In this episode, I sit down with Rapha and Jake Blockchain for a deep dive on the future of Runes on Bitcoin—what they unlock, what they break, and what actually survives once the hype clears. We get into why Runes exist in the first place, how they change miner incentives and blockspace markets, and whether Bitcoin-native fungible tokens end up as pure casino chips or critical infrastructure for the next cycle.

Along the way we cover:
• Runes vs BRC-20 and where each fits in the Bitcoin ecosystem
• How Runes might reshape fees, mempools, and miner economics
• The culture war around “spam,” memes, and “serious” Bitcoin use
• What builders should pay attention to now if they’re Runes-curious
• Our best and worst case scenarios for Runes over the next few years

If you’re trying to understand whether Runes are the future of Bitcoin experimentation or just another hype wave, this conversation will give you a grounded, no-BS view from both sides.

Jake's Take: https://x.com/builtonbtcpod/status/1993768648356548678?s=46&t=cLmqCcO7_iC-4yxeKxl1AQ

Rapha's Take:

Rapha on X: https://x.com/RaphaStacks

Jake on X: https://x.com/JakeBlockchain

Mark on X: https://x.com/MarkKilaghbian

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