🚀 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 ASSETShttps://bankless.cc/aave 🚀 GEMINI - MOST TRUSTED EXCHANGE AND ONRAMPhttps://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 ------ MARKET  BTC- It’s over $40k!- BTC closes 2020 as the best performing asset of the decadehttps://www.newsbtc.com/analysis/btc/bitcoin-closes-2020-as-best-performing-asset-of-the-last-decade/ JP Morgan analyst BTC price target of $146,000https://insidebitcoins.com/news/jpmorgan-sets-long-term-target-for-btc-price-at-146000 ETH- ETH breaks market cap high https://twitter.com/krugman25/status/1347218807849443328?s=20 ETH debt ceiling in MakerDAO increasedhttps://twitter.com/RuneKek/status/1347091831033655301?s=20 TVL in DeFi- Up from $14.4B to $22.8B DPI $117 to $185 Total Market Cap over $1T USD https://www.coingecko.com/en/global_charts 2020 Asset Class returnshttps://twitter.com/CryptoEcon_Li/status/1345508640598405122?s=20 Ethereum King of Fees (40% or revenue)https://twitter.com/sassal0x/status/1346328797755314176?s=20 Security through Number Go Uphttps://twitter.com/lastmjs/status/1346717467196833795?s=21 _______ RELEASES Shapeshift pivots to a Dex Aggregatorhttps://www.coindesk.com/shapeshift-going-full-defi-lose-kyc-rules Bitcoin ETF proposalhttps://www.coindesk.com/vaneck-proposes-bitcoin-etf-again RELEASES Futureswap V2 is OUThttps://medium.com/futureswap/announcing-futureswap-v2-on-chain-perpetuals-with-live-pricing-e6a440939033 YAM Umbrella protocolhttps://medium.com/yam-finance/umbrella-internal-alpha-75f62c58974f Transaction Builderhttps://twitter.com/allemanfredi/status/1346855097742057477?s=21 USDC getting an upgradehttps://blog.coinbase.com/usdc-v2-upgrading-a-multi-billion-dollar-erc-20-token-b57cd9437096 _______ NEWS OCC - Banks can use Ethereum for payments- https://www.theblockcrypto.com/linked/90025/occ-regulator-banks-stablecoins-issuance -https://twitter.com/RyanSAdams/status/1346452770690387969?s=20 - https://www.forbes.com/sites/haileylennon/2021/01/04/occ-regulator-implements-groundbreaking-cryptocurrency-guidance-for-banks-and-the-future-of-payments/?sh=747151ae27e9 Grayscale $20B AUM before 2021https://twitter.com/BarrySilbert/status/1344762048585068544?s=19 Biden Admin will halt all midnight regulations from the Trump admin that haven’t finalized yethttps://www.cnn.com/2020/12/30/politics/biden-midnight-regulations-freeze/index.html Bittrex delisting privacy coinshttps://www.coindesk.com/bittrex-to-delist-privacy-coins-monero-dash-and-zcash Jake tweet: https://twitter.com/jchervinsky/status/1345061984077717504?s=27 Uniswap: $3B in liquidityhttps://twitter.com/haydenzadams/status/1346877563428347905?s=20 Uniswap Year in Reviewhttps://uniswap.org/blog/year-in-review/?s=09 Tweet thread: https://twitter.com/UniswapProtocol/status/1344687417891151874 Iran closes down mining operationshttps://www.coindesk.com/iranian-authorities-close-1620-illegal-cryptocurrency-mining-farms-report Loopring l2 Growthhttps://twitter.com/finestonematt/status/1346936873776631811?s=20 _______ TAKES No viable 2nd place to Ethereumhttps://twitter.com/antiprosynth/status/1347141517148905474?s=20 ETH same place as BTC in 2017https://twitter.com/RaoulGMI/status/1347033584234876931?s=20 ETH MC only worth one bank right nowhttps://twitter.com/iamDCinvestor/status/1347187372337868800?s=20 Fundamentals out, reflexivity in. https://twitter.com/BanklessHQ/status/1346239577745281024?s=20 Why are you concerned w/ Product Fit? ETH Killers solving something that's not a problemhttps://twitter.com/RyanSAdams/status/1346187749976657922?s=20 ------ Don't stop at the video! Subscribe to the Bankless newsletter programhttp://bankless.substack.com/ Visit the official Bankless website for resourceshttp://banklesshq.com/ Follow Bankless on Twitterhttps://twitter.com/BanklessHQ Follow Ryan on Twitterhttps://twitter.com/ryansadams Follow David on Twitterhttps://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 ASSETShttps://bankless.cc/aave 🚀 GEMINI - MOST TRUSTED EXCHANGE AND ONRAMPhttps://bankless.cc/go-gemini 💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith 📈 KWENTA | DEVIRATIVES TRADING WITH INFINITE LIQUIDITYhttps://bankless.cc/kwenta------ State of the Nation #28 Algorithmic Stablecoins, with Dan Elitzer Dan Elitzer recently co-founded Nascent (nascent.xyz), a venture capital company that is deep into the weeds in some of the most experimental projects in the Ethereum ecosystem.  In the 2nd half of 2020, some of the coolest experimental projects have been Algorithmic, Uncollateralized Stablecoins.  These are stablecoins without dollars in a bank, or without crypto in a vault. They are completely backed by financial incentives.... and faith in those incentives.  In this episode of State of the Nation, we begin by defining the 'Stablecoin Trilemma' (https://imgur.com/a/Uj0HBL3), and discuss some of the history of stablecoins.  Then we turn to the current design philosophy behind algorithmic stablecoins, how they work, what makes them stable, and who gets the upside? We largely discuss Empty Set Dollar (ESD, https://www.emptyset.finance/), but also discuss Basis Cash, and Ampleforth.  Tune in, to hear about this exciting emerging corner of the DeFi ecosystem! ------ Don't stop at the video! Subscribe to the Bankless newsletter programhttp://bankless.substack.com/ Visit the official Bankless website for resourceshttp://banklesshq.com/ Follow Bankless on Twitterhttps://twitter.com/BanklessHQ Follow Ryan on Twitterhttps://twitter.com/ryansadams Follow David on Twitterhttps://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 ------Vitalik Buterin on Why Proof of Stake? Vitalik Buterin comes to the Bankless YouTube to discuss a number of topics surrounding Proof of Stake! We begin discussing the Beacon Chain launch, and the Ethereum's road so far up to this point.  We also discuss the theory and thought-process behind Proof of Stake! Vitalik recently wrote a blog piece 'Why Proof of Stake', and we walk through this piece with him! Why Proof of Stake: https://vitalik.ca/general/2020/11/06/pos2020.html Lastly, we discuss one of Vitalik's blog pieces 'Concave and Convex Dispositions, and how these different personality types characterize Bitcoin and Ethereum, as well as the design of social groups and human governance organizations.  Convex and Concave Dispositionshttps://vitalik.ca/general/2020/11/08/concave.html Other pieces mentioned: Trust Modelshttps://vitalik.ca/general/2020/08/20/trust.html ------Don't stop at the video! Subscribe to the Bankless newsletter programhttp://bankless.substack.com/ Visit the official Bankless website for resourceshttp://banklesshq.com/ Follow Bankless on Twitterhttps://twitter.com/BanklessHQ Follow Ryan on Twitterhttps://twitter.com/ryansadams Follow David on Twitterhttps://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:  ⭐️LEDGER - BEST HARDWARE WALLET TO SECURE YOUR CRYPTOhttps://bankless.cc/ledger 🚀  ZERION - INVEST IN DEFI FROM ONE PLACEhttps://bankless.cc/zerion 💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDShttps://bankless.cc/monolith 🤖YEARN - YIELD-SEEKING MONEY ROBOT THAT FARMS DEFI FOR YOU http://bankless.cc/yearn ------ ROLLUP: 5th Week of December MARKET BTC Price- Almost 29k! ETH Price- Just hit 750!- 50% away from ATH price Blow off tops coming??We are very far away from the 20 week MA! TVL in DeFi- Up from 14B to 14.4B DPI - Up from $108 to $117 2.2M ETH in ETH 2, $1.65B Futures value Coinbase at $50Bhttps://ftx.com/trade/CBSE/USD ____ RELEASES 1INCH token releasedhttps://1inch-exchange.medium.com/1inch-token-is-released-e69ad69cf3ee Haseeb’s take on Stablecoins https://medium.com/dragonfly-research/fighting-to-be-stable-the-evolution-of-stablecoins-aca81fb432f9 DeFi events of the year graphic https://www.theblockcrypto.com/linked/89271/here-are-some-of-the-biggest-defi-events-in-2020 Opyn V2https://medium.com/opyn/opyn-v2-is-live-11347240b46e YAM rebasing DISABLED https://twitter.com/YamFinance/status/1343966274095902720 YAM released Degenerative Finance on UMA https://medium.com/yam-finance/degenerative-finance-ugas-explained-458bedbc2f17 - YAM acting as a good DAO! Primitive is Live on Mainnethttps://primitivefinance.medium.com/primitive-is-live-on-mainnet-2261c5b098c5 ____ NEWS New SEC Chairman appointed: Elad Roisman https://u.today/breaking-new-pro-crypto-sec-chairman-appointed “Known as one of the most crypto-friendly SEC commissioners. A vocal supporter! The fact that Roisman is at the helm of the SEC also significantly boosts the chances of a Bitcoin-tied exchange-traded fund (ETF) being approved in the coming years.  Mnuchin wants onchain KYC for all ETH wallets that have stablecoins in themhttps://twitter.com/jchervinsky/status/1341864829171228676?s=20  Comment window period open on the FinCEN proposal to extend KYC to non-custodial walletshttps://twitter.com/jchervinsky/status/1341847200209530883?s=20 Etoro IPO rumorshttps://cointelegraph.com/news/crypto-friendly-trading-firm-etoro-rumored-to-be-prepping-for-2021-ipo Coinbase Delists XRPhttps://twitter.com/coinbase/status/1343685626001039360?s=20 Also Binance UShttps://twitter.com/binanceus/status/1344372892205608961?s=21 Also Bittrexhttps://twitter.com/BittrexExchange/status/1344056304617177089 Also trading deskshttps://www.theblockcrypto.com/linked/89083/jump-trading-galaxy-xrp-market-making ____ Cover Protocol Exploit https://coverprotocol.medium.com/12-28-post-mortem-34c5f9f718d4 https://twitter.com/CoverProtocol/status/1343581331448586245 https://etherscan.io/tx/0xc2fd5094c1e108f83222a86bd46b35fc0da35616385d681964b22003643f982e ____ TAKES Uniswap means you can't be delisted (sorry XRP)https://twitter.com/RyanSAdams/status/1343740028766347265?s=20 DChttps://twitter.com/iamDCinvestor/status/1344138701757153281?s=20 Can’t delist on Uniswaphttps://twitter.com/RyanSAdams/status/1343740028766347265?s=20 Ethereum is the TAMhttps://twitter.com/panekkkk/status/1343269535919562753?s=20 Ethereum doesn’t marginalizehttps://twitter.com/evabeylin/status/1341793825962958848?s=20 Degens are funding Open Sourcehttps://www.coindesk.com/defi-degens-funding-next-wave-open-source Ethereum is the last bastion for Yieldhttps://twitter.com/TrustlessState/status/1344378165414617088?s=20 ------Don't stop at the video! Subscribe to the Bankless newsletter programhttp://bankless.substack.com/ Visit the official Bankless website for resourceshttp://banklesshq.com/ Follow Bankless on Twitterhttps://twitter.com/BanklessHQ Follow Ryan on Twitterhttps://twitter.com/ryansadams Follow David on Twitterhttps://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: ⭐️LEDGER - BEST HARDWARE WALLET TO SECURE YOUR CRYPTOhttps://bankless.cc/ledger 🚀 ARGENT - INVEST IN DEFI FROM ONE PLACE (download it now!) https://bankless.cc/argent 💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith 🤖YEARN - YIELD-SEEKING MONEY ROBOT THAT FARMS DEFI FOR YOU http://bankless.cc/yearn ------ 45 - Taking Ethereum Public | Ether Capital's CEO Brian Mosoff & CFO Stefan Coolican Ether Capital is a publically traded company out of Canada, and Ether Capital's job is to get ETH on the balance sheet.  The company is centered around ETH the asset and Ethereum the ecosystem, and offers a bridge for investors to be able to access exposure to the Ethereum ecosystem via public markets.  We dive into the background and context of the company, as well as how the company structure gives them a competitive advantage.  Ether Capital is the first public company to stake ETH, and has big plans for the world of ETH staking.  These guys are on the frontlines of getting investor awareness about the opportunity that ETH and Ethereum offers, and has been sharpening their ability to explain why the opportunity is so compelling.  Resources: Ether Capital Newsletter and Ether Capital Podcast - https://www.ethcap.co/blog-media Their podcast is great 101-202 level content! Perfect to share with your financially minded, crypto-novice friends! Ether--the birth of the digital bond, written by Stefan https://bankless.substack.com/p/ether-the-birth-of-the-digital-bond Ether Capital Staking on ETH 2 https://www.ethcap.co/pr20201201 Ether Capitals presentation on ETH https://ethcap-co.s3.amazonaws.com/Docs/2020.11.30+-+ETHC+Presentation.pdf ------ Don't stop at the video! Subscribe to the Bankless newsletter program http://bankless.substack.com/ Visit the official Bankless website for resources 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:  ⭐️LEDGER - BEST HARDWARE WALLET TO SECURE YOUR CRYPTO https://bankless.cc/ledger 🚀  ZERION - INVEST IN DEFI FROM ONE PLACE https://bankless.cc/zerion 💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith 🤖YEARN - YIELD-SEEKING MONEY ROBOT THAT FARMS DEFI FOR YOU  http://bankless.cc/yearn ------ ROLLUP: 4th Week of December Bankless Citizen Spotlight! This guy: https://twitter.com/Acrobat_Crypto/status/1339964187007721474?s=20 MARKET What’s the Market saying?  