Laura Shin's banner

Laura Shin

@laurashin • 290,626 subscribers

Crypto journalist 🎧 Host @unchained_pod 📚 Author, The Cryptopians 💌 Sign up https://t.co/gf90Q5GrXy Ads [email protected]

Videos

Anya Rossi

sweetdream.ai

SweetDream.ai•Sponsored•Livecam

Watch Anya Live

Anya is streaming live right now! Join her private show and enjoy exclusive content.

Exclusive private shows

1.2k viewers online

Private Show

Join now for exclusive access

Free preview available • Premium content

"Ethereum has a million contributors and a million validators. Solana has less than 800 validators and 92% running on one client" Joseph Chalom pushes back on the idea that Ethereum has a culture problem "There's this view that Ethereum has something around the narrative that's missing. Just look at the scoreboard again. It passed a million contributors to the code and the ecosystem. I'm not sure there's any open source blockchain project that's even close" "It has over a million validators when Solana has less than 800. It has five or six credible diversified software clients, whereas 92% of Solana is running on one client software system the last time I checked" "All the elements that matter, uptime, liquidity, developer community, composability, Ethereum is leading by miles"

"Ethereum has a million contributors and a million validators. Solana has less than 800 validators and 92% running on one client" Joseph Chalom pushes back on the idea that Ethereum has a culture problem "There's this view that Ethereum has something around the narrative that's missing. Just look at the scoreboard again. It passed a million contributors to the code and the ecosystem. I'm not sure there's any open source blockchain project that's even close" "It has over a million validators when Solana has less than 800. It has five or six credible diversified software clients, whereas 92% of Solana is running on one client software system the last time I checked" "All the elements that matter, uptime, liquidity, developer community, composability, Ethereum is leading by miles"

196,616 views • 23 days ago

"He cannot repeg this to $100. I will bet anyone this almost never gets to $100 ever again" Vinny Lingham on why STRC is broken and every move Saylor makes from here is a losing move "The market is speaking. STRC needs to trade at a 20% discount to give a 14.5% effective yield. The damage has been done" "There is a chess move for this. It is called zugzwang. Every move you make is a losing move"

"He cannot repeg this to $100. I will bet anyone this almost never gets to $100 ever again" Vinny Lingham on why STRC is broken and every move Saylor makes from here is a losing move "The market is speaking. STRC needs to trade at a 20% discount to give a 14.5% effective yield. The damage has been done" "There is a chess move for this. It is called zugzwang. Every move you make is a losing move"

154,232 views • 1 month ago

"If you short STRC at $100 your downside is capped because Strategy will come in and run the ATM right at $100. But your upside as a short is unlimited" Parker White on why STRC became a perfect short setup and why the violent selloff was shorts latching onto an opportunity rather than a fundamental problem "SATA did not have nearly as violent of a reaction. And Strive actually has a more vulnerable balance sheet position than Strategy with STRC. Yet the market was trading down for STRC" "This really was just a situation of shorts latching on to an opportunity and then people panicking, grabbing hold of a narrative, and selling"

"If you short STRC at $100 your downside is capped because Strategy will come in and run the ATM right at $100. But your upside as a short is unlimited" Parker White on why STRC became a perfect short setup and why the violent selloff was shorts latching onto an opportunity rather than a fundamental problem "SATA did not have nearly as violent of a reaction. And Strive actually has a more vulnerable balance sheet position than Strategy with STRC. Yet the market was trading down for STRC" "This really was just a situation of shorts latching on to an opportunity and then people panicking, grabbing hold of a narrative, and selling"

97,143 views • 19 days ago

"It's just complete balance sheet mismanagement" Jeff Dorman on why Strategy is being forced to sell Bitcoin "The market was worried they weren't gonna be able to satisfy the dividend. So they raised about $2 billion and said now you don't have to worry for a year and a half because we have this $2 billion sitting on the balance sheet solely to pay dividends. Everyone breathes a sigh of relief" "Then a month later he takes 1.4 billion of that cash cushion and buys back some of his convertible debt at 92 cents on the dollar, completely the opposite of what he said the cash was for. He retired 2029 maturity debt, which doesn't come due for three more years" "Now that one and a half year cash cushion suddenly fell to four months. He comes out on Monday and says we're actually gonna sell some Bitcoin. It's teasing the market that that's the only choice he has now. That's why Bitcoin's imploding, that's why the stock is imploding"

