliquid 1:23:28 The Biggest Takeaway 1:24:15 Closing Thoughts
MR SHIFT 🦁151,458 Aufrufe • vor 15 Tagen
E181: The Wolf Of All Streets - Bitcoin and chill. That's the whole thesis Scott Melker hosts The Wolf Of All Streets and just launched the first daily crypto show on a mainstream network with Yahoo Finance. He was a DJ before he was a trader, got wrecked as a top creditor in the Voyager collapse, and rebuilt his entire approach to money around one asset. We get into why he's almost entirely Bitcoin now, what he actually tells his audience to do with their cash, and what guests say once the cameras stop rolling. Timestamps: 00:00 Intro 01:52 Why Scott dressed up for this Podcast 02:54 Where does the optimism come from? 03:41 Something that never got better? 04:43 Who are you? 07:05 Why do DJs fall down the crypto rabbit hole? 08:48 Did you actually make money trading? 09:51 When did you go beyond trading? 11:42 Sponsor: Variational , Bitwise 12:34 Is crypto still relevant in 2026? 13:33 Does crypto go higher from here? 14:38 How do I participate without building a business? 16:11 What do you buy every month? 18:50 How do you form your opinions? 20:04 What about yield? 21:01 Can you still make it in crypto without a business? 21:52 Will Bitcoin trade much higher? 23:42 Taking a media business to the next level 25:14 How did the Yahoo Finance show happen? 26:29 How to not get bored when crypto gets boring? 28:06 Sponsor: KAST 28:58 Crypto media sucks - how do we grow the pie? 30:00 Biggest lessons from interviewing the best? 31:44 What do you tell the dad who wants to trade Bitcoin? 34:17 How does the average Joe get rich in 2026? 35:37 What did you learn in 2022? 38:05 What do you buy besides Bitcoin? 39:23 Scott's most unexpected best interview? 41:25 When did a personal brand become a game changer? 43:00 The biggest myth about investing 44:12 Sponsor: Jupiter , Ethena 44:52 What's your goal with your media company? 47:17 Do you have a number in mind? 49:05 What's the risk of not owning Bitcoin? 50:38 What do you hear behind the scenes? 52:01 How do you stay motivated in a bear market? 53:32 Give us your optimism
MR SHIFT 🦁205,594 Aufrufe • vor 29 Tagen
E182: Jordi Visser - Why Aging is a disease, Why Bitcoin is a hedge against abundance and why you shouldn't buy a house! Jordi Visser spent three decades on Wall Street, from a Morgan Stanley trading desk to CIO at Weiss Multi-Strategy. These days he studies AI, macro, and longevity full time. We cover why he thinks aging is optional, why Bitcoin is the only asset he'd bet on for the next decade, and why money never actually made him happy. 00:00 Intro 02:10 Jordi's Weekend Recap 03:49 The Blueprint For Living To 100 04:31 Why Longevity Became An Obsession 05:44 What Kills A Healthy Habit 07:20 Supplements & Meds: Worth It? 09:51 Partnerships: Variational Bitwise 10:44 The First Step Into Longevity 12:17 Wealth's Hidden Effect On Longevity 14:03 Peptides & Hormones: Jordi's Take 17:47 What Is Heart-Rate Variability? 21:21 How To Track Your HRV 23:17 Average vs. Great HRV 25:12 Lessons From The Finance World 29:10 Learning What Money Really Means 31:58 Partnership: KAST 32:47 Why Make More Money At All 35:20 "AI Will Make Everything Abundant" 38:20 Does Abundance Mean Cheaper? 38:54 Why We'll Still Need Wealth 41:22 How Jordi Fell Into Bitcoin 47:44 Jordi's Bitcoin Thesis, Simplified 50:10 How Much Bitcoin Is In His Portfolio 50:48 Would Jordi Ever Sell? 51:52 Partnerships: Jupiter Ethena 52:38 How Big Can Bitcoin Get 54:00 On "Bitcoin Is Too Expensive" 55:28 Why A Crypto Channel, Not Just Bitcoin 56:25 Does Jordi Own Other Crypto 57:24 Other Scarce Assets He's Bought 58:41 Should 20-Somethings Buy A House 01:02:00 Routine vs. Unique 01:03:57 Why Allergies Aren't Real 01:07:02 Closing Thoughts
