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.
Check out our thoughts on the aftermath of the Digital Matter Theory framework release. Will and Iman spend time breaking down the initial reactions and why Non-Arbitrary Tokens (NATs) create a new vector of value creation that anyone can leverage for their token generation.
In this episode of the TBR 1 hr Podcast, hosts Iman and Will delve into the world of cryptocurrency, specifically discussing niche digital tokens like pipe, BRC 20s, rune, STAMPS, Atomicals, tap, and of course Taproot Assets along with their interaction with emerging platforms such as Nostr. They discuss the unique principles of the DMT, as well as the speculation surrounding protocols such as Ethereum, Avalanche, and Solana.
The show's narrative explores the market dynamics of digital assets, their pattern recognition value, and the role of taproot assets in the Bitcoin core ecosystem. Discussing the BRC 20 space, the hosts also share predictions about the potential alignment of a specific standard to DMT principles.
In this episode of TBR 1 hr Podcasts, hosts Iman and Will are joined by guest Danny Yang to delve into the world of Bitcoin and cryptocurrency. They discuss recent developments in the Ordinals ecosystem, including the increasing fees and potential issues with Bitcoin. Danny shares his background in Bitcoin and cryptocurrency ventures, highlighting his current company, Metagood. The conversation also touches on crypto art, the background in cryptography when getting into Bitcoin, early use cases, and the transition of crypto punks to on-chain art. The discussion further delves into the Ordinals protocol and its capabilities for securing digital assets on the Bitcoin blockchain. They touch on the importance of fees in supporting the security of Bitcoin and the push towards Layer 2 solutions. The conversation also goes into how On Chain Monkeys, Metagood’s flagship PFP project, plans to convert all of their Ethereum NFTs into Bitcoin Ordinals.
Msquared is building critical technology to enable developers to build rich and robust metaverse experiences. Over the last several months they have showcased this tech in a variety of multiplayer demonstrations. This Halloween they created a maze experience where tens of thousands of players were competing to complete the challenge simultaneously, demonstrating the capabilities of their massive multiplayer technology. We participated and recorded our experience while discussing the applicability of this tech to the Bitmap ecosystem. Also, our review of the overall experience and thoughts on how it could be improved and reimagined to create an engaging experience for the non-gamer population of the world who seek to onboard onto the metaverse.
In this episode of the TBR 1 hr Podcast, we dive into the world of crypto and art with special guest Bit God. Bit God shares his journey in the crypto space, from reselling sneakers to working at centralized and decentralized exchanges. We explore Bit God's transition to focusing on NFT marketplaces, including the discovery of Ordinals and the creation of a Twitter account for NFT collecting. We also discuss the exciting new release from Quadrillion called Perpetuals, a curated collection of established artists making their debut on Bitcoin. The artists' identities are revealed after the minting process to focus on the art itself. We explore the challenges of onboarding artists to Bitcoin, the importance of digital artifacts, and the potential of the metaverse for community building. The conversation delves into the complexities of token standards, the emergence of Pipe as a hybrid approach combining BRC 20 and Runes, and the need for consensus and direction in the community. We also touch on the potential use of pattern recognition in creating fungible or non-fungible tokens and the importance of developing proper infrastructure to support liquidity.