"It's just complete balance sheet mismanagement" Jeff Dorman on why Strategy is being forced to sell Bitcoin "The market was worried they weren't gonna be able to satisfy the dividend. So they raised about $2 billion and said now you don't have to worry for a year and a half because we have this $2 billion sitting on the balance sheet solely to pay dividends. Everyone breathes a sigh of relief" "Then a month later he takes 1.4 billion of that cash cushion and buys back some of his convertible debt at 92 cents on the dollar, completely the opposite of what he said the cash was for. He retired 2029 maturity debt, which doesn't come due for three more years" "Now that one and a half year cash cushion suddenly fell to four months. He comes out on Monday and says we're actually gonna sell some Bitcoin. It's teasing the market that that's the only choice he has now. That's why Bitcoin's imploding, that's why the stock is imploding"

228,217 views • 1 month ago

"It's almost ironic. Today ETH has the worst properties of any asset in the Ethereum ecosystem" Ansgar Dietrichs on ETH's overlooked interop problem "There are many assets that can directly teleport from chain to chain. If you use USDC via CCTP, you can instantly hop from one chain to the next. With your ETH, you cannot" "That seems like a problem. How is it that ETH, the native asset of the system, does not have the best properties? If I design my markets, it's much more convenient to base everything off of the assets that have the most convenient properties available" "In some places it's as simple as making sure that ETH is a first class citizen as we look at the Ethereum ecosystem as a whole"

"It's almost ironic. Today ETH has the worst properties of any asset in the Ethereum ecosystem" Ansgar Dietrichs on ETH's overlooked interop problem "There are many assets that can directly teleport from chain to chain. If you use USDC via CCTP, you can instantly hop from one chain to the next. With your ETH, you cannot" "That seems like a problem. How is it that ETH, the native asset of the system, does not have the best properties? If I design my markets, it's much more convenient to base everything off of the assets that have the most convenient properties available" "In some places it's as simple as making sure that ETH is a first class citizen as we look at the Ethereum ecosystem as a whole"

103,412 views • 26 days ago

Most Bitcoin treasury companies exist to buy more coin, full stop. I asked Lyn Alden why her new venture, Orange Juice, does the opposite: buy 'boring,' cash-flowing businesses first, then layer a Bitcoin treasury on top at the parent-company level. Could this become the Berkshire Hathaway of Bitcoin?🍊 Timestamps: 🍊 00:56 Lyn Alden lays out the $40M raise behind Orange Juice's core thesis 💵 08:06 Why Lyn Alden targets cash-flowing firms over VC backed startups 📱 11:17 Cape: get 33% off your first six months with code unchained at 🏦 12:16 How keeping the Bitcoin treasury at the parent level avoids procyclical risk 🪖 25:37 How Orange Juice handles a bleeding company and Ruben Zweiban's Navy SEAL background 📈 32:15 Why Lyn says going public aids liquidity, retail access, and tax deferral ⚠️ 39:15 Why Lyn is critical of Strategy's capital structure and Saylor's kidney line 🗑️ 47:40 Why Lyn views Bitcoin inscriptions as spam despite BIP 110's technical limits ⚛️ 50:47 How Lyn assesses the quantum computing threat to Bitcoin's security

Most Bitcoin treasury companies exist to buy more coin, full stop. I asked Lyn Alden why her new venture, Orange Juice, does the opposite: buy 'boring,' cash-flowing businesses first, then layer a Bitcoin treasury on top at the parent-company level. Could this become the Berkshire Hathaway of Bitcoin?🍊 Timestamps: 🍊 00:56 Lyn Alden lays out the $40M raise behind Orange Juice's core thesis 💵 08:06 Why Lyn Alden targets cash-flowing firms over VC backed startups 📱 11:17 Cape: get 33% off your first six months with code unchained at 🏦 12:16 How keeping the Bitcoin treasury at the parent level avoids procyclical risk 🪖 25:37 How Orange Juice handles a bleeding company and Ruben Zweiban's Navy SEAL background 📈 32:15 Why Lyn says going public aids liquidity, retail access, and tax deferral ⚠️ 39:15 Why Lyn is critical of Strategy's capital structure and Saylor's kidney line 🗑️ 47:40 Why Lyn views Bitcoin inscriptions as spam despite BIP 110's technical limits ⚛️ 50:47 How Lyn assesses the quantum computing threat to Bitcoin's security

