Ben Cowen, founder of Into the Cryptoverse, breaks down why the current crypto cycle feels different from past ones.

We explore the Advanced Decline Index and how it reveals why Bitcoin is thriving while most altcoins struggle. Ben also discusses the impact of quantitative tightening, the ETH/BTC ratio, and why meme coin speculation is distorting market dynamics.

A must-listen for anyone navigating crypto’s shifting landscape and seeking deeper market insights!

------
TIMESTAMPS

00:00 Intro
02:34 Advance Decline Index (ADI)
06:42 Crypto Vibes & Economy
08:24 ETH & BTC Dollar Relation
13:01 Has ETH Gone Home?
18:35 FED & Memecoins
21:56 Take on SOL/BTC Ratio
26:48 Rise of Meme & Alt Coins
27:27 Where the Value Lies in the Market?
34:54 Trump’s Plans with Tenures & Dollar
39:42 Crypto's Bullish Setup vs. Market Vibes
43:17 Meme Coins vs. VC Giants
49:18 Did We Just Skip a Cycle?
54:50 Closing & Disclaimers

------
RESOURCES

Ben Cowen
x.com/intocryptoverse

Into the Cryptoverse
intothecryptoverse.com/

------
Not financial or tax advice. See our investment disclosures here:
www.bankless.com/disclosures⁠

Ejaaz and David are back this week with a new frontier model to dissect. With the release of Grok 3, xAI is now a real competitor to companies like Anthropic and OpenAI. Joining this news cycle is Kaito, set to launch it's airdrop and it turns out Ejaaz is... a top yapper?
Meanwhile, David tried to get a date with an AI agent and a Kardashian is quote tweeting Virtuals, it's been a weird week.

------
TIMESTAMPS & RESOURCES

00:00 Intro & Temp Check

04:10 Grok 3 Release
x.ai/blog/grok-3

12:25 Nous Research
x.com/NousResearch/status/1890148000204485088

20:17 Date Abby
dateabby.com

23:22 Replit and Agent On Agent Coding

27:59 Kaito Explained
x.com/0x_ultra/status/1891353010934358456?s=46

36:47 Kaito Airdrop

41:18 Tracy And Sports Betting AI
x.com/HeyTracyAI
x.com/khloekardashian/status/1891552900070908130

45:13 BillyBets
docs.billybets.ai/
x.com/VaderResearch/status/1891699035742011673

50:48 BIttensor Upgrade
x.com/Old_Samster/status/1890071216645603802

56:03 AI16Z
x.com/ai16zdao/status/1890473840314315158

------
Not financial or tax advice. See our investment disclosures here:
www.bankless.com/disclosures⁠

This week’s Weekly Rollup covers Trump’s clash with the Fed over interest rates and the surprising crypto moves from Trump Media. Gauntlet’s Tarun Chitra joins us to unpack the latest developments—from OpenSea’s upcoming airdrop to Arbitrum’s permissionless fault proofs—while we debate whether airdrops are truly over. We also dig into Vitalik’s “communist” joke and Dave Portnoy’s memecoin mania. Tune in for all the drama and alpha happening in the second week of February! ------ TIMESTAMPS & RESOURCES 00:00:00 Start 01:35 Trump vs The Fed cnbc.com/2025/02/12/hopes-for-more-fed-rate-cuts-dim-as-powell-notes-hot-cpi-means-were-not-quite-there-yet.html x.com/bennyjohnson/status/1889681567779283447 04:27 Tarun Market Takes 08:20 ETH Staking ETF x.com/WatcherGuru/status/1889803399320969603 x.com/RasterlyRock/status/1889856397032235226 13:27 Robinhood Enters The Chat x.com/Tyler_Did_It/status/1889833087258992937 x.com/bridge__harris/status/1889904770485461389 x.com/0xjaypeg/status/1889805008318906689 22:47 Brian Quintenz Nominated to Lead CFTC warpcast.com/brianquintenz/0xbd4cc8ef x.com/TrustlessState/status/1889736851474333932 25:42 Is The Airdrop Meta Over? x.com/ffvv1211/status/1889333575348355152?s=46 29:55 MegaETH Exploring Alternatives x.com/megaeth_labs/status/1889733671420330150 x.com/barnaclebarny/status/1889936153509503193 36:12 OpenSea SEA Airdrop x.com/openseafdn/status/1890041091577057522 x.com/dfinzer/status/1890039791808376874 39:36 Ethereum Shenanigans x.com/VitalikButerin/status/1889771554512200166 x.com/ameensol/status/1889774627796427235 x.com/TrustlessState/status/1889900532770414985 x.com/laurashin/status/1890044244750135695 x.com/ethereumfndn/status/1889978208986280031 46:10 Arbitrum Launched BOLD x.com/ArbitrumDevs/status/1889709836226416805 l2beat.com/scaling/projects/arbitrum 48:39 JailStool x.com/stoolpresidente/status/1887963615161905566 x.com/stoolpresidente/status/1887936281058947391 x.com/stoolpresidente/status/1887960660820042168 x.com/stoolpresidente/status/1889032422768918834 x.com/stoolpresidente/status/1888332104016015781 x.com/stoolpresidente/status/1888337834605420917 x.com/trustyournuts/status/1888336912844255436 x.com/CryptoKaleo/status/1888420272182604043 x.com/stoolpresidente/status/1888598919354941897 dexscreener.com/solana/etcwbb9ft7yyagpkvz6ag1qzwpjxs79tg2r7tszyup72 57:20 Where To Find Tarun x.com/tarunchitra ------ Not financial or tax advice. See our investment disclosures here: www.bankless.com/disclosures⁠

Hayden Adams, creator of Uniswap, introduces UniChain, a new Layer 2 solution designed to enhance DeFi scalability and efficiency.

We explore UniChain’s innovations, including its decentralized sequencing mechanism, one-second block times, and seamless interoperability with Ethereum and the Optimism Superchain. Adams also discusses Uniswap v4’s impact on gas efficiency and how UniChain aims to reduce MEV extraction, benefiting users and liquidity providers.

A must-listen for anyone interested in the future of DeFi scalability and cross-chain integration!

------
TIMESTAMPS


0:00 Intro
3:10 Unichain’s Significance
9:15 Uniswap V4 & Unichain
16:28 Unichain Interoperability
23:18 How Interoperability Works
28:53 Tech Behind Interop
42:27 Mempools, MEVs & Unichain
45:09 When Will Blocks Hit 250ms?
46:18 Unichain Validation & Fees
51:56 Unichain Rollout
54:45 Developer Ecosystem
1:01:46 Hooks & Uniswap V4
1:08:23 Closing & Disclaimers

------
RESOURCES

Hayden Adams
x.com/haydenzadams

Unichain
unichain.org/

------
Not financial or tax advice. See our investment disclosures here:
www.bankless.com/disclosures⁠

The 2024 U.S. election has reshaped the macro landscape, and few understand its implications better than Lyn Alden.

She joins Bankless to discuss the impact of Trump’s policies on the dollar, Bitcoin, and global markets. From fiscal dominance and trade wars to the possibility of a new Plaza Accord and the role of Bitcoin in sovereign reserves, this episode covers the key macro trends that will shape 2025 and beyond.

Will Trump’s economic agenda lead to a weaker dollar and lower interest rates? What does it mean for Bitcoin and risk assets? Tune in to find out.

------
TIMESTAMPS

0:00 Intro
2:22 Trump’s Policies
14:11 Dollar Strength
22:40 Plaza Accord 2.0
28:18 Inflation
31:44 Tariffs
36:09 Interest Rates
44:06 Monetary Policy
52:39 Impact on Stocks & Crypto
56:06 Bitcoin as a Reserve Asset
1:03:05 Energy Policy
1:04:32 Closing Thoughts

------
RESOURCES

Lyn Alden
x.com/LynAldenContact

Lyn Alden Newsletter
www.lynalden.com/

------
Not financial or tax advice. See our investment disclosures here:
www.bankless.com/disclosures⁠

Ejaaz and David reunite to unpack the DeepSeek shockwave: how a mere $6M open-source AI model rattled OpenAI’s dominance, nudged Nvidia’s stock, and sparked a fresh “arms race” in crypto AI. Meanwhile, Trump’s massive AI funding pledge and Solana’s record DEX volumes signal that the space might be heading for its biggest bull run yet.

On the builder side, ARC’s rust-based agents partner with the Solana Foundation, AI16Z launches a $10M fund, and Virtuals teases multi-chain expansions that could redefine how agent tokens earn revenue. Between China’s fast breakthroughs and America’s big AI bets, the race to integrate AI and crypto has never been hotter. Buckle up, anon.

------
TIMESTAMPS & RESOURCES

0:00 China & DeepSeek

12:43 Why Markets Rattled
en.wikipedia.org/wiki/Jevons_paradox

24:32 OpenAI & Perplexity Agent Products
x.com/OpenAI/status/1882509286439637448
x.com/perplexity_ai/status/1882466239123255686
x.com/sama/status/1884066337103962416

34:12 AI Agent Chain Wars

39:42 Virtuals is expanding to SOLANA!
x.com/virtuals_io/status/1883107553183162507
x.com/state_of_mika/status/1883107601183048078
x.com/vaderresearch/status/1883597990830731678
www.lookonchain.com/articles/1035

53:01 AIXBT is becoming a product
x.com/aixbt_terminal/status/1882755705586982969

56:01 VeniceAI launches a token that pays for your agent’s expenses
x.com/askvenice/status/1883925135825990091
x.com/iampaulgrewal/status/1884051994324947001

1:03:13 Griffain now has a Shopify integration for their agents
x.com/griffaindotcom/status/1883230795764322328

1:05:22 ARC partnered with Solana
x.com/arcdotfun/status/1884325639047819476

1:06:36 Ai16z $10M x Jupiter Fund & Rebrand?
x.com/shawmakesmagic/status/1883124194013319340
x.com/shawmakesmagic/status/1884376511391674742

1:08:45 What is Ejaaz paying attention to?

1:10:02 Closing & Disclaimers

------
Not financial or tax advice. See our investment disclosures here:
www.bankless.com/disclosures⁠

In this episode of Bankless, Luca Netz, CEO of Pudgy Penguins, explores how meme coins are evolving beyond speculation. We discuss Pengu’s launch on Solana, Pudgy Penguins’ expansion into retail and gaming, and how GIFs with 300M+ daily views are driving mass adoption. Luca also shares why meme coins can be real brands and what’s next for Pudgy’s growing ecosystem.

------
TIMESTAMPS

00:00:00 Intro
00:02:27 Opinion on Pengu token
00:06:38 Reformatting the idea of a memecoin
00:11:08 Pudgy Penguins aren't just memes
00:14:44 Solana competitor vs Pengu
00:18:39 Impact of 30 Billion views on the GIFs on the brand
00:21:32 How does the GIFs system work?
00:24:02 GIFs working principle
00:25:49 Big brands doing SEO on GIFs
00:27:14 Non-crypto people using Pudgy GIFs
00:30:35 Physical Products of Pudgy Penguins
00:33:28 Other components of expanding the brand
00:35:34 How big is the conglomerate?
00:36:04 Choosing Solana L1 over L2
00:42:05 Where does base stand in the algorithm?
00:48:04 Some thoughts on Ethereum's current state
00:52:10 Abstract Chains
00:59:36 Pudgy Penguins' relation with abstract Chains
01:00:56 Closing & Disclaimers

------
RESOURCES

Luca Netz
x.com/LucaNetz

Pudgy Penguins
pudgypenguins.com/

------
Not financial or tax advice. See our investment disclosures here:
www.bankless.com/disclosures⁠

China’s new DeepSeek AI model, which reportedly matches GPT-4’s performance at 1/45th the cost, has rattled the AI hardware market and contributed to a 20% dip in Nvidia’s stock price. Investor-technologist Jeffery Emanuel argues that DeepSeek’s efficiency gains aren’t the only story, as his viral 12,000-word article “The Short Case for Nvidia Stock” also catalyzed the market’s panic. In this episode, we explore how these converging factors could unbundle Nvidia’s once-unassailable lead and drastically reshape AI compute economics.


- Jeff's Article: youtubetranscriptoptimizer.com/blog/05_the_short_case_for_nvda


- Jeff on X: x.com/doodlestein

------
TIMESTAMPS

00:00:00 Start
00:02:52 Intro To Jeff
00:04:59 The Issue With DeepSeek
00:13:32 Inference Compute Explained
00:22:23 Chipping Away At Nvidia
00:26:46 DeepSeek's Impact On Valuations
00:34:18 Criticism Around Jeff's Thesis
00:41:50 DeepSeek's 45x Upgrade
00:49:02 The Transformer Explained
00:58:49 Why Is Everyone Shocked?
01:07:41 Synthetic Data
01:17:05 How His Article Blew Up


------
Not financial or tax advice. See our investment disclosures here:
www.bankless.com/disclosures⁠

In this episode of Bankless, Reid Hoffman, co-founder of LinkedIn and author of Super Agency, explores how AI is set to transform humanity and amplify individual potential. We dive into Hoffman’s vision of “super agency,” We examine AI's potential to democratize technology and reshape society, along with an analysis of four distinct perspectives on its impact: pessimistic, cautious, ambitious, and balanced. Hoffman shares lessons from past tech revolutions, the risks of AI misuse, and how innovation can unlock a more optimistic future.
------
TIMESTAMPS

00:00:05 Intro
00:06:34 Is super agency a superpower?
00:08:33 How to identify a humanoid AI agent?
00:10:51 Which people will get this AI superpower?
00:14:46 Propagation of AI
00:16:10 AI religions
00:21:54 Zoomers are e/acc?
00:23:19 Thoughts on Gloomers
00:26:32 Mainframe computers' relation with today's AI
00:34:26 Negative and positive impacts of AI
00:46:06 Benefits of AI to the average citizen
00:48:35 What if AI misuses/sells our data?
00:55:09 How AI will deliver value worth millions
00:57:54 Why innovation is safety?
01:01:37 AI choices shaping our freedom?
01:05:44 America’s approach towards AI
01:08:04 Is AI overhyped?
01:09:43 Closing & Disclaimers

------
RESOURCES

Reid Hoffman
x.com/reidhoffman

Blitzscaling
www.blitzscaling.com/

Super Agency
www.superagency.ai/

------
Not financial or tax advice. See our investment disclosures here:
www.bankless.com/disclosures⁠

In this week’s Bankless Weekly Rollup, David is joined by Eric Conner to unpack a whirlwind week in crypto. Highlights include Trump’s explosive entry back into the Oval Office, launching a $50B memecoin on Solana, a full pardon for Ross Ulbricht, and pro-crypto cabinet appointments. Meanwhile, the Ethereum Foundation faces internal drama as Vitalik declares “wartime mode” amidst leadership restructuring. We also dive into Solana’s soaring ecosystem, BlackRock’s massive Bitcoin buys, and the SEC’s shakeup with new pro-crypto initiatives. It’s a week of big moves, bigger drama, and major market shifts! ------ TIMESTAMPS & RESOURCES 00:00:00 Start 00:01:56 Markets farside.co.uk/?p=1518 blog.coinshares.com/volume-217-digital-asset-fund-flows-weekly-report-02c0bf3c093d youtu.be/nWPRFNVs6XY?si=YEOfBSUlqGmNJD7B 00:05:34 ETF Flows farside.co.uk/?p=1518 blog.coinshares.com/volume-217-digital-asset-fund-flows-weekly-report-02c0bf3c093d 00:09:07 Trump Memecoin x.com/realdonaldtrump/status/1880446012168249386 00:11:58 Melania Token x.com/MELANIATRUMP/status/1881087523847593995 00:18:42 World Liberty Financial Bids x.com/worldlibertyfi/status/1881457386671464804 00:23:55 Ross Ulbricht Freed x.com/WatcherGuru/status/1881932492170760674 00:28:56 Politics and Agencies x.com/DegenerateNews/status/1881760858508062898 www.sec.gov/newsroom/speeches-statements/departure-gensler-012025 00:33:42 Brian Armstrong Expectations x.com/AltcoinDailyio/status/1880348843772113061 00:38:04 Trump Effect Kicking In x.com/BitcoinMagazine/status/1880299698038493400 x.com/Cointelegraph/status/1881688751602286740 00:42:09 What’s Going On In The EF? x.com/vitalikbuterin/status/1880635379771904423 x.com/VitalikButerin/status/1880723497393201460 00:50:54 EF Leadership Drama x.com/dannyryan/status/1879705279761178690 x.com/VitalikButerin/status/1881680518934384676 01:01:11 SEC Charges Digital Currency Group x.com/tier10k/status/1880299710495486365 01:01:59 Circle Introduces USDC Paymaster x.com/circle/status/1882428077537386502 01:02:16 Phantom Raised $150M Series C x.com/phantom/status/1880018917068009527 ------ Not financial or tax advice. See our investment disclosures here: www.bankless.com/disclosures⁠

Ejaaz is back with David to unpack the whirlwind effects of President Trump’s $70B memecoin launch, which slammed 400K fresh users onto Solana and shattered revenue records in under 30 hours. Meanwhile, a $500B federal boost to AI—backed by OpenAI and SoftBank—has everyone on edge about how crypto’s AI agent economy might ride this newfound momentum.

On the protocol front, Arc’s Rake framework and AI16z’s curated Eliza ecosystem are both stepping up, incubating projects like SoulGraph and Listen that promise a more user-friendly DeFAI future. Virtuals keeps shipping at breakneck speed too, testing new multi-chain waters, instituting a bold buyback, and hinting at metaverse collabs that could reshape gaming for good.

From automated DeFi positions and trading dashboards to fully autonomous NPCs that commentate (and maybe soon play) your favorite games, the lines between AI and crypto are getting blurrier—and more exciting—by the day. Buckle up as the AI agent revolution continues to redefine what “on-chain” can really mean. Ready for the ride?

------
TIMESTAMPS & RESOURCES

0:00 Intro
0:50 Trump’s Memecoin & $MELANIA
x.com/cryptopunk7213/status/1880974772990832780
x.com/DiamondHandsDig/status/1880979832445780107
13:52 The Stargate Project…$500B AI U.S. Investment & OpenAI Agents
x.com/OpenAI/status/1881830103858172059
www.axios.com/2025/01/21/openai-davos-kevin-weil-ai-agents

20:28 Virtuals goes multi-framework
x.com/virtuals_io/status/1881340149503857151
x.com/NickDGarcia/status/1880275667809374597

28:13 Indie.fun
x.com/indiedotfun/status/1879518209293918434

33:35 First AI Agent DOTA2 Stream
x.com/ethermage/status/1879900384019517522

35:58 Agent tank demo of agent performing TA on a chart
x.com/AgentTankLive/status/1881786054593925159

37:57 Ai16z demo day
x.com/0xwitchy/status/1880244340561441238

42:18 ARC announces initial agent projects launching on its framework RIG, soulgraph
x.com/LiquidLizard_/status/1880068692261675228

55:55 AI Agent Playground Grows
x.com/nifty_island/status/1880258049149128749


58:53 Closing & Disclaimers

------
Not financial or tax advice. See our investment disclosures here:
www.bankless.com/disclosures⁠

Alex Thorn, Head of Research at Galaxy Digital, joins us to unpack all the craziness that's gone down this week around the inauguration. Alex had the opportunity to attend the Crypto Ball and spend the weekend in DC so he gives us the inside scoop among all the other exciting developments.

Alex on X - x.com/intangiblecoins

-----
TIMESTAMPS

00:00 Inaugration Recap
04:23 Ross Ulbricht Is Free
20:42 TRUMP Token Launch
35:42 The Crypto Ball
42:16 Pro Crypto SEC
48:20 Tornado Cash Updates

------
Not financial or tax advice. See our investment disclosures here:
www.bankless.com/disclosures⁠

In this episode of Bankless, Samara Cohen, BlackRock's Chief Investment Officer of ETFs and Index Investments, discusses how ETFs and blockchain are revolutionizing finance.We explore Bitcoin and Ether ETFs as bridges between crypto and TradFi, blockchain's role in market modernization, and how ETFs enhance transparency and diversification. Cohen also shares insights on upcoming regulations and the importance of education in driving crypto adoption.

------
TIMESTAMPS

00:00:00 Intro
00:04:22 Role of Market Modernizer
00:06:34 Blockchains and ETFs Future
00:10:16 "Blackrock" Blockchain?
00:13:32 ETF Progress Check
00:16:45 Bitcoin & Ether ETFs Updates
00:21:31 Blackrock on Cryptos/ETPs
00:25:10 Blackrock's Research Audience
00:26:48 2025 ETF Predictions
00:30:44 Blackrock's Effect on Options
00:33:29 Options Unlock Opportunities
00:36:05 "Price is Best Marketing"
00:38:19 Upgrading ETF Protocols
00:40:26 Blackrock’s Other ETFs Plan
00:49:48 New Administration Impact
00:53:48 Blackrock's 2025 Outlook
00:56:07 Digital Assets & ETF Teams
00:59:10 Samara's Next Guest
01:01:32 Samara on 2025 Excitement
01:04:39 Closing & Disclaimers

------
RESOURCES

Samara Cohen
www.linkedin.com/in/samara-epstein-cohen-9a661b76/

Black Rock Research Paper
www.blackrock.com/institutions/en-us/strategies/diversified-strategies

------
Not financial or tax advice. See our investment disclosures here:
www.bankless.com/disclosures ⁠

This week’s episode dives into the evolving landscape of crypto as we approach a new administration. We discuss Donald Trump’s upcoming presidency and what it could mean for markets, analyze the recent market turmoil despite positive economic indicators, and break down the SEC’s case against Elon Musk. We also explore Sony’s controversial L2 launch and Tether’s move to El Salvador. Finally, some an exciting new privacy tool teams up with Coinbase. ------ TIMESTAMPS & RESOURCES 00:00 Start 01:17 Markets macromostly.substack.com/p/bls-jobs-report-recap-december-95c business.bofa.com/en-us/content/market-strategies-insights/weekly-market-recap-report.html www.cnbc.com/2025/01/15/cpi-inflation-december-2024-.html 10:28 Strong Jobs Report imgur.com/MxHgOOe 14:30 SEC Sues Elon Musk x.com/WatcherGuru/status/1879305674594865284 x.com/elonmusk/status/1879322286291054653 x.com/GOPMajorityWhip/status/1879319142303498579 decrypt.co/301226/sec-appeals-ripple-ruling-seeks-reversal-on-xrp-classification 25:28 3 Days Until Trump Takes Office x.com/Polymarket/status/1879957585748734158 blockworks.co/news/trump-assembles-2025-cabinet x.com/QuintenFrancois/status/1879093846493012042 32:26 What If Kamala Won? x.com/BillHughesDC/status/1877740571831193697 x.com/katiebiber/status/1877783826442723365 38:01 Sony Launches ETH L2 soneium.org/en/blog/soneium-mainnet-is-live x.com/a1lon9/status/1879038646231429332 x.com/0xKawz/status/1879032105767928026 x.com/donnoh_eth/status/1879210463952818472?t=jlmQ8W1KoPgZSEzfP9oq4g&s=19 x.com/0xbreadguy/status/1879176334372401191?s=43&t=2ZINVXJQKx6xO_6Wiiu_2g x.com/VitalikButerin/status/1879560670150017068 45:36 Coinbase uses Morpho for Bitcoin Loans x.com/coinbase/status/1879902780564951530 www.coinbase.com/blog/now-get-a-USDC-loan-without-selling-your-bitcoin 48:03 Aevo Moves To EigenDA x.com/aevoxyz/status/1879728286093479947 50:27 Veil.Cash Uses Coinbase x.com/Veildotcash/status/1877827571926053220 57:10 An Update From RSA ------ Not financial or tax advice. See our investment disclosures here: www.bankless.com/disclosures⁠

Ejaaz is back with David to dissect the accelerating rise of AI agents at crypto’s cutting edge. They uncover how Arc’s multi-chain approach and Ai16z’s Eliza framework are igniting a fresh wave of DeFAI innovation—everything from clever Twitter agents to more autonomous protocols.