MR SHIFT 🦁135,449 Aufrufe • vor 22 Tagen
E174: Tarek Mansour - Launching the First Regulated Perps In The U.S and building the next generation of financial markets Tarek Mansour is the co-founder and CEO of Kalshi, the first regulated prediction market exchange in the US, valued at $22 Billion. He grew up in Lebanon with a single mom, studied at MIT, worked at Citadel, and spent 6 years years building a company most people ignored before it finally took off. We talk about what it actually takes to not give up, why markets are better at finding truth than experts, why Kalshi is launching the first regulated Perps in the US, and how his team is building what he calls the next generation of financial markets. Timestamps: 0:00 Intro 1:54 Urgency 3:11 Anime 4:53 Who is Tarek? 7:02 Mathematics & Certainty 9:10 Tarek's chip on the shoulder 13:33 Partnerships: Trezor Bitwise 15:19 Resilience 16:31 Entrepreneurship is Therapy 18:23 The startup emotional rollercoaster 22:16 Showing up for 2000 days with no results 24:45 First time Founder advantage 26:40 When Kalshi almost made it, but did not 29:54 Partnerships: KAST 31:19 Focus Inputs, Not Results 33:16 The Kalshi beginnings story 36:00 The True Innovation Of Prediction Markets 38:28 How Prediction Markets Revolutionize The Media 41:37 Prediction Markets and Hedging explained simply 44:55 Leverage In Prediction Markets 47:16 Partnerships: Jupiter Ethena 48:00 Insider Trading 51:19 Insider Trading Rules enforcement: who is responsible? 55:26 How Kalshi spots Suspicious Behavior 56:59 Tarek's Honest View On Crypto 59:41 Launching the first Regulated Perps In The U.S 1:00:30 What Does Regulated Perps Mean? 1:02:22 Was Kalshi perps launch inspired by Hyperliquid? 1:03:41 Competition 1:05:58 Kalshi Endgame 1:07:06 What is Kalshi doing with the billions of $ they raised 1:08:31 Happiness and engagement 1:13:08 One Thing Tarek Should Let Go Of 1:14:18 Closing Thoughts
MR SHIFT 🦁603,699 Aufrufe • vor 3 Monaten
DROPS 41: Derive.xyz - Why Options Will Beat Perps This Decade Nick Forster | Derive is co-founder and CEO of Derive, the largest on-chain options exchange. Today we get into what almost killed the company, why they rebranded overnight, and why he thinks options - not perps - are the real endgame for on-chain finance. We talk about: - The token playbook that killed 98% of crypto projects - The wedding in Portugal where the whole team almost walked away - Rebranding from Lyra to Derive in nine days - Why options will outgrow perps this decade - What blockchains are actually bad at - Why AI makes options the natural vehicle for agent finance And much more… Timestamps: 0:00 - Introduction 2:04 - The Mission Behind Derive 3:00 - What Does Derive Actually Do? 5:18 - Who Actually Uses Options? 