About this episode
This week, Santi joined Jonah & Avi on the 1000x podcast to discuss Bitcoin breaking $95k, why crypto valuations are struggling, how AI and traditional markets offer better value and clearer cash-flow stories, and why the next era of winners will be real applications, not infrastructure. Enjoy!
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Zcash is encrypted Bitcoin. Your digital bill of rights securing your freedom for the 21st century.
Buy, store and spend ZEC privately using Zashi Wallet download today: https://electriccoin.co/zashi/
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Katana is a DeFi-first chain built for deep liquidity and high yield. No empty emissions, just real yield and sequencer fees routed back to DeFi users.
Pre-deposit now: Earn high APRs with Turtle Club [https://app.turtle.club/campaigns/katana] or spin the wheel with Katana Krates [https://app.katana.network/krates]
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Mantle is pioneering ""Blockchain for Banking"" as a revolutionary new category that sits at the intersection of TradFi and web3.
Key elements for Mantle as the ""Blockchain for Banking"":
Transactions posted to the blockchain
Compatibility with TradFi rails
Integrated DeFi features
Mantle Network, the access layer — transforms Mantle Network into a purpose-built vertical platform — the blockchain for banking — that enables financial services on-chain. Mantle leads the establishment of Blockchain for Banking as the next frontier.
Follow Mantle on X (@Mantle_Official) for the latest updates on Mantle as the 'Blockchain for Banking'.
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Timestamps:
(00:00 Introduction
(01:11) Crypto’s Valuation Problem
(04:41) Crypto vs the Stock Market
(07:55) Crypto’s Valuation Problem Cont.
(12:49) Ads (Zcash, Katana)
(14:03) Is This Time Different?
(18:19) Valuations vs Active Users
(21:33) Future of Blockchain
(25:12) Bitcoin vs Crypto
(29:07) Crypto Needs Cash Flows
(32:24) Ads (Zcash, Katana)
(33:38) Underwriting New Chains
(40:52) Western Union Thesis
(43:58) Equity vs Token Holders
(46:30) The Future of Blockchain Investments
(49:46) Missing the Forest for the Trees
(54:06) Ads (mantle)
(55:05) Still Bullish Bitcoin
(59:20) Institutional Interest in Crypto
(01:05:26) Final Thoughts
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Disclaimer: Nothing said on Empire 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 s