17,292 views • 4 days ago

Vinny Lingham on exactly how the MSTR empire could crash step by step "The moment MSTR trades at a discount he cannot raise more cash. He is locked out. He cannot sell MSTR. He cannot sell STRC. Then he starts running out of cash. Call it nine months, eight months, seven months" "The market prices this in well in advance. The biggest buyer of Bitcoin is being removed. People selling Bitcoin are going to push the price down" "There is a void that forms in the market. The person who has been providing liquidity for years is no longer providing it. The price of Bitcoin goes into a deeper bear market. And then he has to sell Bitcoin to pay the interest on the preferreds"

Vinny Lingham on exactly how the MSTR empire could crash step by step "The moment MSTR trades at a discount he cannot raise more cash. He is locked out. He cannot sell MSTR. He cannot sell STRC. Then he starts running out of cash. Call it nine months, eight months, seven months" "The market prices this in well in advance. The biggest buyer of Bitcoin is being removed. People selling Bitcoin are going to push the price down" "There is a void that forms in the market. The person who has been providing liquidity for years is no longer providing it. The price of Bitcoin goes into a deeper bear market. And then he has to sell Bitcoin to pay the interest on the preferreds"

98,022 views • 1 month ago

"I burned roughly $5,000 of API tokens in a few hours for $200. It's 100x subsidized. This is insanity" Kain on running 500+ agents to decompose an entire codebase on Claude Opus 4.8 "I set up my own personal account to test this on Opus 4.8. I know enough that I can come up with a task that's gonna burn a fuckload. In the course of four hours I used something like 200 million tokens and didn't hit any limits" "It was hundreds of agents, like 500 or 600 agents decomposing a codebase. It would have been somewhere on the order of $5,000 with API metered tokens, and I know how much tokens cost because that's where I live" "I ran this overnight multiple times. It's very possible I could have burned through $20,000 worth of API credits for $200. I knew it was subsidized, but it's subsidized to a level that's crazy. It's 100x subsidized"

"I burned roughly $5,000 of API tokens in a few hours for $200. It's 100x subsidized. This is insanity" Kain on running 500+ agents to decompose an entire codebase on Claude Opus 4.8 "I set up my own personal account to test this on Opus 4.8. I know enough that I can come up with a task that's gonna burn a fuckload. In the course of four hours I used something like 200 million tokens and didn't hit any limits" "It was hundreds of agents, like 500 or 600 agents decomposing a codebase. It would have been somewhere on the order of $5,000 with API metered tokens, and I know how much tokens cost because that's where I live" "I ran this overnight multiple times. It's very possible I could have burned through $20,000 worth of API credits for $200. I knew it was subsidized, but it's subsidized to a level that's crazy. It's 100x subsidized"

85,023 views • 1 month ago

😮 What surprised me talking to ansgar.eth: he openly admits ETH still has no clear value story after five years of being unable to break $5,000. Ethlabs' whole pitch is bringing intentionality to what ETH is actually for. 🙌 Timestamps: 🏛️ 01:26 Why the Ethereum Foundation is stepping back and the gap Ethlabs fills 🌐 04:00 What Ethereum would look like if Ethlabs succeeds 🧱 07:56 Why Ethlabs is scaling the L1 and fixing interop at the same time 🤝 10:48 How Ethlabs divides labor with the EF, Etherealize, and Consensys 📣 18:34 Fidelity: Explore crypto careers that could shape the future of finance at 🔐 19:16 Cape: Get 33% off your first six months with code unchained at 💸 20:15 Why ETH has been stuck waiting five years for its next act 🔗 24:24 Does L1 activity still drive ETH's value, and why ETH's interop lags 🔥 27:25 Why Ansgar says cheap blockspace and EIP-1559 were never intentional 🪙 33:27 Why being an Ethereum L2 isn't yet the superpower it should be 🦄 36:17 The culture at the EF and what kind of culture Ethlabs will have 🏢 39:41 The accountability loop: a two to three year runway and who Ethlabs serves 🛠️ 45:33 What DeFi founders actually need from Ethereum, per Hayden and others

