Gm! This week we invite Kyle Samani to the show for a wide ranging discussion on his current crypto thesis. We deep dive into the L1 vs L2 debate, Stablecoins & DePin as crypto's killer use cases, why Solana will ultimately flip Ethereum & so much more. Enjoy!
--
Follow Kyle: https://x.com/KyleSamani
Follow Mert: https://twitter.com/0xMert_
Follow Dan: https://twitter.com/smyyguy
--
Get 15% off an indoor or outdoor Helium Mobile Hotspot using code LIGHTSPEEDHOTSPOT: https://hellohelium.com/hotspot
Helium Mobile is a new phone service that uses the Helium Network – a decentralized wireless network built by people – AND the nation’s largest 5G network. By creating coverage, you’re helping to build a better network together, while earning MOBILE rewards.
--
Join us at Permissionles III. Use code LIGHTSPEED10 for a 10% discount: https://blockworks.co/event/permissionless-iii
--
Subscribe on YouTube: https://bit.ly/43o3Syk
Subscribe on Apple: https://apple.co/3OhiXgV
Subscribe on Spotify: https://spoti.fi/3OkF7PD
Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/
--
(00:00) Introduction
(01:20) What Crypto Enables
(03:58) The L1 vs L2 Thesis
(08:42) Building Crypto Applications: Stablecoins & DePin
(13:51) Helium Mobile Ad
(16:25) The RWA Thesis
(18:48) Social Tokens, Meme Coins & Crypto Gaming
(26:14) MEV & L1 Value Capture
(31:02) Why Solana Will Flip Ethereum
(33:54) Permissionless III Ad
(34:57) Token Issuance
(40:27) Economic Security
(49:19) Restaking Is Not Solving A Problem
(52:07) Measuring Decentralization
(54:56) Advice For Founders
(57:07) L2s Are Mispriced
(01:01:11) Solana L2s
--
Disclaimers:
Although our guest this week is a Managing Partner of a registered investment adviser, nothing in this podcast should be considered an offer of Multicoin’s investment advisory services or should otherwise be confused for investment, tax, legal or other financial advice.
Lightspeed was kickstarted by a grant from the Solana Foundation.
Nothing said on Lightspeed is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mert, Dan and our guests may hold positions in the companies, funds, or projects discussed.
