Coffee with Captain: Crypto Markets, Products and Builders

With the show running audio-only, the room settled into an open-mic flow and bounced between headlines, culture and what matters next. The anchor was MoMA adding CryptoPunks and Chromie Squiggles, sparking a debate on how museums acquire work, what “validation” actually means, and why events like NFT NYC still miss the

A Christmas morning audio-only check-in where gratitude, markets and product talk are all combined into a chill episode. The crew shares what they’re thankful for, threads in a light read on what’s happening in crypto and reflecting on the past. Along the way, they also touch on upcoming plans and what they want to imp

Holiday energy set the tone as the crew opened with Festivus-style crypto grievances and a quick temperature check from chat. From there, the conversation zoomed out into why “crypto isn’t cool anymore” is a real retention problem when attention turns over faster than ever. They workshopped an Abstract angle where XP c

Aave’s governance civil war turned into a simple question: who actually owns the protocol, the code, the front end, or the brand. The crew broke down how the conflict escalated into proposals to move trademarks, domains, and social accounts to the DAO, then a Snapshot vote about explicit control over key brand assets.

Polymarket teasing its own L2 sparked a bigger debate about app-owned chains, bridge friction, and whether token-first economics just recreate nonstop sell pressure. The crew tied that into the tape by framing market open moves through year-end positioning and tax-loss tactics that let traders reset risk without abando

Exchange plumbing and market-maker behavior set the tone, starting with how a Binance API outage left market makers sidelined and amplified liquidations. The conversation then moved to stablecoin rails and why USDC can briefly depeg in liquidity pools even when Circle’s backing is redeemable. From there, they zoomed ou