Anniversary Show | Black Swans & Bitcoin | Ethereum's L2 Status | 🔥Burn mfer burn🔥

10/02/24 • 84 min

This week's special anniversary episode kicks off with the hosts reminiscing on the lessons learned since the show's inception a year ago. They share their thoughts on the evolution of the show, as well as the importance of navigating the timeline and influencers in the cryptocurrency space.

The hosts then delve into Lyn Alden's groundbreaking research, which reveals that Bitcoin has consistently outperformed other assets when governments increase spending. In light of recent events in the Middle East, they revisit BlackRock's Bitcoin presentation, highlighting the cryptocurrency's impressive historical performance through major geopolitical events. The top 12 Bitcoin holders worldwide are discussed, including Trad-Fi industry giants BlackRock and Fidelity, as more companies embrace Bitcoin as a long-term investment strategy.

The conversation shifts to Ethereum L2s, with a focus on Vitalik's recent thoughts on their alignment with the Ethereum ecosystem. The hosts analyze L2beat's rankings, providing insights into the development progress of various L2s and discussing the potential implications for Bitcoin.

Briefly touching on Fractal's price drop and the Eigen token launch, the hosts then demonstrate the process of finalizing bridging ETH from the Optimism network to the main Ethereum chain. They also discuss recent developments in Trump's Worldlibertyfi DeFi project and Stand With Crypto's support for 39 candidates in the upcoming election.
The episode concludes with a live teleburn by Blu, who inscribes his mfer from Ethereum and OpenSea to Bitcoin Ordinals inscription 4733, marking the first sub-5K mfer inscription. This exciting process showcases the ever-evolving nature of the cryptocurrency space and the incredible opportunities presented to those active in the space.

The Decentralized Era is just beginning. Come join us on the Socials:

X | @DecentralLens | @Blutoshi | @DiscoHODL
YouTube: @DecentralLens
Web: https://decentralpod.com/

The Decentralized Era is just beginning. Come join us on the Socials:

X | @DecentralLens | @Blutoshi | @DiscoHODL
YouTube: @DecentralLens
Web: https://decentralpod.com/

Previous Episode

What you need to know: OP_CAT, Fractal, Runes & RSIC

In this Deep Dive episode with Scribe, we uncover everything you need to know about OPCAT, Fractal, Runes, and RSIC. The show begins with Scribe providing an overview of OPCAT and what it could potentially unlock for Bitcoin, as well as what could be viewed as potential risks and expectations for a timeline when it could go live. The potential role of light pools and gossip networks could be brought into the equation for the development of Runes is also discussed.

Next, the conversation turns to understanding what CATNIP is and how it relates to Fractal, leading to a more in-depth conversation about Fractal's price activity and the prospects and options for its success moving forward. Also noted, is the CAT protocol's recent news that their account had been deactivated from Twitter/X. The conversation steers back towards when OPCAT could actually be launched, and it is brought up that macro factors should be considered in this equation, especially with the new adoption of Bitcoin within the traditional finance ecosystem.

The case for Runes being relevant right now begins to become a theme as they are available now and work well but are suffering from a matter of liquidity at the moment, leading to a discussion around various Runes projects and their potential for success when the liquidity arrives, with an emphasis on RSIC's potential. Uncommon Goods is also brought up as an intriguing Rune to keep an eye on as the show winds down.

The Decentralized Era is just beginning. Come join us on the Socials:

X | @DecentralLens | @Blutoshi | @DiscoHODL
YouTube: @DecentralLens
Web: https://decentralpod.com/

Next Episode

Rare Sats Deep Dive with Quary from Magisat

In this special episode, the show welcomes @const_quary, the Founder of Magisat and an expert in rare sats. Quary shares his journey from Ethereum to Bitcoin, Ordinals, and Rare Sats, detailing his first experience with Rare Sats through the Hacker Ninjas project and the luck of having a large amount inscribed on Pizza Sats. This experience led Quary to dive deeper into the Rare Sat world and the thrill of treasure hunting.

The conversation then shifts to the origin of Magisat and its purpose, as well as its unique features, including the sorting mechanism. Quary explains the classification of Rare Sats, the theory behind it, and the total supply of sats, including uncommon, rare, epic, legendary, and mythic. It is also highlighted how the supply of sats and rare sats will continue to decrease due to havenings and how sats can fall into multiple categories, a unique aspect of Bitcoin.

The discussion turns to the Epic sats, with speculation about who owns them and who might have the Epic sat that is now sequestered. Quary outlines his plan for the Rare Sats cabal, which includes educating the market, fixing the market with charts and market information, creating a moonshot (possibly using Block 9 450X), and eventually moving to exchanges and other markets. The idea is also explored that rare sats could be a bridge for Bitcoin maxis and could even be considered the first meme coins.

The episode concludes with a call for listeners to investigate the potential of rare sats on their own and to be open to their relevance as the space continues to evolve.

The Decentralized Era is just beginning. Come join us on the Socials:

X | @DecentralLens | @Blutoshi | @DiscoHODL
YouTube: @DecentralLens
Web: https://decentralpod.com/