Jon Wu

Timestamps:(00:00:00) - Intro + Meme Of The Week   (00:03:19) - Burning Man Highlights   (00:05:59) - Ethereum Merge In Simple Terms(00:10:39) - Pros & Cons Of Proof Of Stake(00:12:49) - Store Of Value(00:16:01) - Examples of Bad Behavior in Proof Of Stake Mechanism   (00:20:31) - Merge, Surge, Verge, Purge, And Splurge(00:23:08) - Verkle Trees + Polygon(00:32:28) - Should We Be Worried?   (00:35:19) - Polygon Powering Starbucks Loyalty(00:38:28) - Jon Wu's Case Study on Starbucks   (00:47:39) - Will Starbucks Call Them NFTs?(00:50:02) - Kanye’s Business Deals & Negotiating in PublicWhat Is Not Investment Advice?Every week, Jack Butcher, Bilal Zaidi & Trung Phan discuss what they're finding on the edges of the internet + the latest in business, technology and memes.Watch + Subscribe on YouTube:https://youtu.be/5UPXVwHRo0AJoin our group chat on Telegram:https://t.me/notinvestmentadviceLet us know what you think on Twitter:@bzaidi@trungtphan@jackbutcher@niapodcast Hosted on Acast. See acast.com/privacy for more information.

Jon Wu, head of growth at Aztec Network and a key voice in the Terra/Luna ecosystem, dives into the recent chaos surrounding $UST and $LUNA. He discusses how a Bitcoin short may have triggered the depeg and posits it could have been a deliberate attack. Wu draws parallels between the project’s mechanisms and traditional financial entities, explaining the implications of low liquidity and governance challenges. Despite the turmoil, he shares his belief that algorithmic stablecoins aren’t finished yet and offers insights on the future of $ ext{LUNA}$ and $ ext{UST}$.

Timestamps:(00:00:00) Intro(00:01:01) Meme of The Week(00:02:23) Apple vs Startups(00:04:43) Apple's PassKey(00:05:56) Apple's Car Play(00:06:53) Buy-Now-Pay-Later (BNPL)(00:18:39) Classic Clip: Michael Saylor on iPhone(00:21:31) Apple vs Android(00:34:25) Post-Payment Installment Splits vs Buy-Now-Pay-Later(00:42:25) Interview with Jon Wu, Head of Growth at Aztec Network(00:44:58) Why Nate Chastain Was Arrested(00:47:02) Wire Fraud Deep Dive(00:53:17) What Extent Do Federal Prosecutors Get Involved(00:57:36) Other Crypto/Digital Cases(01:01:19) Is A 40-Year Sentence Reasonable?(01:03:53) Implications of Money Laundering Using Crypto(01:07:10) Would Nate have been prosecuted if he built OpenSea himself?(01:08:34) Jon's Hat(01:09:24) Elizabeth Holmes interviewed Jon to be CFO of TheranosEvery week, Jack Butcher, Bilal Zaidi & Trung Phan discuss what they're finding on the edges of the internet + the latest in business, technology, and memes.Watch + Subscribe on YouTube:https://youtu.be/pDObsgo2amcJoin our group chat on Telegram:https://t.me/notinvestmentadviceLet us know what you think on Twitter:@bzaidi@trungtphan@jackbutcher@niapodcast Hosted on Acast. See acast.com/privacy for more information.