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TitreDateDurée
How the Stablecoin Milkshake will Redollarize the World | Brent Johnson05 Jan 202600:55:58
Brent Johnson returns to Bankless to update the Dollar Milkshake Theory and explain why the de-dollarization narrative misses the bigger trend. He argues markets may want out of the dollar, but the Eurodollar system keeps pulling demand back in, and “dollar down” headlines do not break the framework. Brent also covers how debt stress can spill into political instability, why stablecoins and the GENIUS Act could accelerate re-dollarization, and what this means for monetary sovereignty. We close with China’s counter-strategy and how Brent thinks about positioning from here. --- 📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24 https://bankless.cc/spotify-premium --- 👑BANKLESS PREMIUM | AD-FREE & BONUS EPISODES https://bankless.cc/spotify-premium 🎯THE DEFI REPORT | ONCHAIN INSIGHTS https://bankless.cc/the-defi-report 💰ICO WATCH | UPCOMING PUBLIC TOKEN SALES https://bankless.cc/ico-watch --- TIMESTAMPS 0:00 Intro 1:20 De-Dollarizing vs Re-Dollarizing: Milkshake Recap 4:18 What a Sovereign Debt Crisis Actually Means 5:45 Central Banks as “Professional Can-Kickers” 8:56 Can They Slowly Let the Air Out? 11:03 Can AI Productivity Save the System? 13:06 2025 Setup: The Narrative for Dedollarization 18:06 BRICS: Conference Talk vs Structural Reality 23:37 Store of Value vs Medium of Exchange 34:24 “Crisis = Dollar Up” (and the April Exception) 39:06 Stablecoin Redollarization and the GENIUS Act 47:20 Monetary Sovereignty, Faster Bank Runs, Faster Dollarization 52:34 China’s Response: Two Currency Stacks 54:21 Positioning as an Investor --- RESOURCES Brent Johnson https://x.com/SantiagoAuFund The Dollar Milkshake Theory https://research.santiagocapital.com/p/the-dollar-milkshake --- Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures
ROLLUP: Silver Parabolic | Aave Civil War | Uniswap Unifies | New CFTC Chair | Bitcoin vs. Quantum02 Jan 202601:04:11
Crypto is maturing while attention moves elsewhere. In this Weekly Rollup, David Hoffman and Anthony Sassano break down silver, gold, and the S&P hitting new highs, the Aave civil war over control and fees, Uniswap’s unification win, a new pro crypto CFTC chair, and why quantum computing may be Bitcoin’s biggest long term risk. --- BANKLESS SPONSOR TOOLS: 👑BANKLESS PREMIUM | AD-FREE & BONUS EPISODES https://bankless.cc/spotify-premium 🎯THE DEFI REPORT | ONCHAIN INSIGHTS https://bankless.cc/the-defi-report 💰ICO WATCH | UPCOMING PUBLIC TOKEN SALES https://bankless.cc/ico-watch --- TIMESTAMPS & RESOURCES 0:00 Intro 1:25 2025 & 2026  6:47 Markets  https://finance.yahoo.com/news/silver-10x-d-p-500-145100823.html https://x.com/KobeissiLetter/status/2003514479649390697 https://x.com/WatcherGuru/status/2003611075116433413 https://x.com/WatcherGuru/status/2003573927407440012 https://x.com/PeterSchiff/status/2004364997401760040 https://x.com/matthew_sigel/status/2006002866507690243 https://x.com/Cointelegraph/status/2006078375924793591 https://x.com/Mrcryptoxwhale/status/2005388225482031317 16:50 Is Aave in a civil war? https://x.com/obsrvgmi/status/2003089533995471074 https://x.com/aave/status/1996591393817473247 https://governance.aave.com/t/aave-cowswap-integration-tokenholder-questions/23530 https://governance.aave.com/t/arfc-aave-token-alignment-phase-1-ownership/23616 https://x.com/StaniKulechov/status/2002933974969315561 https://snapshot.org/#/s:aavedao.eth/proposal/0xbc606159ddeae0184c2086055637d3f357351ec0adc4c9f4150751bc41918eba https://x.com/Marczeller/status/2004494332359741859 https://x.com/StaniKulechov/status/2004503414705643866 https://www.coingecko.com/en/coins/aave 29:55 Uniswap UNIfication  https://x.com/haydenzadams/status/2005306028506923234 https://vote.uniswapfoundation.org/proposals/93 41:36 Michael Selig is the new CFTC Chairman https://x.com/cointelegraph/status/2001834127696249077 https://x.com/MichaelSelig/status/2003090594508214534 https://youtube.com/live/fPdqwebmJzE https://youtube.com/live/yIKRSDhAf4A 48:39 Nic Carter says, Quantum is the biggest risk to Bitcoin https://murmurationstwo.substack.com/p/bitcoin-and-the-quantum-problem-part https://x.com/adam3us/status/2002049157662753197 https://x.com/Pledditor/status/2001896737775194208 https://x.com/Fiskantes/status/2002005763343184156 https://x.com/caprioleio/status/2001990974940274921 https://larryswedroe.substack.com/p/the-quantum-computing-threat-to-financial 1:02:11 Anthony’s 2026 Excitement 1:03:31 Closing & Disclaimers --- Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures
10 Crypto Predictions for 2026: $1M BTC, Wall Street Onchain & ETF Takeover | Matt Hougan & Ryan Rasmussen from Bitwise16 Dec 202501:14:52
Bitwise’s Matt Hougan and Ryan Rasmussen return with 10 big predictions for 2026. From the case for $1M BTC (and why the classic four-year cycle may be dead) to a world where ETFs soak up more than 100% of new BTC/ETH/SOL supply. We get into Bitcoin volatility vs. mega-cap tech, crypto equities vs. tech equities, and why Polymarket could smash past its 2024 election-era highs. Plus: stablecoins as an “escape valve” that emerging economies may blame for currency stress, on-chain also known as “ETFs 2.0,” and how the Clarity Act could be the starter’s gun for ETH and SOL to run. ------ 📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24  https://bankless.cc/spotify-premium ------ BANKLESS SPONSOR TOOLS: 🔵COINBASE | ETH & BTC BACKED LOANS https://bankless.cc/coinbase-borrow 🪙FRAXNET | MINT, REDEEM, & EARN https://bankless.cc/fraxnet 🦄UNISWAP | CONTINUOUS CLEARING AUCTIONS https://bankless.cc/uniswap-cca 🛞MANTLE | GLOBAL HACKATHON 2025 https://bankless.cc/mantle-hackathon 💤EIGHT SLEEP | IMPROVE YOUR SLEEP https://bankless.cc/eight-sleep 💤EIGHT SLEEP | IMPROVE YOUR SLEEP https://bankless.cc/eight-sleep ------ TIMESTAMPS 0:00 Last Year Predictions 13:12 1. Bitcoin Breaks 4-Year Cycle 16:19 2. BTC Less Volatile Than NVDA 22:09 3. ETFs Purchasing New Supply of Crypto 30:02 4. Crypto Equities Outperforming Equities 37:23 5. Prediction Markets All-Time Highs 42:50 6. Stablecons Destabilizing Currencies 48:16 7. Onchain Vaults Doubling in AUM 52:56 8. Clarity Act Triggering ETH & Sol All-Time Highs 56:40 9. Ivy League Endowments Investing in Crypto 58:49 10. 100+ Crypto ETPs Launching 1:01:14 Bitwise Announcement 1:04:08 Bonus. Bitcoin Equity Correlation Falling 1:07:29 Progress in 2025 1:10:48 Cross-Generational Wealth Transfer? 1:13:02 Closing Thoughts & Disclaimers ------ RESOURCES Matt Hougan https://x.com/Matt_Hougan  Ryan Rasmussen https://x.com/RasterlyRock  Bitwise https://bitwiseinvestments.com/  ------ Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures⁠
Ethereum's Strategy to Win Over Wall Street | Joe Lubin & Danny Ryan08 Jul 202500:38:13
Recorded live at the Permissionless IV conference, this conversation dives into Ethereum’s strategy to win over Wall Street. Danny Ryan discusses how Etherealize is advising financial institutions to leverage Ethereum’s decentralization, resilience, and credible neutrality, while Joe Lubin explains why ConsenSys is taking a direct approach by accumulating ETH on Sharplink Gaming’s balance sheet, similar to MicroStrategy with Bitcoin. Together, they unpack Ethereum’s strengths, institutional adoption strategies, and what it will take for Ethereum to become the foundation of the next-generation financial system. ------ 📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24 https://bankless.cc/spotify-premium ------ BANKLESS SPONSOR TOOLS: 🪙FRAX | SELF SUFFICIENT DeFi https://bankless.cc/Frax 🦄UNISWAP | SWAP ON UNICHAIN https://bankless.cc/unichain 🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle 🟠 BINANCE | THE WORLDS #1 CRYPTO EXCHANGE https://bankless.cc/binance ------ TIMESTAMPS 0:00 Intro 3:11 Ethereum's Evolution & Challenges 7:54 Regulatory Tensions & SEC Scrutiny 11:02 Ethereum's Resilience Against Regulation 14:47 Bridging TradFi & Decentralization 16:06 Institutional Adoption of Ethereum 17:19 Ethereum's Path Forward 21:51 Building for the Future 23:40 The Call for Problem Solving 24:41 Ethereum's Leadership Dynamics 33:25 Taking Ethereum to Wall Street 35:17 The Future of SBET & Ether ------ RESOURCES Joe Lubin https://x.com/ethereumjoseph Danny Ryan https://x.com/dannyryan Permissionless IV https://blockworks.co/event/permissionless ------ Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures⁠
EIP1559 Expert Panel | Tim Beiko, Hasu, Micah Zoltu, Barnabe Monnot, Matt (LightClients)04 Aug 202101:49:40

The time has come. With the London Fork just around the corner, the much anticipated EIP-1559 will be implemented. This fundamentally changes the relationship among miners, users, and gas.

This panel, moderated by Ethereum core developer Tim Beiko, is set to discuss the macro and micro shifts to the ecosystem. We've talked about this a lot on Bankless, so it's time to hear from experts around the community about this massive turning point.

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------

Topics Covered:

0:00 Intro
8:00 Understanding EIP 1559
ETH Research post: https://ethresear.ch/t/first-and-second-price-auctions-and-improved-transaction-fee-markets/2410
20:34 Changing Metrics
26:21 Improving User Experience
Micah’s article: https://medium.com/coinmonks/a-tale-of-two-pricing-schemes-dc9c8717906
33:45 Advice for Smart Contract Devs
JSON RPC Changes: https://hackmd.io/@timbeiko/1559-json-rpc
42:30 Miners, Burning Fees, and MEV
53:52 Clarifying MEV and Gas Prices
57:00 EIP 1559 on Geth
1:04:44 Hasu's Turning Point on ETH
1:11:11 David & Ryan ask Community Questions
1:15:51 Fifteen Fifty-Nine
1:19:40 Old Transactions in a New Paradigm
1:22:00 Stuck & Pending Transactions
1:24:16 Changing Monetary Policy
1:36:01 Manipulating Block Size
1:39:58 Discussing Timelines
1:47:25 Closing & Disclaimers

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Resources:

Tim Beiko on Twitter:
https://twitter.com/TimBeiko?s=20 

Barnabe Monnot on Twitter:
https://twitter.com/barnabemonnot?s=20 

Hasu on Twitter:
https://twitter.com/hasufl?s=20 

Lightclients on Twitter:
https://twitter.com/lightclients?s=20 

Micah Zoltu on Twitter:
https://twitter.com/MicahZoltu?s=20 

-----
Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures 

76 - Inflation in 2021 | Lyn Alden02 Aug 202101:50:32

Lyn Alden returns to the podcast, this time to discuss Inflation. Founder of Lyn Alden Investments, we keep coming back to Lyn because of her sharp analysis and compelling macro takes.

We explore the three types of inflation, how they intersect and affect one another, and what this means for the global outlook of crypto and society.

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Topics Covered:

0:00 Intro
6:00 Lyn Alden & Overview
10:08 Fiscal Policies & COVID
19:02 3 Types of Inflation
27:22 Ordering & Measuring
32:50 The Long Arc of History
40:57 Transitory or Permanent?
49:22 Wages vs Assets
56:08 The Effects of Inflation
1:00:00 Winners and Losers
1:09:40 A Global Perspective
1:16:40 The Death of Dollar Dominance
1:23:03 Multi-Polar Reserve Currency
1:27:50 COVID Delta Variant
1:32:57 Where Crypto Comes In
1:39:12 Ethereum & The Bull Market
1:45:34 Advice for Listeners
1:48:34 Closing & Disclaimers

------
Resources:

Lyn on Twitter:
https://twitter.com/LynAldenContact?s=20 

Lyn's Website & Newsletter:
https://www.lynalden.com/ 

-----
Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures 

ROLLUP: Uniswap Front-End | Elizabeth Warren Shadowy Super Coders | COVID-19 Crypto | FTX & Binance30 Jul 202101:54:14

4th Week of July 2021

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------
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------

Topics Covered

0:00 Intro
5:36 EIP 1559 and other PSAs

10:55 MARKETS
11:05 BTC Price
Shorts: https://twitter.com/woonomic/status/1419621135373701123?s=20 
14:02 ETH Price
14:42 BTC/ETH Ratio
15:34 DeFi Action
17:33 The BED Index
https://www.indexcoop.com/bed 
Pancake: https://twitter.com/xofee3/status/1419631884846387200?s=21 
23:23 Axie Hasn’t Stopped
https://www.coingecko.com/en/coins/axie-infinity 
25:21 Optimism Revenue
https://twitter.com/tokenterminal/status/1420053733052932097?s=21 
26:06 Crypto Fees
https://cryptofees.info/ 
27:00 1 in 10 Invested
https://www.marketwatch.com/story/more-than-1-in-10-americans-invested-in-crypto-this-year-heres-how-they-differ-from-stock-market-investors-11626980261 

29:00 RELEASES
30:55 Ultra Sound Summer
https://twitter.com/BanklessHQ/status/1418660235393130502?s=20 
34:00 Polygon $100M Gaming Fund
https://twitter.com/_PolygonStudios/status/1417200733703720991 
36:15 Aave Arc
https://twitter.com/HsakaTrades/status/1418276172396306432?s=20 
38:45 Fractional NFTs
https://twitter.com/fractional_art/status/1419696688302854146?s=20 
41:22 Binance & Polygon
https://twitter.com/MihailoBjelic/status/1420328228795846658 
42:55 Etherscan ‘Blockscan’ Upgrade 
https://twitter.com/etherscan/status/1419985650632122369 
44:45 Rabby Wallet
https://medium.com/@rabby_io/rabby-release-announcement-564406988e2b 
47:00 Lyra DAO
https://blog.lyra.finance/lyra-dao-raises-3-3m/ 
49:27 Fireblocks $310M
https://cointelegraph.com/news/blockchain-unicorn-fireblocks-raises-310m 
50:33 Crypto Jobs
https://pallet.xyz/list/bankless/jobs 

52:10 NEWS
52:20 PayPal Super App
https://cointelegraph.com/news/paypal-s-crypto-super-app-set-to-roll-out-soon 
56:10 Amazon Hiring
https://www.amazon.jobs/en/jobs/1644513/digital-currency-and-blockchain-product-lead 
57:10 Jack ETH Troll
https://twitter.com/jack/status/1418344349289566212?s=21 
Community: https://twitter.com/coingecko/status/1418406317903863809?s=20 
1:00:35 Uniswap Front End
https://uniswap.org/blog/token-access-app/ 
2019: https://newsletter.banklesshq.com/p/unstoppable-liquidity-market-monday-8d6 
1:08:14 Reddit on Arbitrum
https://twitter.com/arbitrum/status/1418260889698983936?s=20 
1:11:50 Media’s Behind
https://twitter.com/wongisrite/status/1419790042537496581?s=20 
1:13:40 BitGo & Index Coop
https://blockworks.co/bitgo-and-index-coop-partner-to-build-blue-chip-experience-for-defi-investment/ 
1:15:05 Shopify NFTs
https://www.coindesk.com/shopify-to-allow-merchants-to-sell-nfts-directly-through-their-stores 
1:22:25 Stonercats
https://www.coindesk.com/vitalik-buterin-joins-cast-of-stoner-cats-mila-kunis-new-animated-nft-show 
1:24:50 Coca-Cola NFTs
https://www.theblockcrypto.com/post/112779/coca-cola-creates-its-first-collection-of-brand-inspired-nfts 
1:25:29 Pplpleasr Fortune Magazine
https://twitter.com/pplpleasr1/status/1420780214175555585 
1:26:53 Elizabeth Warren, Shadowy Super Coders
https://decrypt.co/76997/elizabeth-warren-crypto-big-banks-shadowy-super-coders 
Letter: https://www.warren.senate.gov/imo/media/doc/FSOC%20Crypto%20Letter%2007.26.2021.pdf 
1:31:30 Infrastructure Bill
https://www.theblockcrypto.com/linked/112877/white-house-says-crypto-tax-enforcement-will-help-pay-for-bipartisan-infrastructure-deal 
Meme: https://twitter.com/sassal0x/status/1420769026804912131?s=20 
Coin Center: https://twitter.com/jerrybrito/status/1420724068286926853?s=20 
1:35:14 News Quick Takes
1:37:30 Goldman Sachs DeFi ETF
https://www.coindesk.com/goldman-sachs-applies-for-defi-etf 

1:40:00 TAKES
1:41:00 Facebook Metaverse
https://twitter.com/ClaireSilver12/status/1418268267483996168 
1:43:38 Regulatory Own Goal
https://twitter.com/runekek/status/1419388578585513985?s=21 
1:45:45 Gaming is Next
https://twitter.com/tokenterminal/status/1418699352521035779?s=20 
1:46:43 ETH vs. Commodities
https://twitter.com/sassal0x/status/1419942343608729601?s=20 

1:47:49 What David’s Excited About
1:48:30 What Ryan’s Excited About

1:50:38 MEME of the Week
https://twitter.com/BanklessHQ/status/1418368850052096003?s=20 

-----
Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures 

Fractional | AMA with Andy805229 Jul 202101:05:40

NFTs have exploded in 2021, but many coveted pieces are far out of the price range of average DeFi citizens. Enter Fractional, the new protocol for buying, selling, and minting fractions of NFTs.

