LinksFrank TwitterThe ScoopShow PartnerThis episode is presented by FTX. Trade on an awesome mobile interface fee-free, and still get all the great portfolio tracking features you know and love: https://uponly.tv/ftxShow NotesWhy Shave Mustache?– “It’ll come back”– Cousins getting married, doesn’t wanna steal the showThe Block– Scoops has been there since 2018– Soon to be 4 year anniversary– 100+ people– Have data, research content, consulting/ advisory– Subscription products for all these legacy folksVenture Capital– Last year there was 32B that poured into crypto VCNFTs– Bored Apes/ Larva Labs– Some people outside of crypto may not think apes are impressive from an art standpoint– “this price is ridiculous!”– But there are so many things that are like that, handbags for exampleEnvironmental Impact of NFTs?– There is a lag between what we know in crypto vs what the outside world knows– Even when there are changes to make it better, it takes a long time for the public to accept a net narrative– It’s just a viral narrativeLarva Labs Deal– Scoops was surprised– He never expected M&A among NFT entities– Might even be a bit of a risk arbitrage– Mike Dudas talked about how LinksDAO was in the cross hairs of regulatorsCrypto Politics– “If it quacks like a duck and it walks like a duck, then its a security!” -Franky Scoops– People will likely get voted out of office if they take an anti crypto stance– Ryan Selkis potentially running– There are a few other crypto natives thinking about running– Free market resonates with the right– Protect the power of the dollar pushes away the right– “Banking the unbanked” resonates with the left– Environmental concerns pushes away the left– Ted Cruz will do anything for a vote– Ledger: “I think we need to get Dan Matuszewski to run up there in Boston”– “He’d hate it so much that he’d be a good politician”– Frank: “He’d be a great politician”– Ledger: “Can you imagine Dan up there getting grilled by congress”– “He’s start grilling them back give them the Boston treatment”Exciting Trends– Excited about NFTs moving separately from the other markets– Interest rates in cryptoInsane Wealth– SBF and CZ just have unheard of money– More scared of normal multimillionaires than crypto billionaires– The crypto billionaires have just been super humble – SBFs story is classic– Scoops: “Comparison is often the thief of joy”– Why can people not hang on to their Bored Apes?!– Just targeted much more oftenTerra and Do Kwon– Do Kwon is very relaxed– They want to make UST the largest stablecoin across various different chains– Sometimes he wakes up, puts on pants, and just buys $1B worth of BitcoinFINAL ALPHA– When prices are going down, just remember to count all of the blessings that you have in your life. Things could be a lot worse ?Notes by Kevin and LukeMusic by GiovanniPickle