When Shift Happens Podcast

Haseeb Qureshi, Managing Partner at Dragonfly, breaks down the one rule that separates investors who actually get rich from those who don't: staying in the market when everything says to get out. A former professional poker player turned VC, he shares how he survived 2018 and FTX without selling, and why he defended Ethereum and Solana when nobody else would.THE SHIFT NEWSLETTER💡Go beyond the mic - subscribe to The Shift, my new weekly newsletter where I share the uncut stories, raw takes, and behind-the-scenes notes from When Shift Happens: https://www.kevinfollonier.com/crypto-web3-newsletter___________PARTNERS🚀 Jupiter is the most used Decentralized Exchange in Crypto and the largest DEX by volume on Solana: https://jup.ag/💳 KAST lets you manage and spend stablecoins or crypto with a Visa Card or Apple Pay. Live in 100+ countries - Get $20 Signup Bonus - https://go.kast.xyz/VqVO/SHIFT - promo code: SHIFT🔓 Trezor offers the safest cold-storage wallets for crypto and true financial independence. Buy with 10% off - promo code: WSH10 - https://affil.trezor.io/SH12h🌱 Bitwise Asset Management manages $15B+ across 30+ crypto investment products — ETFs, index funds, alpha, staking, and more. https://bitwiseinvestments.com/⚖️ Ethena is a synthetic dollar protocol on Ethereum, offering a crypto-native, non-bank-dependent stablecoin called USDe. It uses a delta-neutral hedging strategy with staked ETH to maintain a $1 peg. https://ethena.fi/🔒Sumsub is the leading full-cycle verification platform for the crypto industry, chosen by 8 out of 10 of the world’s largest exchanges. From instant KYC and KYB to automated crypto transaction monitoring, they help VASPs, exchanges, and DeFi platforms prevent fraud, stay compliant, and scale globally. Download the Sumsub Crypto Industry Report 2026 here: https://sumsub.link/osb♾️ Coinsilium provides vital funding and expert advice to Web3 and AI-powered early-stage technology companies. https://www.coinsilium.com___________Follow Haseeb Qureshi• Twitter: https://x.com/hosseebFOLLOW WHEN SHIFT HAPPENSTwitter (X): https://x.com/KevinWSHPod  Instagram:  https://www.instagram.com/kevinfollonier_ TikTok: https://www.tiktok.com/@kevinfollonier_Linkedin: https://www.linkedin.com/in/kevinfollonier/Website: https://kevinfollonier.com/DISCLAIMERThe info contained herein is for informational purposes only. Nothing herein shall be construed to be financial, legal, or tax advice. The content of this video is solely the opinions of the speakers who are not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speakers do not guarantee any particular outcome.0:00 Introduction1:55 Studio & Show Discussion3:30 How Hasseb Feels In Life4:51 Why All The Og’s Are Leaving Crypto7:39 How Do You Last In Crypto9:39 Biases That Crypto Investors Try To Trick You With11:20 Partnerships: @Trezor @BitwiseInvest12:06 Major Lessons Haseeb Learned At Silicon Valley17:51 Why Haseeb Compares Crypto To Tech21:29 What Crypto Is All About24:35 Haseeb’s Meaning Behind Believing In Exponentials30:51 Partnership: @KASTxyz 31:39 How Haseeb Sees Crypto’s Future Becoming Huge40:54 Does Haseeb Ever Sell Major Tokens41:28 More Oh Haseeb’s Personal Finances42:04 Haseeb’s Thesis On Bitcoin + Exponential Growth48:29 What Does Bitcoin Look Like Once Saturated51:10 Partnerships: @JupiterExchange @Ethena51:53 Why Haseeb Defends ETH & SOL58:07 When Has This Growth Story Thesis Been Wrong1:02:31 Where HyperLiquid Fits: Growth Or Revenue1:04:05 Should People Stay In Crypto?1:08:31 Closing Thoughts

