In Episode 2 of The LOCAL, Tim returns from Token2049 with some questions, and very few answers.Between degen rabbit suits and multi-billion-dollar acquisitions, it’s clear where the real action is (and it’s not on the conference floor). Coinbase buys Deribit. Stripe goes stablecoins. Movement Labs signed a shocker of a market-making deal, which we dig right in to.   This week: Who’s still taking conferences seriously, and why the smart money isn’t Why the biggest crypto deals now happen behind closed doors Coinbase x Deribit: smart options play or branding headache? Stripe’s stablecoin pivot and why it matters Movement Labs and the market maker with a Gmail address What price targets, fake volume, and “free tokens” say about the MM problem   Also: The Dutch invented market making — we just broke it Will crypto ever get an ISDA moment? Plus: a toast to Warren Buffett   👉 Subscribe to catch future episodes   🎧 Also on Youtube, Apple, and wherever you get your podcasts.   Follow us on X:⁠https://x.com/TheLocalWMC⁠@timmeggs | Marcus (the other one)