This breaks apart NFTs and allows anyone to unlock NFT liquidity and open the door for community involvement. To detail this step forward in crypto culture, we bring on Fractional lead dev @Andy8052 for a Live AMA.

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------
📣 SMARTCON | Register for Smart Contract Summit 2021!
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------

Resources:

Andy on Twitter
https://twitter.com/andy8052?s=20


Fractional
https://fractional.art/


------
Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures

 

Building A Decentralized Blackrock | Index Coop (SotN 7/27)28 Jul 202101:25:09

Index Coop is a DAO focused on making fully decentralized crypto index products, like the DPI (DeFi Pulse Index). Recently, the Index Coop teamed up with Bankless DAO to launch the BED Index: 1/3 Bitcoin, 1/3 Ether, and 1/3 DPI.

Products like these make it easier than ever to get some skin in the game, so Do Your Own Research, and learn why the future of finance is decentralized. For this week's State of the Nation, we bring on four core contributors of Index Coop to walk us through it.

Live on Tuesday at 11am PST / 2pm EST!

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🔐 LEDGER | SECURE YOUR ASSETS
https://bankless.cc/Ledger 

🦄 UNISWAP | DECENTRALIZED FUNDING
https://bankless.cc/UniGrants 

------
📣 SMARTCON | Register for Smart Contract Summit 2021!
https://bankless.cc/SmartCon 
------
Resources:

Index Coop:
https://www.indexcoop.com/ 
Announcing the BED Index:
https://medium.com/indexcoop/recommending-crypto-to-friends-family-just-became-10x-easier-ccb57ea1903a 
Verto on Twitter:
https://twitter.com/verto0912?s=20 
BigSky on Twitter:
https://twitter.com/BigSky_7?s=20 
Dark Forest Capital on Twitter:
https://twitter.com/DarkForestCap?s=20 
LemonadeAlpha on Twitter:
https://twitter.com/AlphaLemonade?s=20 

-----
Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures 

75 - The ETHCC Experience | Interviews with Ethereum Community Leaders26 Jul 202102:19:19

Did you miss out on ETHCC? Here's the antidote to your FOMO.

David interviews 9 thought leaders and builders about the conference, Paris, and the broader Ethereum Community.

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https://bankless.cc/SmartCon 
------
Topics Covered:

0:00 Intro
2:00 What is ETHCC?
6:20 The Guests & The Vibe
10:23 The Community & Building
13:55 BTC Miami & ETH CC
20:15 Ethereum Documentary
23:34 Paris, Parties, and Culture

29:00 Vitalik Buterin
32:40 The Magnitude of ETH
39:05 What Vitalik’s Thinking About
42:26 Ethereum’s Social Layer

45:07 Stani Kulechov
48:38 What’s New This Conference?
51:45 Aave Ark (FKA Aave Pro)
54:24 rAAVE
57:12 The Magnitude of Aave

1:00:50 Kain Warwick
1:03:08 What’s Different This Time?
1:06:00 Around the Community

1:10:13 Jerome de Techey
1:15:00 Conferences and Community
1:20:00 What’s Great About ETHCC?

1:24:05 Aya Miyaguchi
1:27:18 The Ethereum Community
1:31:24 The Infinite Garden

1:36:00 Cooper Turley
1:40:09 The ETHCC Vibe

1:42:20 Simona Pop
1:47:40 Status

1:57:22 Joseph Delong
2:00:17 SushiSwap Roadmap

2:04:22 Jordi Baylina
2:08:00 The Hermez Network
2:11:58 Layer 2 vs Sidechain

------
Resources:

Vitalik on Twitter:
https://twitter.com/VitalikButerin?s=20 
Stani on Twitter:
https://twitter.com/StaniKulechov?s=20 
Kain on Twitter:
https://twitter.com/kaiynne?s=20 
Jerome on Twitter:
https://twitter.com/jdetychey?s=20 
Aya on Twitter:
https://twitter.com/AyaMiyagotchi?s=20 
Cooper on Twitter:
https://twitter.com/Cooopahtroopa?s=20 
Simona on Twitter:
https://twitter.com/Sim_Pop?s=20 
Joseph on Twitter:
https://twitter.com/josephdelong?s=20 
Jordi on Twitter:
https://twitter.com/jbaylina?s=20 

-----
Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures 

ROLLUP: ETH CC Paris | BED Index | Elon Musk, Jack Dorsey, Cathie Wood & Bitcoin (3rd Week of July)23 Jul 202101:40:19

3rd Week of July

------
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BANKLESS SPONSOR TOOLS:

⚖️ ARBITRUM | SCALING ETHEREUM
https://bankless.cc/Arbitrum 

🍵 MATCHA | DECENTRALIZED EXCHANGE AGGREGATOR
https://bankless.cc/Matcha 

🔐 LEDGER | SECURE YOUR ASSETS
https://bankless.cc/Ledger 

🦄 UNISWAP | DECENTRALIZED FUNDING
https://bankless.cc/UniGrants 

------
📣 SMARTCON | Register for Smart Contract Summit 2021!
https://bankless.cc/SmartCon 
------

Topics Covered:

0:00 Intro

2:20 MARKETS
2:32 BTC Price
3:20 ETH Price
5:25 Google Search Trends
https://coinmetrics.substack.com/p/coin-metrics-state-of-the-network-7e2 
8:18 Market Cycles
https://twitter.com/LilMoonLambo/status/1417483927132987403?s=20 
11:00 ETH/BTC Ratio
12:20 DeFi Action
13:22 Institutional Demand
Bad: https://cointelegraph.com/news/institutional-demand-for-bitcoin-evaporates-as-btc-struggles-below-31k 
Good: https://blockworks.co/fidelity-71-of-institutional-investors-plan-to-buy-crypto/?oly_enc_id=9918E2523689A0T 
17:00 UNI Token
https://twitter.com/tokenterminal/status/1404045729560150017?s=20 

21:00 RELEASES
22:00 BED Index
https://www.tokensets.com/v2/set/ethereum/0x2aF1dF3AB0ab157e1E2Ad8F88A7D04fbea0c7dc6 
25:07 SushiSwap Trident
https://twitter.com/Blockanalia/status/1417460991940571136?s=20 
Rivalry: https://twitter.com/josephdelong/status/1391083986181525508?s=20 
28:48 ETH Issuance Model
https://twitter.com/RyanSAdams/status/1416022071914729473?s=20 
31:35 Yearn Risk Dashboard
https://twitter.com/bantg/status/1416103246670749698?s=21 
34:15 Grayscale DeFi
https://www.globenewswire.com/news-release/2021/07/19/2264846/0/en/Grayscale-Investments-and-CoinDesk-Indexes-Launch-Decentralized-Finance-DeFi-Fund-and-Index.html 
37:12 OKEx Polygon
https://twitter.com/JayHao8/status/1415214114654224385?s=20 
38:45 Axe DogeSpray
https://twitter.com/AXE/status/1417175117440995328 
40:26 Immutable - IMX
https://twitter.com/Immutable/status/1418032781343428613 
42:11 Visor Finance Raise
https://twitter.com/VisorFinance/status/1417093827295334400?s=20 
43:56 OpenSea Raise
https://twitter.com/theblock__/status/1417462989888835584?s=21 
45:03 FTX Valued at $18B
https://www.wsj.com/articles/crypto-exchange-ftx-valued-at-18-billion-in-funding-round-11626800455 
46:13 Jobs
https://pallet.xyz/list/bankless/jobs 

47:00 NEWS
47:20 The B Word Conference
https://www.theblockcrypto.com/post/112158/elon-musk-says-spacex-owns-bitcoin-and-he-owns-ethereum-in-jack-dorsey-talk 
49:30 ETH Settling $8T
https://twitter.com/RyanSAdams/status/1415737374194249729?s=20 
52:22 Decentralizing Maker
https://blog.makerdao.com/makerdao-has-come-full-circle/ 
Legacy: https://twitter.com/RyanWatkins_/status/1417626182875586563?s=20 
57:29 Infinite Garden Doc
https://twitter.com/ljxie/status/1416202730687717377 
58:38 Masterpiece
https://masterpiece.so/ 
59:18 Jack, BTC, Square
https://cointelegraph.com/news/defi-on-bitcoin-jack-dorsey-launches-new-square-division-to-make-it-easy 
1:01:20 USDC & Mastercard
https://www.circle.com/blog/mastercard-taps-circle-for-usdc-settlement-pilot 
What’s in USDC: https://cointelegraph.com/news/auditors-reveal-usdc-backing-as-jim-cramer-sounds-alarm-over-tether-s-mad-money 
1:04:34 Tether
https://www.coindesk.com/tether-executives-cnbc-tech-check 
1:07:30 New Jersey & BlockFi
https://twitter.com/jchervinsky/status/1417499622319210508?s=20 
1:09:15 Binance Ditching Stock Tokens
https://www.reuters.com/world/china/binance-stops-selling-stock-tokens-after-regulatory-scrutiny-2021-07-16/ 

1:11:00 TAKES
1:12:00 2018 Bear Feels?
https://twitter.com/mrjasonchoi/status/1415988858039062528?s=20 
1:17:45 First New Asset Class
https://twitter.com/QwQiao/status/1417081872467771397?s=20 
1:18:20 Jake’s Concerned
https://twitter.com/jchervinsky/status/1417928217550376960?s=20 
1:20:58 100k Blocks Left
https://twitter.com/preston_vanloon/status/1417551852577624077?s=20 
1:21:47 Deflationary?
https://twitter.com/TimBeiko/status/1415758024321372161 
1:23:53 Vitalik Take
https://pbs.twimg.com/media/E60ss3QWQAAZ3GY?format=jpg&name=large 
1:27:45 David Take
https://twitter.com/trustlessstate/status/1417886459907002376?s=21 

1:29:00 What David’s Excited About
1:31:58 What Ryan’s Excited About

1:34:30 Meme of the Week

-----
Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures 

Introducing ShapeShift DAO | Erik Voorhees (SotN 7/21)21 Jul 202101:11:56

ShapeShift recently announced its plans to evolve into a community-owned, decentralized platform. In addition, they held the largest airdrop in crypto history with over 1 million eligible addresses.

We bring on (former?) CEO Erik Voorhees to discuss the transition, and how it could be paving the way for all legacy corporations. The Future is DAO.

------
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BANKLESS SPONSOR TOOLS:

⚖️ ARBITRUM | SCALING ETHEREUM
https://bankless.cc/Arbitrum 

🍵 MATCHA | DECENTRALIZED EXCHANGE AGGREGATOR
https://bankless.cc/Matcha 

 🔐 LEDGER | SECURE YOUR ASSETS
https://bankless.cc/Ledger 

🦄 UNISWAP | DECENTRALIZED FUNDING
https://bankless.cc/UniGrants 

  ------
📣 SMARTCON | Register for Smart Contract Summit 2021!
https://bankless.cc/SmartCon 
------

Topics Covered:

0:00 Intro
8:00 Erik Voorhees & ShapeShift
11:54 The History of ShapeShift
21:04 DAO-ifying
27:10 The Model for Shape-Shifting
32:53 How to DAO
41:06 The FOX Token
47:25 The DAO Launch
52:35 The Regulation Threat
58:40 The Industry Overview
1:05:35 What Erik’s Excited About
1:08:10 A Word for First Cyclers
1:10:34 Closing & Disclaimers

------
Resources:

Erik on Twitter:
https://twitter.com/ErikVoorhees?s=20 
FOX Airdrop:
https://fox.shapeshift.com/airdrop 
ShapeShift Discord:
https://discordapp.com/invite/dVVkMhb 

-----
Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures 

74 - The History of Electronic Markets | Tarun Chitra19 Jul 202102:13:19

Tarun Chitra is co-founder of Gauntlet, a financial modeling platform for crypto. Tarun is a thought leader in the space and is an expert in a variety of topics surrounding DeFi.

This week, we discuss the history of electronic markets, and how we’re in the third wave of this phenomenon.

Get this episode's exclusive debrief! 👀
https://shows.banklesshq.com/p/exclusive-debrief-the-history-of 

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⚖️ ARBITRUM | SCALING ETHEREUM
https://bankless.cc/Arbitrum 

🍵 MATCHA | DECENTRALIZED EXCHANGE AGGREGATOR
https://bankless.cc/Matcha 

🔐 LEDGER | SECURE YOUR ASSETS
https://bankless.cc/Ledger 

🦄 UNISWAP | DECENTRALIZED FUNDING
https://bankless.cc/UniGrants 

------
📣 SMARTCON | Register for Smart Contract Summit 2021!
https://bankless.cc/SmartCon 
------

Bankless Podcast #74: The History of Electronic Markets
Guest: Tarun Chitra

We’re all familiar the image of traders in the pits of the New York Stock Exchange, holding up tickets and shouting out orders to one another. This is the backdrop for Electronic Markets 1.0, when ‘open outcry’ was the norm for the exchange of equities. When internet technology first emerged, it was brought to these markets, such that geographically distinct markets were fused by the instant communication of prices, bids, and offers.

New technologies come quickly to the markets, giving an advantage to those who adopt the fastest. Alongside traders and brokers are the technologists, the quants and computer scientists who leveraged their understanding of networks to revolutionize trading. This first wave of electronic markets lasted until the dawn of personal computers, home internet, and E-trade.

This second wave further revolutionized modern exchanges, distributing public access while consolidating liquidity. Synergistic with the dot-com boom, this explosion of retail investing once again turned exchanges on their heads. Look around now, and observe that we are in a third wave of new technologies applied to markets: Electronic Markets 3.0. Catalyzed first by mobile phones and now DeFi, the markets have once again been uprooted and fundamentally changed.

What does this all mean? Where do we go from here? How do we adjust for scaling complex markets? Well, listening to what Tarun Chitra has to say about it isn’t a bad place to start.

