In this week's State of the Nation, we bring on Jeff Dorman, Chief Investment Officer and Arca, to measure the magnitude of $COIN on the public markets. State of the Nation is live-streamed on Tuesdays at 11am PST. ------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/  🎖 CLAIM YOUR BADGE: https://newsletter.banklesshq.com/p/-guide-2-using-the-bankless-badge  ------ BANKLESS SPONSOR TOOLS: 💰 GEMINI | FIAT & CRYPTO EXCHANGE https://bankless.cc/go-gemini  🦊 METAMASK | DEFI PASSPORT https://bankless.cc/metamask  🦄 UNISWAP | DECENTRALIZED FUNDING http://bankless.cc/uniswap  🔀 BALANCER | EXCHANGE & POOL ASSETS https://bankless.cc/kwenta  ------ 📣 DHARMA | From Dollars to DeFi in a Tap! https://bankless.cc/dharma  ------ State of the Nation #43: Coinbase Goes Direct Guest: Jeff Dorman Jeff Dorman is Chief Investment Officer at Arca, the digital asset management firm. Jeff leads the investment committee, focusing on risk management for cryptoassets. His work history in both legacy and crypto finance puts him in a unique position to work as a bridge between the two worlds. The Coinbase Direct Listing also acts as a bridge between the two worlds, and it's undoubtedly a landmark event for the legitimization of the crypto industry. What does this mean for the Banks, Fintech, and Wall Street? What does it mean for Gemini, Uniswap, and Binance? The first item to discuss to answer these questions is how the media and crypto twitter alike were off in their interpretation of this event. The volatile price action in the first moments of the listing were surprising to many, but Jeff explains that this shouldn't be surprising at all, given that there are no underwriters or built-in stability in a direct listing like $COIN's. He expects that there will be volatility and price discovery over a longer stretch of time before the stock moves to a more stable valuation. ------ Resources: Jeff's Article on Coinbase: https://www.ar.ca/blog/crypto-market-recap-02-28-21  Arca: https://www.ar.ca/  Jeff on Twitter: https://twitter.com/jdorman81?s=20  $COIN Price https://www.tradingview.com/chart/?symbol=NASDAQ%3ACOIN  Coinbase S1 Filings: https://www.sec.gov/Archives/edgar/data/1679788/000162828021003168/coinbaseglobalincs-1.htm  Coinbase Analytics: https://www.theblockcrypto.com/data/crypto-markets/public-companies  ------ This Week on Bankless: 📛 Bankless Badge Week (4/20): https://newsletter.banklesshq.com/p/how-to-win-free-stuff-with-your-bankless  📈 Market Monday (4/19): https://newsletter.banklesshq.com/p/6-tips-to-succeed-in-this-bull-market  📖 Before Bitcoin (4/19): https://shows.banklesshq.com/p/-before-bitcoin-pet3rpan  🧢 Weekly Action Recap (4/17): https://newsletter.banklesshq.com/p/price-discovery-mode-weekly-recap  🗞️ Weekly Rollup (4/16): https://shows.banklesshq.com/p/-rollup-btc-and-eth-ath-coin-berlin  ----- 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 

Peter Pan has been a key member of the Ethereum Ecosystem, and in 2018, he wrote a 4-part series titled "Before Bitcoin," which covers the modern history of cryptography. We first bring him onto the podcast for an interview, followed by a reading of the full series by David. ------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/  🎖 CLAIM YOUR BADGE: https://newsletter.banklesshq.com/p/-guide-2-using-the-bankless-badge  ------ BANKLESS SPONSOR TOOLS: 💰 GEMINI | FIAT & CRYPTO EXCHANGE https://bankless.cc/go-gemini  🦊 METAMASK | DEFI PASSPORT https://bankless.cc/metamask  🦄 UNISWAP | DECENTRALIZED FUNDING http://bankless.cc/uniswap  🔀 BALANCER | EXCHANGE & POOL ASSETS https://bankless.cc/balancer  ------ 📣 DHARMA | From Dollars to DeFi in a Tap! https://bankless.cc/dharma  ------ Bankless Podcast #61 - Before Bitcoin Guest: Pet3rPan Pet3rPan is a community-first investor at 1kx and part of the leadership of both MetaCartel Ventures and VentureDAO. His involvement in the crypto space is broad and deep, exemplified by his authoring of the Before Bitcoin series that we dive into in this episode. He was compelled to write the piece as he entered the crypto space, determined to build a depth of knowledge about the history and underlying technology of distributed ledgers powered by public-key cryptography. Modern cryptography doesn't exist in a vacuum, and there is a vast historical landscape to explore and provide context for the underlying principles that power the internet today and drive the innovation of the internet tomorrow. The story of today's cryptocurrency did not begin with Satoshi's Bitcoin whitepaper in 2009. It began decades earlier in the 1970s as cryptography was revolutionized by Cypherpunks, who discovered new mechanisms for the secure transfer of information. They pursued these ends through their shared values of privacy, self-sovereignty, freedom of information, etc. This episode begins with a brief interview with Pet3rPan, followed by a 'David Reads' of all four Before Bitcoin articles. ------ Resources: pet3rpan on Twitter: https://twitter.com/pet3rpan_?s=20  Before Bitcoin Part 1: https://pet3rpan.medium.com/history-of-things-before-bitcoin-cryptocurrency-part-one-e199f02ca380  Before Bitcoin Part 2: https://pet3rpan.medium.com/history-of-things-before-bitcoin-cryptocurrency-part-two-94c4576005   Before Bitcoin Part 3: https://pet3rpan.medium.com/before-bitcoin-pt-3-90s-cryptowars-e857915fab82  Before Bitcoin Part 4: https://pet3rpan.medium.com/before-bitcoin-pt-4-00s-new-millenium-426d6e3dcb1a  The Digital Culture Revolution: https://newsletter.banklesshq.com/p/the-digital-culture-revolution  ------ This Week on Bankless: 🧢 Weekly Action Recap (4/17): https://newsletter.banklesshq.com/p/price-discovery-mode-weekly-recap  🗞️ Weekly Rollup (4/16): https://shows.banklesshq.com/p/-rollup-btc-and-eth-ath-coin-berlin  🏴 Cryptex & Element (4/13): https://shows.banklesshq.com/p/sotn-42-ethereum-devs-building-defi  ⚒️ How to Use dYdX (4/13): https://newsletter.banklesshq.com/p/how-to-trade-on-the-dydx-rollup  ----- 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 

Download the crypto meta to your brain in this weekly show. ------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/  🎖 CLAIM YOUR BADGE: https://newsletter.banklesshq.com/p/-guide-2-using-the-bankless-badge  ------ BANKLESS SPONSOR TOOLS: 💰 GEMINI | FIAT & CRYPTO EXCHANGE https://bankless.cc/go-gemini  🦊 METAMASK | DEFI PASSPORT https://bankless.cc/metamask  🦄 UNISWAP | DECENTRALIZED FUNDING http://bankless.cc/uniswap 🔀 BALANCER | EXCHANGE & POOL ASSETS https://bankless.cc/balancer   ------ 📣 DHARMA | From Dollars to DeFi in a Tap! https://bankless.cc/dharma  ------ Topics Covered: Compound TVL https://twitter.com/defipulse/status/1380889501283799042  $COIN Price https://www.tradingview.com/symbols/NASDAQ-COIN/  Who’s Buying COIN? https://www.theblockcrypto.com/linked/101760/cathie-wood-ark-246-million-coinbase-stocks  RELEASES Maker / AAVE Proposal https://forum.makerdao.com/t/discussion-direct-deposit-dai-module-d3m/7357  Gas Fees Down? https://twitter.com/0xEther/status/1381513763661176834?s=20  Binance Tokenized Stonks https://www.theblockcrypto.com/post/101335/binance-launches-tokenized-stock-trading-tesla  Raid Guild Smart Invoice https://medium.com/raid-guild/introducing-smart-invoice-211776245a0b  NEWS Coinbase Public Listing https://www.sec.gov/Archives/edgar/data/1679788/000162828021003168/coinbaseglobalincs-1.htm  Coinbase Giving Shares to Employees https://twitter.com/CoinDesk/status/1382163782315704322?s=20  Ethereum Berlin https://blog.ethereum.org/2021/03/08/ethereum-berlin-upgrade-announcement/  JPM & Mastercard invest in Consensys https://www.coindesk.com/ethereum-hub-consensys-raises-65m-from-big-banks-and-blockchain-builders  Gitcoin Raise https://twitter.com/gitcoin/status/1382411085161099265  dYdX L2 Volume https://imgur.com/a/nFdygKj  MakerDAO Real World Assets https://twitter.com/nomos_paradox/status/1381684052969721856?s=20  Epic Games Raises $1B for NFTs https://venturebeat.com/2021/04/13/epic-games-raises-1-billlion-to-fund-long-term-metaverse-plans/amp/  41:20 Immutable Integrations https://twitter.com/Immutable/status/1382548807083204610  Regulation https://www.theblockcrypto.com/linked/101595/us-senate-confirms-gary-gensler-as-joe-bidens-sec-commissioner  https://www.theblockcrypto.com/linked/101553/sec-peirce-token-safe-harbor-update  HSBC Bans Crypto https://twitter.com/cameron/status/1380526047188369409?s=21  TAKES WSB Allows Crypto https://twitter.com/cyounessi1/status/1382519260392591361  Hard to Use ETH? https://twitter.com/RyanSAdams/status/1381618315513200643?s=20  NYSE vs. Uniswap https://twitter.com/haydenzadams/status/1381677367358283783  “Thereum” https://twitter.com/ryansadams/status/1382701166757347350?s=21  How Long Bull Market? https://twitter.com/ryansadams/status/1382503698442678273?s=21  ETH Killers vs. Infrastructure https://twitter.com/JimmyRagosa/status/1381613502276775946?s=20  Vitalik on Maximalism https://twitter.com/BanklessHQ/status/1381468493317505028?s=20  ------ This Week on Bankless: 🏴 SotN w/ Cryptex & Element (4/13: https://shows.banklesshq.com/p/sotn-42-ethereum-devs-building-defi  ⚒️ How to Use dYdX (4/13): https://newsletter.banklesshq.com/p/how-to-trade-on-the-dydx-rollup  📈 Market Monday (4/12): https://newsletter.banklesshq.com/p/coinbase-week-market-monday  🎙️Podcast w/ Hester Peirce (4/12): https://shows.banklesshq.com/p/-the-sec-and-defi-hester-peirce  ----- 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 

Stefan Ionescu is a Founder of Reflexer Labs, the team behind the RAI stablecoin (or is it fair to even call it a stablecoin? Tune in to find out!) Like all our AMAs, the interview is live and incorporates questions from our Inner Circle Discord and live YouTube Chat. These are hosted the 2nd and 4th Wednesday each month, so mark your calendars, tune in, and ask questions! ------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/  🎖 CLAIM YOUR BADGE: https://newsletter.banklesshq.com/p/-guide-2-using-the-bankless-badge  ------ BANKLESS SPONSOR TOOLS: 💰 GEMINI | FIAT & CRYPTO EXCHANGE https://bankless.cc/go-gemini  🦊 METAMASK | DEFI PASSPORT https://bankless.cc/metamask  🦄 UNISWAP | DECENTRALIZED EXCHANGE http://bankless.cc/uniswap  🔀 KWENTA | SYNTHETIC ASSET EXCHANGE https://bankless.cc/kwenta  ------ Resources: Reflexer Labs: https://reflexer.finance/  Stefan on Twitter: https://twitter.com/stefan__ionescu?s=20  ------ This Week on Bankless: 🏴 SotN w/ Cryptex & Element (4/13: https://shows.banklesshq.com/p/sotn-42-ethereum-devs-building-defi  ⚒️ How to Use dYdX (4/13): https://newsletter.banklesshq.com/p/how-to-trade-on-the-dydx-rollup  📈 Market Monday (4/12): https://newsletter.banklesshq.com/p/coinbase-week-market-monday  🎙️Podcast w/ Hester Peirce (4/12): https://shows.banklesshq.com/p/-the-sec-and-defi-hester-peirce  🧢 Weekly Action Recap (4/10): https://newsletter.banklesshq.com/p/the-coinbase-tsunami-weekly-recap  🗞️ Weekly Rollup (4/9): https://shows.banklesshq.com/p/-rollup-coinbase-ipo-fei-protocol  ----- 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 

Both Preston Van Loon of Cryptex and Will Willanueva of Element Finance have helped build the Ethereum Protocol, but are now both working on DeFi apps. In this State of the Nation, we dive into what it's like for Ethereum Devs building DeFi. State of the Nations are Livestreamed on Tuesdays at 11am PST. ------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/  🎖 CLAIM YOUR BADGE: https://newsletter.banklesshq.com/p/-guide-2-using-the-bankless-badge  ------ BANKLESS SPONSOR TOOLS: 💰 GEMINI | FIAT & CRYPTO EXCHANGE https://bankless.cc/go-gemini  🦊 METAMASK | DEFI PASSPORT https://bankless.cc/metamask  🦄 UNISWAP | DECENTRALIZED EXCHANGE http://bankless.cc/uniswap  🔀 KWENTA | SYNTHETIC ASSET EXCHANGE https://bankless.cc/kwenta  ------ State of the Nation #42: Ethereum Devs Building DeFi Guests: Preston Van Loon & Will Villanueva Tremendous work has been (and is still being) done to develop Ethereum 2, and just as much innovation is happening in Ethereum's app layer, DeFi. In this week's State of the Nation, we bring on guys who have done both: Preston Van Loon and Will Villanueva. Preston Van Loon is a former Google software engineer who switched to crypto full-time after Vitalik put 1000 ETH into Prysmatic Labs, which Preston founded. Prysmatic labs is now the most popular ETH 2 client. Preston is also the co-founder of a brand new DeFi app ‘Cryptex’, which is a collateralized synthetic asset that tracks the total market cap of all crypto-assets. Will Villanueva is a former team member of the Quilt team at Consensys and contributed to a mountain of R&D on Ethereum sharding. Will is now the CEO of Element, which offers high yield fixed income for DeFi assets. Element works by breaking a single token into two different ones; a yield-bearing token, and a principle token. We brought both Will and Preston because their unique work histories of first helping build the Ethereum Protocol and now building DeFi apps. We discuss how their experiences have shaped their current projects, the trajectory of Ethereum and its app layer, and the timing of it all. "The Hardest Problems Draw the Smartest People." - Preston Van Loon ------ Resources: Cryptex: https://cryptex.finance/  Element Finance: https://element.fi/  Preston on Twitter: https://twitter.com/preston_vanloon?s=20  Will on Twitter: https://twitter.com/wjvill?s=20  ------ This Week on Bankless: ⚒️ How to Use dYdX (4/13: https://newsletter.banklesshq.com/p/how-to-trade-on-the-dydx-rollup  📈 Market Monday (4/12): https://newsletter.banklesshq.com/p/coinbase-week-market-monday  🎙️Podcast w/ Hester Peirce (4/12): https://shows.banklesshq.com/p/-the-sec-and-defi-hester-peirce  🧢 Weekly Action Recap (4/10): https://newsletter.banklesshq.com/p/the-coinbase-tsunami-weekly-recap  🗞️ Weekly Rollup (4/9): https://shows.banklesshq.com/p/-rollup-coinbase-ipo-fei-protocol 🏴 dYdX & StarkWare (4/6): https://shows.banklesshq.com/p/sotn-41-scaling-defi-with-dydx-and  ⚒️ How to Crypto Tax (4/6): https://newsletter.banklesshq.com/p/how-to-do-crypto-taxes-for-the-lazy  ----- 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 

Bankless Fan and SEC Commissioner Hester Peirce comes on the podcast to discuss tokens, DeFi, 'self-driving banks,' and regulation. ------ 🎙️ Bankless Podcasts On Mondays 🌟Early Access with Premium! https://banklesshq.com/nation/  🎖 If you're truly Bankless, CLAIM YOUR BADGE: https://newsletter.banklesshq.com/p/-guide-2-using-the-bankless-badge  🌟Rate the Bankless Podcast! https://podcasts.apple.com/us/podcast/bankless/id1499409058 ------ BANKLESS SPONSOR TOOLS: 💰 GEMINI | FIAT & CRYPTO EXCHANGE https://bankless.cc/go-gemini  🦊 METAMASK | DEFI PASSPORT https://bankless.cc/metamask  🦄 UNISWAP | DECENTRALIZED EXCHANGE http://bankless.cc/uniswap  🔀 KWENTA | SYNTHETIC ASSET EXCHANGE https://bankless.cc/kwenta  ------ Bankless Podcast #60 - SEC & DeFi Guest: Hester Peirce Hester Peirce is one of five SEC Commissioners and has been a knowledgable advocate for crypto as the world works out how to regulate the budding industry. The main goals of the Security & Exchange Commission are threefold – to protect investors; maintain fair, orderly, and efficient markets; and facilitate capital formation. The SEC governs far more than crypto, but increasing attention is coming to the space as capital gravitates into it. Regulating crypto begins with officially establishing the asset class, e.g. currencies, capital assets, commodities, equities, et al. The next step is giving these assets legitimacy in existing financial institutions through exchange-traded products like a Bitcoin ETF. Below the base money layer, there exists Layer 0, the social layer. Layer 0 must be willing to officially play ball with the cryptoeconomy, and that's what makes regulators like Hester so important. The net optimization of these layers makes for an unequivocally better society: a more inclusive, equitable, and efficient one. Hester believes in governing principles, not specific technologies. It's important here to remember the three main goals of the SEC. The value propositions of crypto – providing a permissionless, trustless, and verifiable means to transact – are in accord with the values of a free state. The role of government is to encourage and protect mutually beneficial, voluntary engagement among citizens. Although the harmony between crypto's core values and those of a free state are readily apparent to a seasoned Bankless listener, the rest of Layer 0 must still be convinced. Crypto is a frontier with infinite possibilities, and effectively regulating such an ecosystem is a massive task. However, based on this conversation, there seem to be many reasons to be optimistic about the future of Crypto & DeFi regulation. ------ Resources: 🚀 Atomic Trading 🚀 https://www.sec.gov/news/speech/peirce-atomic-trading-2021-02-22  Get Ready For Self-Driving Banks https://www.ft.com/content/c1caca5b-01f7-41be-85a4-3ecb883f2417  Gary Gensler MIT Crypto Course https://youtube.com/playlist?list=PLUl4u3cNGP63UUkfL0onkxF6MYgVa04Fn  Hester on Twitter: https://twitter.com/HesterPeirce?s=20  ------ This Week on Bankless: 🧢 Weekly Action Recap (4/10): https://newsletter.banklesshq.com/p/the-coinbase-tsunami-weekly-recap  🗞️ Weekly Rollup (4/9): https://shows.banklesshq.com/p/-rollup-coinbase-ipo-fei-protocol  🏴 dYdX & StarkWare (4/6): https://shows.banklesshq.com/p/sotn-41-scaling-defi-with-dydx-and  ⚒️ How to Crypto Tax (4/6): https://newsletter.banklesshq.com/p/how-to-do-crypto-taxes-for-the-lazy  ----- 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. Do your own research. Disclaimer: The views expressed in the episode are those of Hester Peirce, not the SEC nor any of her fellow commissioners. 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 