Eric Larchevêque, co-founder of Ledger, shares why everything you've been told about owning money is wrong - and how losing his savings to a corrupt bank, having his gold seized, and watching his co-founder get kidnapped for €10 million in Bitcoin proved it.THE SHIFT NEWSLETTER💡Go beyond the mic - subscribe to The Shift, my new weekly newsletter where I share the uncut stories, raw takes, and behind-the-scenes notes from When Shift Happens: https://www.kevinfollonier.com/crypto-web3-newsletter___________PARTNERS🚀 Jupiter is the most used Decentralized Exchange in Crypto and the largest DEX by volume on Solana: https://jup.ag/💳 KAST lets you manage and spend stablecoins or crypto with a Visa Card or Apple Pay. Live in 100+ countries - Get $20 Signup Bonus - https://go.kast.xyz/VqVO/SHIFT - promo code: SHIFT🔓 Trezor offers the safest cold-storage wallets for crypto and true financial independence. Buy with 10% off - promo code: WSH10 - https://affil.trezor.io/SH12h🌱 Bitwise Asset Management manages $15B+ across 30+ crypto investment products — ETFs, index funds, alpha, staking, and more. https://bitwiseinvestments.com/⚖️ Ethena is a synthetic dollar protocol on Ethereum, offering a crypto-native, non-bank-dependent stablecoin called USDe. It uses a delta-neutral hedging strategy with staked ETH to maintain a $1 peg. https://ethena.fi/🔒Sumsub is the leading full-cycle verification platform for the crypto industry, chosen by 8 out of 10 of the world’s largest exchanges. From instant KYC and KYB to automated crypto transaction monitoring, they help VASPs, exchanges, and DeFi platforms prevent fraud, stay compliant, and scale globally. Download the Sumsub Crypto Industry Report 2026 here: https://sumsub.link/osb♾️ Coinsilium provides vital funding and expert advice to Web3 and AI-powered early-stage technology companies. https://www.coinsilium.com___________Follow Eric Larchevêque• Twitter: https://x.com/ericlarchFOLLOW WHEN SHIFT HAPPENSTwitter (X): https://x.com/KevinWSHPod  Linkedin: https://www.linkedin.com/in/kevinfollonier/Website: https://kevinfollonier.com/DISCLAIMERThe info contained herein is for informational purposes only. Nothing herein shall be construed to be financial, legal, or tax advice. The content of this video is solely the opinions of the speakers who are not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speakers do not guarantee any particular outcome.0:00 Introduction2:00 Eric’s First Podcast In English2:32 Where Does Eric’s Optimism Come From3:31 The First Thing Eric Thinks Of Every Morning4:03 What Eric’s AI Agents Do4:57 How Eric Uses These AI Agents5:47 What Does Eric Do & Why8:01 Why People Need To Hit A wall12:39 Who Is Eric Larcheveque13:21 Eric’s First Major Leap For His Company18:21 Going From Building Websites To Bitcoin27:31 Partnerships: @Trezor @BitwiseInvest28:17 Why Eric Went All In On Bitcoin34:37 Did Eric Question The Volatility Of Bitcoin40:24 100% Of Eric’s Liquid Networth Is In Bitcoin49:59 You Should Build A Bitcoin Strategy53:07 Where Does Bitcoin Go In 10 Years54:47 What Does A Bitcoin Dominant World Look Like59:24 Partnership: @KASTxyz 1:00:12 Why Bitcoin Will Never Hit 01:10:47 What Eric Learned While Building Ledger1:16:03 Co-Founder Kidnapping Discussion & Advice1:25:56 Why Eric Stays In France1:27:23 Partnerships: @JupiterExchange @Ethena1:28:07 What Is The Bitcoin Society1:32:25 Who’s Backing Bitcoin Society1:32:51 What Does A NBA Player Do With Bitcoin1:33:46 Eric’s View On Learning To Learn1:34:38 Why Eric Creates Videos When He Could Chill1:37:19 Is Eric Building A Personal Brand1:39:00 Does Eric Feel Happier Now With Money1:40:04 Being An Entrepreneur Requires Sacrifice1:41:22 Experiences > Buying Extra Bitcoin1:44:06 Do Everything To Achieve This One Thing1:45:11 Closing Thoughts