------
Topics Covered:

0:00 Intro
7:00 Tarun Chitra
10:40 A History Lesson on Markets
17:45 Patterns in Electronic Markets
20:55 Electronic Markets 1.0
29:09 Options and Removing Lawyers 1.0
38:08 Experimenting and Crashes 1.0
46:19 New Players & Regulation 1.0
52:19 Electronic Markets 2.0
1:00:08 ETFs and Consolidation 2.0
1:14:26 Before and After 2.0
1:23:00 Removing Lawyers 2.0
1:28:00 Electronic Markets 3.0
1:37:40 Experimenting and Crashes 3.0
1:46:07 Removing Lawyers 3.0
1:52:50 New Risks 3.0
2:00:35 Financial Crisis 3.0
2:09:10 Closing & Disclaimers

------
Resources:

Tarun on Twitter
https://twitter.com/tarunchitra?s=20 
Gauntlet Network
https://gauntlet.network/ 
Inside Job: The Looting of America's Savings and Loans
https://www.amazon.com/Inside-Job-Americas-Forbidden-Bookshelf-ebook/dp/B013S42VF6 
More Money Than God: Hedge Funds and the Making of a New Elite
https://www.amazon.com/More-Money-Than-God-Relations/dp/0143119419 
When Genius Failed: The Rise and Fall of Long-Term Capital Management 
https://www.amazon.com/When-Genius-Failed-Long-Term-Management/dp/0375758259 

-----
Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures 

ROLLUP: Optimism, Layer 2 Summer, Axie Infinity, ETH Documentary, Space Jam NFT (2nd Week of July)16 Jul 202101:29:53

2nd Week of July 2021

------
📺 ETH STAKING PANEL:
https://youtu.be/-YD5cAbatOc 

------
BANKLESS SPONSOR TOOLS:

⚖️ ARBITRUM | SCALING ETHEREUM
https://bankless.cc/Arbitrum

🍵 MATCHA | DECENTRALIZED EXCHANGE AGGREGATOR
https://bankless.cc/Matcha

🔐 LEDGER | SECURE YOUR ASSETS
https://bankless.cc/Ledger 

🦄 UNISWAP | DECENTRALIZED FUNDING
https://bankless.cc/UniGrants 

------
📣 SMARTCON | Register for Smart Contract Summit 2021!
https://bankless.cc/SmartCon 

------
Topics Covered:

0:00 Intro

2:50 MARKETS
3:00 BTC Price
Lightning: https://twitter.com/VetleLunde/status/1414935599321124864?s=20 

4:15 ETH Price
Settling $8T: https://twitter.com/RyanSAdams/status/1415364147622170630?s=20 

6:20 ETH/BTC Ratio
7:08 DeFi Action
3M DeFi Users: https://twitter.com/richardchen39/status/1414582943641657344?s=20 

11:15 Axie Price Action
12:55 Value / Volume
https://twitter.com/richardchen39/status/1414950857586749449?s=21 

14:08 DAO Super-Users
https://deepdao.io/#/people 

17:00 RELEASES
18:45 Optimism!
Uniswap: https://twitter.com/TrustlessState/status/1415118864698859524?s=20 

Synthetix: https://blog.synthetix.io/optimism-launch-announcement/ 

25:38 Scaling Frenzy
Hop Protocol: https://twitter.com/HopProtocol/status/1414624873775878148 
Gnosis Safe: https://blog.gnosis.pm/gnosis-safe-is-live-on-layer-2-24adf83f0032 

Coinbase: https://twitter.com/SetProtocol/status/1415023551120355332 

Infura: https://twitter.com/infura_io/status/1414614102618656768 

28:18 Dow Jones Crypto Indices
https://www.prnewswire.com/news-releases/sp-dow-jones-indices-launches-sp-cryptocurrency-broad-digital-market-index-301332698.html 

30:10 Nifty Island
https://twitter.com/Nifty_Island/status/1414982521377411075 

31:25 Ultra Sound Money
https://ultrasound.money/ 

33:15 Ethereum Documentary
https://twitter.com/ethereumfilm/status/1415376113170141184?s=21
 
34:36 Raises
Superfluid: https://twitter.com/superfluid_hq/status/1414937101745983491?s=21 

Connext: https://twitter.com/theblock__/status/1414933542006624256?s=21 

Blocknative: https://twitter.com/blocknative/status/1415344313920200706?s=20 

Phantom: https://www.theblockcrypto.com/post/111249/defi-wallet-solana-phantom-9-million-series-a-a16z 

39:20 JOBS
https://pallet.xyz/list/bankless/jobs 

40:15 NEWS
40:25 Uniswap DeFi Education Fund
https://www.theblockcrypto.com/post/111185/harvard-law-blockchain-initiative-uniswap-dao 

Cobie: https://gov.uniswap.org/t/proposal-removal-of-established-cranial-follicles-fund/13314/3 

46:23 Brazil ETH ETF
https://twitter.com/Blockworks_/status/1415099592308400128?s=20 

47:44 New Aave
https://twitter.com/StaniKulechov/status/1415308052400594953?s=20 

48:04 ShapeShift DAO
https://twitter.com/coindesk/status/1415325952272437249?s=21 
50:45 Amex NFTs

https://www.americanbanker.com/news/american-express-turns-nfts-into-a-credit-card-perk 

51:45 Space Jam NFTs
https://twitter.com/JordanLyall/status/1414658019275644931?s=20 

52:25 Jack Dorsey Hardware Wallets
https://www.theblockcrypto.com/post/110916/jack-dorsey-square-bitcoin-hardware-wallet 

53:10 Bullish SPAC
https://www.theblockcrypto.com/linked/110950/former-nyse-president-to-take-crypto-exchange-bullish-public-via-spac 

55:02 Fidelity Hiring
https://www.theblockcrypto.com/linked/111066/fidelity-digital-assets-hire-70-percent-more-employees-institutional-interest-crypto 

55:55 Inflation
https://twitter.com/LynAldenContact/status/1414948397233082372?s=20 

59:05 Banks vs Fintech
https://thefr.com/fintech-news-in-brief/regulation-and-compliance-fintech-news 

1:00:40 Quick News
Alchemix: https://twitter.com/AlchemixFi/status/1414647769470443521 

Binance: https://www.theblockcrypto.com/post/111482/italy-binance-consob-warning 

Bitcoin Miners: https://www.theblockcrypto.com/linked/111462/bit-digital-14500-bitcoin-miners-us-china-crackdown 

Metamask: https://twitter.com/MetaMask/status/1415390962826850309?s=20 

1:04:00 TAKES
1:04:45 Jackson Palmer
https://twitter.com/ummjackson/status/1415353984617914370?s=20 

1:17:30 FTX Acquiring the World
https://twitter.com/ft/status/1415075101205319689?s=21 

1:20:15 One Paycheck Away
https://twitter.com/TrustlessState/status/1415439010952925186?s=20 

1:20:35 What David’s Excited About
1:21:55 What Ryan’s Excited About

1:25:03 Meme of the Week
https://twitter.com/BanklessHQ/status/1415476264840744960?s=20 

1:26:55 Moment of Zen
https://twitter.com/ben_chain/status/1414360342856011777?s=21 

-----
Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures 

Inside Cathie Wood’s Trillion-Dollar Bets: AI, Musk, Robots & Crypto07 Jul 202501:37:32
Cathie Wood is placing some of the boldest bets in investing history, spanning AI, robotaxis, brain chips, crypto, and even space. In this episode of Bankless, the ARK Invest CEO joins Chief Futurist Brett Winton to break down her five highest-conviction technologies - opportunities she believes could unlock over $20 trillion in enterprise value. You’ll hear why Elon Musk’s empire is at the center of it all, how Tesla’s robotaxis could become the biggest AI project on Earth, and why Neuralink, Starship, and stablecoins are converging to spark a new era of productivity and exponential growth. This isn’t just tech optimism - it’s Cathie Wood’s vision for the future of innovation. --- 📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24 https://bankless.cc/spotify-premium --- BANKLESS SPONSOR TOOLS: 🪙FRAX | SELF SUFFICIENT DeFi https://bankless.cc/Frax 🦄UNISWAP | SWAP ON UNICHAIN https://bankless.cc/unichain 🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle 🟠BINANCE | THE WORLDS #1 CRYPTO EXCHANGE https://bankless.cc/binance --- TIMESTAMPS 0:00 Intro 5:05 Elon Musk and the Data Flywheel 11:57 The Power of Wright’s Law 19:27 Forecasting AI’s Trillion-Dollar Impact 23:35 Why ARK Owns xAI, OpenAI, and Anthropic 29:04 Google and Apple’s AI Blindspots 35:52 Why X Merged with xAI 44:15 Robotaxis: The Biggest AI Project on Earth 52:02 Robo GDP: AI’s Real-World Economic Boost 55:31 Tesla’s Scaling Advantage 1:01:27 The Humanoid Opportunity 1:10:42 Neuralink: AI, Enhanced 1:15:34 Starlink & SpaceX: The $2.5T Bet 1:22:01 Crypto’s Stablecoin Supercycle 1:33:18 Macro & Trump’s Strategy --- RESOURCES Cathie Wood https://x.com/CathieDWood Brett Winton https://x.com/wintonARK Ark’s SpaceX Report https://www.ark-invest.com/articles/valuation-models/ark-expected-value-spacex-2030 --- Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures
ETH Staking Panel | Coinbase, Lido, Rocket Pool15 Jul 202101:28:15

ETH Staking Panelists:
Darren Langley (Rocket Pool)
Vasiliy Shapovalov (Lido)
Ejaaz Ahamadeen (Coinbase)

With Ethereum's switch to Proof-of-Stake around the corner, a full spectrum of staking options has emerged. Many who want to participate will not be able to run their own self-custodied 24/7 validator node, and not everyone has the required 32 ETH. For these folks, Staking-as-a-Service allows broader participation in the PoS consensus mechanism.

To discuss this, team members from Coinbase, Lido, and Rocket Pool come together in this panel to explore their approaches to the world of ETH staking!

------
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👻 AAVE | LEND & BORROW ASSETS
https://bankless.cc/aave 

🦄 UNISWAP | DECENTRALIZED FUNDING
http://bankless.cc/uniswap 
-----

Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures 

ETH Staking Panel | Coinbase, Lido, Rocket Pool15 Jul 202101:28:15

ETH Staking Panelists:


Darren Langley (Rocket Pool)
Vasiliy Shapovalov (Lido)
Ejaaz Ahamadeen (Coinbase)

-----
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http://bankless.cc/unigrants 

------
📣 KYBER | Liquidity mine with Rainmaker
https://bankless.cc/kyber 

------

With Ethereum's switch to Proof-of-Stake around the corner, a full spectrum of staking options has emerged. Many who want to participate will not be able to run their own self-custodied 24/7 validator node, and not everyone has the required 32 ETH. For these folks, Staking-as-a-Service allows broader participation in the PoS consensus mechanism.

To discuss this, team members from Coinbase, Lido, and Rocket Pool come together in this panel to explore their approaches to the world of ETH staking!

------

Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures 

The Rise of Axie Infinity | Jeff 'Jiho' Zirlin (SotN 7/13)14 Jul 202101:21:40

Axie Infinity has exploded into the mainstream in 2021. Is it just a game? Is it an economy? What does Play-to-Earn mean?

Join David and Ryan as they explore the world of Axie Infinity!

------
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BANKLESS SPONSOR TOOLS:

💰 GEMINI | FIAT & CRYPTO EXCHANGE
https://bankless.cc/go-gemini 

🔀 BALANCER | EXCHANGE & POOL ASSETS
https://bankless.cc/balancer 

👻 AAVE | LEND & BORROW ASSETS
https://bankless.cc/aave 

🦄 UNISWAP | DECENTRALIZED FUNDING
http://bankless.cc/uniswap 
------

Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures 

73 - Building a $500M DeFi Fund | Arthur0x12 Jul 202101:36:27

Arthur_0x is a massively successful investor in DeFi, and leads DeFiance Capital. His story is fascinating, as are his takes on the ecosystem and the crypto space from a global perspective.

GET THIS EPISODE'S EXCLUSIVE DEBRIEF:
https://shows.banklesshq.com/p/exclusive-debrief-building-a-500m 

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BANKLESS SPONSOR TOOLS:

💰 GEMINI | FIAT & CRYPTO EXCHANGE
https://bankless.cc/go-gemini 

🔀 BALANCER | EXCHANGE & POOL ASSETS
https://bankless.cc/balancer 

👻 AAVE | LEND & BORROW ASSETS
https://bankless.cc/aave 

🦄 UNISWAP | DECENTRALIZED FUNDING
http://bankless.cc/uniswap 

------
Topics Covered:

0:00 Intro
6:00 Arthur 0x
12:55 The Secret Ingredient?
19:30 Show Up and Do Something
26:00 An Investing Thesis
33:48 Fundamentals Win
38:05 Token Value Capture
46:40 How to Evaluate
50:18 Undervalued Projects
56:35 The AMM Competition
1:00:13 ETH Killers
1:05:43 Layer 2 Scaling
1:14:00 A Global Perspective
1:20:13 Culture and Language
1:24:05 China BTC Mining
1:29:30 What Arthur’s Excited About
1:33:58 Closing & Disclaimers

------
Resources:

Arthur on Twitter
https://twitter.com/Arthur_0x?s=20 
DeFiance Capital
https://www.defiance.capital/ 

-----
Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures 

TOP SIGNAL: DAO Dudes | Cooper Turley, Lucas Campbell, Callum Gladstone, James Waugh10 Jul 202101:15:06

Join Michael Wong and David Hoffman as they attempt to make a show about comedy and crypto!

Subscribe to the Top Signal RSS feed!

https://podcasts.apple.com/us/podcast/top-signal/id1574944825

GUESTS:
@Cooopahtroopa
@0x_Lucas
@BlockchainJames
@gladstonecallum

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🎖 CLAIM YOUR BADGE: https://newsletter.banklesshq.com/p/-guide-2-using-the-bankless-badge
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Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures

ROLLUP: Axie Infinity, Binance Squeeze, JPMorgan ETH Staking, EIP 1559 (1st Week of July)09 Jul 202101:31:49

1st Week of July, 2021.

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👻 AAVE | LEND & BORROW ASSETS
https://bankless.cc/aave 

🦄 UNISWAP | DECENTRALIZED FUNDING
http://bankless.cc/unigrants 

------
📣 KYBER | Liquidity mine with Rainmaker
https://bankless.cc/kyber 
------

Topics Covered


0:00 Intro

2:10 MARKETS
2:20 BTC Price
4:56 ETH Price
Exchanges
https://twitter.com/cryptoquant_com/status/1411973786941804547 
Deposit Contract
http://www.theblockcrypto.com/data/decentralized-finance/asset-management/eth-in-eth2-deposit-contract 
8:03 ETH/BTC
10:10 DeFi Action
13:15 NFT Volume
https://duneanalytics.com/rchen8/opensea 

16:30 RELEASES
17:45 EIP-1559
https://twitter.com/TimBeiko/status/1412762432079007748?s=20 
Fee Burn
https://goerli.etherscan.io/blocks?p=1 
Fee Savings
https://twitter.com/TimBeiko/status/1412995748665298944?s=20 
22:35 Beacon Book
https://twitter.com/StatefulWorks/status/1412408929267630093 
24:30 Balancer & Polygon
https://medium.com/balancer-protocol/balancer-joins-polygons-summer-of-defi-with-10-million-in-joint-token-incentives-c09d4db5ae9b 
Zapper
https://twitter.com/zapper_fi/status/1412889987155173382 
Dune
https://twitter.com/0xPolygon/status/1409556178443505667?s=20 
27:30 Göerli Sidechain 
https://twitter.com/bantg/status/1412388910429347841?s=20 
31:05 Aave Pro in July
https://twitter.com/TraderNoah/status/1411719489947906048 
34:16 Raises 
Index Coop
https://www.coindesk.com/dao-behind-defi-pulse-index-raises-7-7m-from-galaxy-digital-1kx 
Zerion
https://www.theblockcrypto.com/post/110675/defi-investing-platform-zerion-series-a-funding 

36:20 NEWS
36:30 JPMorgan ETH Staking Report
https://decrypt.co/75108/ethereum-staking-crypto-jp-morgan 
39:57 Andre on a Tear
https://twitter.com/andrecronjetech/status/1411244286146977792?s=21
41:43 Axie Infinity Growth
https://twitter.com/amytongwu/status/1412875602030301190?s=20  
43:05 China & Stablecoins
https://www.coindesk.com/china-central-bank-pboc-worried-stablecoins 
44:53 $70m Ransom Attack
https://www.forbes.com/sites/roberthart/2021/07/05/ransomware-hackers-demand-70-million-in-bitcoin-claim-massive-us-attack-as-biden-investigates-possible-russian-involvement/ 
46:35 Circle Spac Merger
https://www.theblockcrypto.com/post/110806/confirmed-stablecoin-firm-circle-public-spac-merger 
47:45 Wyoming DAOs
https://decrypt.co/75222/americas-first-dao-approved-in-wyoming 
50:50 News Drive-By
Crypto Cards top $1B
https://www.cnbc.com/2021/07/07/visa-says-crypto-linked-card-usage-tops-1-billion-in-first-half-of-2021.html 
Binance Squeeze
https://www.theblockcrypto.com/post/110510/barclays-customers-in-the-u-k-can-no-longer-transfer-funds-to-binance 
Elizabeth Warren Flex
https://www.coindesk.com/elizabeth-warren-sec-deadline-crypto-regulation 

54:30 TAKES
55:00 Computer without Internet
https://twitter.com/chainlinkgod/status/1410359761971736577?s=21 
56:25 Spooky Chainlink
https://twitter.com/edgararout/status/1412401125463035914?s=21 
1:00:20 Creator Economy
https://twitter.com/balajis/status/1410585347092729857?s=21 
1:03:05 Influencer to Creator
https://twitter.com/balajis/status/1412890086635544578?s=20 
1:04:53 CeDeFi
https://twitter.com/dcfgod/status/1410985736715767817?s=20 
1:06:50 Speed & Depth
https://twitter.com/balajis/status/1411046562063523841?s=21 
1:09:15 Broken Pegs
https://twitter.com/stefan__ionescu/status/1412190540700004357?s=21 
1:11:50 MEV Negative Externalities
https://twitter.com/bertcmiller/status/1412579402345586696?s=20 
1:18:35 Transparent Systems
https://twitter.com/panekkkk/status/1411347712168153090 

1:24:05 What David’s Excited About
1:25:05 What Ryan’s Excited About
https://twitter.com/RyanSAdams/status/1412799192603533313?s=20 

1:29:00 Meme of the Week
https://i.redd.it/8b1khwy3uu971.jpg 

-----
Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures 

SotN 7/6 - Compound & the DeFi Mullet | Robert Leshner07 Jul 202100:46:25

Robert Leshner is the founder of the Compound Protocol, which is pioneering decentralized borrowing and lending. He is returning to Bankless to discuss Compound Treasury, which is set to offer Compound's services to institutions.

