We have an insanely insightful conversation with Bob Bodily PhD, Founder of Bioniq, an NFT/Ordinals marketplace built using ICP to amplify the user experience beyond anything that can exist natively to Bitcoin L1. We discuss the current state of Bitcoin ecosystem affairs with Runes and Ordinals, as well as talk about the many metaprotocols developing on top of Bitcoin L1. We then discuss TAP Protocol’s most recent announcement to partner with ICP in order to bring Bitcoin native assets to EVM/ICP smart contract environments. This will amplify the ability for developers to make cool stuff using Bitcoin and introduce new ways to improve the overall UX for users. We also discuss the differing approaches to scaling the developments happening on Bitcoin from L2s, to sidechains, to BitVM and OP_cat.

$BAMK has become a top 5 Rune project and stands out among the rest of them simply due to the effort to do something interesting on Bitcoin outside of just memes. The problem BAMK is attempting to solve is the absence of a reliable stablecoin for users of the Bitcoin ecosystem to leverage. In other blockchains there are a variety of stable devices to choose from but none native to Bitcoin to keep all liquidity events onchain without the need of a centralized service. The stablecoin BAMK is introducing is called nUSD, which is derived from Ethena’s USDe, which is a synthetic dollar stablecoin on Ethereum. We ask Jack Liu how it all works and the magnitude of implications for the Bitcoin economy if it becomes widely adopted and standard for stablecoin issuance.

We have a very insightful conversation with Jiurn, one of the leading experts and educators on all things Bitcoin and Ordinals. Through the last year and a half Jiurn has pieced together daily tweet threads to aggregate all of the latest developments within the space, as a result he has built a very large audience. Now Jiurn is turning his focus onto launching his own Ordinals contribution relating to the book publishing sector. Details of this project are reserved for a future recording. We then get deep into the discussions around preserving the “newness” of Ordinals and not diluting it’s impact with too many cloned copycat attempts. We agree with Jiurn here as we have actively worked to contribute an innovative approach to crafting digital artifacts under the Ordinals umbrella but through the utilization of DMT. We then discuss the merits of meme tokens and make projections on the market trajectory for Bitcoin and the crypto market as a whole for the coming years.

We continue our conversations around the meme phenomena happening in the web3 space and elude to enough market indication toward it becoming a killer niche for the upcoming bull cycle. We then react to the current day political shift in American politics embracing crypto and making it a main narrative for the upcoming presidential election. This is in stark contrast to the U.S. positioning against the crypto markets over the last several years, but after candidate Trump made recent statements in support of the crypto industry the tone has turned completely. Is this the beginning stages of government adoption which will be the driving force to getting Bitcoin into the 7 figures rage? We discuss.

We explore the DMT space in its current state and ponder its market presence as a force to onboarding new interest to web3. We draw parallels from previous cycles when new ideas emerged from nothing to eventually become leading market niches that generated billions of dollars in market activity. For DMT to follow in those footsteps would require momentum to catch fire in a similar fashion which would encourage wide spread adoption. We discuss what the domino pieces may be and ponder the ideas behind expanding the scope and applications of DMT for metaverse native construction. We then finally reflect on the successful Royals blockout, the first UNAT to launch successfully on Mscribe using the new blockpad feature we have developed over the last couple of months.