This week's episode kicks off with a reaction to last night's HBO debut of the "Money Electric" documentary, which promised to unveil the true identity of Bitcoin's anonymous founder, Satoshi Nakamoto. The hosts analyze the takeaways from the film, including the naming of Peter Todd as Satoshi Nakamoto, and conclude that nothing will fundamentally change as a result of the film. They also emphasize that the mystery surrounding Satoshi will remain, and that's probably the best outcome for Bitcoin overall—remember, "We Are All Satoshi."

The show then shifts its focus to the election and the recent surge in Trump's popularity on Polymarket, noting a large upswing over the past week or so. The hosts examine the potential for individuals or groups to influence the narrative of the races on Polymarket by looking closely at one profile and noting the substantial number of pro-Republican bets placed. The moral of the story is to review the data in everything you absorb as you make critical decisions.

Next, the hosts recap Murad's recent presentation from Singapore, where he discusses how memecoins don't need utility and are more straightforward and offer more transparency than VC-backed altcoins, which were prevalent in the last cycle. The conversation delves deeper into this thesis and then highlights the work of ZachXBT, who uncovered several wallets linked to Murad and demonstrated some of the memecoins he currently holds.

The show follows up on the latest developments in the FTX repayment saga. While it's great to hear that users are set to receive about 118% of their frozen funds from when they were frozen on the exchange back in November 22, the kicker is that users will be paid based on the value of their crypto at the time, so for Bitcoin, 16K vs. today's value north of 60K. They will also have to deal with a tax event triggered by the repayment. The show concludes by highlighting Scribe's post speculating that Coinbase's announcement to allow taproot withdrawals could be a signal that support for Ordinals and Runes might be on the horizon

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