Is it Fintech? Is it Banking? Is it Crypto? Slick back your DeFi mullet and let's find out.

Robert on Twitter:
https://twitter.com/rleshner?s=20 

Compound Treasury:
https://compound.finance/treasury 

------
📣 KYBER | MAKE IT RAIN WITH RAINMAKER
https://bankless.cc/kyber 
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BANKLESS SPONSOR TOOLS:

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👻 AAVE | LEND & BORROW ASSETS
https://bankless.cc/aave 

🦄 UNISWAP | DECENTRALIZED FUNDING
http://bankless.cc/uniswap 
-----

Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures 

72 - The Power of Mimetic Desire | Luke Burgis05 Jul 202101:57:36

Luke Burgis is an author, entrepreneur, and professor. In his new book Wanting, Luke discusses the mimetic (mimicking) roots of our desires and behaviors. Viewing our species from this lens yields a vast wealth of insights about the nature of society, and we discuss how the internet (and crypto) pose to dramatically shift our understanding of these things.

------
🎙️ EXCLUSIVE EPISODE DEBRIEF : https://shows.banklesshq.com/p/exclusive-debrief-the-power-of-mimetic 
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👻 AAVE | LEND & BORROW ASSETS
https://bankless.cc/aave 

🦄 UNISWAP | DECENTRALIZED FUNDING
http://bankless.cc/uniswap 

------
📣 KYBER | Learn about Liquidity Mining with Rainmaker!
https://bankless.cc/kyber 
------

BANKLESS PODCAST #72: The Power of Mimetic Desire
Guest: Luke Burgis

When we explore what crypto is all about, it often brings us back to the fundamental questions. What is money? What is value? What are the characteristics of a good society? In our conversation with Luke Burgis, we dive even deeper: what drives our basic desires and behaviors? Luke makes an incredibly compelling argument that the root of our wants and perceived needs derive from Mimetic Desire -- the idea that we look to others and mimic what they do.

Mimetic desire appears to emerge among all successful social species. As humans, we learn how to exist in a society by observing and processing those around us. Our parents, friends, and communities at large all collectively inform how we perceive the world around us. In this model, the individual melts away, and instead, we become interdependent nodes in a network of ideas, ideologies, actions, and behaviors. We often want things because others want them. Although rationality certainly plays a role, it takes a back seat to the more immediate and salient driving forces of mimesis.

How does this relate to crypto in particular? Well, mimesis certainly drives the patterns we find in markets: speculation and adoption are both functions of mimetic desires. This model also applies more broadly when we consider the coordinative power of the internet and blockchains. If we accept mimesis on the aggregate and individual scale, we can more fully grasp the scale and scope of these new social and economic technologies.

Hot off the release of his book 'Wanting: The Power of Mimetic Desire in Everyday Life,' Luke is fascinated by the potential of blockchains to revolutionize how we interact and function as a species and society. However, Mimetic Desire won't be going anywhere anytime soon.

------
Topics Covered:

0:00 Intro
6:50 Luke Burgis
9:05 What is Mimetic Desire?
16:25 Modeling Desire
23:35 Coping with Abundance
27:19 Collective, Shared Desires
31:30 Genes & Memes
37:25 Mimetic Desire & Memes
45:20 Subjective Scarcity & Rivalries
54:24 The Internet & Mimetic Desire
1:01:00 Bitcoin and The Role of Money
1:12:10 Wealth is What You Want
1:17:43 Markets, Bubbles, Mania
1:26:58 Rivalrous Communities
1:33:00 Mimetic Bubbles & Reflexivity
1:39:45 Algorithms Determining Outcomes
1:43:49 Legitimacy
1:48:40 What about Rationality?
1:52:22 The Take on Crypto
1:55:20 Closing & Disclaimers

------
Resources:

Luke on Twitter
https://twitter.com/lukeburgis?s=20 
Luke’s Newsletter
https://read.lukeburgis.com/ 
Wanting on Amazon
https://www.amazon.com/Wanting-Power-Mimetic-Desire-Everyday/dp/1250262488/ 

------
Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures 

ROLLUP: Jay-Z NFTs, Axie Infinity, China's Bitcoin Miners, Coinbase USDC, (5th Week of June)02 Jul 202101:18:36

5th Week of June 2021.

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BANKLESS SPONSOR TOOLS:

💰 GEMINI | FIAT & CRYPTO EXCHANGE
https://bankless.cc/go-gemini 

🔀 BALANCER | EXCHANGE & POOL ASSETS
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👻 AAVE | LEND & BORROW ASSETS
https://bankless.cc/aave 

🦄 UNISWAP | DECENTRALIZED FUNDING
http://bankless.cc/unigrants 

------
📣 KYBER | Liquidity mine with Rainmaker
https://bankless.cc/kyber 
------

Topics Covered:

0:00 Intro

2:25 MARKETS
2:35 BTC Price
3:10 ETH Price
3:32 ETH/BTC Price
4:26 ETH Outperforming BTC
https://twitter.com/RyanSAdams/status/1410601434240880646?s=20 
6:20 DeFi Action
8:00 Layer 2 TVL
https://l2beat.com/ 

11:00 RELEASES
11:30 Compound Treasury
https://twitter.com/current/status/1409600420369084420?s=20 
13:35 Polygon Avail
https://twitter.com/0xPolygon/status/1409520012960825349?s=20 
15:00 Cream on Polygon
https://www.coindesk.com/cream-finance-announces-integration-with-polygon 
15:53 Perpetual Protocol V2
https://twitter.com/perpprotocol/status/1410221752526028801?s=20 
16:50 Element.Fi on Mainnet
https://shows.banklesshq.com/p/sotn-42-ethereum-devs-building-defi 
17:55 Coinbase USDC 4%
https://blog.coinbase.com/sign-up-to-earn-4-apy-on-usd-coin-with-coinbase-cdad79e5f5eb 
19:53 Top Signal
https://twitter.com/BanklessHQ/status/1409605228744175616?s=20 
22:14 Raises
Nansen a16z
https://www.theblockcrypto.com/linked/109959/blockchain-data-nansen-12-million-series-a-a16z 
TracerDAO
https://tracer.finance/radar/tracer-dao-raise/ 

24:00 NEWS
24:10 Uniswap Education Fund
https://gov.uniswap.org/t/governance-proposal-005-defi-education-fund/12963 
27:25 Decentralizing Coinbase
https://blog.coinbase.com/embracing-decentralization-at-coinbase-7fa0e5d1084b 
30:15 Kain & Synthetix
https://thedefiant.io/synthetix-founder-announces-return-to-save-the-project/ 
31:50 Axie Infinity
https://metaversal.banklesshq.com/p/the-axie-infinity-boom 
34:10 Twitter NFTs
https://twitter.com/sassal0x/status/1410234844353761285?s=21 
35:47 Tim Berners-Lee NFT
https://www.cnn.com/style/article/tim-berners-lee-nft-auction/index.html 
37:35 Jay-Z Cryptopunk
https://twitter.com/DeFi_Dad/status/1408434725551759360?s=20 
Sotheby’s: https://www.coindesk.com/jay-z-to-auction-reasonable-doubt-nft-at-sothebys 
40:14 Bitcoin Miner Migration
https://preview.redd.it/wg88833hff871.jpg?width=1024&auto=webp&s=cf8bf121e8e6be28b659f626b4e5a0f92c17352f 
41:37 TeraWulf Mining Firm
https://www.theblockcrypto.com/linked/110101/bitcoin-mining-firm-terawulf-orders-new-machines-cost-estimated-at-nearly-100-million 
47:48 Ark Invest BTC ETF
https://www.cnbc.com/2021/06/28/cathie-woods-ark-invest-files-to-create-a-bitcoin-etf.html 
49:07 El Salvador Airdrop
https://www.forbes.com/sites/roberthart/2021/06/25/adults-in-el-salvador-to-get-30-in-bitcoin-as-nation-unveils-details-to-make-crypto-legal-tender/amp/?__twitter_impression=true 
50:54 UK on Finance
https://www.wsj.com/articles/binance-crypto-exchange-ordered-to-cease-u-k-activities-11624812672 
51:30 Fed & CDBC
https://www.federalreserve.gov/newsevents/speech/quarles20210628a.htm 
53:15 FTX, Tom Brady & Gisele
https://decrypt.co/74771/tom-brady-and-gisele-bundchen-invest-in-ftx 
54:40 Drive By’s
ICP: https://twitter.com/jamesspediacci/status/1408532682192035840?s=21 
Visa Hiring: https://www.theblockcrypto.com/post/110119/visa-makes-five-strategic-crypto-hires-and-placements 
USDC Multi-Chain: https://twitter.com/CoinDesk/status/1409992722878980104?s=19 

59:00 TAKES
59:30 .com to .eth
https://twitter.com/robogajesh/status/1408146369471139842?s=20 
1:02:00 Unraveling Hierarchies
https://twitter.com/joshuarosenthal/status/1408814378913341443?s=21 
1:03:34 Coinbase will sell anything
https://twitter.com/TheBlock__/status/1409676059302236162 
1:05:27 Adios Uber
https://twitter.com/EthereumFear/status/1409874076491993125?s=20 
1:08:10 DAOs
https://coopahtroopa.mirror.xyz/_EDyn4cs9tDoOxNGZLfKL7JjLo5rGkkEfRa_a-6VEWw 

1:08:50 What David’s Excited About
1:11:11 What Ryan’s Excited About

1:15:53 The Future is DAO
https://twitter.com/thefutureisdao1/status/1409862176953806850?s=21 
1:16:58 MEME OF THE WEEK
https://i.redd.it/c6nu7bdec8771.png 

-----
Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures 

The Creator Economy | Jesse Walden, Li Jin, Cooper Turley01 Jul 202101:03:55

Come learn and hear about what the Creator Economy is, and what it has in store for our industry!

Li Jin:
@ljin18

Jesse Walden
@jessewldn

Cooper Turley:
@Cooopahtroopa

------
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BANKLESS SPONSOR TOOLS:

💰 GEMINI | FIAT & CRYPTO EXCHANGE
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👻 AAVE | LEND & BORROW ASSETS
https://bankless.cc/aave 

🦄 UNISWAP | DECENTRALIZED FUNDING
http://bankless.cc/uniswap 

------
📣 Ledger | Securely Exchange with Paraswap
https://bankless.cc/LedgerYT2 
------
The Creator Economy
Panelists: Cooper Turley, Li Jin, Jesse Walden

The Creator Economy naturally erupts with the internet. Specialization allows creatives – artists, content creators, and everything in between – to carve out increasingly specific niches and build curated cultural communities. Art in all forms has an opportunity to blossom with the coordinative capacity of modern technology, and every active participant is inherently a creator. Smartphones and social media make everyone journalists, photographers, actors, and commentators simultaneously.

With this budding paradigm, ownership of creations is paramount. The crypto industry lends itself elegantly to this need, blending creation and ownership. Web 2 has witnessed an explosion of distributed content, but centralized platforms determine the nature of how it plays out. Crypto offers a natural evolution to the creator economy, enriching the relationship between creator and community.

This conversation takes a wide lens to the intersection of culture and the crypto industry. From MySpace to Instagram to Patreon, the ebbs & flows of internet culture and economy moves at a blistering pace. Our experienced panelists break these things down and discuss where we're going.

------
Resources:

Li on Twitter:
https://twitter.com/ljin18?s=20 

Jesse on Twitter:
https://twitter.com/jessewldn?s=20 

Cooper on Twitter:
https://twitter.com/Cooopahtroopa?s=20 

------
Topics Covered:

0:00 Intro
4:30 Cooper, Li, and Jesse
7:30 What is the Creator Economy?
14:32 Evolving Creator and Community
21:31 Creator First vs. Platforms
28:35 The Internet Dream
36:16 Evolving Platforms
43:00 Sovereign Creation
47:19 DAOs and the Creator Economy
55:30 Creator Economy Platforms
59:27 Get Involved
1:02:08 Closing & Disclaimers

-----
Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures 

ROLLUP: Robinhood's Announcement Sets off Stock Tokens Frenzy04 Jul 202501:03:14
Welcome to the Weekly Rollup, where we cover the latest news in crypto. ——— 📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24 https://bankless.cc/spotify-premium ------ BANKLESS SPONSOR TOOLS: 🪙FRAX | SELF SUFFICIENT DeFi https://bankless.cc/Frax 🦄UNISWAP | SWAP ON UNICHAIN https://bankless.cc/unichain 🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle 🟠 BINANCE | THE WORLDS #1 CRYPTO EXCHANGE https://bankless.cc/binance ——— TIMESTAMPS & RESOURCES 0:00 Intro and EthCC 5:30 MARKETS https://www.coingecko.com/en/coins/bitcoin 7:30 Solana ETF https://x.com/EricBalchunas/status/1940436515798348195 https://www.tradingview.com/chart/V7YvdegA/?symbol=CBOE%3ASSK 12:20 MACRO https://x.com/TheStalwart/status/1940749966542360844 https://x.com/HadickM/status/1940754843838341559 https://imgur.com/uBt5LkP https://x.com/KobeissiLetter/status/1939684213672038840 https://polymarket.com/event/who-will-trump-announce-as-next-fed-chair 19:00 The Big Beautiful Bill https://polymarket.com/event/reconciliation-bill-passed-by?tid=1751541176019 https://www.foxnews.com/politics/trumps-big-beautiful-bill-clears-final-hurdle-before-house-wide-vote https://x.com/SenLummis/status/1939730903045218395 23:00 Robinhood Chain and Tokenized Stocks https://x.com/smyyguy/status/1939725345772470671 https://x.com/RobinhoodApp/status/1939701274217460047 https://x.com/BanklessHQ/status/1940054189914145198 https://x.com/RobinhoodApp/status/1939706469966135442 https://x.com/RobinhoodApp_EU/status/1939709899690098770 https://x.com/vladtenev/status/1939713633392480417 https://x.com/OpenAINewsroom/status/1940502391037874606 https://x.com/vladtenev/status/1940547859532612028 https://x.com/0xren_cf/status/1940077604939129253 https://x.com/vladtenev/status/1940308314144883074 https://x.com/BanklessHQ/status/1940468665235001656 https://x.com/RobinhoodApp/status/1939703096168362170 https://x.com/hosseeb/status/1940050920483823819 https://www.tradingview.com/chart/1CDu50yK/?symbol=NASDAQ%3AHOOD https://x.com/iamDCinvestor/status/1939711492397703307 https://open.spotify.com/episode/6XTj2K0YAtXIgYPpGrK0xg?si=ef33fb6a0e394acd https://backed.fi/news-updates/xstocks-are-going-live-tokenized-stocks-for-the-defi-era https://x.com/0xMert_/status/1939761568029225224 https://x.com/gemini/status/1938688845597577591?s=46&t=2ZINVXJQKx6xO_6Wiiu_2g https://thedefiant.io/news/tradfi-and-fintech/dinari-wins-first-u-s-broker-dealer-license-tokenized-stocks-667afe25 https://sbt.dinari.com/tokens?tokenSymbol=AAPL.d https://x.com/HadickM/status/1940018046833201168 https://www.theblock.co/post/360853/financial-industry-group-pushes-back-on-tokenized-equities-urges-sec-to-reject-crypto-firms-exemptions https://www.cnbc.com/video/2025/07/02/sec-chairman-paul-atkins-on-regulating-private-markets-rise-of-stock-tokenization.html 47:20 Tom Lee Bullish ETH https://www.tradingview.com/chart/V7YvdegA/?symbol=AMEX%3ABMNR https://x.com/CNBC/status/1939658101193322537 https://x.com/RyanSAdams/status/1939686608254460283 https://x.com/sharplinkgaming/status/1940078442579644420 53:50 NEWS https://x.com/tier10k/status/1940133141546770454 https://x.com/coinbase/status/1940385699653652500 https://x.com/zachxbt/status/1940388827392344261 https://x.com/RyanSAdams/status/1940480126925656343 https://www.youtube.com/live/zo72TWXrc3Y ——— Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures⁠
SotN 6/29: PleasrDAO and the NFT Bear Market | Jamis Johnson30 Jun 202101:15:35

Jamis Johnson is a founding member and Chief Pleasing Officer of PleasrDAO✨.

We bring him on to hear about the state of PleasrDAO, and the NFT bear market!