Dan Tapiero is the Founder of 50T Funds, a growth-stage equity fund exclusively focused on the digital asset ecosystem, and one of the few Wall Street veterans who has been publicly bullish on crypto since 2019.In this episode, Dan reveals why crypto is the greatest macro investment of all time, why most investors will lose money despite being right, and why his $50 trillion thesis may actually be conservative.THE SHIFT NEWSLETTER💡Go beyond the mic - subscribe to The Shift, my new weekly newsletter where I share the uncut stories, raw takes, and behind-the-scenes notes from When Shift Happens: https://www.kevinfollonier.com/crypto-web3-newsletter___________PARTNERS🚀 Jupiter is the most used Decentralized Exchange in Crypto and the largest DEX by volume on Solana: https://jup.ag/💳 KAST lets you manage and spend stablecoins or crypto with a Visa Card or Apple Pay. Live in 100+ countries - Get $20 Signup Bonus - https://go.kast.xyz/VqVO/SHIFT - promo code: SHIFT🔓 Trezor offers the safest cold-storage wallets for crypto and true financial independence. Buy with 10% off - promo code: WSH10 - https://affil.trezor.io/SH12h🌱 Bitwise Asset Management manages $15B+ across 30+ crypto investment products — ETFs, index funds, alpha, staking, and more. https://bitwiseinvestments.com/⚖️ Ethena is a synthetic dollar protocol on Ethereum, offering a crypto-native, non-bank-dependent stablecoin called USDe. It uses a delta-neutral hedging strategy with staked ETH to maintain a $1 peg. https://ethena.fi/🔒Sumsub is the leading full-cycle verification platform for the crypto industry, chosen by 8 out of 10 of the world’s largest exchanges. From instant KYC and KYB to automated crypto transaction monitoring, they help VASPs, exchanges, and DeFi platforms prevent fraud, stay compliant, and scale globally. Download the Sumsub Crypto Industry Report 2026 here: https://sumsub.link/osb♾️ Coinsilium provides vital funding and expert advice to Web3 and AI-powered early-stage technology companies. https://www.coinsilium.com___________FOLLOW DAN TAPIERO• Twitter: https://x.com/DTAPCAP• LinkedIn: https://www.linkedin.com/in/dan-tapiero-22b41b191/FOLLOW 10T HOLDINGS• Twitter: https://x.com/10Tfund• Website: https://10tfund.com/FOLLOW WHEN SHIFT HAPPENSTwitter (X): https://x.com/KevinWSHPod  Instagram:  https://www.instagram.com/kevinfollonier_ TikTok: https://www.tiktok.com/@kevinfollonier_Linkedin: https://www.linkedin.com/in/kevinfollonier/Website: https://kevinfollonier.com/DISCLAIMERThe info contained herein is for informational purposes only. Nothing herein shall be construed to be financial, legal, or tax advice. The content of this video is solely the opinions of the speakers who are not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speakers do not guarantee any particular outcome.0:00 Introduction2:00 Kast Card Discussion2:40 Dan’s Framework For Investing In Businesses5:29 Why Equity Over Tokenization12:19 Partnerships: @Trezor @BitwiseInvest13:05 Dan’s Bullish Tweet Style Explained19:55 The Shift That Makes Someone Confident28:00 Partnership: @KASTxyz 28:48 Why Markets Tend To Do The Unexpected32:23 Conviction In Bitcoin Is Becoming Much Harder41:03 How Dan Raises Money During A Bear Market46:24 Partnerships: @JupiterExchange @Ethena47:07 Why Dan Is Confident Crypto Will Go To $50 Trillion52:02 How Agentic AI Will Help Crypto Reach $50 Trillion54:33 The Numbers Behind ETH & SOL Post $50 Trillion58:30 Closing Thoughts