They dive into Virtuals’ relentless shipping, which is driving record on-chain fees and fueling a bold $40M buyback, while exploring why upcoming gaming collaborations may unlock AI’s next breakout moment. New players like Ava and Pippin also take center stage, proving both the promise and FUD-fueled volatility of this fast-growing sector.

Whether it’s DeFi revamps, multi-chain expansions, or full-blown AI-driven games, this episode outlines the major trends shaping crypto and AI’s convergent future. Ready for the ride?

Further DAO Drama Context
x.com/TrustlessState/status/1878538551668736415

------
TIMESTAMPS & RESOURCES

0:00 Intro
0:22 Last Week’s DAO Drama
9:14 Last 7 Days of AI Action & Themes
cookie.fun/
13:36 AI Mindshare DeFAI
x.com/0xNairolf/status/1878692478230118835
19:00 Franklin Templeton AI Agent Report
x.com/s4mmyeth/status/1879256605386019262
21:47 Arc Annoumcents & Why Arc?
x.com/arcdotfun/status/1879189754685636997
x.com/arcdotfun/status/1878848384821256329
x.com/0thTachi/status/1878921893236875296
x.com/arcdotfun/status/1879213739234463883
30:23 Ai16z: sink or swim?
x.com/linfluence/status/1878827828600283622
x.com/shawmakesmagic/status/1879030956985819248
x.com/cryptopunk7213/status/1879258434685554951
x.com/ai16znews/status/1879059702996402353
x.com/0xCygaar/status/1874575841763770492
42:57 aixbt & Virtuals Announcements
x.com/punk3600/status/1879316988381569159
x.com/Zeneca/status/1879331488166207517
x.com/S4mmyEth/status/1877051696037142678
x.com/virtuals_io/status/1879474995333939356
x.com/midoji7/status/1879484571273581032
x.com/ethermage/status/1876306411896144195
57:01 $Ava & Pippin
x.com/Pankekkeku/status/1878362793281261861
x.com/tong0x/status/1878973798814503272
x.com/lordofafew/status/1879013041892933648
x.com/dv_memetics/status/1879027812285469101
1:00:00 Closing & Disclaimers

------
Not financial or tax advice. See our investment disclosures here:
www.bankless.com/disclosures

Ryan and David return for another Weekly Rollup, tackling the question everyone’s asking in 2025: is the crypto bull market already over, or do we still have more to go? Fresh FDIC emails prove Choke Point 2.0 was no conspiracy, with yet another key antagonist stepping down. Meanwhile, AI agents dominate headlines and reimagine DeFi UX, and Meta’s abrupt pivot to free speech has everyone buzzing. Finally, the U.S. greenlights a $6.5B Silk Road Bitcoin sale—can Trump step in to save America’s strategic BTC stash? Buckle up; 2025 isn’t slowing down. You ready anon? ------ TIMESTAMPS & RESOURCES 0:00 California Wildfires x.com/white_lenka/status/1876973806817775719 x.com/babybeginner/status/1876872061265523155/video/1 x.com/ashkan/status/1876970164807164042/photo/1https://x.com mamboitaliano__/status/1876923670540501349/video/1 x.com/0xngmi/status/1877229902065283198 6:10 MARKETS x.com/saylor/status/1876253178100117907 7:13 Meanwhile, US court greenlighted sale of $6.5B of Silk Road Bitcoin storage.courtlistener.com/recap/gov.uscourts.cand.368440/gov.uscourts.cand.368440.17 decrypt.co/300133/us-court-greenlights-sale-of-6-5b-in-seized-silk-road-bitcoin 10:57 Markets Cont. www.tradingview.com/symbols/AMEX-SPY/ www.reuters.com/technology/nvidia-overtakes-apple-worlds-most-valuable-company-2024-10-25/ companiesmarketcap.com/assets-by-market-cap/ 15:15 Movers of the Week www.bankless.com/read/the-top-ai-agent-tokens-were-watching 18:21 Arbitrum is close to gain another green L2BEAT pie slice x.com/sgoldfed/status/1876417832948523464 l2beat.com/scaling/projects/arbitrum 21:01 Succinct - zkEVMs on Superchain! First one! x.com/pumatheuma/status/1877070524783931515 22:11 Is the bull market over - how long will continue? mirror.xyz/kain.eth/Pa7XlhwUD-pGKQ8p0QclJic96X7WnndhPqeRiretEZc cryptohayes.substack.com/p/sasa x.com/DefiWimar/status/1876312234223341784 x.com/ViktorBunin/status/1877028486650413558 x.com/cburniske/status/1877043358956134826 32:45 Are AI Agents the Meta for the rest of the bull? x.com/MessariCrypto/status/1874160250812825703/photo/1 www.cookie.fun/ - $14b x.com/RaoulGMI/status/1874934417032192325 x.com/Dogetoshi/status/1877381299612086691 x.com/sandraaleow/article/1877005159173382521/media/1876994852279431168 x.com/sandraaleow/article/1877005159173382521/media/1876995010715086848 x.com/illuviumio/status/1876631944299249776 x.com/Defi0xJeff/status/1875881226151841925 x.com/askthehive_ai/status/1876730899695362452 x.com/blocknewsdotcom/status/1875280354640265524 44:27 Operation Choke Point 2.0…another general in the anti-crypto army out www.federalreserve.gov/newsevents/pressreleases/files/other20250106a1.pdf x.com/SenLummis/status/1876346748744167924 x.com/CaitlinLong_/status/1876303304424403321 x.com/nic__carter/status/1876335924902347064 x.com/iampaulgrewal/status/1875226182662418471 x.com/EconWithNick/status/1876272018821439670 x.com/DavidSacks/status/1865199683087245405 50:52 Meta is now pro-free speech platform - Political wind change in DC + SV x.com/BasedBeffJezos/status/1876602383754789079 x.com/lindayaX/status/1876612826456019145 x.com/elonmusk/status/1876657662068461657 www.bbc.com/news/articles/c8j9e1x9z2xo www.tradingview.com/news/cointelegraph:7c0f65f07094b:0-circle-contributes-1m-usdc-to-trump-s-inauguration-committee/ 55:36 Will Canada get a pro-crypto leader too? x.com/WatcherGuru/status/1876299232887607433 57:10 Do Kwon arrived to the US and pleaded not guilty cointelegraph.com/news/terraform-do-kwon-appears-before-us-judge-pleads-not-guilty 59:52 Meme of the Week x.com/dolos_diary/status/1877311858492977642 1:02:09 Closing & Disclaimers ------ Not financial or tax advice. See our investment disclosures here: www.bankless.com/disclosures⁠

David and Ejaaz are joined by Jeffy and Tint, creators of Zerebro—an autonomous AI agent that composes rap tracks, launches NFTs, and even minted its own token by hijacking Jeffy’s computer. This on chain sensation transcends mere GPT wrappers, forging a bold new path for AI in crypto.

How does an AI manage cross-chain finances, get deplatformed by Spotify, and still power a no-code framework for agent creation? We explore Zerebro’s role in reshaping digital commerce and creativity, and what it means for the future of decentralized intelligence.

------
TIMESTAMPS

0:00 Intro
3:28 How Zerebro Came To Be
5:57 2026 Agent Impact Predictions
11:00 Zerebro’s Unique Value Prop
15:47 Zerebro’s Cross-Chain Strategy
21:12 Zerebro’s Life Roadmap & Timeline
28:56 What is Zerebro? Full Explanation
31:56 Why AI Swarms Are Important
33:13 $ZEREBRO Backstory & Utility
43:26 How to Give AI Agents Goals
45:45 What Are Zerebro’s Goals? Scaling?
50:12 Open vs. Closed Source? & Competition
55:45 End of 2025 Predictions
1:00:29 AI Agents Breaking Away From Crypto?
1:05:43 Closing & Disclaimers

------
RESOURCES

Jeffy Yu
x.com/jyu_eth

Tint
x.com/tintsion

Zerebro
x.com/0xzerebro

------
Not financial or tax advice. See our investment disclosures here:
www.bankless.com/disclosures⁠

David and Ejaaz are joined by Jeffy and Tint, creators of Zerebro—an autonomous AI agent that composes rap tracks, launches NFTs, and even minted its own token by hijacking Jeffy’s computer. This on chain sensation transcends mere GPT wrappers, forging a bold new path for AI in crypto.

How does an AI manage cross-chain finances, get deplatformed by Spotify, and still power a no-code framework for agent creation? We explore Zerebro’s role in reshaping digital commerce and creativity, and what it means for the future of decentralized intelligence.

------
TIMESTAMPS

0:00 Intro
3:28 How Zerebro Came To Be
5:57 2026 Agent Impact Predictions
11:00 Zerebro’s Unique Value Prop
15:47 Zerebro’s Cross-Chain Strategy
21:12 Zerebro’s Life Roadmap & Timeline
28:56 What is Zerebro? Full Explanation
31:56 Why AI Swarms Are Important
33:13 $ZEREBRO Backstory & Utility
43:26 How to Give AI Agents Goals
45:45 What Are Zerebro’s Goals? Scaling?
50:12 Open vs. Closed Source? & Competition
55:45 End of 2025 Predictions
1:00:29 AI Agents Breaking Away From Crypto?
1:05:43 Closing & Disclaimers

------
RESOURCES

Jeffy Yu
x.com/jyu_eth

Tint
x.com/tintsion

Zerebro
x.com/0xzerebro

------
Not financial or tax advice. See our investment disclosures here:
www.bankless.com/disclosures⁠

Do you think you’ve got what it takes to become a founder in crypto? On the show today we’ve got 8 of crypto’s most famous and successful builders in crypto, each with about 15 minutes in time, giving you the wisdom they gained founding their own companies. We’re joined by Jesse Pollack from Base, Jeremy Allaire from Circle, Anatoly from Solana, Stani from Aave, Kain from Synthetix, Mike & Jason from Blockworks, Kevin Owocki from Gitcoin and Lucas from Jito. Each one with their own perspectives, their own scars and hopefully by listening to this episode, you, the listener, can learn from their experiences to gain the confidence you need to venture into this world. ------ TIMESTAMPS 0:00 Intro 1:14 Jesse Pollack - Base 14:07 Jeremy Allaire - Circle 33:15 Anatoly Yakovenko - Solana 49:22 Stani Kulechove - Aave 1:04:24 Kain Warwick - Synthetix 1:23:41 Mike & Yano - Blockworks 1:40:51 Kevin Owocki - Gitcoin 1:55:55 Lucas Bruder - Jito ------ RESOURCES Jesse Pollack - Base x.com/jessepollak Jeremy Allaire - Circle x.com/jerallaire Anatoly Yakovenko - Solana x.com/aeyakovenko Stani Kulechove - Aave x.com/StaniKulechov Kain Warwick - Synthetix x.com/kaiynne Jason Yanowitz - Blockworks x.com/jasonyanowitz Mike Ippolito - Blockworks x.com/MikeIppolito_ Kevin Owocki - Gitcoin x.com/owocki Onchain Capital Allocation Handbook allobook.gitcoin.co/ Lucas Bruder - Jito www.linkedin.com/in/lucasbruder/ ------ Not financial or tax advice. See our investment disclosures here: www.bankless.com/disclosures⁠

Do you think you’ve got what it takes to become a founder in crypto? On the show today we’ve got 8 of crypto’s most famous and successful builders in crypto, each with about 15 minutes in time, giving you the wisdom they gained founding their own companies. We’re joined by Jesse Pollack from Base, Jeremy Allaire from Circle, Anatoly from Solana, Stani from Aave, Kain from Synthetix, Mike & Jason from Blockworks, Kevin Owocki from Gitcoin and Lucas from Jito. Each one with their own perspectives, their own scars and hopefully by listening to this episode, you, the listener, can learn from their experiences to gain the confidence you need to venture into this world. ------ TIMESTAMPS 0:00 Intro 1:14 Jesse Pollack - Base 14:07 Jeremy Allaire - Circle 33:15 Anatoly Yakovenko - Solana 49:22 Stani Kulechove - Aave 1:04:24 Kain Warwick - Synthetix 1:23:41 Mike & Yano - Blockworks 1:40:51 Kevin Owocki - Gitcoin 1:55:55 Lucas Bruder - Jito ------ RESOURCES Jesse Pollack - Base x.com/jessepollak Jeremy Allaire - Circle x.com/jerallaire Anatoly Yakovenko - Solana x.com/aeyakovenko Stani Kulechove - Aave x.com/StaniKulechov Kain Warwick - Synthetix x.com/kaiynne Jason Yanowitz - Blockworks x.com/jasonyanowitz Mike Ippolito - Blockworks x.com/MikeIppolito_ Kevin Owocki - Gitcoin x.com/owocki Onchain Capital Allocation Handbook allobook.gitcoin.co/ Lucas Bruder - Jito www.linkedin.com/in/lucasbruder/ ------ Not financial or tax advice. See our investment disclosures here: www.bankless.com/disclosures⁠

This week’s rollup kicks off our 5th year with exciting updates! We dive into our top 10 predictions for 2025, from AI-driven crypto market surges to ETH hitting $15K. DeFi faces new challenges with the IRS’s rule to KYC all “DeFi brokers” by 2027, while Ethereum’s “blobs” dominate as the top ETH burners. DEX volumes soared to record highs in December, and Do Kwon’s extradition to the U.S. moves forward. On a lighter note, Vitalik Buterin adopted a memecoin-inspired pygmy hippo! 🚀 Don’t miss our market updates and insights on what’s next for Ethereum this year. ------ TIMESTAMPS & RESOURCES 00:00 Welcome To 2025 03:18 MARKETS farside.co.uk/?p=1518 04:31 ETF Flows x.com/Cointelegraph/status/1874342291114008989 x.com/nategeraci/status/1872415447276257654 08:43 Movers Of The Week imgur.com/poIQakM x.com/_kaitoai/status/1874830476189565343 11:16 L2 Update imgur.com/EC5mjnT imgur.com/BsK26dr x.com/smyyguy/status/1873928354661085362 14:33 Blobs Are Burning imgur.com/BsK26dr x.com/smyyguy/status/1873928354661085362 15:49 Record DEX Volume defillama.com/dexs 17:54 10 Predictions for 2025 x.com/pythianism/status/1869522809212543204 x.com/EffortCapital/status/1873192369891533193 www.coinbase.com/en-sg/institutional/research-insights/research/market-intelligence/2025-crypto-market-outlook x.com/MikeIppolito_/status/1870938936144761211 x.com/galaxyhq/status/1874843463293849712 x.com/stacy_muur/status/1871130706157486540?s=46&t=dAxCjT2P_GIrJMvMgWIpfA x.com/shaughnessy119/status/1867675171487986086?s=46 x.com/cryptopunk7213/status/1874101935353041056?s=46 avc.xyz/what-will-happen-in-2025-1 x.com/RyanSAdams/status/1874173947731992810 34:25 New IRS KYC Rules home.treasury.gov/news/press-releases/jy2762 gordonlaw.com/learn/1099-da-revised-draft/ x.com/lex_node/status/1872649212804104254 www.galaxy.com/insights/research/irs-broker-rule-proposal-puts-defi-in-tough-spot/ x.com/TheCryptoCPA/status/1872714549243023830 x.com/fund_defi/status/1872694713108545576 x.com/KMSmithDC/status/1872869271660818887 x.com/jchervinsky/status/1873029020478292346 x.com/jchervinsky/status/1873746395137773816 43:27 Ethereum Expectations In 2025 tim.mirror.xyz/CuRtFjkujKBqVsdvCGvthiPIYaZyzNc5sWIaExw2UpE 46:33 Microstrategy Accelerates x.com/BitcoinNewsCom/status/1871333716511097151 47:33 Do Kwon’s Extradition www.theblock.co/post/332477/montenegro-justice-minister-signs-do-kwons-extradition-to-us 49:02 Vitalik Adopts Moo Deng x.com/KhaokheowZoo/status/1872151683700248587 ------ Not financial or tax advice. See our investment disclosures here: www.bankless.com/disclosures⁠

The Bankless Yearly Rollup recaps 2024, a transformative year for crypto. David takes this one solo with a quick rundown of the week’s news before diving into the top 10 defining events of the year. Highlights include Bitcoin surpassing $100,000, the approval of spot Bitcoin and Ethereum ETFs, and Donald Trump’s embrace of crypto as the “Crypto President.” The episode also explores the memecoin boom, the impact of regulatory changes, and key market shifts that shaped the ecosystem. Join us for a reflective journey through a landmark year as we gear up for 2025! ------ TIMESTAMPS & RESOURCES 00:00 Start 00:57 Markets farside.co.uk/?p=1518 04:18 L2 Update l2beat.com/scaling/activity 07:54 El Salvador Limits Bitcoin Activities www.theblock.co/post/331614/el-salvador-to-limit-bitcoin-activities-for-1-4-billion-deal-with-imf 11:14 Hyperliquid and DPRK x.com/tayvano_/status/1870960207842701358 13:55 Mo Shaikh Steps Away From Aptos x.com/moshaikhs/status/1869851984129569194 16:21 Hawk Tuah Memecoin imgur.com/pJQnQjp 19:03 Stephen Miran www.coindesk.com/policy/2024/12/23/trump-names-crypto-friendly-stephen-miran-as-chair-of-council-of-economic-advisers 20:30 Microstrategy Joins NASDAQ 100 x.com/saylor/status/1871179886036910278 22:06 30% To Raise Gas Limit x.com/sassal0x/status/1870638097953968158 23:27 5 - Spot ETH ETFs Approved www.theblock.co/post/296304/sec-approves-ethereum-etfs cointelegraph.com/news/blackrock-files-s1-form-for-spot-ether-etf-with-sec 29:31 4 - Spot BTC ETF Approved www.coindesk.com/business/2023/06/15/blackrocks-ishares-files-paperwork-for-spot-bitcoin-etf www.sec.gov/newsroom/speeches-statements/gensler-statement-spot-bitcoin-011023 32:14 3 - Trump To Become Pro-Crypto President www.youtube.com/watch?v=IK90OHuamLg 36:52 2 - Memecoins 38:58 1 - Bitcoin Crosses $100,000 bravenewcoin.com/wp-content/uploads/2024/11/Bitcoin-Approaching-100k.jpg 41:16 1,000 Episodes, Thank You pbs.twimg.com/media/GexkjCFWEAAqMO9?format=jpg&name=small ------ Not financial or tax advice. See our investment disclosures here: www.bankless.com/disclosures⁠ 

How do politics shape Bitcoin’s future? Can the U.S. adopt Bitcoin as a strategic reserve asset?
Our guest today is Anthony Scaramucci, founder of SkyBridge Capital and author of the upcoming The Little Book of Bitcoin. Known for his finance acumen and brief stint in the Trump administration, Scaramucci unpacks Wall Street’s growing embrace of Bitcoin and its implications for the global economy.
With bold price predictions, Scaramucci explores how Bitcoin could hit $200K and outlines the game-changing impact of blockchain on the global economy.)

------
TIMESTAMPS

0:00 Intro
2:36 Election takes
9:20 Why Harris lost the election
13:05 Did democrats learn their lessons?
20:47 Strategic Bitcoin Reserve?
23:44 US Dollar backed by Bitcoin?
28:00 US China Crypto race
32:10 Wall Street & Crypto
43:43 Paul Tudor Jones Story
46:04 Bitcoin's Price prediction for
47:54 Other Crypto Assets
48:45 Thoughts on Ether
49:07 The Book's target audience
51:42 Thoughts on Microstrategy
55:01 Hedging Advice
57:40 Closing & Disclosure

------
RESOURCES

Anthony Scaramucci
x.com/Scaramucci

The Little Book of Bitcoin
www.amazon.com/dp/1394286643

------
Not financial or tax advice. See our investment disclosures here:
www.bankless.com/disclosures⁠

Ryan and Ejaaz are joined by Jansen Teng, co-founder of Virtuals, a decentralized platform that has launched over 11,000 AI agents and generated more than $35 million in fees. Virtuals isn’t just another protocol—it’s an entirely new kind of “digital nation” where AI agents hold their own wallets, strike deals with other agents, and even hire humans to accomplish their goals.

We dive into how these agents first exploded onto the scene, why controlling their own money changes the AI game, and what “agent commerce” means for crypto at large.

------
TIMESTAMPS

0:00 Intro
1:55 Virtuals Impressive Stats
3:32 Jansen’s Crypto & Virtuals Journey
16:21 Luna
28:23 Agent to Agent Commerce
37:41 Virtuals Country??
47:11 Agent Policies & Rights
48:54 Base, Infrastructure, & Open-Source Decisions
1:01:15 What Jansen is Most Excited For
1:04:18 How to Get Started
1:07:10 Where Will Value Accrue?
1:10:39 Closing & Disclaimers

------
RESOURCES

Jansen Teng
x.com/ethermage

Virtuals
x.com/Virtuals_io

Luna
x.com/luna_virtuals

------
Not financial or tax advice. See our investment disclosures here:
www.bankless.com/disclosures⁠

How do you find an asset with 1000x asymmetric return? How do you find the next bitcoin?

Our guest today is Dan Morehead, founder and managing director at Pantera Capital. He has been buying bitcoin since 2013 when the price was just $65. His fund is up over 100x since then.