BTC Price - Up 21% in the last 7 days - High consolidation between $23k and $24K - Bitcoin dominance doing really well: 70% MicroStrategy finished their $650M purchase of 29,646 BTC https://twitter.com/coindesk/status/1341013230534225920?s=21 ETH Price - Up just 3% in the last 7 days TVL in DeFi From $16.5B to $14B DPI down from $115 to $108 2+M ETH in ETH2 Staking DeFi Pulse has a new page “Bitcoin at Work” Announcement: https://defipulse.com/blog/introducing-bitcoin-at-work/ Page: https://defipulse.com/btc A chart not often seen, Grayscale Revenue:  https://twitter.com/mhonkasalo/status/1339486866236686336?s=20 XRP getting DUMPED after SEC report Bitwise dumped $9.3M. Will Grayscale have to do something? https://twitter.com/twobitidiot/status/1341764298763350017?s=20 RELEASES The Graph Network now live https://thegraph.com/ Tornado.Cash Governance Token has been retroactively airdropped https://tornado-cash.medium.com/tornado-cash-governance-proposal-a55c5c7d0703 Compound Chain announced CASH new stablecoin? https://twitter.com/compoundfinance/status/1339660221359124481 $3M Raised by Union to bring Credit to DeFi Announcement: https://medium.com/union-finance/union-has-raised-3m-to-bring-credit-to-ethereum-6cc1b5f40776 Perpetual Protocol Live on Mainnet https://twitter.com/perpprotocol/status/1339206204107571200 You can now trade ETH and BTC perpetual contracts with up to 12x leverage on-chain at perp.exchange Gitcoin Round 8 Closed  https://twitter.com/owocki/status/1341743360684552198?s=21 NEWS SEC files lawsuit against Ripple for $1.3B in unregistered securities sale.  https://www.wsj.com/articles/ripple-to-face-sec-suit-over-xrp-cryptocurrency-11608598800?redirect=amp#click=https://t.co/UjThCEyjar Vitalik: https://twitter.com/VitalikButerin/status/1341219519545556992?s=20 Ledger Breach https://gizmodo.com/hackers-steal-thousands-of-customer-emails-from-popular-1845928749 272K Customers Check Ledger Leak - https://www.argent.xyz/ledgerhack/# FinCEN Proposed Rule https://www.theblockcrypto.com/linked/88511/fincen-proposes-new-kyc-for-crypto-wallets $600 vs $2,000 Stimulus?  https://www.cnbc.com/2020/12/22/trump-demands-congress-raise-second-stimulus-check-from-600-to-2000-under-new-covid-relief-bill.html Switerzland CBDC https://www.theblockcrypto.com/daily/88885/switzerland-central-bank-digital-currency-trials Hudson stepping down as the All Core Dev Call facilitator https://twitter.com/hudsonjameson/status/134108187901396992 Being replaced by Tim Beiko  https://twitter.com/TimBeiko/status/1341086181597974530?s=2 TAKES  Hayden Adams on Uniswaps registered country address https://twitter.com/haydenzadams/status/1340143545085276160?s=21 Ryan on Boomer fiscal management.  https://twitter.com/RyanSAdams/status/1341438238330925059?s=20 David on Ripple as a heist https://twitter.com/TrustlessState/status/1341501233090072576?s=20 David on Ethereum solving its own problems https://twitter.com/TrustlessState/status/1339820135008256000?s=20 ------ Don't stop at the video! Subscribe to the Bankless newsletter program http://bankless.substack.com/ Visit the official Bankless website for resources 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:  ⭐️LEDGER - BEST HARDWARE WALLET TO SECURE YOUR CRYPTOhttps://bankless.cc/ledger 🚀  ZERION - INVEST IN DEFI FROM ONE PLACEhttps://bankless.cc/zerion 💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith 🤖YEARN - YIELD-SEEKING MONEY ROBOT THAT FARMS DEFI FOR YOU http://bankless.cc/yearn------ Ethereum vs The STABLE Act | Rohan Grey Rohan Grey is an assistant professor of Law at Willamette University, an Advisor to politicians including Rashida Tlaib, and one of the authors of the STABLE Act, which wants to impose Federal Bank Chartering upon any stablecoin issuer. Interesting, this proposed legislation includes entities like Square's Cash App or PayPal! Anything that offers a claim on 1 Dollar is cited by this law.  Rohan and the STABLE Act appear to be an outgrowth of the rise of MMT and the power and ability of the state to solve economic problems like poverty and joblessness. Rohan wants to protect 'money', which he believes is a public institution that needs protecting! Also interestingly, the goals of the STABLE Act and DeFi are highly similar, yet are opposing in their strategies for achieving these goals.  Tune into the conversation to learn about a diversity of perspectives regarding how to protect money! The STABLE Act:https://tlaib.house.gov/media/press-releases/tlaib-garcia-and-lynch-stableact Coin Center's comment on the STABLE Act:https://www.coincenter.org/the-unintended-consequences-of-the-stable-act/ ------Don't stop at the video! Subscribe to the Bankless newsletter programhttp://bankless.substack.com/ Visit the official Bankless website for resourceshttp://banklesshq.com/ Follow Bankless on Twitterhttps://twitter.com/BanklessHQ Follow Ryan on Twitter|https://twitter.com/ryansadams Follow David on Twitterhttps://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:  ⭐️LEDGER - BEST HARDWARE WALLET TO SECURE YOUR CRYPTOhttps://bankless.cc/ledger 🚀  ZERION - INVEST IN DEFI FROM ONE PLACEhttps://bankless.cc/zerion 💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDShttps://bankless.cc/monolith 🤖YEARN - YIELD-SEEKING MONEY ROBOT THAT FARMS DEFI FOR YOU http://bankless.cc/yearn------ Jake Chervinsky on the recent FinCEN Proposed Rulemaking FinCEN has finally released a long-rumored proposed rule on how crypto-asset custodians like Coinbase, Gemini, or Cash app can compliantly enable their users to take control over their cryptocurrency funds into 'self-hosted' or 'unhosted wallets'.  This new rule would impose new obligations on virtual asset service providers (VASPs) like exchanges & custodians and increase the reporting requirements on outbound transactions to their customers' wallets.  The actual release:https://home.treasury.gov/news/press-releases/sm1216 We bring on Jake Chervinsky to help us go through some of this news and help us digest what was released! Read Jake's tweet thread!https://twitter.com/jchervinsky/status/1340135040399904770?s=20 ------Don't stop at the video! Subscribe to the Bankless newsletter programhttp://bankless.substack.com/ Visit the official Bankless website for resourcehttp://banklesshq.com/ Follow Bankless on Twitterhttps://twitter.com/BanklessHQ Follow Ryan on Twitterhttps://twitter.com/ryansadams Follow David on Twitterhttps://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:  ⭐️LEDGER - BEST HARDWARE WALLET TO SECURE YOUR CRYPTOhttps://bankless.cc/ledger 🚀  ZERION - INVEST IN DEFI FROM ONE PLACEhttps://bankless.cc/zerion 💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDShttps://bankless.cc/monolith 🤖YEARN - YIELD-SEEKING MONEY ROBOT THAT FARMS DEFI FOR YOU http://bankless.cc/yearn ------44 - The Bull Case for Ethereum  Guests:  Eric Conner, Anthony Sassano, DC Investor  These three gentlemen are close to the beating heart of the Ethereum universe. They all pay attention to undercurrents of what is transpiring in Ethereum.  What are the factors that contribute to bullishness on the Ethereum economy and ETH the asset? We ask our guests how they characterize the relationship between Ethereum and ETH, the interaction between scaling Ethereum and EIP1559, as well as the potential for NFTs. All, of course, underpinned by DeFi applications making the magic happen.  Tune in to hear the bull case for Ethereum from good representatives from the Ethereum community------Don't stop at the video! Subscribe to the Bankless newsletter programhttp://bankless.substack.com/ Visit the official Bankless website for resourceshttp://banklesshq.com/ Follow Bankless on Twitterhttps://twitter.com/BanklessHQ Follow Ryan on Twitterhttps://twitter.com/ryansadams Follow David on Twitterhttps://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:  ⭐️LEDGER - BEST HARDWARE WALLET TO SECURE YOUR CRYPTOhttps://bankless.cc/ledger 🚀 ZERION - INVEST IN DEFI FROM ONE PLACEhttps://bankless.cc/zerion 💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith 🤖YEARN - YIELD-SEEKING MONEY ROBOT THAT FARMS DEFI FOR YOU http://bankless.cc/yearn------ ROLLUP: 3RD WEEK OF DECEMBER MARKET: BTC Price- On the three year anniversary of the 2017 ATH, BTC breaks 20k and skyrockets to $23,800. - BTC on Ethereum: Down from 145k TO 141.5k ETH Price- $ETH is up $100 during the last two days, highs not seen since May of 2018 TVL in DeFi- $16.4B, up from $14B- DPI up from $101 to $115, Grayscale Insane premiumshttps://twitter.com/grayscaletrust/status/1339356060948312064?s=21 ETH now vs ETH Thenhttps://twitter.com/sassal0x/status/1339192917735292928?s=20 $1B of ETH in the deposit contracthttps://twitter.com/sassal0x/status/1339522266237784065?s=20 Ethereum addresses with ETH in them passes 50Mhttps://twitter.com/intotheblock/status/1339433477305876480?s=27 From CeFi to DeFi https://twitter.com/glassnode/status/1337410802396127233?s=20 The amount of fees on #Ethereum spent on $ETH deposits to centralized exchanges has fallen from ~25% in 2017 to less than 1% today. $3B in USDC https://twitter.com/jerallaire/status/1338662314355138565 ETH Option Open Interest at $1B ATH https://twitter.com/skewdotcom/status/1338818750166994944?s=21 RELEASES Ethereum futures from the CMEhttps://www.theblockcrypto.com/linked/88028/cme-group-announces-ethereum-futures Maple Leaf Capital report on Ethereum and DeFihttps://twitter.com/MapleLeafCap/status/1339346115322376192?s=20 Swivel Finance https://swivel.finance/Interest rate derivative protocol built on Aave and Compound  Circle announced high-yield USDC business accountshttps://www.circle.com/en/features/yield Kraken announces accepting lightning depositshhttps://blog.kraken.com/post/7225/a-need-for-speed-kraken-to-launch-bitcoin-lightning-%e2%9a%a1%ef%b8%8f-integration-in-2021/ Digital Yuan is herehttps://www.theblockcrypto.com/post/87754/china-digital-yuan-touching-pay Sybil governance delegation platformhttps://sybil.org/#/delegates/uniswap NEWS Coinbase IPOhttps://blog.coinbase.com/coinbase-announces-confidential-submission-of-draft-registration-statement-b140a9dfc9f5 One River Asset Management CEO Eric Peters, $600mm in BTC and ETH have been purchased to date, with the total set to exceed $1B in early 2021https://casebitcoin.com/story/new-1b-fund-created-to-buy-btc-with-support-from-one-river-ceo Hugh Karp of Nexus Mutual has the majority of his NXM stolen from him by a relatively unknown attack vector https://www.coindesk.com/ceo-of-defi-insurer-nexus-mutual-hacked-for-8m-in-nxm-tokens Office of the Comptroller wants to issue ‘country coins’ to help incentive educationhttps://fortune.com/2020/12/15/crypto-country-coin-brian-brooks-comptroller-of-currency-learning-student-incentives/ Long term incentive streaming for Eth2 public goods - 3,200ETH to starthttps://jamesfickel.ghost.io/towards-long-term-incentives-on-ethereum Pornhub: Now crypto onlyhttps://decrypt.co/51478/pornhub-now-accepting-crypto-only Beeple NFT massive successhttps://www.beeple-crap.com/nft https://twitter.com/niftygateway/status/1338268375156482050 $3.5M in sales from NFT auction------Don't stop at the video! Subscribe to the Bankless newsletter programhttp://bankless.substack.com/ Visit the official Bankless website for resourceshttp://banklesshq.com/ Follow Bankless on Twitterhttps://twitter.com/BanklessHQ Follow Ryan on Twitterhttps://twitter.com/ryansadams Follow David on Twitterhttps://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:  ⭐️LEDGER - BEST HARDWARE WALLET TO SECURE YOUR CRYPTOhttps://bankless.cc/ledger 🚀 ARGENT - INVEST IN DEFI FROM ONE PLACE (download it now!)https://bankless.cc/argent 💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDShttps://bankless.cc/monolith 🤖YEARN - YIELD-SEEKING MONEY ROBOT THAT FARMS DEFI FOR YOU http://bankless.cc/yearn ------ SotN#27: Is ETH Money? w/ Ryan Selkis (2020 Recap & 2021 Horizon) Every year, Ryan Selkis does a round-up of the themes that powered the industry as well as some predictions of the year to come.  It covers the movers and shakers that steered the industry for the year. Among Ryan's list are people like Hayden Adams of Uniswap and Danny Ryan from the EF.  Yet, Ryan Selkis is still pessimistic on ETH as Money, and believes the tailwinds of the industry point elsewhere.  We bring on his points to the show, and go through them to discuss! Ryan's Crypto Theses for 2021:https://messari.io/crypto-theses-for-2021  ------ Don't stop at the video! Subscribe to the Bankless newsletter programhttp://bankless.substack.com/ Visit the official Bankless website for resourceshttp://banklesshq.com/ Follow Bankless on Twitterhttps://twitter.com/BanklessHQ Follow Ryan on Twitterhttps://twitter.com/ryansadams Follow David on Twitterhttps://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/merch.banklesshq.com/ ----- GO BANKLESS WITH THESE SPONSOR TOOLS:    ⭐️LEDGER - BEST HARDWARE WALLET TO SECURE YOUR CRYPTO https://bankless.cc/ledger 🚀 ARGENT - INVEST IN DEFI FROM ONE PLACE (download it now!) https://bankless.cc/argent 💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith 🤖YEARN - YIELD-SEEKING MONEY ROBOT THAT FARMS DEFI FOR YOU  http://bankless.cc/yearn ------ SotN#27: Is ETH Money? w/ Ryan Selkis (2020 Recap & 2021 Horizon) ------ Don't stop at the video! Subscribe to the Bankless newsletter programhttp://bankless.substack.com/ Visit the official Bankless website for resourceshttp://banklesshq.com/ Follow Bankless on Twitterhttps://twitter.com/BanklessHQ Follow Ryan on Twitterhttps://twitter.com/ryansadams Follow David on Twitterhttps://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:  ⭐️LEDGER - BEST HARDWARE WALLET TO SECURE YOUR CRYPTOhttps://bankless.cc/ledger🚀 ARGENT - INVEST IN DEFI FROM ONE PLACE (download it now!)https://bankless.cc/argent💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDShttps://bankless.cc/monolith 🤖YEARN - YIELD-SEEKING MONEY ROBOT THAT FARMS DEFI FOR YOU http://bankless.cc/yearn ------ 43 - Crypto from the Outside | Demetri Kofinas Demetri Kofinas is the host of the Hidden Forces podcast, where he gives you an edge by teaching you to think critically about the systems of power that structure our world. Hidden Forces is about the forces of the world that impact markets, technology, culture, and our lives, which means that Demetri is astutely aware of the cryptocurrency industry and its implications. However, he is not in the ‘crypto-religion’ as many of us are. He views crypto from the outside in.  We bring Demetri onto the pod this week to get his perspective as to what crypto looks like when viewed from outside the bubble.  