Decentral Lens

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


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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/

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