322. TBR - MoonKing | SHIB Origins | Meme Coin Conviction | NAT and Bitcoin

MoonKing joins The Block Runner to recount entering SHIB within its first few days, watching its community form during DeFi Summer, and navigating the extreme volatility that followed. He explains how conviction, narrative, liquidity, and community participation shaped his decisions as SHIB grew. The conversation examines how meme coin culture has changed since 2020. MoonKing contrasts the longer holding periods of earlier crypto cycles with today’s rapid trading environment, where launch platforms, copycat tokens, and fragmented liquidity can make sustained community growth more difficult. The discussion then turns to NAT and its thesis surrounding Bitcoin’s long-term security budget. MoonKing explains why the underlying argument captured his attention, while the hosts discuss miner adoption, TAP Protocol, BIP-110, OP_RETURN, and how NAT could continue operating as Bitcoin evolves. MoonKing also shares his approach to crypto marketing: lead with a clear, provocative claim, invite disagreement, and support the message with an understandable argument. The group considers whether a more controversial framing could bring wider attention to NAT and force a substantive debate among Bitcoin supporters and critics. MoonKing holds NAT and operates paid educational subscriptions and ProudProfits.com; the hosts are active NAT advocates and have interests connected to the project and its ecosystem. Nothing in this episode is financial advice. Watch the full conversation and subscribe to The Block Runner for future episodes.