------
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👻 AAVE | LEND & BORROW ASSETS
https://bankless.cc/aave 

 🦄 UNISWAP | DECENTRALIZED FUNDING
http://bankless.cc/uniswap 

------
📣 Ledger | Securely Exchange with Paraswap
https://bankless.cc/LedgerYT2 
----

State of the Nation #49: The State of the Charts
Guest: Jamis Johnson

PleasrDAO is a fascinating experiment in internet culture. At the intersection of DAOs, NFTs, and internet culture, Jamis Johnson works as Chief Pleasing Officer. In this NFT bear market, we look forward to what happens next in this emerging space. Now is the time to be paying attention to this space.

The start of PleasrDAO was with pplpleasr's "x * y = k' NFT following the release of Uniswap V3. It was an organic eruption of collaboration for a shared social cause. The emergence of PleasrDAO is a salient demonstration of the nature of DAOs. In many ways, they resemble an open-world sandbox game, where individuals can come together in a flexible domain and organize collectively.

What began as a fever dream auction has coagulated into a flexible, powerful organization for the curation and management of big-ticket NFT items. The future of PleasrDAO remains open, but there will be more to learn as this Culture DAO continues trailblazing.

------
Resources:

Jamis on Twitter:
https://twitter.com/_jamiis?s=20 

PleasrDAO on Twitter:
https://twitter.com/PleasrDAO?s=20 

PleasrDAO:
https://pleasr.org/ 

-----
Topics Covered:

0:00 Intro
10:00 Jamis Johnson, Chief Pleasing Officer
18:42 The Start of PleasrDAO
26:49 Getting on the Map
33:30 Snowden and the Gallery
39:40 Rugged Coordination
46:30 Plans for PleasrDAO
55:33 Participating in the Future
1:02:41 The NFT World
1:08:15 The Next Big Catalysts
1:12:22 Closing & Disclaqimers

-----
Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures 

71 - The Bull Case For Ethereum II | DC Investor, Anthony Sassano, Cyrus Younessi28 Jun 202102:18:08

A lot has changed since the original "Bull Case for Ethereum" episode. This sequel comes at a time when massive events loom on the horizon. EIP-1559, the Proof-of-Stake Merge, and Layer 2 Scaling.

Many of these uncertainties are felt in the market action, but we bring you some of the Ethereum Community's strongest bulls to remind you why you're here.

------
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👻 AAVE | LEND & BORROW ASSETS
https://bankless.cc/aave 

🦄 UNISWAP | DECENTRALIZED FUNDING
http://bankless.cc/uniswap 

------
📣 Ledger | Securely Exchange with Paraswap
https://bankless.cc/LedgerYT2 
------

Topics Covered:

0:00 Intro
5:30 Sassano, DC Investor, and Cyrus
7:20 Cyrus Younessi
9:58 Grading Earlier Predictions
11:37 What’s New and Exciting?
18:15 New Narratives for ETH
25:03 ETH in DeFi
29:10 Feeling the Narrative Shift
37:45 Beating the Same Drum
40:19 The Energy Debate
44:12 PoS Merge and Energy
52:30 Gas Fees & Schizophrenia
58:39 EIP-1559
1:06:26 Deflationary, Scarce ETH
1:12:05 Confidence in Execution
1:20:33 Layer 2 Summer
1:28:02 Ethereum’s Scaling Solution
1:34:29 DAOs and DOs
1:44:37 DAOs and ETH
1:50:06 Post-Mortem on 4k ETH
2:03:29 Price Predictions
2:11:48 What Else Would You Buy?
2:14:12 Shaving to Save
2:15:49 Closing & Disclaimers

------
Resources:

The Bull Case for Ethereum:
https://youtu.be/36HkwlqfBaQ 

Ultra Sound Money:
https://youtu.be/bWqhn1hXvVc 

DC Investor on Twitter:
https://twitter.com/iamDCinvestor?s=20 

Anthony Sassano on Twitter:
https://twitter.com/sassal0x?s=20 

Cyrus Younessi on Twitter:
https://twitter.com/cyounessi1?s=20 

-----
Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures 

ROLLUP: China Bitcoin Miners, John McAfee, EIP-1559 Testnet, Layer 2 Ethereum (4th Week of June)25 Jun 202101:35:12

4th Week of June 2021.

Anthony on Twitter:
https://twitter.com/sassal0x?s=20 

Daily Gwei:
https://thedailygwei.substack.com/ 

------
BANKLESS SPONSOR TOOLS:

💰 GEMINI | FIAT & CRYPTO EXCHANGE
https://bankless.cc/go-gemini 

🔀 BALANCER | EXCHANGE & POOL ASSETS
https://bankless.cc/balancer 

👻 AAVE | LEND & BORROW ASSETS
https://bankless.cc/aave 

🦄 UNISWAP | DECENTRALIZED FUNDING
http://bankless.cc/uniswap 

------
📣 Ledger | Securely Exchange with Paraswap https://bankless.cc/LedgerYT2 
------

Topics Covered:

0:00 Intro

2:20 MARKETS
2:38 BTC Price
4:54 ETH Price
6:36 ETH/BTC Ratio
7:50 DeFi Action
12:06 Layer 2 Beat
https://l2beat.com/ 
16:13 100k ETH Staked in a Day
https://cryptopotato.com/over-100k-eth-200-million-staked-in-ethereum-2-0-in-a-single-day/ 
19:41 a16z $2.2B Fund
https://twitter.com/TheBlock__/status/1408032726716928015?s=20 
22:16 Yearn vs. Competition
https://twitter.com/bantg/status/1407407535620083712?s=20 
26:43 Alpha Homora Fees
https://twitter.com/alphafinancelab/status/1407998167975563272?s=21 
30:58 Borrowing on Aave
https://twitter.com/tokenterminal/status/1408012619840110592?s=21 
31:51 Cathie Wood bought the Dip
https://news.bitcoin.com/cathie-wood-bought-the-dip-ark-invest-purchases-one-million-gbtc-shares/ 

35:00 RELEASES
35:45 Futureswap V3 on Arbitrum
https://twitter.com/futureswapx/status/1405952663318011904?s=20 
39:30 Graph Supporting Optimism
https://twitter.com/graphprotocol/status/1405929132932878339?s=20 
41:39 Risk Harbor $3.2m Raise
https://medium.com/riskharbor/risk-harbor-debuts-on-mainnet-with-a-new-round-of-funding-b18064dbd5dc 
44:14 Yield Protocol Series A
https://twitter.com/yield/status/1407701683954765827?s=20 
45:06 Visa, PayPal, Blockchain Capital
https://www.coindesk.com/visa-paypal-join-crypto-vc-blockchain-capitals-new-300m-fund 
47:10 Aave News
https://twitter.com/AaveGrants/status/1407042749627617287?s=20 
48:25 Brave Search Engine
https://www.cnet.com/google-amp/news/google-gets-a-new-rival-as-brave-search-opens-to-the-public/?__twitter_impression=true&s=09&utm_source=reddit.com 
50:37 Coinbase in Japan 
https://www.coindesk.com/coinbase-enters-japanese-market-after-completing-registration-with-financial-watchdog 
51:45 TOP SIGNAL
https://twitter.com/BanklessHQ/status/1407446381103489030?s=20 

53:00 NEWS
53:10 EIP-1559 Live on Ropsen
http://watchtheburn.com/ 
55:13 Venmo Digs ETH
https://twitter.com/ryansadams/status/1405955767379824645?s=21 
56:30 Stakehound $75m Disaster
https://www.theblockcrypto.com/post/109277/staking-company-serves-fireblocks-with-a-lawsuit-over-private-keys-to-over-75-million-in-eth 
59:48 Alchemix Return ETH
https://app.alchemix.fi/returneth 
1:03:02 Reddit ‘Snoo’ NFTs
https://www.theblockcrypto.com/post/109450/reddit-nfts-cryptosnoos-ethereum-opensea 
1:04:39 Bitcoin Miners in China
Nic Carter: https://www.coindesk.com/bitcoin-unpacking-hashrate-nic-cart-migration 
Good or Bad? https://www.coindesk.com/3-reasons-why-chinas-bitcoin-crackdown-isnt-all-that-bad 
1:07:51 Microstrategy 100k BTC
https://dailyhodl.com/2021/06/23/michael-saylors-microstrategy-now-owns-over-100000-btc-with-new-purchase/ 
1:10:19 NYC Mayoral Lead Likes BTC
https://www.theblockcrypto.com/linked/109475/new-york-city-center-of-bitcoins-eric-adams-mayoral-lead 
1:10:44 RIP John McAfee
https://www.euroweeklynews.com/2021/06/23/breaking-news-antivirus-creator-john-mcafee-found-dead-in-catalan-prison-cell/ 
1:12:35 News Bites
Goldman & JPM Repo
https://www.bloomberg.com/news/articles/2021-06-22/goldman-sachs-begins-trading-on-jpmorgan-repo-blockchain-network?sref=VB9Y24MI 
Fed Boston & MIT
https://www.bostonfed.org/news-and-events/press-releases/2020/the-federal-reserve-bank-of-boston-announces-collaboration-with-mit-to-research-digital-currency.aspx 
49% of Institutional Investors
https://news.bitcoin.com/jpmorgan-survey-institutional-investors-cryptocurrency-rat-poison-warren-buffett-fad/ 
South African Ponzi
https://fortune.com/2021/06/24/bitcoin-ameer-raees-cajee-theft-south-africa/ 
MLB and FTX
https://www.mlb.com/news/mlb-ftx-cryptocurrency-exchange-partnership 

1:15:45 TAKES
1:17:00 Migrating Hacks to BSC
https://twitter.com/hosseeb/status/1405637755141431297?s=19 
1:19:38 DAO Efficiency
https://twitter.com/g_dip/status/1406086186850992128?s=21 
1:21:35 Make Money with Friends
https://twitter.com/markbeylin/status/1407411367603326981?s=21 
1:23:10 Who will you Trust?
https://twitter.com/gregisenberg/status/1405722055073542150?s=20 
1:24:24 Bat Speaker Emojis
https://twitter.com/search?q=%F0%9F%A6%87%F0%9F%94%8A&src=typed_query&f=user 

1:26:45 What Anthony’s Excited About
1:29:35 What David’s Excited About

1:30:30 MEME OF THE WEEK
https://twitter.com/biancoresearch/status/1408017039508246531?s=21 

1:31:37 The Daily Gwei

1:32:50 Closing & Disclaimers

------
This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures 

SotN #51: Pioneering Crypto Culture, with Michael Wong23 Jun 202100:58:35

Bankless has TWO big announcements...
- Big Merch Drop out of Bankless DAO. Sinjun Wesson, Design guild over at Bankless DAO, comes to show us the apparel he's outfitting us with.

GET YOUR MERCH: https://cryptoculture.substack.com/p/paying-homage-to-cypherpunk-history


- A BRAND NEW SHOW, with a BRAND NEW COHOST out of the Bankless Ecosystem! Don't miss it!

------
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BANKLESS SPONSOR TOOLS:

💰 GEMINI | FIAT & CRYPTO EXCHANGE
https://bankless.cc/go-gemini 

🔀 BALANCER | EXCHANGE & POOL ASSETS
https://bankless.cc/balancer 

👻 AAVE | LEND & BORROW ASSETS
https://bankless.cc/aave 

🦄 UNISWAP | DECENTRALIZED FUNDING
http://bankless.cc/uniswap 

------
📣 Ledger | Securely Exchange with Paraswap
https://bankless.cc/LedgerYT2 
-----

Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures 

70 - Facing the Frontier | Jim Bianco21 Jun 202101:53:59

Jim Bianco is a seasoned investor, market commentator, and President of Bianco Research. With a sharp view of the past, present, and future, Jim comes on the podcast to discuss crypto from a variety of angles. Inflation, Wall Street, Defi, Regulation, and How to Invest. This is a good one.

------
🎙️ EXCLUSIVE EPISODE DEBRIEF : https://shows.banklesshq.com/p/exclusive-debrief-facing-the-frontier 
🎖 CLAIM YOUR BADGE: https://newsletter.banklesshq.com/p/-guide-2-using-the-bankless-badge 
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BANKLESS SPONSOR TOOLS:

💰 GEMINI | FIAT & CRYPTO EXCHANGE
https://bankless.cc/go-gemini 

🔀 BALANCER | EXCHANGE & POOL ASSETS
https://bankless.cc/balancer 

👻 AAVE | LEND & BORROW ASSETS
https://bankless.cc/aave 

🦄 UNISWAP | DECENTRALIZED FUNDING
http://bankless.cc/uniswap 
------
Topics Covered:

0:00 Intro
5:00 Jim Bianco
7:20 Speculation & Sideways
13:08 Speed Running Everything
17:08 How to Play this Game
20:05 Big Picture Macro View
25:30 Inflation
30:52 Rationing & Reopening
35:47 Crypto Colliding With Macro
44:00 Hayden Adams Tweet
48:03 A Broken System
58:50 Defi Eating the World
1:02:55 Jim Using DeFi
1:06:25 Taking The Leap
1:11:00 The Bill Ford
1:16:10 Wall Street Adopting
1:22:31 Wall Street and DeFi
1:30:00 Regulation
1:37:41 Possible Outcomes
1:43:05 Putting Your Foot Down
1:46:15 Grounded Experience
1:51:15 Closing & Disclaimers

-----
Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures 

ROLLUP: (Mark Cuban Titan, Metamask Institutional, Alchemix alETH, BTC Lightning)18 Jun 202101:29:14

3rd Week of June 2021

------
BANKLESS SPONSOR TOOLS:

💰 GEMINI | FIAT & CRYPTO EXCHANGE
https://bankless.cc/go-gemini 

🔀 BALANCER | EXCHANGE & POOL ASSETS
https://bankless.cc/balancer 

👻 AAVE | LEND & BORROW ASSETS
https://bankless.cc/aave 

🦄 UNISWAP | DECENTRALIZED FUNDING
http://bankless.cc/uniswap 

------
📣 LEDGER | START YOUR CRYPTO JOURNEY
http://bankless.cc/LedgerYT 
------

Topics Covered:

0:00 Intro

2:10 MARKETS
2:13 BTC Price
4:30 ETH Price
6:05 ETH / BTC Ratio
7:02 ETH in Smart Contracts
https://twitter.com/sassal0x/status/1404101807798845442?s=20 
10:00 DeFi Action 
12:00 Index Coop Revenue
https://twitter.com/BigSky_7/status/1405193562329739266?s=20 
Org Structure: https://twitter.com/pet3rpan_/status/1403740789562232832?s=20 
14:18 BTC in Lightning Network
https://www.theblockcrypto.com/linked/108718/bitcoin-lightning-network-capacity-accelerates-to-1500-btc 
Lightning Twitter: https://thecryptobasic.com/2021/06/11/twitter-or-bluesky-may-soon-integrate-btc-lightning-networ/ 
19:40 Bearish UNI Fee Accrual?
https://twitter.com/cartesian99/status/1403998240555606016?s=20 
26:00 90% Aren’t Scared
Meme: https://memegenerator.net/img/instances/78099137.jpg 

28:00 RELEASES
29:30 Metamask Institutional
https://twitter.com/mminstitutional/status/1403064969575514116?s=21 
31:25 Alchemix
Release: https://alchemixfi.medium.com/behold-aleth-90d750889fd8 
Incident: https://twitter.com/AlchemixFi/status/1405187348678148101?s=20 
Post-Mortem: https://forum.alchemix.fi/public/d/137-incident-report-06162021 
34:40 BED Index
https://twitter.com/Crypto_Texan/status/1404422145191649284 
38:11 Lyra
https://twitter.com/lyrafinance/status/1404589635867615233?s=20 
40:37 Ernst & Young on Polygon
https://twitter.com/pbrody/status/1404753341738070016 
41:07 Volmex Finance
https://twitter.com/volmexfinance/status/1405176261262004230 
41:54 Gitcoin Round 10
https://twitter.com/gitcoin/status/1404589721863393286?s=20 
44:00 Alexandra Botez ETH
https://twitter.com/alexandravbotez/status/1404896176479117315?s=20 
44:55 Other Releases
MATIC on dYdX
https://twitter.com/dydxprotocol/status/1404490781369552900?s=20 
USDC on Arbitrum
https://twitter.com/petejkim/status/1405300436970741760 
Cream on Arbitrum
https://twitter.com/creamdotfinance/status/1404815692352954371?s=21 
Parcel DAO Treasury Management
https://twitter.com/parcelHQ/status/1403433529023684611 
Yearn Facelift?
https://twitter.com/AntonNellCrypto/status/1403650531575349249?s=20 