Tarek Mansour is the co-founder and CEO of Kalshi, the largest federally regulated prediction market exchange in the US - valued at $2 billion and backed by some of the world's top investors.THE SHIFT NEWSLETTER💡Go beyond the mic - subscribe to The Shift, my new weekly newsletter where I share the uncut stories, raw takes, and behind-the-scenes notes from When Shift Happens: https://www.kevinfollonier.com/crypto-web3-newsletter___________PARTNERS🚀 Jupiter is the most used Decentralized Exchange in Crypto and the largest DEX by volume on Solana: https://jup.ag/💳 KAST lets you manage and spend stablecoins or crypto with a Visa Card or Apple Pay. Live in 100+ countries - Get $20 Signup Bonus - https://go.kast.xyz/VqVO/SHIFT - promo code: SHIFT🔓 Trezor offers the safest cold-storage wallets for crypto and true financial independence. Buy with 10% off - promo code: WSH10 - https://affil.trezor.io/SH12h🌱 Bitwise Asset Management manages $15B+ across 30+ crypto investment products — ETFs, index funds, alpha, staking, and more. https://bitwiseinvestments.com/⚖️ Ethena is a synthetic dollar protocol on Ethereum, offering a crypto-native, non-bank-dependent stablecoin called USDe. It uses a delta-neutral hedging strategy with staked ETH to maintain a $1 peg. https://ethena.fi/🔒Sumsub is the leading full-cycle verification platform for the crypto industry, chosen by 8 out of 10 of the world’s largest exchanges. From instant KYC and KYB to automated crypto transaction monitoring, they help VASPs, exchanges, and DeFi platforms prevent fraud, stay compliant, and scale globally. Download the Sumsub Crypto Industry Report 2026 here: https://sumsub.link/osb♾️ Coinsilium provides vital funding and expert advice to Web3 and AI-powered early-stage technology companies. https://www.coinsilium.com___________CONNECT WITH TAREK MANSOUR👇Twitter: https://x.com/mansourtarek_Twitter: https://x.com/KalshiWebsite: https://kalshi.com/FOLLOW WHEN SHIFT HAPPENSTwitter (X): https://x.com/KevinWSHPod  Instagram:  https://www.instagram.com/kevinfollonier_ Linkedin: https://www.linkedin.com/in/kevinfollonier/Website: https://kevinfollonier.com/DISCLAIMERThe info contained herein is for informational purposes only. Nothing herein shall be construed to be financial, legal, or tax advice. The content of this video is solely the opinions of the speakers who are not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speakers do not guarantee any particular outcome.0:00 Introduction3:11 Where The Anime Passion Comes From4:01 How Tarek Is Doing4:53 Who Is Tarek7:02 Which Version Of Uncertainty Is Tarek A Fan Of9:10 Where Tarek’s Fire In The Belly Comes From13:33 Partnerships: @Trezor @BitwiseInvest14:20 What Tarek’s Brother Does15:19 Why Tarek’s Resilience Is Crazy16:31 Why Is Entrepreneurship Like Therapy22:16 Is Tarek Mad, Crazy, Or In Denial24:45 Would Tarek Have Ever Given Up Earlier?29:54 Partnerships: @KASTxyz @sumsub31:19 How To Focus On Inputs, Not Results33:16 When Did Kalshi Come Into Existence36:00 What’s The True Innovation Of Prediction Markets38:28 How Prediction Markets Revolutionize The Media43:47 How Are Prediction Markets A Better Insurance44:55 Why Is There No Leverage In Prediction Markets47:16 Partnerships: @JupiterExchange @Ethena48:00 Tarek’s Opinion On Insider Trading51:19 Who Enforces The Insider Trading Rules55:26 How Kalshi Surveys Suspicious Behavior56:59 Tarek’s Honest View On Crypto59:41 Why Kalshi Is Launching Regulated Perps In The U.S1:00:30 What Does Regulated Perps Mean?1:02:22 Was Kalshi Inspired By HyperLiquid 1:03:41 How Much Time Does Tarek Look At Competition1:05:58 What’s The Endgame For Kalshi1:07:06 What Does Tarek Do With A Billion Dollars1:08:31 Is Tarek Happy1:13:08 One Thing Tarek Should Let Go Of1:14:18 Closing Thoughts

