In Episode 317 of The Block Runner Podcast, hosts William and I-man unpack why this Bitcoin cycle felt like a failed rocket launch, how unrealistic expectations soured market sentiment, and what Bitcoin's diminishing returns mean for miners and the long-term security budget.
They then dive into the real world asset wave sweeping crypto: graded sports cards and Pokemon moving on-chain, Meteora and OpenSea entering the RWA arena, and what past collectible bubbles, from tulips to trading cards, teach us about speculative media.
Finally, they share NAT.fun updates: the second rocket launch, a move toward systemic periodic launches, fame-score based caps, and ten thousand dollars up for grabs for creators.
Disclosure: The hosts are founders of NAT.fun and hold positions in assets discussed. Nothing in this episode is financial advice.
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William and Iman discuss Bitfinex’s potential coverup of $850 million using Tether. Next, we look into what would need to happen in order for a $10 million bitcoin to exist. Then we discuss how Basic Attention Token could help improve the experience of surfing the Internet using the Brave browser. We then wind down and discuss the ending of Game of Thrones without any spoilers! Finally, we end with self driving cars and artificial intelligence and what it means for the future of humanity.
Satisfies Nakamoto wrote the famous Bitcoin white paper, but there are many who claim to be him. There are many others who believe that the current Bitcoin blockchain is not following the original vision of Satoshi. William and Iman discuss the connection between Satoshi, Craig Wright, and Roger Ver. Next we cover the document on Bitcoin Accumulation by Adamant Capital. Finally we close with the death of Nipsey Hussle and how he was having an impact on Bitcoin adoption.
When first diving into the cryptocurrency space, many times you’ll experience the feelings of losing when you see the prices decline. Managing the emotions of price fluctuations become paramount when participating in the crypto-sphere. How does one manage tax implications when trading cryptocurrencies? Finally, we close with how digital assets go beyond just currencies.
Every 4 years, Bitcoin experiences an event where block rewards from mining are cut in half. This deflationary aspect of Bitcoin is part of the reason why it's become so valuable. We discuss how this fact impacts the price and it's cyclical nature. Just like any other industry, cryptocurrencies experience a hefty amount of fraud. William and Iman go into Bitconnect and its year long ponzi scheme. One new developing aspect in this industry is Initial Exchange Offering and how this will be the new hype.
William and Iman introduce themselves in their new podcast! They get into how they became involved in the space and why they believe in it so much. The break down what blockchain is, how it works and why it's so important. Cryptography is integral to securing transactions and they explain how hashing plays a role. Finally, the 10 year on going debate between Bitcoin and Gold continues.