Download the crypto meta to your brain in this weekly show. Anthony Sassano's filling in for Ryan this week! Anthony on Twitter: https://twitter.com/sassal0x?s=20  The Daily Gwei: https://thedailygwei.substack.com/  ------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/  🎖 CLAIM YOUR BADGE: https://newsletter.banklesshq.com/p/-guide-2-using-the-bankless-badge  ------ BANKLESS SPONSOR TOOLS: 💰 GEMINI | FIAT & CRYPTO EXCHANGE https://bankless.cc/go-gemini  🦊 METAMASK | DEFI PASSPORT https://bankless.cc/metamask  🦄 UNISWAP | DECENTRALIZED EXCHANGE http://bankless.cc/uniswap  🔀 KWENTA | SYNTHETIC ASSET EXCHANGE https://bankless.cc/kwenta  ------ Topics Covered: Intro MARKETS DAO Treasuries https://open-orgs.info/  RELEASES DCinvestor Newsletter ‘The Catalyst’ https://twitter.com/iamDCinvestor/status/1378378885516177409  Cryptex.Finance https://medium.com/cryptexfinance/introducing-ctx-governance-powering-the-tcap-protocol-c1b32ce084bc  dYdX on StarkWare https://shows.banklesshq.com/p/sotn-41-scaling-defi-with-dydx-and  MVI Index https://www.tokensets.com/portfolio/mvi  BED Proposal https://twitter.com/indexcoop/status/1380247275625197570?s=21  Alchemix Upgrade https://twitter.com/AlchemixFi/status/1379072309735026690?s=20  Fei Protocol https://twitter.com/bantg/status/1379755790496641025?s=20  Connext & Polygon https://youtu.be/g4YggCqyLrI  Coinbase https://www.theblockcrypto.com/linked/100235/coinbase-direct-listing-april-nasdaq  NEWS Cuban - ETH is Money DeFi Shopify https://twitter.com/tobi/status/1378116793370349569?s=21  1 Week Until Berlin Upgrade! https://ethernodes.org/berlin  Polygon Killing It https://twitter.com/CamiRusso/status/1379839772831662084?s=20  ETH 2 Merge https://twitter.com/drakefjustin/status/1379052831982956547?s=20  Immutable X https://twitter.com/GodsUnchained/status/1380008581718757379  SuperRare Raise https://medium.com/superrare/superrare-raises-9m-to-build-the-future-of-art-collecting-e2b3ded227e8  CryptoPunks on Christie’s https://twitter.com/ChristiesInc/status/1380236081472364550?s=20  Tom Brady NFT Platform https://www.cnn.com/2021/04/06/tech/tom-brady-nft-autograph/index.html  Overly Attached Girlfriend https://foundation.app/laina/overly-attached-girlfriend-17046  Grayscale ETF https://grayscaleinvest.medium.com/grayscales-intentions-for-a-bitcoin-etf-b11e4faf4c05  Rapid News https://twitter.com/michael_saylor/status/1379042960994668548?s=21  https://u.today/jpmorgan-adjusts-its-bitcoin-target-to-130000-predicting-strong-institutional-adoption'  https://www.theblockcrypto.com/post/100860/ledger-shopify-class-action-lawsuit-filed  https://twitter.com/sbf_alameda/status/1379791522908934146?s=21  TAKES Coinbase Takes https://twitter.com/econoar/status/1377849659058581507?s=21  https://twitter.com/jebus911/status/1380154418251849735?s=20  https://twitter.com/twobitidiot/status/1379968147739017216?s=20  Balancer & Algorand…? https://twitter.com/immutbl/status/1379503694476021763?s=20 Ethereum’s Event Horizon https://twitter.com/TrustlessState/status/1378488899849216002?s=20 What David is Excited About What Anthony is Excited About MEME Closing & Disclaimers ------ This Week on Bankless: 🧠 Decentralized VC (4/8): https://newsletter.banklesshq.com/p/decentralized-vc-will-eat-venture  ✏️ Index Coop (4/7): https://newsletter.banklesshq.com/p/building-a-decentralized-blackrock  🏴 dYdX & StarkWare (4/6): https://shows.banklesshq.com/p/sotn-41-scaling-defi-with-dydx-and  ⚒️ How to Crypto Tax (4/6): https://newsletter.banklesshq.com/p/how-to-do-crypto-taxes-for-the-lazy  📈 Market Monday (4/5): https://newsletter.banklesshq.com/p/crypto-is-about-to-melt-faces-market  🎙️Hayden Adams Podcast (4/5): https://shows.banklesshq.com/p/-uniswap-hayden-adams  🗞️Weekly Rollup (4/2): https://newsletter.banklesshq.com/p/ethereum-visa-weekly-recap-526  ----- 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 

Antonio Juliano is Founder of dYdX, and Uri Kolodny is CEO of StarkWare. State of the Nation is live-streamed on Tuesdays at 11am PT. ------ 🔀 10% Off dYdX Trading Fees w/ Bankless! https://bankless.cc/dydx  ------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/  🎖 CLAIM YOUR BADGE: https://newsletter.banklesshq.com/p/-guide-2-using-the-bankless-badge  ------ BANKLESS SPONSOR TOOLS: 💰 GEMINI | FIAT & CRYPTO EXCHANGE https://bankless.cc/go-gemini  🦊 METAMASK | DEFI PASSPORT https://bankless.cc/metamask  🦄 UNISWAP | DECENTRALIZED EXCHANGE http://bankless.cc/uniswap  🔀 KWENTA | SYNTHETIC ASSET EXCHANGE https://bankless.cc/kwenta  ------ State of the Nation #41: Scaling DeFi Guests: Antonio Juliano & Uri Kolodny Antonio Juliano (founder of dYdX) and Uri Kolodny (CEO of StarkWare) join this edition of State of the Nation to discuss their new announcement: dYdX, in partnership with StarkWare, recently released a Layer 2 Product for Perpetual Contracts, which namely allows for leveraged trading. Perpetual Contracts expose investors to a synthetic contract, representing the price action of a given asset. The nature of perpetual contracts allow for flexibility and expression in the financial mechanisms powering the contract, giving traders the ability to use leverage. These types of contracts attract high-level, high-frequency traders and make scalability crucial for a platform to be capital-efficient. StarkEx is StarkWare's scalability app, which uses StarkWare's Cairo, a Turing Complete coding platform, to support Layer 2 Scaling for transfers, trading, derivatives, and NFTs. dYdX rebuilt its interface, backend, and order-book; it then paired with StarkEx to create a scaled, decentralized derivatives exchange. Throughout the development and launch of its new product, dYdX has continued to emphasize the DeFi core values of being non-custodial, trustless, and permissionless. A major upgrade is cross-margining on dYdX, which allows users to provide universal collateral, instead of having to provide collateral for each market. Other improvements include lower gas prices, increased oracle performance, higher maximum leverage, and no minimum trade size. With these upgrades, dYdX offers better performance with no loss in decentralization or security. This is how DeFi needs to scale – increasing performance while maintaining decentralization and security. ------ Resources: dYdX Announcement Post: https://dydx.exchange/blog/public  dYdX: https://dydx.exchange/  StarkWare: https://starkware.co/  Antonio on Twitter: https://twitter.com/AntonioMJuliano?s=20  Uri on Twitter: https://twitter.com/ukolodny?s=20  An Incomplete Guide to Rollups: https://vitalik.ca/general/2021/01/05/rollup.html  ------ This Week on Bankless: ⚒️ How to Crypto Tax (4/7): https://newsletter.banklesshq.com/p/how-to-do-crypto-taxes-for-the-lazy  🎙️Hayden Adams Podcast (4/6): https://shows.banklesshq.com/p/-uniswap-hayden-adams  🧢 Weekly Action Recap (4/3): https://shows.banklesshq.com/p/-rollup-visa-on-eth-snl-nft-skit  🗞️Weekly Rollup (4/2): https://newsletter.banklesshq.com/p/ethereum-visa-weekly-recap-526  🚨 Alpha Alert: Fei Protocol: https://newsletter.banklesshq.com/p/-alpha-alert-fei-protocol-genesis  🦄 The Story of PleasrDAO (3/31): https://newsletter.banklesshq.com/p/xykan-ethereum-story  ⚒️ How to Stream Money (3/30): https://newsletter.banklesshq.com/p/how-to-stream-money  ----- 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 

Hayden Adams is the inventor of Uniswap, the decentralized trading protocol. ------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/  🗞️ GET THIS EPISODE'S DEBRIEF: https://shows.banklesshq.com/p/exclusive-debrief-uniswap-with-hayden   ------ BANKLESS SPONSOR TOOLS: 💰 GEMINI | FIAT & CRYPTO EXCHANGE https://bankless.cc/go-gemini  🦊 METAMASK | DEFI PASSPORT https://bankless.cc/metamask  🦄 UNISWAP | DECENTRALIZED EXCHANGE http://bankless.cc/uniswap  🔀 KWENTA | SYNTHETIC ASSET EXCHANGE https://bankless.cc/kwenta  ------ Bankless Podcast #59 - Uniswap Guest: Hayden Adams Hayden Adams is the creator of Uniswap, the decentralized trading protocol and DAO. Before inventing DeFi's largest asset exchange, he was laid off from his mechanical engineering job in the summer of 2017. Excited by Ethereum and Vitalik's blog post on automated market making, he learned to code smart contracts using Solidity. Uniswap's V1 Mainnet launch came in the middle of the crypto bear market in November 2018. Since then, it has experienced exponential growth and traction, with liquidity providers like MakerDAO bolstering Uniswap's early ecosystem. Uniswap V2 brought pivotal upgrades to the user experience, bug fixes, and improvements to the Oracle architecture. From its genesis, Uniswap has emphasized the decentralized, permissionless properties of Ethereum. Uniswap's tools enable anyone to create a liquidity pool to exchange on, and it has become the de facto hub of DeFi as a sandbox for the 'long tail' of endless decentralized assets. Uniswap's openness, functionality, and legitimacy have allowed it to rise to its current position as a DeFi staple. On September 16th, 2020, Uniswap launched its UNI token with a widely distributed airdrop to each Ethereum address that had interacted on the Uniswap platform – over 500,000 accounts. This drop exemplifies DeFi's promises of wealth distribution, communal equity, and decentralized governance. On March 23rd, 2021, Uniswap announced V3 to go live on Ethereum mainnet in May of 2021. The most significant change in this upgrade is concentrated liquidity, which allows individual liquidity providers to control where their liquidity is allocated along the price curve for a given asset pair. This allows freedom for infinite liquidity providing strategies and presents a flexibility that incentivizes an optimized trading curve. In this 2.5 hour episode, Hayden walks us through the entirety of Uniswap, from its genesis to its present state and beyond. ------ Resources: Uniswap https://uniswap.org/  Hayden on Twitter https://twitter.com/haydenzadams?s=20  V0 Birthday Blog: https://medium.com/uniswap/uniswap-birthday-blog-v0-7a91f3f6a1ba  V3 Announcement post: https://uniswap.org/blog/uniswap-v3/  Vitalik's Market Maker Blog Post: https://vitalik.ca/general/2017/06/22/marketmakers.html  ------ This Week on Bankless: 🧢 Weekly Action Recap (4/3): https://shows.banklesshq.com/p/-rollup-visa-on-eth-snl-nft-skit  🗞️Weekly Rollup (4/2): https://newsletter.banklesshq.com/p/ethereum-visa-weekly-recap-526  🚨 Alpha Alert: Fei Protocol: https://newsletter.banklesshq.com/p/-alpha-alert-fei-protocol-genesis  🦄 The Story of PleasrDAO (3/31): https://newsletter.banklesshq.com/p/xykan-ethereum-story  ⚒️ How to Stream Money (3/30): https://newsletter.banklesshq.com/p/how-to-stream-money  🏴 SotN w/ Crypto Bobby (3/30): https://shows.banklesshq.com/p/-sotn-40-get-a-job-in-crypto-rob  ----- 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. Uniswap is a Bankless Sponsor. 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 

Download the crypto meta to your brain in this weekly show. ------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/  ------ BANKLESS SPONSOR TOOLS: 💰 GEMINI | FIAT & CRYPTO EXCHANGE https://bankless.cc/go-gemini  🦊 METAMASK | DEFI PASSPORT https://bankless.cc/metamask  🦄 UNISWAP | DECENTRALIZED EXCHANGE http://bankless.cc/uniswap  🔀 KWENTA | SYNTHETIC ASSET EXCHANGE https://bankless.cc/kwenta  ------ RESOURCES ETH / BTC https://twitter.com/cburniske/status/1377704242706849796?s=20  Index Coop Revenue https://twitter.com/AlphaLemonade/status/1375917785717432323?s=20  FLI Token (2x ETH) https://www.tokensets.com/portfolio/ethfli  Filecoin Fully Diluted Valuation https://www.coingecko.com/en/coins/filecoin  RELEASES zkEVM in May? https://twitter.com/zksync/status/1375807885742125058?s=27  Projects on L2 https://twitter.com/deversifi/status/1376537192621862912?s=20  PayPal Crypto Checkout Service https://www.reuters.com/article/us-crypto-currency-paypal-exclusive-idUSKBN2BM10N  Element Finance https://twitter.com/element_fi/status/1377315823879086081  Synthetix L2 Staking https://blog.synthetix.io/oe-integrated-into-staking/  FEI Genesis https://newsletter.banklesshq.com/p/-alpha-alert-fei-protocol-genesis  26:03 NEWS Bankless & Wells Fargo ;) https://newsletter.banklesshq.com/p/bankless-acquired-by-wells-fargo  Optimism Launch Delayed https://optimismpbc.medium.com/optimistically-cautious-767a898f90c8  Visa, the ETH Sidechain https://www.theblockcrypto.com/post/99639/visa-now-settles-payments-in-usdc-stablecoin-ethereum  Tether vs DAI https://twitter.com/RyanSAdams/status/1376980581247029249?s=20  Aave and Polygon https://www.coindesk.com/defi-major-aave-working-with-polygon-to-bypass-ethereum-congestion  SNL NFT Skit https://youtu.be/mrNOYudaMAc?t=46  Michael Jordan & Top Shot https://www.coindesk.com/michael-jordan-joins-305m-investment-in-firm-behind-nba-top-shot  ‘x * y = k’ https://newsletter.banklesshq.com/p/xykan-ethereum-story  Opensea & Immutable X https://www.theblockcrypto.com/linked/100084/opensea-nft-layer-2-immutable-x  Goldman Offering Bitcoin https://www.cnbc.com/2021/03/31/bitcoin-goldman-is-close-to-offering-bitcoin-to-its-richest-clients.html  Coinbase Listing https://cftc.gov/PressRoom/PressReleases/8369-21  FTX Arena https://www.cnbc.com/2021/03/26/crypto-industry-to-get-first-major-us-stadium-with-miami-dade-county-approving-ftx-for-heat-home.html  46:08 TAKES Who’s Buying NFTs? https://twitter.com/UltraXBT/status/1375284492730916869?s=20  PoW, the Stepping Stone https://www.reddit.com/r/ethereum/comments/mf31ia/a_brain_dump_on_pos_vs_pow_arguments/gsm1dnc/ Has Ethereum Changed? https://twitter.com/panekkkk/status/1376620862657429508  Governance Proposals Over VC https://twitter.com/haydenzadams/status/1377356181254119429?s=21  Crypto Culture is Tight https://twitter.com/TrustlessState/status/1377726365298950145 What David’s Excited About Rugging the Fed https://newsletter.banklesshq.com/p/visa-is-going-to-pay-eth-holders-ebe  What Ryan’s Excited About Hayden Adams Podcast https://youtu.be/uQS7WuQtXWs  MEME OF THE WEEK https://twitter.com/deversifi/status/1377517957547487232?s=20  ------ This Week on Bankless: 🦄 Uniswap | Hayden Adams: https://youtu.be/uQS7WuQtXWs  🚨 Alpha Alert: Fei Protocol: https://newsletter.banklesshq.com/p/-alpha-alert-fei-protocol-genesis  🦄 The Story of PleasrDAO (3/31): https://newsletter.banklesshq.com/p/xykan-ethereum-story  ⚒️ How to Stream Money (3/30): https://newsletter.banklesshq.com/p/how-to-stream-money  🏴 SotN w/ Crypto Bobby (3/30): https://shows.banklesshq.com/p/-sotn-40-get-a-job-in-crypto-rob  🎙️ EIP-1559 With Hasu (3/29): https://shows.banklesshq.com/p/-eip-1559-hasu  📈 Market Monday (3/29): https://newsletter.banklesshq.com/p/visa-is-going-to-pay-eth-holders  ----- 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 

Rob Paone, aka Crypto Bobby, joins Bankless to tell you how to get a job in crypto. State of the Nation is live-streamed on Tuesdays at 11am PT ------ GO BANKLESS WITH THESE SPONSOR TOOLS: ⭐️ AAVE - BORROW OR LEND YOUR ASSETS https://bankless.cc/aave  🚀 GEMINI - MOST TRUSTED EXCHANGE AND ONRAMP https://bankless.cc/go-gemini  💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith  📱 DHARMA - MOBILE ONRAMP DIRECTLY INTO DEFI https://bankless.cc/dharma  ------ SotN #40: Get a Job in Crypto Guest: Rob Paone (Crypto Bobby) In this week's State of the Nation, we discuss the emerging crypto economy. Rob Paone is the founder of Proof of Talent, a recruiting and search firm that places candidates in professional roles in the crypto space. Few people are more equipped to discuss the job market in the cryptocurrency industry. Rob is also known by his Youtube persona, Crypto Bobby. He has transitioned into the space's premier career recruiter and is taking advantage of crypto's huge growth potential. In the legacy world, most of the profitable ideas and services have already been capitalized. Crypto exists on the other end of the spectrum, where the market gaps are vast and ripe for opportunity. Rob's fundamental approach for candidates seeking employment is one of bootstrapping. The market is geared towards those with a technical background, but the key is finding what sets you apart and proving it. Passion and knowledge should naturally turn into finding like-minded communities and contributing. There is a premium on authenticity, commitment, and value. For those actively seeking a profession in crypto, there are ways to get involved and make yourself invaluable. Are you a tourist, or are you a settler? ------ RESOURCES: Proof of Talent: https://proofoftalent.co/  Rob on Twitter: https://twitter.com/crypto_bobby?s=20  ------ THIS WEEK ON BANKLESS: ⚒️ How to Stream Money (3/30): https://newsletter.banklesshq.com/p/how-to-stream-money  🎙️ EIP-1559 With Hasu (3/29): https://shows.banklesshq.com/p/-eip-1559-hasu  📈 Market Monday (3/29): https://newsletter.banklesshq.com/p/visa-is-going-to-pay-eth-holders  🧢 Weekly Action Recap (3/27): https://newsletter.banklesshq.com/p/fidelitys-bitcoin-etf-weekly-recap  🗞️ Weekly Rollup (3/26): https://shows.banklesshq.com/p/-rollup-uniswap-v3-fidelity-etf-btc  ----- 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 

Hasu is a pioneer and thought leader in the world of cryptoeconomic research. He is a rare voice in crypto, unafraid to speak his mind and break ranks with both Ethereans and Bitcoiners. His takes were often varied and elusive… until the EIP-1559 proposal. Dive in to learn what changed his mind. ------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/  🗞️ GET THIS EPISODE'S DEBRIEF: https://shows.banklesshq.com/p/exclusive-debrief-eip-1559-with-hasu  ------ GO BANKLESS WITH THESE SPONSOR TOOLS: ⭐️ AAVE - BORROW OR LEND YOUR ASSETS https://bankless.cc/aave  🚀 GEMINI - MOST TRUSTED EXCHANGE AND ONRAMP https://bankless.cc/go-gemini  💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith  📱 DHARMA - MOBILE ONRAMP DIRECTLY INTO DEFI https://bankless.cc/dharma  ------ 🎙️Bankless Podcast Episode #58: EIP-1559 March 29th, 2021 Guest: Hasu Hasu is a renowned pseudonymous researcher in the cryptoeconomic space, and we have been long impressed by his clear, sober ideas. In his second appearance on the pod, we dive deeply into EIP-1559, covering its technicals but also the social & cultural implications of the proposal. When it comes to the field of cryptoeconomics, Hasu is most compelled by research on establishing and maintening economic security. EIP-1559 embodies these concepts through its transaction fee dynamics, regulation of gas prices, and novel mechanisms for users to buy transactions on the network. Properly incentivizing validators to come to consensus is necessary for a cryptoeconomically secure platform. EIP-1559 aims to accomplish this by regulating the consumption of resources on the network, fixing the price of gas on a block while allowing its quantity to float. The changes under EIP-1559 allow Ethereum to incentivize its deflationary mechanism, mitigate Miner Extracted Value (MEV), and improve the user experience for individuals transacting on the Ethereum network. Tune in as Hasu's refreshing and credible perspective conceptualizes this multi-faceted cryptoeconomic system. ------ RESOURCES: Uncommon Core Blog/Podcast: https://uncommoncore.co/  Derbit Insights: https://insights.deribit.com/market-research/  Hasu on Twitter: https://twitter.com/hasufl?s=20  Some of Hasu’s Writings: -Analysis of EIP-1559 https://insights.deribit.com/market-research/analysis-of-eip-1559/  -Guide to EIP-1559 https://uncommoncore.co/eip-1559/  -The future of money https://insights.deribit.com/market-research/the-future-of-money-could-be-discretionary/  EIP-1559 on the Horizon https://newsletter.banklesshq.com/p/eip-1559-on-the-horizon-market-monday-37f  The Bull Case for Cryptography https://shows.banklesshq.com/p/-moon-math-the-bull-case-for-cryptography  ------ THIS WEEK ON BANKLESS: 🦄 Alpha Leak | Uniswap V3 (3/23) https://youtu.be/TRJYs7v7gYo  🎙️ Ultra Sound Money | Justin Drake (3/22) https://shows.banklesshq.com/p/-ultra-sound-money-justin-drake  ❓ AMA with Chris Spadafora of Badger DAO (3/24) https://shows.banklesshq.com/p/-ama-with-chris-spadafora-of-badger  🏴 State of the Nation | David Grider (3/23) https://newsletter.banklesshq.com/p/-sotn-39-is-wall-street-going-bankless  ⚫ Token Thursday | The Best Yields on USD (3/25) https://newsletter.banklesshq.com/p/the-best-yields-on-usd  ✏️ Why ETH is the Best Money the World Has Ever Seen (4/24) https://newsletter.banklesshq.com/p/ultra-sound-money-  ⚒️ Tactic Tuesday | How to Automate Your Staking Rewards (3/23) https://newsletter.banklesshq.com/p/how-to-automate-your-staking-rewards  ----- 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 

