Mike Dudas on Crypto Community Resilience

The Breakdown

Blockworks

Investing, Business

4.8 • 786 Ratings

🗓️ 30 December 2022

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

This episode is sponsored by Nexo.io, Circle and Kraken. Today’s guest is Mike Dudas of 6th Man Ventures and LinksDAO. Find our guest on Twitter: @mdudas - Nexo is a security-first platform where you can buy, exchange and borrow against your crypto. The company ensures the safety of your funds and keeps innovating with products like the Nexo Wallet - a non-custodial smart wallet that allows you to create your Web3 identity. Get early access at nexo.io/wallet. - Circle, the sole issuer of the trusted and reliable stablecoin USDC, is our sponsor for today’s show. USDC is a fast, cost-effective solution for global payments at internet speeds. Learn how businesses are taking advantage of these opportunities at Circle’s USDC Hub for Businesses. - Kraken, the secure, trusted digital asset exchange, is our sponsor for today's show. Kraken makes it easy to instantly buy 185+ cryptocurrencies with fast, flexible funding options. Your account is covered by regular Proof of Reserves audits, industry-leading security and award-winning Client Engagement, available 24/7. Sign up and trade today at kraken.com/breakdown. - “The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell and research by Scott Hill. Jared Schwartz is our executive producer and our holiday theme music is "Spike The Eggnog" by Two Dudes. Music behind our sponsors today is “Glasgow” by Falls. Image credit: We Are/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.

Transcript

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0:00.0	At the same time, not really maybe understanding or caring about the crypto ethos that so many people espoused from, you know, call it 2008 until 2020, for better and worse.
0:15.1	I actually think it's better to have, you know, multiple, you know, very different communities of folks.
0:22.4	We need many more, I think. I think gaming is the next big unlock, but many different communities of folks using applications
0:27.4	and products that exist on public blockchains.
0:33.0	Welcome back to The Breakdown with me, NLW. It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world.
0:43.0	The breakdown is sponsored by nexo.io, Circle, and Cracken, and produced and distributed by CoinDesk.
0:52.3	What's going on, guys? It is Friday, December 30th, and today I am chatting with Mike Dutus of Sixth Man Ventures and Links Dow.
0:59.6	Before we get into our conversation, however, if you are enjoying the breakdown, please go subscribe to it, give it a rating, give it a review, or if you want to dive deeper into the conversation, come join us on the Breakers Discord.
1:09.2	You can find a link in the show notes or go to bit.ly
1:11.3	slash breakdown pod. Today my guest is Mike Dutus. Mike is a journeyman crypto head who before
1:18.0	joining crypto was in payments technology at companies like Venmo. He went on to found the block
1:22.6	before stepping back in 2020 and building a venture firm, Six-Man ventures, as well as a golf-related Dow,
1:28.0	Lynx Dow.
1:29.0	In today's show, we discussed the resilience of the NFT community, the distortions of the last
1:33.4	bull market, and why there's still room for optimism moving forward.
1:37.9	All right, Mike, welcome to the breakdown.
1:39.7	How you doing, sir?
1:40.6	I am doing quite well this morning.
1:42.2	Thank you.
1:43.0	Happy, almost holidays, Mary, almost Christmas.
1:45.4	We are here. We're recording on Thursday, December 22nd. It's been a very eventful 24 hours.
1:50.7	It's been a very eventful 24 days. It's been a very eventful year. But I'm excited to dig in with
	...

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