Core Discussion Topics: In a conversation at Token 2049, Arthur Hayes and Tom Lee explored trends and challenges in cutting-edge areas including Digital Asset Treasuries (DATs), stablecoins, perpetual contract exchange competition, prediction markets, and privacy coins. DATs (Digital Asset Treasuries): * Tom Lee pointed out that Bitmine, as the largest Ethereum treasury, has created a "flywheel effect" through clear communication and institutional connections (e.g., investment from ARK funds)...

Core Discussion Topics: In a conversation at Token 2049, Arthur Hayes and Tom Lee explored trends and challenges in cutting-edge areas including Digital Asset Treasuries (DATs), stablecoins, perpetual contract exchange competition, prediction markets, and privacy coins. DATs (Digital Asset Treasuries): * Tom Lee pointed out that Bitmine, as the largest Ethereum treasury, has created a "flywheel effect" through clear communication and institutional connections (e.g., investment from ARK funds)...