Download the crypto meta to your brain in this weekly show. ------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/  ------ GO BANKLESS WITH THESE SPONSOR TOOLS: ⭐️ AAVE - BORROW OR LEND YOUR ASSETS https://bankless.cc/aave  🚀 GEMINI - MOST TRUSTED EXCHANGE AND ONRAMP https://bankless.cc/go-gemini  💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith  📱 DHARMA - MOBILE ONRAMP DIRECTLY INTO DEFI https://bankless.cc/dharma  ------ TOPICS COVERED: 0:00 Intro 0:50 MARKETS 0:58 BTC Price 1:51 ETH Price 3:06 DeFi - TVL & $DPI 5:37 Ethereum Q1 Recap https://twitter.com/intotheblock/status/1375043056228048903?s=20  7:03 DeFi Revenue Crosses $1B https://twitter.com/DocumentEther/status/1374444448214515714?s=20  9:19 Crypto Indexes https://cdn.discordapp.com/attachments/765296914554945567/823573839128690708/unnamed_43.png  12:42 GBTC Keeps Dropping https://twitter.com/TheStalwart/status/1375077050269237253?s=20  15:45 BlockFi Cutting Rates https://twitter.com/MattBallen4791/status/1374906879722323979?s=20  17:20 RELEASES 18:50 OpenSea Raises $23M https://t.co/WlM1tngJDH?amp=1  AMA with Devin - https://youtu.be/5VaJ1qwPyOI  20:55 Alpha Tokenomics https://twitter.com/AlphaFinanceLab/status/1374700279736586244?s=20  23:24 Dune Analytics v2 https://duneanalytics.com/blog/dune-v2  25:35 Crypto.com NFT | Hermez L2 https://crypto.com/nft  https://hermez.io/  27:43 Maker Increasing Debt Ceiling? https://twitter.com/MakerDAO/status/1372979697517174785?s=20  30:19 EthLife Podcast https://twitter.com/DenizOmer/status/1374741993528655875?s=20  31:25 NEWS 31:35 Uniswap V3 https://uniswap.org/blog/uniswap-v3/  34:52 Decentraland Casino Pays in DAI https://www.coindesk.com/this-casino-in-decentraland-is-hiring-for-real  37:26 Maker & A16z https://bafybeies2vgpzxnrrc7i76wuefswn2tnnqboqzckpnognfklfhkit2x5ry.ipfs.dweb.link/  40:06 Beeple Cashes Out https://decrypt.co/62547/beeple-immediately-changed-his-53-million-nft-takings-from-eth-to-usd   42:50 ETH 2.0 Validators https://twitter.com/evan_van_ness/status/1372948495418675200?s=20  44:57 Elon: "Don't Defy DeFi" https://twitter.com/elonmusk/status/1375031060753346564?s=20  45:40 Starkware https://twitter.com/StarkWareLtd/status/1373936192421519366?s=20  https://www.theblockcrypto.com/post/99211/starkware-funding-round-ethereum-paradigm  47:11 Jack Dorsey NFT https://www.theblockcrypto.com/linked/99023/twitter-ceo-jack-dorsey-sells-nft-of-first-ever-tweet  49:07 Nifty's V2 and MEME https://dontbuymeme.medium.com/niftys-backed-by-major-investors-buys-into-meme-v2-date-announced-5eba2867ff86  50:55 Time Magazine NFT Auction https://time.com/5948741/time-nft-covers/  52:42 Fidelity BTC ETF https://www.theblockcrypto.com/linked/99279/fidelity-bitcoin-etf-filing  54:00 Chinese Digital Currency Anonymity https://www.theblockcrypto.com/linked/98925/pboc-anonymous-cbdc-not-option  55:23 FATF Targeting DeFi https://www.coincenter.org/a-quick-analysis-of-fatfs-2021-draft-cryptocurrency-guidance/  1:02:13 BitClout https://decrypt.co/62162/bitclout-reaped-160m-tokens-pegged-celebs-followed-money  1:06:11 TAKES 1:06:21 NFTs, Simply Explained https://twitter.com/jackbutcher/status/1374025919342477316?s=21  1:07:55 Efficiency https://twitter.com/ryansadams/status/1375090768201793537?s=21  1:10:22 The Scalability Trilemma https://twitter.com/defipulse/status/1374397104550944777  1:13:14 Dollar-Pegged Stablecoins... https://twitter.com/RyanWatkins_/status/1375078200980742153?s=20  1:15:15 Rai is a Stablecoin https://twitter.com/TrustlessState/status/1373781357797646342?s=20  1:18:00 What David's Excited About 1:25:58 What Ryan's Excited About 1:28:28 MEME OF THE WEEK https://twitter.com/i/status/1373642150521360392  1:31:13 Closing & Disclaimers ------ THIS WEEK ON BANKLESS: 🦄 Uniswap V3 Alpha Leak (3/23): https://youtu.be/TRJYs7v7gYo  🎙️ ULTRA SOUND MONEY (3/22): https://shows.banklesshq.com/p/-ultra-sound-money-justin-drake  ----- 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 

Chris Spadafora is the Founder of BadgerDAO, a decentralized protocol that promotes the use of tokenized BTC in DeFi. Like all our AMAs, the interview is live and incorporates questions from our Inner Circle Discord and live YouTube Chat. These are hosted the 2nd and 4th Wednesday each month, so mark your calendars, tune in, and ask questions! ----- 🚀 SUBSCRIBE TO NEWSLETTER: http://bankless.substack.com/​​​ 🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/​​​  ----- GO BANKLESS WITH THESE SPONSOR TOOLS: ⭐️ AAVE - BORROW OR LEND YOUR ASSETS https://bankless.cc/aave  🚀 GEMINI - MOST TRUSTED EXCHANGE AND ONRAMP https://bankless.cc/go-gemini  💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith  📱 DHARMA - MOBILE ONRAMP DIRECTLY INTO DEFI https://bankless.cc/dharma  ------ Resources: BadgerDAO https://badger.finance/  Chris on Twitter https://twitter.com/spadaboom1?s=20  ----- THIS WEEK ON BANKLESS: 🦄 Uniswap V3 Alpha Leak (3/23): https://youtu.be/TRJYs7v7gYo  🎙️ ULTRA SOUND MONEY (3/22): https://shows.banklesshq.com/p/-ultra-sound-money-justin-drake  🗞️ Weekly Rollup (3/19): https://shows.banklesshq.com/p/-rollup-elon-musk-nft-song-stimulus  🧢 Weekly Action Recap (3/20): https://newsletter.banklesshq.com/p/another-1400-weekly-recap  ✏️ Ultra Sound Money (3/15): https://newsletter.banklesshq.com/p/eth-is-ultra-sound-money-market-monday  🐦 Follow Bankless on Twitter: https://twitter.com/BanklessHQ  ----- 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 

David Grider is a Digital Asset strategy researcher at Fundstrat, the independent research boutique firm. They advise high net-worth individuals, wealth advisors, and a number of actors throughout traditional finance. They're on the frontier of educating finance natives and bridging Wall Street to crypto. ------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/  ------ GO BANKLESS WITH THESE SPONSOR TOOLS: ⭐️ AAVE - BORROW OR LEND YOUR ASSETS https://bankless.cc/aave  🚀 GEMINI - MOST TRUSTED EXCHANGE AND ONRAMP https://bankless.cc/go-gemini  💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith  📱 DHARMA - MOBILE ONRAMP DIRECTLY INTO DEFI https://bankless.cc/dharma  ------ SotN #39: Is Wall Street Going Bankless? Guest: David Grider of Fundstrat Is Wall Street going Bankless? What do they know about crypto? We bring on David Grider of Fundstrat to answer these important questions for us. If an asset is legitimate, it will inevitably end up on Wall Street, the heart-center of global finance. David embodies the growing bridge from traditional finance to crypto, and he sees the space as increasingly on the radar of high-level investors. Crypto should be understood as making the internet an emerging market. For David, the tipping point came as crypto boasted a trillion-dollar market cap. The finance space is not uniform, and some spheres have been more quick to adapt and adopt than others. As crypto becomes more standardized and accepted, it will be easier to continue this trend in accordance with the Lindy effect – the idea that life expectancy decreases over time with things like technology and concepts. A general willingness to adopt must also be paired with necessary technologies and infrastructure to support custody and investment vehicles, and these things take time. Wall Street is starting to recognize changes in the current monetary regime, and trailblazers like Fundstrat are making this change more real and accessible. ------ Resources: David's Tweet Thread https://twitter.com/David_Grid/status/1369417235761102855?s=20  Fundstrat https://fundstrat.com/  David on Twitter https://twitter.com/David_Grid?s=20  ------ THIS WEEK ON BANKLESS: 🎙️ ULTRA SOUND MONEY (3/22): https://shows.banklesshq.com/p/-ultra-sound-money-justin-drake  🗞️ Weekly Rollup (3/19): https://shows.banklesshq.com/p/-rollup-elon-musk-nft-song-stimulus  🧢 Weekly Action Recap (3/20): https://newsletter.banklesshq.com/p/another-1400-weekly-recap  ⚫ Token Thursday - Ren (3/18): https://newsletter.banklesshq.com/p/rens-trillion-dollar-opportunity  ✏️ Ultra Sound Money (3/15): https://newsletter.banklesshq.com/p/eth-is-ultra-sound-money-market-monday  🐦 Follow Bankless on Twitter: https://twitter.com/BanklessHQ  Follow Bankless on Twitter https://twitter.com/BanklessHQ  ----- 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 

Justin Drake is a researcher at the Ethereum Foundation and is leading the charge of applied cryptography to the Ethereum network. Last time he was on the podcast, we discussed cryptography as the foundation for what we called ‘Moon Math.’ This week, Justin returns to the show to discuss Ethereum’s economic engine and how its design decisions (EIP-1559, Proof-Of-Stake, Issuance, etc.) emerges as an incredibly bullish evolution of sound money: Ultra Sound Money. ------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/  ------ GO BANKLESS WITH THESE SPONSOR TOOLS: ⭐️ AAVE - BORROW OR LEND YOUR ASSETS https://bankless.cc/aave  🚀 GEMINI - MOST TRUSTED EXCHANGE AND ONRAMP https://bankless.cc/go-gemini  💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith  📱 DHARMA - MOBILE ONRAMP DIRECTLY INTO DEFI https://bankless.cc/dharma  ------ 🎙️ 57 - Ultra Sound Money | Justin Drake Last time Justin was on the Bankless podcast, we went in-depth about cryptocurrency's primitive tools: cryptographic hashes and signatures. He described these as the fire and wheel of cryptography technology. This time, we dive into the specific economic design of the Ethereum network and how it is positioned to expand upon the 'stone-age' cryptography of Proof of Work. Given Ethereum's expressive capabilities, its future has infinite possibilities in terms of both innovation and development. To explore Ethereum's value proposition as Ultra Sound Money, we use the model of the Ethereum Economic Engine. In this metaphor, the basic energy harnessed is monetary value, stored in the 'engine' battery via tokens. The engine itself is structured by the network's consensus mechanism, Proof of Stake. The engine's efficiency is maximized through the issuance structures proposed in EIP-1559. All of these components (explored in great detail throughout the conversation) contribute to the concept of ETH as 'Ultra Sound Money.' Soundness describes the degree of efficiency and security in the storage and exchange of monetary value. Economic security, anti-fragility, optimized issuance, efficiency, and scarcity combine to create a robust, maximally effective network. This could be the best episode we've ever recorded. ETH is Ultra Sound Money. Pass it on. ------ 🧑‍🎓 Want access to this episode's exclusive Debrief? Join the Bankless Nation: https://shows.banklesshq.com/p/exclusive-debrief-ultra-sound-money ------ Topics Covered: 0:00 Intro 5:08 The Economic Side of ETH 11:40 Ethereum's Economic Engine 24:00 Integration, The Meme, and Monetary Premiums 35:23 Sound Money & Economic Security 42:58 Cryptoeconomic Horsepower 47:57 Load-to-Power (Towing Capability) 55:59 Competing at the Base Layer 1:02:17 Repairing the Engine (Defense) 1:20:18 POS Plutocracy? Trust? 1:24:43 Engine Fuel 1:33:13 Engine Resilience 1:38:33 Redundance & Security 1:49:10 Stealth & Insurance 1:59:01 Economic Efficiency 2:09:11 Ultra Sound Money 2:18:00 ETH is Money 2:24:12 Hard Money 2:33:13 Closing & Disclaimers ------ RESOURCES The Bull Case for Cryptography https://shows.banklesshq.com/p/-moon-math-the-bull-case-for-cryptography  ETH is Ultra Sound Money https://newsletter.banklesshq.com/p/eth-is-ultra-sound-money-market-monday  Justin’s Research https://ethresear.ch/u/justindrake/summary  Justin on Twitter https://twitter.com/drakefjustin?s=20  ------ THIS WEEK ON BANKLESS: 🗞️ Weekly Rollup (3/19): https://shows.banklesshq.com/p/-rollup-elon-musk-nft-song-stimulus  🧢 Weekly Action Recap (3/20): https://newsletter.banklesshq.com/p/another-1400-weekly-recap  ⚫ Token Thursday - Ren (3/18): https://newsletter.banklesshq.com/p/rens-trillion-dollar-opportunity  ✏️ Ultra Sound Money (3/15): https://newsletter.banklesshq.com/p/eth-is-ultra-sound-money-market-monday  🐦 Follow Bankless on Twitter: https://twitter.com/BanklessHQ  ----- 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 

Download the crypto meta to your brain in this weekly show. ------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/  ------ GO BANKLESS WITH THESE SPONSOR TOOLS: ⭐️ AAVE - BORROW OR LEND YOUR ASSETS https://bankless.cc/aave  🚀 GEMINI - MOST TRUSTED EXCHANGE AND ONRAMP https://bankless.cc/go-gemini  💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith  📱 DHARMA - MOBILE ONRAMP DIRECTLY INTO DEFI https://bankless.cc/dharma  ------ TOPICS COVERED: 0:00 Intro 1:00 MARKETS 1:10 BTC Price 1:55 ETH Price 3:00 DeFi: TVL, DPI, DPI/ETH 5:41 AssetDash https://assetdash.com/  7:23 ETH in Smart Contracts vs. Exchanges https://twitter.com/sassal0x/status/1371648558122737665?s=20  10:05 Anniversary of ETH’s $90 Low https://twitter.com/AlexanderFisher/status/1370719570789609472?s=19  13:31 Uniswap Dominating Dexes https://twitter.com/spencernoon/status/1371937457449676802?s=20  15:49 DPI Performance https://twitter.com/BigSky_7/status/1371169093764722690?s=20  16:44 RELEASES 19:10 zk.money https://zk.money/  22:25 Superfluid - Cashflows https://www.superfluid.finance/  26:05 Argent Layer 2 https://www.argent.xyz/blog/layer-2-plans/  26:45 OpenZeppelin Sentinels https://blog.openzeppelin.com/introducing-sentinels/  28:02 SafeSnap - Decentralized Governance https://blog.gnosis.pm/introducing-safesnap-the-first-in-a-decentralized-governance-tool-suite-for-the-gnosis-safe-ea67eb95c34f  30:26 Gemini $GUSD on Aave? https://twitter.com/tyler/status/1371960808498982917?s=20  33:34 FLI Index - Indexcoop x DeFi Pulse https://twitter.com/indexcoop/status/1372268192530243584?s=21  35:35 0x Live on BSC https://blog.0xproject.com/0x-protocol-is-now-live-on-binance-smart-chain-d9329fc974ad  38:03 Ether Cards - New NFTs https://sale.ether.cards/  39:07 NEWS 39:26 Stimmies & Crypto https://www.marketwatch.com/story/americans-ready-to-plow-10-of-stimulus-checks-into-bitcoin-and-stocks-survey-says-11615823512  42:25 Wealth in America 44:55 Morgan Stanley & Direct Crypto Access https://www.cnbc.com/2021/03/17/bitcoin-morgan-stanley-is-the-first-big-us-bank-to-offer-wealthy-clients-access-to-bitcoin-funds.html  46:53 Meitu Buying ETH https://twitter.com/frxresearch/status/1372206714255147008?s=20  49:22 Yearn v2 TVL https://twitter.com/bantg/status/1372374377573011462?s=20  50:19 UNI Grants https://twitter.com/uniswapgrants/status/1371893183454580738  52:39 PancakeSwap & Cream DNS Hijacking https://www.theblockcrypto.com/linked/98353/defi-pancakeswap-cream-dns-hijackings  54:02 NFT Google Search Boom https://twitter.com/Darrenlautf/status/1370980084820025348?s=20  55:04 Good Luck Brian? https://www.businessinsider.com/bad-luck-brian-meme-nft-crypto-art-blockchain-ethereum-foundation-2021-3?utm_source=reddit.com  57:03 Elon Musk NFT Song https://twitter.com/elonmusk/status/1371549960030842893?s=20  58:15 Tesla Meme Title Changes https://i.redd.it/v0wt07kb47n61.jpg  59:04 NFTX Protocol https://twitter.com/scott_lew_is/status/1371989298791251968?s=20  1:01:20 CFTC Investigating Binance https://www.theblockcrypto.com/linked/98138/binance-us-investigation-report  1:04:11 Binance Hires Former US Senator https://decrypt.co/60946/binance-hires-former-us-senator-to-help-navigate-regulations  1:04:44 Canada ETFs. USA Soon? https://www.theblockcrypto.com/daily/98098/canada-bitcoin-etf-us-2021  1:06:27 Bill Gates, POW, and the Environment https://www.nytimes.com/2021/03/09/business/dealbook/bill-gates-bitcoin.html  1:08:13 TAKES 1:08:43 ETH - Store of Value for the People https://twitter.com/BanklessHQ/status/1371876278886875136?s=20  1:10:20 Three Types of People in Crypto https://twitter.com/RyanSAdams/status/1372208566971535365?s=20  1:14:46 Porting Your Career to DeFi https://twitter.com/sassal0x/status/1371305642179186692?s=20  1:18:28 What We're Excited About https://www.linkedin.com/pulse/why-world-would-you-own-bonds-when-ray-dalio/  1:27:18 MEME OF THE WEEK https://twitter.com/L_Nakaghini/status/1372216933546921987?s=20  1:27:51 Closing & Disclaimers ------ THIS WEEK ON BANKLESS: 🎙️ Podcast | 1confirmation (3/15): https://shows.banklesshq.com/p/-authenticity-in-crypto-1confirmation  🏴 SotN | Andrew Steinwold (3/16): https://shows.banklesshq.com/p/-sotn-38-the-state-of-nfts-with-andrew  ✏️ ETH is Ultra Sound Money (3/15): https://newsletter.banklesshq.com/p/eth-is-ultra-sound-money-market-monday  ----- 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 

