On The Brink with Castle Island.
A podcast with interviews, news and perspectives about the blockchain industry. Hosted by Nic Carter and Matt Walsh.
https://onthebrink-podcast.com/
I noticed Prometheum still puts out content
They expectedly completely dropped their Gensler honeypot psyop and now praise “regulatory clarity” and “modernization” from current SEC lol
Apparently just pretending they whole thing never happened
And meanwhile suing people with <1k Twitter followers for calling them scammers. Pure scum
https://x.com/coindesk/status/1951330959233589712?s=46
Thoughts on Canton since its been discussed on the pod
I'm an investor and I run a validator node. Mainly invested because Don Wilson is behind it. The business case is at least ... legible ... but I also have some doubts
The tech is the most overengineered thing I have ever seen. The infra cost is high and the tech stack is convoluted. Documentation for these things is always poor for all projects but there were a ton of undocumented fixes that required their devs to help
My most cracked dev who never stumbled on any technical problems got burned out getting this to work and had to take a few days off once it was running. The company Digital Asset tried to bill us for customer support because our dev was asking questions about how to build on their open source software
I'm not convinced the cost and complexity has a tradeoff of actual value, I just think they built something crazy. I also question the Canton token value accrual. But if they can onboard institutions there'll be something valuable there
OTB Friday 5k
I feel personally attacked by the 22min run time
24 is at least aspirational, nowhere near 22 rn
Coverage on James Wynn? Hyperliquid FUD?
Yeah guess it was a slow week
"The accounting issues related to stealing old Bitcoin remaining outstanding" 😂
Regarding Matt's question "wouldn't [someone with a secret quantum computer] attack other systems first?"
I used to think they would obviously go after some bigger fish than Bitcoin but now I think Bitcoin is the most attractive target
Would you rather make millions/billions of dollars taking most likely lost or known-to-be lost coins (which you can possibly justify to yourself and/or the public as a victimless crime, if even a crime) or risk jail forever by committing fraud on the NYSE or eavesdropping on the President?
I am not aware of a use for a secret quantum computer that isn't morally and legally fraught and the risk/reward of taking dead people's Bitcoin is pretty good compared to the alternatives
OTB Friday 5k
We officially dead here on farcaster? @nic @mattwalshinbos let us know next week! Might move to Twitter.
I also refuse to learn more about the MOVE situation. MOVEing on
My boys over at OYL/Alkanes have built full smart contract capability slamming data in op_return and it’s ruffling some feathers
OTB Friday 5k
Posted just in time for the run!
MEV IS coming to Bitcoin
It’s already there, brought to you by Alkanes
But Rebar Shield is already in place with infrastructure to mitigate its affects
I’m an advisor at both, happy to connect!
Kind of insane this isn’t being talked about anywhere on here.
Basically the story is:
>Silvergate is intentionally killed by OCP2.0 (pressure from the Fed making it impossible to do business with legit crypto companies)
>Silvergate panic triggers run on Silicon Valley Bank
>SVB was then killed by Elizabeth Warren (via Gruenberg at FDIC) despite having several valid offers that could save it
>Political pressure rises to save SVB, but it’s not systemic. Signature bank is intentionally sent into receivership to trigger systemic status
https://open.spotify.com/episode/4IikHw4kXhtCc0qCoOBPO8?si=Aj0TD7LkSSWITBVrtgBXCA&context=spotify%3Acollection%3Apodcasts%3Aepisodes
Good conversation with @awakesolution on bridging onchain TradTech "www." domain ownership to crypto. This is a big /ethereum opportunity.
Perhaps @ensdomains can help create this bridge too.
https://play.pocketcasts.com/podcasts/dddfe700-c157-0137-b70d-0acc26574db2/bca3b3f0-e6b1-4838-ab9c-a51fe55cc95d