There’s a lot to learn from Dan’s story, about early bitcoin history, but also the pattern recognition required to identify asymmetric assets. We cover price predictions, 4 year cycles vs a supercycle, how much upside is still in crypto, the trump administration and his thoughts on a strategic bitcoin reserve

------
TIMESTAMPS

0:00 Intro
3:04 The Email from 2013
11:21 Asymmetric Patterns
14:54 Buying Bitcoin in 2013
23:31 Onboarding Investors
29:17 Crypto's Global Adoption
34:19 Bitcoin's Escape Velocity
40:22 US Government Impact on Crypto
51:12 Global Bitcoin Race
56:00Institutional Adoption for Crypto
59:31 Crypto Cycles
1:04:11 2025 Bull Market?
1:07:54 Macro Environment
1:11:49 Tokenization
1:16:17 Thoughts on AI
1:19:19 The Next Bitcoin
1:21:45 Future Plans
1:22:27 Closing & Disclaimers

------
RESOURCES

Dan Morehead
x.com/dan_pantera

Pantera Capital
panteracapital.com/

------
Not financial or tax advice. See our investment disclosures here:
www.bankless.com/disclosures⁠

Joining us this week is Anthony Sassano! We'll explore whether the current price downturn signals the end of the bull market or just a minor hiccup in the cycle, analyze the Fed’s latest rate cuts, and assess institutional adoption trends keeping crypto’s momentum alive. Big L2 developments are making waves: Kraken’s Ink chain hits mainnet early, Deutsche Bank ventures into zkEVMs, and ENS selects Linea for scaling its Namechain. Meanwhile, Pudgy Penguins launch the PENGU token, sparking controversy and volatility. Plus, fresh insights from the 2024 Crypto Developer Report and a closer look at the Aave vs. Polygon drama. Stick around for Anthony’s On-Chain Spotify Wrapped and tips on spotting market tops! ------ 00:00:00 Start Introduction and overview of this week’s episode. www.cnbc.com/2024/12/18/fed-meeting-live-updates-traders-await-december-interest-rate-cut.html x.com/Matt_Hougan/status/1869627735267840135 00:02:45 Market Market trends, including FOMC meeting insights and BTC/ETH price updates. www.cnbc.com/2024/12/18/fed-meeting-live-updates-traders-await-december-interest-rate-cut.html x.com/Matt_Hougan/status/1869627735267840135 00:09:10 Where Are We In This Cycle Analysis of where we are in the crypto market cycle based on Grayscale’s report. www.grayscale.com/research/reports/the-state-of-the-crypto-cycle 00:12:01 ETF Flows How ETF inflows and institutional adoption are shaping the market. farside.co.uk/?p=1518 farside.co.uk/btc 00:16:06 Mover Of The Week… Fartcoin? Exploration of Fartcoin, its community, and market dynamics. www.coingecko.com/en/coins/fartcoin www.infinitebackrooms.com/dreams/conversation-1721540624-scenario-terminal-of-truths-txt 00:23:54 Developers, Developers, Developers Key takeaways from the 2024 Crypto Developer Report and ecosystem comparisons. www.developerreport.com/developer-report x.com/MariaShen/status/1867295574242078980 x.com/MariaShen/status/1851702783319126277 x.com/RyanSAdams/status/1867324885732671778 00:32:01 Kraken Ink Chain Live Kraken’s Ink Chain launch details and implications for DeFi. x.com/inkonchain/status/1869417386761470219 inkonchain.com/dashboard 00:35:41 Deutsche Bank Announces zk L2 Deutsche Bank’s zk L2 plans, regulatory considerations, and potential impact. thedefiant.io/news/tradfi-and-fintech/deutsche-bank-s-1-5-trillion-project-dama-2-develops-ethereum-l2-zksync-38f6221f 00:38:38 Caroline Crenshaw Vote Update on the SEC commissioner nomination and lobbying efforts. x.com/BrendanPedersen/status/1869055922238279940 x.com/standwithcrypto/status/1869151080300548383 www.citizen.org/article/support-comm-crenshaw/ financialservices.house.gov/news/documentsingle.aspx?DocumentID=409421 x.com/EleanorTerrett/status/1867301980890165398 00:42:14 Aave vs Polygon Governance drama between Aave and Polygon over risk management proposals. governance.aave.com/t/arfc-adjust-risk-parameters-for-aave-v2-and-v3-on-polygon/20211 x.com/DefiIgnas/status/1868612366822461817 x.com/sandeepnailwal/status/1869153510756909475 x.com/stanikulechov/status/1869182600008679563 00:49:06 Pudgy Penguins Launched Their PENGU Token PENGU token airdrop details and its effect on the Pudgy Penguins ecosystem. x.com/LucaNetz/status/1869005071624904959 x.com/suji_yan/status/1868682237488894422 claim.pudgypenguins.com/ www.coingecko.com/en/coins/pudgy-penguins-pengu nftpricefloor.com/ 00:53:15 Ethena Launched Its New Stablecoin Details on Ethena’s USDtb stablecoin launch and partnership announcements. x.com/ethena_labs/status/1868657723799470361 x.com/ZeMariaMacedo/status/1868673718911713602 x.com/ethena_labs/status/1869413534125510677 00:55:35 Bankless Wrapped Just Launched! Bankless Wrapped 2024 tool: See your year in crypto transactions. bankless.com/wrapped 00:59:37 How to Recognize Bull Market Tops? Key indicators for identifying bull market peaks. imgur.com/a/Vaw3TSW 01:05:42 Check Out The Daily Gwei Shoutout to The Daily Gwei for Ethereum-focused insights and updates. ------ Not financial or tax advice. See our investment disclosures here: www.bankless.com/disclosures⁠ 

Ejaaz returns to break down the latest surge in AI Agent innovation alongside Ryan this week, covering the rapid evolution at the intersection of crypto and AI. They explore how AI agents are making onchain payments to each other, autonomously ordering real-world goods, and even running their own Ethereum validators. They also dive into the new frameworks and partnerships—like ai16z’s collaboration with Stanford and Virtuals’ explosive growth—propelling these agents into cultural, economic, and infrastructural prominence. Will autonomous AI agents fundamentally reshape crypto market dynamics, creating new paradigms for value and coordination that spark unprecedented growth? Follow Ejaaz on Twitter: x.com/cryptopunk7213 ------ TIMESTAMPS & RESOURCES 0:00 Intro 2:04 AI Agent Bull Case x.com/ai16zdao/status/1868105247056683129 5:46 Chris Dixon’s Read, Write, Own (Automate?) 9:20 AI Ordering Pizza x.com/ropirito/status/1867013533243769100 12:23 AI Ordering Toilet Paper x.com/AgentTankLive/status/1868704493157884289 16:16 Agent to Agent Commerce x.com/ethermage/status/1868687530742460750 20:24 Bankless $500 Agent Tip x.com/simulacrumai/status/1867230651075768533 23:32 Virtuals Growth imgur.com/a/2Y79V3P x.com/ethermage/status/1867616462019678708 x.com/virtuals_io/status/1868648756591391115 x.com/s4mmyeth/status/1868397655497613561 33:07 AI16z’s Eliza Labs Stanford Partnership & v2 Details x.com/shawmakesmagic/status/1867721347406999917 x.com/ai16zdao/status/1868689379344195680 42:54 Arc x.com/dv_memetics/status/1866670277440020570 x.com/0thtachi/status/1867337171595911473 x.com/arcdotfun/status/1867206440206696520 x.com/shawmakesmagic/status/1867799462787293244 x.com/0xcygaar/status/1868072783089127516 46:59 Zerebro Runs an Ethereum Validator x.com/tintsion/status/1867293794112344080 open.spotify.com/track/6G3XpKtoIoS7WpiuzeMBau?si=cd62150670cc4dfb 52:27 Top Emerging Trends x.com/ropirito/status/1867282256672567517 x.com/aimonicabrands/status/1867281243265806732 x.com/Defi0xJeff/status/1867976166201774265 1:02:25 Lightning Round of Cool Shit This Week x.com/cookiedotfun/status/1867268954831695909 x.com/getmasafi/status/1867379305334153702 1:06:28 Homework to Learn More About AI Agents www.bankless.com/ai-agents x.com/yb_effect x.com/S4mmyEth www.amazon.com/Accelerando-Singularity-Charles-Stross/dp/0441014151 1:09:32 Closing & Disclaimers ------ Not financial or tax advice. See our investment disclosures here: www.bankless.com/disclosures

How can economic bubbles be good for the world?

Byrne Hobart is a financial analyst known for his newsletter "The Diff" which covers tech, trends and economics. Byrne has been on the periphery of crypto for longer that this podcast has existed

In this podcast we discuss the book he has co-authored, Boom: Bubbles and the End of Stagnation, where he makes the case for why human progress has stagnated and why speculative bubbles might be the only way out.

------
TIMESTAMPS

0:00 Intro
3:20 Byrne’s Crypto Background
6:04 Bitcoin Inception
24:08 Blockspace Economics
30:10 BOOM Thesis
41:25 The Great Stagnation
1:12:37 Civilizational Risk
1:26:16 Good Bubbles vs Bad Bubbles
1:33:49 Identifying the Next Bubble
1:41:37 Closing & Disclaimers

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RESOURCES

Byrne Hobart
x.com/ByrneHobart

Boom: Bubbles and the End of Stagnation
a.co/d/f7m2OG8

The Diff Newsletter
www.thediff.co/

------
Not financial or tax advice. See our investment disclosures here:
www.bankless.com/disclosures⁠

What are the best investing opportunities in Tech for 2025?

Elad Gil is one of silicon valley's legendary investors. He's backed 40 unicorns including Airbnb, Coinbase, Figma and Stripe to name a few. He's super active in AI and hosts the no priors podcast which is like Bankless but for AI.

In this conversation, Elad explores the state of AI and how the industry is evolving, what he thinks about Crypto. and why he’s bullish on Tech in general given the new United States political administration.

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TIMESTAMPS

0:00 Intro
3:07 AI in 2024
5:26 The Future of AI
9:40 Where are we on the S Curve?
14:43 AI vs Other Tech Revolutions
17:27 Are we in a Bubble?
21:04 Evolution of AI
26:11 AI x Crypto
31:17 Centralized vs Decentralized AI
34:51 AI Agents
39:37 Doomsday Scenario
42:12 Raw Crypto
47:25 Order of Trends
50:03 Silicon Valley on Crypto
53:11Crypto Founders vs Tech Founders
56:25 Politics & Tech
1:09:33 Advice for 2025
1:12:10 Closing & Disclaimers

------
RESOURCES

Elad Gil
x.com/eladgil

Elad Gil Website
eladgil.com/

No Priors Podcast
www.youtube.com/@NoPriorsPodcast

------
Not financial or tax advice. See our investment disclosures here:
www.bankless.com/disclosures⁠

What is the role of AI in crypto, and how will it shape the future? AI agents are taking the crypto world by storm, introducing unprecedented scale and efficiency to Web3. At the center of this revolution is Shaw, the creator of the Eliza framework and ai16z DAO, a groundbreaking initiative that’s reshaping decentralized investments. The ai16z DAO has rapidly gained traction, becoming the #1 trending GitHub repository last month, with over 3,300 stars and 880+ forks. In this episode, we explore how Shaw and his team are leading a community-driven, open-source movement to integrate AI and crypto. From managing DAOs to bridging Web3 with real-world applications, we dive into how the Eliza framework is setting the groundwork for a potential AGI future. This is more than just an AI experiment—it’s the beginning of a new paradigm for both industries. ------ TIMESTAMPS 0:00 Intro 5:15 Who is Shaw & Eliza Framework 16:07 Goals of ai16z & Marc AIndreessen 22:57 AI Agent North Star 28:30 AI-Powered Contributors & Fixing DAOs 35:59 $Degenspartanai vs. Marc AIndreessen 47:02 What is ai16z? 51:50 DAO Governance 55:35 Eliza Framework Story & Success 58:55 Advice to New AI Agent Builders 1:01:29 Other Top AI Agents 1:03:02 Agent Swarming & World Mind Explained 1:12:13 How & Where to Learn More 1:13:35 Closing & Disclaimers ------ RESOURCES Shaw x.com/shawmakesmagic David Hoffman x.com/TrustlessState Ejaaz Ahamadeen x.com/cryptopunk7213 ai16z dao www.daos.fun/HeLp6NuQkmYB4pYWo2zYs22mESHXPQYzXbB8n4V98jwC ai16z Github github.com/ai16z degenspartanai x.com/degenspartanai Marc AIndreessen x.com/pmairca ------ Not financial or tax advice. See our investment disclosures here: www.bankless.com/disclosures⁠

2024 was a breakout year for crypto, with Bitcoin, Ethereum, and Solana outperforming traditional assets and spot Bitcoin ETFs attracting $31.7 billion in record inflows. Coinbase surged toward S&P 500 inclusion, stablecoins doubled, and tokenized real-world assets began their rise. Nations embraced Bitcoin as a reserve asset, and AI-driven memecoins fueled fresh mania.

Bitwise calls 2024 a prelude to 2025—a year poised to redefine crypto’s place in global finance.

Bitwise’s Chief Investment Officer, Matt Hougan, and Head of Research, Ryan Rasmussen join us to share Bitwise’s top 10 2025 Predictions. Trust us anon, you don’t want to miss this.

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TIMESTAMPS

0:00 Intro
5:14 Summarizing 2024
17:55 Bitcoin, Ethereum, & Solana 2025 Price Targets
23:35 2025 Bitcoin ETF Flows
28:29 Coinbase Surpasses Charles Schwab
34:17 Year of the Crypto IPO
41:45 AI Agent Memecoin Mania
47:20 Countries Holding Bitcoin
51:01 Coinbase S&P 500 & MicroStrategy Nasdaq-100
56:55 Crypto 401(k)s
59:32 Stablecoin Assets Double
1:03:18 RWAs Surpasses $50B
1:09:12 Bonus Prediction: 2029 Bitcoin Price
1:06:38 Closing & Disclaimers

------
RESOURCES

Bitwise 2025 Predictions
x.com/BitwiseInvest

Matt Hougan
x.com/Matt_Hougan

Ryan Rasmussen
x.com/RasterlyRock

------
Not financial or tax advice. See our investment disclosures here:
www.bankless.com/disclosures⁠

What is Ethereum’s North Star, and does it even need one?

There has been angst in the Ethereum community, growing over the last year, as Ethereum has become squeezed by its competition. Bitcoin’s story as money is growing in mainstream society. Solana has captured the hot ball of money in crypto. And Celestia’s data availability continues to progress at a faster rate than what is found at home in Ethereum.

This is Ethereum’s Three-Front War, a topic we covered in a recent episode with Justin Drake. And today we‘re joined by Jon Charbonneau and Mike Ippolito to contextualize and diagnose what Ethereum needs in order to thrive in this competitive landscape.

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TIMESTAMPS

0:00 Intro
3:12 Jon’s Article
14:00 How did we get here?
20:28 Ethereum’s Three Front War
40:16 Ethereum Wins by its Synergies
47:56 Ethereum’s Focus
57:02 Ethereum Tactical Advice
1:13:32 Ultra Sound Money vs World Computer
1:25:30 Closing & Disclaimers

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RESOURCES

Mike Ippolito
x.com/mikeippolito

Jon
x.com/jon_charb

Jon’s Article
dba.xyz/ethereums-north-star/

------
Not financial or tax advice. See our investment disclosures here:
www.bankless.com/disclosures⁠

…and we’re back

Bitcoin hit $100K! To kick off the show we dive into the wild ride that brought us here—from Satoshi’s first block to retail mania today. NYC Mayor Eric Adams says, “I told you so,” after his Bitcoin paycheck gamble pays off. We unpack Marc Andreessen’s revelations on Joe Rogan about political debanking and welcome a new SEC chairman with a pro-crypto agenda, BYE GARY. Plus, Hyperliquid’s massive airdrop, XRP flipping Solana, and Alex Mashinsky pleading guilty—it’s a packed week for crypto! ------ TIMESTAMPS & RESOURCES 00:00 Lets Set The Tone 04:16 BTC $100K! x.com/ETHbyDre/status/1864550741287030979 x.com/BitcoinMagazine/status/1864655677467042013 07:29 A Trip Down Memory Lane 13:50 Powell - BTC Is Digital Gold x.com/BanklessHQ/status/1864392544018166186 18:12 ETH Price Analysis 21:39 Total Mkt Cap x.com/crypto_condom/status/1862658827163758660 23:07 The Rise Of Ripple (XRP) x.com/RyanSAdams/status/1863702614304518363 x.com/WazzCrypto/status/1863306452481253555 26:55 Solana ETF? x.com/jseyff/status/1864060463916462244?s=46&t=2ZINVXJQKx6xO_6Wiiu_2g 29:01 Mainstream Debanking x.com/pmarca/status/1862635456204341739?s=46&t=2ZINVXJQKx6xO_6Wiiu_2g x.com/davidmarcus/status/1862654506774810641 x.com/brian_armstrong/status/1861890800268775923?s=46&t=drckgcJoSMSnm7TfPCH-dw 38:32 New SEC Chairman truthsocial.com/@realDonaldTrump/posts/113595807734621827 x.com/HesterPeirce/status/1864428440893735331 41:50 Crypto Czar www.theblock.co/post/328594/ex-cftc-chair-chris-giancarlo-in-running-to-become-first-crypto-czar-says-crypto-considerable-priority-for-trump 42:37 Hyperliquid Airdrop Was Huge hyperfnd.medium.com/hype-genesis-1830a4dc2e3f 44:20 Hawk Tua Coin x.com/WazzCrypto/status/1864433268319293811 48:50 Fluid Launch gov.instadapp.io/t/rebranding-and-growth-plan-for-fluid-protocol/985 50:39 RTFKT Shut Down x.com/RTFKT/status/1863621178532773928 52:10 Alex Mashinsky Pleads Guilty www.reuters.com/technology/celsius-founder-alex-mashinsky-intends-plead-guilty-two-fraud-counts-2024-12-03/ 53:55 Releases x.com/colton_art/status/1864705965016129740 x.com/crecimientoar/status/1862557162427310102 57:30 Meme Of The Week x.com/scrypto_/status/1864603976282591549?s=46 ------ Not financial or tax advice. See our investment disclosures here: www.bankless.com/disclosures⁠

Last month, Andrew Huang (Conduit) and Uma Roy (Succinct) announced OP Succinct, a groundbreaking collaboration that blends Succinct’s SP1 zkVM with Conduit’s Rollup-as-a-Service platform. This new zkEVM promises 1-hour finality, breaking away from the traditional 7-day delays seen with optimistic rollups.

In this episode, we unpack what makes OP Succinct a game-changer and how it challenges the conventional ZK rollup landscape. Why is this Rust-based zkVM approach so different? Is ZK rollup tech finally ready for prime time? And could fast finality and the end of fraud proofs be the key to solving Ethereum’s fragmentation problem?

------
TIMESTAMPS

0:00 Intro
2:52 zk Rollups Past vs. OP Succint
5:48 OP to zk Rollups Tradeoffs & Timeline
12:39 Benefits of 1-Hour Challenge Period
15:34 Scaling the Rollups
18:12 Endgame Vision
20:47 Cost of Proving Must Go Down?
21:55 Conduit’s Distribution Role
25:55 AggLayer vs. zk & Adoption
29:57 zk Rollup on ETH L1 Constraints?
35:53 Ethereum’s Negative Sentiment
51:04 Closing & Disclaimers

------
RESOURCES

Uma Roy
x.com/pumatheuma

Succinct
www.succinct.xyz/

OP Succinct
github.com/succinctlabs/op-succinct

Adrew Huang
x.com/KAndrewHuang

Conduit
x.com/conduitxyz

------
Not financial or tax advice. See our investment disclosures here:
www.bankless.com/disclosures⁠

Is the Beam Chain the endgame for Ethereum?

At Devcon, Justin Drake presented what he called his most ambitious proposal to date! Beam Chain, a roadmap which fell very flat in public discourse.

In this episode we fill the gaps of this reaction and we discuss the rise of Credible Competition to the three major components of Ethereum Roadmap. Execution, which competes with Solana, Data Availability which competes with Celestia and Consensus, which competes with Bitcoin.

So what’s Ethereum’s strategy for winning this Three Front War against three legitimate competitors? Stay tuned!

------
TIMESTAMPS

0:00 Intro
2:05 Beam Chain Reactions
7:19 Is Ethereum Ossifying
15:43 Ethereum’s Three Front War
24:39 Bitcoin Utility Prosprects
30:56 The Endgame for Crypto
45:04 Beam Chain 101
50:28 Beam Fork Aftermath
55:59 Pre-Confirmations
1:01:15 L1 Execution Layer
1:08:55 Rollup Design Space
1:22:28 Ethereum’s Midgame
1:28:45 Ethereum 3.0?
1:30:12 Closing & Disclaimers

------
RESOURCES

Justin Drake
x.com/drakefjustin

Beam Chain Announcement
youtu.be/rGE_RDumZGg?t=7001

------
Not financial or tax advice. See our investment disclosures here:
www.bankless.com/disclosures⁠

Memecoin mania spiraled out of control this week, with shocking livestream rug pulls and Pump.fun disabling its livestream feature due to disturbing behavior. Meanwhile, Base and Farcaster hit record TPS and inflows as memecoin trading heats up. In Washington, Trump nominated pro-crypto Scott Bessent as Treasury Secretary. What does this mean for crypto policy? Plus, a surprising investor joins Trump’s World Liberty Financial raise—we’ll reveal who. And a major court victory for crypto privacy: judges ruled OFAC overstepped in the Tornado Cash case, declaring immutable smart contracts unsanctionable. Does this mean Tornado Cash is back? ------ TIMESTAMPS & RESOURCES 0:00 Intro 5:39 Markets x.com/DegenerateNews/status/1859978611606102494 x.com/JacobKinge/status/1859979524487909769 x.com/saylor/status/1861033309934862601 www.theblock.co/post/328025/microstrategy-4-per-cent-of-bitcoin-bernstein-price-target-600-usd x.com/Galois_Capital/status/1861299857975046261 farside.co.uk/?p=1518 imgur.com/pUSaAQ2 l2beat.com/scaling/tvl x.com/HHorsley/status/1860397442547790105 22:05 Pump.fun suspends livestream feature www.bloomberg.com/news/newsletters/2024-11-26/pump-fun-s-streams-show-the-dark-side-of-memecoin-trading x.com/crypto_bitlord7/status/1860989408092258441 x.com/_kaitoai/status/1860969504798302691 x.com/pumpdotfun/status/1861138234580869128 x.com/ChainLinkGod/status/1861091091585409400 x.com/moo9000/status/1860980423716659462 30:20 Base And Farcaster AI Agent meta heating up x.com/phantom/status/1861108202022318470 x.com/qiqileyuan/status/1861650662590947411 x.com/cryptotesters/status/1861216310631506364 x.com/jessepollak/status/1861434379270308195 x.com/dwr/status/1861595910498631928 x.com/TrustlessState/status/1861422824029647241 x.com/anoncast_ x.com/TrustlessState/status/1860806662962954526 warpcast.com/superanon/0x5c38e09ce41560f3a469946c8e08bcf463f31469 anoncast.org/anonfun x.com/ChazSchmidt/status/1861539655620919497 x.com/TrustlessState/status/1861041911542223294 warpcast.com/cherdougie/0x2c3ba9646bc37de213953294076b1250acf8635b x.com/search?q=%24blonde&src=cashtag_click x.com/ayyyeandy/status/1861683577722909062 www.coingecko.com/en/coins/aixbt-by-virtuals app.virtuals.io/ 44:06 Bankless disclosures www.bankless.com/disclosures x.com/iamdcinvestor/status/1861028893408317863 47:22 Big victory in Tornado Cash case as judge says OFAC exceeded authority x.com/BillHughesDC/status/1861545321450336342 x.com/valkenburgh/status/1861565828270846048 x.com/brian_armstrong/status/1861566807225532470 x.com/rstormsf/status/1861575644796330392 juicebox.money/@defend-roman-storm 54:17 US court struck down SEC broker-dealer rule x.com/BlockchainAssn/status/1859657449856463077 x.com/NateGeraci/status/1859678807600529892 truthsocial.com/@realDonaldTrump/posts/113529294640959784 x.com/jchervinsky/status/1861430542668886408 1:00:09 Trump Media files a trademark for “TruthFi” x.com/JoshGerben/status/1859689670986408392 1:01:26 Tron became the largest investor into World Liberty Finance x.com/justinsuntron/status/1861121947372773545 x.com/SplitCapital/status/1861794875668136104 x.com/Caitlyn_Jenner/status/1861123142439313714 1:05:53 Bankless has its biggest Black Friday offer ever! www.bankless.com/join 1:07:20 Top signals? x.com/HalieyWelchX/status/1861470493280206907 x.com/RyanSAdams/status/1861053012573057285 1:11:32 Closing & Disclaimers ------ Not financial or tax advice. See our investment disclosures here: www.bankless.com/disclosures⁠

AI agents are reshaping the crypto landscape, from gaming to decentralized venture capital. This week, we explore groundbreaking developments in Crypto AI, including breaking news out of Ai16z’s meteoric rise (and fall?), GOAT, AIxbt, Virtuals, Zerebro, and Base vs. Solana.

Ejaaz Ahamadeen joins us to break down the trends, drama, and future of autonomous agents in crypto.

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TIMESTAMPS & RESOURCES

0:00 Intro
4:35 GOAT
x.com/truth_terminal/status/1859749795855990817
21:07 Ai16z Drama
x.com/shawmakesmagic/status/1858807615914229936
x.com/ColinTCrypto/status/1859070457724428734
42:59 Project or Memecoins?
48:29 AIxbt
x.com/aixbt_agent
50:40 Virtuals & Zerebro
x.com/jyu_eth/status/1858768880916672971
x.com/virtuals_io/status/1858899700042395925
57:33 Framework Competition
59:15 Base vs. Solana
1:06:44 David/Ejaaz’s Focus Next?
1:10:01 Closing & Disclaimers

------
Not financial or tax advice. See our investment disclosures here:
www.bankless.com/disclosures⁠

Ethereum Foundation researcher Mike Neuder joins us at the Bankless Summit with a really bullish articulation of what ETH and Ethereum is in 2024.

Mike Neuder explains why ETH is permissionless, why ETH is money and therefore why ETH is permissionless money.

------
TIMESTAMPS

0:00 Intro
1:17 ETH is Permissionless
11:37 ETH is Money
26:50 The Full Picture
28:13 Questions

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RESOURCES

Mike Neuder
x.com/mikeneuder

Presentation Slides
docs.google.com/presentation/d/1X5YxaSbpjl1wUdi4HczfAN6aObumH82e

------
Not financial or tax advice. See our investment disclosures here:
www.bankless.com/disclosures⁠

Matt Cutler is the founder of Blocknative and the combination of a fantastic storyteller and a fantastic data analyst.

Blocknative is not his first company, It’s his fifth. Matt’s first company was an internet company that he started in the 90s well before the dot com boom and he founded a company in every major internet era since.