Devin Finzer is Co-Founder & CEO of OpenSea, the largest decentralized NFT marketplace for buying and selling digital goods. Like all our AMAs, this was streamed live and incorporated questions from our Inner Circle Discord and live YouTube Chat. These are hosted the 2nd and 4th Wednesday each month, so mark your calendars, tune in, and ask your questions! ----- 🚀 SUBSCRIBE TO NEWSLETTER: http://bankless.substack.com/​​​ 🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/​​​  ----- GO BANKLESS WITH THESE SPONSOR TOOLS: ⭐️ AAVE - BORROW OR LEND YOUR ASSETS https://bankless.cc/aave​​​  🚀 GEMINI - MOST TRUSTED EXCHANGE AND ONRAMP https://bankless.cc/go-gemini​​​  💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith​​​  📱 DHARMA - MOBILE ONRAMP DIRECTLY INTO DEFI https://bankless.cc/dharma  ------ Resources: OpenSea https://opensea.io/  Devin on Twitter https://twitter.com/dfinzer?s=20  ----- THIS WEEK ON BANKLESS: 📈 Market Monday (3/8): https://newsletter.banklesshq.com/p/eip-1559-on-the-horizon-market-monday  🎙️ Podcast | Bankless 2.0 (3/8): https://shows.banklesshq.com/p/-welcome-to-bankless-2021-edition  🛠️Tactic | Synthetic Stocks (3/9): https://newsletter.banklesshq.com/p/how-to-trade-synthetic-stocks  🏴State of the Nation | 3LAU (3/9): https://youtu.be/5KY9W3Ybmdc  🐦 Follow Bankless on Twitter: https://twitter.com/BanklessHQ  ----- 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 

Andrew Steinwold is a respected voice in the NFT space and is managing partner of Sfermion, an NFT-native investment firm. We unpack the recent NFT boom and digest the innovation, successes, failures, and lessons in the space as we reflect and move forward. ------ 📣REGISTER FOR COINDESK CONSENSUS 2021 AND SAVE $20 W/ BANKLESS: http://bankless.cc/consensus2021  ------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/  ------ GO BANKLESS WITH THESE SPONSOR TOOLS: ⭐️ AAVE - BORROW OR LEND YOUR ASSETS https://bankless.cc/aave  🚀 GEMINI - MOST TRUSTED EXCHANGE AND ONRAMP https://bankless.cc/go-gemini  💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith  📈 KWENTA - DERIVATIVES TRADING WITH INFINITE LIQUIDITY https://bankless.cc/kwenta  ------ SotN #38: The State of NFTs, with Andrew Steinwold (Past, Current, and Future) When Andrew was last on Bankless for 'The Bull Case for NFTs' in September 2020, the Nation was introduced to NFTs as an ocean of opportunity for democratizing value. The landscape for NFTs has changed drastically in the last 6 months, but Andrew's approach has remained generally similar. Andrew updates us on his expectations on the future of NFTs in the context of the current boom. He addresses the notion of the 'NFT Bubble' and the blurred distinction between memes and value. We dive into Proof-of-Work vs. Proof-of-Stake and what makes for a genuine NFT – in terms of both content and distribution. Through the trials of this cycle, we have found many NFT-specific insights and lessons. Andrew explores the successes and failures of experimentation in this space. We highlight Cryptopunks, which boasts an organic release, being the first of its kind, and mass community adoption. ------ RESOURCES: The Bull Case for NFTs https://newsletter.banklesshq.com/p/the-bull-case-for-nfts-jake-burkhman  Andrew on Twitter https://twitter.com/AndrewSteinwold?s=20  Zima Red - Andrew's Podcast https://andrewsteinwold.substack.com/  Sfermion https://www.sfermion.io/   ------ THIS WEEK ON BANKLESS 🗞️ Weekly Rollup (3/12): https://shows.banklesshq.com/p/rollup-march-2  🧢 Weekly Action Recap (3/13): https://newsletter.banklesshq.com/p/weekly-action-recap-683  🛠️ Trading Synthetic Stocks (3/9): https://newsletter.banklesshq.com/p/how-to-trade-synthetic-stocks  🏴 State of the Nation | 3LAU (3/9): https://youtu.be/5KY9W3Ybmdc  ✏️ The Digital Culture Revolution: https://newsletter.banklesshq.com/p/defi-options-strategies-for-traders  ⚫ The Case for $100 SUSHI: https://newsletter.banklesshq.com/p/the-case-for-100-sushi  🐦 Follow Bankless on Twitter: https://twitter.com/BanklessHQ  ----- 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 

Nick Tomaino and Richard Chen are partners at 1confirmation, a crypto venture fund with $75M+ in assets under management (AUM). In this episode, we explore the relationship between narratives and fundamentals in the space. ------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/  ------ GO BANKLESS WITH THESE SPONSOR TOOLS: ⭐️ AAVE - BORROW OR LEND YOUR ASSETS https://bankless.cc/aave  🚀 GEMINI - MOST TRUSTED EXCHANGE AND ONRAMP https://bankless.cc/go-gemini  💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith  📈 KWENTA - DERIVATIVES TRADING WITH INFINITE LIQUIDITY https://bankless.cc/kwenta​  ------ Topics Covered: 0:00 Intro 3:05 How this bull market feels 10:57 1confirmation's Thesis 14:40 Authenticity 18:26 Crypto-Natives vs. the fakes 26:05 Authentic 'ETH Killers,' Fake VC Chains 38:58 BinanceChain 43:53 Narratives vs. Fundamentals 49:30 On-Chain Verifiable Authenticity 1:01:00 MaRkEtS aRe eFfiCiEnT 1:05:07 Narrative Bull, Fundamental Bear 1:10:31 Dune Analytics & Data 1:20:25 What's The Next Big Thing? 1:24:02 The Changing Landscape 1:33:13 Bull Market Predictions 1:39:32 Closing & Disclaimers ------ Resources: Nexus Tracker https://nexustracker.io/  Richard's Superrare dashboard https://duneanalytics.com/rchen8/superrare_4  Crypto Art https://cryptoart.io/  Three Underrated Predictions https://thecontrol.co/under-the-radar-product-trends-2020-recap-and-2021-predictions-61125c98415  Dune Analytics Blog: The Revolution Will Not Be Reported Quarterly https://duneanalytics.com/blog/revolution-not-quarterly  1confirmation https://www.1confirmation.com/  Nick on Twitter: https://twitter.com/NTmoney?s=20  Richard on Twitter https://twitter.com/richardchen39?s=20  ------ 📣REGISTER FOR COINDESK CONSENSUS 2021 AND SAVE $20 W/ BANKLESS: http://bankless.cc/consensus2021  ------ CATCH UP ON BANKLESS 🗞️ Weekly Rollup (3/12): https://shows.banklesshq.com/p/rollup-march-2  🧢 Weekly Action Recap (3/13): https://newsletter.banklesshq.com/p/weekly-action-recap-683  🛠️ Tactic | Synthetic Stocks (3/9): https://newsletter.banklesshq.com/p/how-to-trade-synthetic-stocks  🏴 State of the Nation | 3LAU (3/9): https://youtu.be/5KY9W3Ybmdc  ✏️ The Digital Culture Revolution: https://newsletter.banklesshq.com/p/defi-options-strategies-for-traders  ⚫ The Case for $100 SUSHI: https://newsletter.banklesshq.com/p/the-case-for-100-sushi  🐦 Follow Bankless on Twitter: https://twitter.com/BanklessHQ  ----- 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 

Download the crypto meta to your brain in this weekly show. ------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/  ------ GO BANKLESS WITH THESE SPONSOR TOOLS: ⭐️ AAVE - BORROW OR LEND YOUR ASSETS https://bankless.cc/aave  🚀 GEMINI - MOST TRUSTED EXCHANGE AND ONRAMP https://bankless.cc/go-gemini  💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith  📈 KWENTA - DERIVATIVES TRADING WITH INFINITE LIQUIDITY https://bankless.cc/kwenta​  ------ 📣REGISTER FOR COINDESK CONSENSUS 2021 AND SAVE $20 W/ BANKLESS http://bankless.cc/consensus2021​  ------ MARKETS BTC Price: $55k ETH Price: Low-Mid 1800s Mostly TVL in DeFi: $41.2B $DPI: ~$450 MEV Dashboard https://explore.flashbots.net/  DeFi Undervalued? Coinbase vs. DeFi https://twitter.com/StaniKulechov/status/1369314364944244737?s=20  Global Banking $6.2 Trillion, DeFi $85B https://twitter.com/0x_Lucas/status/1369808216490602498?s=20  $3B valuation BlockFi: https://twitter.com/BlockFiZac/status/1370012146503929856?s=20  DAOs With Treasury Reports https://twitter.com/Matthew_Graham_/status/1367521656927838209?s=20  GBTC Trading 15% Below BTC Spot Prices https://www.coindesk.com/grayscale-halts-new-investments-in-gbtc-after-trading-at-15-below-bitcoin  ------ RELEASES Send From Arbitrum to xDAI (Hop Protocol) https://twitter.com/HopProtocol/status/1367914160483299332?s=20  Optimism Dai Bridge with Fast Withdrawals https://forum.makerdao.com/t/announcing-the-optimism-dai-bridge-with-fast-withdrawals/6938  Superfluid https://twitter.com/superfluid_hq/status/1369676939913486337?s=21  FEI Protocol https://www.coindesk.com/coinbase-naval-framework-ventures-19m-raise-fei-stablecoin  ------ NEWS $1.9T Covid Relief Bill and $1400 Stimulus Checks https://www.nbcnews.com/politics/congress/senate-passes-1-9-trillion-covid-relief-bill-including-1-n1259795  Fed Says Reopening Could Cause Inflation https://www.cnbc.com/2021/03/04/fed-chairman-powell-says-economic-reopening-could-cause-inflation-to-pick-up-temporarily.html  EIP1559 Approved for London Hard Fork https://twitter.com/TimBeiko/status/1367858606889037824?s=20  EIP1559 - Front Page of Bloomberg https://i.redd.it/hdgboaz8xml61.jpg  ETH Miners Protesting EIP-1559 https://cointelegraph.com/news/ethereum-miners-plot-hash-power-show-of-force-against-eip-1559  Meitu Buys $22M ETH, $17.9M BTC https://twitter.com/TrustlessState/status/1368639534770966537?s=20  Beeple NFT $69M https://www.telegraph.co.uk/technology/2021/03/11/digital-artwork-snapped-69m-record-sale  NFT Environmentalism https://joanielemercier.com/the-problem-of-cryptoart/  SuperRare Response https://medium.com/superrare/no-cryptoartists-arent-harming-the-planet-43182f72fc61  US Lawmakers Introduce Crypto Bill https://www.coindesk.com/lawmakers-digital-asset-regulation  Wyoming DAO Bill https://twitter.com/awrigh01/status/1369328856260354051?s=20   NBA Top Shot Freezes Funds https://defited.medium.com/my-centralized-experience-dapper-3d3e3a99cbd7  New Grayscale Job Postings - ETF? https://twitter.com/coindesk/status/1369451478428090369?s=21  JPMorgan Crypto Proxy Basket https://www.coindesk.com/jpmorgan-to-launch-cryptocurrency-exposure-basket-of-bitcoin-proxy-stocks  Logan Paul Sponsored Tweet Paid in SFI https://twitter.com/Buhlaque/status/1369149498098860041?s=20  ----- TAKES Everything is Broken https://www.zerohedge.com/markets/mauldin-everything-broken  Reinvesting in Crypto https://twitter.com/ryansadams/status/1368944228382965765?s=21  Steinworld’s Ethspansion from Genesis https://twitter.com/takenstheorem/status/1351409209305305090?s=20  Today Show Laughing About NFTs https://twitter.com/econoar/status/1369344244880527361?s=20  ----- MEME L2 vs ETH Killers https://www.instagram.com/p/CMLVE2YAQQ2/  ----- 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 

Justin Blau, known by his stage name 3LAU, is a DJ turned crypto-entrepreneur. At the end of February, he auctioned collectible NFTs for his 'Ultraviolet' album for a record-setting $11.7M. We look under the hood of 3LAU's story, diving into what this means for crypto and the disruption of the music industry. ------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/  ------ GO BANKLESS WITH THESE SPONSOR TOOLS: ⭐️ AAVE - BORROW OR LEND YOUR ASSETS https://bankless.cc/aave  🚀 GEMINI - MOST TRUSTED EXCHANGE AND ONRAMP https://bankless.cc/go-gemini  💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith  📈 KWENTA - DERIVATIVES TRADING WITH INFINITE LIQUIDITY https://bankless.cc/kwenta​  ------ SotN #37: 3LAU | The Frontier of NFTs Justin Blau, known by his stage-name 3LAU, has been experimenting in the crypto space since 2014. From February 25-28, he auctioned a total of 33 NFTs commemorating his album 'Ultraviolet', originally released in 2018. 3LAU discusses how he applied his knowledge of game theory to optimize the auction mechanism. The sales totaled $11.7M. 3LAU's biggest takeaway from all this is that the music industry is ripe for disruption. NFTs can remove intermediaries and bridge the gap between fans and creators. Transparent, immutable digital goods are increasingly accessible to the public. These tools promote direct-to-consumer transactions, democratization of data, and self-distribution. The argument here is that given the technology of distributed ledgers, record labels are now obsolete. With an investable layer, fans are able to contribute capital and hold equity in an artist's work. 3LAU is pioneering how decentralized tokens can be optimized for medium-dependent art spaces. The future of art is decentralized, allowing infinite collaborative possibilities among fans and creators of all forms of media. Justin on Twitter https://twitter.com/3LAU?s=20  3LAU Website https://3lau.com/  3LAU NFT Auction https://nft.3lau.com/#/auction  ------ 📣REGISTER FOR COINDESK CONSENSUS 2021 AND SAVE $20 W/ BANKLESS http://bankless.cc/consensus2021​​  ------ CATCH UP ON BANKLESS: 🗞️ Weekly Rollup (3/5): https://shows.banklesshq.com/p/-rollup-3lau-and-grimes-nfts-paypal  🧢 Weekly Action Recap (3/6): https://newsletter.banklesshq.com/p/weekly-action-recap-177  📈 Market Monday (3/8): https://newsletter.banklesshq.com/p/eip-1559-on-the-horizon-market-monday  🎙️ Podcast | Bankless 2.0 (3/8): https://shows.banklesshq.com/p/-welcome-to-bankless-2021-edition  🐦 Follow Bankless on Twitter: https://twitter.com/BanklessHQ  ----- 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

Happy 1-year Anniversary to the Bankless Podcast! We sum up the show’s first nine episodes in this single canonical mega-podcast, updating our answers to the big questions – What Does It Mean To Go Bankless? What Is DeFi? How Do I Get started? ------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/  ------ GO BANKLESS WITH THESE SPONSOR TOOLS: ⭐️ AAVE - BORROW OR LEND YOUR ASSETS https://bankless.cc/aave  🚀 GEMINI - MOST TRUSTED EXCHANGE AND ONRAMP https://bankless.cc/go-gemini  💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith  📈 KWENTA - DERIVATIVES TRADING WITH INFINITE LIQUIDITY https://bankless.cc/kwenta​  ------ Topics Covered I. Why Are We Going Bankless? (0:00 - 29:09) Need for Self-Sovereign Money Current Banking System is Corrupt II. How Crypto Fixes Money (29:10 - 41:45) Protocols are Credibly Neutral Universally Accessible III. Crypto As A Parallel Financial System (41:46 - 1:00:42) What is Money? Parallel Monies, Parallel Tech IV. The Bankless Money Stack (1:00:43 - 2:11:30) BTC & ETH Value Propositions The DeFi Value Proposition V. Why Crypto Is Inevitable (2:11:31 - 2:34:24) Game Theory & Gresham’s Law VI. How To Get Started (2:34:25 - 2:48:10) Get Crypto Money Take Self-Custody Start Using DeFi VII. The Journey West (2:48:11 - 2:59:38) Once-In-A-Lifetime Multi-Decades Event The Bankless Journey is Ambitious, Risky, and Highly Rewarding ------ Resources: Guide to Going Bankless: https://newsletter.banklesshq.com/p/-guide-1-starting-with-bankless  St. Louis Fed Report https://research.stlouisfed.org/publications/review/2021/02/05/decentralized-finance-on-blockchain-and-smart-contract-based-financial-markets  Designing Ethereum | Vitalik Buterin https://www.youtube.com/watch?v=-R0j5AMUSzA&t=6522s&ab_channel=Bankless  Episode #2: The Evolution of Monetary Policy https://shows.banklesshq.com/p/episode-2-the-evolution-of-monetary  ------ 📣REGISTER FOR COINDESK CONSENSUS 2021 AND SAVE $20 W/ BANKLESS: http://bankless.cc/consensus2021  ------ CATCH UP ON BANKLESS: 🗞️ Weekly Rollup (3/5): https://shows.banklesshq.com/p/-rollup-3lau-and-grimes-nfts-paypal  🧢 Weekly Action Recap (3/6): https://newsletter.banklesshq.com/p/weekly-action-recap-177  🐦 Follow Bankless on Twitter: https://twitter.com/BanklessHQ  ----- 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 

Download the crypto meta to your brain in this weekly show. ------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/  ------ GO BANKLESS WITH THESE SPONSOR TOOLS: ⭐️ AAVE - BORROW OR LEND YOUR ASSETS https://bankless.cc/aave  🚀 GEMINI - MOST TRUSTED EXCHANGE AND ONRAMP https://bankless.cc/go-gemini  💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith  📱 DHARMA | MOBILE ONRAMP DIRECTLY INTO DEFI https://bankless.cc/dharma  ------ MARKETS BTC Price $50-$52k ETH Price $1500-$1600 TVL in DeFi $40B DPI $420 NUPL https://studio.glassnode.com/metrics?a=ETH&category=&m=indicators.NetUnrealizedProfitLoss&mAvg=7&mMedian=0&zoom=all  Bitwise DeFi Index Fund - $32.5m https://www.coindesk.com/bitwise-defi-index-fund-sec-filing-growth  DeFi Revenue Chart https://www.theblockcrypto.com/data/decentralized-finance/protocol-revenue  Grayscale Premiums https://twitter.com/rleshner/status/1365679532808806401?s=20  ------ RELEASES Google Finance 'Crypto' tab https://www.google.com/finance  zkSync Investing Round https://twitter.com/zksync/status/1366387870735495169?s=20  Sushi going Multichain https://twitter.com/josephdelong/status/1367226781393166336?s=21  Alpha On BinanceChain https://blog.alphafinance.io/alpha-homora-embraces-multi-chain-future-starting-with-binance-smart-chain-bsc/  MetaMask & Layer 2 https://twitter.com/MetaMask/status/1367229353046790146?s=20  Zerion integrating Polychain https://twitter.com/zerion_io/status/1367528734148886528?s=20  Alchemix Platform - 100M DAI https://twitter.com/scupytrooples/status/1366029422839570432?s=20  B.Protocol-Compound Integration https://medium.com/b-protocol/b-protocol-compound-integration-is-live-fe026ba7b301  Kings Of Leon Album NFT https://www.rollingstone.com/pro/news/kings-of-leon-when-you-see-yourself-album-nft-crypto-1135192/  Introducing ‘Gateway’ https://medium.com/compound-finance/gateway-623f6f48d2b6  ------ NEWS Citigroup Report on Crypto https://www.cnbc.com/2021/03/01/bitcoin-btc-is-at-a-tipping-point-citi-says.html  Paypal To Buy Curv https://www.coindesk.com/paypal-to-buy-crypto-custody-firm-curv-sources  Paypal & Smart-Contracts? https://twitter.com/mdudas/status/1367525905761984517?s=20  MicroStrategy Buys BTC - $15m https://decrypt.co/59789/microstrategy-invests-15-million-in-bitcoin-adding-to-4-3-billion-stash  Furucombo Exploit - $14m https://www.theblockcrypto.com/linked/96572/defi-building-block-service-furucombo-exploited-for-14m  Fed Looking At Digital Dollar https://markets.businessinsider.com/currencies/news/fed-digital-dollar-jerome-powell-congress-issue-crypto-bitcoin-2021-2-1030114663  Grimes $5.8 Million NFT Auction https://cointelegraph.com/news/musician-grimes-debut-nft-auction-generates-5-8m-in-20-minutes  3LAU $11.6M NFT Sale https://thissongissick.com/post/3lau-11-million-nft-auction/  Ubisoft Bring NFTs into Games https://twitter.com/bruhagan/status/1366711237632004098?s=20  NFT Bull Market https://twitter.com/spencernoon/status/1367495101681983490?s=20  Canada Filing For ETH ETF https://www.theblockcrypto.com/linked/96813/evolve-funds-eth-etf-filing-canada  BitMEX’s Arthur Hayes Expected To Surrender https://twitter.com/ppogodin/status/1367189056212398081?s=21  ------ TAKES Burniske Advice to entrepreneurs https://twitter.com/cburniske/status/1367231116529180672?s=20  BSC Speedrunning DeFi summer https://twitter.com/sassal0x/status/1367437987185709062?s=20  ETH's Moat is EVM https://thedailygwei.substack.com/p/the-evm-is-the-moat-the-daily-gwei  Full Blocks Maximalist https://twitter.com/TrustlessState/status/1367364003521986561?s=20  ETH Maxis: Bitcoin is a Worthless Meme Coin https://twitter.com/ashleighschap/status/1366903062091210754?s=20  ------ MEME https://www.instagram.com/p/CLzwCdIgiXH/?igshid=1rmy63avudo2t  ----- Not financial or tax advice. This channel is strictly educational. This channel is NOT: investment advice, a solicitation to buy/sell any asset, 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. See Bankless investment disclosures here: https://newsletter.banklesshq.com/p/bankless-disclosures 

