First episode of 2026 and we’re setting the frame for what matters this year: AI is hitting escape velocity, “creation” is getting commoditized, and that changes everything from business models to the metaverse thesis.

We talk through the cultural shift (the 2025 existential turn), why low-sentiment periods are when you should be paying the most attention, and how social media incentives reward overreaction. Then we zoom out to the macro: metals ripping, Bitcoin lag dynamics, and what a “real” 2026 setup could look like.

On the crypto side, we dig into the creator coin debate and why the fan-to-investor switch breaks expectations, using the Nick Shirley Zora post as a live case study. Finally, we share our north star: a world where CoinGecko has an “NAT” tab, non-arbitrary tokens become a real market category, and miners distributing NAT becomes the moment the market can’t ignore.

Key topics:

1. AI → new creator economy + new niches
2. Metaverse iteration gets cheaper and faster
3. The problem with “only up” expectations for creator
4. Macro signals: metals, lag theory, and Bitcoin’s next leg
5. Zora case study: viral content vs market participation
6. NAT vision: miners, distribution dashboards, and the path to scale

If you made it through 2025, welcome to 2026. We’re back on the grind. Like, subscribe, and drop a comment with what you think the “mukbang of AI” will be.

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$NAT Telegram: https://t.me/dmt_nat

2025 wasn’t a failed bull market. It was the start of a structural bear.

In this episode, we break down why Bitcoin holding the “blue zone” may signal maturity rather than weakness, and why that shift breaks many of the assumptions crypto has relied on for the last decade. Slower upside, collapsing speculative volume, and pressure on miners aren’t anomalies — they’re consequences.

We revisit the biggest signals from this cycle: Trumpcoin, treasury-company leverage, crypto AI hype, and why on-chain activity quietly evaporated. Then we pivot into AI-generated content, dissecting a viral video that fooled millions and what it reveals about authenticity, persuasion, and trust in the AI era.

From there, we look ahead to 2026: – Miner revenue compression and Bitcoin’s security budget problem – Why “fees will fix it” isn’t enough – Neobanking + stablecoins as the real onboarding wave – Regulation turning crypto into structured internet capital markets

We close with the NAT thesis: Bitcoin’s long-term sustainability depends on a second subsidy. NAT is explored as a non-arbitrary, miner-aligned solution with a clear catalyst timeline (V1, V2, adoption, flywheel).

This isn’t about hype. It’s about whether crypto becomes infrastructure — or breaks under its own assumptions.

Topics:

1. First up, break down why Bitcoin holding the “blue zone” may signal maturity rather than weakness

2. Next, revisit the biggest signals from this cycle: Trumpcoin, treasury-company leverage, crypto AI hype, and why on-chain activity quietly evaporated.

3. Finally, Our prediction for 2026

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$NAT Telegram: https://t.me/dmt_nat

We break down the viral “crypto is dead” take and what it actually means: the industry can’t rely on hype, memes, and casino mechanics forever. We talk about why stablecoins may be crypto’s biggest real-world win, how speculation still funds infrastructure, and why this cycle feels different as AI pulls capital (and attention) into a new “imagination phase.”

We also cover why builders need to ship real products (not just tokens), how authenticity becomes the new premium in an AI world, and why every project may end up running a podcast as the best distribution engine.

Plus: updates on NAT and Bitcoin’s long-term miner security budget problem, including a recent Twitter Space conversation with Cinco and what miner adoption signals to watch next.

Topics:

1. First up, break down the viral “crypto is dead” take and what it actually means
2. Next, discuss why stablecoins may be crypto’s biggest real-world win, and how speculation still funds infrastructure
3. and Finally, updates on NAT and Bitcoin’s long-term miner security budget problem

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$NAT Telegram: https://t.me/dmt_nat

In this episode, we break down why Bitcoin feels range-bound despite massive macro shifts happening in the background. We explore whether the traditional 4-year cycle is breaking, how Fed policy and liquidity signals are changing the game, and what a potential U.S. Strategic Bitcoin Reserve could mean if the government begins accumulating BTC at scale.