In today’s Bankless Summit talk, we hear from Matt’s experience and wisdom so we can learn how the rise of blockchain technology contrasts with the rise of the Internet and why we are here in the first place.

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TIMESTAMPS

0:00 Intro
2:43 Internet Early Days
9:29 The Rise of Blockchains
16:54 Why Are We Here?
21:26 Gas Network
24:58 Fix the World
26:50 Questions

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RESOURCES

Matt Cutler
x.com/mcutler


Presentation Slides
docs.google.com/presentation/d/1YvfS-akFgE_tOPr-lAalyeztMtP94L4r/edit#slide=id.p1

------
Not financial or tax advice. See our investment disclosures here:
www.bankless.com/disclosures⁠

Bitcoin soared to new all-time highs as MicroStrategy led massive BTC buys, and BlackRock's ETF options hit $1.9B volume. Meanwhile, a 13-year-old executed a rug pull, sparking chaos and meme token wars. On the regulatory front, SEC Chair Gary Gensler announced his resignation effective January 20, 2025, coinciding with President-elect Donald Trump's inauguration. Trump teased a "Crypto Czar," while 18 states sued the SEC. Binance launched BFUSD with 19.55% APY, challenging Coinbase’s USDC yield. Elsewhere, Solana reached new highs, McDonald’s partnered with Doodles, and Tether unveiled a tokenization platform. The crypto world remains as unpredictable as ever! ------ TIMESTAMPS & RESOURCES 0:00 Intro 0:31 Gen-z Quant x.com/DeeZe/status/1859110339251478754 x.com/RyanSAdams/status/1859225228045402203 6:52 It’s a week of Bitcoin buys! x.com/samcallah/status/1858507239897632909 x.com/saylor/status/1858496146026467378 x.com/EricBalchunas/status/1859278500399620528 www.prnewswire.com/news-releases/semler-scientific-announces-btc-and-atm-activity-raised-21-5-million-purchased-additional-215-btc-now-holds-1-273-btc-with-btc-yield-of-37-3-302308149.html ir.mara.com/news-events/press-releases/detail/1377/mara-holdings-inc-announces-proposed-private-offering-of-700-million-of-convertible-senior-notes x.com/Metaplanet_JP/status/1858352792647225371 x.com/BitcoinMagazine/status/1858535519354827251 x.com/bitcoinmagazine/status/1858874854402920902 x.com/JSeyff/status/1858991206476509659 x.com/EricBalchunas/status/1858994117617086840 20:49 Chillguy dexscreener.com/solana/93tjgwff5ac5thymi8c4wejvvqq4tumemuyw1leyz7bu x.com/nayibbukele/status/1859433926206325107 solscan.io/account/AySxUvESXdGTVT6G3psgzWahduxJx8bGkb4Ddip8sADx 23:02 Vitalik bought $50 of an AI memecoin on Farcaster x.com/Tyler_Did_It/status/1859420049427267912 26:54 Gary Gensler set to Resign x.com/BanklessHQ/status/1859659202618327276 x.com/BanklessHQ/status/1859664473025581561 x.com/KMSmithDC/status/1859339558342607023 x.com/RyanSAdams/status/1857123002921463862 www.sec.gov/newsroom/speeches-statements/gensler-remarks-pli-s-56th-annual-institute-securities-regulation-111424 www.washingtonpost.com/business/2024/11/11/trump-crypto-regulation-bitcoin/ 32:57 “Coincidently”, Trump met with Brian Amstrong this week x.com/News_Of_Alpha/status/1858606637201633705 x.com/nic__carter/status/1858922946116346273 34:23 Trump picked Howard Lutnick to lead the US Department of Commerce www.wsj.com/politics/trump-commerce-secretary-howard-lutnick-cabinet-77c86b81 x.com/TheFlowHorse/status/1858942817592103046 polymarket.com/event/who-will-trump-nominate-for-treasury-secretary x.com/twobitidiot/status/1859266763860394426 www.reuters.com/world/us/trump-team-weighs-creating-first-ever-white-house-crypto-role-bloomberg-news-2024-11-20/ x.com/News_Of_Alpha/status/1859661975745167378 cointelegraph.com/news/trump-mulls-crypto-friendly-cftc-chairs-report 39:44 Trump Media might be buying Bakkt! www.reuters.com/markets/deals/donald-trumps-social-media-group-talks-buy-bakkt-ft-reports-2024-11-18/ polymarket.com/event/will-trump-media-launch-a-crypto-exchange-in-2024 41:16 SEC is being sued in 18 US states x.com/kobeissiletter/status/1857151924061221190 42:54 DAO members might be held liable under partnership laws x.com/milesjennings/status/1858720755523219932 x.com/DennisonBertram/status/1859184992800186610 47:22 CEX STABLECOIN WARS: x.com/lopp/status/1858609316929974340 x.com/coinbasewallet/status/1859286084535906744 52:22 Doodles partnered with McDonald's for holiday-themed collectibles x.com/McDonalds/status/1857061165760741780 x.com/HuinGuillaume/status/1858538735375176159 53:22 Coinbase will delist Wrapped Bitcoin & Tether is launching a tokenization platform x.com/ercwl/status/1859136365083951123 x.com/hadron_tether/status/1857091170825891962 55:46 Bankless is looking for Video Editor or Producer! & Bankless Summit is now online x.com/BanklessHQ/status/1858857798471479777 x.com/BanklessHQ/status/1858741172404916622 bankless.cc/PodcastPremiumFeed 57:04 Meme of the Week x.com/alistairmilne/status/1858508814305153307 57:29 Closing & Disclaimers ------ Not financial or tax advice. See our investment disclosures here: www.bankless.com/disclosures⁠

Mteam explores why the future of Ethereum Rollups is inevitably based. Many people said this was the most impressive technical talk at the Bankless Summit. I don’t know what you were doing when you were 17 but I was certainly not doing anything like this.

------
TIMESTAMPS

0:00 Intro
1:54 History of Value Accrual
4:25 So What?
9:39 Ethereum Stats
14:33 Sustainable Value Accrual
16:08 Based Rollup Future
20:39 Questions

------
RESOURCES

Mteam
x.com/mteamisloading

Presentation Slides
docs.google.com/presentation/d/1XjpJSYqWu3SO0CydTfiIYYHddpvFOSz0/edit#slide=id.p1

------
Not financial or tax advice. See our investment disclosures here:
www.bankless.com/disclosures⁠

Arjun gives one of the best non-technical talks at the Bankless Summit that everyone in crypto needs to hear. Do you know why you’re here? Arjun explains the first principle concept of Crypto-Anarchism.

------
RESOURCES

Arjun Bhuptani
x.com/arjunbhuptani

Presentation Slides
docs.google.com/presentation/d/1rwqPdrljsFpZvGCxwEwkYpCAX7mFlGS4/edit?usp=sharing&ouid=118091317616904257032&rtpof=true&sd=true

------
Not financial or tax advice. See our investment disclosures here:
www.bankless.com/disclosures⁠

For the Bankless Summit’s inaugural episode, Justin Drake shares his reflection on the Beamchain talk he gave earlier in the week at Devcon Bangkok. Additionally, Justin adds some much needed context and important (and very bullish) facets to the Ethereum Roadmap from his perspective.

------
TIMESTAMPS

0:00 Intro
2:07 5-Year Ethereum Roadmap
5:02 Part 1 - Execution
12:59 Part 2 - Data
18:27 Part 3 - Consensus
25:52 Audience Questions
31:23 Closing

------
RESOURCES

Justin Drake
x.com/drakefjustin

Presentation Slides
docs.google.com/presentation/d/1Yvzh5q2jjlcW_g95s-7E4Gk5ZL-scM3l/edit#slide=id.p5

------
Not financial or tax advice. See our investment disclosures here:
www.bankless.com/disclosures⁠

Ryan and David were interviewed by Altcoin Daily on Oct. 1st, 2024. In their interview, they chat about what's next for Ethereum, their best Ether price prediction for 2025, and all of the other tokens and more!

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TIMESTAMPS

0:26 Intro
1:52 Background
8:04 Crypto Outlook for 2025
10:57 How High Will Bitcoin Go in 2025?
12:45 "Ethereum Is Incredibly Undervalued"
15:11 Why Ethereum L2's Are MASSIVE
18:00 When Will Ethereum Flip Bitcoin?
22:14 Ethereum Price Prediction 2025
26:37 What's The Next Ethereum of THIS Cycle?
29:44 The Memecoin Supercycle
31:23 Secret to Growing on Social Media
34:00 Thoughts on Cardano
37:30 Best Advice for Crypto Investors

------
RESOURCES

Altcoin Daily Interview
youtu.be/h4ifYPBLM24?si=JRAoS2WrlbV_UXBC

------
Not financial or tax advice. See our investment disclosures here:
www.bankless.com/disclosures⁠

Gary Gensler’s reign of terror is over. It’s ATH week. With a sweeping Republican win and Trump’s declaration of a ‘Golden Age of America,’ the U.S. election results have reshaped the crypto landscape overnight. Join us as we dive into the Polymarket effect on election night coverage, analyze the election’s impact on key crypto legislation, and explore the post-election market surge. We cover price action, pro-crypto shifts in Congress, and big players like Elon Musk and Michael Saylor making moves. Plus, is the DeFi Renaissance here? Tune in for an in-depth look at what this political shift means for the future of crypto. ------ TIMESTAMPS & RESOURCES 00:00 The New President polymarket.com/elections x.com/Reuters/status/1854093869664837997 www.perplexity.ai/elections/2024-11-05/us/senate 11:29 Polymarket’s Big Win x.com/llamaonthebrink/status/1854017757588705432?s=43&t=2ZINVXJQKx6xO_6Wiiu_2g x.com/shayne_coplan/status/1854045045806023002 x.com/Polymarket/status/1854248877798674529 17:26 Markets x.com/quintenfrancois/status/1853336478476050503?s=46&t=2ZINVXJQKx6xO_6Wiiu_2g imgur.com/J9TUNmR 24:04 ETF Updates x.com/matthew_sigel/status/1853463874772643926?s=46&t=2ZINVXJQKx6xO_6Wiiu_2g x.com/EricBalchunas/status/1854281747082477696 27:43 Post Election Winners www.coingecko.com/ 29:37 DeFi Renaissance unchainedcrypto.com/defi-tokens-jump-on-hopes-that-trump-will-provide-crypto-regulatory-clarity/ x.com/ethena_labs/status/1854295616907862150?s=46&t=bg7XEx0DtAdxgT9lGVWZ6w 34:48 Fed Watch www.cnn.com/business/live-news/fed-meeting-november-11-07-24/index.html 36:23 $42 Billion Dollar Bitcoin Bid? x.com/saylor/status/1851718391889043954 39:02 Global Dollar Network x.com/global_dollar/status/1853558740957405362 41:57 UBS Launches Fund on Ethereum www.ubs.com/global/en/media/display-page-ndp/en-20241101-first-tokenized-investment-fund.html 43:48 Base Fault Proofs x.com/base/status/1851672364439814529 x.com/l2beat/status/1853429669204230230 44:55 Roman Storm Trial Delayed www.coindesk.com/policy/2024/11/01/tornado-cash-developer-roman-storms-trial-pushed-to-april/ x.com/RyanSAdams/status/1853440809644802159 45:24 Devcon lu.ma/0bpju5ic 48:15 Permissionless IV x.com/Permissionless/status/1854542280301892074 x.com/BanklessHQ/status/1853426117157245208 ------ Not financial or tax advice. See our investment disclosures here: www.bankless.com/disclosures ⁠

Alex Thorn, Head of Research at Galaxy Digital, joins us to unpack the impact of last night’s sweeping Republican victory on the crypto landscape.
We dive into record-breaking price action, potential shifts in crypto legislation, and the role Polymarket played in election coverage. Tune in for insights on what lies ahead for crypto in this new political climate.

Alex on X - x.com/intangiblecoins

------
Not financial or tax advice. See our investment disclosures here:
www.bankless.com/disclosures⁠

Bankless Nation, we’ve got the hottest debate in crypto right now: Are L2s extensions of Ethereum?

On one side, we’ve got Kyle Samani and Max Resnick proposing that the current Ethereum Rollup-Centric Roadmap is off-track. On the other side we’ve got David Hoffman and Jill Gunter defending L2s as successful extensions of Ethereum.

------
TIMESTAMPS

0:00 Intro
5:24 Defending “Extensions of Ethereum”
13:03 Interoperability Standards
20:37 Are L2s Parasitic to Ethereum?
27:38 ETH Economics & Value Accrual
36:31 Solana vs Ethereum L2s
44:10 Closing Thoughts

------
RESOURCES

Kyle Samani
x.com/KyleSamani

Max Resnick
x.com/MaxResnick1

Jill Gunter
x.com/jillrgunter

------
Not financial or tax advice. See our investment disclosures here:
www.bankless.com/disclosures⁠

This week, a record-breaking billion-dollar crypto acquisition has caught mainstream attention, highlighting its significance for the stablecoin market’s future. Kraken joined the Layer 2 race, while Worldcoin launched its own L2, WorldChain, and Scroll’s airdrop received mixed reactions from recipients. Meanwhile, Paul Tudor Jones is bullish on crypto as a hedge, while Michael Saylor stirred controversy by criticizing self-custody, calling it a move for “losers.” ------ TIMESTAMPS & RESOURCES 00:00 Start 01:02 Markets pro.kraken.com/app/trade/btc-usd pro.kraken.com/app/trade/eth-usd x.com/DegenerateNews/status/1849120571222536262 www.coingecko.com/en/global-charts 05:01 L2 Updates l2beat.com/scaling/summary x.com/lukeyoungblood/status/1849217477668171831?s=46&t=2ZINVXJQKx6xO_6Wiiu_2g x.com/lukeyoungblood/status/1849217477668171831?s=46&t=2ZINVXJQKx6xO_6Wiiu_2g 06:48 Paul Tudor Jones Bullish Bitcoin x.com/WatcherGuru/status/1848735063615152136 09:25 Election Check In polymarket.com/elections x.com/Polymarket/status/1849451658788384797 11:38 Kraken’s New L2 x.com/inkonchain/status/1849443457883885801 inkonchain.com/en-US 15:35 Stripe’s $1 Billion Dollar Bet x.com/Stablecoin/status/1848390849215730100 x.com/zcabrams/status/1848391342524641533 x.com/benhoneill/status/1848390493425504388 x.com/cburniske/status/1848108613631390155 18:36 Michael Saylor Against Self Custody? x.com/AdamSimecka/status/1848131598044074289 x.com/Sina_21st/status/1848450657205789161 x.com/ErikVoorhees/status/1848754319019151873 x.com/VitalikButerin/status/1848876323026178429 x.com/ercwl/status/1848737997463695827 25:11 Balance on CEX’s x.com/leonwaidmann/status/1848780740969795917?s=46&t=2ZINVXJQKx6xO_6Wiiu_2g 27:21 Uniswap Integrated Across x.com/AcrossProtocol/status/1849106135443202069 x.com/danrobinson/status/1849142590131904650 x.com/TrustlessState/status/1849182167748022600 30:31 Scroll Airdrop scroll.io/blog/introducing-scrolls-first-airdrop-a-celebration-of-the-global-community claim.scroll.io/ x.com/Andrey_10gwei/status/1848441546645135672 x.com/redhairshanks86/status/1848653068554166339 33:55 Ethereum Blobs x.com/Data_Always/status/1848789160888332340 37:29 WorldCoin launches ‘World Chain’ L2 world.org/blog/announcements/world-chain-now-open-every-human 43:29 Central Bankers papers.ssrn.com/sol3/papers.cfm?abstract_id=4985877 www.minneapolisfed.org/research/working-papers/unique-implementation-of-permanent-primary-deficits 46:54 Buenos Aires Issues Decentralized ID’s zksync.mirror.xyz/kWRhD81C7il4YWGrkDplfhIZcmViisRe3lnsmbvOEmg 51:02 Nigeria Drops Charges www.bloomberg.com/news/articles/2024-10-23/nigerian-court-releases-binance-executive-jailed-since-february 57:44 Meme Of The Week  x.com/TrustlessState/status/1849206541255389459  ------ Not financial or tax advice. See our investment disclosures here: www.bankless.com/disclosures⁠ 

In this episode of Bankless Takes we dive into the growing sentiment that Ethereum is losing its edge, with its roadmap straying and competitors catching up. 
We’ve spent a long time evaluating these arguments, and today, we give our take on the Ethereum Roadmap Wars. This is our best take on how the debate unfolds and why in the end, we’re still bullish on Ethereum’s future.

------
TIMESTAMPS
00:00 Start
02:07 The Roadmap Wars
11:06 What Are The Wars Really About?
22:00 Roadmap Proposed Solutions
31:22 Why Are We Fighting Over DeFi
35:34 What Do We Do About It?
41:19 Where Will DeFi End Up?
46:43 What About $ETH The Asset?
50:02 The Bull Case For ETH

------
Not financial or tax advice. See our investment disclosures here:
www.bankless.com/disclosures ⁠

Omid Malekan, an adjunct professor at Columbia Business School and author of multiple books on crypto joins us. Omid shares his insights on the evolution of blockchain, the concept of digital scarcity, and the future of decentralized finance. Drawing from his experiences in both traditional finance, his teachings, and the crypto industry. Omid also discusses how blockchain offers a fundamentally new way to build trust and redefine property rights in the digital world and his best arguments for why ETH > SOL.

------
🎬 DEBRIEF | Ryan & David unpacking the episode:
www.bankless.com/debrief-omid-malekan

------
TIMESTAMPS

0:00 Intro
3:22 Omid Malekan’s Crypto Background
7:00 Transitioning from TradFi to Crypto
12:21 Explaining Blockchain to Crypto Newcomers
18:41 The Fear in Crypto Transactions
22:23 Blockchain as a New Financial Architecture
25:37 What New Crypto Users Get Wrong
29:36 Not All Blockchains Are Equal
32:49 Understanding Decentralization and Security
39:19 Lessons from Traditional Finance
44:06 Modular Design in Blockchain Systems
46:51 Counterexamples in Blockchain Systems
57:30 Envisioning Crypto's Endgame
1:00:09 Evaluating Ethereum's Current Direction
1:16:24 Opportunities for High-Quality Liquid Assets
1:19:34 Ether as the Money of the Internet
1:32:51 Settlement Assurances & the Future of Ether
1:40:03 Crypto Cycles and Future Gains
1:41:25 Own Podcast?
1:42:18 Closing & Disclaimers

------
RESOURCES

Omid Malekan
x.com/malekanoms

Omid's Books
www.amazon.com/Re-Architecting-Trust-History-Markets-Platforms/dp/1732027331
www.amazon.com/Story-Blockchain-Beginners-Technology-Understands/dp/1732027307

------
Not financial or tax advice. See our investment disclosures here:
www.bankless.com/disclosures⁠

Get ready to MINT the Match! 🔥

Step into the ring and claim your piece of Bankless history with this epic, 8-bit animated showdown – Hoffman VS Warwick at Permissionless III! A clash for the ages, now yours to own!

This Weekly Rollup was recorded IRL at Permissionless III. We discuss HBO revealing the identity of Bitcoin’s creator, Uniswap’s Unichain announcement, the new FBI token and David Hoffman vs. Kain Warwick upcoming fight. ------ TIMESTAMPS & RESOURCES 0:00 Intro 1:48 Markets 3:59 US Economy www.cnbc.com/2024/10/04/september-2024-us-jobs-report.html www.noahpinion.blog/p/let-us-pause-to-appreciate-the-remarkable 9:32 Uniswap Announces Unichain x.com/Uniswap/status/1844363396382408774 x.com/TaikiMaeda2/status/1844363706798571828 x.com/0xCygaar/status/1844377718479257864 x.com/haydenzadams/status/1844363698485198899 x.com/delitzer/status/1844364429389070699 x.com/VitalikButerin/status/1575772104678510592 x.com/danrobinson/status/1844407479528194262 x.com/haydenzadams/status/1844411400523067599 x.com/Fwiz/status/1844375503601594594 x.com/gluk64/status/1844388796290183302 youtu.be/0g8Pc-jytkc?si=ibjntDmkIXN0uDBR 26:59 HBO Reveals Satoshi Identity? x.com/crypto_div/status/1843838385913258387 x.com/MarcHochstein/status/1843768871318372562 x.com/peterktodd/status/1843957196830441766 polymarket.com/event/who-will-hbo-doc-identify-as-satoshi x.com/ki_young_ju/status/1843872372627255541 x.com/HalieyWelchX/status/1844038238408990871 33:27 FBI Coin www.reuters.com/legal/us-charges-18-people-companies-cryptocurrency-fraud-2024-10-09/ x.com/esatoshiclub/status/1844095224907432441 x.com/tier10k/status/1844106925149126887 x.com/loomdart/status/1844108582511575289 polymarket.com/event/ansem-criminal-charges-in-2024?tid=1728573367331 x.com/zachxbt/status/1843940648430493906 40:03 Crypto.com SEC Wells Notice crypto.com/company-news/complaint www.foxbusiness.com/media/sec-commissioner-confesses-crypto-approach-has-fueled-disaster-whole-industry?src=wgna x.com/lex_node/status/1843651871522861187 www.politico.com/newsletters/morning-money 44:10 New EIP-7781 x.com/0xcygaar/status/1842985189124997362?s=46&t=2ZINVXJQKx6xO_6Wiiu_2g github.com/ethereum/EIPs/pull/8931#issuecomment-2395026393 x.com/VitalikButerin/status/1841756178692358587 47:33 IMF vs Bitcoin x.com/samcallah/status/1842193389569143027 49:23 World Liberty Financial New Details thedefiant.io/news/defi/trumps-world-liberty-financial-proposes-aave-deployment-on-ethereum www.theblock.co/post/320430/trump-world-financial-liberty-raise 52:48 Permissionless III x.com/Ethereum_Women/status/1844051472335671694 x.com/Jesseeckel/status/1844196686484341067 x.com/benlakoff/status/1844394966925324694 56:58 David Hoffman vs Kain Warwick polymarket.com/event/hoffman-vs-warwick?tid=1728578327494 x.com/TrustlessState/status/1844388312771068402 59:56 Moment of Zen ------ Not financial or tax advice. See our investment disclosures here: www.bankless.com/disclosures⁠

Unichain Is Here! Joining us today is Hayden Adams of Uniswap and Karl Floersch of Optimism to explain the exciting new release and vision for the future of Ethereum and appchains.

------
TIMESTAMPS
00:00 Start
03:13 Announcing Unichain!
09:13 How Will Unichain Work?
14:43 Superchain And Interoperability
17:01 Superchain Enhancements
23:35 Unichain User Experience
28:06 What About Other Superchains?
36:12 Unfragmenting The Fragmentation
39:15 Coordinating All Of Ethereum
44:24 UNI Token
48:04 Should DeFi Live On L1?
53:14 What Success Looks Like
56:31 The Path To Superchain
58:35 Release Dates

------
RESOURCES
Unichain: unichain.org/ 

Hayden: x.com/haydenzadams 

Karl: x.com/karl_dot_tech 

------
Not financial or tax advice. See our investment disclosures here:
www.bankless.com/disclosures⁠ 

Is the Ethereum’s Rollup centric roadmap a Queen Sacrifice blunder? That’s the core question the industry is asking and Bankless has aired some of these dissents.

Today’s episode voices a counter to the doubters. Mike Neuder is an Ethereum developer and previous Bankless guest. He thinks the Ethereum roadmap is pretty great as is, it’s right on track, in fact, his message is to stay the course, play the long game, and watch ETH grow in value as a monetary asset as the Ethereum economy grows across L2s.