Matt Hougan, CIO of Bitwise, joins Bankless for this week's State of the Nation! Founded in 2017, Bitwise Asset Management pioneered the first cryptocurrency index fund and provides rules-based exposure to the cryptoasset space. Learn about Bitwise's newest product, their DeFi Crypto Index Fund. ------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/  ------ GO BANKLESS WITH THESE SPONSOR TOOLS: ⭐️ AAVE - BORROW OR LEND YOUR ASSETS https://bankless.cc/aave  🚀 GEMINI - MOST TRUSTED EXCHANGE AND ONRAMP https://bankless.cc/go-gemini  💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith  📈 KWENTA - DERIVATIVES TRADING WITH INFINITE LIQUIDITY https://bankless.cc/kwenta​  ------ SotN #36: Bitwise DeFi Crypto Index | CIO Matt Hougan Bitwise is connecting DeFi assets to the world of ‘big money.’ Matt Hougan is CIO (Chief Investment Officer) of Bitwise, and before moving into the crypto space, he pioneered the ETF investment vehicles in the world of traditional finance. Matt, with his dog by his side, posits that there are three ‘buckets’ of wealth in America where capital is pooled. The first is ‘Self-Directed Retail Investors,’ who has bootstrapped crypto from the ground up. The second is ‘Institutional Investors,’ including Venture Capital Firms, Endowments, Foundations, and other large funds. The third – and most neglected – is capital under the ‘Financial Advisor’ umbrella. This is where the 1%-er money is, and this bucket is just now gaining access to the crypto space. The Financial Advisor bucket holds $30-$40 Trillion in assets, and the minds in this space are changing as crypto is increasingly legitimized through improving infrastructure and the strong recovery from the 2017 cycle. Building efficient vehicles to bridge this wealth into crypto is critical for large-scale adoption. This is where Bitwise comes in. Bitwise manages around $1 Billion in assets and created the first Crypto Index Fund, offering a variety of products to retail investors, accredited investors, and financial advisors. Most recently, Bitwise launched its DeFi Crypto Index Fund, exposing financial advisors to the world of DeFi. Analogues to Legacy Finance like Price-to-Earnings Ratios and Cash Flows make DeFi compelling and understandable, but DeFi is showing itself to be “cheaper, more efficient, more open, more transparent, [and] more verifiable.” ------ RELEVANT LINKS: Matt on Twitter: https://twitter.com/Matt_Hougan?s=20  Bitwise: https://www.bitwiseinvestments.com/  Matt's CFA Report on Cryptoassets: https://www.cfainstitute.org/-/media/documents/article/rf-brief/rfbr-cryptoassets.ashx  Makerburn https://makerburn.com/#/  ------ 📣REGISTER FOR COINDESK CONSENSUS 2021 AND SAVE $20 W/ BANKLESS http://bankless.cc/consensus2021  ------ CATCH UP ON BANKLESS: 🗞️ Weekly Rollup (2/26): https://shows.banklesshq.com/p/-rollup-big-dip-nft-culture-coinbase  🧢 Weekly Action Recap (2/28): https://newsletter.banklesshq.com/p/weekly-action-recap-f41  📈 Market Monday (3/1): https://newsletter.banklesshq.com/  🎙️ Podcast with Mark Cuban (3/1): https://shows.banklesshq.com/p/-why-defi-is-the-future-mark-cuban  🐦 Follow Bankless on Twitter: https://twitter.com/BanklessHQ  ----- 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 

Mark Cuban needs no introduction, but the entrepreneur and Shark Tank host has an impressive depth of knowledge of the crypto space, and he has a particular ability to break complicated subjects into simple, digestible ideas. Listen as we talk DeFi, NFTs, Ethereum, and the future of finance with Mark Cuban! ------ 🚀 SUBSCRIBE TO NEWSLETTER: http://bankless.substack.com/  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/  ----- GO BANKLESS WITH THESE SPONSOR TOOLS: ⭐️ AAVE - BORROW OR LEND YOUR ASSETS https://bankless.cc/aave  🚀 GEMINI - MOST TRUSTED EXCHANGE AND ONRAMP https://bankless.cc/go-gemini  💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith  📱 DHARMA - MOBILE ONRAMP DIRECTLY INTO DEFI https://bankless.cc/dharma  ------ 📣LATTICE | NEXT GENERATION OF HARDWARE WALLETS https://bankless.cc/gridplus​  ------ Don't stop at the video! Subscribe to the Bankless newsletter program http://bankless.substack.com/  Visit the official Bankless website http://banklesshq.com/  Follow Bankless on Twitter https://twitter.com/BanklessHQ  Follow Ryan on Twitter https://twitter.com/ryansadams  Follow David on Twitter https://twitter.com/TrustlessState  ----- 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 

🚀 SUBSCRIBE TO NEWSLETTER: http://bankless.substack.com/  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/  ----- 💪BECOME A BANKLESS PREMIUM MEMBER: http://bankless.cc/membership  🔒Subscribe before March 1 to lock in $12/month for life! ----- GO BANKLESS WITH THESE SPONSOR TOOLS: ⭐️ AAVE - BORROW OR LEND YOUR ASSETS https://bankless.cc/aave  🚀 GEMINI - MOST TRUSTED EXCHANGE AND ONRAMP https://bankless.cc/go-gemini  💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith  📱 DHARMA - MOBILE ONRAMP DIRECTLY INTO DEFI https://bankless.cc/dharma  ------ 📣LATTICE - NEXT GENERATION OF HARDWARE WALLETS https://bankless.cc/gridplus​  ------ MARKETS BTC Price $50k - Dip after breaking $58k ETH Price Broke $2k - Hanging in mid-$1600s with Dip TVL in DeFi Peaked at $43B - Now at $35B $DPI - $370 Biggest Day Ever for DEX Volume https://twitter.com/duneanalytics/status/1364473902177677313?s=21  DeFi Pulse Releases New Cryptodollars Page https://twitter.com/defipulse/status/1364310453959200780?s=20  Retail Isn’t Here Yet https://twitter.com/lawmaster/status/1364941277129768964?s=20  ------ RELEASES Optimism dope hires https://twitter.com/optimismPBC/status/1364705156705579009  Andreessen Horowitz on Optimistic Rollups https://a16z.com/2021/02/24/investing-in-optimism/  Dydx Layer 2 w/ ZK-Rollup https://dydx.exchange/blog/alpha  Chainlink Saving Massively on Gas https://decrypt.co/59244/chainlinks-latest-upgrade-a-rapid-evolution-for-defi-ceo-sergey-nazarov  Balancer Aave Partnership https://medium.com/balancer-protocol/balancer-partners-with-aave-to-build-the-first-v2-asset-manager-d9c173330151  Zapper NFT Dashboard https://twitter.com/DeFi_Dad/status/1364308685753843726?s=20  Alchemix https://twitter.com/AlchemixFi/status/1363658484303097858  Tim Beiko proposal for EIP1559 inclusion in London ETH 1 hard fork https://github.com/ethereum/pm/issues/254  ------ NEWS Fedwire goes down https://www.cnbc.com/2021/02/24/the-feds-system-that-allows-banks-to-send-money-back-and-forth-is-down.html  Coinbase Files To Go Public https://twitter.com/lawmaster/status/1364918649425973249?s=20  Nyan Cat NFT sells for 300ETH https://foundation.app/NyanCat/nyan-cat-219  Alpha / Cream Repaying Funds https://blog.alphafinance.io/joint-announcement-on-funds-repayment/  South Korea Bans Privacy Coins from Crypto Banks https://news.bitcoin.com/south-korean-financial-regulator-confirms-privacy-coin-delistings-adds-new-guidelines-to-report-unusual-transactions  Square Buys $170mm BTC https://twitter.com/DeItaone/status/1364319316750061570  MicroStrategy Buys $1.026B BTC https://www.coindesk.com/microstrategy-buys-billion-dollars-bitcoin  Tether & Bitfinex New York Settlement - $18.5mm https://www.theblockcrypto.com/post/95207/bitfinex-tether-new-york-ag-settlement-lawsuit  Brave Wallet + DEX Aggregator - Doubling down https://twitter.com/brave/status/1364296807614930948?s=20  SoRare Professional Soccer (football) NFT Platform https://sorare.com/  ------ TAKES Michael Burry (Big Short) On Inflation https://markets.businessinsider.com/currencies/news/big-short-michael-burry-warns-inflation-bitcoin-gold-hedge-risk-2021-2-1030102452  NFT Inflection Point https://twitter.com/jbrukh/status/1364785907379941377?s=20  Emotional Robbery by Web2 platforms https://twitter.com/TrustlessState/status/1364786359932575745?s=20  Current Prices are the bottom of next Bear Cycle https://twitter.com/cburniske/status/1363189837675646977?s=20  Ethereum the Employer https://twitter.com/TrustlessState/status/1364603328601022467?s=20  Ryan's Jaded About Delegated POS https://twitter.com/ryansadams/status/1364789743054159876?s=21  ------ MEME L2 Implementers Assemble https://twitter.com/Crypt0xWife/status/1364044469323128833?s=20  I am Groot https://twitter.com/Crypt0xWife/status/1363325351724806145?s=20  ------ Don't stop at the video! Subscribe to the Bankless newsletter program http://bankless.substack.com/  Visit the official Bankless website http://banklesshq.com/  Follow Bankless on Twitter https://twitter.com/BanklessHQ  Follow Ryan on Twitter https://twitter.com/ryansadams  Follow David on Twitter https://twitter.com/TrustlessState  ----- 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

UMA Protocol (https://umaproject.org/​) provides open-source infrastructure for developers to efficiently create secure synthetic assets. Hart Lambur is Co-Founder. ----- 🚀 SUBSCRIBE TO NEWSLETTER: http://bankless.substack.com/​​  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/​​  ----- 💪BECOME A BANKLESS PREMIUM MEMBER: Lock in $12/month for life before March 1! http://bankless.cc/membership​​  ----- GO BANKLESS WITH THESE SPONSOR TOOLS: ⭐️ AAVE - BORROW OR LEND YOUR ASSETS https://bankless.cc/aave​​  🚀 GEMINI - MOST TRUSTED EXCHANGE AND ONRAMP https://bankless.cc/go-gemini​​  💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith​​  📱 DHARMA - MOBILE ONRAMP DIRECTLY INTO DEFI https://bankless.cc/dharma​  ------ 📣LATTICE | NEXT GENERATION OF HARDWARE WALLETS https://bankless.cc/gridplus​  ------ Relevant Links: UMA Protocol https://umaproject.org/  Hart on Twitter https://twitter.com/hal2001?s=20  ------ Don't stop at the video! Visit the official Bankless website http://banklesshq.com/​​  Follow Bankless on Twitter https://twitter.com/BanklessHQ​​  Follow Ryan on Twitter https://twitter.com/ryansadams​​  Follow David on Twitter https://twitter.com/TrustlessState​​  ----- 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 we may add links in this channel to products we use. We may receive commission if you make a purchase through one of these links. We'll always disclose when this is the case.

Guests: Duncan & Griffin Cock Foster We bring on the Cock Foster Twins, Co-Founders of Nifty Gateway, to the Bankless State of the Nation to discuss all things NFT and the roadmap to the metaverse. ----- 🚀 SUBSCRIBE TO NEWSLETTER: http://bankless.substack.com/​​  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/​​  ----- 💪BECOME A BANKLESS PREMIUM MEMBER: Lock in $12/month for life before March 1! http://bankless.cc/membership​​  ----- GO BANKLESS WITH THESE SPONSOR TOOLS: ⭐️ AAVE - BORROW OR LEND YOUR ASSETS https://bankless.cc/aave​​  🚀 GEMINI - MOST TRUSTED EXCHANGE AND ONRAMP https://bankless.cc/go-gemini​​  💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith​​  📱 DHARMA - MOBILE ONRAMP DIRECTLY INTO DEFI https://bankless.cc/dharma​  ------ 📣LATTICE | NEXT GENERATION OF HARDWARE WALLETS https://bankless.cc/gridplus​  ------ Relevant Links: Nifty Gateway https://niftygateway.com/​  Duncan on Twitter https://twitter.com/DCCockFoster?s=20​  Griffin on Twitter https://twitter.com/gcockfoster​  ------ Don't stop at the video! Visit the official Bankless website http://banklesshq.com/​​  Follow Bankless on Twitter https://twitter.com/BanklessHQ​​  Follow Ryan on Twitter https://twitter.com/ryansadams​​  Follow David on Twitter https://twitter.com/TrustlessState​​  ----- 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 we may add links in this channel to products we use. We may receive commission if you make a purchase through one of these links. We'll always disclose when this is the case.

Guests: Justin Moses - CTO of Synthetix Robbie Ferguson - Co-Founder & President of Immutable Matt Finestone - Head of Business Development at Loopring We discuss how these three voices in the crypto space have been integral in building successful DeFi products on the Ethereum mainnet. Listen in for a deep-dive into the different methods these protocols have taken to implement their apps on an Ethereum Layer 2. ----- 🚀 SUBSCRIBE TO NEWSLETTER: http://bankless.substack.com/ ✊ STARTING GUIDE BANKLESS: https://bit.ly/37Q17uI 🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/ 👕 BUY BANKLESS TEE: https://merch.banklesshq.com/ ----- 💪BECOME A BANKLESS PREMIUM MEMBER: http://bankless.cc/membership ------ AFTER THE SHOW DEBRIEF: https://shows.banklesshq.com/p/exclusive-debrief-building-layer ----- GO BANKLESS WITH THESE SPONSOR TOOLS: ⭐️ AAVE - BORROW OR LEND YOUR ASSETS https://bankless.cc/aave 🚀 GEMINI - MOST TRUSTED EXCHANGE AND ONRAMP https://bankless.cc/go-gemini 💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith 📱 DHARMA - MOBILE ONRAMP DIRECTLY INTO DEFI https://bankless.cc/dharma ------ Topics Covered: 0:00 Intro 5:14 Loopring & ZK-Rollups 13:17 Immutable NFTs & ZK-Rollups 17:31 Synthetix & Optimistic Rollups 21:03 Why Ethereum? Why Rollups? 39:24 Layer 2 Efficacy/Roadmaps 1:01:25 Composability 1:18:22 L2 On-Ramps 1:27:52 Does L2 Compete w/ ETH? 1:34:47 Closing & Disclaimer ------ Relevant Links: Synthetix https://synthetix.io/ Immutable https://www.immutable.com/ Loopring https://loopring.org/#/ An Incomplete Guide to Rollups (w/ Vitalik) https://youtu.be/wcCHlqgGSH4 ------ Don't stop at the video! Follow Bankless on Twitter https://twitter.com/BanklessHQ Follow Ryan on Twitter https://twitter.com/ryansadams Follow David on Twitter https://twitter.com/TrustlessState ----- 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

🚀 SUBSCRIBE TO NEWSLETTER: http://bankless.substack.com/  ✊ STARTING GUIDE BANKLESS: https://bit.ly/37Q17uI  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/  👕 BUY BANKLESS TEE: https://merch.banklesshq.com/  ----- 💪BECOME A BANKLESS PREMIUM MEMBER: http://bankless.cc/membership  ----- GO BANKLESS WITH THESE SPONSOR TOOLS: ⭐️ AAVE - BORROW OR LEND YOUR ASSETS https://bankless.cc/aave  🚀 GEMINI - MOST TRUSTED EXCHANGE AND ONRAMP https://bankless.cc/go-gemini  💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith  📱 DHARMA - MOBILE ONRAMP DIRECTLY INTO DEFI https://bankless.cc/dharma  ------ 📣LATTICE - NEXT GENERATION OF HARDWARE WALLETS https://bankless.cc/gridplus  ------ MARKETS BTC Price $52k - New High, Breaking $50k ETH Price $1900 - New High TVL in DeFi $41.8B - New High $DPI $440 More than 173K BTC on Ethereum https://twitter.com/0xstark/status/1360035942115934208?s=21  New ATH For Ethereum Miner Revenues https://twitter.com/lars_hl/status/1356259559057334272?s=20  Largest Banks by Market Cap ;) https://companiesmarketcap.com/banks/largest-banks-by-market-cap/  ETH Balance on Exchanges Going Down https://studio.glassnode.com/metricsa=BTC&category=&m=distribution.BalanceExchangesRelative  ------ RELEASES Beeple Brings the NFT Revolution to Christie’s https://metaversal.banklesshq.com/p/beeple-brings-the-nft-revolution  Bitcoin ETF Coming to Canadian Exchange https://blwk.omeclk.com/portal/wts/ucmcny2h%7CbbQaNeqo%7Cv9cFk2TRnhBHD3n  RAI Mainnet Launch (“RAI IS ETH”) https://twitter.com/reflexerfinance/status/1362036488167444485?s=20  EulerBeats - Audio NFT's! https://eulerbeats.com/  POOL Token https://newsletter.banklesshq.com/p/-alpha-alert-pooltogether-airdrop  DexGuru: Another Bloomberg Terminal for DeFi https://dex.guru/token/0x2260fac5e5542a773aa44fbcfedf7c193bc2c599  ------ NEWS Robinhood to enable Crypto withdrawals/deposits https://twitter.com/Reuters/status/1362239190340145154?s=20  Yang Gang on the Crypto Train https://twitter.com/andrewyang/status/1359992211186843649?s=21  Bitwise Launches New DeFi Fund for Accredited Investors https://www.theblockcrypto.com/post/95129/bitwise-defi-fund-accredited-investors  This is How Governance Works (EIP-1559) https://supporteip1559.org/  Dapper Labs raise $250m at $2B Valuation https://www.coindesk.com/nba-top-shot-cryptokitties-firm-dapper-labs-raising-250m-at-2b-valuation-report  CREAM Exploit via Alpha (CREAM TVL Down 84%) https://twitter.com/FrankResearcher/status/1360513422689984512?s=20  Largest Liquidation Event in DeFi History https://twitter.com/TechnicalCrypto/status/1361184481655353348?s=20  Uniswap Has Processed over $100B in Volume https://twitter.com/haydenzadams/status/1361356927226310668?s=20  Coinbase Powers Tesla BTC Buy https://www.theblockcrypto.com/post/95146/coinbase-tesla-bitcoin-buy  Cryptopunk sells for 650 ETH https://twitter.com/cryptopunksbot/status/1362437000041803778?s=20  ------ TAKES I found BinanceChain https://twitter.com/RyanSAdams/status/1362471653117222913?s=20  Art is priced in ETH https://twitter.com/econoar/status/1362200551849488388?s=20  Ethereum is An Emergent Structure https://twitter.com/RyanSAdams/status/1360704029152727040?s=20  Michael Saylor Arbing the Boomer System https://twitter.com/ErikVoorhees/status/1361741094732455939?s=20  ------ MEME Always Who You Most Suspect https://www.instagram.com/p/CLTDaK7gvMy/?igshid=1pysho1sh3w4g  ------ Don't stop at the video! Follow Bankless on Twitter https://twitter.com/BanklessHQ  Follow Ryan on Twitter https://twitter.com/ryansadams  Follow David on Twitter https://twitter.com/TrustlessState  ----- 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 