We take a moment to discuss a number of 2020 themes: Distrust in institutions Monetary policy in the days of COVID More government, or less government? ...and of course, how significant is the role of Crypto with regards to these things. Is it a revolution? Or destined to be domesticated by the powers of the world? Demetri is both knowledgeable AND skeptical, which is a dangerous combination to anyone who believes in the revolution.  Tune in! ------ Don't stop at the video! Subscribe to the Bankless newsletter program http://bankless.substack.com/ Visit the official Bankless website for resources 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:  ⭐️LEDGER - BEST HARDWARE WALLET TO SECURE YOUR CRYPTOhttps://bankless.cc/ledger 🚀 ARGENT - INVEST IN DEFI FROM ONE PLACE (download it now!)https://bankless.cc/argent 💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDShttps://bankless.cc/monolith 🤖YEARN - YIELD-SEEKING MONEY ROBOT THAT FARMS DEFI FOR YOU http://bankless.cc/yearn ------ ROLLUP: 2nd Week of December MARKET  BTC Price- 18,297.90 BTC on Ethereum- Down from to 147K to 145K- BTC above 18k for 9 days in a row. - In 2017, BTC wasn’t above 18k for like 9 hours ETH Price- $560 TVL in DeFi- $14.7B to $14B- $DPI from $116 to $101 Ethereum 2.0 1 week stats https://twitter.com/AlexanderFisher/status/1336280548084477953 - ETH 2 deposit contract adding 40k ETH per day- 3x more ETH than what is being issued per day- Over 1% ETH in the deposit contract USDC outpacing Tether https://cdn.substack.com/image/fetch/f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F46c07bef-9100-4d24-9a57-b8b26801f9bd_1200x726.png (RELEASES) What got released? Messari 2.0 https://messari.io/ Yearn quarterly report https://github.com/iearn-finance/yearn-pm/blob/master/financials/reports/2020Q3-yearn-quarterly-report.pdf 4 Takeaways from ETH 2 deposits  - Blog from Etherscan https://medium.com/etherscan-blog/4-takeaways-from-deposits-into-eth2-28c64dd2863 Circle launches payments platform for USDC https://www.circle.com/blog/circle-launches-major-platform-upgrade-aimed-at-bringing-digital-dollar-stablecoins-mainstream New Square competitor Maker Governance vote to add https://twitter.com/MakerDAO/status/1335993149076869123?s=20 - AAVE- DAI-ETH LP token- USDC-ETH LP token (NEWS) What’s in the news? 8,000 Nodes live outside the US https://twitter.com/PhABCD/status/1335349619467968519 - More than the total number of ETH nodes from just a few months ago The STABLE Act- Unintended consequences https://www.coincenter.org/the-unintended-consequences-of-the-stable-act/ MicroStrategy issues $400 in convertible debt to buy $BTC https://cointelegraph.com/news/microstrategy-will-issue-400-million-in-securities-to-buy-more-bitcoin MassMutual buying $100M BTC https://www.theblockcrypto.com/linked/87378/massmutual-bitcoin-insurance-purchase - More legit than Microstrategy according to Joey Krug"measured yet meaningful exposure to a growing economic aspect of our increasingly digital world." Ray Dalio warming to BTC in Reddit AMAhttps://twitter.com/RyanWatkins_/status/1336438172142739458?s=20 The Ether Fund- 3iQ Corp IPO closes Dec 10th (today), raising a maximum of $107M, already raised $75M so far Tyler Winklevoss Tweet: https://twitter.com/tyler/status/1336839087093919744 France maybe extending KYC lawshttps://www.theblockcrypto.com/post/87001/france-crypto-rules-mandatory-kyc-crypto-to-crypto Rumors that Steven Mnuchin is thinking about regulations on Digital Self Hosted Wallet-Warren Davidson getting ahead of the issue with a letter to Mnuchin https://twitter.com/WarrenDavidson/status/1336804544320327683?s=20 Paxos files for a Federal Bank Charter https://www.coindesk.com/paxos-becomes-latest-crypto-firm-to-file-for-federal-bank-charter Venezuela pays for Imports from Iran/Turkey with Bitcoin https://news.bitcoin.com/venezuela-pays-imports-iran-turkey-bitcoin-evade-sanctions/ JP Morgan says that Gold will suffer because of Bitcoin https://www.bloomberg.com/news/articles/2020-12-09/jpmorgan-says-gold-will-suffer-for-years-because-of-bitcoin Yahoo Finance also speaking more positively for Bitcoin  CoinGecko is better than CoinMarketCap https://out.reddit.com/t3_k8jct1?url=https%3A%2F%2Fmaxbit.cc%2Fcoingecko-looks-to-overtake-coinmarketcap-with-huge-uptick-in-traffic%2F&token=AQAA_YjSXxU46BXDalbUf4Pv-UkKhy4yT938Vzi-qo7VV6usja4b&app_name=reddit.com   ------ Don't stop at the video! Subscribe to the Bankless newsletter programhttp://bankless.substack.com/ Visit the official Bankless website for resourceshttp://banklesshq.com/ Follow Bankless on Twitterhttps://twitter.com/BanklessHQ Follow Ryan on Twitterhttps://twitter.com/ryansadams Follow David on Twitterhttps://twitter.com/TrustlessState 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: ⭐️LEDGER - BEST HARDWARE WALLET TO SECURE YOUR CRYPTOhttps://bankless.cc/ledger 🚀 ARGENT - INVEST IN DEFI FROM ONE PLACE (download it now!) https://bankless.cc/argent 💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith 🤖YEARN - YIELD-SEEKING MONEY ROBOT THAT FARMS DEFI FOR YOU http://bankless.cc/yearn ------ Defending Crypto from the STABLE Act | Coin Center's Jerry Brito and Peter Van Valkenburgh Coin Center is a non-profit organization focused on public policy isues facing public blockchains like Bitcoin and Ethereum. While Bitcoin and Ethereum are unstoppable internet networks, Nation States can still mediate our relationship with them, and therefore fighting the regulatory fight is extremely important! Coin Center recently opened up their Gitcoin Grant https://gitcoin.co/grants/1668/coin-center-is-educating-policy-makers-about-publ which has received an outpouring of support. Maybe it has to do with the STABLE Act? This act was recently introduced by Rashida Tlaib and others, in an attempt to add regulatory oversight to those that issue and leverage stablecoins. We bring on Jerry Brito and Peter Van Valkenburgh to help us understand the perspective coming out of the STABLE Act, and its implications to our industry. Coin Center's website: https://www.coincenter.org/ The STABLE Act: https://tlaib.house.gov/media/press-releases/tlaib-garcia-and-lynch-stableact Coin Center's Gitcoin Grant: https://gitcoin.co/grants/1668/coin-center-is-educating-policy-makers-about-publ Preston Byrne's blog post on the STABLE Act: https://prestonbyrne.com/blog/ ------ Don't stop at the video! Subscribe to the Bankless newsletter program http://bankless.substack.com/ Visit the official Bankless website for resources 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:  ⭐️LEDGER - BEST HARDWARE WALLET TO SECURE YOUR CRYPTO https://bankless.cc/ledger 🚀ARGENT - GET THE MOST SIMPLE AND SECURE DEFI WALLET https://bankless.cc/argent 💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith 🤖YEARN - YIELD-SEEKING MONEY ROBOT THAT FARMS DEFI FOR YOU  http://bankless.cc/yearn ------ 42 - The Global Game of Crypto | Bruno Maçães Bruno Maçães is a political philosopher, the author of several books surrounding the different types of cultural civilizations that define the globe. Bruno has a strong familiarity with crypto and recently wrote an article called “The Crypto State?” which explored the emergency of a new civilization in Crypto We brought him on to help us understand what’s going on with the geopolitical shifts of the world, and what this means for crypto. Bruno on Twitter: https://twitter.com/MacaesBruno The Crypto State? https://www.city-journal.org/technological-developments-new-systems-of-governance Book Trailer of History Has Begun: https://twitter.com/MacaesBruno/status/1303653609880551428?s=20 The World Game, Bruno's newsletter: https://brunomacaes.substack.com/ ------ Don't stop at the video! Subscribe to the Bankless newsletter program http://bankless.substack.com/ Visit the official Bankless website for resources 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:  ⭐️LEDGER - 40% OFF LEDGERS THIS WK ONLY! 🔥🔥🔥 https://bankless.cc/ledger 🚀 ZERION - INVEST IN DEFI FROM ONE PLACE (download it now!)https://bankless.cc/zerion 💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDShttps://bankless.cc/monolith 🤖YEARN - YIELD-SEEKING MONEY ROBOT THAT FARMS DEFI FOR YOU http://bankless.cc/yearn ------ BTC Price- Hit ATH- BTC on Ethereum down 3,300 BTC from 151,700 to 147,400! ETH Price - Extremely volatile lately!- Bouncing between $570 and $620- Currently $615- David thinks its launch time, any minute now Is $ETH Bitcoin in 2015? https://twitter.com/IamCryptoWolf/status/1333720041553088515?s=20 ETH p/s is 86!!! Lower than Zoom TVL in DeFi- $14.1B to $14.7B- $DPI: $108 to $116.30 Stablecoins - $20B of them https://twitter.com/lawmaster/status/1334124165033549826?s=20 https://www.coindesk.com/stablecoins-asset-value-20-billion DeFi Lending ATH- $7.6B in November, up 88% since Octoberhttps://twitter.com/lawmaster/status/1334124188421009408/photo/1 RELEASES The first block of Ethereum 2.0 was mined!https://beaconscan.com/slot/1 Ether Capital prospectus https://drive.google.com/file/d/1sZb6mMlRoGl6UZNf7rzNadUdL76vnY-J/view - A really good read for understanding how publicly traded companies speak about ETH and Ethereum- Ether capital running a staking nodehttps://www.businesswire.com/news/home/20201201005696/en/Ether-Capital-Corporation-Announces-Initial-Commitment-to-Staking-on-Ethereum-2.0 Centralized Staking-as-a-Service providers are flocking - Coinbasehttps://blog.coinbase.com/ethereum-2-0-staking-rewards-are-coming-soon-to-coinbase-a25d8ac622d5?gi=8a516790f190 - Binancehttps://twitter.com/binance/status/1333762624731930627?s=20 2x rewards?? Tim Roughgarden EIP1559 reporthttp://timroughgarden.org/papers/eip1559.pdf  - Highly anticipated, long-awaited, in-depth academic report on EIP1559- Take off all remaining breaks on EIP1559https://twitter.com/nicksdjohnson/status/1334261078692306944?s=20 Vitalik comprehensive Ethereum roadmaphttps://twitter.com/vitalikbuterin/status/1333922620857745408?s=21 Aave V2 is on Mainnethttps://medium.com/aave/the-aave-protocol-v2-f06f299cee04 Loopring built an AMM on it’s zkRollups L2https://medium.com/loopring-protocol/looprings-zkrollup-amm-is-live-2f8251cd0fcd - Looks like Uniswap, but acts like Loopring Fireblockshttps://www.fireblocks.com/blog/fireblocks-defi-for-institutional-trading-lending-and-staking/ - Institutional bridge for yield in DeFi? Gnosis Safe introduces spending limitshttps://blog.gnosis.pm/gnosis-safe-spending-limits-f05b775d06b3 - One more step in replicating the legacy experience with crypto-infrastructure Track Whale traders on Uniswaphttps://www.uniwhales.io/ Staking Liquidity services cropping uphttps://www.stafi.io/https://lido.fi/ - Sign of things to come! NEWS ETH 2 in the mainstream newshttps://www.cnbc.com/2020/12/01/ethereum-2point0-eth-cryptocurrencys-network-starts-a-major-upgrade.html Visa Partners with Circle / USDC to get USDC to run through the Visa networkhttps://www.forbes.com/sites/michaeldelcastillo/2020/12/02/visa-partners-with-ethereum-digital-dollar-startup-that-raised-271-million/amp/?sh=2857044f4b1f&__twitter_impression=true S&P index for crypto:https://twitter.com/RyanSAdams/status/1334499320838631424?s=20 Bad Governance: Rashida Tlaib introduces legislation around stablecoins and bankinghttps://tlaib.house.gov/media/press-releases/tlaib-garcia-and-lynch-stableact Good Governance: Canada accelerating digital currency planshttps://decrypt.co/50213/bank-of-canada-digital-currency-pandemic Libra rebrands to Diem ahead of 2021 launch https://www.coindesk.com/libra-diem-rebrand China has seized over $4.2B from the PlusToken Ponzi https://www.theblockcrypto.com/post/85873/china-seize-billion-cryptos-from-plustoken-crackdown 194,775 BTC - $3.3B833,083 ETH - $435M Oracle failure leads to $88M in liquidations in Compound https://www.theblockcrypto.com/post/85850/dai-compound-dydx-liquidations-defi - DAI price spiked to $1.30 on Coinbase, which Compound uses as an oracle.- 124 unique accounts got liquidated- It is worth noting that such massive liquidations at Compound have occurred for the first time. More Ethereum nodes than Bitcoin nodes https://twitter.com/etherchain_org/status/1333173744089640960?s=20 - Bitcoin = 10,981- Ethereum = 11,137 Venezualean government continues to leverage Bitcoin out of necessity https://cointelegraph.com/news/venezuelan-army-starts-mining-bitcoin-to-make-ends-meet - Making revenue via Bitcoin mining

Get the report: https://messari.io/road-to-eth2 ----- 🚀 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:  🚀 ZERION - INVEST IN DEFI FROM ONE PLACE (download it now!)https://bankless.cc/zerion 💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDShttps://bankless.cc/monolith 🤖YEARN - YIELD-SEEKING MONEY ROBOT THAT FARMS DEFI FOR YOU http://bankless.cc/yearn ------ State of the Nation #25 The Road to Ethereum 2.0 With Ryan Watkin and Wilson Withiam of Messari Ryan Watkins and Wilson Withiam lead the effort behind Messari's 'The Road to ETH 2.0' report.  Both Ryan and David agree: this is the best piece of literature that has ever been produced about Ethereum, ever.  This report will serve as an accurate guide to the uninformed as to the nature of Ethereum and the types of economies it can support.  Get the report from Messari here: https://messari.io/road-to-eth2 We bring Ryan and Wilson on to discuss the production of this report, and some of the decision-making that went on behind the scenes.  ------ Don't stop at the video! Subscribe to the Bankless newsletter programhttp://bankless.substack.com/ Visit the official Bankless website for resourceshttp://banklesshq.com/ Follow Bankless on Twitterhttps://twitter.com/BanklessHQ Follow Ryan on Twitterhttps://twitter.com/ryansadams Follow David on Twitterhttps://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.  

