Runes: A Degenerate Casino on the Bitcoin Blockchain Creative | The Protocol

In this installment of "The Protocol," hosts Brad Keoun, the founding editor of The Protocol Newsletter, and tech journalists Sam Kessler and Margaux Nijkerk, are joined by Casey Rodarmor to discuss the launch of Runes, a protocol on the Bitcoin blockchain that allows users to create and trade meme coins. Casey expresses skepticism about the usability of layer 2 solutions and the potential for stablecoins on Bitcoin. 00:00 Introduction and Background 05:58 Runes: A Degenerate Casino on the Bitcoin Blockchain 13:58 Bitcoin's Strengths and Ethereum's Weaknesses 27:58 Bugs and Challenges Before the Launch 35:26 The Potential for Stablecoins on Bitcoin 41:59 Creative and Offensive Rune Names 49:57 Developing a User-Friendly File-Sharing Protocol #cryptocurrency #digitalfinance #finance #bitcoin #crypto #runes #caseyrodarmor #theprotocol #podcast Subscribe to CoinDesk on YouTube: https://www.youtube.com/user/CoinDesk?sub_confirmation=1 Site: https://www.coindesk.com Twitter: https://www.twitter.com/coindesk LinkedIn: https://www.din.com/company/coindesk/ Instagram: https://www.instagram.com/coindesk Facebook: https://www.facebook.com/CoinDesk Newsletters: https://www.coindesk.com/newsletters CoinDesk Podcast Network: https://open.spotify.com/show/2jyIhkvAQhed8AWDZiPpSP Markets Daily Crypto Roundup: https://open.spotify.com/show/7sDXM8BlxsUqzL2IqmLqwE CoinDesk is the leading digital media, events and information services company for the crypto asset and blockchain technology community.