😮 What surprised me talking to ansgar.eth: he openly admits ETH still has no clear value story after five years of being unable to break $5,000. Ethlabs' whole pitch is bringing intentionality to what ETH is actually for. 🙌 Timestamps: 🏛️ 01:26 Why the Ethereum Foundation is stepping back and the gap Ethlabs fills 🌐 04:00 What Ethereum would look like if Ethlabs succeeds 🧱 07:56 Why Ethlabs is scaling the L1 and fixing interop at the same time 🤝 10:48 How Ethlabs divides labor with the EF, Etherealize, and Consensys 📣 18:34 Fidelity: Explore crypto careers that could shape the future of finance at 🔐 19:16 Cape: Get 33% off your first six months with code unchained at 💸 20:15 Why ETH has been stuck waiting five years for its next act 🔗 24:24 Does L1 activity still drive ETH's value, and why ETH's interop lags 🔥 27:25 Why Ansgar says cheap blockspace and EIP-1559 were never intentional 🪙 33:27 Why being an Ethereum L2 isn't yet the superpower it should be 🦄 36:17 The culture at the EF and what kind of culture Ethlabs will have 🏢 39:41 The accountability loop: a two to three year runway and who Ethlabs serves 🛠️ 45:33 What DeFi founders actually need from Ethereum, per Hayden and others

43,311 views • 25 days ago

"Privacy might feel great when Zcash is up 30%. It doesn't feel great when it's down 30%. We need private stablecoins" Kain on the obvious thing in crypto that nobody has landed yet "I went down the Zcash rabbit hole and the challenge is the core asset is the only one that is private on Zcash. In order to have privacy, you hold Zcash properly shielded. But it's somewhat volatile" "It seems really obvious that we need private stablecoins. Zcash has thought about this, the community has multiple proposals. But no one's really landed it" "Tornado Cash had a USDC pool for a long time. But it's not enough to just have one pool. You need enough for it to actually work and be scalable"

"Privacy might feel great when Zcash is up 30%. It doesn't feel great when it's down 30%. We need private stablecoins" Kain on the obvious thing in crypto that nobody has landed yet "I went down the Zcash rabbit hole and the challenge is the core asset is the only one that is private on Zcash. In order to have privacy, you hold Zcash properly shielded. But it's somewhat volatile" "It seems really obvious that we need private stablecoins. Zcash has thought about this, the community has multiple proposals. But no one's really landed it" "Tornado Cash had a USDC pool for a long time. But it's not enough to just have one pool. You need enough for it to actually work and be scalable"

69,679 views • 1 month ago

What happens when Bitcoin's biggest buyer is forced to become a seller? 📉 Vinny Lingham laid out that scenario for me, and it isn't pretty.

What happens when Bitcoin's biggest buyer is forced to become a seller? 📉 Vinny Lingham laid out that scenario for me, and it isn't pretty.

34,692 views • 29 days ago

Arthur on why he called Q1 a no trade zone and why AI deflation was the real risk nobody was pricing in "10% to 20% of the workforce getting let go because of AI efficiencies means high consuming individuals can no longer service their debts and no longer buy the things that run the American economy" "I know eventually there will be a crisis and they will print enough money to make me whole. But why would I be adding risk at this particular point in time"

Arthur on why he called Q1 a no trade zone and why AI deflation was the real risk nobody was pricing in "10% to 20% of the workforce getting let go because of AI efficiencies means high consuming individuals can no longer service their debts and no longer buy the things that run the American economy" "I know eventually there will be a crisis and they will print enough money to make me whole. But why would I be adding risk at this particular point in time"

80,429 views • 2 months ago

"I don't see any scenario where you'd really want to own MSTR stock right now, given how dire the options are" Jeff Dorman ranks the Strategy capital structure from safest to riskiest "In a worst case where MicroStrategy defaults, you'd want to own the debt first. If you have $56 billion of Bitcoin backing $7 billion of debt, you're fully covered. Those would rise to par immediately if you thought default was imminent. That's the safest place" "The next safest is the preferred. There's only $15 billion of preferreds on top of $7 billion of debt, backed by $57 billion of Bitcoin. In a default you'll get your money back. But people buy them for the dividend, and if you cut it they fall 30 or 40 percent" "If you think default is four years out instead of one year and you can get 12 percent per year while you wait, that might be worth it. But the MSTR stock is the hardest one. I don't see any scenario where you'd want to own it right now"