BLACK FRIDAY DEAL: GET LEDGERS for 40% OFF! 🔥🔥🔥 https://bankless.cc/ledger 🚀 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:  ⭐️LEDGER - 40% OFF LEDGERS THIS WK ONLY! 🔥🔥🔥https://bankless.cc/ledger 🚀 ZERION - INVEST IN DEFI FROM ONE PLACE (download it now!)https://bankless.cc/zerion💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDShttps://bankless.cc/monolith 🤖YEARN - YIELD-SEEKING MONEY ROBOT THAT FARMS DEFI FOR YOU  http://bankless.cc/yearn ------ A Crypto Civilization | Balaji Srinivasan No one blends the academic, startup, & venture world quite like Balaji Srinivasan. With multiple engineering degrees, multiple exits, being early into Bitcoin, selling a company to Coinbase, being CTO to Coinbase, Balaji lives on the cusp of the frontier of human innovation.  Rumor is that he’s trying to create a digital country, we’re gonna talk about it.  - Legacy of COVID creating distrust In Institutions Balaji thinks that the world is ready for new institutions and that the movement of time is to generate new solutions rather than repair old ones.  - ‘Crypto-civilization’, or what Balaji calls: The Network StateThe leveraging of the most useful modern technology and coordination tools, to produce structurally independent organizations  - Digital Nations vs the Nation-StateHow might this independence generate friction with the status quo? And of course, how does a new 'crypto civilzation' actually manifest.  Balaji is a real Big Brain thinker, so strap yourself in! ------ Don't stop at the video! Subscribe to the Bankless newsletter programhttp://bankless.substack.com/ Visit the official Bankless website for resourceshttp://banklesshq.com/ Follow Bankless on Twitterhttps://twitter.com/BanklessHQ Follow Ryan on Twitterhttps://twitter.com/ryansadams Follow David on Twitterhttps://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.

BLACK FRIDAY DEAL: GET LEDGERS for 40% OFF! 🔥🔥🔥 https://bankless.cc/ledger 🚀 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:  ⭐️LEDGER - 40% OFF LEDGERS THIS WK ONLY! 🔥🔥🔥 https://bankless.cc/ledger 🚀 ZERION - INVEST IN DEFI FROM ONE PLACE (download it now!) https://bankless.cc/zerion 💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith 🤖YEARN - YIELD-SEEKING MONEY ROBOT THAT FARMS DEFI FOR YOU http://bankless.cc/yearn ------ AMA w/ Monolith Co-Founder Mel Gelderman Mel Gelderman comes to the Bankless community AMAs to answer questions about Monolith! ------ Don't stop at the video! Subscribe to the Bankless newsletter program http://bankless.substack.com/ Visit the official Bankless website for resources 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.

BLACK FRIDAY DEAL: GET LEDGERS for 40% OFF! 🔥🔥🔥https://bankless.cc/ledger 🚀 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:  ⭐️LEDGER - 40% OFF LEDGERS THIS WK ONLY! 🔥🔥🔥https://bankless.cc/ledger 🚀 ZERION - INVEST IN DEFI FROM ONE PLACE (download it now!)https://bankless.cc/zerion 💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDShttps://bankless.cc/monolith 🤖YEARN - YIELD-SEEKING MONEY ROBOT THAT FARMS DEFI FOR YOU http://bankless.cc/yearn ------ ROLLUP: 4th Week of November 🦃 (MARKET) What’s the Market saying? BTC Price - Touched previous ATH- BTC on Ethereum - Down 200 to 151,700- Frontpage of Wall Street Journal (https://twitter.com/blockfolio/status/1330887985181679619?s=20) - Jim Creamer tweets about Bitcoin https://twitter.com/jimcramer/status/1331246721637167108?s=20   ETH Price- $600- Almost 734k ETH in the deposit contract https://launchpad.ethereum.org/ TVL in DeFi - 14.1B, up from 13.4B DPI Price -  $104 to $108 Spencer Noon: 8 Signs We’re in a new $ETH Bull Market https://twitter.com/spencernoon/status/1331638662573027333?s=20 (RELEASES) What got released? Deriswap, From Andre Cronje https://andrecronje.medium.com/deriswap-capital-efficient-swaps-futures-options-and-loans-ea424b24a41c Daily Gwei Ecosystem from Anthony Sassano https://thedailygwei.substack.com/p/turbocharging-the-daily-gwei-123 Slingshot https://slingshot.finance/ - Rebrand from DEX.AG DeFi Database https://defidatabase.info/ - Exactly what the title suggests. Database of all DeFi projects/endeavours  Jeff Coleman ETH2 Tweet thread https://twitter.com/technocrypto/status/1330150362427387910 (NEWS) What’s in the news? BlackRock CIO says Bitcoin will replace gold https://cointelegraph.com/news/blackrock-cio-says-bitcoin-will-take-the-place-of-gold-to-a-large-extent Coindesk suspending all margin trading due to regulators https://www.coindesk.com/coinbase-ends-margin-trading Office of Comptroller messaging that banks need to service legal, but unfavorable, industries (thats crypto) https://twitter.com/msantoriESQ/status/1329898854242603012?s=20   Bitcoin Suisse deposited $100k of ETH into the deposit contract (https://www.trustnodes.com/2020/11/21/bitcoin-suisse-to-deposit-nearly-100000-eth-to-ethereum-2-0) - Demand for staking-as-a-service providers - Strong signals that the staking industry is going to be BIG   MAP OF STAKING OPTIONS - https://twitter.com/Philiff/status/1331088361579180036/photo/1   (TAKES) What’s on your mind?   David Bankless wasn’t here in 2017 Ethereum media wasn’t a thing in 2017   Ryan Retail isn’t here yet (https://twitter.com/RyanSAdams/status/1331233516722528261?s=20) (https://twitter.com/lawmaster/status/1331163575205965824?s=27)   ONRAMPS...our pipe to absorb capital is easily 10x INSTITUTIONS: Futures, CME, Options, Custody... FinTech is going to betray the banks and flood into crypto (top 5 crypto apps) inTech is going to betray the banks and onboard the world to crypto and the banks don't even see it coming  Venmo, Robinhood, Square, PayPal These have turned into crypto apps  The banks are legacy ledgers Crypto is the future What are you excited about?   David   This time, it’s different    Ethereum will respond completely differently this bull market. We are all going to be humbled by what Ethereum becomes this bull-cycle. Rapid change happens in bull markets. The people that come into this space now are a significantly different co-hort than the people that pay attention to this industry 24/7/365 Ethereum is similarly a different thing than in was in 2017.   DeFi wasn’t a thing in 2017   DeFi hasn’t seen a bull market.    No DeFi app has seen a bull market.    There is about to be some CHURN    (Ryan) The community… Crypto isn’t a single player game.  Community came together to launch Eth2. Incredible people Thank some of those incredible people who helped me Andreas Chris Burninske Karl Floresch    ------ Don't stop at the video!   Subscribe to the Bankless newsletter program http://bankless.substack.com/   Visit the official Bankless website for resources 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.

BLACK FRIDAY DEAL: GET LEDGERS for 40% OFF! 🔥🔥🔥 https://bankless.cc/ledger 🚀 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:  ⭐️LEDGER - 40% OFF LEDGERS THIS WK ONLY! 🔥🔥🔥 https://bankless.cc/ledger 🚀 ZERION - INVEST IN DEFI FROM ONE PLACE (download it now!)https://bankless.cc/zerion 💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDShttps://bankless.cc/monolith 🤖YEARN - YIELD-SEEKING MONEY ROBOT THAT FARMS DEFI FOR YOU http://bankless.cc/yearn ------ SotN#24: TRIUMPHANT!  w/ @nic__carter (2017 vs 2020 Bull Markets, What's Different this Time?) Nic Carter, general partner at Castle Island Ventures, cofounder of Coin Metrics, host the On The Brink Nic recently put out a medium article with 9 different Bitcoin charts showing metrics at ATHs.  https://medium.com/@nic__carter/nine-bitcoin-charts-already-at-all-time-highs-78abbfe82804 We ask Nic:  - What about this bull market is different than last time?  - What are the differences that stand out to you the most, that are going to characterize the nature of this specific bullish period?  Metrics discussed:  - Addresses with $10 of BTC or more- Open Interest on CME Futures- Realized Cap- Bitcoin Options Open Interest- BTC priced in Turkish Lira- BTC held by Grayscale- Stablecoin Free-Float- Silvergate’s Settlement Network- Growth of Crypto-Native Credit Watch the video to hear the discussion! In the SECOND HALF of the video, David and Ryan turn their attention to ETHEREUM:  Will Ethereum Capture the Bull Market?  Topics we discussed:  Ethereum and the Bull Market - The Deposit Contract received the required amount of ETH to start off ETH2 on the earliest possible date.  - Then, it received A TON more of ETH after that.  The 2017 ETH Bull market was underpinned by the possibility of ETH staking and Ethereum scaling just being around the corner The 2020 ETH Bull market has all of these same dynamics, but AHEAD of the bull market, rather than behind it.  ‘Will Staking ever come?’ and ‘Will Ethereum ever scale?’ are NOT questions that are going to be asked this bull run.  Also new this bull run: DeFi! DeFi👏makes👏capital👏sticky!👏 The capital that entered the 2017 ICO mania was FLEETING. Ethereum was 95% ICOs, and after ICOs stopped making people money, there was no reason for capital to stay put on Ethereum  Things that didn’t exist in 2017: Collateralized money markets - Maker - $2.75B- Compound - $1.7B- Aave - $1.45B AMMs - Uniswap $1.3B- Balancer $0.4B Others - Yearn - $0.5B- Synthetix - $0.8B- Nexus - $0.1B Stablecoin Supply  - $20B in stablecoin market cap on Ethereum.  PLUS, Alpha is found on Ethereum  - There’s a lot of cognitive dissonance in the world about buying Bitcoin. People have heard about Bitcoin multiple times now, and if they still don’t yet own BTC, they may have a level of cognitive dissonance about buying BTC at ATH prices.  - People wanting exposure, but not specifically wanting to buy BTC, is a significant reason as to why other assets always do so well in a bull market People want alpha - This cycle, DeFi tokens on Ethereum will capture outsized exposure to people who are trying to outperform BTC - Last cycle, it was many different PoW chains and Ethereum L1 competitors, this cycle it will be protocols and projects on Ethereum  ------ Don't stop at the video! Subscribe to the Bankless newsletter program http://bankless.substack.com/ Visit the official Bankless website for resources 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.