An AMA with the Project Lead at Alpha Finance Lab, an Ecosystem of DeFi Products. 🚀 SUBSCRIBE TO NEWSLETTER: http://bankless.substack.com/​  ✊ STARTING GUIDE BANKLESS: https://bit.ly/37Q17uI​  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/​  👕 BUY BANKLESS TEE: https://merch.banklesshq.com/​  ----- 💪BECOME A BANKLESS PREMIUM MEMBER: http://bankless.cc/membership​  ------ GO BANKLESS WITH THESE SPONSOR TOOLS: ⭐️ AAVE - BORROW OR LEND YOUR ASSETS https://bankless.cc/aave​  🚀 GEMINI - MOST TRUSTED EXCHANGE AND ONRAMP https://bankless.cc/go-gemini​  💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith​  📱 DHARMA - MOBILE ONRAMP DIRECTLY INTO DEFI https://bankless.cc/dharma ------ 📣LATTICE | NEXT GENERATION OF HARDWARE WALLETS https://bankless.cc/gridplus ------ AMA with Tascha from Alpha Finance Alpha Finance Lab (https://alphafinance.io/ ) is an ecosystem of DeFi products including Alpha Homora (https://homora.alphafinance.io/​), which released its V2 upgrade in January 2021. Tascha is Project Lead and Co-Founder. Tascha on Twitter https://twitter.com/tascha_panpan?s=20​  ------ Don't stop at the video! Subscribe to the Bankless newsletter program http://bankless.substack.com/​  Visit the official Bankless website http://banklesshq.com/​  Follow Bankless on Twitter https://twitter.com/BanklessHQ​  Follow Ryan on Twitter https://twitter.com/ryansadams​  Follow David on Twitter https://twitter.com/TrustlessState ​ ----- 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 we may add links in this channel to products we use. We may receive commission if you make a purchase through one of these links. We'll always disclose when this is the case.

Guests: Mihailo Benjic & Sandeep Nailwal We bring Mihailo & Sandeep of Polygon (formerly Matic) to the Bankless State of The Nation, to discuss Ethereum's Internet of Blockchains and Polygon's approach to connecting networks. ----- 🚀 SUBSCRIBE TO NEWSLETTER: http://bankless.substack.com/​​  ✊ STARTING GUIDE BANKLESS: https://bit.ly/37Q17uI​​  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/​​  👕 BUY BANKLESS TEE: https://merch.banklesshq.com/​​  ----- 💪BECOME A BANKLESS PREMIUM MEMBER: http://bankless.cc/membership​​  ----- GO BANKLESS WITH THESE SPONSOR TOOLS: ⭐️ AAVE - BORROW OR LEND YOUR ASSETS https://bankless.cc/aave​​  🚀 GEMINI - MOST TRUSTED EXCHANGE AND ONRAMP https://bankless.cc/go-gemini​​  💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith​​  📱 DHARMA - MOBILE ONRAMP DIRECTLY INTO DEFI https://bankless.cc/dharma​  ------ 📣LATTICE | NEXT GENERATION OF HARDWARE WALLETS https://bankless.cc/gridplus​  ------ Relevant Links: Polygon https://polygon.technology/​  Our Tactic on Using Polymarket https://newsletter.banklesshq.com/p/how-to-bet-on-defi-with-polymarket Sandeep on Twitter https://twitter.com/sandeepnailwal?s=20​  Mihailo on Twitter https://twitter.com/MihailoBjelic?s=20​  ------ Don't stop at the video! Subscribe to the Bankless newsletter program http://bankless.substack.com/​​  Visit the official Bankless website http://banklesshq.com/​​  Follow Bankless on Twitter https://twitter.com/BanklessHQ​​  Follow Ryan on Twitter https://twitter.com/ryansadams​​  Follow David on Twitter https://twitter.com/TrustlessState​​  ----- 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 we may add links in this channel to products we use. We may receive commission if you make a purchase through one of these links. We'll always disclose when this is the case.

🚀 SUBSCRIBE TO NEWSLETTER: http://bankless.substack.com/​  ✊ STARTING GUIDE BANKLESS: https://bit.ly/37Q17uI​  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/ ​ 👕 BUY BANKLESS TEE: https://merch.banklesshq.com/​  ----- 💪BECOME A BANKLESS PREMIUM MEMBER: http://bankless.cc/membership​  ----- GO BANKLESS WITH THESE SPONSOR TOOLS: ⭐️ AAVE - BORROW OR LEND YOUR ASSETS https://bankless.cc/aave​  🚀 GEMINI - MOST TRUSTED EXCHANGE AND ONRAMP https://bankless.cc/go-gemini​  💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith​  📈 📱 DHARMA - MOBILE ONRAMP DIRECTLY INTO DEFI https://bankless.cc/dharma  ------ 52 - The Crypto Milkshake Theory Guest: Brent Johnson Brent Johnson, known for his “Dollar Milkshake Theory,” is a macro-focused wealth manager. We discuss crypto from his broad perspective, focusing on the Federal Reserve, the Dollar, and our take on his ideas – The Crypto Milkshake Theory. We observed the Federal Reserve coming into the limelight in the past year, with increased attention on Jerome Powell and other central bankers as they become more like players than referees. Brent lays out how our system (and all fiat currencies) are built for exponential growth. An exponentially growing market will be increasingly susceptible to larger and more frequent volatility. This calls for stronger central bank action, which accelerates these fundamental issues. Interestingly, Brent believes in the strength of the Dollar (at least in the short-term), expecting it to be the last fiat currency to get knocked out. The COVID-19 Crash in March 2020 was an example of this deflationary volatility, and Brent views the system’s current narrative as ripe for another market crash and dollar bull run. On the crypto side of things, Brent sees assets like BTC as a valid store of value, and the advantages of non-sovereign wealth stores merit serious consideration. His concerns about the space involve the difficulties of using crypto as money and the power of governments to curb blockchain use. However, blockchain technology is a “genie out of the bottle” and is here to stay. ------ Brent on Twitter https://twitter.com/SantiagoAuFund?s=2  Brent's Presentation on The Dollar Milkshake Theory https://youtu.be/2qTOWuL7Zco  ------ Don't stop at the video! Subscribe to the Bankless newsletter program http://bankless.substack.com/​  Visit the official Bankless website http://banklesshq.com/​  Follow Bankless on Twitter https://twitter.com/BanklessHQ​  Follow Ryan on Twitter https://twitter.com/ryansadams​  Follow David on Twitter https://twitter.com/TrustlessState ​ ----- 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 we may add links in this channel to products we use. We may receive commission if you make a purchase through one of these links. We'll always disclose when this is the case.

🚀 SUBSCRIBE TO NEWSLETTER: http://bankless.substack.com/​​  ✊ STARTING GUIDE BANKLESS: https://bit.ly/37Q17uI​​  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/ ​​ 👕 BUY BANKLESS TEE: https://merch.banklesshq.com/​​  ----- 💪BECOME A BANKLESS PREMIUM MEMBER: http://bankless.cc/membership​​  ----- GO BANKLESS WITH THESE SPONSOR TOOLS: ⭐️ AAVE - BORROW OR LEND YOUR ASSETS https://bankless.cc/aave​​  🚀 GEMINI - MOST TRUSTED EXCHANGE AND ONRAMP https://bankless.cc/go-gemini ​​ 💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith ​​ 📈 KWENTA - DERIVATIVES TRADING WITH INFINITE LIQUIDITY https://bankless.cc/kwenta​  ------ 📣REGISTER FOR COINDESK CONSENSUS 2021 AND SAVE $20 W/ BANKLESS http://bankless.cc/consensus2021  ------ MARKET BTC Price $47K (New high w/ Tesla $1.5B buy) Flirting w/ $50k ETH Price $1800 (New high… again) Passed 1 trillion transactions on Ethereum https://twitter.com/etherscan/status/1357748137478131713?s=20  TVL in DeFi: Nearly $40B $DPI: $408 DPI/ETH Daily Chart! https://www.tradingview.com/symbols/DPIWETH/?exchange=UNISWAP Touching $1B AUM in DAOs https://twitter.com/DeepDAO_io/status/1357379114089472003?s=20 Crypto Art Sales Reach a Record $80 Million https://decrypt.co/56998/crypto-art-sales-on-ethereum-reach-a-record-80-million See Chart Here https://cryptoart.io/data  Token Terminal https://terminal.tokenterminal.com/dashboard/AMMs  ETH Powers over $30B in Stablecoins https://twitter.com/spencernoon/status/1359650088306569216?s=21  Metamask Absolutely Printing Money https://twitter.com/tomhschmidt/status/1359393949568303104?s=20  ------ RELEASES Matic Turning into Polygon https://twitter.com/maticnetwork/status/1359206750239551492?s=20  Hashmasks made over $13 Million in First Week of Sales https://blog.flipsidecrypto.com/hashmasks-on-opensea/  Ledger has integrated WalletConnect (DeFi) https://decrypt.co/56993/ledger-owners-can-now-access-defi-from-ledgers-mobile-app  No Loss Prize Pool Builder is Live https://medium.com/pooltogether/prize-pool-builder-9f9c95fad860  UMA Protocol Releasing “KPI Options” with Community Airdrop https://twitter.com/UMAprotocol/status/1359745145793486849  SUSHI in Coinbase Custody https://twitter.com/MessariCrypto/status/1359950434715262983?s=20  ------ NEWS TESLA BUYS BTC https://twitter.com/carlquintanilla/status/1358758512613015554?s=20  CME: Nearly 400 ETH Futures Contracts Traded on First Day https://www.theblockcrypto.com/linked/94262/cme-eth-futures-contracts-launch-first-day  MasterCard bringing Crypto onto Network https://www.mastercard.com/news/perspectives/2021/why-mastercard-is-bringing-crypto-onto-our-network/  Huge Celeb NFT https://twitter.com/MesutOzil1088/status/1359851478849122307?s=20  Hester Pierce, SEC Commissioner, says we’re ready for a Bitcoin ETF https://www.coindesk.com/peirce-sec-coindesk-t  Twitter Considering Adding BTC to Balance Sheet https://www.coindesk.com/twitter-considering-bitcoin-options-including-on-balance-sheet-exec-says
  Coinbase uses 25% of all ETH gas https://twitter.com/will__price/status/1357406288884432898?s=20  Federal Reserve of St. Louis loves DeFi (and apparently Bankless) https://twitter.com/RyanSAdams/status/1358876105541881863?s=20  BNY Mellon Announcing it will offer Custody for Crypto https://www.wsj.com/articles/bitcoin-to-come-to-america-s-oldest-bank-bny-mellon-11613044810  Yearn Hack and $11m loss https://www.theblockcrypto.com/linked/93818/yearn-finance-dai-pool-defi-exploit-attack  Yearn Restores yDAI Vault and Compensates Hack Victims https://thedefiant.io/yearn-restores-ydai-vault-and-compensates-hack-victims/ 

Avalanche Blockchain stopped working https://www.coindesk.com/avalanche-developers-rush-client-patch-as-bug-slows-avalanche-transactions  ------ TAKES We’re nowhere close to the top https://twitter.com/gerrrrrrrrrg/status/1358066872927858688?s=21  Let's talk about high gas fees https://twitter.com/RyanSAdams/status/1359540327091167233?s=20 Early Adoption is Expensive and Clunky…. But just wait. https://twitter.com/ashleighschap/status/1359185073543794689?s=21  1 Flippening Left https://twitter.com/RyanSAdams/status/1359161920415236109?s=20  Memes are going to take ETH to 10k https://twitter.com/TrustlessState/status/1359660705062899714?s=20  ------ MEME Jay-Z Confirmed Bankless https://twitter.com/Crypt0xWife/status/1359381601919074309?s=20  ------ Don't stop at the video! Subscribe to the Bankless newsletter program http://bankless.substack.com/  Visit the official Bankless website http://banklesshq.com/  Follow Bankless on Twitter https://twitter.com/BanklessHQ  Follow Ryan on Twitter https://twitter.com/ryansadams  Follow David on Twitter https://twitter.com/TrustlessState  ----- 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 we may add links in this channel to products we use. We may receive commission if you make a purchase through one of these links. We'll always disclose when this is the case.

🚀 SUBSCRIBE TO NEWSLETTER: http://bankless.substack.com/​ ✊ STARTING GUIDE BANKLESS: https://bit.ly/37Q17uI​  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/​  👕 BUY BANKLESS TEE: https://merch.banklesshq.com/​  ----- 💪BECOME A BANKLESS PREMIUM MEMBER: http://bankless.cc/membership​  ------ GO BANKLESS WITH THESE SPONSOR TOOLS: ⭐️ AAVE - BORROW OR LEND YOUR ASSETS https://bankless.cc/aave​  🚀 GEMINI - MOST TRUSTED EXCHANGE AND ONRAMP https://bankless.cc/go-gemini​  💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith​  📈 KWENTA - DERIVATIVES TRADING WITH INFINITE LIQUIDITY https://bankless.cc/kwenta​  ------ 📣REGISTER FOR COINDESK CONSENSUS 2021 AND SAVE $20 W/ BANKLESS http://bankless.cc/consensus2021​  ------ SotN #33: Joseph Lubin on CME ETH Futures (Future of ETH, 2021 Bull Run, Consensys) We bring Joseph Lubin, co-founder of Ethereum and founder of Consensys, to the Bankless State of the Nation. We do a deep dive into the story of Ethereum, the joint futures of ETH and Consensys, and the current crypto Bull Market. Topics Covered: -The Story of ETH -CME Futures -ETH's roadmap with Proof-of-Stake and EIP1559 -2021 Bull Run -Future of Consensys ------ Relevant Links: Joseph on Twitter https://twitter.com/ethereumJoseph?s=20​  Consensys https://consensys.net/​  ------ Don't stop at the video! Subscribe to the Bankless newsletter program http://bankless.substack.com/​  Visit the official Bankless website http://banklesshq.com/​  Follow Bankless on Twitter https://twitter.com/BanklessHQ​  Follow Ryan on Twitter https://twitter.com/ryansadams​ Follow David on Twitter https://twitter.com/TrustlessState​  ----- 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 we may add links in this channel to products we use. We may receive commission if you make a purchase through one of these links. We'll always disclose when this is the case.

🚀 SUBSCRIBE TO NEWSLETTER: http://bankless.substack.com/​ ✊ STARTING GUIDE BANKLESS: https://bit.ly/37Q17uI​ 🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/​ 👕 BUY BANKLESS TEE: https://merch.banklesshq.com/​ ----- 💪BECOME A BANKLESS PREMIUM MEMBER: http://bankless.cc/membership​ ----- GO BANKLESS WITH THESE SPONSOR TOOLS: ⭐️ AAVE - BORROW OR LEND YOUR ASSETS https://bankless.cc/aave​ 🚀 GEMINI - MOST TRUSTED EXCHANGE AND ONRAMP https://bankless.cc/go-gemini​  💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith​  📈 KWENTA - DERIVATIVES TRADING WITH INFINITE LIQUIDITY https://bankless.cc/kwenta​  ------ 51 - 2020 Reflections on Crypto and Beyond Guest: Vitalik Buterin We bring on Vitalik to digest the third of his recent posts on his website: Endnotes on 2020: Crypto and Beyond https://vitalik.ca/general/2020/12/28/endnotes.html  Vitalik wrote this post from Singapore, noting that 2020 was an extremely interesting year in which we faced “humanity’s first boss-level enemy since 1945.” However, it was also a year that brought much hope in areas like transportation, medicine, AI, and blockchains. We have observed a transition in the Political economy from physical to digital – 2020 served as a high-octane accelerant for these changes. A key piece of this change is shifting emphasis from physical private goods to digital public goods. This transition requires creative solutions to the challenges of effective governance. The phrase “digital nationalism” refers humanity’s recent tendency to polarize and how this extends to the internet. Both Bitcoin and Ethereum have undergone great schisms, resulting in hard forks like BCH and ETC. These phenomena in the rising political economy will likely continue. Vitalik walks through the tricky relationship between our financial and non-monetary social motivations. Culture and narrative can be incredibly powerful tools for innovation, but altruistic people are not the only ones with access to these things. Vitalik concludes with thoughts on the Big X - Big Government, Big Business, Big Tech, etc. This multidisciplinary “dense jungle” is populated by a variety of powerful groups with dynamic interrelationships, and blockchains & cryptocurrencies are set up to play a vital role. ------ Vitalik's Blog: https://vitalik.ca/  Vitalik on Twitter: https://twitter.com/VitalikButerin  ------ Don't stop at the video! Subscribe to the Bankless newsletter program http://bankless.substack.com/​  Visit the official Bankless website http://banklesshq.com/​  Follow Bankless on Twitter https://twitter.com/BanklessHQ​  Follow Ryan on Twitter https://twitter.com/ryansadams​  Follow David on Twitter https://twitter.com/TrustlessState​  ----- 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 we may add links in this channel to products we use. We may receive commission if you make a purchase through one of these links. We'll always disclose when this is the case.