"I don't see any scenario where you'd really want to own MSTR stock right now, given how dire the options are" Jeff Dorman ranks the Strategy capital structure from safest to riskiest "In a worst case where MicroStrategy defaults, you'd want to own the debt first. If you have $56 billion of Bitcoin backing $7 billion of debt, you're fully covered. Those would rise to par immediately if you thought default was imminent. That's the safest place" "The next safest is the preferred. There's only $15 billion of preferreds on top of $7 billion of debt, backed by $57 billion of Bitcoin. In a default you'll get your money back. But people buy them for the dividend, and if you cut it they fall 30 or 40 percent" "If you think default is four years out instead of one year and you can get 12 percent per year while you wait, that might be worth it. But the MSTR stock is the hardest one. I don't see any scenario where you'd want to own it right now"

56,607 views • 1 month ago

I spoke with Dio Casares (Diogenes) of Patagon Markets about why Anthropic and OpenAI voided secondary shares before their IPOs — and why, structurally, pre-IPO perps sidestep almost all of those problems. It’s an inside look at why pre-IPO perps avoid the legal hot potato aspect of pre-IPO trading activity. 🎧 Timestamps: 🚀 00:45 Why are we seeing so much pre-IPO activity bubble up right now 🗂️ 02:45 The types of market activity that are happening pre-IPO and why they’re happening 💙 6:04 Coinbase: Get 20% off the first year of your Coinbase One annual plan at ⛓️ 07:52 The kinds of problems that buyers and sellers of pre-IPO shares are trying to solve by going onchain ⚖️ 11:15 How unicorns have wanted to be private but have their shares 📊 13:19 Why people aren’t just waiting till pre-IPO share perps go live to get exposure 🃏 15:30 The problems can arise in second- and third-layer SPV situations 🏦 18:19 Where the Robinhood tokenized-share model fits in all this 🏛️ 19:59 Where the FTX bankruptcy Anthropic block falls 🗺️ 21:55 The spectrum of players — from offchain to onchain, from shadier to more legitimate 🤺 24:30 Why more of this activity is happening on Solana than Ethereum 🤝 25:23 What Patagon does in the secondaries market 🔭 29:27 How Dio expects the onchain private market space to evolve

I spoke with Dio Casares (Diogenes) of Patagon Markets about why Anthropic and OpenAI voided secondary shares before their IPOs — and why, structurally, pre-IPO perps sidestep almost all of those problems. It’s an inside look at why pre-IPO perps avoid the legal hot potato aspect of pre-IPO trading activity. 🎧 Timestamps: 🚀 00:45 Why are we seeing so much pre-IPO activity bubble up right now 🗂️ 02:45 The types of market activity that are happening pre-IPO and why they’re happening 💙 6:04 Coinbase: Get 20% off the first year of your Coinbase One annual plan at ⛓️ 07:52 The kinds of problems that buyers and sellers of pre-IPO shares are trying to solve by going onchain ⚖️ 11:15 How unicorns have wanted to be private but have their shares 📊 13:19 Why people aren’t just waiting till pre-IPO share perps go live to get exposure 🃏 15:30 The problems can arise in second- and third-layer SPV situations 🏦 18:19 Where the Robinhood tokenized-share model fits in all this 🏛️ 19:59 Where the FTX bankruptcy Anthropic block falls 🗺️ 21:55 The spectrum of players — from offchain to onchain, from shadier to more legitimate 🤺 24:30 Why more of this activity is happening on Solana than Ethereum 🤝 25:23 What Patagon does in the secondaries market 🔭 29:27 How Dio expects the onchain private market space to evolve

64,551 views • 2 months ago

3AC’s Kyle Davies on Why He’s Crypto’s Lloyd Blankfein and Why He’s Not Sorry Few crypto figures have been as vilified as Kyle, the co-founder, along with Su Zhu, of crypto hedge fund Three Arrows Capital, which imploded in mid-2022, losing $3 billion and bringing many pillars of the crypto industry down with it. Davies and Zhu have been accused of, among other things, lying about 3AC’s assets as the firm was imploding, trying to borrow money when the firm was insolvent, and seeking funding from the Mafia, all of which Davies denies. But he remains unapologetic about 3AC’s demise, saying most, if not all, companies eventually go bankrupt, and that 3AC had a “pretty spectacular” ten-year run. He joined Unchained to explain why he and Su Zhu were ordered to prison in Singapore for non-compliance with the liquidation proceedings, Zhu’s “six weeks meditating” (in prison), where he’s living now, why he and Zhu went to Bali after the bankruptcy, his $25,000-a-month fee for consulting for crypto bankruptcy exchange OPNX, his and Zhu’s current work advising crypto derivatives platform and what he wishes he would have done differently in terms of 3AC’s wind down. Timestamps: 00:00 Introduction 02:43 Why Kyle continues to try to work in crypto 03:22 Kyle’s dealings with the 3AC liquidators Teneo and creditors 06:15 Kyle and Su’s prison sentences 13:15 Where Kyle is going to live now 15:18 Dubai fines Kyle 21:06 Whether Su and Kyle are being investigated 22:21 The final days of 3AC 24:31 Allegations of fraud 32:21 Post insolvency events 38:21 Kyle’s assets get frozen 43:40 Launching OPNX 50:34 ‘Almost all companies go bankrupt’ 55:48 58:50 Su’s prison ‘vibe’ 1:00:01 Cloud kitchen chicken dreams 1:03:46 Sixth Man Ventures lawsuit 1:05:18 Criticizing 3AC’s liquidators 1:06:46 Things Kyle would have done differently 1:11:27 Kyle’s lack of remorses

