Vitalik: ETH as a store of value

Crypto feels cooked in 2026, and the Super Bowl proves it. Ryan and David unpack Coinbase’s Backstreet Boys rug pull ad and what it reveals about crypto’s collapsed public narrative. Then they dig into the brutal selloff, why IBIT’s record volume hints at forced TradFi liquidation, and what Polymarket is pricing for Bitcoin under $50K. From Robinhood’s prediction markets exploding into a real revenue engine to the political fight over who regulates “gambling vs markets,” the thesis is clear: finance is the only use case still scaling. Plus: LayerZero’s new “world computer” L1, MegaETH and Aztec’s bear market launch playbook, Vitalik finally calling ETH a store of value, ENS staying on L1, BlackRock bringing BUIDL to Uniswap, and the weirdest loose end of all, SBF’s missing tungsten cube.

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TIMESTAMPS & RESOURCES

0:00 Intro

0:32 Super Bowl Coinbase Commercial 

https://x.com/julia_fiedler5/status/2020672759508967576

10:02 Markets

https://x.com/cryptorand/status/2021894696268660736

https://x.com/TheDemocrats/status/2019492504614150375

https://polymarket.com/event/what-price-will-bitcoin-hit-before-2027/?via=bankles

https://x.com/intocryptoverse/status/2019835733503255006

https://x.com/DegenerateNews/status/2020846896084852796

https://x.com/blckchaindaily/status/2021967204653445163 

https://x.com/WatcherGuru/status/2020860553732768085

https://www.strategicethreserve.xyz

https://x.com/WatcherGuru/status/2021325189674357204

25:46 Prediction Markets Growth has been explosive

https://x.com/theoneandomsy/status/2021399052366250280

https://x.com/TrustlessState/status/2021603112541102400 

https://x.com/movietimedev/status/2021278393136808099

https://x.com/mattplatkin/status/2021335653091508323

https://x.com/GovChristie/status/2019515642836054038

https://x.com/michaelselig/status/2019533204068393280

34:51 A tail of Three Chains - LayerZero, Robinhood, MegaETH

https://x.com/LayerZero_Core/status/2021338847972663394

https://x.com/a16zcrypto/status/2021348447656476841

https://www.coingecko.com/en/coins/layerzero

https://x.com/LayerZero_Core/status/2021343796236321036

https://x.com/RobinhoodApp/status/2021585052417630465

https://youtu.be/KcpMRlmrkEw

https://x.com/megaeth/status/2020876108342927670

https://x.com/TrustlessState/status/2021265395307495795

https://x.com/Zac_Aztec/status/2021707048497602777

https://x.com/sjdedic/status/2021960471704707177

https://www.coingecko.com/en/coins/zama

https://app.hyperliquid.xyz/trade/MEGA

https://www.coingecko.com/en/coins/layerzero

44:04 Are non-financial crypto dead?

https://x.com/matthuang/status/2020858831065043159

https://x.com/jessepollak/status/2020962065100538091

https://x.com/cdixon/status/2019837259575607401

https://x.com/hosseeb/status/2020451853633511696

50:04 ETH & BlackRock

https://x.com/VitalikButerin/status/2019814868140933287

https://x.com/ensdomains/status/2019789111557808146

https://x.com/BrantlyMillegan/status/2019791852531069313

https://x.com/vitalikbuterin/status/2019818956530274327

https://x.com/haydenzadams/status/2021587358999630034

https://x.com/KalshiTrade/status/2021586037034651819

https://fortune.com/2026/02/11/blackrock-uniswap

https://finance.yahoo.com/news/uniswap-token-jumps-following-blackrock-165720913.html

https://www.coingecko.com/en/coins/uniswap

57:13 MrBeast acquired a Gen Z‑focused banking app

https://x.com/MrBeast/status/2020910218360782929

https://x.com/BuckOnTwidder/status/2021005048654987354

59:17 You can now give your agent a self-custodial wallet! 

https://x.com/programmer/status/2021649037074870627
https://docs.cdp.coinbase.com/agentic-wallet/quickstart.

https://x.com/base/status/2021413560740721048

1:01:10 Safemoon founder sentenced to 100 months in prison

https://x.com/IRS_CI/status/2021340944143196568?

1:02:19 SBF suck up…full on propaganda - pardon by summer?

https://x.com/SBF_FTX/status/2021932965047988515

https://themissingbillions.com/

1:05:42 Closing & Disclaimers

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