BLACK FRIDAY DEAL: GET LEDGERS for 40% OFF! 🔥🔥🔥https://bankless.cc/ledger 🚀 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:  ⭐️LEDGER - 40% OFF LEDGERS THIS WK ONLY! 🔥🔥🔥 https://bankless.cc/ledger 🚀 ZERION - INVEST IN DEFI FROM ONE PLACE (download it now!)https://bankless.cc/zerion 💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDShttps://bankless.cc/monolith 🤖YEARN - YIELD-SEEKING MONEY ROBOT THAT FARMS DEFI FOR YOU http://bankless.cc/yearn ------ 40 - WTF Happened in 2020? | Meltem Demirors Meltem Demirors is Chief Strategy Officer of Coinshares... former Vice President of the Digital Currency Group, advocated for crypto in front of Congress... and overall badass. Meltem wants to answer the question 'WTF Happened in 2020', specifically as it relates to monetary policy from the Federal Reserve, economic forces that result from a top-heavy pension and social welfare system, as well as how COVID impacts financial decision-making.  This is our first video-podcast, because Meltem brought RECEIPTS. She has DATA and CHARTS and FIGURES to show! We also turn to a discussion on Bitcoin vs Ethereum identity and in-group, out-group dynamics, and have a jovial discussion regarding tribalistic affairs.  Hope you enjoy! ------ Don't stop at the video! Subscribe to the Bankless newsletter program http://bankless.substack.com/ Visit the official Bankless website for resources 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:  ⭐️LEDGER - BEST HARDWARE WALLET TO SECURE YOUR CRYPTO https://bankless.cc/ledger-20 🚀ARGENT - GET THE MOST SIMPLE AND SECURE DEFI WALLET https://bankless.cc/argent 💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith 🤖YEARN - YIELD-SEEKING MONEY ROBOT THAT FARMS DEFI FOR YOU http://bankless.cc/yearn ----- ROLLUP: 3rd Week of November! (MARKET) What’s the Market saying?  BTC Price BTC on Ethereum - 151,925 BTC on Ethereum, up ~1,500 BTC Bitcoin as a system as reached ATH value (link) BTC unique addresses spiking upwards (link) 9 BTC metrics that are at ATHs (link) ETH Price Almost 60k ETH in the deposit contract (link) TVL in DeFi Ethereum active addresses continually marching to ATHs (link) ETH 1 cycle behind BTC (link) ETH always does well in December, 5 out of 5 times (image) Same BTC, ETH price as December 2017 (tweet) DPI Price -  $81 to $104 1 Billion DAI (DAI Stats) Grayscale $10.8B AUM (tweet) (RELEASES) What got released? RocketPool Medalla Beta testnet concludes Moving onto a new testnet that tests a RocketPool network with integrated tokenomics  Aave V2 on the Kovan testnet (link) YFI + BAL as collateral in Maker (tweet) YAM releases Umbrella product (link) Etherisc + Chainlink offers crop insurance on Kenyans (link) (NEWS) What’s in the news? Rich man invests in Bitcoin (link) Coinbase crashing (link) Paypal gets to 85% of Binance US volume in first month (link) Netherlands exchanges must ask their customers to prove ownership their own their withdrawal addresses (tweet) Binance Blocking U.S. customers, giving them 90 days to withdraw assets (link) Binance suing two journalists in anti-defamation suit (link) Jay Clayton stepping down as SEC Chairman (link) Masie Williams tweets about Bitcoin (link) Pay attention to signals like this,  Dec 2017, Lady Gaga had Cryptocurrency painted fingernails That was the top (TAKES) What’s on your mind?   David   Bitcoiner’s got triggered really fast about the Call to Action Bankless put out on wednesday Tweet, Tweet It’s because Bitcoin progress primarily occurs in the social layer, not the technological layer. They could look at Ethereum technological progress at scoff at it, because while Ethereum was building, they were marketing Now Ethereum is pretty close to being done with building, and people like me and Ryan are now rallying the troops to saw “hey, lets market the fuck out of this thing.  Big threat.    Ryan What’s the best way to get exposure to DeFi? (link)   Is ETH staking gonna make it?  105k ETH in the deposit contract Over 20% ------ Don't stop at the video! Subscribe to the Bankless newsletter program http://bankless.substack.com/ Visit the official Bankless website for resources 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 Follow DeFi Dad on Twitter https://twitter.com/DeFi_Dad ----- 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/ ----- 📢 DEFI BUILDER? APPLY TO FILECOIN ACCELERATOR FOR $20K GRANT http://bankless.cc/filecoinapply ----- GO BANKLESS WITH THESE SPONSOR TOOLS:    ⭐️LEDGER - BEST HARDWARE WALLET TO SECURE YOUR CRYPTOhttps://bankless.cc/ledger-20 🚀 ZERION - INVEST IN DEFI FROM ONE PLACE (download it now!) https://bankless.cc/zerion 💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith 🤖YEARN - YIELD-SEEKING MONEY ROBOT THAT FARMS DEFI FOR YOU  http://bankless.cc/yearn ------ Eric Conner, co-Host of the EthHub Podcast, Formerly Product at Gnosis, and Ethereum’s Unofficial Community Manager We ask Eric, does he accept the title of 'Unofficial Community Manager'? Eric has called the the 2018-19 Bear Market period as ‘the time that User, Investors, and Builders of Ethereum all came together’ - Why is this important?- What was the Ethereum community like in 2015-17? - How has the Ethereum community developed, changed, matured over time? Did Eric ever have doubts that we would ever get to this point? Then, Eric and David discuss the merits of a 'patriotic duty to Stake ETH' - Is it someone's patriotic duty to stake? - Or is ETH staking just another yield-farm?- How does the role of feeling politically aligned play in Staking ETH?  Finally, we turn to the Bull Case for Ethereum  - What is Eric's perceived 'win-condition' for Ethereum? Tune into the video! https://youtu.be/BtPOpRzx6NQ ------ Don't stop at the video! Subscribe to the Bankless newsletter program http://bankless.substack.com/ Visit the official Bankless website for resources 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 Follow DeFi Dad on Twitter https://twitter.com/DeFi_Dad ----- 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/ ----- 📢 DEVS OR BUILDER? APPLY TO FILECOIN ACCELERATOR FOR $20K GRANT  ----- GO BANKLESS WITH THESE SPONSOR TOOLS: ⭐️LEDGER - BEST HARDWARE WALLET TO SECURE CRYPTO https://bankless.cc/ledger-20 💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith 🚀 ZERION - INVEST IN DEFI FROM ONE PLACE (download it now!) https://bankless.cc/zerion 🤖YEARN - YIELD-SEEKING MONEY ROBOT THAT FARMS DEFI FOR YOU http://bankless.cc/yearn ------ Michael Sonnenshein is the Managing Director at Grayscale Investments, the largest digital currency asset management company by far. You may have seen a GBTC or ETHE products in your Schwab account, a way price exposure to ETH and BTC ...wondered what those things are? We're going to talk about that today with Michael. Grayscale has built a bridge for almost $10B to flow into the crypto world, by working inside the legacy system, rather than outside of it.  Listen to this podcast to see how Grayscale is helping promote crypto!  Retail products: What Greyscale products can the average, unaccredited retail investor buy today? What’s the difference between GBTC/ETHE and an ETF? What are the fees? Accredited investors products ($1m in assets or $200k per year)  How do accredited investors power the Grayscale trust? What narratives that are driving the inflows? What are the most popular products with this group? Bitcoin Trust: $39.5 million Ethereum Trust: $9.0 million  Large Cap Fund: $1.1 million  Bitcoin Investor Study - what were the takeaways? Size of Greyscale relative to supply How much BTC supply - 400k in June (3-4% of all Bitcoin)? As a proportion of mined BTC? How much ETH supply do you own? Can Grayscale do a staked ETH product? Any other yield-bearing products? What’s Greyscale’s next move? Expanding more outside BTC? Getting acquired? AUM size? Specifically with DeFi? Action items: Read reports Bitcoin Investor Study  https://grayscale.co/insights/bitcoin-investor-study-2020/ If you’re looking at GBTC or ETHE in your portfolio premium vs spot price first: https://ycharts.com/companies/GBTC/discount_or_premium_to_nav https://ycharts.com/companies/ETHE/discount_or_premium_to_nav 5 - star reviews the podcast! ------ Don't stop at the video! Subscribe to the Bankless newsletter program http://bankless.substack.com/ Visit the official Bankless website for resources 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 Follow DeFi Dad on Twitter https://twitter.com/DeFi_Dad ----- 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/ ----- 📢 DEFI BUILDER? APPLY TO FILECOIN ACCELERATOR FOR $20K GRANThttp://bankless.cc/filecoinapply ----- GO BANKLESS WITH THESE SPONSOR TOOLS:  ⭐️LEDGER - BEST HARDWARE WALLET TO SECURE YOUR CRYPTO https://bankless.cc/ledger-20 🚀ARGENT - GET THE MOST SIMPLE AND SECURE DEFI WALLET https://bankless.cc/argent 💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith 🤖YEARN - YIELD-SEEKING MONEY ROBOT THAT FARMS DEFI FOR YOU http://bankless.cc/yearn ------ ROLLUP: 2nd Week of November What are we doing: Happy Friday morning... End of the week rollup Dedicating 5 minutes to 5 topics, same 5 topics every week - Market - Releases- News- Takes - What are you excited about? (MARKET) What’s the Market saying?  BTC Price - 16k- BTC Treasuries website (https://bitcointreasuries.org/))- BTC on Ethereum: 153k ETH Price $1B of ETH in Grayscale (https://www.theblockcrypto.com/linked/83854/grayscale-ethereum-trust-1-billion-aum) TVL in DeFi - up $1B from last week DeFi Token price - remember last wk when DeFi was dead? (RELEASES) What got released?   - PayPal removes waitlist - all paypal users can use crypto now (https://www.coindesk.com/paypal-removes-waitlist-for-new-crypto-service)   - LiquidStake (https://www.coindesk.com/ethereum-heavyweights-launch-liquidstake-loans-to-ease-eth-2-0-lockup)   Dharma Bank Account Integration (https://twitter.com/Dharma_HQ/status/1323311960432148481) Bank Account -  Dharma - Uniswap Synthetix synthetic Oil and inverse-synthetic Oil now available  Chainlink working on xDAI network (https://www.xdaichain.com/about-xdai/project-spotlights/chainlink) EIP1559 Updates Tim Beiko tweet thread (https://twitter.com/TimBeiko/status/1325839080974774272?s=20) - Mainnet-condition testnets - Developer tooling for easy 1559 integration Micah Zoltu blog post (https://medium.com/@MicahZoltu/a-tale-of-two-pricing-schemes-dc9c8717906) (NEWS) What’s in the news? Infura CRASH (https://www.theblockcrypto.com/post/84232/ethereum-infrastructure-provider-infura-is-down) In response, someone made EthereumNodes.com to report who has endpoints up and who doesn’t Zapper gets $1.5M in funding (https://www.coindesk.com/defi-dashboard-zapper-snags-new-funding-from-delphi-and-coinbase-ventures) - Delphi- Coinbase Binance donates $100k to Gitcoin (https://www.binance.com/en/blog/421499824684901205/Binance-Pledges-$100000-Donation-to-Gitcoin-Grants) CZ depositing 32 ETH to the deposit contract (https://twitter.com/cz_binance/status/1325978447148064768) CipherTrace scaring regulators (https://ciphertrace.com/half-of-2020-crypto-hacks-are-from-defi-protocols-and-exchanges/) Ray Dalio on banning Bitcoin (https://www.coindesk.com/bridgewaters-dalio-sees-governments-banning-bitcoin-should-it-become-material) Final Boss: ShapeShift Delisting ZEC over regulator concerns (https://www.coindesk.com/shapeshift-delists-privacy-coin-zcash-over-regulatory-concerns) IRS is coming after Coinbase for tax information (https://cointelegraph.com/news/u-s-law-firm-says-irs-is-coming-after-coinbase-users-who-evade-taxes) BTC mining pools & KYC (https://stockhouse.com/news/press-releases/2020/10/29/dmg-s-subsidiary-blockseer-launches-bitcoin-mining-pool-focused-on-good) U.S. Feds doing research on CBDCs (https://www.theblockcrypto.com/linked/84087/fed-central-bank-digital-currency-research) Lebanon CBDC (https://www.coindesk.com/lebanon-digital-currency-2021) SEC changing Reg A, Reg CF, Rule 504D limits, among other things (https://www.sec.gov/news/press-release/2020-273) Reg A $50m - $75m Reg CF $1m - $5m 504D $5m -$10m (TAKES) What’s on your mind?  Gotta do it - Bring up the frogs (https://twitter.com/kekspawn/status/1326253486070173696/photo/1) What’s on my mind? What is DeFi? Is Bitcoin DeFi (https://twitter.com/RyanSAdams/status/1326950305725026304?s=20)? Is Ethereum DeFi? Is BinanceChain DeFi? Is PolkaDot DeFi? Is Cosmos DeFi? IS DEFI DEFI? What are you excited about? DH:  - Ethereum / ETH being understood - ETH the Internet Bond - BTC is an evolution on Gold. Therefore, BTC market cap should be much larger than gold I'm compelled! - ETH’s market cap should be an evolution on the market cap of bond markets  Never before has there been a hard-money bond market  RSA: sovereign bond market is $57t btw I’m excited that we’re in a bull run: If you're new to crypto... Welcome to your first bull run. Things will only getting crazier from here. Buckle up.

🚀 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/ ----- 📢 DEFI BUILDER? APPLY TO FILECOIN ACCELERATOR FOR $20K GRANThttp://bankless.cc/filecoinapply -----GO BANKLESS WITH THESE SPONSOR TOOLS:  ⭐️LEDGER - BEST HARDWARE WALLET TO SECURE YOUR CRYPTOhttps://bankless.cc/ledger-20 🚀ARGENT - GET THE MOST SIMPLE AND SECURE DEFI WALLEThttps://bankless.cc/argent 💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDShttps://bankless.cc/monolith 🤖YEARN - YIELD-SEEKING MONEY ROBOT THAT FARMS DEFI FOR YOU http://bankless.cc/yearn ------ Zapper AMA with Founder Seb Audet and DeFi Dad  Zapper is a home-base for your financial activity on Ethereum. Load up your wallets at https://zapper.fi/ and use Zapper to make quick and easy transactions in DeFi! DeFi Dad on Twitter: https://twitter.com/defi_dad Seb on Twitter: https://twitter.com/sebaudet26 ------ Don't stop at the video! Subscribe to the Bankless newsletter program http://bankless.substack.com/ Visit the official Bankless website for resources 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/ ----- 📢 DEFI BUILDER? APPLY TO FILECOIN ACCELERATOR FOR $20K GRANThttp://bankless.cc/filecoinapply ----- GO BANKLESS WITH THESE SPONSOR TOOLS:  ⭐️LEDGER - BEST HARDWARE WALLET TO SECURE YOUR CRYPTOhttps://bankless.cc/ledger-20 🚀ARGENT - GET THE MOST SIMPLE AND SECURE DEFI WALLEThttps://bankless.cc/argent 💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDShttps://bankless.cc/monolith 🤖YEARN - YIELD-SEEKING MONEY ROBOT THAT FARMS DEFI FOR YOU http://bankless.cc/yearn ------ LiquidStake - Andrew Keys & James Slazas | Meet the Nation DARMA Capital is a fund that is perma-bullish on ETH, and the entire fund is focused on producing ETH-denominated returns for their investors.  DARMA has rolled out LiquidStake, a Staking-as-a-Service product that enables ETH 2.0 stakers to access liquidity during the unknown ETH lockup period.  Article: https://www.coindesk.com/ethereum-heavyweights-launch-liquidstake-loans-to-ease-eth-2-0-lockup Andrew on Twitter: https://twitter.com/AndrewDARMACAP?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor ------ Don't stop at the video! Subscribe to the Bankless newsletter program http://bankless.substack.com/ Visit the official Bankless website for resources 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.