46:44 NEWS
46:54 Bitwise $70m Raise
https://www.theblockcrypto.com/post/108421/bitwise-raises-70-million-from-new-wall-street-investors-including-henry-kravis-and-dan-loeb 
48:23 Polygon Full Blocks
https://polygonscan.com/chart/gasused 
52:13 Cuban Tracker: Titan
https://twitter.com/ChainLinkGod/status/1405319238701633537?s=20 
58:00 InstaDapp $10m Raise
https://www.theblockcrypto.com/linked/108224/defi-startup-instadapp-raises-10-million-in-new-funding 
58:22 Goldman Sachs ETH Futures
https://www.theblockcrypto.com/linked/108364/goldman-sachs-ether-derivatives-plans-bloomberg 
58:45 dYdX $65m Raise
https://twitter.com/dydxprotocol/status/1404818923103600643?s=21 
59:16 PleasrDAO Wins Again
https://twitter.com/PleasrDAO/status/1403403494669832194?s=20 
1:02:52 World Bank Rejects El Salvador
https://www.theblockcrypto.com/linked/108682/world-bank-rejects-el-salvador-bitcoin-request 
1:03:36 Paul Tudor Jones
https://blockworks.co/paul-tudor-jones-likes-bitcoin-as-portfolio-diversifier/?oly_enc_id=9918E2523689A0T 
Meme: https://imgur.com/cxkPv14 
1:05:05 Microstrategy
https://www.theblockcrypto.com/linked/108399/microstrategy-stock-offering-filing-bitcoin 
1:06:30 Coinbase Lists SHIB
https://twitter.com/sassal0x/status/1404848247139565576 
1:10:33 State Street Crypto
https://www.cnbc.com/2021/06/10/state-street-is-creating-a-dedicated-cryptocurrency-division.html 
1:10:45 Millennial Millionaires
https://bitcoinexchangeguide.com/more-than-a-third-of-millennial-millionaires-have-at-least-50-of-their-wealth-in-crypto-survey/ 
1:12:19 Panama Crypto Bill?
https://www.coindesk.com/panama-to-present-crypto-related-bill-in-july?amp=1 

1:13:30 TAKES
1:14:30 MEV Goes to Stakers
https://hackmd.io/@flashbots/mev-in-eth2 
1:17:30 Under or Overvalued
https://twitter.com/fintechfrank/status/1404587101807644674?s=21 
1:19:05 Accumulating Friends
https://twitter.com/owocki/status/1403405238179008513?s=20 
1:20:33 Crypto Twitter is new Wall St
https://twitter.com/rasterlyrock/status/1405548074420772868?s=21 

1:21:50 What David’s Excited About
San Diego: https://www.meetup.com/meetup-group-dgdwuehn/ 

1:23:45 What Ryan’s Excited About

1:25:45 MEME(s) of the Week
Star Trek: https://twitter.com/banklesshq/status/1405564845395628032?s=21 

1:28:09 Closing & Disclaimers

-----
Not financial or tax advice. Do your own research. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures 

SotN #50 - El Salvador Adopting Bitcoin | Nic Carter16 Jun 202101:25:45

Last week, El Salvador announced that Bitcoin would be accepted as Legal Tender. We bring on our favorite Bitcoiner Nic Carter to the State of the Nation to discuss this monumental historical event -- a nation-state officially recognizing Bitcoin as a currency.

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State of the Nation #50: El Salvador Adopting Bitcoin
Guest: Nic Carter

Nic Carter, recently verified on Twitter, is a partner at Castle Island and 4-time guest on Bankless. In 2021, Nic has spent much of his time dispelling the common myths frequently pointed at Bitcoin by the mainstream media, and he has been a general in the Green Energy war taking place around Bitcoin.

Last week, Nic started a Twitter Space to discuss El Salvador adopting Bitcoin as legal tender, a historic moment for crypto. Nayib Bukele, the President of El Salvador, joined the Space as the El Salvadorian congress ratified the bill. This twitter space ultimately garnered over 20,000 listeners, including some of the biggest names in crypto. Bukele showed himself to be savvy with both tech and social media, earning his label as a populist.

This is a pivotal time for cryptocurrency. The news from El Salvador bring up increasingly important questions like the relationship between nation-states and digital value. There are a variety of motives for El Salvador to adopt Bitcoin including lessening dependence on US monetary policy, as the Dollar was previously the sole currency of the country.

What does it mean for a country to adopt a cryptocurrency? Is Bitcoin being used for its 'intended purpose?' Is this a populist reprisal? Do these events represent a rejection of the Cantillon effect, and a move against the monetary hierarchy of capital gains taxes? In this State of the Nation, we cover these questions and more as we digest this monumental news and figure out what to make of it.

------
Resources:

Nic on Twitter:
https://twitter.com/nic__carter?s=20 
Castle Island:
https://www.castleisland.vc/ 
Nic's Podcast, On the Brink:
https://onthebrink-podcast.com/ 
Crypto-Fiat Mutualistic or Parasitic:
https://newsletter.banklesshq.com/p/crypto-fiat-mutualistic-or-parasitic 
Bitcoin Beach:
https://www.bitcoinbeach.com/ 

-----
Topics Covered:

0:00 Intro
8:30 Nic Carter, Global Diplomat
10:18 Does El Salvador Change Everything?
15:43 Capital Gains
20:24 President Nayib Bukele
26:04 Is this good for El Salvador?
34:55 Lightning Network
40:15 Custodial Bitcoin
43:10 Bitcoin's Biggest Test
52:13 The First Domino to Fall
58:01 Is This Freedom or Coercion?
1:03:27 Pumping their own Bags
1:09:23 Authoritarian Populism
1:15:03 Gateway to DeFi
1:18:30 Physical vs. Digital
1:21:20 Consequences
1:23:54 Closing & Disclaimers

-----
Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures 

69 - Asking the Questions: BTC & ETH | Preston Pysh14 Jun 202102:06:55

Bitcoiner Preston Pysh joins the Bankless Podcast to discuss Bitcoin and Ethereum and prove that there are high level conversations to be had between the two communities.

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------
Topics Covered:

0:00 Intro
5:50 Preston Pysh
8:17 Macro Value Investing
16:32 Moving to Bitcoin
21:22 The Last Free Market
26:13 Decentralized & P2P
29:32 Misconceptions
37:05 DeFi and Execution Risk
40:55 Ethereum Concerns
45:00 ETH’s Price Action
49:20 Protocol Consensus
53:54 Nodes
1:00:55 Work Vs. Stake
1:10:30 Clean Energy & Halvings
1:19:00 Issuance & EIP-1559
1:28:45 Currency and Blockspace
1:34:43 Risk-on vs Risk-off
1:38:24 Decentralized Finance
1:52:30 Preston Pitches ETH
1:56:06 David & Ryan Pitch BTC
2:00:40 On the Same Team
2:04:46 Closing & Disclaimers

------
Resources:

Preston on Twitter:
https://twitter.com/PrestonPysh?s=20 

The Investor’s Podcast Network:
https://www.theinvestorspodcast.com/ 

Bitcoin Fundamentals:
https://www.theinvestorspodcast.com/bitcoin-fundamentals/ 

Bitcoin & Bonds with Greg Foss:
https://www.theinvestorspodcast.com/bitcoin-fundamentals/bitcoin-and-bonds-greg-foss/ 

-----
Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures 

ROLLUP: 2nd Week of June (El Salvador, Elizabeth Warren, Bitcoin FBI Ransom, Polygon & Arbitrum)11 Jun 202101:43:13

Download the crypto meta to your brain in this weekly show.

4th Week of May, 2021

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BANKLESS SPONSOR TOOLS:

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👻 AAVE | LEND & BORROW ASSETS
https://bankless.cc/aave 

🦄 UNISWAP | DECENTRALIZED FUNDING
http://bankless.cc/uniswap 
------

Topics Covered:

0:00 Intro

2:15 MARKETS
2:25 BTC Price
Fear & Greed: https://twitter.com/BitcoinFear 
4:48 ETH Price
Fear & Greed: https://twitter.com/EthereumFear/status/1402566188144726021?s=20 
7:47 ETH/BTC Ratio
Episode w/ Ledger: https://shows.banklesshq.com/p/-sotn-49-the-state-of-the-charts 
8:57 DeFi Action
12:08 Cooldown
https://twitter.com/joel_john95/status/1402177944001269760?s=20 
15:49 NFT Bubble
https://protos.com/nft-market-bubble-popped-crypto-collectibles-are-over/ 
18:39 ETH Trading Volume
https://twitter.com/RyanSAdams/status/1402240262911496192?s=20 
20:10 DeFi Lending Protocols
https://twitter.com/tokenterminal/status/1401901076903776260?s=20 

22:00 RELEASES
24:00 Uniswap V3 on Arbitrum
https://twitter.com/Uniswap/status/1400847744596598792?s=20 
27:45 Graph Protocol on Arbitrum
https://twitter.com/arbitrum/status/1402023407609421830?s=20 
28:11 Uniswap V3 Calculator
https://uniswapv3.flipsidecrypto.com/ 
34:33 Curve Volatility Algorithm
https://twitter.com/curvefinance/status/1402673150425509890?s=21 
37:00 Polygon
Polygon Scan: https://twitter.com/0xPolygon/status/1402590551619162116 
HopProtocol: https://twitter.com/HopProtocol/status/1397983455821041664 
OKEx Withdrawals: https://twitter.com/OKEx/status/1402630589551890436 
Matcha Aggregator: https://twitter.com/matchaxyz/status/1402645756834553864 

42:45 NEWS
42:55 El Salvador
The Bill: https://twitter.com/nayibbukele/status/1402446890466217985?s=20 
Thread: https://twitter.com/CaitlinLong_/status/1401334421773504517?s=20 
Volcano Mining: https://twitter.com/jack/status/1402773957653241861?s=20 
1:02:25 NFTs on Aave
https://metaversal.banklesshq.com/p/nfts-are-coming-to-aave 
1:04:09 Bitcoin Ransomware Attacks
FBI Recovers: https://twitter.com/ericgeller/status/1401973177346109443?s=20 
$11M Payment: https://www.coindesk.com/ransomware-jbs-holdings-meat-producer 
1:07:25 Microstrategy BTC Bond
https://twitter.com/Blockworks_/status/1401881368355876868?s=20 
1:13:22 Elizabeth Warren
https://twitter.com/senwarren/status/1402725005113364486?s=21 
Knives Out: https://twitter.com/nic__carter/status/1402755502715645953?s=20 
1:20:55 Quick News Takes
IRS: https://www.theblockcrypto.com/post/107590/irs-seeks-millions-in-fresh-funding-to-expand-crypto-tax-enforcement-and-hire-outside-experts 
CFTC: https://www.theblockcrypto.com/linked/107769/cftc-commissioner-criticizes-defi-decries-lack-of-intermediaries 
Consumer Inflation: https://www.usinflationcalculator.com/inflation/current-inflation-rates/ 
Amazon DeFi: https://twitter.com/CoinDesk/status/1402223350563344385?s=19 
BlockFi Raise: https://twitter.com/fintechfrank/status/1402344595279822853?s=20 
Ledger Raise: https://www.theblockcrypto.com/post/107775/ledger-380-million-series-c-raise-dan-tapiero-10t-fund 
Solana Raise: https://www.theblockcrypto.com/post/107749/solana-labs-raises-314-million-funding-a16z-polychain-capital 
Coinbase 401k: https://www.theblockcrypto.com/post/108034/coinbase-forusall-401k-advisor-crypto-retirement-accounts 

1:24:30 TAKES
1:25:20 New Vision for Crypto
https://twitter.com/TheStalwart/status/1401842475564687361 
1:27:30 Gen Z is Coming
https://twitter.com/ryansadams/status/1402462536419753985?s=21 
1:29:25 Single-Sign On
https://twitter.com/BrantlyMillegan/status/1402388133086367751 
1:31:14 BTC Physical, ETH Digital
1:34:09 Listener Question

1:36:25 What David’s Excited About
1:38:22 What Ryan’s Excited About
Panel: https://www.youtube.com/watch?v=9mUCFRu4fkk 

1:40:50 MEME OF THE WEEK
https://www.reddit.com/r/ethtrader/comments/nvojaa/this_is_exactly_why_i_want_to_go_bankless/ 

-----
Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures 

The Current State of DeFi | Vance Spencer, Santiago Santos, Spencer Noon10 Jun 202101:10:15

In this special episode of Bankless, we bring on some of the best minds in the space to discuss where DeFi is and where we're headed.

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------
The Current State of DeFi
Panel: Vance Spencer, Santiago Santos, and Spencer Noon

It feels like we're living out a crucial moment in the story of Decentralized Finance. A variety of perspectives will collectively yield that we are at a tipping point, from a macro and micro standpoint. As we witness the emergence of a new technological ecosystem, the stakes and implications are ever increasing. Thus it only makes sense to bring on a panel of some of DeFi's smartest minds to hold a summit on where we are and where we're heading.

This panel comprised of Santiago Santos of Parafi Capital, Vance Spencer of Framework Ventures, and Spencer Noon of the Variant Fund. In broad terms, DeFi refers to open, blockchain-based finance. The root of this stack consists of primitive financial services – the money verbs like borrowing, lending, trading, escrow, etc. It involves programming smart contracts to execute logic that transfers value on the blockchain. Within these parameters, there is infinite expressivity and room to explore.

The internet of value has set itself up to be a game of optimizing capital efficiency through logic. The winners of this game will be the protocols, apps, individuals, and institutions that minimize counterparty risk while maximizing anti-fragility and resilience. The key here is finding ways to balance the values of consumer agency and protection with the power of capital efficiency. Maximalism and absolutes will be pushed to the margin as the realities of tradeoffs become increasingly apparent.

DeFi, despite its youth, has shown itself to be resilient and deeply anti-fragile. Good logic doesn't break. As it matures, the growth and depth of DeFi infrastructure will demonstrably contribute to its Lindy effect. The total addressable market (TAM) of this ecosystem difficult to quantify, as it is a non-zero game that currently encapsulates the entire global economy at present. Conversations like these should leave an informed viewer feeling optimistic, inspired, and determined to face the obstacles ahead with resolve and conviction.

------
Resources:

Vance on Twitter:
https://twitter.com/pythianism?s=20 

Santiago on Twitter:
https://twitter.com/santiagoroel?s=20 

Spencer on Twitter:
https://twitter.com/spencernoon?s=20 

------
Topics Covered:

0:00 Intro
4:00 Santiago, Vance, and Spencer
5:40 What is DeFi?
12:01 Can't Be Evil
17:10 Total Addressable Market
20:39 DeFi Eating the World
24:50 Capitulating Institutions
31:26 Regulatory Winter
34:39 Stablecoins and Yield
44:36 El Salvador & Usability
49:30 Uniswap V3
57:51 Layer 2 Madness
1:05:21 Being About That Life
1:09:10 Closing & Disclaimers

-----
Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures 

Robinhood vs. Coinbase: Who Wins the Future of Finance? | David Rodriguez & Omar Kanji03 Jul 202501:16:08
David from Blockworks and Omar from Dragonfly join the show to debate Coinbase vs Robinhood, two companies racing to become the dominant financial super app. We break down their business models, growth strategies, tokenized asset plays, and how each is approaching crypto, equities, and infrastructure. Will Robinhood’s slick UX and expanding product suite win the next generation? Or will Coinbase’s onchain infra and stablecoin moat prove unbeatable? Omar & Dragonfly https://x.com/TheOneandOmsy https://x.com/Dragonfly_xyz David & Blockworks https://x.com/EffortCapital https://x.com/BlockworksAdv --- 📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24 https://bankless.cc/spotify-premium --- BANKLESS SPONSOR TOOLS: 🪙FRAX | SELF SUFFICIENT DeFi https://bankless.cc/Frax 🦄UNISWAP | SWAP ON UNICHAIN https://bankless.cc/unichain 🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle 🟠BINANCE | THE WORLDS #1 CRYPTO EXCHANGE https://bankless.cc/binance --- TIMESTAMPS 0:00 Intro 2:37 Understanding Coinbase 8:31 Coinbase B2B 13:39 Comparing Revenue, Valuation, & Infrastructure 23:12 Future Growth of Coinbase 28:14 Understanding Robinhood 38:22 Robinhood Competition 45:42 Robinhood 2021 Crisis Explained 48:14 Robinhood Bank 52:02 Tokenized Stocks & L2 55:32 Defending the Coinbase Moat 1:06:19 Forecasting Robinhood’s Future 1:11:08 Forecasting Coinbase’s Future 1:15:31 Closing & Disclaimers --- Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures
SotN #49- The State of the Charts, with Ledger Status09 Jun 202101:36:45

In this week's State of the Nation, we bring on UpOnly co-host Brian Krogsgard (AKA LedgerStatus) to teach us about the charts. This is the official Bankless TA episode 📈

State of the Nation is live-streamed on the Youtube Channel – Tuesdays at 11am PT.
This week's episode is airing two hours early -- 9am PT / 12pm ET
------
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http://bankless.cc/uniswap 

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https://bankless.cc/kwenta 
------
State of the Nation #49: The State of the Charts
Guest: LedgerStatus

Bankless is not a trading or market-specific podcast by any means, but the chaos we have observed in the markets over the past several months warrants discussion. So we brought on Brian Krogsgard (AKA Ledger Status) to help us understand the price action in the markets from a variety of perspectives. Brian is a host on the Ledger Status and UpOnly podcasts, and co-founder of the FlipMetrics data platform.