🚀 SUBSCRIBE TO NEWSLETTER: http://bankless.substack.com/​​ ✊ STARTING GUIDE BANKLESS: https://bit.ly/37Q17uI​​ 🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/​​ 👕 BUY BANKLESS TEE: https://merch.banklesshq.com/​​ ----- 💪BECOME A BANKLESS PREMIUM MEMBER: http://bankless.cc/membership​​ ----- GO BANKLESS WITH THESE SPONSOR TOOLS: ⭐️ AAVE - BORROW OR LEND YOUR ASSETS https://bankless.cc/aave​​ 🚀 GEMINI - MOST TRUSTED EXCHANGE AND ONRAMP https://bankless.cc/go-gemini​​ 💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith​​ 📈 KWENTA - DERIVATIVES TRADING WITH INFINITE LIQUIDITY https://bankless.cc/kwenta​ ------ MARKET BTC 37k ETH Touched 1.7K! (1 week after GameStop fiasco!) Extremely Volatile in the 1.6k range ETH/BTC Ratio https://twitter.com/cburniske/status/1357179675986960384?s=20 TVL in DeFi: $33B $DPI: $408 DPI/ETH 1-Day Chart! https://www.tradingview.com/symbols/DPIWETH/?exchange=UNISWAP AAVE from $300 to $520 in 2 days https://www.coingecko.com/en/coins/aave Settlement Value https://money-movers.info/ Layer 2 Is Here https://twitter.com/L2Wars/status/1356268228847267842?s=20 Alpha Finance originating more loans that Aave https://twitter.com/jpurd17/status/1357353513773199360?s=21 Nexus Mutual All-Time Highs https://twitter.com/mhonkasalo/status/1354702636130381825?s=20 ------ RELEASES HashMasks! https://twitter.com/TheHashmasks NFTX enabling liquidity providing for HashMasks https://blog.nftx.org/how-to-become-a-hashmasks-liquidity-provider/ Balancer V2 Is Coming https://twitter.com/BalancerLabs/status/1356638858465656832?s=20 Parsec Launch & Building for the Next 10 Years of DeFi https://sheehan-95.medium.com/parsec-launch-building-for-the-next-10-years-of-defi-b3c82a47d225 Arbitrum Demo! https://portal.arbitrum.io/ https://twitter.com/arbitrum/status/1354937176769892366 Goldfinch Introducing “Crypto Loans Without Collateral” https://medium.com/goldfinch-fi/introducing-goldfinch-crypto-loans-without-collateral-fc0cad9d13e Grayscale releases ‘Valuing Ethereum’ paper https://twitter.com/sonnenshein/status/1357354359948984323?s=21 ------ NEWS Grayscale releases ‘Valuing Ethereum’ paper https://twitter.com/sonnenshein/status/1357354359948984323?s=21 UNI & Aave Now in the Bitwise 10 https://twitter.com/BitwiseInvest/status/1355281829549334528?s=20 5 Potential New Greyscale Trusts? https://www.coindesk.com/grayscale-may-have-laid-groundwork-for-5-more-potential-crypto-trusts Aave in Greyscale https://twitter.com/mrjasonchoi/status/1354759848529862659?s=20 https://twitter.com/jacobshiach/status/1354966787335409665?s=20 Visa’s Q1 Earning’s Call (Stablecoins, Payment Networks) https://www.theblockcrypto.com/linked/93045/visa-earnings-call-crypto-strategy Michael Saylor BTC Webinar indicates massive interest https://www.bloomberg.com/news/articles/2021-02-03/bitcoin-proselytizer-saylor-says-over-1-000-firms-join-webinar India to Ban Bitcoin? https://www.cnbc.com/2021/01/30/the-indian-government-may-ban-cryptocurrencies-like-bitcoin.html Logan Paul issues NFTs with Bondly https://www.bondly.finance/ Big Names Into Crypto: Ray Dalio on Bitcoin: https://www.bridgewater.com/research-and-insights/ray-dalio-what-i-think-of-bitcoin Mark Cuban Likes ETH: https://twitter.com/iamDCinvestor/status/1354780502599860226?s=20 ------ TAKES DeFi tokens wealth: NFT Status https://twitter.com/juliankoh/status/1356814988837588992 ETH’s Future is with ETH Holders https://twitter.com/wongisrite/status/1356725612992335873?s=20 It’s okay to not own BTC Pt 1: https://twitter.com/TrustlessState/status/1356988079714668548?s=20 GME drama a 20B ad for Bitcoin https://www.cryptovantage.com/news/the-gamestop-stock-craze-is-basically-a-20-billion-ad-for-bitcoin/ Decentralized Robinhood Already Exists https://twitter.com/zerion_io/status/1354889096502513665?s=20 ------ MEME https://twitter.com/TrustlessState/status/1357161023648657409?s=20 ------ Don't stop at the video! Subscribe to the Bankless newsletter program http://bankless.substack.com/ Visit the official Bankless website http://banklesshq.com/ Follow Bankless on Twitter https://twitter.com/BanklessHQ Follow Ryan on Twitter https://twitter.com/ryansadams Follow David on Twitter https://twitter.com/TrustlessState ----- 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 we may add links in this channel to products we use. We may receive commission if you make a purchase through one of these links. We'll always disclose when this is the case.

🚀 SUBSCRIBE TO NEWSLETTER: http://bankless.substack.com/​ ✊ STARTING GUIDE BANKLESS: https://bit.ly/37Q17uI​ 🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/​ 👕 BUY BANKLESS TEE: https://merch.banklesshq.com/​ ----- 💪BECOME A BANKLESS PREMIUM MEMBER: http://bankless.cc/membership​ ----- GO BANKLESS WITH THESE SPONSOR TOOLS: ⭐️ AAVE - BORROW OR LEND YOUR ASSETS https://bankless.cc/aave​ 🚀 GEMINI - MOST TRUSTED EXCHANGE AND ONRAMP https://bankless.cc/go-gemini​ 💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith​ 📈 KWENTA - DERIVATIVES TRADING WITH INFINITE LIQUIDITY https://bankless.cc/kwenta​ ------ SotN32: Does DeFi Fix This? Cameron & Tyler Winklevoss ($GME Gamestop Short-Squeeze, Robinhood, Melvin Capital) We bring Tyler & Cameron Winklevoss, founders of the Gemini Exchange and crypto-visionaries, to the Bankless State of the Nation. We do a deep dive into the market craze of the Gamestop ($GME) Short-Squeeze, r/Wallstreetbets, and what it means for the DeFi space. Topics Covered: -r/WallStreetBets -Robinhood Retail vs. Institutional Elite -Media & The Establishment -Is Traditional Finance Broken? -DeFi's Big Moment -Gemini Updates Cameron & Tyler Winklevoss had a heated appearance on CNBC last week to discuss the events of the Gamestop Short-Squeeze in the context of populism, the inequity of the current financial establishment, and cryptocurrency. Their argument centers on the relationship between censorship and centralization –problems that don't exist in the crypto landscape. The $GME craze has been the epicenter of a growing protest against the institutional elite – this protest inherently calls for decentralization and distributed power. DeFi fixes this. Brokerages like Robinhood having the power to limit trading based on a phone call is a war cry to adopt permissionless transacting. Cameron describes how this is an example of the people becoming disillusioned to the monopoly of modern money. The media establishment has vastly underestimated and vilified these "internet amateurs." The Winklevi discuss how a money-making opportunity turned into a movement demanding institutional change, flaming the fires of broken trust after events like the '08 collapse. Public forums like Twitter and Reddit have become powerful tools to organize the masses, and the sentiments seen here reflect cryptocurrency's value propositions. The big question remaining is how these events and arguments can serve as a rallying point for DeFi adoption. Cameron & Tyler are optimistic about DeFi's solutions to increasingly relevant and urgent problems in our current system. ------ Relevant Links: Tyler Winklevoss on Twitter https://twitter.com/tyler​ Cameron Winklevoss on Twitter https://twitter.com/cameron​ Gemini Exchange https://bankless.cc/go-gemini​ ------ Don't stop at the video! Subscribe to the Bankless newsletter program http://bankless.substack.com/​ Visit the official Bankless website http://banklesshq.com/​ Follow Bankless on Twitter https://twitter.com/BanklessHQ​ Follow Ryan on Twitter https://twitter.com/ryansadams​ Follow David on Twitter https://twitter.com/TrustlessState​ ----- 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 we may add links in this channel to products we use. We may receive commission if you make a purchase through one of these links. We'll always disclose when this is the case.

🚀 SUBSCRIBE TO NEWSLETTER: http://bankless.substack.com/  ✊ STARTING GUIDE BANKLESS: https://bit.ly/37Q17uI 🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/ 👕 BUY BANKLESS TEE: https://merch.banklesshq.com/ ----- 💪BECOME A BANKLESS PREMIUM MEMBER: http://bankless.cc/membership ------ 📺AFTER THE SHOW DEBRIEF: https://shows.banklesshq.com/-exclusive-jeremy-allaire-debrief ----- GO BANKLESS WITH THESE SPONSOR TOOLS: ⭐️ AAVE - BORROW OR LEND YOUR ASSETS https://bankless.cc/aave 🚀 GEMINI - MOST TRUSTED EXCHANGE AND ONRAMP https://bankless.cc/go-gemini 💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith 📈 KWENTA - DEVIRATIVES TRADING WITH INFINITE LIQUIDITY https://bankless.cc/kwenta ------ 50 - Crypto-Dollars, Regulation, and DeFi Guest: Jeremy Allaire Jeremy Allaire is a serial entrepreneur and the Co-founder and CEO of Circle, the firm behind USDC. He advocates for the U.S. crypto industry in Washington, paving the way for current and future regulation of cryptoassets. USDC and other stablecoins saw a massive influx throughout 2020 into Ethereum and DeFi as demand skyrocketed, providing a glimpse of possible long-term impacts on the future of money. Jeremy argues for a full-reserve money system based on Austrian Economics, moving away from the money creation inherent to today's fractional-reserve systems. Jeremy details the synergy between fiat stablecoins and non-sovereign, store-of-value, commodity assets. He envisions a future of synthetic digital currencies balanced by a basket of non-sovereign assets. This is a vital time for instituting effective regulatory measures for cryptoassets and protocols, and as a front-line advocate, Jeremy stresses the importance of the crypto industry itself taking the initiative to front-run regulatory issues via creative innovation. Jeremy self-describes as "cautiously optimistic" about establishing meaningful dialogue with regulators like Gary Gensler, Janet Yellen, and FinCen, focusing on specific issues like criminal abuse, self-sovereign identity, and consumer protection. Jeremy concludes with broad market predictions and analysis of DeFi as a massively underrated space, with the long-term goal of DeFi interacting broadly with real-world identities. This was an extremely interesting conversation that shed some much-needed light on stablecoins in a regulatory context, and Jeremy remains a key component throughout this development. ------ Resources: Jeremy Allaire on Twitter https://twitter.com/jerallaire Circle https://www.circle.com/ USDC https://www.circle.com/en/usdc Centre Consortium https://www.centre.io/ ------ Don't stop at the video! Subscribe to the Bankless newsletter program http://bankless.substack.com/ Visit the official Bankless website http://banklesshq.com/ Follow Bankless on Twitter https://twitter.com/BanklessHQ Follow Ryan on Twitter https://twitter.com/ryansadams Follow David on Twitter https://twitter.com/TrustlessState ----- 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 we may add links in this channel to products we use. We may receive commission if you make a purchase through one of these links. We'll always disclose when this is the case.

🚀 SUBSCRIBE TO NEWSLETTER: http://bankless.substack.com/ ✊ STARTING GUIDE BANKLESS: https://bit.ly/37Q17uI 🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/ 👕 BUY BANKLESS TEE: https://merch.banklesshq.com/ ----- 💪BECOME A BANKLESS PREMIUM MEMBER: http://bankless.cc/membership ----- GO BANKLESS WITH THESE SPONSOR TOOLS: ⭐️ AAVE - BORROW OR LEND YOUR ASSETS https://bankless.cc/aave 🚀 GEMINI - MOST TRUSTED EXCHANGE AND ONRAMP https://bankless.cc/go-gemini 💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith 📱 DHARMA - MOBILE ONRAMP DIRECTLY INTO DEFI https://bankless.cc/dharma ------ MARKET BTC $32,500, hanging in the low 30,000’s ETH $1480 (New High) High-Highs, Lower Lows TVL in DeFi: 26.5B $DPI: $290 DPI/ETH 1-Day Chart! https://www.tradingview.com/symbols/DPIWETH/?exchange=UNISWAP Corrections - Avg correction in bull market is 35% - Every quarter has a correction - Expect them _______ RELEASES ETH 2.0 available on Bitfinex https://twitter.com/bitfinex/status/1352293087045947394?s=20 L2 is Coming https://twitter.com/StaniKulechov/status/1351952652612067328?s=20 Coinbase offers secondary shares https://www.theblockcrypto.com/linked/92251/coinbase-offer-secondary-market-private-shares-nasdaq Kyber v3 launched a bunch of thing...focused on LPs https://blog.kyber.network/kyber-3-0-architecture-revamp-dynamic-mm-and-knc-migration-proposal-acae41046513?gi=769375436a6f Alpha Homora v2 https://newsletter.banklesshq.com/p/how-to-boost-your-yield-farming-reward Vitalik’s Holy Grail for Rollups https://twitter.com/StarkWareLtd/status/1354061268731179010?s=20 Comparing Layer 2 Solutions https://indexed.wtf/ Uniswap WBTC-ETH and USDC-ETH LP Token Vaults are Live https://twitter.com/nomos_paradox/status/1354280885936250881?s=21 https://vote.makerdao.com/executive/collateral-onboarding-debt-ceiling-adjustments-other-changes?network=mainnet#proposal-detail https://daistats.com/#/ _______ NEWS Track Placeholder Ventures on Chain https://messari.io/screener/placeholder-ventures-portfolio-AD10BC17 Public Company buys BTC (Marathon Patent Group) https://www.theblockcrypto.com/post/92378/nasdaq-marathon-patent-group-buys-bitcoin-btc-treasury-reserves MicroStrategy bought even more BTC https://www.microstrategy.com/content/dam/website-assets/collateral/financial-documents/financial-document-archive/Form-8-K_jan-22-2021.pdf Yellen on Cryptocurrencies https://www.theblockcrypto.com/linked/92028/yellen-treasury-senate-cryptocurrencies?utm_source=cryptopanic&utm_medium=rss Miami Mayor is hot for BTC https://twitter.com/FrancisSuarez/status/1354488469091975168 ConsenSys partners with BSN (China) https://www.coindesk.com/ethereum-based-consensys-quorum-partners-with-chinas-bsn-blockchain Dot’s popularity in China https://decrypt.co/55163/polkadot-china-hottest-crypto DyDx raises $10mm Series B Funding https://t.co/uZ2wFoyv3e Genesis did $20B in Lending in 2020 https://info.genesistrading.com/hubfs/Genesis%20-%20Quarterly%20Reports/Genesis%20Q4%20Report.pdf DyDx did $18B in Lending in 2020 https://drive.google.com/file/d/1j2IIXIfGOnfiwfVDlK8RORa6jbsBjp52/view Mark Cuban & Soulja Boy minting NFT’s Cuban: https://twitter.com/mcuban/status/1354497954732761088?s=20 Soulja Boy: https://twitter.com/souljaboy/status/1354486572037492736?s=19 _______ TAKES Ethereum not blockchain https://twitter.com/JayeHarrill/status/1352027529331134464?s=20 PoS vs PoW on energy https://twitter.com/pythianism/status/1353782557884641281?s=20 Institutions adopt “ETH is Money” https://www.coindesk.com/institutional-investors-ether-rally DeFi paying users instead of advertisers (airdrops were sick) https://twitter.com/erikvoorhees/status/1353939463202893824?s=21 Banks charging negative interest https://twitter.com/q9fmz/status/1354048620253868032?s=21 _______ WSB / GAMESTOP https://markets.businessinsider.com/news/stocks/gamestop-stock-short-seller-squeeze-losses-reddit-traders-citron-gme-2021-1-1030000080 https://www.theblockcrypto.com/linked/92959/rep-tlaib-congress-robinhood-gamestop ------ Don't stop at the video! Subscribe to the Bankless newsletter program http://bankless.substack.com/ Visit the official Bankless website http://banklesshq.com/ Follow Bankless on Twitter https://twitter.com/BanklessHQ Follow Ryan on Twitter https://twitter.com/ryansadams Follow David on Twitter https://twitter.com/TrustlessState ----- 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 we may add links in this channel to products we use. We may receive commission if you make a purchase through one of these links. We'll always disclose when this is the case

🚀 SUBSCRIBE TO NEWSLETTER: http://bankless.substack.com/ ✊ STARTING GUIDE BANKLESS: https://bit.ly/37Q17uI 🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/ 👕 BUY BANKLESS TEE: https://merch.banklesshq.com/ ----- 💪BECOME A BANKLESS PREMIUM MEMBER: http://bankless.cc/membership ----- GO BANKLESS WITH THESE SPONSOR TOOLS: ⭐️ AAVE - BORROW OR LEND YOUR ASSETS https://bankless.cc/aave 🚀 GEMINI - MOST TRUSTED EXCHANGE AND ONRAMP https://bankless.cc/go-gemini 💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith 📱 DHARMA - MOBILE ONRAMP DIRECTLY INTO DEFI https://bankless.cc/dharma ------ AMA with Yaniv Tal, Project Lead at Graph Protocol The Graph (https://thegraph.com/) is an Indexing protocol that organizes data from blockchains, making decentralized data interoperable and easily accessible. Yaniv on Twitter: https://twitter.com/yanivgraph?s=20 ------ Don't stop at the video! Subscribe to the Bankless newsletter program http://bankless.substack.com/ Visit the official Bankless website http://banklesshq.com/ Follow Bankless on Twitter https://twitter.com/BanklessHQ Follow Ryan on Twitter https://twitter.com/ryansadams Follow David on Twitter https://twitter.com/TrustlessState ----- 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 we may add links in this channel to products we use. We may receive commission if you make a purchase through one of these links. We'll always disclose when this is the case

🚀 SUBSCRIBE TO NEWSLETTER: http://bankless.substack.com/ ✊ STARTING GUIDE BANKLESS: https://bit.ly/37Q17uI 🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/ 👕 BUY BANKLESS TEE: https://merch.banklesshq.com/ ----- 💪BECOME A BANKLESS PREMIUM MEMBER: http://bankless.cc/membership ----- GO BANKLESS WITH THESE SPONSOR TOOLS: ⭐️ AAVE - BORROW OR LEND YOUR ASSETS https://bankless.cc/aave 🚀 GEMINI - MOST TRUSTED EXCHANGE AND ONRAMP https://bankless.cc/go-gemini 💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith 📱 DHARMA | MOBILE ONRAMP DIRECTLY INTO DEFI https://bankless.cc/dharma ------ SotN31: The Rise of SushiSwap, with 0x Maki (Sushi vs Uniswap, Differentiation, Future of Sushi) We bring 0xMaki, a core contributor to the SushiSwap DEX, to the Bankless State of the Nation, to get into the story behind Sushi's rise out of the depths of the 3 month DeFi bear market! Topics Covered: - The Sushi Story Thus Far - SushiSwap Differentiation - Integrations and Partnerships - The Future of SushiSwap - The Future of DeFi We begin with a history of the SushiSwap project and its migration from Uniswap. Maki takes us through the structures of the Sushi Ecosystem and discusses the role of Chef Nomi on the trajectory of the exchange in its turbulent beginnings. Maki argues for a flexible, bottom-up, and community-based approach, with an emphasis on integration with other protocols like Yearn Finance, Polkadot, and Cream. We discuss Sushi’s remarkable comeback from its early struggles in 2020, and how its current volume of over $100mm daily is a result of the efforts of its diehard community. Maki differentiates the SushiSwap Protocol from that of its sibling Uniswap, as well as the asset $SUSHI from the asset $UNI. Maki contends that Sushi’s fast-moving UI development and integration with external partners set SushiSwap apart from other DEXes. Maki is optimistic about the adoption of Layer 2 Scaling Solutions throughout DeFi in 2021 and lays out some of SushiSwap’s ambitious plans for the future, including optimizing gas fees and user experience. Lastly, Maki discusses the future of DeFi, arguing for compatibility and coexistence among decentralized protocols. ------ Relevant Links: BentoBox https://boringcrypto.medium.com/bentobox-to-launch-and-beyond-d2d5dc2350bd SushiSwap Exchange https://sushiswap.fi/ SushiSwap’s Roadmap for 2021 https://sushiswapchef.medium.com/2021-3e1f45cf86a2 SushiSwap Forum https://forum.sushiswapclassic.org/ ------ Don't stop at the video! Subscribe to the Bankless newsletter program http://bankless.substack.com/ Visit the official Bankless website http://banklesshq.com/ Follow Bankless on Twitter https://twitter.com/BanklessHQ Follow Ryan on Twitter https://twitter.com/ryansadams Follow David on Twitter https://twitter.com/TrustlessState ----- 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 we may add links in this channel to products we use. We may receive commission if you make a purchase through one of these links. We'll always disclose when this is the case.