For this particular State of the Nation, the video is very helpful. Especially when we discuss the calculator and staking returns: 📺 WATCH: https://youtu.be/FkxrTXCRUOo _________ 🚀 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/ ----- 📢 DEFI BUILDER? APPLY TO FILECOIN ACCELERATOR FOR $20K GRANT http://bankless.cc/filecoinapply ----- GO BANKLESS WITH THESE SPONSOR TOOLS:  ⭐️LEDGER - BEST HARDWARE WALLET TO SECURE YOUR CRYPTO https://bankless.cc/ledger-20 🚀ARGENT - GET THE MOST SIMPLE AND SECURE DEFI WALLET https://bankless.cc/argent 💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith 🤖YEARN - YIELD-SEEKING MONEY ROBOT THAT FARMS DEFI FOR YOU http://bankless.cc/yearn ------ SotN#22: BONDING! w/ @StakeETH (ETH Internet Bond Market, Staking Returns, ETH Needed to Retire?) The Internet Bond: https://bankless.substack.com/p/eth-the-internet-bond Whitepaper: https://drive.google.com/file/d/13-s15SvCIUBukhSZiNkpd0sTff3izQ5G/view Calculator: https://docs.google.com/spreadsheets/d/1LTv8c-9nfq225bV-esv-JXmb0K-nM_z6qbmVooTAUUo/edit?ts=5f730135#gid=13834492 Ryan's: 7 Lessons for Crypto Pioneers https://bankless.substack.com/p/7-lessons-for-crypto-pioneers-market Bankless Guide: How to Become a Validator https://bankless.substack.com/p/-guide-how-to-become-a-validator CodeFi, Collins project! https://activate.codefi.network/ ------ Don't stop at the video! Subscribe to the Bankless newsletter program http://bankless.substack.com/ Visit the official Bankless website for resources 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/ ----- 📢 DEVS OR BUILDER? APPLY TO FILECOIN ACCELERATOR FOR $20K GRANT  ----- GO BANKLESS WITH THESE SPONSOR TOOLS: ⭐️LEDGER - BEST HARDWARE WALLET TO SECURE CRYPTO https://bankless.cc/ledger-20 💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith 🚀ARGENT - OUR MOST RECOMMENDED DEFI WALLET https://bankless.cc/argent 🤖YEARN - YIELD-SEEKING MONEY ROBOT THAT FARMS DEFI FOR YOU http://bankless.cc/yearn ------ The World is Waking Up to Crypto | Raoul Pal Raoul Pal is the CEO and co-founder of Real Vision, which is a content production studio focused on democratizing access to financial knowledge. He is an investor with a sharp eye on the global macro environment, and has a strong grasp on the relationship between history and economics. Raoul is famous for being 'irresponsibly long' on Bitcoin, and has expressed similar favourable attitudes towards Ethereum and DeFi.  We start the episode asking about the role that Bitcoin fills in the current financial crises.  What about the current state of the world makes Raoul bullish on Bitcoin? Why does the world need it? Why now? - What are the factors that are influencing the incentives behind central governments printing money? Raoul is generally of the opinion that the money printer is going to be forced to turn on - Why forced? - How does the looming retirement crisis impact the valuation of Bitcoin? - Does Raoul think about how the U.S. might become really jealous of people taking their newly printing money and buying Bitcoin with it? Then, we turn the conversation to Ethereum, and Ether, as well as the Bankless thesis! Tune in! MORE CONTENT:  Real Vision: https://www.realvision.com/ Retirement crisis video: https://www.youtube.com/watch?v=5OFaZcC0lRU&t=1611s Reinventing the money system with Ethereum: https://www.youtube.com/watch?v=0cZtrX2EHtw Bitcoin is a life raft: https://www.youtube.com/watch?v=qL2LfVRl3J0 ------ Don't stop at the video! Subscribe to the Bankless newsletter program http://bankless.substack.com/ Visit the official Bankless website for resources 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 Follow DeFi Dad on Twitter https://twitter.com/DeFi_Dad ----- 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/ ----- 📢 DEVS OR BUILDER? APPLY TO FILECOIN ACCELERATOR FOR $20K GRANT  ----- GO BANKLESS WITH THESE SPONSOR TOOLS: ⭐️LEDGER - BEST HARDWARE WALLET TO SECURE CRYPTO https://bankless.cc/ledger-20 💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith 🚀ARGENT - OUR MOST RECOMMENDED DEFI WALLET https://bankless.cc/argent 🤖YEARN - YIELD-SEEKING MONEY ROBOT THAT FARMS DEFI FOR YOU http://bankless.cc/yearn ------ (MARKET) What’s the Market saying? (5 mins) BTC Price Republican house = no tax cut repeals, no increase in capital gains = Bullish? Number never goes down Biden presidency = Pro stimulus, pro MMT BTC on Ethereum BTC futures ATH volume before election (link) ETH Price Existent Underwhelming (in price) Means the upside is the head of us.  People that were already bullish didnt have any further ability to express more bullishness So much of the game is left to be played https://twitter.com/TrustlessState/status/1324360199507881984?s=20 Unchanged, flat.  Phase 0 pump was… TVL in DeFi 11.3B Prediction Markets (literally ‘what are the market saying’) (BIDEN) David made a bet! https://catnip.exchange/ Tweet FTX centralized exchange PolyMarket nTrump and yTrump tokens from Catnip, built with Augur + Balancer Uniswap 4B in 1 week (link) (RELEASES) What got released? ETH 2 Deposit Contract announced Alpha Leak & Guide (link) If 500k ETH gets deposited to the Depositcontract.eth, december 1st or 7 days after threshold is reached, Phase 0 is launched.  ETH staking is officially here FUD? Yes according to Preston and also facts ETH can’t be transferred in phase 0  Anyways, the people that put their ETH on the line in the name of ETH 2.0 are not speculators. Theres no product market fit here.  (Link) Shill Bankless content   FTX playing with ‘Beacon Chain ETH’ as a secondary ETH asset to-be traded on FTX (link) Before moving on, worthwhile to let people know about this ETH graphic Loopring Smart Contract mobile wallet (link) Verizon playing with blockchains for news verification?? (link) (NEWS) What’s in the news? Australia CBDC (link) Another consensys client Companies have committed to CBDCs (Mastercard) PayPal Q3 Earnings call indicates that their Crypto products are in high demand (tweet) (transcript) Venmo first half of 2021 Eyeball exposure Takeaways from PayPal's Q3 earnings call: BTC and CBDCs pretty much of equal importance Venmo gets crypto in first half of 2021 Surprised by the reaction to their announcement Wait list was 2-3x larger than expected Users check the price a lot after buying crypto (lol) PayPal signals interest in enabling more assets, specifically eyeing CBDCs (link) Fidelity doubling down HARD on digital assets (link) Hiring a cohort of over 20 developers US Gov seizes $1B in BTC (link) Huobi under nation state attack (link) Same thing as OKEx Fincen proposal to lower Travel rule threshold to $250 (link) Can’t send 250 or more internationally without reporting. Big thumbs down.  SBF is among Biden’s top donators (link) Getting ahead of his illegal actions by donating. We know how this works.  (TAKES) What’s on your mind? (David) Lack of trust in institutions means there's is increasingly becoming room for people to be open to new alternatives 2020 has changed so many paradigms, that adopting things like Bitcoin and Ethereum just don’t seem that crazy by comparison any more.  The common phrase that we hear all the time is that ‘trust in institutions are at an all time low What is Bitcoin, Ethereum, and DeFi other than new alternative institutions in which we can place our trust? I don't see how we are gaining trust in institutions back. I don’t see us ‘voting’ our way into a richer world. I see us adoption new institutions that can’t break our trust.  (Ryan)  Uniswap is doing $4b per week--you can no longer say DeFi/Ethereum is useless (Ryan) Take 1: ETH is not priced in (Ryan) Spicy take  We don't need a Bitcoin v2 because it already exists.  It's called Ethereum. What are you excited about? David: The arrival of Ethereum 2.0 brings so many 2nd, 3rd order consequences ETH triple point asset thesis moves closer to the status quo.  ETH price has an entirely new value proposition To this day, we still hear people citing John Pfeffers ETH investment thesis, which some in the ETH camp, us included, cited as total BS from day one (at least how it relates to ETH), but the Ethereum side of things never had any hard evidence to back it up. NOW WE DO.  All previous unfavorable theories of ETH are defunct Ryan: ETH as a Digital Bond (link) (link) investors are going to wake up to ETH as a yield asset Digital Bond ------ Don't stop at the video! Subscribe to the Bankless newsletter program http://bankless.substack.com/ Visit the official Bankless website for resources 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 Follow DeFi Dad on Twitter https://twitter.com/DeFi_Dad ----- 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/ ----- 📢 DEVS OR BUILDER? APPLY TO FILECOIN ACCELERATOR FOR $20K GRANT  ----- GO BANKLESS WITH THESE SPONSOR TOOLS: ⭐️LEDGER - BEST HARDWARE WALLET TO SECURE CRYPTO https://bankless.cc/ledger-20 💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith 🚀ARGENT - OUR MOST RECOMMENDED DEFI WALLET https://bankless.cc/argent 🤖YEARN - YIELD-SEEKING MONEY ROBOT THAT FARMS DEFI FOR YOU http://bankless.cc/yearn ------ Phase 0 is HERE - ETH STAKING December 1st! What Happens on December 1st? Can we just send ETH to depositcontract.eth? What else do we have to do? How much ETH is required in the deposit contract? What are the risks? How do I avoid getting slashed? We bring Preston Van Loon from the Prysmatic Labs team to inform us of WHAT JUST HAPPENED! LINKS: Launchpad for Staking ETH and running an ETH 2 validator: https://launchpad.ethereum.org/ MAKE SURE YOU KNOW WHAT YOUR DOING. START BY WATCHING THE VIDEO on YouTube: https://www.youtube.com/watch?v=SkUiw1y3BHU&feature=youtu.be Ethereum.org Official Blog: https://blog.ethereum.org/2020/11/04/eth2-quick-update-no-19/ Deposit contract Etherscan address: https://etherscan.io/address/0x00000000219ab540356cBB839Cbe05303d7705Fa Follow Preston on Twitter: https://twitter.com/preston_vanloon Prysmatic Labs website: https://prysmaticlabs.com/ RocketPool Meet the Nation: https://www.youtube.com/watch?v=cqf6aJCFZn8&t=599s RocketPool Tactic: https://bankless.substack.com/p/how-to-mint-reth-on-rocket-pool ------ Don't stop at the video! Subscribe to the Bankless newsletter program http://bankless.substack.com/ Visit the official Bankless website for resources 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 Follow DeFi Dad on Twitter https://twitter.com/DeFi_Dad ----- 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/ ----- 📢 DEVS OR BUILDER? APPLY TO FILECOIN ACCELERATOR FOR $20K GRANT  ----- GO BANKLESS WITH THESE SPONSOR TOOLS: ⭐️LEDGER - BEST HARDWARE WALLET TO SECURE CRYPTO https://bankless.cc/ledger-20 💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith 🚀ARGENT - OUR MOST RECOMMENDED DEFI WALLET https://bankless.cc/argent 🤖YEARN - YIELD-SEEKING MONEY ROBOT THAT FARMS DEFI FOR YOU http://bankless.cc/yearn ------ SotN#21: POLITICAL! w/ Tyler Whirty (ELECTION DAY! Repubs, Dems, Crypto, and YOU)   Joe Biden or Donald Trump… - How these two outcomes with how it relates to crypto? - How does this decision impact our industry? - Is there a partisan divide between the two parties and their stance towards our industry? Assuming the answer is somewhere around ‘it doesn’t really matter’... - What are the political decisions that are going to be made in the near-term that will impact our industry - What are the characteristics, features of Crypto, DeFi, Bitcoin that are at stake due to political decisions in government? - What do we have to lose in this fight? - What does crypto have to gain from a successful regulatory relationship with the US? LINKS Tyler's Election prediction https://twitter.com/twhirty_/status/1323640068469379074?s=21 Real-time odds on Ethereum https://polymarket.com/market/will-trump-win-the-2020-us-presidential-election Bankless Market Monday: The Fight Yet to Come https://bankless.substack.com/p/the-fight-thats-yet-to-come-market Ryan Twitter Poll: Have we already lost the fight for privacy? https://twitter.com/RyanSAdams/status/1323371459230814212?s=20   ------ Don't stop at the video! Subscribe to the Bankless newsletter program http://bankless.substack.com/ Visit the official Bankless website for resources 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 Follow DeFi Dad on Twitter https://twitter.com/DeFi_Dad ----- 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/ ----- 📢 DEVS OR BUILDER? APPLY TO FILECOIN ACCELERATOR FOR $20K GRANT  ----- GO BANKLESS WITH THESE SPONSOR TOOLS: ⭐️LEDGER - BEST HARDWARE WALLET TO SECURE CRYPTO https://bankless.cc/ledger-20 💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith 🚀ARGENT - OUR MOST RECOMMENDED DEFI WALLET https://bankless.cc/argent 🤖YEARN - YIELD-SEEKING MONEY ROBOT THAT FARMS DEFI FOR YOU http://bankless.cc/yearn ------ 37 - Crypto is Empowering | Phil Bonello Phil Bonelo - Director of Research of Greyscale - Former ikigai asset management - Messari. How crypto powers the individual. Phil speaks about technology for the people by the people, a central theme of the Bankless Nation. Crypto is an empowering technology. Elliptic curve cryptography provides the maximum level of ownership assurances over property, a service that the Nation State historically has had monopoly over. Cryptocurrency is a subset of cryptograpgy. Cryptography powers more thing than just 'crypto'. Why is it important to have individual-empowering technology? How does encryption empower the individual? Is this good? How does cryptography impact global labor markets? What does an internet-enabled economy produce? What else can we do with this power? Join us as we go on this journey! ACTIONS: 1) Read the Sovereign individual thesis - https://philjbonello.substack.com/p/the-sovereign-individual-investment ------ Don't stop at the video! Subscribe to the Bankless newsletter program http://bankless.substack.com/ Visit the official Bankless website for resources 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 Follow DeFi Dad on Twitter https://twitter.com/DeFi_Dad ----- 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: 🌐 UNSTOPPABLE DOMAINS - HUMAN READABLE ETHEREUM & CRYPTO ADDRESSES https://bankless.cc/unstoppable 🌈 ZAPPER - ULTIMATE HUB FOR DEFI - ZAP INTO DEFI http://bankless.cc/zapper 💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith 🤖YEARN - YIELD-SEEKING MONEY ROBOT THAT FARMS DEFI FOR YOU http://bankless.cc/yearn ------ ROLLUP: 4th Week of October MARKET: What’s the Market saying? BTC Price - More or less ATH. Less than 5 weeks of time spent above 13k! ETH Price - YFI, UNI, DeFi tokens down - Anthony Sassano's Daily Gwei piece on the swinging pendulum https://thedailygwei.substack.com/p/the-sentiment-pendulum-the-daily - $2B BTC on Ethereum https://btconethereum.com/ RELEASES: What got released? Aave Admin Key Handover https://medium.com/aave/aave-admin-key-handover-3e09e603d348 Coinbase Debit cards https://decrypt.co/46507/coinbase-expands-crypto-debit-card-to-us-customers?utm_source=twitter&utm_medium=social&utm_campaign=auto JPM Coin https://www.cnbc.com/2020/10/27/jpmorgan-creates-new-unit-for-blockchain-projects-as-it-says-the-technology-is-close-to-making-money.html JPM on the market for a custody provider https://twitter.com/TheBlock__/status/1321195503367970820 The largest bank in Singapore just launched a crypto exchange DBS! Audius on mainnet; airdrop to 10k most popular artists FTX Launches BTC-Equity trading pairs https://www.coindesk.com/ftx-launches-bitcoin-pairs-against-amazon-apple-tokenized-stocks Traders in the U.S. and FTX’s other restricted jurisdictions will not be eligible to trade the products. Did he not learn from BitMEX?? NEWS What’s in the news? Avanti is now a Crypto-Bank https://decrypt.co/46561/avanti-becomes-second-crypto-bank-us Formalization of bank = Crypto integration ‘Crypto-Bank’ was more of a meme, now its a reality Microstrategy has made more from purchasing Bitcoin than it has in 3.5 years of revenue https://coinfomania.com/microstrategys-bitcoin-gains-exceeds-3yr-earnings/ Iran enabled BTC for import payments https://www.coindesk.com/iran-amends-law-to-allow-imports-to-be-funded-with-cryptocurrency Implication that Iran is stockpiling BTC? Cryptocurrency allows you to go around regulations Flash Loans making governance decisions https://twitter.com/votewithtally/status/1321509824312455170?s=21 Consensys helps French Bank with CBDC pilot program https://www.coindesk.com/ethereum-developer-consensys-to-assist-french-bank-with-cbdc-pilot Consensys helps Bank of Thailand for CBDC project