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Listen to the episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Pandora, Castbox, Google Podcasts, TuneIn, Amazon Music, or on your favorite podcast platform.\nWelcome to The Chopping Block \u2013 where crypto insiders Haseeb Qureshi, Tom Schmidt, and Tarun Chitra chop it up about the latest news. This week, they are joined by Laura Shin, the host of Unchained, to discuss the latest post from Ethereum co-founder Vitalik Buterin, who argues that crypto needs to get back to its idealistic cypherpunk roots. Is Vitalik the Pope of crypto, as Haseeb argues, and is there even a need for such an exemplary-type figure? And how do other influential crypto folks like Solana\u2019s Anatoly Yakovenko and Tron\u2019s Justin Sun fit into this dynamic? The gang also discusses the likely imminent approval of a spot Bitcoin ETF in the U.S. and what it might mean for Bitcoin\u2019s price and Ordinals Inscriptions.\nShow highlights:\xa0\n\nWho won the group\u2019s bet on what the circulating supply of PayPal\u2019s stablecoin, PYUSD, would be at the end of the year\n\nThe Orbit Bridge hack and how the potential involvement of North Korea could be a problem for the industry\n\nHow Vitalik\u2019s post urging for a return to the cypherpunk ideals sparked a debate within the community\n\nWhether Vitalik is like \u201cthe Pope of crypto\u201d and whether there\u2019s even a need for one\n\nWhy it\u2019s so important to keep the cypherpunk ethos, according to Tarun\n\nWhy Tom believes, after reading Vitalik\u2019s post, that the wrong lessons are being learned\n\nHow Vitalik and Solana\u2019s Anatoly Yakovenko could represent the religious leaders of two different approaches\n\nWhether Justin Sun is the \u201cinverse of Vitalik\u201d\n\nHow GBTC holders are the most impacted ones given that the spot Bitcoin ETFs will be created and redeemed in cash\n\nWhether the SEC is picking favorites in the Bitcoin ETF landscape\n\nWhat could happen to the price of BTC if the ETF is approved\n\nWhether the rise in Bitcoin\u2019s price will increase fees so much that it crowds out Ordinals Inscriptions\n\nHosts\n\n\nHaseeb Qureshi, managing partner at Dragonfly\xa0\n\n\nTom Schmidt, general partner at Dragonfly\xa0\n\n\nTarun Chitra, managing partner at Robot Ventures\n\nGuest\n\nLaura Shin, journalist, author of \u2018The Cryptopians,\u2019 founder and CEO of Unchained\nDisclosures\nLinks\nCypherpunk ideals\n\n\nMake Ethereum Cypherpunk Again by Vitalik Buterin\n\nQuotes on Vitalik\u2019s post on X\n\nBusiness Insider: 'Heed these words of warning:' Ethereum founder threatens to leave if the crypto community doesn't grow up\n\n\nThe Block: Solana Labs CEO: It \u2018doesn\u2019t really matter\u2019 if the network goes down again\n\n\nSpot Bitcoin ETF\n\nUnchained:\xa0\n\n77% of Financial Advisors Are Waiting for a Spot Bitcoin ETF to Offer Their Clients\n\nHow Much Money Will Flow Into Bitcoin ETFs? Here\u2019s One Projection\n\nShould First-Time Bitcoin Investors Buy Now or Wait for the ETF?\n\nSigns Increasingly Point to January Approval of Spot Bitcoin ETF Applications\n\nWhy The Spot Bitcoin ETF Is a Big Deal\n\nDeciding on Bitcoin: Should New Investors Jump In Now or Wait for an ETF?\n\nCoinDesk: Michael Saylor Commences Plan to Sell $216M Worth of MicroStrategy Stock Options\n\n\nPayPal\u2019s PYUSD bet:\nThe Chopping Block: Curve Crisis Concludes With a Whimper, PayPal\u2019s PYUSD Raises New Questions\nOrbit Bridge hack\n\nUnchained: Orbit Chain Announces 'Significant Clue' in $81 Million New Year's Eve Hack\n\n\nThe Block: Orbit Chain's bridge reportedly hacked for $81.5 million\n\n\n\nLearn more about your ad choices. Visit megaphone.fm/adchoices