Logan Jastremski Podcast

Logan Jastremski
  • 5.0 (6)
  • Technology

Logan is an Investor, Writer, and Podcast Host. Investing: https://www.frictionless.fund Thoughts: https://frictionlesscapital.substack.com Twitter: @LoganJastremski

  1. 3d ago

    All of Finance Is Moving Onchain with Dragonfly General Partner Rob Hadick | EP 165

    My conversation with Rob Hadick.As General Partner at Dragonfly, Rob has one of the clearest views on how blockchain is evolving from speculative crypto into the actual infrastructure of global capital markets. In this episode we dig into why finance, payments, asset issuance, and markets are the only parts of crypto that are truly scaling and how the industry is quietly becoming TradFi’s onchain upgrade.We spend a lot of time mapping traditional capital markets primitives directly onto blockchain rails and examining where value is actually going to accrue as tokenization, stablecoins, and onchain trading mature.At the center of the conversation is the belief that blockchain is no longer building a parallel financial system — it is becoming the settlement, issuance, and trading layer for the existing one, while crypto itself settles into a more mature “capital markets +” phase focused on real assets, institutional flows, and sustainable business models.We discuss:- The current state of crypto as capital markets infrastructure and the decline of pure speculative narratives- Why finance, payments, and tokenization are winning while most other crypto applications struggle- The architectural parallel between traditional capital markets and on-chain systems- Tokenized assets = Securities- Stablecoins = Cash / settlement- DEXs & on-chain venues = Exchanges- Prediction markets = Information markets- Why institutions are moving on-chain and what they actually want (control, privacy, segregated markets)- Token vs equity: where value accrues in a non-Clarity Act world- The mass extinction event in crypto VC and why Dragonfly is doubling down on financial infrastructure- Stablecoins, RWAs, and the real path to “tokenization of everything”- Prediction markets (and why Polymarket matters) as the next interface layer- Sustainable business models and where value will ultimately captureTimestamps:0:00 – Introduction & State of Crypto as Capital Markets2:00 – Why Speculative Narratives Are Fading7:00 – Finance, Payments & Tokenization as the Only Scaling Verticals12:00 – Institutional Adoption & What Wall Street Actually Wants18:00 – Token vs Equity Value Accrual25:00 – Blockchain as the New Settlement & Issuance Layer35:00 – Prediction Markets, Information & the Next Interface45:00 – Crypto VC Consolidation & Dragonfly’s Thesis55:00 – Real-World Assets, Stablecoins & On-Chain Markets1:05:00 – Closing Thoughts: Where Value Accrues NextEnjoy!

  2. Aug 11

    Why AI is Unbundling Faster Than You Think with Tarun Chitra | Ep 164

    My conversation with Tarun Chitra. As a co-founder of Gauntlet and GP at Robot Ventures, Tarun has one of the sharpest frameworks for understanding market structure across both crypto and AI. In this episode we dig into why open-source AI is unbundling faster than most people expect, and how the resulting stack looks surprisingly similar to DeFi. We spend a lot of time mapping the AI infrastructure layers directly onto crypto primitives and examining where value is actually going to accrue as models, harnesses, routers, and inference providers separate. At the center of the conversation is the belief that AI’s unbundling is creating a new competitive order-flow market (data centers competing like nodes, MEV-like dynamics for tokens/GPUs) while crypto itself has settled into a more mature “TradFi plus+” phase focused on trading, payments, and bringing real assets on-chain. We discuss: - The current state of crypto as TradFi+ and the decline of speculative narratives - Why AI is killing Bitcoin mining economics and weakening ETH value accrual - The architectural parallel between AI stacks and DeFi Harnesses = Wallets Routers = DEX aggregators, Models = Protocols Inference Providers = LPs - Why open-source models are unbundling faster than traditional software - Agents as the next interface layer and the potential unbundling of ETFs - Cryptography, verifiable compute, and turning GPUs into digital assets - Onchain compute trading as the real crypto × AI opportunity - Sustainable business models and where value will ultimately capture Timestamps: 0:00 – Introduction & State of the Crypto Market (TradFi+) 2:00 – Speculative Narratives Fade, Trading & Payments Remain 7:00 – AI’s Impact on Bitcoin Economics & Data Center Opportunity Cost 9:00 – ETH Value Accrual, Solana Positioning & DeFi Token Sustainability 15:00 – Trading Design Space & On-Chain Volume Upside 25:00 – AI Unbundling Thesis: Open-Source Models vs Data Centers 35:00 – The DeFi Mapping (Harnesses, Routers, Models, Inference) 48:00 – Agents, Preference Expression & Unbundling Traditional Products 1:00:00 – Real-Time Harness Generation & Active Learning 1:05:00 – Cryptography, Verifiable Compute & On-Chain GPU Markets 1:10:00 – Closing Thoughts: Where Value Accrues Next Enjoy!