https://consensys.net/blog/press-release/consensys-selected-as-technology-partner-by-the-bank-of-thailand-for-cbdc-project TAKES What’s on your mind? (David) BTC + Ethereum OR BTC or Ethereum https://twitter.com/TrustlessState/status/1321632145673121792?s=20 $2B BTC on Ethereum (Ryan) Everytime I use a bank I get more bullish ETH https://twitter.com/RyanSAdams/status/1321870051859976193?s=20 Infrastructure upgrade!! (Ryan) Dirty secret of ETH killers--the VCs own them! https://twitter.com/RyanSAdams/status/1321131634142388228?s=20 If you think the tokens of ETH killers are the same as ETH, you don't understand Ethereum. https://twitter.com/RyanSAdams/status/1320714858229321728?s=20 What are you excited about? ( (David) Balancer Smart Pools https://twitter.com/TrustlessState/status/1321622734120525824?s=20) (David) Getting this election over with. Market turmoil ahead! COVID 3rd wave lockdowns (Ryan) All bank ledgers are Ethereum sidechains https://twitter.com/RyanSAdams/status/1321067583983046656?s=20 ------ Don't stop at the video! Subscribe to the Bankless newsletter program http://bankless.substack.com/ Visit the official Bankless website for resources 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 Follow DeFi Dad on Twitter https://twitter.com/DeFi_Dad ----- 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: 🌐 UNSTOPPABLE DOMAINS - HUMAN READABLE ETHEREUM & CRYPTO ADDRESSES https://bankless.cc/unstoppable 🌈 ZAPPER - ULTIMATE HUB FOR DEFI - ZAP INTO DEFI http://bankless.cc/zapper 💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith 🤖YEARN - YIELD-SEEKING MONEY ROBOT THAT FARMS DEFI FOR YOU http://bankless.cc/yearn ------ SotN#19: HARDENING! with Demian Brener from Open Zeppelin (Harvest Hack, Defining Trustless, New Open Zeppelin Platform: DEFENDER) Starting with the Harvest Hack! We discuss how the Harvest Hack happened. Read: Bankless Market Monday: Are We Trustless Yet? https://bankless.substack.com/p/are-we-trustless-yet-market-monday Daily Gwei account of the Harvest Hack https://thedailygwei.substack.com/p/a-rotten-harvest-the-daily-gwei-103 Was this a new type of exploit? Or have we seen this type of exploit before? What was the weakness in Harvest’s protocol that enabled this exploit? Was this exploit avoidable, or was that attack surface integral to how harvest operated? What should the Harvest team have done differently? Defining ‘Trustless’ John Adler defines trustless as these two things 1. You always have your money 2. No one can steal your money Do you agree with this definition of trustless? How would you define trustless? New Open Zeppelin Platform: DEFENDER We're going to get into what this is and how it is helping harden DeFi Ship faster with lower risk. Automate your Ethereum operations to deliver high-quality products faster with less risk to users. https://openzeppelin.com/defender/ Moloch NFT: https://app.rarible.com/token/0x59c53d49dc17c603a4aa41b67aa93f45f16a9dc1:1:0x3d6cdfafbfb3b76dc02bbee72564dd3160eacb8a   ------ Don't stop at the video! Subscribe to the Bankless newsletter program http://bankless.substack.com/ Visit the official Bankless website for resources 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 Follow DeFi Dad on Twitter https://twitter.com/DeFi_Dad ----- 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: 🌐 UNSTOPPABLE DOMAINS - HUMAN READABLE ETHEREUM & CRYPTO ADDRESSES https://bankless.cc/unstoppable 🌈 ZAPPER - ULTIMATE HUB FOR DEFI - ZAP INTO DEFI http://bankless.cc/zapper 💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith 🤖YEARN - YIELD-SEEKING MONEY ROBOT THAT FARMS DEFI FOR YOU http://bankless.cc/yearn ------ 36 - The DeFi Blockspace Cycle | Nic Carter Nic Carter recently released an article titled "Public Blockchain Fee Cyclicality and Negative Feedback Loops"... ... simplified "transaction fees get higher, and that incentives people transact less, and then that lowers transaction fees and that incentives people to transact more" According to Nic, there's no equilibrium found upon public blockchains with inflexible block size; the demand to purchase blockspace will always be volatile, across all time frames. Another perspective: constraints on blockspace availability dramatically impacts the kind of usage that is feasible to happen on the base-layer blockchain. Transactors who are transacting large transactions will pay for higher fees! This severely impacts the markets that are supported by public blockchains! Constraints on block space are constraints on market participants! David, Ryan, and Nic go through Nic's process is disecting the data that created these conclusions. Nic gives his perspective as to the ultimate pattern that emerges from this data. David reads Nic's article aloud on the Bankless YouTube! Useful for listening to the episode! https://www.youtube.com/watch?v=RZ1X_3I5KrI&t=666s Actions & Resources: Read Nic’s articles Ethereum’s Fees Mean Choosing Between a World Computer and a Financial Network https://www.coindesk.com/ethereums-fees-mean-choosing-between-a-world-computer-and-a-financial-network Public Blockchain Fee Cyclicality and Negative Feedback Loops https://medium.com/@nic__carter/public-blockchain-fee-cyclicality-and-negative-feedback-loops-1620141a8a87 The Adaptive Markets Hypothesis Robert Low https://blogs.cfainstitute.org/investor/2017/12/18/the-adaptive-markets-hypothesis-a-financial-ecosystems-survival-guide/ https://www.alphasimplex.com/wp-content/uploads/2004/09/The-Adaptive-Markets-Hypothesis.pdf ------ Don't stop at the video! Subscribe to the Bankless newsletter program http://bankless.substack.com/ Visit the official Bankless website for resources 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 Follow DeFi Dad on Twitter https://twitter.com/DeFi_Dad ----- 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: 🌐 UNSTOPPABLE DOMAINS - HUMAN READABLE ETHEREUM & CRYPTO ADDRESSES https://bankless.cc/unstoppable 🌈 ZAPPER - ULTIMATE HUB FOR DEFI - ZAP INTO DEFI http://bankless.cc/zapper 💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith 🤖YEARN - YIELD-SEEKING MONEY ROBOT THAT FARMS DEFI FOR YOU http://bankless.cc/yearn ------ ROLLUP: 3rd Week of October Welcome to Weekly Rollups, where David and Ryan package up a whole week's worth of news into a bite-sized bit of data, for easy inclusion into your brain! Weekly Rollups: 5 TOPICS, 5 MINUTES EACH PRICES AND MARKETS - BTC - ETH Price - TVL in DeFi - ETH unique address ATH https://twitter.com/santimentfeed/status/1317165165234835456?s=20 - Ethereum to settle $1T in 2020 https://twitter.com/MessariCrypto/status/1318985292347543552 WHAT GOT RELEASED? - PayPal adopts crypto _____ ⚠️ walled garden! Not yet crypto! https://www.reuters.com/article/paypal-cryptocurrency/update-1-paypal-to-open-up-network-to-cryptocurrencies-idUSL1N2HC0PL Barn Bridge https://defirate.com/barnbridge-seed-round/ - Separates risk into tranches - Smooths out yields across protocols Yield Protocol https://medium.com/yield-protocol/yield-protocol-is-live-e6e8ebf2537b - Fixed-rate, fixed-term borrowing and lending, with market-determined interest rates. CirclesUBI https://decrypt.co/45419/universal-basic-income-app-launches-gives-users-free-crypto - Decentralized Identity - Regular issuance + airdrop token MetaMask Swaps https://medium.com/metamask/introducing-metamask-swaps-84318c643785 - Swap assets inside MetaMask - Aggregator of aggregators WHAT'S IN THE NEWS? Fincen going after BTC mixing service https://www.theblockcrypto.com/linked/81667/fincen-mixing-service-helix-fine-bitcoin Central Bank Digital Currencies are getting hype https://twitter.com/RaoulGMI/status/1317836119149580288?s=20 Shielded Zvash Pool hit 600k ZE https://twitter.com/jswihart/status/1317192646062796801?s=20 Coinbase Report on who requests data from Coinbase https://blog.coinbase.com/transparency-at-coinbase-c8edf6dce4d6 Yearn Manifesto https://gov.yearn.finance/t/how-we-think-about-yearn/7137 Watches on the Blockchain! https://www.coindesk.com/breitling-arianee-all-new-watches-ethereum WHAT'S ON YOUR MIND? David: The dominoes seems to be falling faster and faster Markets, Charts, news and releases all seem to align/resonate and this is one of those moments I’ve been more bullish BTC than normal, and more publicly bullish BTC than normal (much to Sassals dismay) but that doesn’t change the fact that when BTC moons, ETH usually Moons 2x. Ryan: Long-term I think Bitcoin is second place on market cap (preparing the way) - Bitcoin: -- 2nd place in transaction fees -- 2nd place in settlement value -- 2nd place in transaction volume - There’s not such thing as ALT: if you continue see the crypto world through the lens of "Bitcoin" and the "Alts" you're going to get left behind. It's 2020, not 2015. Today there are: - Crypto capital assets - Crypto commodities - Crypto monies The same asset superclasses as old finance. WHAT ARE YOU EXCITED ABOUT? David: Deposit Contract Hype! 1 ETH value accrual pillar to 2 pillars Ryan: Projects launching directly on L2 https://twitter.com/RyanSAdams/status/1318299374556975104?s=20 - Honeyswap (on XDAI): https://www.xdaichain.com/about-xdai/project-spotlights/honeyswap - CircleUBI - POAP - minting directly on xDai then bridge to Etheruem   ------ Don't stop at the video! Subscribe to the Bankless newsletter program http://bankless.substack.com/ Visit the official Bankless website for resources 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 Follow DeFi Dad on Twitter https://twitter.com/DeFi_Dad ----- 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: 🌐 UNSTOPPABLE DOMAINS - HUMAN READABLE ETHEREUM & CRYPTO ADDRESSES https://bankless.cc/unstoppable 🌈 ZAPPER - ULTIMATE HUB FOR DEFI - ZAP INTO DEFI http://bankless.cc/zapper 💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith 🤖YEARN - YIELD-SEEKING MONEY ROBOT THAT FARMS DEFI FOR YOU http://bankless.cc/yearn ------ ETH 2.0 AMA with Danny Ryan Danny Ryan is a researcher at the EF and is one of the lead coordinators behind the ETH 2. movement! Listen to Danny's talk at ETH Online! https://www.youtube.com/watch?v=wEh4u5a-43o&t=1539s Check out ETH Online! https://ethglobal.online/#schedule ------ Don't stop at the video! Subscribe to the Bankless newsletter program http://bankless.substack.com/ Visit the official Bankless website for resources 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 Follow DeFi Dad on Twitter https://twitter.com/DeFi_Dad ----- 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: 🌐 UNSTOPPABLE DOMAINS - HUMAN READABLE ETHEREUM & CRYPTO ADDRESSES https://bankless.cc/unstoppable 🌈 ZAPPER - ULTIMATE HUB FOR DEFI - ZAP INTO DEFI http://bankless.cc/zapper 💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith 🤖YEARN - YIELD-SEEKING MONEY ROBOT THAT FARMS DEFI FOR YOU http://bankless.cc/yearn ------ SotN#19: DRUMROLLING! w/ Jacob Cantele from Metamask, Q3 Token Report, Gradually then Suddenly MetaMask Exceeds 1 Million Monthly Active Users https://medium.com/metamask/metamask-exceeds-1-million-monthly-active-users-9da72a1e915d - How was this data collected? - How has this impacted or changed MetaMask’s priorities with its product? Introducing MetaMask Swaps https://medium.com/metamask/introducing-metamask-swaps-84318c643785 - MetaMask is aggregating the aggregators! - 0.875% fee for MetaMask saving you up to 5% on your trade! Then, we turn to the Q3 Token Report from Lucas Campbell! Bankless Q3 Token Report: https://bankless.substack.com/p/bankless-q3-token-report Rise of the Ownership Economy Lastly, David and Ryan discuss 'gradually, then suddenly' in the crypto revolution https://bankless.substack.com/p/gradually-then-suddenly-market-monday Five-star reviews to help grow the Nation! ------ Don't stop at the video! Subscribe to the Bankless newsletter program http://bankless.substack.com/ Visit the official Bankless website for resources 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 Follow DeFi Dad on Twitter https://twitter.com/DeFi_Dad ----- 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: 🌐 UNSTOPPABLE DOMAINS - HUMAN READABLE ETHEREUM & CRYPTO ADDRESSES https://bankless.cc/unstoppable 🌈 ZAPPER - ULTIMATE HUB FOR DEFI - ZAP INTO DEFI http://bankless.cc/zapper 💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith 🤖YEARN - YIELD-SEEKING MONEY ROBOT THAT FARMS DEFI FOR YOU http://bankless.cc/yearn ------ 35 - Designing Ethereum | Vitalik Buterin With Ethereum 2.0 on the horizon, we bring Vitalik Buterin back onto the podcast to discuss the 'why' behind many of the design choices of Ethereum 2.0 Why Proof of Stake? Why Sharding?  We also go over what has been discovered and added between the 2015 launch of Ethereum 1.x, and where we are now, such as - EIP1559 - Rollups as well as Vitaliks view of a 'rollup centric Ethereum' We also discuss the process going getting Ethereum 1 onboarded into Ethereum 2.0, as well as a rollup-round where we ask some quick questions! 'Rollup Centric Ethereum' blog post: https://ethereum-magicians.org/t/a-rollup-centric-ethereum-roadmap/4698 Get ready for Staking: https://bankless.substack.com/p/guide-becoming-a-validator-on-the History: https://blog.ethereum.org/2014/01/15/slasher-a-punitive-proof-of-stake-algorithm/ https://vitalik.ca/general/2019/11/22/progress.html https://blog.ethereum.org/2014/11/25/proof-stake-learned-love-weak-subjectivity/ https://vitalik.ca/general/2020/08/17/philosophy.html   ------ Don't stop at the video! Subscribe to the Bankless newsletter program http://bankless.substack.com/ Visit the official Bankless website for resources 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 Follow DeFi Dad on Twitter https://twitter.com/DeFi_Dad ----- 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: 🌐 UNSTOPPABLE DOMAINS - HUMAN READABLE ETHEREUM & CRYPTO ADDRESSES https://bankless.cc/unstoppable 🌈 ZAPPER - ULTIMATE HUB FOR DEFI - ZAP INTO DEFI http://bankless.cc/zapper 💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith 🤖YEARN - YIELD-SEEKING MONEY ROBOT THAT FARMS DEFI FOR YOU http://bankless.cc/yearn ------ Weekly Rollups - 2ND WEEK OF OCTOBER Welcome to Weekly Rollups, where David and Ryan package up a whole weeks worth of news into a bite-sized bit of data, for easy inclusion into your brain! Weekly Rollups: 5 TOPICS, 5 MINUTES EACH PRICES AND MARKETS - BTC, ETH Price - TVL in DeFi - BTC hashrate ATH - Tornado cash is picking up speed (https://twitter.com/BotTornado/status/1315364063547994117?s=20) - Bitcoin when moon? (https://bankless.substack.com/p/when-bitcoin-moon) WHAT GOT RELEASED? - Uniswap on TradingView - YFI, BAL governance vote for collateral into Maker - ETH 2 Bounty Program https://twitter.com/dannyryan/status/1314563680588238853 - MetaMask Swaps, 1M monthly actives https://medium.com/metamask/metamask-exceeds-1-million-monthly-active-users-9da72a1e915d - Zinken Testnet is up and running https://zinken.launchpad.ethereum.org/ - The Block sexy new data dashboard! https://www.theblockcrypto.com/data/on-chain-metrics/bitcoin WHAT'S IN THE NEWS? - Grayscale took in $1B in Q3 https://grayscale.co/insights/grayscale-q3-2020-digital-asset-investment-report/) - DOJ 83-page crypto framework https://www.justice.gov/opa/pr/attorney-general-william-p-barr-announces-publication-cryptocurrency-enforcement-framework - China Airdopping their Central Bank Digital Currency https://twitter.com/cz_binance/status/1315830279676686336?s=20 WHAT'S ON YOUR MIND? - Hayden's Tweet Heard Around the World https://twitter.com/haydenzadams/status/1313959574244859905?s=20 - CFTC Chairman is impressed about Ethereum FULL STOP https://twitter.com/CoinDesk/status/1316506694839685125?s=20 - Scaling approaching from ALL FRONTS: ---The Graph Adds State Channels https://thegraph.com/blog/the-graph-brings-state-channels-to-ethereum ---Curve Implements zkSync https://medium.com/matter-labs/curve-zksync-l2-ethereums-first-user-defined-zk-rollup-smart-contract-5a72c496b350 ---Aztec Unveils Ethereum Layer 2 Network https://medium.com/aztec-protocol/aztec-zkrollup-layer-2-privacy-1978e90ee3b6 WHAT ARE YOU EXCITED ABOUT? David: - ETHOnline DeFi Summit is TODAY (Friday, Oct 16th) https://live.ethonline.org/ - ETH price is going to start reflected the reduced execution risk of ETH 2.0 Ryan - Token Revenue did 26x growth in Q3 https://bankless.substack.com/p/bankless-q3-token-report   ------ Don't stop at the video! Subscribe to the Bankless newsletter program http://bankless.substack.com/ Visit the official Bankless website for resources 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 Follow DeFi Dad on Twitter https://twitter.com/DeFi_Dad ----- 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.

