Crypto just went through a $19 billion liquidation blowout — but despite the chaos, Wall Street is starting to look more like crypto.

Meltem Demirors, one of the most influential investors in digital assets and a defining voice of its culture, joins The Crypto Tape to explain why speculation isn’t a flaw — it’s human nature.

Now the founding partner of Crucible, a new venture firm built to back the next generation of crypto founders, Meltem reflects on the heat and transformation that define both markets and people.

She argues that volatility isn’t the enemy — it’s the mechanism through which innovation emerges. From the re-industrialization of America and energy infrastructure to the cultural convergence between Wall Street and crypto, this conversation explores how belief, risk, and progress are forged in the same fire.

Inside the episode: • Why “everything humans do is speculative” • How crypto mirrors (and now drives) Wall Street behavior • The new energy + infrastructure wave powering digital assets • What Crucible represents for the next cycle of builders

Listen to one of crypto’s sharpest thinkers unpack the human and structural forces shaping a $4 trillion market.