3AC’s Kyle Davies on Why He’s Crypto’s Lloyd Blankfein and Why He’s Not Sorry Few crypto figures have been as vilified as Kyle, the co-founder, along with Su Zhu, of crypto hedge fund Three Arrows Capital, which imploded in mid-2022, losing $3 billion and bringing many pillars of the crypto industry down with it. Davies and Zhu have been accused of, among other things, lying about 3AC’s assets as the firm was imploding, trying to borrow money when the firm was insolvent, and seeking funding from the Mafia, all of which Davies denies. But he remains unapologetic about 3AC’s demise, saying most, if not all, companies eventually go bankrupt, and that 3AC had a “pretty spectacular” ten-year run. He joined Unchained to explain why he and Su Zhu were ordered to prison in Singapore for non-compliance with the liquidation proceedings, Zhu’s “six weeks meditating” (in prison), where he’s living now, why he and Zhu went to Bali after the bankruptcy, his $25,000-a-month fee for consulting for crypto bankruptcy exchange OPNX, his and Zhu’s current work advising crypto derivatives platform and what he wishes he would have done differently in terms of 3AC’s wind down. Timestamps: 00:00 Introduction 02:43 Why Kyle continues to try to work in crypto 03:22 Kyle’s dealings with the 3AC liquidators Teneo and creditors 06:15 Kyle and Su’s prison sentences 13:15 Where Kyle is going to live now 15:18 Dubai fines Kyle 21:06 Whether Su and Kyle are being investigated 22:21 The final days of 3AC 24:31 Allegations of fraud 32:21 Post insolvency events 38:21 Kyle’s assets get frozen 43:40 Launching OPNX 50:34 ‘Almost all companies go bankrupt’ 55:48 58:50 Su’s prison ‘vibe’ 1:00:01 Cloud kitchen chicken dreams 1:03:46 Sixth Man Ventures lawsuit 1:05:18 Criticizing 3AC’s liquidators 1:06:46 Things Kyle would have done differently 1:11:27 Kyle’s lack of remorses

651,067 views • 2 years ago

"The EF is completely out of touch. They're funding hippos in Asia and doing a bunch of stuff nobody in the world gives a shit about other than Vitalik and his little cabal" Zak on why the EF can no longer take the same liberties it did six years ago "They tried it out with Tomasz and kind of shit the bed. Now they're just like let's go back to what we know, which is infinite gardening and funding longevity research" "At least they're acknowledging that other organizations are gonna have to step in. But then it becomes a question of whether they're actually going to seed those reins to any organization that is more competent and more in touch" "Ethereum is no longer a startup. It's a mature and robust ecosystem. There's billions, trillions of dollars on the line. Livelihoods are dependent on that. My entire career has been on Ethereum. If it goes to shit, what am I gonna do?"

"The EF is completely out of touch. They're funding hippos in Asia and doing a bunch of stuff nobody in the world gives a shit about other than Vitalik and his little cabal" Zak on why the EF can no longer take the same liberties it did six years ago "They tried it out with Tomasz and kind of shit the bed. Now they're just like let's go back to what we know, which is infinite gardening and funding longevity research" "At least they're acknowledging that other organizations are gonna have to step in. But then it becomes a question of whether they're actually going to seed those reins to any organization that is more competent and more in touch" "Ethereum is no longer a startup. It's a mature and robust ecosystem. There's billions, trillions of dollars on the line. Livelihoods are dependent on that. My entire career has been on Ethereum. If it goes to shit, what am I gonna do?"