Brian introduces the concept of investing and trading as a pyramid -- at the bottom of the pyramid lies fundamentals and an overall investing thesis. As one moves up the pyramid, the time frames become increasingly shorter, and at the top are the pure psychological and analytical-based trades. Having sound plans throughout this pyramid is what makes for strong investing. Fundamentals, narratives, and tactics form a holistic approach which dictates how you should execute rotations and denominate wealth.

Ledger screens by fundamentals, and enters by technicals, while keeping the tactical side of things as simple as possible to avoid "analysis paralysis." The technical top of the pyramid is influenced by market psychology, and is inherently chaotic and more difficult to grasp. With a broad approach to playing this money game, Brian went down the DeFi rabbit hole throughout the course of 'DeFi Summer' in 2020. The object of this game is a quest to get more ETH. Although there are countless ways to view a chart, these 'horoscopes' can easily become self-fulfilling prophecies when it comes to aggregate market psychology.

------
Resources:

Ledger on Twitter:
https://twitter.com/ledgerstatus?s=20 

Flip Metrics:
https://flipmetrics.com/ 

UpOnly:
https://uponly.tv/ 

Ledger Status Podcast:
https://ledgerstatus.com/ 

-----
Topics Covered:

0:00 Intro
7:12 Brian Krogsgard aka Ledger
10:53 The DeFi/Miami Rabbit Hole
15:35 Trading, Narratives, and Fundamentals
22:25 The Work of Savvy Investing
27:41 The Approach
36:30 Diving into the Charts
39:40 The BTC Death Cross
42:15 Ledger's Favorite Charts
45:23 Moving Averages
51:43 Where do I wanna buy?
55:26 Decoupling, Dragging, & PR
1:03:59 Visualizing 2017 and Psychology
1:08:00 The Not So Happy Scenario
1:11:00 The Happier Scenario (For ETH)
1:15:00 ETH / DeFi Ratio
1:20:28 DeFi's and Tech Growth Stocks
1:25:55 Flip Metrics
1:28:27 So... Up or Down?
1:35:15 Closing & Disclaimers

-----
Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures 

68 - Bull Case for DeFi II | Vance Spencer07 Jun 202101:53:35

Vance Spencer returns to Bankless to refresh his takes from his last appearance, 'The Bull Case For DeFi.' His predictions have held up exceptionally well, and listen in as he takes us through what Layer 2 means for the DeFi space.

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🎧 Get this Episode's Debrief: https://shows.banklesshq.com/p/exclusive-debrief-defi-verticals 
------
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http://bankless.cc/uniswap 

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https://bankless.cc/kwenta 

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📣 KYBER | DeFi’s First Dynamic Market Maker Protocol
https://bankless.cc/kyber 
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Bankless Podcast #68 - DeFi Verticals
Guest: Vance Spencer

Framework's Vance Spencer returns to Bankless nine months after his first appearance, 'The Bull Case for DeFi.' A lot has happened in the space since then, but his perspective holds up as salient and sharp. He and investing partner Michael Anderson have built a venture fund that invests in people.

With a healthy mix of on-chain and venture investments, Framework has consistently led as a thesis-driven firm with a clear focus on DeFi. Primitives, aggregators, and apps comprise a diverse and thoughtful portfolio representing a successful past and bullish future. It is increasingly apparent that capital efficiency is the game that DeFi projects are playing to gobble up market share.

Vance brings a uniquely holistic approach to investing in the space, discussing the verticalization of DeFi and seeking projects that leverage the smart contract money legoes to optimize front ends. The space's growth depends on building out payment rails, optimizing MEV, and exploring the world of rollups as a massive upgrade to the DeFi Sandbox. Stay tuned for hot predictions towards the end – this is somebody to listen to.

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Topics Covered:

0:00 Intro
6:00 Vance Spencer of Framework
9:15 Accelerating Innovation & TVL
12:25 Bullish Bear Market
15:00 Optimism, ETH, and BTC
20:11 Long-term Market Cycles
24:23 Speculation, Value, and Resilience
29:06 Narratives and Volatility
35:41 The DeFi Sandbox Today
42:14 What to Build Next
47:30 Institutional Aave
51:40 Enterprise Blockchain
56:03 Regulation
59:54 DeFi Layer 2 Summer
1:09:57 Derivatives & Games
1:13:30 Layer 2 Implications
1:19:40 Multi-Chain DeFi
1:23:44 Ultra-Sound Values
1:28:29 Eating the World
1:31:40 Information and DAOs
1:37:02 Be About That Life
1:42:00 Predictions
1:48:18 Framework Ventures
1:50:54 Closing & Disclaimers

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Resources:

Vance on Twitter:
https://twitter.com/pythianism?s=20 

The Bull Case for DeFi:
https://newsletter.banklesshq.com/p/the-bull-case-for-defi-vance-spencer 

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Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures 

ROLLUP: 1st Week of June (Miami Bitcoin Conference, Arbitrum Layer 2 DeFi Summer, Coinbase Apple)04 Jun 202101:24:10

Download the crypto meta to your brain in this weekly show.

4th Week of May, 2021

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http://bankless.cc/uniswap 

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📣 KYBER | Dynamic Market Maker for Liquidity & Exchange
https://bankless.cc/kyber 
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Topics Covered:

0:00 Intro

1:39 MARKETS
1:50 BTC Price. Death Cross?
https://rektcapital.substack.com/p/bitcoin-death-cross-coming-soon 
6:55 ETH Price
Monthly: https://twitter.com/coinalyzetool/status/1399647743602212866?s=20 
Exchanges: https://twitter.com/mskvsk/status/1400379607786962944?s=20 
12:37 ETH / BTC Ratio
13:53 DeFi Action
DPI Inflows: https://twitter.com/AlphaLemonade/status/1399843969366827010?s=20 
19:20 DEX Volume
https://twitter.com/DocumentEther/status/1399304548745842688?s=20 
20:40 Uniswap
Volume Dominance: https://twitter.com/haydenzadams/status/1398757151850573830?s=20 
V3 Competition: https://twitter.com/haydenzadams/status/1398757151850573830?s=20 
24:25 Flippening Tracker
https://twitter.com/lars0x/status/1399734913218355201?s=20 

28:15 RELEASES
29:30 Arbitrum Launch
https://offchain.medium.com/introducing-arbitrum-one-our-mainet-beta-ed0e9b63b435 
34:17 Coinbase, Visa, Apple, Google
https://www.theblockcrypto.com/linked/106825/coinbase-links-its-visa-debit-card-with-apple-pay-google-pay 
35:40 Gnosis & Erigon Client
https://twitter.com/gnosispm/status/1400092066483421186?s=21 
36:45 Argent Uniswap Multicall
https://www.argent.xyz/blog/uniswap-multicall/ 
38:38 MakerDAO Multi-Chain
https://forum.makerdao.com/t/a-multichain-strategy-and-roadmap-for-maker/8380 

41:10 NEWS
41:20 Uniswap Makes CCTV!
https://twitter.com/haydenzadams/status/1400137814923218944?s=21 
42:50 Yuan on Ethereum?
https://www.coindesk.com/ex-head-of-chinas-digital-yuan-effort-says-cbdcs-could-operate-on-ethereum 
45:40 Goldman Sachs Flippening?
https://markets.businessinsider.com/currencies/news/ether-high-chance-eclipsing-bitcoin-dominant-store-value-eth-btc-2021-5-1030464237 
46:17 MATIC & Bitwise
https://twitter.com/BitwiseInvest/status/1399822479795838982?s=20 
49:14 Virtual Land on Ethereum
https://metaversal.banklesshq.com/p/how-to-get-virtual-land-on-ethereum 
52:25 Bitcoin Car
https://twitter.com/NBCSportsPR/status/1400109891952549889?s=20 
55:07 Bitconnect Charged
https://www.sec.gov/news/press-release/2021-90 
56:20 India Rolling Back Regulations
https://twitter.com/balajis/status/1399368671194091520?s=20 
57:22 News Quick Bites
Beacon Chain: https://twitter.com/sassal0x/status/1399734788601171972?s=20 
Circle Investment: https://cointelegraph.com/news/stablecoin-company-earns-record-level-investment-sum-for-a-crypto-outfit 
Unicode ETH Character: https://twitter.com/drakefjustin/status/1397930556763955200 

1:00:00 TAKES
1:02:00 Crypto Pays to be Online
https://twitter.com/cooopahtroopa/status/1398053971718152193?s=21 
1:03:55 Long or Short Civilization
https://twitter.com/hamandcheese/status/1398370867344781323?s=20 
1:07:30 Price Affects Security
https://twitter.com/drakefjustin/status/1400137477680209921?s=20 
1:09:26 Price Equals Security
https://twitter.com/scott_lew_is/status/1400165219364708356?s=20 
1:12:03 Decoupling over Eras
https://twitter.com/zhusu/status/1400334090323206144?s=20 

1:14:30 What David’s Excited About
1:18:04 What Ryan’s Excited About

1:21:48 MEME OF THE WEEK
https://twitter.com/nanexcool/status/1398260516582211585?s=20 

1:22:45 Closing & Disclaimers

-----
Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures 

SotN #48 - Arbitrum LAUNCH, w/ Arbitrum Team02 Jun 202101:38:26

Arbitrum is one of Ethereum's hottest L2 scaling solutions, and it has LAUNCHED
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📣 KYBER | DeFi’s First Dynamic Market Maker Protocol
https://bankless.cc/kyber 
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State of the Nation #48: Arbitrum LAUNCH
Guests:
Co-Founder & CEO: Steven Goldfeder
CTO: Harry Kalodner

Steven Goldfeder is Co-founder and Chief Executive Officer at Offchain Labs. He holds a PhD from Princeton University, where he worked at the intersection of cryptography and cryptocurrencies. Harry Kalodner is Co-Founder and Chief Technology Officer at Offchain Labs, where he leads the engineering team. Before Offchain, he attended Princeton as a PhD candidate, where his research explored economics, anonymity, and incentive compatibility of cryptocurrencies.

Arbitrum released its Mainnet for Developers last Friday. This is an EVM-Compatible Layer 2 Optimistic Rollup, which allows for scaling Ethereum's app layer without sacrificing layer 1 Ethereum security & consensus. This is a massive step forward for the blockchain space and a culmination of years of technical research and testing. This is a milestone in effectively scaling blockchains, while maintaining core cypherpunk values.

There are tremendous opportunities and possibilities in this new digital real estate. This hub of optimized blockspace keeps the economic security guarantees of Ethereum and poses to greatly improve the DeFi user experience. To scale to a billion users, projects like Arbitrum need to earn legitimacy and demonstrate efficacy as the Ethereum ecosystem continues to mature. In the immediate term, the next few months will be exciting to watch - will we see a DeFi Layer 2 Summer?

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Resources:

Arbitrum:
https://arbitrum.io/ 
Arbitrum Twitter: 
https://twitter.com/arbitrum?s=20 
Arbitrum Discord:
http://discord.gg/5KE54JwyTs 

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Topics Covered:

0:00 Buffer
0:30 Intro
9:48 Arbitrum's Steven and Harry
13:00 Shipping A Layer 2 Product
17:51 A Fair Launch, Equal Opportunity
21:36 Migrating dApps to Layer 2
25:43 A Flourishing Ecosystem
29:17 Bridging the User Experience
33:16 Different than a Sidechain
36:50 Layer 2 ETH Fees
41:10 Resources & Scaling
47:03 Delay Period for Exiting
54:11 Complexity of Rollups
58:30 A Digital Nation-State
1:06:23 Ether is the Reserve Currency
1:11:23 Layer 2 DeFi Summer
1:16:30 Chainlink and Arbitrum
1:20:54 Squeezing the MEV Balloon
1:25:28 Predictions, DeFi Summer
1:30:50 Final Thoughts
1:36:38 Closing & Disclaimers

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Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures 

67 - The Altcoin Slayer | Eric Wall31 May 202102:03:19

Eric Wall is a prominent thinker and contrarian in the crypto space. He has an independent mind and is unafraid to bust through groupthink and act as an ideological razor for the crypto community.

In this episode, Eric dives deeply into a variety of profound takes on Bitcoin, Ethereum, and his approach to the community.

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http://bankless.cc/uniswap 

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Bankless Podcast #66: The Altcoin Slayer
Guest: Eric Wall

Eric Wall is CIO of Arcane Assets, and a well-known (and often infamous) writer and thinker in the crypto space. He has engaged in arguments with camps and tribes throughout the space, remaining unapologetically independent and committed to his values. Though a Bitcoiner at heart, Eric has come around on Ethereum as the ecosystem has matured.

In this episode, we dive into values and the ethos of crypto that Eric fights for. As a principled believer in trustless systems and decentralization, Eric walks through many of the big-picture obstacles and accomplishments of the crypto space. Viewing this landscape with a digital biologist's lens, we address these projects as digital organisms, following many of the same laws we see in nature. Wherever organisms exist, Darwin is nearby.

Eric brings a refreshing and unfiltered set of takes to the Bankless Podcast, reminiscent of other independent thinkers we've had on like Hasu. Regardless of your opinions on Eric, he represents an important part of the blockchain conversation. He serves as an ideological razor, giving no one the benefit of the doubt and prioritizing accountability and earned legitimacy.

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Topics Covered:

0:00 Intro
4:45 Eric Wall, the Altcoin Slayer
7:45 The Term “Trustless”
16:58 Eric’s Approach to Crypto
22:50 Networks are Organisms
31:50 Survival of the Fittest
41:50 Bitcoin vs Layer 2
59:15 Tribes vs Facts
1:06:30 Eric’s ETH Journey
1:21:43 Thoughts on Proof of Stake
1:31:14 Is ETH Money?
1:40:58 What ETH Gets Wrong
1:53:55 Navigating the Frontier
2:01:00 Closing & Disclaimers

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Resources:

Eric on Twitter
https://twitter.com/ercwl?s=20 
Proof of Stake is Less Wasteful
https://ercwl.medium.com/proof-of-stake-is-less-wasteful-b2854a191766#:~:text=Image%20of%20a%20diesel%20generator,ever%20had%20on%20the%20platform
ETH is Irreplaceable
https://newsletter.banklesshq.com/p/eth-is-irreplaceable 

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Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures 

Friday 5/29 Livestream w/ David & Anthony Sassano29 May 202101:07:12

Every week(ish), David and Anthony do a Friday Weekly Livestream to chat about the week in Ethereum, the markets, and whats coming in the short term future. 

Enjoy this unscripted conversation!

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BANKLESS SPONSOR TOOLS:

💰 GEMINI | FIAT & CRYPTO EXCHANGE
https://bankless.cc/go-gemini 

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👻 AAVE | LEND & BORROW ASSETS
https://bankless.cc/aave 

🦄 UNISWAP | DECENTRALIZED FUNDING
http://bankless.cc/uniswap 

-----
Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures 

ROLLUP: 4th Week of May (Uniswap WSJ | Arbitrum Launch | Gamestop NFT)28 May 202101:45:19

Download the crypto meta to your brain in this weekly show.