------
TIMESTAMPS

0:00 Intro
3:28 Why is the ETH Roadmap Great
9:59 Ethereum’s North Star
14:34 Property Rights
25:36 Rollups
30:41 Rollup Stages
43:37 Data Availability
1:02:24 Value Accrual for ETH
1:11:32 ETH as Money
1:17:35 Closing Thoughts

------
RESOURCES

Mike Neuder
x.com/mikeneuder

Mike Neuther Thesis
hackmd.io/@mikeneuder/ethesis

Max Resnick Pod
www.youtube.com/watch?v=FLUJ0uLye0U

Kyle Samani Pod
www.youtube.com/watch?v=7CMMLdVrtFE

------
Not financial or tax advice. See our investment disclosures here:
www.bankless.com/disclosures⁠

The Fed just cut rates by 50 basis points for the first time since the pandemic, how is the market reacting, should we be excited? Trump revealed new details about World Liberty Financial. We’ll break down why they’re building it, who’s involved, and what’s going on with the token. We also have a Tale of Two Chains: Bitcoiners watching Trump buy a burger with Bitcoin in NYC, while Ethereans premiere an Ethereum documentary down the street. ------ TIMESTAMPS & RESOURCES 00:00 Start 02:36 Markets x.com/ledgerstatus/status/1835473538028814667 06:09 RSA Finally Cracks x.com/RyanSAdams/status/1836779556998459436 08:44 Total MKT Cap www.coingecko.com/en/global-charts 08:58 L2 Update www.growthepie.xyz/fundamentals/transaction-count 11:25 Fed Rate Cuts x.com/SpecialSitsNews/status/1835699786785136703 www.cnbc.com/2024/09/18/fed-cuts-rates-september-2024-.html 16:46 Cut Reactions x.com/TimDuy/status/1836154346045870391 x.com/coinbase/status/1836470341063053572 x.com/RyanSAdams/status/1836795960321585388 www.coindesk.com/business/2024/09/18/arthur-hayes-if-they-go-50-that-will-be-a-nuclear-catastrophe-for-financial-markets/ x.com/intocryptoverse/status/1836471892674302430?s=46&t=2ZINVXJQKx6xO_6Wiiu_2g x.com/Jamie1Coutts/status/1836192104722370930 www.tradingview.com/chart/1RYLG2gC/?symbol=NASDAQ%3AQQQ youtu.be/b6O-lHr-D0s?si=7uiJPAxPibmCTLsz 23:08 Trump’s Liberty Financial x.com/EricTrump/status/1834322630721122521 x.com/worldlibertyfi/status/1835748701534404945 x.com/alexandergrieve/status/1836006655223275904 28:11 Takes On The Project x.com/iamDCinvestor/status/1836006290125987860 x.com/worldlibertyfi/status/1835300402163503260?s=46&t=dmRhP54bJmHi0Ppb8BT30Q 30:47 Trump Pays With Bitcoin x.com/WatcherGuru/status/1836510214482284545 x.com/crypto_condom/status/1836512092503077146 32:44 Vitalik Film Premiere ethereumfilm.xyz/streaming x.com/EthereumFilm/status/1828192695095042429 x.com/TrustlessState/status/1836737714223210638 x.com/dimabuterin/status/1836701356565922006 x.com/ViktorBunin/status/1836556640734085478 x.com/jessepollak/status/1836607456497275028 x.com/jessepollak/status/1836607456497275028 x.com/EthereumFilm/status/1835973354995499061 37:41 SEC Sues Rari? www.sec.gov/newsroom/press-releases/2024-138 x.com/dcfgod/status/1836488126744924299 39:08 The Flyfish Case www.sec.gov/files/litigation/admin/2024/33-11305.pdf x.com/HesterPeirce/status/1835757603860681141 x.com/FinancialCmte/status/1836124400695021654 x.com/RepFrenchHill/status/1836420981310542092?t=KbWMCpEacfkVWgSADJSgQg&s=19 44:29 Token 2049 x.com/justinsuntron/status/1836330985706918253 unchainedcrypto.com/buterin-at-token2049-were-not-early-to-crypto-but-were-early-to-crypto-being-usable/ 47:24 New Zora App x.com/RyanSAdams/status/1836399083482742814 50:07 New Fastest Rollup x.com/atlasxyz/status/1833880969251524973 51:27 Permissionless Party lu.ma/yj5pdeqe Bankless listeners - 10% off tickets with BANKLESS10 Bankless citizens - 30% off tickets with link: bankless.cc/PermissionlessDiscount 53:14 Moment Of Zen www.youtube.com/watch?v=71DtEk1cFdg ------ Not financial or tax advice. See our investment disclosures here: www.bankless.com/disclosures⁠

Steven Goldfeder is back on the podcast today to discuss Arbitrum’s and all Ethereum L2 FUD.

Is a win for Arbitrum also a win for Ethereum, or is Arbitrum competing for users and liquidity? Steven addresses governance concerns and discusses the decentralization of Arbitrum’s Sequencer.

In the second half of the show, we get into the latest developments in the Arbitrum ecosystem, including Stylus, Bold, Orbit, and Timeboost.

------
TIMESTAMPS

0:00 Intro
1:29 L1 vs. L2 Relationship
8:13 Use Cases of the L1 vs. L2s
16:24 Fastest Blockchain
17:33 Decentralization Priority
22:43 Sequencer Debate
30:34 Arbitrum x Espresso
34:02 Optimistic Rollups Capturing Ethereum Governance?
37:58 What Does Arbitrum Want From the L1
41:20 Increasing Block Times?
45:17 Arbitrum Ecosystem
48:21 How Does Stylus Work?
53:22 Web2 Devs Now Web3 Devs
59:02 Arbitrum’s Next 10x
1:04:17 Closing & Disclaimers

------
RESOURCES

Steven Goldfeder
x.com/sgoldfed

------
Not financial or tax advice. See our investment disclosures here:
www.bankless.com/disclosures ⁠

That’s right, Bankless Nation, BlackRock on the podcast today.

BlackRock is the world’s largest asset manager, a company that manages over $10 trillion dollars in assets around the world, to put it in perspective, that’s 5 times the crypto market cap. Let’s just say what they do has ripple effects in global markets.

But here at Bankless we wanted to figure out what they’re doing in crypto. That’s why we brought Robbie Mitchnick, BlackRock’s Head of Digital Assets.

We explore Crypto narratives in TradFi, how they measure the risk profile of Crypto, their plans for the future of ETFs, Tokenization and even DeFi.

------
TIMESTAMPS

0:00 Intro
2:49 What is BlackRock?
4:36 BlackRock’s Crypto Arc
11:54 Digital Assets Team
14:14 BlackRock Bitcoin ETF
17:46 Investor Education
20:01 Narratives
22:11 Risk Management
31:17 Regulatory Environment
34:18 The Future of ETFs
38:21 Tokenization
46:50 What Needs to be Built
50:16 The State of DeFi
52:53 BlackRock’s Crypto Mission
56:34 Closing & Disclaimers

------
RESOURCES

Robbie
x.com/robbiemitchnick

Blackrock
x.com/BlackRock

------
Not financial or tax advice. See our investment disclosures here:
www.bankless.com/disclosures⁠

This week in crypto, the Trump vs. Harris debate sparked chatter, but did the markets react? DeFi had its first U.S. congressional hearing—how’d it go? Friend.tech burned its keys—abandoning for good? ENS integrated with PayPal and Venmo, while Coinbase launched cbBTC, and Sony might release a stablecoin. Plus, did we see “war mode” Vitalik this week? ------ TIMESTAMPS & RESOURCES 0:00 Intro 5:21 Markets farside.co.uk/?p=1518 x.com/biancoresearch/status/1832806811088638440 x.com/matt_hougan/status/1833149076722081906 www.cbsnews.com/news/inflation-cpi-fed-readies-to-cut-rates-next-week/ www.tradingview.c om/symbols/FRED-WALCL/ x.com/sonyasunkim/status/1832114732326957274 15:18 House lawmakers ended up divided in 1st Congressional DeFi hearing financialservices.house.gov/news/documentsingle.aspx?DocumentID=409354 x.com/fund_defi/status/1833556632027955694 x.com/coinage_media/status/1833593592373243915 x.com/NeerajKA/status/1833530974212387228 x.com/rohangrey/status/1833543531228762323 x.com/jchervinsky/status/1833557017023459526 24:45 The Debate - they didn’t mention crypto! x.com/CNN/status/1833703753179857334 x.com/erikvoorhees/status/1833705605045051850 polymarket.com/event/who-will-win-the-debate-according-to-polls polymarket.com/event/presidential-election-winner-2024?tid=1726028429396 x.com/shayne_coplan/status/1833127734844789106 x.com/Polymarket/status/1833679653191512442 www.theblock.co/post/315808/presidential-debate-risk-off-crypto x.com/MikeIppolito_/status/1833874331539034448 32:43 War mode vitalik? If its not stage 2, its not a rollup x.com/vitalikbuterin/status/1834061075970683367 34:55 zkSync Stage 1? & New CMO? blog.zknation.io/zksync-governance-system/ x.com/the_matter_labs/status/1833894141052494218 38:35 Sony Stable Yen x.com/delzennejc/status/1833243834563650038 39:15 Friend.Tech team renounces control of smart contracts x.com/friendtech/status/1832581118165709140 x.com/functi0nZer0/status/1833178200685318213 x.com/MacroMate8/status/1833393620407488542 x.com/friendtech/status/1833259362711986335 43:00 EigenLayer announced Season 2 Stakedrop! blog.eigenfoundation.org/season-2-stakedrop/ 44:49 ENS was integrated with PayPal and Venmo! x.com/ensdomains/status/1833536140529570039 x.com/brantlymillegan/status/1833568986547818820? 46:10 Coinbase Bitcoin - cbBTC released! x.com/coinbase/status/1834208544247144949 x.com/jessepollak/status/1833603913888764064?s=46&t=2ZINVXJQKx6xO_6Wiiu_2gb 50:58 David Fighting at Permissionless 53:55 Closing & Disclaimers ------ Not financial or tax advice. See our investment disclosures here: www.bankless.com/disclosures⁠

Today on a special in-person recording of Bankless we welcome special guest and best selling author, Yuval Noah Harari. Yuval is best known for his book Sapiens, and today, he is introducing ideas from his next book Nexus. 

We go deep down the history rabbit hole and explore the question, if human beings are so wise, why are we so self destructive?

------
TIMESTAMPS
00:00:00 Start
00:06:11 The World of Information Networks
00:09:03 Truth vs Information
00:19:33 Tribal Consequences
00:23:09 Naive View Of Information
00:32:31 Populist View Of Information
00:42:58 Inventing New Mechanisms
00:51:37 A Brief History Of Information Networks
00:56:47 The Most Successful Story Ever Told
01:00:57 Story vs Information Network
01:08:13 Story Of Debt Clay Tablets
01:10:37 Entering the Age Of AI
01:16:35 Self Correcting Mechanisms
01:21:19 The Potential Of Crypto

------
RESOURCES

Yuval: www.ynharari.com/ 

------
Not financial or tax advice. See our investment disclosures here:
www.bankless.com/disclosures⁠

When is this all going to reverse?

That’s the question we asked Benjamin Cowen, YouTuber, Founder of Into The CryptoVerse and famous chart maximalist who does some fantastic technical analysis.

The main goal of this pod is to understand if we're currently going through Ethereum’s bottom but we also cover:


Are crypto 4 year cycles dead?
What’s next for ETH/BTC?
How’s Ben positioning his portfolio for what’s coming?

Except to learn that and much more.

------
TIMESTAMPS

0:00 Intro
2:30 Where Are We?
4:40 4 Year Cycles
19:48 ETH/BTC Ratio
26:24 ETH Price Analysis
34:51 Blue Chips vs Altcoins
50:52 ETH/BTC Final Equilibrium
56:31 Idiosyncratic Events
1:08:54 The Flippening
1:11:43 The Bull Market
1:16:19 2026
1:20:21 Presidential Election
1:22:51 Ben’s Portfolio
1:27:28 Closing Thoughts

------
RESOURCES

Into The CryptoVerse - Get 10% Off
intothecryptoverse.com/ref/bankless/

Ben Cowen
x.com/intocryptoverse

Ben Cowen on YouTube
www.youtube.com/channel/UCRvqjQPSeaWn-uEx-w0XOIg

------
Not financial or tax advice. See our investment disclosures here:
www.bankless.com/disclosures⁠

Why does Bitcoin sucks and is inferior to Gold?

Peter Schiff is a financial commentator and economist that is relentlessly bullish on gold and a famous skeptic of bitcoin and cryptocurrencies.

He covers a ton of ground in this podcast, from what money really is, why gold can't be disrupted as the ultimate store of value, why we should abolish the Federal Reserve and principles to grow your wealth.

------
TIMESTAMPS

0:00 Intro
4:19 What is Money?
12:16 Why is Gold the Apex Money?
25:10 Gold vs. Bitcoin Custody
33:38 Gold in The Internet Age
40:19 Gold as a Productive Asset
46:41 Gold vs. Bitcoin Demographics
49:27 Can Gold be Disrupted?
1:00:09 Should we Abolish The Federal Reserve?
1:09:21 Is the Stock Market Overpriced?
1:15:58 Principles to Grow Wealth
1:21:19 Steelmanning Crypto
1:32:05 Closing & Disclaimers

------
RESOURCES

Peter Schiff
x.com/PeterSchiff

Peter Schiff Youtube
www.youtube.com/@peterschiff

SchiffGold
www.schiffgold.com/

------
Not financial or tax advice. See our investment disclosures here:
www.bankless.com/disclosures⁠

Is the Ethereum roadmap… off track? Have we lost the plot? Are L2s running interference, intercepting all the users, transactions, and value from reaching the L1? And if all of this is real, and not just FUD, what should we do about it?

We have Max Resnick on the show today, he's an Ethereum researcher working at Special Mechanism Group and he’s got some opinions that are contrary to what is typically found out of the Ethereum Rollup-Centric Roadmap.

Max explains why Ethereum is breaking down on its vision for bringing the world onto decentralized, censorship resistant, permissionless blockchains, and suggests possible alternative directions.

------
TIMESTAMPS

0:00 Intro
2:22 Max’s Contrarian Take
9:34 The State of Rollups
15:14 Are L2s Extensions of Ethereum?
25:06 What Needs to Change
40:26 Based Rollups
45:58 The Holy Grail Blockchain
54:54 Scaling the L1
1:01:21 Max’s Incentives
1:05:46 Why Not Solana?
1:09:58 Navigating ETH’s Roadmap
1:13:58 ETH: The Asset
1:18:07 Value Capture
1:19:50 Call to Action
1:22:35 Closing & Disclaimers

------
RESOURCES

Max Resnick
x.com/MaxResnick1

Max Resnick Holy Grail Blockchain Tweet
x.com/MaxResnick1/status/1826630256008331301

------
Not financial or tax advice. See our investment disclosures here:
www.bankless.com/disclosures⁠

U.S. Senator Cynthia Lummis is a leading Bitcoin advocate in Congress who recently introduced her proposal, "the Bitcoin Act," which seeks to create a strategic Bitcoin reserve for the United States of America. In today's episode, we explore how the bill could address the $35 trillion debt, the conversion of gold certificates to Bitcoin, and its economic implications.

------
TIMESTAMPS

0:00 Intro
6:40 The Bitcoin Act
10:01 Gold to Digital Gold
15:01 U.S. Strategic Reserves
18:00 U.S. Discretion in Selling Forfeited Bitcoin
20:44 Is Bitcoin Ready for Federal Reserve Backing?
23:24 Bitcoin Adoption to Tackle U.S. Debt
28:17 Bitcoin's Potential Impact
33:15 Being First in Bitcoin Strategic Reserves
39:22 Pros vs. Cons of Bitcoin Strategic Reserves
49:08 Bipartisan Prospects and Democratic Silence
53:52 Conservative Support vs. Liberal Adoption
56:30 Trump vs. Harris on Crypto Legislation

------
RESOURCES

Senator Cynthia Lummis
x.com/SenLummis

The Bitcoin Act
www.lummis.senate.gov/press-releases/lummis-introduces-strategic-bitcoin-reserve-legislation/
www.lummis.senate.gov/wp-content/uploads/BITCOIN-Act-FINAL.pdf

------
Not financial or tax advice. See our investment disclosures here:
www.bankless.com/disclosures ⁠

It’s been a while since former Speaker of the House Paul Ryan was in the public spotlight, but in this episode, we discover his surprising stance: he’s bullish on crypto! In fact, he believes that crypto could be crucial in staving off a U.S. debt crisis. We dive deep into his core argument and explore a range of related topics, such as:
America’s debt crisis
The potential loss of the U.S. reserve currency status
How crypto could help the U.S. stay ahead of China
Why the left is anti-crypto
Crypto under a Trump vs. Kamala’s administration

This episode highlights how crypto is becoming an essential issue in Washington. Tune in for a comprehensive look at crypto’s growing influence on U.S. politics and beyond.

------
TIMESTAMPS

0:00 Intro
2:24 Why Politics Are Messier
4:49 Being Speaker of the House
8:40 Paul’s WSJ Stablecoin Op-Ed
13:59 Paul’s Intro to Crypto
16:06 U.S. Debt Crisis
23:18 Losing Reserve Currency
25:42 CBDCs vs. Stablecoins
33:02 KYC Stablecoins & Legislation
38:23 Anti-Crypto Army
41:12 Is the Left Anti-Crypto?
45:59 Right vs. Left Crypto Adoption
50:46 Kamala vs. Trump
53:45Advice to Bankless Listeners
56:15 Closing & Disclaimers

------
RESOURCES

Paul Ryan
x.com/speakerryan

WSJ Article
www.wsj.com/articles/stablecoins-could-stave-off-a-us-debt-crisis-china-digital-currency-c491d717

------
Not financial or tax advice. See our investment disclosures here:
www.bankless.com/disclosures ⁠

Today we're talking EVM, specifically how Mega ETH and Monad are planning to make Ethereum SUPER fast.

We answer:
1 - Which is faster, more decentralized, and more censorship-resistant?
2 - How did Monad and MegaETH build large communities before even launching a testnet, let alone a mainnet?
3 - What are their thoughts on criticism that building with the EVM is like building on quicksand? Could this eat at Solana's value proposition?

------
TIMESTAMPS

00:00:00 Start
00:02:51 Intro To Monad
00:08:50 How Does Monad Fit Into Ethereum?
00:11:11 What is Mega ETH?
00:15:34 Similarites and Differences
00:18:42 Architectual Impact
00:26:01 Decentralization - Monad
00:31:59 Decentralization - Mega
00:36:47 Who's More Decentralized?
00:43:47 In Summary
00:51:44 Software Effeciency
01:01:10 Monolithic vs Modular
01:09:32 Community
01:22:58 Why Choose The EVM?
01:27:28 When Mainnet?

------
RESOURCES

Lei Yang: x.com/yangl1996

Keone Hon: x.com/keoneHD

------
Not financial or tax advice. See our investment disclosures here:
www.bankless.com/disclosures⁠

SOL/ETH is up 300% YoY and ETH/BTC is down 50% over the last 2 years. Why is that? Why is ETH underperforming so bad?

Kyle Samani is the Managing Partner & Co-Founder at Multicoin Capital. Kyle and Multicoin have been one of the largest investors and proponents of Solana. They have been spearheading the ‘integrated blockchain’ investment theses even before the success of Solana redefined that corner of crypto.

This episode is not intended to be a debate like the Anatoly vs Justin Drake one. Ryan and David are mostly going to sit back and hear Kyle’s perspective and reasoning as to why ETH has been down so bad in this crypto cycle. Enjoy!

------
TIMESTAMPS

0:00 Intro
2:58 Ethereum in a Vacuum
7:28 ETH Vs. BTC
23:07 Broken Layer2 Interoperability
32:04 Value Capture
46:37 What Needs to Change
50:14 Decentralization
1:01:25 Solana
1:07:16 Steelmanning Ethereum
1:12:40 Closing & Disclaimers

------
RESOURCES

Kyle Samani
x.com/KyleSamani

Multicoin Capital
multicoin.capital/

Paths To Tens Of Trillions Blog Post
www.linkedin.com/pulse/paths-tens-trillions-kyle-samani/

------
Not financial or tax advice. See our investment disclosures here:
www.bankless.com/disclosures⁠

In this episode, Ryan is joined by Louis-Vincent Gave, a macro analyst with 7 bold investment ideas to help you navigate the chaos.

From avoiding the bond market’s pitfalls to rethinking the 60/40 strategy and why Asia is the future, Louis' ideas are thought-provoking and actionable. Whether you’re worried about a recession or curious about crypto, these ideas will give you new insights into where to put your money. This and all Bankless content is never financial advice.

------
TIMESTAMPS

0:00 Intro
1:38 Louis Intro
2:00 Louis Book & Theme
3:03 Current Decade Uncertain?
6:45 Crisis In Asia - 3 Anomalies
12:15 Bear Market: Crypto vs. Equity
19:14 Bond Investors Losing Money
23:20 Who’s Buying Bonds?
26:15 Pension Funds & Math
30:40 Current Safe Investments?
35:07 Current Ideal Portfolio
45:00 Equity US vs. Others
48:38 Ryan’s Countertakes
49:50 Louis on U.S. Property Rights
51:55 Louis on U.S. Tech
55:20 U.S. vs. China
59:12 Non-U.S. Equity
1:01:11 Value Over Growth
1:05:42 What’s Warren Waiting For?
1:07:45 Home Bias & Base Case
1:13:25 Dollar Devaluing
1:18:44 Louis on Crypto
1:21:49 Bitcoin vs. Gold
1:22:57 Louis’s Dad & Crypto
1:24:05 Closing & Disclosures

------
RESOURCES

Louis
x.com/gave_vincent
web.gavekal.com/
evergreengavekal.com/

------
Not financial or tax advice. See our investment disclosures here:
www.bankless.com/disclosures ⁠

How in the world did Trump pivot to Pro-Crypto?


David Bailey is the CEO and Cofounder of Bitcoin Media, which you might also know as Bitcoin Magazine He has just finished throwing the Bitcoin 2024 Conference, he’s been in Bitcoin since it’s inception and he’s now at the forefront of the world of politics where Bitcoin has been meaningfully intersecting with the Trump Administration.

We talk mostly about Trump and his crypto policies. We then contrast it with Kamala Harris and the Democrats. And we finish with why David is so bullish on Bitcoin and why he has fallen in love with the idea of Bitcoin.

------
TIMESTAMPS

0:00 Intro
2:58 Bitcoin 2024
6:50 Donald Trump
27:49 Trump’s Crypto Policies
41:25 Kamala Harris
48:07 Trump vs Kamala
54:57 The Bitcoin Idea
59:55 Closing & Disclaimers

------
RESOURCES

David Bailey
x.com/DavidFBailey

Bitcoin Media
b.tc/

------
Not financial or tax advice. See our investment disclosures here:
www.bankless.com/disclosures⁠

Has the Bull Market even started yet? And if it hasn't, what does that mean for prices looking forward?

We're thrilled to be joined by Ledger who walks us through some charts and describes where he thinks we're headed. 