58,554 views • 2 months ago

Every major exchange is going zero-fee to destroy Hyperliquid. ⚔️ Arthur Hayes warns, "If HYPE makes no money and they buy back no tokens, then all that trading volume is going to go away."

Every major exchange is going zero-fee to destroy Hyperliquid. ⚔️ Arthur Hayes warns, "If HYPE makes no money and they buy back no tokens, then all that trading volume is going to go away."

219,808 views • 9 months ago

"We pitched the Ethereum Foundation in 2018. The conversation went: we're not paying you shit. You can build it, but we will not pay you a red cent" Illia on how Near was born after the EF rejected them twice "We needed a blockchain for our Near AI stuff. Looked around. Didn't find anything that would match our needs. Scalable, easy to use, abstracted" "Ethereum was talking about sharding, WebAssembly, fast slot times, better user experience. We're like cool, we can just build all that. We have a team, we're VC funded. Just need an upside" "I pitched it again before launching mainnet. We've built it now. We had sharding, web assembly, we derisked all the expertise. I have a team that works twenty four seven effectively. They want upside"

"We pitched the Ethereum Foundation in 2018. The conversation went: we're not paying you shit. You can build it, but we will not pay you a red cent" Illia on how Near was born after the EF rejected them twice "We needed a blockchain for our Near AI stuff. Looked around. Didn't find anything that would match our needs. Scalable, easy to use, abstracted" "Ethereum was talking about sharding, WebAssembly, fast slot times, better user experience. We're like cool, we can just build all that. We have a team, we're VC funded. Just need an upside" "I pitched it again before launching mainnet. We've built it now. We had sharding, web assembly, we derisked all the expertise. I have a team that works twenty four seven effectively. They want upside"

56,818 views • 1 month ago

"99% of crypto podcasts are old dudes saying things that are just incorrect" Katherine on how DEX in the City came into existence "There's too many crypto podcasts and a lot of them are terrible, they're regurgitating crypto Twitter. This has always been a source of frustration for me" "Jesse and I went to a Cubs game and it poured rain the entire time, so I was like, we should have a podcast, a podcast of women. We're constantly advocating in policy circles that crypto's not just filled with crypto bros, and we are a great example of that"

"99% of crypto podcasts are old dudes saying things that are just incorrect" Katherine on how DEX in the City came into existence "There's too many crypto podcasts and a lot of them are terrible, they're regurgitating crypto Twitter. This has always been a source of frustration for me" "Jesse and I went to a Cubs game and it poured rain the entire time, so I was like, we should have a podcast, a podcast of women. We're constantly advocating in policy circles that crypto's not just filled with crypto bros, and we are a great example of that"

20,387 views • 18 days ago

Joseph Chalom on when Ethereum will start triggering the burn again "At some point, the transaction volumes coming on Ethereum are going to be many, many multiples of what we see today. Right now there's a lot of blockspace, we're not triggering the burn. But when you start seeing stablecoin growth like we expect, and tokenization, that changes" "There's only $31 billion of tokenized real world assets. The estimates, whether it's BCG or Citigroup or B. Riley, is that it's going to be measured in the trillions. DeFi has had a hiccup from a security perspective, but wait until RWAs join Bitcoin and ETH in borrowing and lending markets. You're gonna see massive transaction volume, and that's even before we get to agentic" "This stuff is compounding. If stablecoins, tokenized real world assets, and DeFi are largely happening on Ethereum, this is gonna be a righteous circle, and more and more share of transactions are gonna happen on Ethereum. At some point, we'll start triggering the burn"

Joseph Chalom on when Ethereum will start triggering the burn again "At some point, the transaction volumes coming on Ethereum are going to be many, many multiples of what we see today. Right now there's a lot of blockspace, we're not triggering the burn. But when you start seeing stablecoin growth like we expect, and tokenization, that changes" "There's only $31 billion of tokenized real world assets. The estimates, whether it's BCG or Citigroup or B. Riley, is that it's going to be measured in the trillions. DeFi has had a hiccup from a security perspective, but wait until RWAs join Bitcoin and ETH in borrowing and lending markets. You're gonna see massive transaction volume, and that's even before we get to agentic" "This stuff is compounding. If stablecoins, tokenized real world assets, and DeFi are largely happening on Ethereum, this is gonna be a righteous circle, and more and more share of transactions are gonna happen on Ethereum. At some point, we'll start triggering the burn"

24,617 views • 23 days ago