7:03 - Nick's Journey Into Crypto 8:09 - The problem with crypto's last five years 11:17 - The token listing playbook 17:44 - Partnership: FortisX 18:10 - The $15M Market Cap Crisis 24:12 - Why Nick Stayed 26:01 - What finally changed 29:38 - Why Options Could Become Huge 32:52 - Options vs Perpetuals 34:37 - Making options accessible to retail 38:36 - Why Derive Rebranded 40:12 - From V1 to V3 46:03 - The Real Power of Programmable Finance 48:19 - What Blockchains are actually Bad at 49:59 - What's Derive bad at? 50:53 - The endgame for Derive 51:47 - What's Holding Derive Back? 52:50 - Why Crypto Builders Need to Stick Together 54:49 - Why Stay in Crypto in 2026? 56:57 - Conclusion
MR SHIFT 🦁140,069 Aufrufe • vor 24 Tagen
E179: Mert Mumtaz - $SOL at $8. zcash:native at $18. The framework that caught both, and the next potential gem I sat down for the 3rd time with mert the CoFounder of Solana and the CEO of Zcash 🛡️ for a banger episode where we cut through the noise, understand the thesis for Solana and $SOL in 2026, why zcash:native is the last 100x in the large caps and why $NEAR might be the next $SOL at $8 and zcash:native at $18 Timestamps 0:00 Introduction 4:05 Dating On Zero Sleep: Mert's Relationship Secret 7:30 The X Growth Hack That 6x'd His Following 8:51 Partnerships: Piero Negrini @BitwiseInvest 9:44 $SOL Crashed To $8... Then Everything Changed 15:48 Solana's Secret Leadership Shakeup 18:22 The Two Laws That Future-Proof Solana 25:47 Why Solana Wins By Default 28:05 Why Traders Are Blind To Solana 30:38 Partnerships: KAST Trezor 31:43 One of Mert's Big Bets: Solana In 2026 36:42 How Solana Becomes The New Wall Street 42:45 The Countdown To Solana's Big Upgrade 44:23 Is Solana Actually Back? 47:31 Partnerships: Jupiter Ethena 48:14 The Zcash "Scandal" That Wasn't 55:39 AI Is Coming For DeFi's Bugs 59:24 zcash:native 's 20X Case or more, Explained 1:04:40 NEAR Protocol : The Dark Horse Mert Is Watching 1:09:32 Closing Thoughts
MR SHIFT 🦁208,189 Aufrufe • vor 1 Monat
E180: KAST Founder: Most crypto neobanks will be gone in 12 months raagulanpathy is the founder and CEO of KAST , a global stablecoin neobank, and a former Circle exec. He raised $80 million at a $600 million valuation on the thesis that the real prize isn't the stablecoin - it's the bank you build on top of it. We get into the money, the grind, and the token decision that pissed a chunk of his community off. Timestamps 00:00 Introduction 01:58 How Raagulan Decides What Gets Done At KAST 04:35 The Chaos KAST Employees Deal With Daily 05:38 Raagulan's Hiring Philosophy At KAST 07:02 Why Firing Is Harder Than Hiring 08:35 The One Error That Could Kill KAST 09:52 How Raagulan Convinces Stablecoin Skeptics 10:46 What Outsiders Miss About The Payment Industry 12:06 Why KAST Needs So Many Different Departments 18:32 Partnerships: Variational & Bitwise 19:24 Raagulan's Real Take On Fees 21:55 KAST's Best Type Of Customer 23:53 The Thing Raagulan Can't Say Publicly 26:54 Founders Can't Chase All These Three Things At Once 29:04 Raagulan's Experience With GLP-1s 31:39 How KAST Kept Growing When Bitcoin Crashed 50% 34:05 KAST Is On Track For $100 Million In Revenue 36:55 Why KAST Hasn't Blown Up From Overspending 41:04 Why Everyone's Racing To Build Neobanks 42:52 What Makes Neobanks So Hard To Build 44:54 Why Neobanks Keep Shutting Down 45:57 What KAST Offers That Exchanges Can't 49:14 KAST Isn't A Card Business 50:43 How KAST Is Building Momentum 54:57 Raagulan On His Competitors 56:29 Partnerships: KAST & Trezor 57:33 Kevin's Honest Take On KAST 58:59 What KAST Is Doing With the $80 Million they raised 01:01:55 Would Raagulan Ever Sell Equity? 