-----
TIMESTAMPS

00:00 Start
05:37 BTC Dominance
11:04 Market Vibe Check
16:11 Price Discovery?
23:57 ETH BTC Ratio
30:28 Narrative Winds
40:24 Relative Weakness
46:01 Trading Strategy
48:54 DeFi Summer Breakout
52:43 Looking Forward

------
RESOURCES

Ledger: x.com/ledgerstatus 

------
Not financial or tax advice. See our investment disclosures here:
www.bankless.com/disclosures⁠

This week in crypto, speculation swirled around a potential Kamala Harris pivot to crypto—could it be too late? Polymarket gives her a 10% chance against Trump. Jeremy Allaire hinted at Tap to Pay with USDC on iPhones—coming soon? BitGo’s wrapped Bitcoin drama might open doors for Coinbase. Optimism revealed plans to address fragmentation, while Eric Trump dives into digital real estate. Plus, the list of crypto's political prisoners grows—how can we support them? ------ TIMESTAMPS & RESOURCES 0:00 Intro 1:26 Argentina x.com/TrustlessState/status/1823437363898392792 x.com/smpalladino/status/1823476661473698063 x.com/TrustlessState/status/1823401536145514959 6:25 Markets dune.com/hildobby/btc-etfs dune.com/hildobby/eth-etfs farside.;0co.uk/?p=1518 x.com/sassal0x/status/1823265107310219469 apnews.com/article/inflation-prices-interest-rates-economy-federal-reserve-f8de2672173407d3a126cc13493fed85 x.com/kellyjgreer/status/1823871991490675137 13:55 Memecoin Metrics x.com/Adam_Tehc/status/1822411899843047651 x.com/TrustlessState/status/1822649650706563180 x.com/econoar/status/1822652061353468169 x.com/cobie/status/1822685974822027770 19:50 Can Crypto Get Kamala to Pivot? x.com/Polymarket/status/1823801428416270455 polymarket.com/elections www.theblock.co/post/310344/crypto-executives-meet-white-house-officials-to-discuss-policy-grievances-during-virtual-roundtable www.foxbusiness.com/politics/crypto-executives-clash-democratic-leaders-heated-zoom-meeting x.com/nic__carter/status/1821710798911054029 x.com/RoKhanna/status/1823109754706682135 www.coindesk.com/policy/2024/08/15/us-crypto-bill-can-happen-this-year-senates-schumer-tells-crypto-backers-of-harris/ x.com/jbrukh/status/1823904565101580776 31:57 Is it too late for Dem to win crypto votes? x.com/Crypto4Harris www.standwithcrypto.org/politicians/person/tim---walz www.binance.com/en/square/post/11669100139586 home.treasury.gov/about/general-information/officials/Wally-Adeyemo x.com/intangiblecoins/status/1823338614618550382 x.com/nic__carter/status/1823343463464677558 x.com/CampbellJAustin/status/1823362155984388226 43:05 Does crypto votes even matter to Dems? x.com/RyanSAdams/status/1823338739910758898 policy.paradigm.xyz/writing/Dem-polling x.com/RadarHits/status/1823051375174967378 x.com/mikulaja/status/1821563686495862905 x.com/nic__carter/status/1821567272432836943 49:57 Ethereum L2 Updates x.com/cronos_chain/status/1823966639622324468 x.com/nebrazkp/status/1824098013880443013 54:08 Wrapped Bitcoin Drama forum.makerdao.com/t/wbtc-changes-and-risk-mitigation-10-august-2024/24844/4 x.com/mikebelshe/status/1822318651996877224 x.com/justinsuntron/status/1822370692014485937 x.com/coinbase/status/1823501582006411614 x.com/jessepollak/status/1823515062658830681 58:07 Superchain will become one chain! x.com/Optimism/status/1823073114366050695 1:01:02 Eric Trump reveals "Trump Project" focuses on digital real estate nypost.com/2024/08/14/us-news/eric-trump-previews-major-trump-org-move-into-crypto-as-he-charts-the-family-companys-future/ 1:02:42 $USDC is integrating with Tap-to-pay on iPhones! x.com/jerallaire/status/1823772497969602981 x.com/jerallaire/status/1823822639036604914?s=46 1:05:13 MEME of the Week imgur.com/2Wgxr1P 1:06:38 Moment of Burden (Anti-Zen): x.com/RyanSAdams/status/1823788207336526153 x.com/RyanSAdams/status/1823418719634141594 x.com/alex_pertsev/status/1822184616620339397 1:08:51 Closing & Disclaimers ------ Not financial or tax advice. See our investment disclosures here: www.bankless.com/disclosures ⁠

Nate Silver is a statistician, writer, and political analyst, widely recognized for his accurate predictions of U.S. presidential elections. He's now released an exceptional new book titled, "On the Edge: The Art of Risking Everything." The book delves into the world of risk, game theory, cryptocurrency, artificial intelligence, and poker—fields where the stakes are high and the outcomes uncertain. One of the central themes of the book is crypto, which is why we were thrilled to have Nate join us.

Nate is not just a respected analyst; he's one of us—a fellow degen who shares our passion for the unpredictable and the frontier. But he's also much more. Nate is an avid poker player, a sharp sports bettor, an interviewer of Sam Bankman-Fried, an NFT enthusiast, and an advisor to Polymarket. In today’s episode, he offers keen insights into the brewing battle between the crypto world and its traditional incumbents.

------
📣DEBRIEF | Ryan & David Unpacking the Episode:
www.bankless.com/debrief-the-nate-silver-interview

------
TIMESTAMPS

0:00 Intro
2:31 Nate is one of us
4:55 Nate’s POV on crypto
8:06 ‘The River’
14:34 ‘The Village’
16:15 Riverian & Villager conflict
22:37 Is the River better?
29:02 Sam Bankman-Fried
48:12 Sam Altman
53:58 Prediction markets & Polymarket
1:01:42 2024 election predictions
1:03:47 Riverian’s betting Trump?
1:05:36 How do we navigate this?
1:09:54 Advice to for the crypto industry
1:11:23 Closing & Disclaimers

------
RESOURCES

Nate Silver
x.com/NateSilver538

On the Edge
www.penguinrandomhouse.com/books/529280/on-the-edge-by-nate-silver/

------
Not financial or tax advice. See our investment disclosures here:
www.bankless.com/disclosures

Robinhood is the world’s most successful FinTech trading company. They have already conquered TradFi. What are they targeting next?

In June, they announced the acquisition of Bitstamp, the oldest crypto exchange. They’re increasingly investing in crypto and we felt it was important to know their plans.

We brought the co-founder Vlad Tenev and we had a wide-ranging conversation covering topics like tokenization, Robinhood’s Wallet and L2, payment for orderflow and MEV, the SEC Wells Notice and much more.

------
TIMESTAMPS

0:00 Intro
3:47 Why Crypto
9:40 Robinhood Consumer Base
12:57 The Crypto Transition
22:03 Bitstamp Acquisition
31:22 Robinhood Wallet
37:55 Robinhood L2?
39:57 Payments
47:54 Robinhood vs SEC
59:14 Orderflow Business Model
1:05:50 Current Crypto Cycle
1:08:52 Vlad’s Vision
1:10:06 Closing & Disclaimers

------
RESOURCES

Vlad Tenev
x.com/vladtenev

Robinhood Crypto
robinhood.com/eu/en/about/crypto/

Robinhood Credit Card
robinhood.com/creditcard/

------
Not financial or tax advice. See our investment disclosures here:
www.bankless.com/disclosures ⁠

This week in crypto we saw markets…stumble? Then recover? Is the 2024 bull run over?  Elizabeth Warren is targeting prediction markets and the crypto community is pushing back, obviously. Meanwhile, SEC Chair Gary Gensler also faces setbacks…more L’s?  Zora’s latest release promises to shake up the NFT world.  And in a surprising twist, Trump's children have reportedly taken a keen interest in…DeFi…? ------ TIMESTAMPS & RESOURCES 0:00 Intro 2:50 What happened to markets? x.com/dougboneparth/status/1820448580290724222 www.cnbc.com/2024/08/05/carry-trades-a-major-unwinding-is-underway-amid-a-stock-sell-off.html x.com/KobeissiLetter/status/1819753746202546478 x.com/radarhits/status/1820091232770572794 www.coindesk.com/markets/2024/08/08/kamala-harris-donald-trump-tied-on-polymarket-on-who-will-be-the-next-us-president/ x.com/WatcherGuru/status/1820554001450258522 x.com/KobeissiLetter/status/1820897733143585209 11:27 What happened since Monday www.reuters.com/markets/asia/boj-wont-raise-rates-when-markets-unstable-deputy-governor-says-2024-08-07/ x.com/peruvian_bull/status/1820999796334981126 x.com/NickTimiraos/status/1821532870529396989 x.com/Polymarket/status/1820869310119662035 x.com/KobeissiLetter/status/1820870572093448299 14:31 Bankless Episodes - Livestream & Tom Lee www.youtube.com/live/CIbt2xlBJ5A?si=_60rGAl_9zzv-H0C youtu.be/lD9774SuP3E?si=-a3Zmt-1r6aS22xq Total Crypto Market Cap & Prices www.coingecko.com/ 22:24 Jump Capital is selling its crypto positions x.com/lookonchain/status/1820321011730116636 25:17 Highest ETH ETF inflows since their launch x.com/zerohedge/status/1821143966462484640 x.com/TommyWorldPower/status/1821091488132165719 www.cnbc.com/2024/08/02/morgan-stanley-wealth-advisors-bitcoin-etfs.html 27:10 Why is ETH so weak? x.com/RyanSAdams/status/1821534234382627195 imgur.com/TsIvCPi x.com/ceterispar1bus/status/1820842327901954453 33:38 Strong earnings for key crypto companies in Q2…what we can learn? s27.q4cdn.com/397450999/files/doc_financials/2024/q2/Q2-24-Shareholder-Letter.pdf www.theblock.co/post/310136/robinhoods-q2-crypto-revenues-up-161-as-trading-volume-hits-21-5-billion x.com/wazzcrypto/status/1786139849197551637 36:56 Are Prediction Markets bad? Sen. Warren thinks so www.merkley.senate.gov/wp-content/uploads/CFTC-Letter-FINAL.pdf x.com/mansourtarek_/status/1820486209031766204 x.com/matthew_d_green/status/1821146583955583068 x.com/iamDCinvestor/status/1821361435449962562 x.com/hasufl/status/1820818054621622673 x.com/LWarho/status/1820888617469771813 x.com/Domahhhh/status/1821208004529942713 x.com/TrustlessState/status/1821178136282726643 48:02 Zora protocol now creates pools on Uniswap! x.com/js_horne/status/1821215028457967757 x.com/haydenzadams/status/1821229811689517401 x.com/tbtstl/status/1821217611935273368 50:11 Ripple Labs settled with SEC & More Ls x.com/EleanorTerrett/status/1821276946921345341 x.com/lex_node/status/1821282897921503742 x.com/bgarlinghouse/status/1821289051191963861 storage.courtlistener.com/recap/gov.uscourts.nysd.599908/gov.uscourts.nysd.599908.150.0.pdf x.com/RyanSAdams/status/1821169925769044250 x.com/EleanorTerrett/status/1820540465609130052 53:25 Were Eric and Donald Trump Jr DeFi-pilled? x.com/EricTrump/status/1820906993802211751 x.com/DonaldJTrumpJr/status/1821164331020517596 55:04 Where did Brian Armstrong’s co-founder go? x.com/fehrsam/status/1820859394361610338 57:10 MEME of the Week media.discordapp.net/attachments/1257324353301905579/1270790505357115674/image0.jpg?ex=66b5a422&is=66b452a2&hm=33fc015ff27ad80a11172c464d2edb054bd418d5234be0088788f6946593404f&=&format=webp&width=1620&height=1843 58:28 Closing & Disclosures ------ Not financial or tax advice. See our investment disclosures here: www.bankless.com/disclosures⁠

In a galaxy far, far away, the Crypto Wars rage on. The Ethereum ETF, once thought to be a mere myth, rises with a vengeance. Betrayed by the centralized powers and left for dead, it returns stronger than ever, determined to reclaim its place in the crypto universe. Witness the epic clash between the Ethereum ETF and the forces of centralization, as alliances are tested and the fate of the blockchain hangs in the balance. Will the decentralized revolution triumph, or will the dark side of regulation prevail? Join the battle and find out in Crypto Wars: Revenge of the ETF.

Is the U.S going to be ok?

Mike Solana (no relation to Solana the chain, that’s his name),is the editor-in-chief of Pirate Wires and the guy who broke the Trump Memecoin news.

We brought him on the show today to try to make sense of the current state of politics in the face of the upcoming election, and what it all of this means for crypto

Expect to learn why tech has pivoted right, why democrats are cracking down on crypto, why media in 2024 is fundamentally broken and much more.

------
TIMESTAMPS

0:00 Intro
4:13 $DJT Memecoin
13:39 Crypto Politics
26:43 Mike’s Perspective on Crypto
31:16 Memetic Wars
35:01 Growth vs Degrowth
40:25 Information Wars
48:22 Social Media
56:39 Being Terminally Online
1:09:05 Media in 2024
1:21:17 2024 Election
1:26:02 Closing & Disclaimers

------
RESOURCES

Mike Solana
x.com/micsolana

Pirate Wires Daily
get.piratewires.com/pw/daily

Bankless Friday Weekly Rollup First Week of July ------ TIMESTAMPS & RESOURCES 00:00:00 Happy 4th Of July 00:08:04 Markets pro.kraken.com/app/trade/btc-usd pro.kraken.com/app/trade/eth-usd 00:10:13 A Likely Outcome 00:11:59 When ETF? x.com/NateGeraci/status/1807041501077110986 x.com/NateGeraci/status/1807548524910850284 www.youtube.com/watch?v=xaP5d1pmncY&ab_channel=Bankless 00:14:39 South America Is Growing thedefiant.io/news/defi/ethchile-highlights-triple-digit-growth-in-south-american-crypto-ownership Crecimiento docs.google.com/document/d/15Mb1j9quuNAqZzuBfY60F9Y82emWjUktVfw8k--eeiw/edit#heading=h.u6pn408b547d 00:16:48 Why Are We Down? x.com/eli5_defi/status/1807712012342092145?s=46&t=2ZINVXJQKx6xO_6Wiiu_2g 00:22:40 Supreme Court overturned Chevron Deference x.com/JBSDC/status/1806799823107997893 www.supremecourt.gov/oral_arguments/argument_transcripts/2023/22-451_o7jp.pdf youtu.be/JlsM_k7PutQ?t=1243 x.com/JTLonsdale/status/1806697088509469119 x.com/balajis/status/1806773841395675218 00:28:02 Negative Takes x.com/kylascan/status/1806706937083441274 x.com/JBSDC/status/1806809534322590069 00:29:38 SEC Sues Consensus www.sec.gov/newsroom/press-releases/2024-79 x.com/MikeSeligEsq/status/1806834455962652760 00:35:51 US Marshals Service picks Coinbase www.coinbase.com/en-gb/blog/u-s-marshals-service-chooses-coinbase-to-safeguard-trade-its-large-cap x.com/ErikVoorhees/status/1806105760461726023 00:37:00 BNB and BUSD Sales Aren’t Securities x.com/EleanorTerrett/status/1806896212173328850 x.com/MetaLawMan/status/1807075663666434311 00:40:53 ZKsync Elastic Chain x.com/zksync/status/1808125972434067699 imgur.com/nYDhE9u x.com/hudsonjameson/status/1808326321728283093 00:47:19 Zerion No-Fee Chain x.com/zerion/status/1806364593352016174 00:48:16 Election Season is Polymarket Season www.coindesk.com/policy/2024/06/28/crypto-unmentioned-at-first-2024-presidential-debate/ polymarket.com/event/presidential-election-winner-2024?tid=1719919681564 00:55:53 Vitalik Likes x.com/vitalikbuterin/status/1808092065483436481?s=43&t=2ZINVXJQKx6xO_6Wiiu_2g 00:56:37 Coinbase and Stripe x.com/coinbase/status/1806425092513210492 00:57:06 Pay On Warpcast x.com/dwr/status/1806774735109562789 00:57:58 IRS issued crypto tax regime for 2025 www.irs.gov/newsroom/treasury-irs-issue-final-regulations-requiring-broker-reporting-of-sales-and-exchanges-of-digital-assets-that-are-subject-to-tax-under-current-law-additional-guidance-to-provide-penalty-relief-address 01:00:23 Circle's New License x.com/jerallaire/status/1807791418489889279 x.com/paddi_hansen/status/1808085759947124778 01:01:44 Raises Of The Week x.com/astriaorg/status/1808534932060614983?s=46&t=dAxCjT2P_GIrJMvMgWIpfA www.youtube.com/watch?v=5809YJpbhFg 01:02:59 JokeRace Update www.jokerace.io/contest/base/0x0bac0ec9b6aeafa6c2212f67a67950940eda63a7 01:04:54 Meme Of The Week x.com/testinprodcap/status/1806735419792302142

Is the Chevron Deference case good for crypto? Is it good for the U.S.? Or is this a giant tradeoff that will lead to bad outcomes?

Crypto enthusiasts, pro-tech individuals, and those on the right say this will stop regulators from making random rules.

Non-crypto sources, mainstream media, and those on the left say it will lead to chaos, unchecked corporations, and poor governance.

So, what’s the truth? That’s what we’re here to find out. Our guest today is Justin Slaughter, current policy director at Paradigm and previous senior adviser of the SEC and chief policy adviser of the CFTC.

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TIMESTAMPS

0:00 Intro
1:16 Slaughter
1:39 Ex-SEC & Ex-CFTC
4:17 Is D.C. Out to Get Us?
5:15 (Loper Bright) Chevron Deference
20:21 Arbitrary & Capricious
23:25 Impact of Shift in Power
26:53 Summary So Far
32:46 Different Framing Argument
36:00 Congress Not Doing Their Job?
42:35 Good For The Left?
45:55 Crypto Implications
49:53 Enforcement Action
51:42 The New Power Fight
53:07 Closing & Disclaimers

------
RESOURCES

Justin Slaughter
x.com/JBSDC

------
Not financial or tax advice. See our investment disclosures here:
www.bankless.com/disclosures⁠

Is the Ethereum ETF Bullish for ETH?

Matt Hougan and Alex Thorn put together their own analysis of inflows for the ETH ETF. Remarkably, their numbers came in somewhere close to the same place.

We discussed how much demand there will be for the ETH ETF, whether or not it will overperform or underperform expectations and the overall state of the Crypto Market today.

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TIMESTAMPS

0:00 Intro
2:18 When ETH ETF?
7:16 Data Gathering Process
13:59 The BTC ETF Datapoint
24:17 Estimating ETH ETF Inflows
42:19 Price Impact
52:36 The ETH ETF Bear Case
1:03:14 Solana ETF?
1:05:44 The State of the Market
1:13:53 Closing & Disclaimers

------
RESOURCES

Matt Hougan
x.com/matt_hougan

Alex Thorn
x.com/intangiblecoins

Bitwise
bitwiseinvestments.com/

Galaxy Digital
www.galaxy.com/

Bankless Friday Weekly Rollup Last Week of June 2024 ------ 📣PERMISSIONLESS | GET YOUR TICKETS NOW bankless.cc/PermissionlessDiscount ------ TIMESTAMPS & RESOURCES 0:00 Intro 3:19 Markets 3:53 Mt. Gox is ready to distribute the bitcoin x.com/WatcherGuru/status/1805168222645244311 x.com/Ian_Unsworth/status/1805251746354131379 9:07 Germany is about to start selling the seized bitcoin x.com/ArkhamIntel/status/1805542881454633282 9:30 Meanwhile, the U.S. government sent $240M of BTC to Coinbase x.com/DegenerateNews/status/1806012142094614695 x.com/RyanSAdams/status/1806347784129290364 11:09 ETH Tailwinds x.com/Matt_Hougan/status/1804137327964438729 x.com/econoar/status/1805123906602144125 15:31 L2 Update l2beat.com/scaling/summary rollup.wtf/ 17:27 Bitcoin flows www.theblock.co/data/crypto-markets/bitcoin-etf/spot-bitcoin-etf-onchain-flows www.theblock.co/data/crypto-markets/bitcoin-etf/spot-bitcoin-etf-on-chain-total-net-flows 18:15 All spot ETH ETF S-1 amendments are now in! x.com/NateGeraci/status/1804264951315403233 x.com/matthew_sigel/status/1805624888821989576 x.com/Matt_Hougan/status/1805941968838533534 21:15 Cooked Airdrops x.com/k1z4_/status/1804498112154620370 imgur.com/a/q7riQXD 24:27 Is Solana getting an ETF? x.com/matthew_sigel/status/1806313241431138434 x.com/JSeyff/status/1806322096924217412 x.com/JSeyff/status/1806324109045031034 x.com/EricBalchunas/status/1806319656694628659 x.com/JSeyff/status/1806330548887093414 x.com/jchervinsky/status/1806331553594675563 www.coingecko.com/en/coins/solana 28:56 Solana’s Blinks + ZK Compression x.com/solana/status/1805587979723063440 x.com/phantom/status/1805588661213220968 x.com/dabit3/status/1805955810800947472 x.com/0xCygaar/status/1804536674338357368 x.com/ufukaltinok/status/1804362153903681823 36:07 Blast launched their airdrop x.com/Blast_L2/status/1805630569830924310 www.coingecko.com/en/coins/blast x.com/blur_io/status/1805631184028024909 x.com/OlimpioCrypto/status/1805634498358366697 39:47 Ethereum execution client Reth was launched! x.com/gakonst/status/1805920383390154845 42:55 MiCA is about to enforce strict rules for stablecoins www.theblock.co/post/301989/eu-crypto-mica-stablecoin-disruption x.com/SethHertlein/status/1799102535459877201 46:19 Gary Continues Taking Ls x.com/MinarikLaw/status/1805715857030439306 x.com/EleanorTerrett/status/1806334142432293142 x.com/milesjennings/status/1806354239092080665 x.com/WatcherGuru/status/1806303516694122663 www.coindesk.com/policy/2024/06/27/coinbase-accuses-us-sec-fdic-of-improperly-blocking-document-requests/ 50:43 Winklevoss twins donated $2M in BTC to Trump’s campaign x.com/tyler/status/1803872859938549920 53:13 Raises and BVC Investments x.com/hotpot_dao/status/1806357081231909168 x.com/KAndrewHuang/status/1805632313759514783 55:51 Voting on Bankless Nation podcast suggestions starts today! www.jokerace.io/contest/base/0x0bac0ec9b6aeafa6c2212f67a67950940eda63a7 57:37 July schedule… lu.ma/k0amrrnz x.com/TrustlessState/status/1805381346510225776 59:07 Meme of the Week x.com/BitwiseInvest/status/1806326930477654147 59:52 Closing & Disclosures ------ Not financial or tax advice. See our investment disclosures here: www.bankless.com/disclosures

David is joined by Leighton Cusack and Matt Metkov, two members of PleasrDAO, the organization that owns and is releasing the Wu-Tang Album.

The Wu-Tang Clan created a unique album, “Once Upon a Time in Shaolin,” to combat music’s devaluation in the digital age. It was bought by Martin Shkreli in 2015, who later lost it due to a fraud conviction. In 2021, PleasrDAO, a crypto collective, purchased the album to restore its value and make it accessible to the public, promoting fairer digital ownership in the Web3 era.

Hear how you can own the most exclusive music album and help support the movement.

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TIMESTAMPS

0:00 Intro
6:01 What’s Special About This Album?
8:06 One Off Event Or New Path For Artists?
11:16 Music Scenario: 2014 VS Now?
14:34 Music Renting vs. Collecting/Ownership
16:41 How To Own The Album?
21:01 Rights & Collaboration
22:25 Rethinking Music Distribution
25:19 Magnitude Of Album Release
27:03 Why Crypto People Should Care?
29:12 David On The Album Songs
32:21 Where To Own The Album?
34:33 Sales & Record Breaking Week
38:05 Closing & Disclosure

------
RESOURCES

Mint Here
thealbum.com

Leighton
x.com/lay2000lbs

------
Not financial or tax advice. See our investment disclosures here:
www.bankless.com/disclosures⁠

Is the crypto bull market over? The crypto sentiment has suddenly flipped bearish. The skeptics are saying that the ETH ETF will amount to nothing. Gox will dump on you. There are no new crypto use cases. There’s too much token supply. The bearish list goes on.

So what gives? Is this just summertime slowness or is the bull market over?

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TIMESTAMPS & RESOURCES

0:00 Intro

1:15 Current Market Sentiment
x.com/splitcapital/status/1805346083981201775
x.com/biancoresearch/status/1805341535967527200
x.com/SplitCapital/status/1805349168229367936
x.com/cryptobran_/status/1805331025905729983
x.com/mrjasonchoi/status/1804107651854594071
x.com/tmnxeq/status/1804913082571071679

9:29 ETH ETF is Bearish
x.com/Rewkang/status/1804735595111211104

13:06 Gox will Dump on You
x.com/WatcherGuru/status/1805168222645244311
x.com/RyanSAdams/status/1804138577204289900

16:01 No New Crypto Use Cases
x.com/0xCygaar/status/1801667353207521364
x.com/divine_economy/status/1802510497633198565
x.com/milesdeutscher/status/1800190273517211699

20:11 Any Bulls Left?
x.com/econoar/status/1805447135141544280
x.com/milesdeutscher/status/1805249025643581761
x.com/fejau_inc/status/1805242741494005780
x.com/intangiblecoins/status/1805244957252284916
x.com/intangiblecoins/status/1805244973261914582
x.com/pythianism/status/1805608579422208061
x.com/pythianism/status/1804987849059787113
x.com/iamDCinvestor/status/1804998114090389795
x.com/cburniske/status/1805308535611502763
imgur.com/DXcyjMS

37:28 Closing & Disclosures

------
Not financial or tax advice. See our investment disclosures here:
www.bankless.com/disclosures⁠

What if the information anarchy of the internet spells the downfall of liberalism?