Raoul Pal, co-founder of Real Vision, returns to break down why the AI race is the biggest capital event in human history and why crypto holders are positioned to win. THE SHIFT NEWSLETTER💡Go beyond the mic - subscribe to The Shift, my new weekly newsletter where I share the uncut stories, raw takes, and behind-the-scenes notes from When Shift Happens: https://www.kevinfollonier.com/crypto-web3-newsletter___________PARTNERS🚀 Jupiter is the most used Decentralized Exchange in Crypto and the largest DEX by volume on Solana: https://jup.ag/💳 KAST lets you manage and spend stablecoins or crypto with a Visa Card or Apple Pay. Live in 100+ countries - Get $20 Signup Bonus - https://go.kast.xyz/VqVO/SHIFT - promo code: SHIFT🔓 Trezor offers the safest cold-storage wallets for crypto and true financial independence. Buy with 10% off - promo code: WSH10 - https://affil.trezor.io/SH12h🌱 Bitwise Asset Management manages $15B+ across 30+ crypto investment products — ETFs, index funds, alpha, staking, and more. https://bitwiseinvestments.com/⚖️ Ethena is a synthetic dollar protocol on Ethereum, offering a crypto-native, non-bank-dependent stablecoin called USDe. It uses a delta-neutral hedging strategy with staked ETH to maintain a $1 peg. https://ethena.fi/🔒Sumsub is the leading full-cycle verification platform for the crypto industry, chosen by 8 out of 10 of the world’s largest exchanges. From instant KYC and KYB to automated crypto transaction monitoring, they help VASPs, exchanges, and DeFi platforms prevent fraud, stay compliant, and scale globally. Download the Sumsub Crypto Industry Report 2026 here: https://sumsub.link/osb♾️ Coinsilium provides vital funding and expert advice to Web3 and AI-powered early-stage technology companies. https://www.coinsilium.comCONNECT WITH RAOUL👇Twitter: https://x.com/RaoulGMILinkedin: https://www.linkedin.com/in/raoul-pal-real-vision/Instagram: https://www.instagram.com/raoulgmiYouTube:  @RaoulPalTJM  GET RAOUL PAL’S FREE REPORT AND PREPARE FOR THE NEXT DECADE: https://rvtv.io/3YOZZUeFOLLOW WHEN SHIFT HAPPENSTwitter (X): https://x.com/KevinWSHPod  Instagram:  https://www.instagram.com/kevinfollonier_ TikTok: https://www.tiktok.com/@kevinfollonier_Linkedin: https://www.linkedin.com/in/kevinfollonier/Website: https://kevinfollonier.com/DISCLAIMERThe info contained herein is for informational purposes only. Nothing herein shall be construed to be financial, legal, or tax advice. The content of this video is solely the opinions of the speakers who are not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speakers do not guarantee any particular outcome.0:00 Introduction2:00 Traveling Non-Stop & Kast Card Discussion5:00 What Raoul’s Been Up To The Past 4 Months7:24 Why The Stock Market Never Ceases To Grow10:33 What Is The Economic Singularity?15:03 Partnerships: @Trezor @BitwiseInvest15:49 Is It Still Early To Invest In AI?17:44 Is Crypto Superior To AI Investment Wise19:38 Crypto’s Reasons For Going Up Forever22:54 Bitcoin Going From $126k - $60k Is A Nasty Correction28:35 Why Raoul Started Buying Zcash30:12 What Are The Left & Right Curve Trades?30:47 Partnerships: @KASTxyz @sumsub32:12 How Raoul Thinks About Allocation With Zcash32:59 Raoul’s Thoughts On Hyperliquid & Hype Token41:13 How To Measure Intelligence For Layer Ones45:56 Why DeFi Isn’t Dead According To Raoul51:09 How Do You Structure An NFT Portfolio?56:04 Partnerships: @JupiterExchange @Ethena56:47 Should People Only Focus On The Top Grail NFTs59:35 Raoul’s Plan To Lend Against NFTs1:00:44 Is Bitcoin A Proxy Trade For AI1:02:05 Why You Should Never Sell Unless You Have To1:04:33 The Numbers Behind Buying & Holding vs Trading1:10:47 Raoul’s Advice On Developing Patience1:14:55 Why People Should Stay In Crypto1:17:06 Why There’s Hope For Crypto In 2026 & 20271:22:35 Closing Thoughts