3rd Week of May, 2021

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BANKLESS SPONSOR TOOLS:

💰 GEMINI | FIAT & CRYPTO EXCHANGE
https://bankless.cc/go-gemini 

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👻 AAVE | LEND & BORROW ASSETS
https://bankless.cc/aave 

🦄 UNISWAP | DECENTRALIZED FUNDING
http://bankless.cc/uniswap 

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Topics Covered:

0:00 Intro

0:45 MARKETS
1:20 BTC Price
2:13 ETH Price
7:13 ETH/BTC
8:38 ETH Volumes Big
https://twitter.com/RyanWatkins_/status/1397385373580398594?s=20 
10:18 DeFi Action
https://defipulse.com/ 
https://messari.io/asset/defipulse-index 
https://www.tradingview.com/symbols/DPIWETH/?exchange=UNISWAP 
12:39 The System Didn’t Break
https://twitter.com/raoulgmi/status/1397172575810228225?s=21 
16:15 Big Week for DeFi
https://twitter.com/jack_clancy93/status/1395399566644682757?s=20 
17:18 Tornado Flippen Zcash?
https://twitter.com/ameensol/status/1395534483202269187?s=19 
21:52 YFI Price Earnings
https://twitter.com/bantg/status/1396457032996245505?s=20 
24:05 Stablecoin Settlements Big
https://twitter.com/dmihal/status/1397124171050668033?s=20 

26:00 RELEASES
28:00 Arbitrum Launching
https://www.coindesk.com/ethereum-scaler-arbitrum-is-launching-friday-with-developer-support-from-alchemy 
31:10 Uniswap on Arbitrum
https://twitter.com/haydenzadams/status/1397675094001045508?s=21 
32:42 Optimistic Etherscan
https://optimismpbc.medium.com/integrating-etherscan-24a3811a765c 
34:45 ETH’s Value on L2
https://twitter.com/hiljis/status/1397697744370900994?s=21 
42:15 Polygon SDK
https://twitter.com/0xPolygon/status/1397558139256377345 
44:38 Gitcoin DAO
https://shows.banklesshq.com/p/-sotn-47-gitcoin-dao-and-gtc-token 
46:11 Coinbase Institutional
https://blog.coinbase.com/coinbase-institutional-is-proud-to-announce-the-unveiling-of-our-new-prime-offering-9790e068f0a9 

47:20 NEWS
47:30 Carl Icahn: ETH is Money
https://www.zerohedge.com/crypto/crypto-here-stay-carl-icahn-may-take-relatively-big-stake-digital-currency-space-prefers-eth 
50:44 Ray Dalio Prefers BTC to Bonds
https://www.bloomberg.com/news/articles/2021-05-24/bridgewater-s-ray-dalio-says-he-prefers-bitcoin-to-bonds 
53:19 “China Bans Bitcoin”
https://www.cnbc.com/2021/05/26/major-china-bitcoin-mining-hub-lays-out-harsher-crackdown-measures.html 
57:44 Cuban Tracker: Polygon
https://www.coindesk.com/mark-cuban-invests-in-ethereum-layer-2-polygon 
59:51 Gamestop NFT
https://nft.gamestop.com/ 
1:02:24 Bitcoin, Michael Taylor, and Elon
https://twitter.com/michael_saylor/status/1396915801492439044?s=20 
Take:  https://twitter.com/nanexcool/status/1397000162459930624?s=20 
1:07:15 Businesses Must Report
https://www.coindesk.com/us-treasury-calls-for-businesses-to-report-crypto-transfers-of-10k-to-the-irs 
1:10:14 FED Digital Currency
https://twitter.com/CNBCnow/status/1395440279004618760?s=20 
1:12:08 Coinbase 🤝 Goldman
https://www.theblockcrypto.com/linked/105853/coinbase-former-goldman-sachs-faryar-shirzad-chief-policy-officer 
1:13:35 Quick Bites 
PayPal: https://www.coindesk.com/paypal-will-let-customers-withdraw-crypto-exec-says 
Apple? https://www.coindesk.com/apple-is-looking-for-crypto-experience-in-alternative-payments-job-post?amp=1&__twitter_impression=true&s=09 
1confirmation: https://www.coindesk.com/crypto-vc-1confirmation-raises-125m-for-third-fund 
COIN: https://www.cnbc.com/2021/05/24/coinbase-stock-initiation-goldman-sachs.html 

1:16:00 TAKES
1:17:00 Anti-Crypto Bag Bias
https://twitter.com/cburniske/status/1395457904027869184?s=21 
1:23:25 Volatility is not Unhealthy
https://twitter.com/MichaelIppo/status/1395452094556086285?s=20 
1:24:00 DeFi Protocols are Michael Saylor
https://twitter.com/RyanSAdams/status/1397161855387308032?s=20 
1:27:50 Money Game Landscape
https://newsletter.banklesshq.com/p/ethereum-the-money-game-landscape 
1:29:40 The Cycle
https://twitter.com/tbr90/status/1397185395603935232?s=21 
1:32:23 Rethink Work
https://twitter.com/nateliason/status/1397719837204418561?s=20 
1:33:52 There be Monsters
https://twitter.com/udiWertheimer/status/1397738091452981248?s=20 

1:35:40 What David’s Excited About

1:38:00 What Ryan’s Excited About

1:41:45 MEME OF THE WEEK
https://twitter.com/EthereumMemes/status/1397268903198400517/photo/1 

-----
Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures 

AMA - Liquity & LUSD | Founder Robert Lauko27 May 202101:01:04

Liquity is a new governance-minimized stablecoin on Ethereum!

Liquidity offers some competitive advantages over other decentralized stablecoins
- Low collateral requirements. Only 110% collateral is required vs MakerDAOs 150%
- Governance minimization. Liquity is attempting to be a protocol, not a platform. Thus, it is trying to minimize human discretion!
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BANKLESS SPONSOR TOOLS:

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🔀 BALANCER | EXCHANGE & POOL ASSETS
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👻 AAVE | LEND & BORROW ASSETS
https://bankless.cc/aave 

🦄 UNISWAP | DECENTRALIZED FUNDING
http://bankless.cc/uniswap 

-----

Resources:

Liquity
https://www.liquity.org/ 

Robert Lauko on Twitter
https://twitter.com/robert_lauko?s=20 

-----
Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures 

SotN #47 - Gitcoin DAO & $GTC token, with Kevin Owocki26 May 202101:04:35

Gitcoin is turning itself into Gitcoin DAO, governed by the community and GTC holders!

Come learn all about Gitcoin DAO, GTC distribution, and the responsibilities of the governors!

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https://bankless.cc/go-gemini 

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👻 AAVE | LEND & BORROW ASSETS
https://bankless.cc/aave 

🦄 UNISWAP | DECENTRALIZED FUNDING
http://bankless.cc/uniswap 
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State of the Nation #47: Gitcoin DAO & $GTC token
Guest: Kevin Owocki

In this week's State of the Nation, we bring on Kevin Owocki to discuss the decentralization and DAO-ization of public goods funding platform Gitcoin, and the launch of their $GTC token. Kevin is the former benevolent dictator (CEO) of Gitcoin and a General in the war against Moloch (human coordination failure).

The purpose of Gitcoin is to provide a platform for open-source software developers to acquire funding for their projects. Kevin mentions that open-source creates $500B in economic value yearly. In the crypto space, and on the internet at large, open-source development means that something is free to use, fork, or build on. This accessibility has been a driving force behind web development, and Gitcoin's mission is to create a business model for open-source software developers. Gitcoin has raised around $20M since its initial launch in November 2017.

Gitcoin DAO is seeking to meme itself into the Quadratic Lands, where public goods are well-funded and digital democracy reigns. As Gitcoin has grown, it has come to the point in which a DAO is more well-served for Gitcoin's goals of activism and open-source development. Anti-fragility and distributing points-of-failure are key benefits of transitioning into a DAO. The alignment of incentives between the individual and society is crucial for optimizing capital efficiency and organically generating a better society.

GTC = Grow The Community

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Resources:

Coordination Failures
https://newsletter.banklesshq.com/p/know-thy-enemy-coordination-failures 

Claim GTC
https://newsletter.banklesshq.com/p/-alpha-alert-claim-gitcoin-token 

Gitcoin
https://gitcoin.co/ 

Quadratic Lands
https://gitcoin.co/quadraticlands/ 

Kevin on Twitter
https://twitter.com/owocki?s=20 

-----
Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures 

66 - Crypto’s Existential Threat | MEV Panel: Phil Daian, Georgios Konstanopolus, Charlie Noyes24 May 202101:51:48

Phil Daian is a researcher and software engineer and is leading the charge into mapping MEV with the Flashbots Project. Georgios Konstantopoulos and Charlie Noyes are both partners at Paradigm.

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Bankless Podcast #66: MEV Panel
Guests: Charlie Noyes, Phil Daian, & Georgios Konstantopolous

In this State of the Nation, we bring on big-brain experts behind projects like Paradigm and Flashbots to explain the complex but critical topic of MEV - commonly known as Miner Extractable Value, but as discussed in this episode, Maximum Extractable Value is a more appropriate descriptor. MEV is arguably the single most important unsolved problem in the crypto space.

In the context of incentives and network security, MEV generally refers to the ability of miners & validators to take advantage of their position as securers of the network. Blocks are verified by single entities, and these block producers have tremendous power when they are the ones adding a particular block to the blockchain. We refer to this instance as ‘God-Mode,’ in which a node has the power to assemble & order transactions at will. The threat here is the potential gaps between what is best for the network and what is best for the node.

As an internal and unbounded threat to blockchains, solving the problems that MEV presents is critical to maintaining proper consensus and ensuring decentralization and permissionless access. We take a deep dive into potential solutions, and the impact of EIP-1559 and Proof-of-Stake on MEV. Dive in to learn why despite the challenges ahead, Charlie says:

“In the absence of certainty, I’m willing to take the optimistic perspective.”

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Resources:

Phil on Twitter
https://twitter.com/phildaian?s=20 
Georgios on Twitter
https://twitter.com/gakonst?s=20 
Charlie on Twitter
https://twitter.com/_charlienoyes?s=20 
Exploring Ethereum’s Dark Forest with Dan Robinson
https://youtu.be/MtpRDqrCfbc 
Investing in DeFi Paradigms with Charlie Noyes
https://youtu.be/dQOhbb5HmLA 

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Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures 

Crypto Markets Forever Stuck? Onchain Data Explained | Michael Nadeau’s Defi Report #202 Jul 202501:05:22
Crypto prices seem stuck. Is that about to change? Michael Nadeau of the DeFi Report returns to unpack what onchain data says about Bitcoin, ETH, and altcoins. We dive into why the market may be coiling beneath the surface, whether altcoins are due for a “hate rally,” and how valuation metrics reveal surprising accumulation trends. Michael also shares his current portfolio moves, including high-beta bets like Pepe and ENA, and lays out the macro triggers that could spark the next leg up. Michael Nadeau & The DeFi Report: https://x.com/JustDeauIt https://thedefireport.io --- 📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24 https://bankless.cc/spotify-premium --- BANKLESS SPONSOR TOOLS: 🪙FRAX | SELF SUFFICIENT DeFi https://bankless.cc/Frax 🦄UNISWAP | SWAP ON UNICHAIN https://bankless.cc/unichain 🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle 🟠 BINANCE | THE WORLDS #1 CRYPTO EXCHANGE https://bankless.cc/binance --- TIMESTAMPS 0:00 Intro 2:19 The HODLer's Fallacy: Rethinking Conviction in a Naturally Extractive Market https://mirror.xyz/sreevanth.eth/6unQ_oX9sQFkvjPi3yehVi6M7Ak2t1V5hzyWYs9yUi4 7:03 BTC Onchain Data & Price Explanation 15:23 Altcoin Season Index 23:24 ETH & Solana Onchain Data 32:30 Beta Assets Bull Case 38:46 Ethena Memo https://thedefireport.io/research/ethena-memo 51:14 Crypto Equities 55:45 Liquity & The Macro Setup 1:00:53 Michael’s Portfolio Today 1:02:31 How to Value an L1 https://thedefireport.io/research/how-do-you-value-an-l1 1:02:53 Quarterly Reports 1:04:40 Closing & Disclaimers --- Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures
📺 ROLLUP: 3rd Week of May (Dip Week, The Rise of Polygon, Elon Crypto, Coinbase Outage, China)21 May 202101:25:29

Download the crypto meta to your brain in this weekly show. Rug Week.

3rd Week of May, 2021

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https://bankless.cc/aave 

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http://bankless.cc/uniswap 

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📣REGISTER FOR COINDESK CONSENSUS 2021 AND SAVE $20 W/ BANKLESS
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Topics Covered:

0:00 Intro

4:08 MARKETS
4:18 BTC Price
5:25 ETH Price
6:50 ETH/BTC
8:05 Going a Full Cycle
12:00 What Caused the Dip?
https://twitter.com/BTCization/status/1395053801061634049?s=20 
18:40 The Rektoning
https://twitter.com/dytfin/status/1395007097461477379?s=21 
20:30 Now vs 2013
https://twitter.com/raoulgmi/status/1395150660660862987?s=21 
22:20 Exchange Outages
https://www.theblockcrypto.com/linked/105366/exchanges-outages-market-volatility-eth 
22:57 DeFi Action
24:26 Greed & Fear Index
https://alternative.me/crypto/fear-and-greed-index/ 
27:00 EIP-1559 Bullish
https://twitter.com/hasufl/status/1395006497164308480?s=20 

29:07 RELEASES
30:30 Uniswap V3 Success
https://imgur.com/H53upPS 
33:50 Slingshot Launch
https://app.slingshot.finance/trade/m/MATIC/USDC 
35:14 Coinbase Wallet Extension
https://twitter.com/coinbase/status/1394369329408454668?s=20 
37:05 Miso
https://miso.sushi.com/ 

41:40 NEWS
41:55 Erratic Elon Musk
https://twitter.com/elonmusk/status/1393995872413888518?s=20 
https://twitter.com/elonmusk/status/1395352073550532613?s=20 
48:07 The Rise of Polygon
https://twitter.com/SushiSwap/status/1393215036076658688?s=20 
https://www.delphidigital.io/reports/polygon-the-swiss-army-knife-of-scaling-solutions/ 
https://twitter.com/0xPolygon/status/1395047808860708870?s=20 
57:48 Sleuthing Mark Cuban
https://twitter.com/0xBay/status/1393987720649662464?s=20 
58:38 Cathie Wood & ETH
https://twitter.com/RyanSAdams/status/1394761387302432769?s=20 
59:50 Ebay NFT Sales
https://www.theblockcrypto.com/linked/104508/ebay-offering-nft-sales 
1:00:18 BlockFi BTC Oops
https://www.coindesk.com/blockfi-botches-promo-outsized-bitcoin-reward-payments 
1:02:15 China Crypto Stance
https://www.theblockcrypto.com/linked/105190/china-self-regulatory-organizations-crypto 
1:03:25 Bank of America on Ethereum
https://blockworks.co/bank-of-america-leans-into-blockchain-to-speed-settlements/?oly_enc_id=9918E2523689A0T 
1:04:05 Wells Fargo & Crypto?
https://cointelegraph.com/news/wells-fargo-investment-institute-to-onboard-crypto-clients-by-next-month 
1:04:22 BSC Instability
https://twitter.com/ProofOfBags/status/1395235478216060935?s=20 
1:06:40 News Quick Bites
https://www.microstrategy.com/en/investor-relations/financial-documents/microstrategy-acquires-additional-10m-in-bitcoin-at-average-price-of-43-663_05-18-2021 
https://thedefiant.io/yearn-finance-seizes-dip-and-buys-back-1-47m-of-yfi-token/ 
https://twitter.com/ProofOfBags/status/1395235478216060935?s=20 
https://twitter.com/argentHQ/status/1394584739160469504?s=20 
https://blog.deversifi.com/deversifi-closes-oversubscribed-round-lead-by-parafi 
https://www.coindesk.com/defi-dashboard-zapper-raises-15m-to-build-on-platform-app-store 

1:09:40 TAKES
1:11:00 DeFi Summer Round 2
https://twitter.com/rewkang/status/1394788692749922304?s=21 
1:15:48 Dave Portnoy & Meme Coins
https://twitter.com/stoolpresidente/status/1394379356487757834?s=20 
https://twitter.com/RyanSAdams/status/1394402282658308100?s=20 
1:18:48 Volatility Scares Institutions
https://www.bloomberg.com/news/articles/2021-05-17/elon-musk-is-now-blowing-up-the-wall-street-case-for-bitcoin 

1:20:05 What David’s Excited About

1:21:17 What Ryan’s Excited About

1:23:10 MEME of the Week
https://twitter.com/NeerajKA/status/1395344179371421697?s=20 
https://twitter.com/DocumentEther/status/1394982948085116932?s=20 

1:24:15 Closing & Disclaimers

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Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures 

65 - Crypto, Legacy, and Value | Mark Yusko17 May 202101:48:12

Mark Yusko has been at the forefront of institutional investing throughout his career, in both the legacy and crypto. He is the Founder, CEO and Chief Investment Officer of Morgan Creek Capital Management.

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Bankless Podcast #65 - Crypto, Legacy, and Value
Guest: Mark Yusko

Mark W. Yusko is a seasoned investor in both traditional and crypto finance, and is the managing partner of Morgan Creek Capital. Notably, he is also an avid fan of Pokemon Go. In this episode, Mark provides a deep and logical basis for a sound decision matrix in the world of investing. He emphasizes broad narrative context, addressing themes reminiscent of our episode with historian Joshua Rosenthal on 'The Crypto Renaissance.'

Mark explores the speculative frenzy in the markets and how it is indicative of a fiat-based financial system that has run its course. Continuous printing has gameified the economy, and crony capitalism has created an environment where you are either in or you're out. If you're in, then you're an incumbent who is incentivized to maintain the status quo. The centralization of power makes progress hard and proper equity even harder.

As a long-term investor who prioritizes values & principles, Mark discusses money as a shared illusion, and notes that value is relative. He presents salient takes on crypto's role in the broad shifts driven by the inevitable failing of incumbent institutions. His worldview feels compatible with the Bankless narrative, and towards the end of the episode, we discuss how Ethereum fits into all of this.

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Resources:

Mark on Twitter:
https://twitter.com/MarkYusko?s=20 

Morgan Creek Capital:
https://www.morgancreekcap.com/ 

-----
Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures 

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