
The Mining Pod | Blockspace Media
Why tokens don't work (except for Bitcoin)
By Blockspace Media
Aired Jul 13, 2025 · 59m · Last boosted Jul 16, 2025
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FILL OUT THE SURVEY BY CLICKING HERE: https://forms.gle/DFpR9MyhWo1NQ8T39 Gwart joins us to talk about the collapse of crypto's "public goods" era and why the revenue meta is taking over. We dive deep into the fat protocol thesis, why DAOs failed, the difference between Bitcoin and crypto, and how builders are finally focusing on sustainable businesses instead of token hacking. Subscribe to the newsletter! https://newsletter.blockspacemedia.com **NOTES:** • Pump.fun crossed hundreds of millions in revenue • Fat protocol thesis originated 2016-2017 •...
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