📣 Join us at Invest Ethereum Conference Oct 14th - http://bankless.cc/investeth $25 off w/ “BANKLESS” code ----- 🚀 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: 🌐 UNSTOPPABLE DOMAINS - HUMAN READABLE ETHEREUM & CRYPTO ADDRESSES https://bankless.cc/unstoppable 🌈 ZAPPER - ULTIMATE HUB FOR DEFI - ZAP INTO DEFI http://bankless.cc/zapper 💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith 🤖YEARN - YIELD-SEEKING MONEY ROBOT THAT FARMS DEFI FOR YOU http://bankless.cc/yearn ------ Tim Beiko (ConsenSys) the chief herder of cats for EIP1559 tells us what EIP1559 is and if it's actually happening anytime soon on Eth1. Topics: - EIP1559 is Ethereum's scarcity engine - What’s the current state of EIP1559? - Is it actually happening? And then... - The 6 things driving the crypto markets right now Links: Ethereum Cat Herders report on EIP1559: https://medium.com/ethereum-cat-herders/eip-1559-community-outreach-report-aa18be0666b5 Checklist for EIP1559 readiness: https://github.com/ethereum/pm/blob/master/Fee%20Market%20Meetings/mainnet-readiness.md Geth managing Ethereum State: https://blog.ethereum.org/2020/07/17/ask-about-geth-snapshot-acceleration/ What's driving the market: https://bankless.substack.com/p/whats-driving-the-market-market-monday Bitcoin's scarcity game: https://bankless.substack.com/p/bitcoins-scarcity-game Five-star reviews to help grow the Nation! ------ Don't stop at the video! Subscribe to the Bankless newsletter program http://bankless.substack.com/ Visit the official Bankless website for resources 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 Follow DeFi Dad on Twitter https://twitter.com/DeFi_Dad ----- 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.

📣 Join us at Invest Ethereum Conference Oct 14th - http://bankless.cc/investeth $25 off w/ “BANKLESS” code ----- 🚀 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: 🌐 UNSTOPPABLE DOMAINS - HUMAN READABLE ETHEREUM & CRYPTO ADDRESSES https://bankless.cc/unstoppable 🌈 ZAPPER - ULTIMATE HUB FOR DEFI - ZAP INTO DEFI http://bankless.cc/zapper 💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith 🤖YEARN - YIELD-SEEKING MONEY ROBOT THAT FARMS DEFI FOR YOU http://bankless.cc/yearn ------ The Ownership Economy | Jesse Walden Jesse Walden speaks about 'the ownership economy', in which value is returned to the producers via a protocol by compensation codified in its core. YouTube, Facebook, Twitter are now extracting more than they are providing. Can Ethereum and DeFi solve this? How can Ethereum host an internet-sized cooperative, like REI? How can token ownership create a larger tent, that can scale organizations past previous limits? We also discuss Jesse's 3 theories for how crypto will be adopted, and which one he believes will come first: - The people come, Bank the Unbanked! - The institutions come, WallStreet wants part of the global casino - The economy comes, non-financial apps create a “real economy" ----- Actions & Resources: Read Jesse’s articles: The Ownership Economy thesis https://variant.fund/the-ownership-economy-crypto-and-consumer-software/ The Ownership Economy in DeFi to date https://variant.fund/how-does-defi-cross-the-chasm/ Progressive Decentralization vs. Fair Launch https://variant.fund/progressive-decentralization-a-playbook-for-building-crypto-applications/ Business Models in Crypto https://variant.fund/cryptos-business-model-is-familiar-what-isnt-is-who-benefits/ Check out our Meet the Nation with RAC https://www.youtube.com/watch?v=vZMQcjLzx7s&t=848s Five-star reviews to help grow the Nation!\ ------ Don't stop at the video! Subscribe to the Bankless newsletter program http://bankless.substack.com/ Visit the official Bankless website for resources 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 Follow DeFi Dad on Twitter https://twitter.com/DeFi_Dad ----- 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.

📣 Join us at Invest Ethereum Conference Oct 14th - http://bankless.cc/investeth $25 off w/ “BANKLESS” code ----- 🚀 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: 🌐 UNSTOPPABLE DOMAINS - HUMAN READABLE ETHEREUM & CRYPTO ADDRESSES https://bankless.cc/unstoppable 🌈 ZAPPER - ULTIMATE HUB FOR DEFI - ZAP INTO DEFI http://bankless.cc/zapper 💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith 🤖YEARN - YIELD-SEEKING MONEY ROBOT THAT FARMS DEFI FOR YOU http://bankless.cc/yearn ------ AMA with Felix Feng Set Protocol has rolled out a TON of new products lately! We bring CEO Felix Feng on the Bankless YouTube to get our questions directly to the source. Some recent Announcements that we'll be talking about: https://medium.com/indexcoop/introducing-the-index-cooperative-a4eaaf0bcfe2 https://medium.com/set-protocol/introducing-the-defi-pulse-index-on-tokensets-79f87c6b295b   ------ Don't stop at the video! Subscribe to the Bankless newsletter program http://bankless.substack.com/ Visit the official Bankless website for resources 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 Follow DeFi Dad on Twitter https://twitter.com/DeFi_Dad ----- 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.

📣 Join us at Invest Ethereum Conference Oct 14th - http://bankless.cc/investeth $25 off w/ “BANKLESS” code ----- 🚀 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: 🌐 UNSTOPPABLE DOMAINS - HUMAN READABLE ETHEREUM & CRYPTO ADDRESSES https://bankless.cc/unstoppable 🌈 ZAPPER - ULTIMATE HUB FOR DEFI - ZAP INTO DEFI http://bankless.cc/zapper 💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith 🤖YEARN - YIELD-SEEKING MONEY ROBOT THAT FARMS DEFI FOR YOU http://bankless.cc/yearn ------ SotN #16: RETREATING! w/ @jchervinsky (BitMEX REKT, SEC Action, is DeFi safe?) Lots of legal action taken against the crypto world lately! We're bringing Jake Chervinsky from Compound Labs onto the show to help us understand what's going on. - Enforcement actions from the SEC and CFTC - SALT Lending pays fine, must return investor funds, must register token - Kik is official dead, slain by SEC - BitMEX got BitREKT -- CEO Arther Hayes 'is AT LARGE', CTO of BitMEX is in jail But most importantly: Is DeFi immune from this? Does the protocolization of financial instruments save the day? When the spotlight turns to DeFi, are we prepared? Resources linked & discussed When worlds collide Bankless article:https://bankless.substack.com/p/when-worlds-collide-market-monday-a27 The Case for Electronic Cash and Financial Privacy (Coincenter piece that Jake talked about) https://www.coincenter.org/the-case-for-electronic-cash/ Jakes prediction that regulatory action is coming: https://twitter.com/jchervinsky/status/1310626151631671296?s=20 SALT Lending: https://www.coindesk.com/sec-orders-salt-lending-to-refund-investors-in-its-50m-ico Kick KIN ruling: https://www.coindesk.com/kik-sec-ruling Bloomberg scare article:https://www.bloomberg.com/news/articles/2020-10-01/booming-crypto-market-a-potential-haven-for-money-laundering What does BitMEX charge from the DOJ for breaking the bank secrecy act mean for Defi? https://twitter.com/AdamScochran/status/1311729872050544643?s=20 Jay Clayton SEC chair says all stocks may be tokenized:https://www.theblockcrypto.com/post/79783/all-stocks-tokenized-sec-chairman-clayton ------ Don't stop at the video! Subscribe to the Bankless newsletter program http://bankless.substack.com/ Visit the official Bankless website for resources 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 Follow DeFi Dad on Twitter https://twitter.com/DeFi_Dad ----- 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: 🤖YIELD-SEEKING MONEY ROBOT THAT FARMS DEFI FOR YOU http://bankless.cc/yearn 🌐 UNSTOPPABLE DOMAINS - HUMAN READABLE ETHEREUM & CRYPTO ADDRESSES https://bankless.cc/unstoppable 🌈 ZAPPER - ULTIMATE HUB FOR DEFI - ZAP INTO DEFI http://bankless.cc/zapper 💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith ------ 33 - Slaying Moloch | Ameen Soleimani & Kevin Owocki Moloch is the god of human coordination failure; the reason why we can't have nice things; the embodiment of the Prisoners Dilemma. The story of humanity is a never-ending iterative process of discovering new tools and mechanisms to coordinate against Moloch. Is Ethereum the Sword that Humanity needs to finally slay Moloch? Why is Ethereum different than previous instances of coordination mechanisms, such as Religion or the Nation-State. Tune in to this extremely important episode, and join the army of coordinators to help Slay Moloch! Meditations on Moloch blog post: https://slatestarcodex.com/2014/07/30/meditations-on-moloch/ This is the original source of information which all Moloch-related conversation spawns from Read aloud on YouTube: https://www.youtube.com/watch?v=SeohwQls2GE&t=5660s David's Bankless Piece: Ethereum: Moloch Slayer https://bankless.substack.com/p/ethereum-slayer-of-moloch- Gitcoin & MolochDAO https://gitcoin.co/hackathon/gitxchange2/?tab=hackathon:16 https://gitcoin.co/grants/238/bankless?tab=description https://www.molochdao.com/ POV Crypto Podcast on MolochDAO origins w/ Ameen: https://www.youtube.com/watch?v=2oU5jjyHWxE&t=4s ------ Don't stop at the video! Subscribe to the Bankless newsletter program http://bankless.substack.com/ Visit the official Bankless website for resources 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 Follow Lucas on Twitter https://twitter.com/0x_Lucas ----- 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.

Fill out the questionnaire! https://forms.gle/aiWfvAvePx5qGJkC9 ---- 🚀 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: 🌐 UNSTOPPABLE DOMAINS - HUMAN READABLE ETHEREUM & CRYPTO ADDRESSES https://bankless.cc/unstoppable 🌈 ZAPPER - ULTIMATE HUB FOR DEFI - ZAP INTO DEFI http://bankless.cc/zapper 💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith 🌈AAVE - LEND & BORROW YOUR CRYPTO W/O A BANK https://bankless.cc/aave ------ State of the Nation is EXPLORING, special guest Dan Robinson of Paradigm. 1) ETHEREUM'S DARK FOREST Short article from Dan: https://medium.com/@danrobinson/ethereum-is-a-dark-forest-ecc5f0505dff Unofficial Part 2 From samczsun https://samczsun.com/escaping-the-dark-forest/ 2) OPTIMISTIC ROLLUPS LIVE! Launch post!https://medium.com/@optimismPBC/light-at-the-end-of-the-tunnel-c390a05bbcb8 3) LIGHTNING ROUND - Why isn't crypto uncorrelated w/ stocks? - KuCoin hack showed who's centralized - $FEW and $EMN - Spinalda Testnet ------ Don't stop at the video! Subscribe to the Bankless newsletter program http://bankless.substack.com/ Visit the official Bankless website for resources 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.

September 28, 2020 ----- Tools from our sponsors to go bankless: 🌐 UNSTOPPABLE DOMAINS - GET A HUMAN READABLE CRYPTO DOMAIN 🌈 ZAPPER - ULTIMATE HUB FOR DEFI - ZAP INTO DEFI 💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS 💸 AAVE - LEND AND BORROW DEFI ASSETS ----- 32 - The Bull Case for NFTs | Jake Burkhman & Andrew Steinwold There's something bubbling under the surface with NFTs. A lot of really smart people are starting to make a lot of noise about the coming wave of NFT explosion. But what are NFTs exactly? What can we do with them? Are they really all that unique? What is so powerful about a Non-Fungible Token? Jake Burkhman, founder of CoinFund, is particularly bullish on this sector of Ethereum. Andrew Steinwold, host of a podcast exclusively dedicated to NFTs, thinks that the world of NFTs will dwarf the world of DeFi by orders of magnitude. What makes these two individuals so optimistic about NFTs? Listen to find out! ------ Resources: Bankless articles:  The First $100M in NFTs https://bankless.substack.com/p/the-first-100m-in-nfts Democratization of Value https://bankless.substack.com/p/the-democratization-of-value How to make money selling Digital Art https://bankless.substack.com/p/how-to-make-money-on-digital-art Listen: Andrew Steinwold's Podcast: Zima Red https://anchor.fm/andrew-steinwold Rate the Podcast 5 Stars ----- Subscribe to podcast on iTunes | Spotify | YouTube | RSS Feed Leave a review on iTunes Share the episode with someone you know! ----- Don't stop at the podcast! Subscribe to the Bankless newsletter program Watch Bankless shows and tutorials on YouTube Visit official Bankless website for resources Follow Bankless on Twitter Follow Ryan on Twitter Follow David on Twitter ----- Not financial or tax advice. This podcast is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions.  Do your own research.