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January 27, 2026

Summary

This episode of the Blockrunner Podcast breaks down one of the most revealing weeks we’ve seen at the intersection of crypto, AI, and creator monetization.

What began as a promising experiment in creator capital markets quickly turned into a live stress test for liquidity, incentives, and trust. We walk through the rise and collapse of the Ralph token, why it initially made sense, how it gained traction, and why it unraveled the moment the creator sold. The fallout wasn’t just about price action. It exposed deeper structural problems that most internet capital markets haven’t solved yet.

From there, the conversation expands into the accelerating timeline toward AGI, why looping AI systems and agent swarms change the nature of work, and what happens to human purpose when intelligence becomes abundant. We react to Davos conversations, including moments where Bitcoin is openly laughed at by legacy financial institutions, and explain why those reactions reveal more ignorance than confidence.

We then tackle the uncomfortable question most Bitcoin holders avoid: how the network remains secure long-term. Transaction fees alone are not a viable answer. We explore why Bitcoin’s security budget faces a real challenge over the next decade and why a second subsidy may be the only credible path forward without changing Bitcoin’s core protocol.

This episode ties everything together into a single thesis. Internet capital markets are early, powerful, and inevitable, but without proper incentive design and liquidity structure, they will continue to fail in dramatic fashion.

If you’re thinking seriously about AI, crypto, creator monetization, and Bitcoin’s future, this episode will challenge your assumptions.

Learn more about the second subsidy thesis at natgmi.com.

203

Summary

Ordinals have attracted so many new innovations in the digital art space as well as the metaverse and fungible token space. However, a new sector is emerging in the Decentralized Science space and Morgan Rockwell of Mycosoft is bringing a truly unique application to the Bitcoin Ordinals space. Mycosoft is embedding real world mushroom DNA onto Bitcoin through the utilization of Ordinal inscriptions. We discuss with the founder the intentions behind this and what future implications around this are. We also discuss with the guest of this show the parallels between Digital Matter Theory and the DNA application behind this initiative. Element registry and DNA registry through the utilization of Ordinals introduces open source data sets for creator communities, whether digital or scientific to leverage in future application use.

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202

Summary

We unpack the intricacies of crypto and meta protocols with Chad Master and Danny from Motoswap. They delve into the limitations of BRC 20 tokens and how the new CBRC 20 standard offers improved functionalities and user experiences.

The conversation covers Motoswap's innovative approach to replicating the mechanisms of Uniswap but on Bitcoin, the crypto community's propensity for price gains over protocol purism, and the influence of cryptocurrency philosophies on new developments like Ordinals.

Our guests address the challenges of liquidity, token transfer efficiency, and the need for better developer tools to propel the ecosystem forward. They discuss how Motoswap aims to overcome BRC 20's limitations, boost liquidity, and improve the crypto user experience.

The episode also entertains the potential impact of Bitcoin's market performance and the importance of infrastructure for decentralized meta protocols. Danny emphasizes running Ethereum scenarios on CBRC 20, the possibilities of Bitcoin's mempool for scaling solutions, and the future of crypto moving beyond its 'casino' beginnings to more diverse economic applications.

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201

Summary

We dive deep into the exciting and unpredictable world of cryptocurrency and the evolution of digital content through Bitcoin. Learn the significance of Natcats and their timelines, illustrating the intricacies of Bitcoin data.

Iman and Will emphasize the importance of understanding updates and the simplicity of token deployments, attributing complexity avoidance to laziness. They also extend their gratitude to their community, including the critics who push them to improve.

The hosts explore the profound impact of Bitcoin on NFT creation and the future of digital ownership. They discuss the resistance current NFT platforms are displaying when adapting to the need for real-time integration with protocols like Tap Protocol to ensure DMT market stability.

Amidst the witty banter, they examine the market's roller-coaster behavior, from the surge in Bitcoin's price to the "God candle" effect due to ETF rumors. Iman and Will reflect on the psychological aspects of trading, share personal anecdotes of market challenges, and stress the need for clarity amid market chaos.

Our hosts also share their adventures with Metazone and impart wisdom on pushing tech boundaries while emphasizing market adaptations to new infrastructure requirements. Finally, they touch upon global concerns and the importance of innovation readiness. Hear their thoughts on the latest in cryptocurrency, the essence of digital matter through Bitcoin, and bold predictions for Bitcoin's future.

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200

Summary

Hosts Iman and Will, explore the complex landscape of blockchain innovation with a focus on natcats and bitmaps in Bitcoin. The discussion delves into the nuanced potential of these technologies for the metaverse, emphasizing the need for deep understanding to truly innovate.

The conversation addresses the importance of informed cryptocurrency investing, advising listeners to rely on research and personal conviction rather than succumbing to market hype. They share insights on identifying early trends in tech while cautioning against scams and emphasizing the value of competition.

Touching on societal influences, the episode examines the effects of history, psychology, and even TikTok challenges on current tech and investment behaviors. The hosts navigate the "bag bias" phenomenon within the crypto community and respond to misunderstandings surrounding the "natmap," stressing the significance of due diligence.

The latter part of the episode considers the ethical implications of AI-generated content and the potential for manipulation in the crypto space. Will, Iman, and TJ conclude by reflecting on the power of marketing within cryptocurrency and its influence on decision-making.

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199

Summary

Hosts Iman and Will explore exciting topics like AI, fusion energy, bioengineering, and the cosmos, and why these could be even more enthralling than crypto. The discussion then pivots to the role of "fleece machines" in the crypto realm, considering their influence on market liquidity and innovation, alongside the fascinating intersection of blockchain and non-arbitrary art.

Our hosts discuss the transformative potential of nanotech, the importance of Bitcoin in guiding market sentiment, and the game-changing role of layer two solutions in the crypto economy and metaverse. They also caution listeners about the crypto industry's resemblance to a casino, highlighting the need for careful investment decisions underlined by fundamental analysis.

The conversation turns to Bitcoin's market trends, its untapped potential, and a vision of digital matter revolutionizing our physical world. Iman and Will tease their upcoming interview with Bitfinity regarding ICP, promising to dive deep into its controversial yet intriguing prospects.

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