Decentral Lens: Bitcoin Policy Recap | Pre-Halving/Macro | Runes Reckoning | SEC Douchery 4/11/24

04/11/24 • 107 min

In this week's episode, the focus starts on the findings from Bitcoin Policy Summit in Washington D.C., where hosts Blutoshi and Disco delve into key discussions from the summit, such as the advancements in Bitcoin mining, its political implications, and its increasing recognition in the U.S. political arena. They share compelling stories from the summit, showcasing Bitcoin's role as "Freedom money" and its significance for individuals and movements in Ukraine, Russia, Nicaragua, and Afghanistan, aiding their survival and cause support.

The conversation then turns to the imminent Bitcoin halving, expected around April 19 or 20, exploring its potential effects on Bitcoin's valuation, including the anticipated impact of ETF approvals in Hong Kong. The hosts ponder over Qatar's sizable Bitcoin holdings and the growing trend of corporations emulating Michael Saylor and Microstrategy's Bitcoin investment approach, with MetaPlanet's acquisition strategy serving as a recent example.

Additionally, the episode highlights the RSIC lottery pooling process, commends the art donated by generative art pioneer OTO for the pool, and examines the lottery pool's participation levels. It also speculates on the fate of various Rune projects following the pre-mining period and the halving.

The dialogue then addresses the SEC's recent Wells Notice to Uniswap, dissecting the allegations and Uniswap's structure, while urging support for Uniswap. Updates on Eigen Layer's restaking system and the expansion of Base and Coinbase are discussed. The episode wraps up with insights into the shutdown of the Bored Ape restaurant and the trajectories of significant ETH NFT projects like Azuki, Crypto Punks, and Mfers, concluding with a positive outlook on the future of the crypto sector.

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

Decentral Lens: Runes Revolution | mfer Airdrop/Base | BTC Dip | Is SEC Broken? 4/3/24

In this episode, the hosts Disco and Blutoshi delve into the latest updates from Casey Rodarmor related to his vision and insights shared this week tied to the upcoming launch of Runes, . They explore which projects might lead the market post-halving, while also discussing Runes' architecture and its potential impacts.

The conversation shifts to the recent Mfer token airdrop and Base's success, speculating on Coinbase's potential influence on Ethereum's future. They also analyze a recent dip in Bitcoin price and the news of the U.S. Government transferring around 2 billion USD in Bitcoin to a Coinbase account.

The episode concludes with a discussion on recent comments from SEC officials, raising questions about the SEC's effectiveness and how individuals involved in the cryptocurrency sector can contribute to addressing broader issues.

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

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

Next Episode

Decentral Lens: Bitcoin/Macro | The Halving | Epic Sat | Runes | 4/17/24

In this episode Blutoshi and Disco kick things off by marking it as their final broadcast before the halving event. They dive into a rapid analysis of the macroeconomic environment, noting the recent downturn in Bitcoin and other cryptocurrencies, influenced by global political tensions and the prospect of enduring high interest rates, suggesting a prime moment to maintain a strategy of accumulating satoshis. The conversation also touches on the newly approved Bitcoin and Ethereum ETFs in Hong Kong, noting that their unavailability in mainland China could potentially temper demand and market movement as opposed to what was seen with the launch of Bitcoin ETFs in the U.S.

Disco questions Blutoshi on how this halving differs from those in the past, igniting a dynamic exchange about the effects of innovations like Ordinals and Runes, and how the presence of solid communities adds a layer of excitement and significance to this event. The dialogue then pivots back to various Rune initiatives, particularly focusing on recent swings in the RSICs' lottery pooling percentages. They delve into the upcoming Epic Sat event and its potential repercussions, observing the growing influx of liquidity into the Bitcoin ecosystem in anticipation of new halving-related opportunities. The flourishing of high-caliber art projects within Bitcoin is also discussed, with speculation that art could become a more prominent feature after the halving.

Subsequently, they address the Bored Ape Yacht Club and the latest shifts in their floor prices, leading into a discussion on how dilution affects collections and the evolving priorities of collectors. Disco takes a moment to spotlight the final approval of the Genesis bankruptcy settlement, which ensures that Gemini Earn holders will recover their investments fully. The Winklevoss twins are praised for their role in this outcome and their support of Peter McCormack's Real Bedford football team. Attention then shifts to a recently revised Stable Coin Bill by Cynthia Lummis and Kirsten Gillibrand, which seems to garner bipartisan support and may herald a new era of cryptocurrency regulation.

The hosts update listeners on Azuki, reflecting on the impact of their latest trailer, and express their admiration for Lemonhaze's artwork, pondering its integration into future show enhancements. The episode concludes with news from Franklin Templeton issuing a bullish statement on Runes and the introduction of ForbesWeb3, signaling the need for the cryptocurrency space to brace for new corporate entrants as the halving approaches.

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

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