01:06:57 Who Buys In At A $3B Valuation Next? 01:08:39 Is Your Money Actually Yours Inside KAST 01:10:49 What Happens To Your Money If KAST Collapses 01:17:38 Custodial Vs Self-Custodial: Pros And Cons 01:19:52 Why KAST Obsesses Over Design And Brand 01:22:42 Partnerships: Jupiter & Ethena 01:23:26 KAST Points & Token: Should The KAST Community Feel Cheated? 01:34:13 What's Actually Behind This Tokenized Stock? 01:35:25 The Hill Raagulan Will Die On 01:36:41 One Prediction That Comes True In 5 Years 01:37:59 Is The Worst Behind Us In Crypto? 01:42:57 The One Thing To Remember From This Conversation 01:45:16 Closing Thoughts
MR SHIFT 🦁175,841 Aufrufe • vor 1 Monat
DROPS E40: Blockmaze - Crypto is $3 trillion. The world has $600 trillion of assets. Tajinder Virk thinks crypto has been solving the wrong problem for a decade. Every token issued today adds up to $3 trillion. The world holds $600 trillion in assets. He thinks that gap only closes once tokens carry real legal weight, not just technical finality. That's the entire premise behind Blockmaze: a chain where nothing gets tokenized unless it's backed by something tangible, licensed, and enforceable by law. We talk about: - Why real world assets, not speculation, are crypto's actual path to $600 trillion - How Blockmaze tokenized 25,000+ stocks and 12,000 ETFs, a Guinness World Record - Why 70% of the global stock market is now technically tokenizable - What happens when stock settlement drops from two days to six seconds - Why proof of reserve checks happen every 15 days on Blockmaze - How AI agents transacting on tokens could reshape over half of global commerce - Why Tajinder aka "Natty" believes the world is quietly moving back toward a barter economy TIMESTAMPS: 0:00 Introduction 1:17 Welcome to DROPS 1:57 Who is Tajinder aka "Natty"? 2:54 Health & Wealth 3:48 Why Health and Wealth Matter Most? 4:49 Building Food-Based Medicine 7:30 Pharma Sector Feud 9:35 The Story Behind Blockmaze 10:15 Value of Money 12:55 Applying Simplicity to Finance 17:40 Building a Global Financial Infrastructure 18:35 Partnership: FortisX 19:00 Blockchain 'Aha' Moment 23:23 What Is a Real World Asset (RWA)? 24:48 What is Blockmaze? 25:41 What Can You Tokenize? 26:59 Blockmaze's Biggest Success Story 28:39 Endgame of Blockmaze 30:57 Key Message From Co-Founder 33:42 Blockmaze isn't Launching Another Token 34:59 Conclusion
MR SHIFT 🦁181,080 Aufrufe • vor 1 Monat
. Michael Saylor argues Bitcoin's dominance has nothing to do with belief - it follows the exact same pattern as every winning protocol in human history. "There is no second best math protocol. There is no second best language." "Once a protocol hits critical mass, there's a massive network effect. And all of the money and the power and the influence of the world follows." "Learn Arabic math. Learn to read English. Learn Bitcoin. If you want to be wealthy and powerful. Because that's where all the money is." Strategy
MR SHIFT 🦁340,205 Aufrufe • vor 3 Monaten