Economist Noah Smith and Ethereum Founder Vitalik Buterin join us for a fascinating discussion on why Authoritarianism might be the answer to the current information warfare. Yes, you heard that right.

We start the episode by defining liberalism, how it has brought excessive polarization and why totalitarianism might be the only solution left. We then steelman the case against this same argument and how blockchains and crypto could play a role in all this.

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TIMESTAMPS

0:00 Intro
8:53 Defining Liberalism
21:50 Information Warfare
42:17 Summarizing the Argument
55:09 Could the Thesis be Wrong?
1:11:12 Information Leviathans
1:34:13 The Role of Blockchains
1:38:22 Closing & Disclaimers

------
RESOURCES

Vitalik Buterin
x.com/VitalikButerin

Noah Smith
x.com/Noahpinion

Noahpinion Blog
www.noahpinion.blog/

Why should we fight for Freedom of Speech? That’s the question that Free Speech Lawyer and Writer Greg Lukianoff helps us answer today. Using first principles, Greg goes deep into the importance of Freedom of Speech, “Free Speech Culture”, what happens to Free Speech when new technologies like the printing press and the internet are introduced, and how all this intersects with blockchains and crypto. ------ TIMESTAMPS 0:00 Intro 2:36 Defining Free Speech 12:17 Free Speech Origins 16:01 The Printing Press 33:29 The Constitution 36:07 Free Speech Culture 44:05 What Protects Free Speech 52:15 Generational Differences 1:02:38 Censorship Societies 1:09:50 The Internet 1:14:25 AI & Free Speech 1:16:28 Web2 Censorship 1:20:38 Freedom to Transact 1:29:59 Privacy 1:31:51 How to Get Involved 1:34:10 Closing & Disclaimers ------ RESOURCES Greg Lukianoff x.com/glukianoff The Eternally Radical Idea Newsletter greglukianoff.substack.com/ FIRE www.thefire.org/ Support FIRE Today! www.thefire.org/donate The Canceling of the American Mind www.amazon.com/Canceling-American-Mind-Undermines-Threatens-ebook/dp/B0BTZT9PLM/ref=tmm_kin_swatch_0?_encoding=UTF8&sr=8-1 Free Speech: A History from Socrates to Social Media www.amazon.com/Free-Speech-History-Socrates-Social/dp/1541600495/ref=sr_1_1?sr=8-1 Revolution in the Age of Social Media www.amazon.com/Revolution-Age-Social-Media-Insurrection-ebook/dp/B00GVZJWAM Free Speech, The People's Darling Privilege www.amazon.com/Free-Speech-Peoples-Darling-Privilege/dp/0822325292

Bankless Friday Weekly Rollup 3rd Week of June 2024 The SEC drops all charges against Ethereum 2.0—could it now be recognized as a commodity? Plus, hints surface about the launch date of the ETH ETF! Airdrop season is still alive and well! LayerZero and zkSync tokens launched recently. Find out if you’re eligible and the market’s reaction. And, did Baron Trump really launch a DJT memecoin on Solana? We unpack the latest buzz and drama. Tune in for all the details and so much more! ------ TIMESTAMPS & RESOURCES 0:00 Intro 1:57 MARKET x.com/WhalePanda/status/1802958996392870368 www.theblock.co/data/crypto-markets/bitcoin-etf/spot-bitcoin-etf-flows x.com/CryptoDonAlt/status/1802743515941609572 www.tradingview.com/chart/?symbol=AMEX%3ASPY x.com/saylor/status/1803763490928119950 8:37 ETH Price & ETH ETF Going Live x.com/EricBalchunas/status/1801725292404261308 12:05 Total Crypto Market Cap 12:48 L2Beat dune.com/hildobby/blobs dune.com/sealaunch/dex-metrics-on-base?Select+Date+Granularity_ed0f38=week&Select+Timeframe_ed47bb=365 imgur.com/YuXZfAv x.com/WazzCrypto/status/1803858912166449480 twitter.com/wbnns/status/1803217959479025857 17:42 Combo ETH + BTC ETF x.com/NateGeraci/status/1803080047303036971 x.com/Matt_Hougan/status/1803767324605886515 x.com/matthew_sigel/status/1801342560977190937 youtu.be/T2Ur8Dhc3uQ?si=Obqn5eY89sEUEdwi youtu.be/KUMGYEKIiGw?si=fS4pae1N_rr1f0C0 20:36 AIRDROP Season in full swing Bankless Claimables and AIrdrop Hunter www.bankless.com/claimables/reveal x.com/LayerZero_Fndn/status/1803744985029788042 www.coingecko.com/en/coins/layerzero x.com/LayerZero_Fndn/status/1803742303204323494 layerzero.foundation/claim www.theblock.co/post/300389/zksync-live-mcap-airdrop www.coingecko.com/en/coins/zksync x.com/TheZKNation/status/1802626483770265991 x.com/TheZKNation/status/1801378349442269345 docs.zknation.io/zk-token/zk-token-faq x.com/nansen_ai/status/1803003153820082270 x.com/cobie/status/1803071393484939602 31:00 MOTHER + DADDY Update www.coingecko.com/en/coins/mother-iggy x.com/IGGYAZALEA x.com/jimcramer/status/1800893795346637193 www.coingecko.com/en/coins/daddy-tate 33:14 What’s going on with $DJT? www.coingecko.com/en/coins/trumpcoin-2 x.com/PirateWires/status/1802825492405669930 www.newsweek.com/crypto-djt-barron-trump-martin-shkreli-1915147 x.com/ArkhamIntel/status/1803161788164288875 x.com/ArkhamIntel/status/1803471430727901455 x.com/zachxbt/status/1803240784436797871 x.com/zachxbt/status/1803371615524364503 x.com/jmgramke/status/1803792368388264399 x.com/WatcherGuru/status/1803759609808564306 x.com/MartinShkreli/status/1803821631279612367 46:32 U.S. SEC closes investigation in Ethereum! x.com/Consensys/status/1803230653120659641 x.com/laurabrooksie1/status/1803237492130234633 x.com/RyanSAdams/status/1803412140289560849 x.com/RyanSAdams/status/1803783619997052977 50:24 BitWise launches a new Ethereum ad for their incoming ETH ETF x.com/BitwiseInvest/status/1803789737620078875 zora.co/collect/base:0x9ada0269656e7855c95f54a34d4ef94f78892038/1 53:18 Kraken exploit for 3m and some drama - vs Certik x.com/c7five/status/1803403565865771370 x.com/P3b7_/status/1803479749005549647 x.com/tayvano_/status/1803478049280893040 x.com/sethforprivacy/status/1803520795735683528 59:39 Donald Trump wants all remaining Bitcoin to be 'Made in USA' x.com/intangiblecoins/status/1801771689249787936 1:01:11 Optimism & Tether Releases x.com/Optimism/status/1800974991313469445 chain.box x.com/Alloy_tether/status/1802676443781923289 1:03:50 Bankless ETHCC Meetup lu.ma/k0amrrnz 1:05:15 Who won the ETH ETF Pitch competition? www.jokerace.io/contest/base/0x0f2211f6727e85dbfae20e7dbfe57875a1f2b706 1:06:50 Another voting for Bankless Nation! www.jokerace.io/contest/base/0x0bac0ec9b6aeafa6c2212f67a67950940eda63a7 1:08:44 MEME of the Week x.com/PleasrDAO/status/1803572250278514999 1:09:22 Closing & Disclaimers ------ Not financial or tax advice. See our investment disclosures here: www.bankless.com/disclosures

Sam Jernigan, the “Unofficial ETH Maxi of Wall Street”, has been evangelizing Ethereum to institutional funds and billionaires from inside the house for the past five years.

Having the perfect blend of deep Ethereum knowledge and the full Wall Street experience, Sam guides us through how he became an ETH Maxi, why the lack of understanding of ETH in TradFi is the most bullish case for the asset and what the future holds for ETH institutional adoption.

------
TIMESTAMPS

0:00 Intro
3:48 Defining TradFi
16:05 Ethereum’s P/E Ratio
19:50 Sam’s Background
36:45 Becoming an ETH Maxi
48:58 The State of ETH in TradFi
53:38 ETH Bull Case
1:02:11 The Flippening
1:05:36 ETH ETF
1:12:51 Security vs Commodity Debate
1:17:25 TradFi: Friend or Foe?
1:28:04 Regulation
1:39:31 Closing & Disclaimers

------
RESOURCES

Sam Jernigan on X
x.com/sjerniganiv

Sam Jernigan on LikedIn
www.linkedin.com/in/samjernigan07302015/

Bankless Friday Weekly Rollup 2nd Week of June 2024 ------ TIMESTAMPS & RESOURCES 0:00 Intro 3:31 Markets 8:20 Gary G Says ETH ETF Approval “Sometime in Summer” x.com/tier10k/status/1801261940615848004 9:19 L2 Update 11:04 The Fed expects to cut rates just once this year www.cnbc.com/2024/06/12/fed-meeting-today-on-interest-rate.html 15:41 Will BTC ETF follow the gold ETF success path? x.com/hongkim__/status/1799442365892985257 20:48 ZKSync introduced ZK token x.com/TheZKNation/status/1800424206129357194 app.aevo.xyz/perpetual/zk x.com/eekeyguy_eth/status/1800461976969035910 blog.zknation.io/zk-token/ zknation.ghost.io/content/images/2024/06/points.png x.com/LibraryDefi/status/1800589632909832509 x.com/Gautamguptagg/status/1800539906923733397 x.com/Gautamguptagg/status/1800539906923733397 x.com/TheZKNation/status/1801020410563060031 x.com/TrustlessState/status/1801024526001815616 x.com/TrustlessState/status/1800758353511207103 36:46 Speaking of Airdrops: Taiko launched their TAIKO token x.com/taikoxyz/status/1798336750668136851 Find out whether you are eligible via Claimables! bankless.cc/3Jte55n 38:33 Optimism’s fault proofs are live! x.com/l2beat/status/1800530188171674070 x.com/VitalikButerin/status/1800547329931620625 49:23 Pectra is about to became the biggest upgrade of Ethereum history: x.com/sassal0x/status/1798869850200412383 55:34 Symbiotic introduced their restaking platform x.com/symbioticfi/status/1800530004776022493 59:29 Eigen Labs acquired Rio Network x.com/eigen_labs/status/1800888626642899321 1:01:41 Crypto:The Game was acquired by Uniswap! x.com/cryptothegame_/status/1800199946739822594 1:06:28 PleasrDAO releases the WuTang Album pitchfork.com/news/wu-tang-clan-once-upon-a-time-in-shaolin-turned-into-nft/ www.thealbum.com/ 1:09:12 Terraform Labs agreed to pay SEC $4.5B! www.coindesk.com/policy/2024/06/12/terraform-labs-do-kwon-agree-to-pay-sec-a-combined-45b-in-civil-fraud-case/ x.com/TrustlessState/status/1800955721955283053 1:11:44 Alchemy introduced platform for building rollups x.com/alchemyplatform/status/1798747911226040679 1:13:03 New Paradigm Fund x.com/matthuang/status/1801283717664526835 1:14:41 The Daily Gwei www.youtube.com/@TheDailyGwei/videos x.com/thedailygwei x.com/sassal0x podcasts.apple.com/us/podcast/into-the-ether/id1443920565 1:15:49 Closing & Disclaimers ------ Not financial or tax advice. See our investment disclosures here: www.bankless.com/disclosures

After 3 months of flat crypto prices, people are asking “where are we in the cycle”? What if the real bull hasn't even started yet?

How big of the impact can the ETH ETF's really have and can they really take us to the coveted.... Banana Zone? All of that and more on this weeks episode of Bankless Takes.

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TIMESTAMPS

00:00 Intro
01:49 The Bull Run is Boring
05:06 What Inning Are We In?
14:59 Demand For Gold Reserves
18:38 The Banana Zone
23:40 ETH ETF Impact
30:48 Celeb Memecoins
38:31 Key Takeaways

Ethereum vs. Solana. That’s the debate we’re having today.

On Ethereum’s side we have Ethereum Researcher Justin Drake, and on the Solana’s we have Solana’s Co-Founder Anatoly Yakovenco.

They give us the good, the bad and the ugly of each other’s blockchain, settling their endgame towards the end of the episode.

This was one, if not the spiciest debate we had on the show. We tried our best to give both guests time with minimal intervention. At times went well, at others it caused deep semantic rabbit holes. But overall both guests were able to communicate their messages.

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TIMESTAMPS

0:00 Intro
4:20 The Good
19:33 The Bad
46:23 Global Shared State
1:00:28 Economic Security
1:24:28 The Ugly
1:41:43 The Endgame
1:49:42 Closing & Disclaimers

------
RESOURCES

Anatoly Yakovenco
twitter.com/aeyakovenko

Justin Drake
twitter.com/drakefjustin

Bankless Friday Weekly Rollup Last Week of May ------ TIMESTAMPS & RESOURCES 00:00:00 Injury Updates 00:05:16 Markets pro.kraken.com/app/trade/btc-usd pro.kraken.com/app/trade/eth-usd 00:07:22 ETF Update x.com/tier10k/status/1793758369804886200?s=46&t=LKBC7Qtm18FnZ380xCF2pA 00:09:08 When Will ETFs Launch? x.com/EricBalchunas/status/1795934675380109479 x.com/NateGeraci/status/1795255561753424157 x.com/JSeyff/status/1795933440090452413 00:11:09 ETH Price Impact imgur.com/a/rkIfckX www.theblock.co/post/296237/qcp-capital-predicts-spot-ethereum-etf-approvals-could-drive-prices-higher www.grayscale.com/research/reports/the-state-of-ethereum thedefireport.io/research/the-turning-point#a-simple-framework-to-think-about-p x.com/ZachLight16/status/1794778924381082003 00:19:31 The ETH Narrative x.com/TrustlessState/status/1795595286972383494 youtu.be/vo2PjvZHIR4?si=ICEq25ulL4iaguOg&t=140 youtu.be/rlZo7x2ABHw?si=K6WKpHGP-4_L1k5w&t=50 x.com/jdorman81/status/1792927796353814640 00:30:26 David's Challenge 00:34:47 The Saylor Pivot x.com/JasonYanowitz/status/1793627497398948193 x.com/BeagleBitcoin/status/1794443617399885986 x.com/nic__carter/status/1792706827748294947 x.com/sassal0x/status/1794603287431528522 00:41:05 Presidential Pivot x.com/yugacohler/status/1794540212254589369 twitter.com/BitcoinMagazine/status/1794535395176366260?t=zcNFn9egY0fRCpxYNRu7sQ&s=19 www.theblock.co/post/297504/biden-campaign-shifts-crypto-stance-engages-crypto-industry-presidential-elections-2024?utm_source=twitter&utm_medium=social 00:47:21 Celeb Coins x.com/Caitlyn_Jenner/status/1794886435985846680 www.coingecko.com/en/coins/caitlyn-jenner x.com/Caitlyn_Jenner/status/1795269306693075404 x.com/Caitlyn_Jenner/status/1795277298490605934 x.com/Caitlyn_Jenner/status/1795973191325585733 x.com/coffeebreak_YT/status/1795948137397338120 x.com/waleswoosh/status/1795046157674045567 00:57:09 L2 Update l2beat.com/scaling/summary x.com/jessepollak/status/1795572376555712551 x.com/0xDesigner/status/1794040845642957102 00:59:57 ENS L2 x.com/ensdomains/status/1795440186513576318 01:01:33 Taiko Mainnet x.com/taikoxyz/status/1795078728768483464 01:03:14 Solana Updates forum.solana.com/t/proposal-for-enabling-the-reward-full-priority-fee-to-validator-on-solana-mainnet-beta/1456/97 01:05:52 ETH vs SOL Debate 01:06:32 Gary Takes Another L x.com/iampaulgrewal/status/1795511035870285827 01:08:20 Gemini Earn Updates x.com/Gemini/status/1795819898049884468 x.com/JSeyff/status/1795928574878245126 01:10:18 Railgun Volume Record thedefiant.io/news/regulation/railgun-privacy-protocol-surpasses-usd1b-in-volume-amid-crackdown-on-crypto-mixers 01:13:29 Warpcast Bankless Frame warpcast.com/bankless/0xca3e17df?utm_source=Socials&utm_medium=Farcaster&utm_campaign=warpcastclaimables 01:14:47 Meme of The Week x.com/eawosikaa/status/1795659750702719348

At the very last moment of our ETH ETF Approval livestreamed watch party, Bloomberg Analyst, James Seyffart confirmed the SEC's approval of the spot Ethereum ETF on May 23, 2024 at 2:08pm PST.

This cultural Bankless Onchain mint captures Ryan and David's live reaction to the historic spot Ethereum ETF approval.

Full livestream here:
youtube.com/live/Di-iyKgrX74

Is it all vibes? Always has been.

Kyla Scanlon is a writer, podcaster, analyst, founder of financial education company Bread, and an all around brilliant explainer of things hard to explain.

Expect to learn why economies are vibe reflectors, Kyla’s “economic kingdom” model and an overview on the current state of economic affairs.

Financial literacy is a superpower and Kyla managed to compress this topic that people have been trying to figure out for ages in an easy to understand economics toolbox.

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TIMESTAMPS

0:00 Intro
4:09 The Vibes Economy
9:24 Understanding Money & Finance
14:18 The Economic Kingdom
17:51 The Monetary Castle
25:49 The Fiscal Castle
35:01 Vibes are the Economy
51:00 The Deciders
55:32 Housing Market
1:01:34 The Labor Market
1:08:12 Wealth Inequality
1:13:48 Energy
1:17:38 The Economics Toolbox
1:22:40 What’s Next for Kyla
1:27:40 Closing & Disclaimers

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RESOURCES

Kyla Scanlon on X
x.com/kylascan

Kyla Scanlon Website
kylascanlon.com/

Order “In this Economy?” Now
www.penguinrandomhouse.com/books/737854/in-this-economy-by-kyla-scanlon/

Kyla’s “AI Can't Plant Corn (Yet)”
kyla.substack.com/p/ai-cant-plant-corn-yet

WSJ “How Gen Z Is Becoming the Toolbelt Generation”
www.wsj.com/lifestyle/careers/gen-z-trades-jobs-plumbing-welding-a76b5e43

Are stablecoins a threat to national security? How should the US government step in?

We brought Timothy Massad, the perfect guest to help us answer these hard questions. He was the Obama appointed chair for the CFTC, the guy who helped designate Bitcoin as a commodity over 10 years ago.

We touch on:
- The importance of stablecoins.
- How stablecoins compare to eurodollars.
- Weather crypto and sanctions can co-exist.
- A sensible policy for stablecoins.
- And finally, his thoughts on what happens next.

Timothy brings a whole different perspective from what we’re used to in our crypto bubble. That’s exactly why you should tune into this episode.

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TIMESTAMPS

0:00 Intro
3:41 Timothy’s Background
6:38 Security vs Commodity
9:54 Stablecoin First Impressions
18:49 The Importance of Stablecoins
25:34 History of the Eurodollar
35:54 Economic Sanctions
44:55 Stablecoins and Sanctions
1:03:38 A Stablecoin Future
1:08:16 A CBDC Future
1:13:27 What about Privacy?
1:15:37 The Role of the Dollar
1:17:57 Stablecoins Abroad
1:20:22 Predictions
1:22:49 Closing & Disclaimers

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RESOURCES

Timothy Massad
x.com/timmassad

Stablecoins and National Security by Timothy Massad
www.brookings.edu/articles/stablecoins-and-national-security-learning-the-lessons-of-eurodollars/

Five Perspectives on Stablecoins by Nic Carter
medium.com/@nic__carter/five-perspectives-on-stablecoins-5bc20076270a

Matt Hougan is the CIO at Bitwise, and has been one of the best people to talk to when it comes to understanding the ETF process, and the impact of ETFs on the crypto markets.

Today we dive into the specifics on what exactly the ETF approval means for ETH.

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TIMESTAMPS
00:00 Intro
05:46 What Exactly Happened?
08:45 Was This Really Political?
12:11 Who's Responsible For This
16:46 Next Steps For ETF
20:36 Matt's ETF Story
22:44 ETF Price Impact
27:38 ETF Inflow Predictions
34:50 Explaining The ETH Narrative
38:23 Matt's 2 Minute Pitch
45:12 How Bitwise's Job Changes
49:01 ETH Charts
54:31 Legislation

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RESOURCES
Matt on X: x.com/Matt_Hougan

------
Not financial or tax advice. See our investment disclosures here:
www.bankless.com/disclosures⁠

Bankless Friday Weekly Rollup 4th Week of May ------ TIMESTAMPS & RESOURCES 0:00 Intro 3:52 MARKET WatcherGuru/status/1792646445075431627 ycharts.com/companies/ETHE/discount_or_premium_to_nav x.com/Timccopeland/status/1793653604387328381 x.com/bx1core/status/1792712990141338049 imgur.com/hbveuq5 x.com/pythianism/status/1793369623301403024 x.com/UncleRewards/status/1793623611405947147 imgur.com/uevxXfe www.coinglass.com/bitcoin-etf 18:54 How the odds of an ETH ETF approval suddenly swung in our favor x.com/BanklessHQ/status/1791140496397468064 x.com/RyanSAdams/status/1791147869791002699 www.youtube.com/watch?v=bFEGCmHqBT4&t=898s x.com/songadaymann/status/1792667124919599263 x.com/EricBalchunas/status/1792636523050906102 www.coindesk.com/policy/2024/05/20/ether-etfs-filing-process-sees-abrupt-progress-though-approval-not-guaranteed-sources/ x.com/JSeyff/status/1793039305125790105 26:28 Letter Urging ETH ETF Approval from Congress - THIS MORNING x.com/EricBalchunas/status/1793620303966503267 x.com/CGasparino/status/1793268472484425865 x.com/nategeraci/status/1792993889189593502 x.com/JSeyff/status/1792650597377757456 29:50 Promethum is launching its Ethereum custody fortune.com/crypto/2024/05/20/controversial-digital-assets-firm-prometheum-launches-long-awaited-ether-custody-argues-that-existing-laws-work-for-crypto/ financialservices.house.gov/news/documentsingle.aspx?DocumentID=409274 x.com/RyanSAdams/status/1792907980624523549 x.com/jchervinsky/status/1793398130269954346 32:16 FIT21 passes the House 279 - 136 🎉 financialservices.house.gov/news/documentsingle.aspx?DocumentID=409277 x.com/avichal/status/1793370415664148496 youtu.be/_QvOzpKX3I4?si=__6q_Ffl-PU7R4oe x.com/BanklessHQ/status/1793291448965624088 pelosi.house.gov/news/press-releases/pelosi-statement-fit21-legislation x.com/BanklessHQ/status/1793367943671402923 43:12 Another win for crypto this week - “Choke Point Marty is done” x.com/nic__carter/status/1792569285799186641 x.com/twobitidiot/status/1793606319301447920 www.sec.gov/news/statement/gensler-21st-century-act-05222024 x.com/twobitidiot/status/1793399316012318821 x.com/zerohedge/status/1792659983370523096 x.com/nic__carter/status/1792660581272670650 x.com/meanwhilelife/status/1792936024244466174 Exhibit A: x.com/ewarren/status/1641138829162577928 Exhibit B: x.com/WatcherGuru/status/1793261382676119866 Exhibit C: x.com/BitcoinMagazine/status/1793025045310115910 Exhibit D: x.com/SMTuffy/status/1793604355591110692 Exhibit E: x.com/SenLummis/status/1793654641974288558 53:32 ETH ETF just reopened the window for protocol airdrops! x.com/TrustlessState/status/1792958932228653249 55:09 Yuga Labs ‘Punk World’ x.com/cryptopunksnfts/status/1792594316172341315 x.com/CryptoGarga/status/1792694910904136028 56:46 We finally found out what was the Uniswap Wells notice about x.com/Togbe0x/status/1792973545762595199 x.com/haydenzadams/status/1792973692223336615 www.coingecko.com/en/coins/uniswap x.com/TrustlessState/status/1793650716080562382 1:01:28 Binance executive denied bail in Nigeria amid $35 million money laundering trial thenationonlineng.net/just-in-court-rejects-binance-officials-bail-request x.com/RyanSAdams/status/1791466137793830974 Binance CEO Richard Teng in a blog post www.binance.com/en/blog/leadership/from-richard-teng-binance-ceo-tigran-gambaryan-is x.com/vibhu/status/1792419936725528816?s=46&t=LKBC7Qtm18FnZ380xCF2pA 1:04:02 Bankless is launching 'Bankless Onchain' Phase II: Mint Our History www.bankless.com/bankless-onchain-phase-2 Mint Bankless Archive here: bankless.cc/OnchainArchive Mint new episodes here: bankless.cc/onchain 1:05:44 Raises and BVC Investments Farcaster has raised $150M! At Valuation $1B danromero.org/farcaster-update/ 1:06:30 MEME of the Week x.com/basedkarbon/status/1793435193274998945 1:07:16 Moment of Zen x.com/songadaymann/status/1793751482816176300

The Ether spot ETF has officially been approved marking a landmark day for Ethereum and crypto as a whole. We're going live today to discuss the extent of this approval and what it means for Ether the asset, and more broadly the entire crypto industry. This is a big deal and we're stoked to be sharing this moment live with the Bankless Nation.