  3. 11/10/2025

    The internet is great, but not for this... with Cofounders Austin Federa & Mateo Ward | EP 158

    DoubleZero is the High-Performance Global Network of network of dedicated high-performance links engineered to bring low-latency networking to everyone, everywhere.Austin's Twitter: https://x.com/Austin_FederaMateo's Twitter: https://x.com/mateowardDoubleZero's Twitter: https://x.com/doublezeroShelby's Website: ⁠https://doublezero.xyz/Logan Jastremski's Twitter: https://x.com/LoganJastremski Frictionless's Twitter: https://x.com/FrictionlessVCFrictionless's Website: ⁠https://frictionless.capital

  4. 11/03/2025

    Building decentralized AWS with Shelby leading Engineer Pranav Raval | EP 157

    The first decentralized hot storage network, being built on a dedicated fiber network. Designed for content streaming, AI inference, and real-time apps. Pranav's Twitter: https://x.com/rpranav Shelby's Twitter: https://x.com/shelbyserves Shelby's Website: ⁠https://shelby.xyz/ Logan Jastremski's Twitter: https://x.com/LoganJastremski Frictionless's Twitter: https://x.com/FrictionlessVC Frictionless's Website: ⁠https://frictionless.capital⁠

  5. 09/30/2025

    Building Crypto’s Interactive Broker with Andrew Tan CTO of Titan | EP 156

    Titan is building Crypto’s Interactive Broker providing the national best bid and offer (nbbo) in the Solana Ecosystem. Titan's Twitter: https://x.com/Titan_Exchange Andrew's Twitter: https://x.com/defythepancake Titan's Website: ⁠https://titan.exchange Logan Jastremski's Twitter: https://x.com/LoganJastremski Frictionless's Twitter: https://x.com/FrictionlessVC Frictionless's Website: ⁠https://frictionless.capital⁠

  6. 03/17/2025

    Drift’s Lead Engineer: Beating TradFi with Tighter Spreads & Long-Term Strategy | EP 155

    Chris Heaney is the Lead Engineer of Drift Protocol which brings on-chain, cross-margined perpetual futures to Solana. Drift Protocol's Twitter: @DriftProtocol Chris Heaney's Twitter: @crispheaney Drift's Website: ⁠https://www.drift.trade/⁠ Logan Jastremski's Twitter: @LoganJastremski Frictionless's Twitter: @_Frictionless_ Frictionless's Website: ⁠https://frictionless.fund/⁠

  7. 03/11/2025

    Debunking Celestia FUD: Nick White Sets the Record Straight | EP #154

    Nick White is the COO of Celestia Labs. In this podcast we talk about Debunking the Celestia FUD. Celestia is a modular consensus and data network, built to enable anyone to easily deploy their own blockchain with minimal overhead and the first modular blockchain network. Nick White - COO of Celestia Labs Nick's Twitter: @nickwh8te Celestia's Website: https://celestia.org/ Logan Jastremski - Co-Founder at Frictionless Capital: Logan's Twitter: @LoganJastremski Frictionless Capital: https://www.frictionless.fund/

  8. 12/06/2024

    Drift Founder Cindy Leow on becoming the largest open-sourced perpetual futures exchange | EP #154

    Cindy Leow is the Co-Founder of Drift. Drift Protocol is the largest open-sourced perpetual futures exchange built on Solana, the fastest L1 blockchain. Cindy Leow's Twitter: https://x.com/cindyleowtt Drift's Twitter: https://x.com/DriftProtocol Drifts Website: https://www.drift.trade/ Logan Jastremski - Co-Founder at Frictionless Capital Logan's Twitter: https://x.com/LoganJastremski Frictionless Capital: https://www.frictionless.fund/

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Ratings & Reviews

5
out of 5
6 Ratings

About

Logan is an Investor, Writer, and Podcast Host. Investing: https://www.frictionless.fund Thoughts: https://frictionlesscapital.substack.com Twitter: @LoganJastremski

Information

  • Creator
    Logan Jastremski
  • Years Active
    2021 - 2026
  • Episodes
    159
  • Rating
    Clean
  • Copyright
    © Logan Jastremski
  • Show Website
    Logan Jastremski Podcast

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