E178: Tushar Jain - Why Multicoin is betting big on Hyperliquid, Zcash and Solana Tushar Jain is Managing Partner at Multicoin Capital. He's back on the show to talk about where crypto is in the cycle, how he sizes bets across $SOL, $HYPE, and $ZEC, and the frameworks he uses to manage his own psychology. Timestamps: 0:00 - Intro 1:31 - Who is Tushar Jain 3:44 - Are we at a crypto turning point? 4:57 - Buying into bad news before confirmation 6:24 - Buying vs. selling: which is harder 7:13 - Still bullish on Solana ? 9:15 - TradFi issuers and credible neutrality 11:47 - Sponsors: Variational Bitwise 12:39 - How to size two competing bullish bets 14:13 - Category leader vs. "better play" 17:00 - Most obvious trade for 2026: $ZEC 19:39 - What Zcash 🛡️ represents 22:27 - Valuing an asset with no revenue 24:18 - Trading framework vs. buy-and-hold 26:40 - Valuing $SOL and $HYPE 31:45 - Sponsors KAST Trezor 32:54 - Timing entries in volatile assets 36:26 - Why Multicoin Capital doesn't trade, only manages 39:25 - The four sources of investing edge 41:14 - Edge examples: $ZEC, $HYPE, $ENA 43:21 - What Ethena represents 45:37 - How much founder quality matters : G | Ethena example 47:09 - When to take profits 49:50 - Thoughts on Ethereum and $ETH 51:44 - Kyle leaving Multicoin 53:03 - Sponsors Jupiter Ethena 53:46 - Why Tushar is still in crypto 58:26 - Wrap-up and thanks 1:00:37 - Bonus segment intro - Zcash drama + Hyperliquid report 1:00:39 - What happened with the Zcash bug 1:04:13 - Zcash's fix: the Ironwood pool 1:05:50 - How long it took to decide to buy more 1:08:13 - Multicoin's Hyperliquid report 1:09:55 - Base case: $319 $HYPE price target, key assumptions 1:15:21 - Is the crypto bottom in? 1:18:11 - Closing thanks
MR SHIFT 🦁195,410 Aufrufe • vor 1 Monat
E159: Hyperliquid: Housing all of Finance jeff.hl came back on the When Shift Happens Podcast to talk about the Hyperliquid journey since the TGE and what the future holds for one of the most loved and prolific protocols in the space Hyperliquid Timestamps 0:00 Intro 2:01 Singapore 2:27 Reminiscing on the Token Launch 5:00 Was This Scale Of Wealth Expected? 6:28 Doing The Right Thing In Crypto 9:07 The Responsibility that comes with Billions of $ 11:10 Jupiter KAST 11:51 Bringing Hyperliquid to the masses 15:21 Pre TGE and Post TGE: Operational difference 20:13 Choices on what to build Internally vs Externally 22:05 How to build a reliable team 24:51 Did the Team celebrate the HYPE wealth Generation event? 26:45 How to test talents for High Integrity 28:31 How much does the Hyperliquid team sleep? 30:05 Employee Vesting Fears 31:41 Dealing with FUD 32:28 How Does Jeff Personally Handle FUD 35:02 Token "Buybacks" critics 37:20 Why Hyperliquid can't have Discretionary "Buybacks" 39:04 HyperEVM, explained Simply 40:00 Paradex Zodl 40:41 HyperEVM: Success so Far? 44:05 HIP-3, explained Simply 47:44 What makes Hyperliquid's approach different 48:19 Why Should People Care? 51:33 Bring All Finance On Chain 52:08 Why Is The Hyperliquid Approach Better? 53:47 Key Numbers showing that Hyperliquid Is Doing it right 59:01 What Has the Unit team demonstrated with spot trading on Hyperliquid in 2025 1:03:29 HIP-4: Outcome Markets 1:08:01 Trezor Sui 1:08:58 What does "Housing All Of Finance" mean? 1:10:51 Why Hyperliquid is not a crypto company 1:12:23 Why Does Hyperliquid have A Stablecoin USDH (Native Markets) 1:14:39 What Is Kinetiq & Why Does It Matter? 1:16:15 Why Is What HyperLend Is Building Important For HyperLiquid 1:23:39 Where did Fairness cost the most? 1:24:47 What should Hyperliquid be Remembered for? 1:25:24 Why should people stay in Crypto when there's an AI brain drain? 1:28:10 Closing Thoughts