The conversation then expands into tariffs, UBI experiments, and how society might transition into an AI-driven future without destabilizing everything in the process. From there, we connect the dots between emerging military AR systems, space-based compute, and why energy, security, and infrastructure are becoming the defining narratives of the next decade.

In the final stretch, we go deep on Bitcoin’s long-term security budget problem, why fees alone may not be enough, and how NAT introduces a sustainable second subsidy for miners without changing Bitcoin’s consensus rules. We also cover miner adoption, hash-power tipping points, and why this could be one of the most important developments in Bitcoin’s history.

Topics:

1. First up, breaking down why Bitcoin feels range-bound despite massive macro shifts happening in the background.
2. Next, tariffs, UBI experiments, and how society might transition into an AI-driven future without destabilizing everything in the process.
3. and Finally, deep dive into Bitcoin’s long-term security budget problem, why fees alone may not be enough, and how NAT introduces a sustainable second subsidy for miners

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$NAT Telegram: https://t.me/dmt_nat

Bitcoin’s biggest risk isn’t the SEC, ETFs, or alt-L1s… It’s the shrinking security budget nobody wants to talk about. We break down why treating Bitcoin as “digital gold” creates the Empty Castle Effect: a multi-trillion dollar asset sitting on-chain with collapsing fees and a weakening incentive for miners to defend it long term.

We walk through the timeline of miner adoption of NAT (Non-Arbitrary Tokens) and why having ~60% of Bitcoin hash rate already touching NAT matters for security. From COVID and the failed “metaverse pivot,” to AI eating all jobs, to tiny homes and Ready Player One, we zoom out on how economic incentives are shifting and why Bitcoin’s fee market can’t be left to vibes and rainbow charts forever.

We also react to an AI-generated explainer built with NotebookLM, talk Jensen Huang, reusable rockets, and first-principles thinking, then deconstruct Michael Saylor’s latest “Bitcoin rocket” diagram and the pyramid accusations around it. Finally, we go deep on why “Bitcoin will just keep doubling” quietly violates basic physics, how that ties into the security budget problem, and where Digital Matter Theory (DMT) and NAT fit in as a potential answer.

If you care about Bitcoin’s long-term security, miner incentives, and what a post-halving world looks like when block rewards fade, this is the episode you shouldn’t skip.

Topics:

1. First up, the gang discuss what Bitcoin’s biggest risk is, and it isn’t the SEC, ETFs, or alt-L1s
2. Next, walk through the timeline of miner adoption of NAT (Non-Arbitrary Tokens) and why having ~60% of Bitcoin hash rate already touching NAT, matters for security
3. and Finally, react to an AI-generated explainer built with NotebookLM, talk Jensen Huang, reusable rockets, and first-principles thinking.

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$NAT Telegram: https://t.me/dmt_nat

We dive deep into the real tensions shaping the crypto landscape, from Bitcoin’s security budget and miner incentives to the rise of arbitrary L1 chains playing the same old ICO game. We explore why NAT and Digital Matter Theory offer a fundamentally different path forward and put the entire crypto ecosystem through what we call the “Alien Test”: if an advanced civilization judged humanity by our digital assets, which technologies would actually pass?

We break down the psychology of how people solve problems, why non-arbitrary tokens matter, and how space computing, satellites, and the Type-1 civilization shift directly connect to where Bitcoin mining is headed next. The conversation expands into NAT branding, the Dyson sphere narrative, decentralization risks, the flash crash, and new pressures facing institutional trading desks. We also cover MicroStrategy’s positioning, market maker wipeouts, and why the industry keeps repeating the same patterns with new chains.

If you’re trying to understand how Bitcoin, miner incentives, NAT adoption, and the broader space race fit together, this episode maps out the entire picture. Stay to the end as we address the most common criticisms of NAT and highlight community thinkers like Rossi who continue pushing the conversation forward.

