Bitcoin Has a Bigger Problem Than You Think | TAP Protocol Updates Interview w/ Benny | TBR #319

Original author：The Block Runner

Original source：https://www.youtube.com/embed/nnbyRj4zYAM

Benny from Tap protocol and Trac network joined us for a deep conversation about what has actually changed across the TAP and Trac ecosystem over the last year and why those changes matter more now than they might have when the broader market was still half-asleep. We start with the infrastructure most people never notice until it suddenly matters: the bridge, the AMM, the Trac wallet, and the newer TAP protocol upgrade that opens the door to more native programmability without forcing everything into heavier, messier execution models. Benny explains how the latest changes are not just incremental tooling updates, but the kind of base-layer improvements that make more serious applications possible on top. From there we dig into the new cross-dex on TapScope and why it is more important than a simple trading feature. The bigger point is that TAP is getting closer to supporting the kinds of actions people actually want to coordinate across chains: trading, staking, yield, stable access, and more complex interactions that still stay relatively efficient. That matters because the conversation around Bitcoin-adjacent innovation usually gets trapped between two extremes: people either want hard protocol changes or they assume anything useful has to live somewhere else entirely. What Benny lays out is a path where meta-protocol design can do more than most people think, especially when it is built with real usage constraints in mind. The second half of the episode turns back to NAT and the Bitcoin miner thesis that has slowly gone from a weird experiment to something a lot harder to dismiss. We revisit why we redirected NAT emissions to miners in the first place, how that decision exposed the deeper problem of Bitcoin's declining subsidy, and why the market response mattered so much once real miners started moving the token. The important signal was never just price. It was the fact that major mining pools engaged with the asset at all, and that the engagement kept compounding instead of fading out after the first headline moment. That is what turned NAT from a clever idea into a live economic argument. We also spend time on the founder side of all this: how you build infrastructure before the market is ready, how you showcase new rails without faking momentum, and why products like NAT.FUN matter even when the first launch is imperfect. Benny makes the OpenSea comparison for a reason. A lot of the most important infrastructure looks early, underused, or even mistimed right before the narrative catches up to it. The hard part is surviving that awkward phase long enough to still be standing when people come back looking for what changed. That is really the throughline here. The edge is not just having a theory about where crypto, Bitcoin, NFTs, or creator platforms might go next. The edge is building the rails before the crowd agrees they are needed, then refining them through real usage instead of sponsored noise. If Bitcoin's incentive structure keeps getting stress-tested, if creator economies keep looking for better primitives, and if capital rotates back into crypto searching for fresh narratives, the projects that stayed busy during the quiet period are the ones most likely to matter when attention returns. Links in video: Tap CrossDEX: https://crossdex.tapscope.io/ First interview with Benny: https://youtu.be/PFJyHrz-IvY 2nd interview with Benny: https://youtu.be/gt9bckRzqU8 TapScope X: https://x.com/TAP_scope Join the Telegram for daily $NAT updates: https://t.me/dmt_nat Full $NAT paper here: https://natgmi.com/natpaper Website & Newsletter: https://www.theblockrunner.com/ Follow us on all your favorite platforms: https://linktr.ee/theblockrunner For our Audio listeners: : http://bit.ly/ThBlkRnr Spotify: http://bit.ly/TBlockR Stitcher: http://bit.ly/TheBlockRnr End Music by Twitter: @Nat_Thom_ Youtube: https://t.co/Ou22RD8wlJ?amp=1 Please LIKE & SUBSCRIBE to support us! Disclaimer The views and opinions expressed by The Block Runner are for informational purposes only and do not constitute financial, investment, or other advice. 0:00 Benny returns and the TapTrack catch-up 1:42 NAT redirect and what changed since last year 3:08 The AMM, bridge, and why DMTNet adoption changed 6:40 The new TAP upgrade and TapScope cross-dex 10:09 Why NAT was redirected to Bitcoin miners 11:52 Bitcoin's declining subsidy problem 14:50 How many major miners now support NAT 18:22 NAT as Bitcoin's potential second subsidy 28:18 New rails for staking, AMMs, and cross-chain apps 30:27 How Benny decides what to build next 33:52 The OpenSea lesson: build before the market is ready 35:19 NAT.FUN as a showcase for new crypto rails 41:27 Tim Sweeney, Team Open, and reviving NFTs #blockrunner #nat #tap #bitcoin #opensea #nft #dmt #natfun #nattoken #natdmt