MR SHIFT 🦁583,028 Aufrufe • vor 6 Monaten
E173: Raoul Pal - Why I won't sell, why AI Agents' TAM is infinite and why it's it all so f*cking obvious Raoul Pal is back on When Shift Happens for a fun episode full of swearing and well needed hopium while the industry is in full crisis and depression. This time we cover the race to AGI, why crypto got left behind while Nasdaq ran, and why Raoul thinks the worst of that correction is over. We also get into what he's actually buying (moar $SUI and some $ZEC), his framework for valuing layer ones, and why he thinks most traders are just burning energy. Timestamps: Introduction Traveling Non-Stop & Kast Card Discussion Why Steak & Eggs Seems Expensive But $1000 NFTs Don’t What Raoul’s Been Up To The Past 4 Months Why The Stock Market Never Ceases To Grow What Is The Economic Singularity? Partnerships: Trezor Bitwise Is It Still Early To Invest In AI? Is Crypto Superior To AI Investment Wise Crypto’s Reasons For Going Up Forever Bitcoin Going From $126k - $60k Is A Nasty Correction Are Early Investment Opportunities No Longer Possible Why Raoul Started Buying $ZEC What Are The Left & Right Curve Trades? Partnerships: KAST Sumsub How Raoul Thinks About Allocation With Zcash Raoul’s Thoughts On Hyperliquid & $HYPE Token How Layer Ones Will Accrue More Of Crypto’s Value How To Measure Intelligence For Layer Ones Why The Biggest User Of DeFi & Crypto Payments Will Be AI Agents Why DeFi Isn’t Dead According To Raoul Why All Financial Rails Are Moving To Blockchain Rails Why Digital Art Will Accrue Massive Value Over Time How Do You Structure An NFT Portfolio? What Kind Of Investor Is Interested In An NFT Fund Partnerships: Jupiter Ethena Should People Only Focus On The Top Tier NFTs Raoul’s Plan To Lend Against NFTs Is Bitcoin A Proxy Trade For AI Why You Should Never Sell Unless You Have To The Numbers Behind Buying & Holding vs Trading Why Volatility Makes People Think Crypto Is Easy To Trade Raoul’s Advice On Developing Patience Why People Should Stay In Crypto Why There’s Hope For Crypto In 2026 & 2027 The Kindest Thing Anyone Has Ever Done For Raoul Closing Thoughts
MR SHIFT 🦁268,207 Aufrufe • vor 3 Monaten
. Jordi Visser reveals he'd rather his kids never own real estate "I would be extremely happy if my kids would never own a home. I just believe mobility is an option you always want to have, and I don't think it's ever been more important than it is today" "You don't know what you're going to think. You might visit a city and be like, oh my gosh, it's nice here. Work can be done really anywhere, and with artificial intelligence, my goal is to spend a third, a third, a third broken up between Maine, Utah and Brooklyn" "I would rather have people enjoy the ability to be young and travel when you have the chance rather than focus on planting yourself in one place and buying a house" Podcast out this week!
