03 Miguel

The episode explores Miguel's involvement in the Constitution DAO, a project aiming to purchase the U.S. Constitution. Miguel, a 19-year-old "maker" from Spain, recounts how a joke about buying the Constitution evolved into a serious endeavor fueled by internet humor and a desire to showcase the potential of crypto beyond financial speculation. He describes the initial "shitposting" phase, the rapid growth of their online community, and the surprising transition into project management. Despite ultimately losing the auction, Miguel expresses satisfaction with the project's success in educating and onboarding people into crypto, viewing it as a positive example of the technology's capabilities beyond monetary gains. He contrasts the exploratory nature of Web3 development with the perceived limitations of Web2, emphasizing the opportunity to shape the public's perception of crypto through impactful projects.