Welcome to another chaotic-smart, high-signal episode right before Thanksgiving. Enjoy.

Topics:

1. First up, diving deep into the real tensions shaping the crypto landscape, from Bitcoin’s security budget and miner incentives to the rise of arbitrary L1 chains
2. Next, breaking down the psychology of how people solve problems, why non-arbitrary tokens matter, and the Type-1 civilization shift directly connect to where Bitcoin mining is headed next
3. and Finally, covering MicroStrategy’s positioning, market maker wipeouts, and why the industry keeps repeating the same patterns with new chains

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$NAT Telegram: https://t.me/dmt_nat

Two years ago, Digital Matter Theory and the $NAT token were introduced as an experiment in redefining what Bitcoin could become. Today, that experiment has evolved into a live, measurable force inside Bitcoin’s mining economy. With hash price collapsing to all-time lows and miner revenues under historic pressure, the Bitcoin security budget problem is no longer theoretical; it’s visible on every chart.

We revisit the origin of DMT, the birth of $NAT, and the emergence of UNATs and @dmtnatcats. We break down why miner redirects matter, how 40% of Bitcoin’s hash power is now acknowledging NAT, and why the next phase of Bitcoin’s evolution hinges on incentives, not ideology. From the multiplayer Blockpad mint to the unexpected breakthroughs in digital physics, this conversation pulls together two years of discovery and honest reflection on where Bitcoin must go next to survive.

Whether you’re a miner, investor, or someone who cares about Bitcoin’s long-term security, this episode shows why #NAT didn’t just appear at the right time; it appeared when Bitcoin needed it most.

Topics:

1. First up, Two years ago, Digital Matter Theory and the $NAT token were introduced to redefine what Bitcoin could become
2. Next, revisit the origin of DMT, the birth of $NAT, and the emergence of UNATs
3. and Finally, this episode shows why #NAT didn’t just appear at the right time; it appeared when Bitcoin needed it most

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$NAT Telegram: https://t.me/dmt_nat

Bitcoin just spent a year at all-time highs without a classic blow-off top—so did we actually already live through the bull market without feeling it? In this episode we walk through the red days, the compressed four-year cycle, and why a 60K–70K BTC “bottom” could trigger a slow-motion extinction event for miners. We break down what that means for network security, why miner incentives matter more than most people want to admit, and how NAT as a second subsidy fits into this picture if hash price keeps getting crushed.

From there we zoom out and compare this cycle to the last one: DeFi, NFTs, GameFi, and the Metaverse versus Ordinals, memecoins-as-a-service, AI agents, and the OtherSide. We talk about why the metaverse hype died so fast, whether Yuga’s $500M land sale can ever be justified, and how insanely fast humanoid robots are evolving in China, Russia, and the U.S.—plus what that means for labor, isolation, and the inevitability of digital economies. Finally, we connect it all to the macro race between China and the U.S.: gold versus digital rails, state-level attack surfaces on Bitcoin, and why all of these tailwinds converge into a “lightning in a bottle” moment for NAT, DMT, and Bitcoin-aligned incentives.

If you’re a miner, builder, or long-term crypto investor trying to understand what happens if this really was the top—and how to position around security budgets, hash power, and new subsidy layers—this one’s for you. Drop your questions in the comments, follow us on X, and join the NAT Telegram to go deeper into the miner incentive war. Nothing in this video is financial advice; do your own research.

Topics:

1. First up, Bitcoin just spent a year at all-time highs without a classic blow-off top—so did we actually already live through the bull market without feeling it?

2. Next, We talk about why the metaverse hype died so fast

3. and Finally, why all of these tailwinds converge into a “lightning in a bottle” moment for NAT, DMT, and Bitcoin-aligned incentives.

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$NAT Telegram: https://t.me/dmt_nat