MR SHIFT 🦁62,777 Aufrufe • vor 24 Tagen
DROPS E36: Streamex ( 🪨 , ⛏️ ) - From NFTs to Nasdaq at 26 - and now building the future of commodities Henry McPhie ( 🪨 , ⛏️ ) is the co-founder and CEO of Stream X, a Nasdaq-listed company tokenizing physical commodities. He's a mining engineer by training who got into crypto through NFTs at 19, refunded his entire community when the project wound down, and pivoted into building what he calls the future of commodities. We talk about: - Why GLDY pays you to hold gold while every ETF and physical vault charges you - How gold leasing works and why jewellers would rather rent gold than buy it - Why GLDY is currently institutional-only and what the permissionless version looks like - How silver fits into the roadmap and why it'll be built differently - How he raised $55 million on Nasdaq at 26 by surrounding himself with people who'd already done it And much more... Timestamps: - Introduction - What Streamex Actually Does? - Henry's Background - How he get into Mining - Building a NASDAQ Company at 26 - From NFT Founder to Public Company CEO - How Much of Success Is Luck? - World of Crypto - Taking an NFT Founder Seriously - Raising $55M at a Young Age - What Is Streamex? - Why We Need Tokenized Commodities? - Why Traditional Gold Doesn't Earn Yield - Why Gold Was Chosen? - Building This as a Public Company - Why List in the US Instead of Canada? - Sponsorship NordVPN - Being Taken Seriously at 26 - Is StreamX a Crypto or Finance Company? - GLDY Different From Gold ETFs - How Scalable is Gold Leasing? - Maths behind 3.5% Yield - Risks Behind Lending Gold - RFID Tracking & Gold Verification - Other Ways to Earn Yield on Gold - Goal: $1B in AUM - Why GLDY Is Institution-Focused - Misconceptions About GLDY - Which Institutions Will Adopt First? - Silver Is the Next Focus - Silver Will Be Retail-Friendly - What Are Vaults in DeFi? - Security Tokens vs Permissionless Assets - What Comes After Silver? - How Mining Royalties Work? - Conclusion
MR SHIFT 🦁233,785 Aufrufe • vor 3 Monaten
E152: Raoul Pal: Buy the F*cking Dip! For our last podcast of the year, I flew to Dubai to record our 4th WSH episode with Raoul Pal. As ever, it was a blast, and an absolute banger full alpha on how to navigate crypto in 2026 Enjoy! Timestamps 0:00 Introduction 1:40 Please Subscribe 2:06 Getting Sick, Conferences, & Podcasts 4:04 From God to Moron every 6 months 6:13 Online FUD and state actors 12:36 Is It Realistic To Put All Your Hopes & Dreams Into Crypto? 15:13 Partnerships: Jupiter Paradex KAST Zashi is now Zodl 18:46 Buy & Hold 21:38 Liquidity Is The Name Of The Game 26:59 The Minimum Regret Portfolio 29:25 Chat GPT and Onchain Metrics 30:47 Does Raoul Follow His Own DTFU Framework? 36:33 Partnerships: Trezor Sui Story 37:47 Naval and Balaji bullish on Zcash: the God signal? 40:24 When will Raoul buy ZCash? 43:20 Is DCA'ing BTC forever not the only true proven way to make money? 47:17 Kevin’s Learnings From Silicon Valley & Raoul’s Thoughts 54:26 Silicon Valley vs Wall Street crypto frameworks 56:21 Exponential Growth 1:03:28 The Internet vs Bitcoin similarities 1:09:43 Raoul’s Portfolio for 2026 1:11:48 Raoul's Honest Thoughts On SUI In Late 2025 1:15:33 How Do You Ensure that onchain Data is not faked? 1:16:19 Where do the SUI Network Users Come From? 1:17:35 Being Paranoid In Regard To Crypto data 1:21:03 Luck 1:22:50 The Superpowers of Podcasting 1:26:47 What does Raoul do with his monthly income? 1:28:13 What’s Happening With NFTs? 1:35:27 The Upstream Of All Wealth Leads To Art 1:38:53 Buy the f*cking Dip? 1:45:50 Conviction 1:46:37 Is 2026 bullish or bearish: Insider info 1:47:55 How To Make it in Crypto In 202 Real Vision
MR SHIFT 🦁486,896 Aufrufe • vor 8 Monaten
. Omnia π on the idea that Hyperliquid is actually winning in crypto "On every relevant metric, yes, Hyperliquid is certainly winning. In the on-chain space there is absolutely zero competitor of any relevance and performance" "The level of institutional presence on Hyperliquid compared to anything else I've ever seen is probably at least an order of magnitude larger than anywhere else" "I think they've put on a masterclass in PR" Kinetiq
MR SHIFT 🦁15,722 Aufrufe • vor 8 Tagen