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July 10, 2026

Summary

MoonKing joins The Block Runner to recount entering SHIB within its first few days, watching its community form during DeFi Summer, and navigating the extreme volatility that followed. He explains how conviction, narrative, liquidity, and community participation shaped his decisions as SHIB grew.

The conversation examines how meme coin culture has changed since 2020.

MoonKing contrasts the longer holding periods of earlier crypto cycles with today’s rapid trading environment, where launch platforms, copycat tokens, and fragmented liquidity can make sustained community growth more difficult.

The discussion then turns to NAT and its thesis surrounding Bitcoin’s long-term security budget. MoonKing explains why the underlying argument captured his attention, while the hosts discuss miner adoption, TAP Protocol, BIP-110, OP_RETURN, and how NAT could continue operating as Bitcoin evolves.

MoonKing also shares his approach to crypto marketing: lead with a clear, provocative claim, invite disagreement, and support the message with an understandable argument.

The group considers whether a more controversial framing could bring wider attention to NAT and force a substantive debate among Bitcoin supporters and critics.

MoonKing holds NAT and operates paid educational subscriptions and ProudProfits.com; the hosts are active NAT advocates and have interests connected to the project and its ecosystem. Nothing in this episode is financial advice.

Watch the full conversation and subscribe to The Block Runner for future episodes.

213

Summary

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.

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212

Summary

Will and Iman discuss Roaring Kitty's return discussing the value of meme stocks and why a goal helps motivate and propel meme value capturing the attention of every day people. They discuss the components that make a meme successful and uncover the intricacies required for attention to spread. AI is another topic continuing to make progress that will impact everyone. Could it be the next technological wave that affects every business that exists? Predictions for the next market cycle is always a natural talking point as they rationalize what they think is going to happen next. Finally they discuss the importance of keeping up with the Youtube game with clickbait. Why sometimes its a necessary tactic to capture the most attention while at the same time bring value to the viewer in a responsible way.

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211

Summary

As we prepare for the biggest UNAT launch on Mscribe, the rest of the Ordinals community is in Hong Kong preparing to party the night away. We ask the question, should we not be fading these kind of conferences and what actually happens at them? We then get into the L2 discussion brought up by Bitcoin Wizards team on Bankless Podcast. Sentiment around L2’s to Bitcoin seem to be rapidly declining, are they all scams afterall?! We then discuss the upcoming Royals mint and explain why this isn’t like a typical Ordinal collection.

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210

Summary

We recap the events of the last week leading up to what was supposed to be the Redacted launch. After the testing results the Mscribe team felt the need to delay the launch another week to refine the Blockpad experience and address minting issues. We walk through the individual tests and talk about a major debacle we had to overcome. We then discuss the process of Blockpad minting and speculate on the future evolution of it. 

Afterwards we reflect on the previous bear cycle and identify the similarities between then and now. Also, we discuss Bitmap and it’s stagnant state, emphasizing the need for more developers to step in to push the ecosystem forward.

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209

Summary

Will and Iman discuss the current state of crypto markets and the mass delusional state backing the importance of meme culture and the dissolution of utility driven initiatives in web3. Ultimately are meme influencers and tokens hurting the crypto space as a whole? Or is this just a separate sector of importance that has no influence on the progression of web3 innovation and potentially will be used for good to drive more interest and participants toward projects with more substance. 

We then discuss the importance of DMT and non-arbitrary tokens and how they can potentially influence market sentiment given wider adoption. In a market where inspirational innovations are largely lacking, can the idea of Bitcoin data utilization for token generation captivate the minds of the people similar to how early day NFTs did?

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