🚀 SUBSCRIBE TO NEWSLETTER: http://bankless.substack.com/ ✊ STARTING GUIDE BANKLESS: https://bit.ly/37Q17uI ❤️ JOIN PRIVATE DISCORD: https://bit.ly/2UVI10O 🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/ 👕 BUY BANKLESS TEE: https://merch.banklesshq.com/ ------ AFTER THE SHOW DEBRIEF: https://shows.banklesshq.com/exclusive-justin-drake-debrief ----- GO BANKLESS WITH THESE SPONSOR TOOLS: ⭐️ AAVE - BORROW OR LEND YOUR ASSETS https://bankless.cc/aave 🚀 GEMINI - MOST TRUSTED EXCHANGE AND ONRAMP https://bankless.cc/go-gemini 💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith 📱 DHARMA | MOBILE ONRAMP DIRECTLY INTO DEFI https://bankless.cc/dharma ------ 49 - Moon Math: The Bull Case for Cryptography Guest: Justin Drake Justin Drake is a researcher at the Ethereum Foundation and is leading the charge of the application of cryptography to Ethereum. Justin speaks about how far with come in the cryptocurrency industry, with only two extremely primitive tools: cryptographic hashes and signatures; the fire and wheel of applied cryptography. Justin leads us through a cryptographic-enabled world, where more recent breakthroughs in applied cryptography supplement hashes and signatures. Multi-party computation, fully-homomorphic encryption, SNARKs, verifiable-delay functions, these are all cryptographic tools that are yet-to-be harnessed by the Ethereum blockchain. Importantly, all of these new modern cryptographic tools are developed well beyond theoretical concepts; all that is left is for talented developers to put rubber to pavement. Justin walks the listeners through the user story of a user making a transaction on Uniswap, and discusses how cryptographic tricks can make the entire user process more secure and more trustless. We finish with a discussion about the long term fate of the Bitcoin blockchain, and its collision course with quanton computing, which threatens to break some of the crucial features that makes Bitcoin, Bitcoin. Justin provides a roadmap for the decoupling of BTC the asset from Bitcoin the blockchain, using a cryptographic two-way bridge between Bitcoin and an alternative new host blockchain, presumably Ethereum, and how BTC can upload itself to a new blockchain, and be rid of the baggage and liability of the Bitcoin blockchain 🤯 This is truly one of the most unique pieces of content we’ve produced on the Bankless program, and Justin deserves so much credit for leading this operation! Resources: Justin’s Uniswap Cryptographic Mechanism Solution spreadsheet and their theoretical application to any Ethereum app. https://docs.google.com/spreadsheets/d/1dyhNWMB6rVdmV3Xz-LlZlTt0f4tXfIW0YaoZVvenORs/edit?usp=sharing Below are the two papers Justin mentioned on long-term Bitcoin (in)security: "On the Instability of Bitcoin Without the Block Reward" by Princeton researchers. https://www.cs.princeton.edu/~arvindn/publications/mining_CCS.pdf There are two informal explainers: https://freedom-to-tinker.com/2016/10/21/bitcoin-is-unstable-without-the-block-reward/ https://medium.com/@bergealex4/bitcoin-is-unstable-without-the-block-size-size-limit-70db07070a54 "On the insecurity of quantum Bitcoin mining" https://arxiv.org/pdf/1804.08118.pdf ------ Don't stop at the video! Subscribe to the Bankless newsletter program http://bankless.substack.com/ Visit the official Bankless website http://banklesshq.com/ Follow Bankless on Twitter https://twitter.com/BanklessHQ Follow Ryan on Twitter https://twitter.com/ryansadams Follow David on Twitter https://twitter.com/TrustlessState ----- 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 we may add links in this channel to products we use. We may receive commission if you make a purchase through one of these links. We'll always disclose when this is the case

🚀 SUBSCRIBE TO NEWSLETTER: http://bankless.substack.com/ ✊ STARTING GUIDE BANKLESS: https://bit.ly/37Q17uI ❤️ JOIN PRIVATE DISCORD: https://bit.ly/2UVI10O 🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/ 👕 BUY BANKLESS TEE: https://merch.banklesshq.com/ ----- GO BANKLESS WITH THESE SPONSOR TOOLS: ⭐️ AAVE - BORROW OR LEND YOUR ASSETS https://bankless.cc/aave 🚀 GEMINI - MOST TRUSTED EXCHANGE AND ONRAMP https://bankless.cc/go-gemini 💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith 📱 DHARMA | MOBILE ONRAMP DIRECTLY INTO DEFI https://bankless.cc/dharma ------ MARKET  BTC Price $31,500 ETH Price  $1440 https://twitter.com/defipulse/status/1351520589039738880  $DPI Peaked at $240 Now at $195 NEW ATH!! TVL in DeFi Peaked at $25B locked! BTC secret to success = HODL for at least 3.5 years https://blockworks.co/pantera-follow-up-this-rally-looks-different-than-2017/ Just HODL Just self custody.  https://thedefiant.io/btc-eth-massively-outperform-crypto-hedge-funds-in-2020/ 2 and 20% fees for holding BTC up 425% and ETH up 360% ETH Fundamentals thread from spencer https://twitter.com/spencernoon/status/1351559233699983366?s=20 Fundstrat says 10k ETH https://www.bloomberg.com/news/articles/2021-01-20/fundstrat-sees-digital-coin-ether-surging-sevenfold-to-10-500 RELEASES mStable mUSD Save v2 https://medium.com/mstable/mstable-launches-new-composable-version-of-musd-save-982a814e17d0 High-yield savings Saddle Finance https://www.coindesk.com/saddle-raises-4-3m-for-slippage-free-defi-trading Curve clone? Loopring on Google Play https://twitter.com/loopringorg/status/1351971724842184704?s=21 State of ETH 2, Danny Ryan https://twitter.com/dannyryan/status/1351930308770185217 Optimism soft launch! https://medium.com/ethereum-optimism/mainnet-soft-launch-7cacc0143cd5 Coinbase compartmentalizing infrastructure to help reduce outages https://www.coindesk.com/coinbase-redoing-infrastructure-to-prevent-outages-during-peak-times Yearn proposes 22% YFI mint https://www.coindesk.com/lets-not-be-bitcoin-yearn-considers-minting-200m-in-new-yfi-tokens https://gov.yearn.finance/t/proposal-funding-yearns-future/9319 Bankless Reply to Lyn Alden https://newsletter.banklesshq.com/p/open-reply-to-lyn-alden-and-ethereum NEWS Goldman Sachs entering crypto with a custody play https://www.coindesk.com/goldman-sachs-to-enter-crypto-market-soon-with-custody-play-source Blackrock positioning to buy BTC via futures? https://www.theblockcrypto.com/linked/91867/blackrock-sec-filings-bitcoin-futures   Massive news. BlackRock—the multi-trillion dollar asset manager—opens door to possible bitcoin futures allocation for certain funds it manages, according to recent filing.   Money Printer go BRRR https://www.cnbc.com/2021/01/18/yellen-says-us-must-act-big-on-next-coronavirus-relief-package.html MMT is officially in https://www.coindesk.com/janet-yellen-says-cryptocurrencies-are-a-concern-in-terrorist-financing Also Yellen Crypto is for terrorist financing Mike Dudas response to Yellen https://twitter.com/mdudas/status/1351596351897874432?s=20 Coinbase acquires Bison Trails https://blog.coinbase.com/coinbase-to-acquire-leading-blockchain-infrastructure-platform-bison-trails-f879654421d6 Soulja Boy looking into NFTs https://twitter.com/souljaboy/status/1351690439905013760?s=20 PAX Gold - first Gold token over $100M MC https://www.paxos.com/pax-gold-the-first-gold-token-with-more-than-100-million-in-market-cap/ Pornhub payments via some random crypto tokens and USDC https://www.theblockcrypto.com/linked/91817/pornhub-adds-xrp-bnb-usdc-doge-crypto-payment-options TAKES Ethereum is a bet that the future is going to be different https://twitter.com/trustlessstate/status/1351726365620355076?s=21 DeFi developers are now called Money Mechanics https://twitter.com/ETHGlobal/status/1349053987874615303?s=20 Valuing ETH is impossible https://twitter.com/spencernoon/status/1351635677847445505?s=20 Year in Ethereum 2020 from Josh Stark and Evan Van Ness https://twitter.com/0xstark/status/1351922041599873026?s=20 Uniswap is doing 2% of NYSE as the new normal https://twitter.com/haydenzadams/status/1351646322173091840?s=20 Have we earned it? https://twitter.com/n2ckchong/status/1350328538646212608?s=20 ------ Don't stop at the video! Subscribe to the Bankless newsletter program http://bankless.substack.com/ Visit the official Bankless website http://banklesshq.com/ Follow Bankless on Twitter https://twitter.com/BanklessHQ Follow Ryan on Twitter https://twitter.com/ryansadams Follow David on Twitter https://twitter.com/TrustlessState ----- 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 we may add links in this channel to products we use. We may receive commission if you make a purchase through one of these links. We'll always disclose when this is the case

🚀 SUBSCRIBE TO NEWSLETTER: http://bankless.substack.com/ ✊ STARTING GUIDE BANKLESS: https://bit.ly/37Q17uI ❤️ JOIN PRIVATE DISCORD: https://bit.ly/2UVI10O 🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/ 👕 BUY BANKLESS TEE: https://merch.banklesshq.com/ ----- GO BANKLESS WITH THESE SPONSOR TOOLS: ⭐️ AAVE - BORROW OR LEND YOUR ASSETS https://bankless.cc/aave 🚀 GEMINI - MOST TRUSTED EXCHANGE AND ONRAMP https://bankless.cc/go-gemini 💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith 📱 DHARMA | MOBILE ONRAMP DIRECTLY INTO DEFI https://bankless.cc/dharma ------ SotN30: DeFi Season, with Anthony Sassano (Top 10 DeFi Tokens on Ethereum, $DPI Index) Ladies and Gentlemen, we're calling it. It's DeFi Season. We have an era of DeFi token speculation ahead of us, so it's time to get prepared, and sharpen our mental models for how to evaulate and asses tokens on Ethereum. We bring on Anthony Sassano from the Set Protocol team, to go through the 10 DeFI assets inside the DPI index. Anthony gives his bullish or bearish takes on the DeFi tokens mentioned, as well as shares his mental models for how he judges various assets on Ethereum. Highly revelent to this conversation is the most recent Market Monday piece out of the Bankless newsletter: https://newsletter.banklesshq.com/p/defi-market-monday-118 ------ Don't stop at the video! Subscribe to the Bankless newsletter program http://bankless.substack.com/ Visit the official Bankless website http://banklesshq.com/ Follow Bankless on Twitter https://twitter.com/BanklessHQ Follow Ryan on Twitter https://twitter.com/ryansadams Follow David on Twitter https://twitter.com/TrustlessState ----- 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 we may add links in this channel to products we use. We may receive commission if you make a purchase through one of these links. We'll always disclose when this is the case

🚀 SUBSCRIBE TO NEWSLETTER: http://bankless.substack.com/ ✊ STARTING GUIDE BANKLESS: https://bit.ly/37Q17uI ❤️ JOIN PRIVATE DISCORD: https://bit.ly/2UVI10O 🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/ 👕 BUY BANKLESS TEE: https://merch.banklesshq.com/ ----- DEBRIEF OF THIS EPISODE (Member-only): https://shows.banklesshq.com/p/exclusive-lyn-alden-debrief ----- GO BANKLESS WITH THESE SPONSOR TOOLS: ⭐️ AAVE - BORROW OR LEND YOUR ASSETS https://bankless.cc/aave 🚀 GEMINI - MOST TRUSTED EXCHANGE AND ONRAMP https://bankless.cc/go-gemini 💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith 📱 DHARMA | MOBILE ONRAMP DIRECTLY INTO DEFI https://bankless.cc/dharma ------ 48 - Death of Dollar Dominance | Lyn Alden Lyn Alden of Lyn Alden Investment Strategy has quickly risen to fame in the Bitcoin universe for her sharp analysis on long-term macro trends and brings plenty of data to back up her analysis. She’s one of our favorite macro and economics minds. Global macro events have such a strong interplay with crypto. In order to understand crypto, we need to understand the big picture We ask Lyn about the changes forces around the US Dollar, as demand and supply of the Dollar is less understood and less stable than ever before. We also ask Lyn about the relationship between the position of the U.S. Dollar as the world reserve currency, and the social unrest found inside the U.S. borders. It turns out, that the U.S. Dollar as the world reserve currency is not the best situation for those that reside inside the country! We bring up Ray Dalio's Long Term Debt Cycles mental model, and ask Lyn to connect it to the Fourth Turning Theory, in an attempt to discover some of the hidden forces behind the social unrest found in America. Fourth Turning Theory: https://en.wikipedia.org/wiki/Strauss%E2%80%93Howe_generational_theory Highly recommended Lyn Alden piece on the Future of the Dollar https://www.lynalden.com/fraying-petrodollar-system/ Sign up for Lyn’s monthly macro newsletter https://www.lynalden.com/january-2021-newsletter/ ------ Don't stop at the video! Subscribe to the Bankless newsletter program http://bankless.substack.com/ Visit the official Bankless website http://banklesshq.com/ Follow Bankless on Twitter https://twitter.com/BanklessHQ Follow Ryan on Twitter https://twitter.com/ryansadams Follow David on Twitter https://twitter.com/TrustlessState ----- 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 we may add links in this channel to products we use. We may receive commission if you make a purchase through one of these links. We'll always disclose when this is the case

🚀 SUBSCRIBE TO NEWSLETTER: http://bankless.substack.com/ ✊ STARTING GUIDE BANKLESS: https://bit.ly/37Q17uI ❤️ JOIN PRIVATE DISCORD: https://bit.ly/2UVI10O 🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/ 👕 BUY BANKLESS TEE: https://merch.banklesshq.com/ ----- GO BANKLESS WITH THESE SPONSOR TOOLS: ⭐️ AAVE - BORROW OR LEND YOUR ASSETS https://bankless.cc/aave 🚀 GEMINI - MOST TRUSTED EXCHANGE AND ONRAMP https://bankless.cc/go-gemini 💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith 📈 KWENTA | DEVIRATIVES TRADING WITH INFINITE LIQUIDITY https://bankless.cc/kwenta ----- BTC Price In the last 7 days: - Touched $42,000 - Fell down to $31,000 - Regained $40,000. - Currently at $39,500 ETH Price - Touched $1,350 - Fell to $900 - Currently above $1,200 TVL in DeFi - From $22.8 to $23.3B $DPI - From $185 to $208 $MKR particularly interesting price action Retail entering; judging by exchange twitter followers https://twitter.com/lawmaster/status/1348220777498353665?s=20 Market Dumps because of overleverage: https://twitter.com/kaiynne/status/1348486588045668353?s=20 Numbers are bigger now Price swings, volume https://twitter.com/MessariCrypto/status/1348769821220069382?s=20 Coinbase volume https://twitter.com/lawmaster/status/1348895884315156481?s=20 Reminder: ETH futures on the horizon https://www.cmegroup.com/media-room/press-releases/2020/12/16/cme_group_to_launchetherfuturesonfebruary82021.html RELEASES Tether on a ZK Rollup https://www.theblockcrypto.com/post/90738/tether-usdt-hermez-ethereum-layer-2-scaling-solution-zk-rollups Nexus mutual offering insurance on exchanges https://www.coindesk.com/nexus-mutual-decentralized-insurance-cover-coinbase-binance-kraken-gemini Bitcoin hashrate tokenized on Ethereum https://www.theblockcrypto.com/post/90847/poolin-bitcoin-hashrate-token-pow-defi Connecting all the rollups with Vector? https://medium.com/connext/vector-0-1-0-mainnet-release-9496ae52c422 Cloudflare and IPFS - Your ethereum address is now accessible by any browser without an extension https://blog.cloudflare.com/cloudflare-distributed-web-resolver/ ETH staking inside Argent https://www.argent.xyz/blog/liquid-eth-staking-in-argent/ Synthetix announces Optimistic Rollup transition plan https://blog.synthetix.io/the-optimistic-ethereum-transition/ Coinbase Asset Hub https://blog.coinbase.com/introducing-coinbase-asset-hub-our-open-invitation-to-asset-issuers-f9d5f0be609d NEWS Gemini going public?? https://www.theblockcrypto.com/linked/91251/winklevoss-twins-weighing-taking-gemini-public Gemini BTC credit card https://techcrunch.com/2021/01/14/gemini-is-launching-a-credit-card-with-bitcoin-rewards/ Gary Gensler is new SEC chair. https://www.reuters.com/article/us-usa-biden-sec-exclusive/exclusive-biden-to-name-gary-gensler-as-u-s-sec-chair-sources-say-idUSKBN29H2PQ We did it. https://twitter.com/valkenburgh/status/1349717095425183747?s=20 Anchorage Becomes First OCC-Approved National Crypto Bank - CoinDesk https://www.coindesk.com/anchorage-becomes-first-occ-approved-national-crypto-bank Morgan Stanly owns 10% of Microstrategy https://www.coindesk.com/morgan-stanley-boosts-stake-in-bitcoin-laden-microstrategy-to-10-9 70,470 BTC, 10.9% is MS’s, 7681 BTC claimed to morgan stanly Pakistan using funds to mine BTC https://decrypt.co/53918/pakistan-is-now-using-government-funds-to-mine-bitcoin 2.5% of ETH supply in Gnosis safe https://twitter.com/gnosisSafe/status/1349685149408112646?s=20 TAKESSushi on the rise https://twitter.com/ashwath_22/status/1349090698788626432?s=20 Erik Voorhees on protocol competition https://twitter.com/ErikVoorhees/status/1349548038822502400?s=20 Brian Brooks “Get Ready for Self-Driving Banks” https://www.ft.com/content/c1caca5b-01f7-41be-85a4-3ecb883f2417 Bitcoin is less risky as NGU https://www.coindesk.com/bitcoin-bill-miller-cnbc-volatility-risk Ryan on ICOs - were ICOs net good or net bad? https://twitter.com/RyanSAdams/status/1347599685356314626?s=20Starting pistol for Web3 decentralization https://twitter.com/FEhrsam/status/1348316470258794496?s=20 Mark Cuban on internet tech stocks https://twitter.com/RyanSAdams/status/1348698853072130057?s=20 Bitcoin in race for adoption ahead of CBDCs https://www.coindesk.com/bitcoin-race-for-adoption-central-bank-digital-currencies ----- Don't stop at the video! Subscribe to the Bankless newsletter program http://bankless.substack.com/ Visit the official Bankless website http://banklesshq.com/ Follow Bankless on Twitter https://twitter.com/BanklessHQ Follow Ryan on Twitter https://twitter.com/ryansadams Follow David on Twitter https://twitter.com/TrustlessState ----- 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 we may add links in this channel to products we use. We may receive commission if you make a purchase through one of these links. We'll always disclose when this is the case

AMA with Evgeny Yurtaev, Co-Founder of Zerion 🚀 SUBSCRIBE TO NEWSLETTER: http://bankless.substack.com/ ✊ STARTING GUIDE BANKLESS: https://bit.ly/37Q17uI ❤️ JOIN PRIVATE DISCORD: https://bit.ly/2UVI10O 🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/ 👕 BUY BANKLESS TEE: https://merch.banklesshq.com/ ----- GO BANKLESS WITH THESE SPONSOR TOOLS: ⭐️ AAVE - BORROW OR LEND YOUR ASSETS https://bankless.cc/aave 🚀 GEMINI - MOST TRUSTED EXCHANGE AND ONRAMP https://bankless.cc/go-gemini 💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith 📈 KWENTA | DEVIRATIVES TRADING WITH INFINITE LIQUIDITY https://bankless.cc/kwenta ------ AMA with Evgeny Yurtaev, Co-Founder of Zerion Zerion (https://app.zerion.io/) is a central portal to the DeFi universe. The goal of Zerion is to build an easy and accessible interface to engaging and interacting with all the various money legos in the DeFi ecosystem. While your Ethereum address is your bank account, Zerion can be your banking interface and middleware layer! You can download the mobile iOS and Google app on your phone, for mobile browsing, and use Zerion to manage your DeFi portfolio there, as well as desktop. Enjoy this AMA with CEO, Evgeny Yurtaev ------ Don't stop at the video! Subscribe to the Bankless newsletter program http://bankless.substack.com/ Visit the official Bankless website http://banklesshq.com/ Follow Bankless on Twitter https://twitter.com/BanklessHQ Follow Ryan on Twitter https://twitter.com/ryansadams Follow David on Twitter https://twitter.com/TrustlessState ----- 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 we may add links in this channel to products we use. We may receive commission if you make a purchase through one of these links. We'll always disclose when this is the case