Reasoning By Analogy With Kyle Samani

October 8, 2024

Kyle Samani of Multicoin Capital–a fund well known for its Solana bags and focus on DePIN–joins The Gwart Show! Today, we discuss Solana’s potential to overtake Ethereum, the future of DeFi, token economics, and the emerging DePIN sector. We have some hot takes on Ethereum as a failed project, ultrasound money, etc. Also we talk about moats for dapps, wallets and infra (always infra…)

Follow our guest on Twitter: @KyleSamani @multicoincap

👋The Gwart Show is proudly presented by Ellipsis Labs! Ellipsis Labs is building foundational products in DeFi. Their first product @PhoenixTrade is the leading orderbook DEX on Solana. The team is growing—visit ellipsislabs.xyz for engineering opportunities.

Enjoy the show? Check out our website and newsletter by clicking here.

Questions or want to sponsor? hello@blockspace.media

Related Episodes

Saylor Survives, other crypto DATs are cooked

James Christoph breaks down why MicroStrategy can't be replicated, DATs are doomed, and crypto markets are more efficient than people think. Plus: Celestia's inflation problem, Ethena's systemic risks, and why Hyperliquid nailed their stablecoin strategy.

Oct 05, 2025

Inside Tempo: Stripe’s New L1 For Payments

Malesh from Special Mechanisms Group discusses joining Tempo, Stripe's new payments-focused L1 blockchain, covering MEV, stablecoins, credible neutrality, and why they didn't build on existing chains.

Sep 28, 2025

Bitcoin venture investing, bitcoin banks, and stablecoins

Eric Yakes from Epoch Ventures discusses Bitcoin's evolution from store of value to banking system integration, stablecoin dynamics

Sep 21, 2025

Bitcoin miners are front & center for the new energy trade

Rory Murray, Director of Digital Asset Management at Cleanspark, joins us to discuss his journey from global macro investing to leading Bitcoin mining operations, the Grid acquisition, cost structures, hedging strategies, and how the business is evolving into a hybrid energy‑finance powerhouse.

Sep 13, 2025

CRYPTOMOMMY (SEC Commissioner Hester Peirce)

SEC Commissioner Hester Peirce discusses the Clarity Act, token classification, protocol ownership, and MEV in a candid podcast interview.

Sep 07, 2025

Seeker launch & Solana’s future w/ Toly

Anatoly discusses Solana's Seeker phone launch, competing with Apple/Google monopolies, Hyperliquid's challenge to decentralized markets, Bitcoin philosophy, meme coins, and the future of crypto hardware distribution channels.

Aug 31, 2025

Inside Dark Pools On Solana With Benedict

There's places you won't want to venture in Solana, where market makers and trading giants siphon profits from frothy retail traders.

Aug 17, 2025

Making Bitcoin cheap to spend with Ark

Alex discusses how Ark competes with roll-ups, enables Bitcoin capital markets, and could transform Lightning's UX while maintaining self-custody.

Aug 10, 2025

Hyper Gamble to Wealth w/ Felix

"Hyper gambling your way to wealth" has become a rational strategy in our current economic environment as fiscal dominance replaces monetary policy.

Aug 03, 2025