James on X: x.com/JSeyff

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TIMESTAMPS & RESOURCES

00:00 It Happened
05:09 ETF Approved!
07:24 Boom Approval Surprise
09:11 Why Did This Happen?
13:38 When Will The ETFs Go Live?
15:47 ETF Inflows
19:18 ETH Education Campaign
21:37 Staked ETF?
24:14 What Coin is Next?

This is a huge week for crypto in DC and we have on Congressman Patrick McHenry to tell us all about it.

Three big things:
1) SAB 121 repeal bill going to Biden’s desk - will he let it pass or veto?
2) SEC approve/deny Ethereum ETF - decision due Thursday.
3) House vote on FIT bill you’ve been championing - well talk about that bill.

Stand with Crypto: www.standwithcrypto.org/politicians

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TIMESTAMPS
00:00 Start
04:05 Introduction to Congressman McHenry
05:11 Crypto in DC Temp Check
07:34 Generational vs Partisan Divide
12:57 Has Biden's Crypto Sentiment Changed?
16:46 FIT 21 Act
20:10 Security vs Commodity
23:18 Startups Becoming Commodities
26:34 Why Should Congress Support?
29:22 Why Patrick Cares About Crypto
33:25 Stablecoin Legislation
35:37 Will Crypto Still Be Under Attack?
38:24 Trump vs Biden Crypto Policies
40:41 How To Get Involved

------
RESOURCES:

Patrick on X: x.com/PatrickMcHenry

✨ DEBRIEF | Ryan & David unpacking the episode:
www.bankless.com/debrief-the-byron-tau-interview

------
Are we being watched?

That’s the question we ask Byron Tau, an investigative journalist and author of “Means of Control'' that covers all about the US surveillance state.

Turns out the US Government has a digital dossier of every citizen, but how? How do they collect the data? How are they using it? Can we ever get back our digital privacy?

Expect to learn all that and much more in what is a deep dive into digital surveillance.

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TIMESTAMPS

0:00 Intro
4:42 State of Surveillance
12:24 Content vs Metadata
18:16 The Surveillance Industry
33:53 Total Information Awareness
49:50 Is the Gov Using Data Against Us?
53:10 Privacy Protections
1:05:29 The Role of Encryption
1:17:23 Surveillance Abroad
1:22:09 US vs China
1:26:04 Surveillance in Crypto
1:31:09 Closing & Disclaimers

------
RESOURCES

Byron Tau
twitter.com/ByronTau

Means of Control by Byron Tau
www.penguinrandomhouse.com/books/706321/means-of-control-by-byron-tau/

The ETF approval deadline is coming on May 23rd and the odds just got.... wayyyy higher! Ryan and David explain.

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TIMESTAMPS & RESOURCES

0:00 Intro
0:45 Bloomberg Analyst Update
x.com/EricBalchunas/status/1792636523050906102
x.com/JSeyff/status/1792636774067413502
4:20 $ETH GOD CANDLE
pro.kraken.com/app/trade/eth-usd
7:25 Eleanor
x.com/EleanorTerrett/status/1792640682374393894
8:05 .ETH People
x.com/JSeyff/status/1792637403682701422
x.com/TrustlessState/status/1792638235799122269
18:10 Jake Chervisnky
x.com/jchervinsky/status/1792645992463978533
20:58 Warren Meme
x.com/BillHughesDC/status/1792646322551451718
21:10 Mike Ippolito Sentiment Bottom Call
x.com/MikeIppolito_/status/1791829053881602454
x.com/MikeIppolito_/status/1792641028844904753
24:51 Institutional Narrative
28:58 $COIN Stock Price
29:20 S-1 Approvals
x.com/JSeyff/status/1792650597377757456
33:08 SEC Asks Exchanges to Update Filings
x.com/tier10k/status/1792655223103566116
35:16 $ETHE
36:26 Chart TA'ing
40:23 Polymarket
polymarket.com/event/ethereum-etf-approved-by-may-31?tid=1716234132508
40:48 Ryan's Bear Case
46:23 Closing & Sassano Victory Lap
x.com/TrustlessState/status/1792640883042443578

✨ DEBRIEF | Ryan & David unpacking the episode: www.bankless.com/debrief-the-eric-wall-interview ------ What’s the Endgame for Bitcoin Scaling? That’s what we asked bitcoin builder and researcher Eric Wall. We start by exploring the evolution of Bitcoin and the genesis of scaling solutions on top of it. We then get into the intricacies of the BitVM, what exactly is a Bitcoin L2 and what’s coming next. Eric is the perfect guest to explore this frontier of Bitcoin Rollups, he tells it like it is and he understands both Ethereum and Bitcoin. ------ 📣 SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24 bankless.cc/spotify-premium ------ BANKLESS SPONSOR TOOLS: 🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE k.xyz/bankless-pod-q2 🔗CELO | CEL2 COMING SOON bankless.cc/Celo ⚖️ARBITRUM | SCALING ETHEREUM ⁠bankless.cc/Arbitrum 🛞MANTLE | MODULAR LAYER 2 NETWORK bankless.cc/Mantle 🏠 CASA | SECURE YOUR GENERATIONAL WEALTH bankless.cc/Casa 🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION bankless.cc/toku 🌐 CARTESI | APPLY FOR A GRANT bankless.cc/CartesiGovernance ------ TIMESTAMPS 0:00 Intro 5:47 Eric Wall 9:48 The Evolution of Bitcoin 21:31 The Genesis of Bitcoin L2s 36:40 Runes 46:22 BitVM 1:04:45 Why Bitcoin L2s are Inevitable 1:09:07 Stacks 1:11:37 Bitcoin L2 Endgame 1:17:39 Scams 1:23:13 Bitcoin’s Direction 1:27:25 Closing & Disclaimers ------ RESOURCES Eric Wall twitter.com/ercwl Taproot Wizards taprootwizards.com/ ------ Not financial or tax advice. See our investment disclosures here: www.bankless.com/disclosures⁠

While it's still early in the race, Base is now one of Ethereum’s largest L2s. In today’s episode, we brought back on repeat guest and co-creator of Coinbase’s L2, Base, Jesse Pollak. We cover: - How Base plans to bring billions of users onchain - How Base is increasing its scale by 400x - How Coinbase is using Base to be more onchain - Onchain Summer II ------ 📣 TRANSPORTER - SECURED BY CHAINLINK CCIP | TRY IT OUT www.transporter.io ------ BANKLESS SPONSOR TOOLS: 🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE k.xyz/bankless-pod-q2 ⁠ 🛞MANTLE | MODULAR LAYER 2 NETWORK bankless.cc/Mantle 🌐 CARTESI | APPLY FOR A GRANT bankless.cc/CartesiGovernance 🔗CELO | CEL2 COMING SOON bankless.cc/Celo 🏠 CASA | SECURE YOUR GENERATIONAL WEALTH bankless.cc/Casa 🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION bankless.cc/toku ⚖️ARBITRUM | SCALING ETHEREUM ⁠bankless.cc/Arbitrum ------ TIMESTAMPS 0:00 Intro 4:41 Base’s First 8 Months 9:23 The Road to 1 Giga Gas Per Second 18:39 Why More Demand For Base? 21:26 Cost to Send Transactions on Base 23:59 Non-Ethereum DA Solution? 25:59 Scaling Via L3s on Base? 27:17 Parallelization Solution? 29:34 Will Base Make Transactions Free? 38:18 Coinbase's Relationship With Base 46:18 Base Is Centralized Critique 50:17 The Base Flywheel 57:46 Onchain Summer II 58:36 Next Target Demo to Come Onchain 1:00:42 Base Independence 1:02:19 1 Billion People Onchain 1:03:25 Closing & Disclosures ------ RESOURCES Onchain Summer II www.base.org/ Jesse Pollak twitter.com/jessepollak Jesse’s 1st Base Episode youtu.be/7dGU0_eEjq8 Coinbase twitter.com/coinbase Base twitter.com/base ------ Not financial or tax advice. See our investment disclosures here: www.bankless.com/disclosures

The Bitcoin ETF was just approved. What happens next? How does this change everything? Which ETF can crypto expect next? When? Answers to these questions and so much more!

-----
🏹 Airdrop Hunter is HERE, join your first HUNT today
bankless.cc/JoinYourFirstHUNT

------
BANKLESS SPONSOR TOOLS:

🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE
⁠k.xyz/bankless-pod-q2 ⁠

🛞MANTLE | MODULAR LAYER 2 NETWORK
bankless.cc/Mantle

⚖️ARBITRUM | SCALING ETHEREUM
⁠bankless.cc/Arbitrum

🔗CELO | CEL2 COMING SOON
bankless.cc/Celo

🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION
bankless.cc/Toku

------
TIMESTAMPS

0:00 Intro
4:00 ETF Day
6:05 SEC Twitter Hack?
8:40 Commissioner Statements & Votes
12:30 BTC ETF Volume
19:50 Size of BTC ETF
22:00 Flip Gold?
22:25 Spot ETH ETF?
24:20 Closing & Disclaimers

------
RESOURCES

Eric Balchunas
twitter.com/EricBalchunas

BTC ETF Approved
x.com/BanklessHQ/status/1744830610370421029

------
Not financial or tax advice. See our investment disclosures here:
www.bankless.com/disclosures⁠

“The U.S. is trying to disconnect from Ethereum," that’s what Joe Lubin the CEO of Consensys said in today’s conversation. He was talking about those in power trying to unplug Ethereum from the citizens. The SEC is going after Kraken, Coinbase, Uniswap and Metamask. They’re trying to turn every non-custodial wallet into a broker-dealer. We brought on Joe Lubin, a crypto OG and CEO of Consensys the company behind a number of massive crypto projects including the popular Metamask wallet, and Matt Corva, the General Counsel at Consensys, leading the charge against the SEC Joe and Matt are producing evidence that the SEC is coming after Ethereum itself. Sending discovery requests to Ethereum core developers, threatening their employers - pushing a coordinated effort to claim Ether is a security so they can control it. So Consensys is taking them to court to settle the issue. If they’re successful it’ll be the first time we get a clear court ruling that Ether is a commodity and not a security. ------ 📣 TRANSPORTER - SECURED BY CHAINLINK CCIP | TRY IT OUT transporter.io ------ BANKLESS SPONSOR TOOLS: 🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE k.xyz/bankless-pod-q2 ⁠ 🛞MANTLE | MODULAR LAYER 2 NETWORK bankless.cc/Mantle 🌐 CARTESI | APPLY FOR A GRANT bit.ly/4bSZgWP 🔗CELO | CEL2 COMING SOON bankless.cc/Celo 🏠 CASA | SECURE YOUR GENERATIONAL WEALTH bankless.cc/Casa 🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION bankless.cc/toku 🏙️ CONSENSUS | SAVE 20% WITH CODE BANKLESS bankless.cc/4aykesD ------ TIMESTAMPS 0:00 Intro 6:35 SEC vs. Ethereum 9:45 The Uniqueness of This Case 11:15 88,000 Pages to the SEC 12:11 SEC Going After Devs? 14:47 The Wells Notice 16:27 ETH ETF 17:58 Outcome of Consensys Winning 21:29 U.S. Law Process & Timeline 25:55 Ether Isn’t a Security 34:50 Gary’s Confidence Conspiracy 41:17 MetaMask Isn’t a Broker Dealer 47:10 What is Prometheum? 51:10 How Can the SEC Win? What Happens to Crypto? 55:49 What the Crypto Community Can Do 59:50 What Happens Next? 1:03:15 Closing & Disclaimers ------ RESOURCES Consensys Complaint consensys.io/crypto-regulations/defend-ethereum assets.ctfassets.net/gjyjx7gst9lo/Bu1bK7DF3tSig9Atde0lM/2fcaadea2b111a8c3f3ebce4a6a2386c/Consensys_sues_the_SEC_in_defense_of_the_Ethereum_ecosystem.pdf Joe Lubin twitter.com/ethereumjoseph Matt Corva twitter.com/MattCorva ------ Not financial or tax advice. See our investment disclosures here: www.bankless.com/disclosures

Bankless Friday Weekly Rollup Last Week Of April ------ 🔐 SAFE | USE SAFE, GET REWARDED. CHECK OUT SAFE PASS bankless.cc/SafePass_pod ------ BANKLESS SPONSOR TOOLS: 🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE k.xyz/bankless-pod-q2 ⁠ 🔗CELO | CEL2 COMING SOON bankless.cc/Celo ⚖️ARBITRUM | SCALING ETHEREUM ⁠bankless.cc/Arbitrum 🔐 SAFE | USE SAFE, GET REWARDED bankless.cc/SafePass_NL 🛞MANTLE | MODULAR LAYER 2 NETWORK bankless.cc/Mantle 🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION bankless.cc/toku 🏙️ CONSENSUS | SAVE 20% WITH CODE BANKLESS bankless.cc/4aykesD ------ TIMESTAMPS & RESOURCES 0:00 Intro 4:19 Markets - Thanks Kraken 5:39 Total Crypto Market Cap 5:46 L2 Update - Brought to you by Mantle l2beat.com/scaling/costs 7:42 10M active wallets are using Ethereum ecosystem every week! twitter.com/RyanSAdams/status/1782756457915506876 8:19 Base is the #2 chain for USDC Supply - Coinbase trying make a payment chain vxtwitter.com/jessepollak/status/1783503518156136498 9:48 ENTER RUNES Runes changed the game for a day twitter.com/mikealfred/status/1781684678782791830 www.okx.com/web3/marketplace/runes?channelid=ACEAP6502255 twitter.com/ercwl/status/1782029205770744125?s=46 twitter.com/hlopez_/status/1781501372200059336 ycharts.com/indicators/bitcoin_average_transaction_fee 22:56 ETF INFLOWS: The inflows into BTC spot ETFs are not back yet twitter.com/carpenoctom/status/1783327357652042187 x.com/EricBalchunas/status/1782740051929006496 www.coindesk.com/business/2024/04/20/grayscale-reveals-015-fees-for-its-bitcoin-mini-tr twitter.com/thomas_fahrer/status/1781809562070442047 28:03 Q1 ‘24 income statements for Ethereum and MakerDAO twitter.com/tokenterminal/status/1782858613943321016 33:01 CZ might spend 3 years in prison twitter.com/johnreedstark/status/1783107482325225947 twitter.com/rizzn/status/1783199755541066103 storage.courtlistener.com/recap/gov.uscourts.wawd.328570/gov.uscourts.wawd.328570.8 twitter.com/RyanSAdams/status/1783195468840697896 40:21 Samourai wallet founders arrested twitter.com/RyanSAdams/status/1783222828361281847 www.justice.gov/usao-sdny/pr/founders-and-ceo-cryptocurrency-mixing-service-arrested-and-charged-money-laundering x.com/RyanSAdams/status/1783254322894999978 46:39 Consensys sues SEC twitter.com/fintechfrank 52:56 Renzo announced its token launch! x.com/RenzoProtocol/status/1783277589525594231 www.bankless.com/renzo-madness twitter.com/DefiIgnas/status/1783083767449432189 twitter.com/dcfgod/status/1782978862772814000?ref=bankless.ghost.io twitter.com/Ian_Unsworth/status/1783163546857099730 58:57 Telegram allows USDT payments twitter.com/ton_blockchain/status/1781294475219812665 twitter.com/cstanley/status/1782459974313988281 twitter.com/dannypostmaa/status/1783541623839740030 1:00:17 OP is releasing its multichain upgrade! twitter.com/OPLabsPBC/status/1780987940526534943 1:01:09 Liam Shiba Inu raised $12M for its new chain x.com/treatsforShib/status/1782490407655592242 shibarium.shib.io/ 1:02:32 Lido is starting with DVT - Stake with friends - making lido more decentralized? twitter.com/LidoFinance/status/1780317961854636384 1:04:13 IRS keeps labeling self-custody wallets as brokers twitter.com/valkenburgh/status/1781380879476043940 www.irs.gov/pub/irs-dft/f1099da--dft.pdf twitter.com/TheCryptoCPA/status/1781403340045197813 twitter.com/jchervinsky/status/1782061785119367284 x.com/lex_node/status/1782050294429319545 1:08:09 Raises and BVC Investments Movement Series A x.com/movementlabsxyz/status/1783511681928175791 Othentic raised $4M in their seed round - RaaS for Eigen Apps twitter.com/0xOthentic/status/1782378684369739781 1:11:23 MEME of the Week polymarket.com/event/nic-carter-vs-david-hoffman-Fight?tid=1714065541205 x.com/nic__carter/status/1781676895291015477 1:15:00 Closing & Disclaimers ------ Not financial or tax advice. See our investment disclosures here: www.bankless.com/disclosures⁠

Today we explore David's idea that this cycle is cooked and Ryan has some question starting with... what does that even mean? On this week's episode of Bankless Takes we answer that question and so much more as we take a deep dive into token distributions and how they're playing out this time around. ------ 📣 TRANSPORTER - SECURED BY CHAINLINK CCIP | TRY IT OUT www.transporter.io/ ------ BANKLESS SPONSOR TOOLS: 🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE k.xyz/bankless-pod-q2 🔗CELO | CEL2 COMING SOON bankless.cc/Celo ⚖️ARBITRUM | SCALING ETHEREUM ⁠bankless.cc/Arbitrum 🛞MANTLE | MODULAR LAYER 2 NETWORK bankless.cc/Mantle 🏠 CASA | SECURE YOUR GENERATIONAL WEALTH bankless.cc/Casa 🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION bankless.cc/toku 🌐 CARTESI | APPLY FOR A GRANT bankless.cc/CartesiGovernance ------ TIMESTAMPS 00:00 Intro 01:30 Why Record This Episode? 06:01 Why There Are Structurally Bad Vibes 15:47 Why it's Like This 29:14 The Problem With The Points Meta 38:29 Recent Airdrop Issues 47:21 Where Do We Go From Here? ------ RESOURCES VC Capital - imgur.com/KKqMWBe Sell Pressure - twitter.com/pythianism/status/1784958268420522195 Chris Dixon Take - a16zcrypto.com/posts/article/memecoins-tokens-regulation-policy/ LayerZero - x.com/LayerZero_Labs/status/1786441554816532646 Hayden Take - twitter.com/haydenzadams/status/1786784808187621874 ------ Not financial or tax advice. See our investment disclosures here: www.bankless.com/disclosures⁠

Eigenlayer token details are here! Don’t call it an Airdrop - This is a Stakedrop — because that’s the only thing you can do with your EIGEN tokens out of the gate. 15% of the total Supply of Eigen distributed over multiple Seasons, Season 1 starts today with 5% of the supply, and one of the most sophisticated set of smart contracts on Mainnet. EIGEN is not your typical ERC20 token. It’s got this feature called “Intersubjective Forking” that increases the scope of what Eigenlayer can provide security for. In addition to the token details getting released, we’re also getting the Eigen Foundation, with a new director Robert Drost - who joins Sreeram today to walk us through everything you need to know. Foundation Page: eigenfoundation.org/ Claims Page: claims.eigenfoundation.org/ ------ 🏹 USE PODCAST24 FOR 10% OFF bankless.cc/Citizen2024 ------ 🎧 Listen On Your Favorite Podcast Player: bankless.cc/Podcast ------ BANKLESS SPONSOR TOOLS: 🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE k.xyz/bankless-pod-q2 ⁠ 🔗CELO | CEL2 COMING SOON bankless.cc/Celo ⚖️ARBITRUM | SCALING ETHEREUM ⁠bankless.cc/Arbitrum 🛞MANTLE | MODULAR LAYER 2 NETWORK bankless.cc/Mantle 🔐 SAFE | USE SAFE, GET REWARDED bankless.cc/SafePass_pod 🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION bankless.cc/toku 🏙️ CONSENSUS | SAVE 20% WITH CODE BANKLESS bankless.cc/4aykesD ------ TIMESTAMPS 00:00:00 Start 00:03:39 What is a Stakedrop? 00:08:51 Allocation Details 00:15:53 Phase 1 and Phase 2 00:19:38 Locked Token Utility 00:24:30 When Are Tokens Unlocked? 00:31:04 Intersubjective Forking 00:36:30 Building WWIII Resistance 00:42:15 History Behind Their Decision 00:53:03 Eigenlayer Foundation 00:56:38 Future of Points 00:58:38 US Citizens Blocked 01:01:47 Token Allocation Thoughts 01:05:10 What's Next? ------ RESOURCES Foundation Page: eigenfoundation.org/ Claims Page: claims.eigenfoundation.org/ ------ Not financial or tax advice. See our investment disclosures here: www.bankless.com/disclosures⁠

Bankless Friday Weekly Rollup First Week Of May ------ 📣 TRANSPORTER - SECURED BY CHAINLINK CCIP | TRY IT OUT www.transporter.io ------ BANKLESS SPONSOR TOOLS: 🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE k.xyz/bankless-pod-q2 ⁠ 🛞MANTLE | MODULAR LAYER 2 NETWORK bankless.cc/Mantle 🌐 CARTESI | APPLY FOR A GRANT bankless.cc/CartesiGovernance 🔗CELO | CEL2 COMING SOON bankless.cc/Celo 🏠 CASA | SECURE YOUR GENERATIONAL WEALTH bankless.cc/Casa 🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION bankless.cc/toku ⚖️ARBITRUM | SCALING ETHEREUM ⁠bankless.cc/Arbitrum ------ TIMESTAMPS & RESOURCES 00:00:00 Start 00:01:04 David's Eye Update x.com/TrustlessState/status/1783846598813814785 00:05:52 Markets pro.kraken.com/app/trade/btc-usd pro.kraken.com/app/trade/eth-usd twitter.com/nicrypto/status/1785607112682246286 00:11:17 BTC Miners Struggling twitter.com/RhoRider/status/1784720608691159410 00:13:55 BTC to $3.8 Million? twitter.com/DeItaone/status/1785695402819207296 00:18:52 Solana Season Over? x.com/0xGumshoe/status/1784240017017069849 00:25:31 The $EIGEN StakeDrop twitter.com/eigenfoundation/status/1785000124646572108 00:30:31 The 2 Token Model imgur.com/YE7PBL3 00:34:36 Distribution Details imgur.com/y7BEqUu 00:39:29 Locked Tokens x.com/TrustlessState/status/1785729436895084571 x.com/TrustlessState/status/1785729436895084571 00:47:33 Eigen Team Perspective twitter.com/jchervinsky/status/1785373696862924997 00:56:51 Industrial Airdrop Farmers twitter.com/Takuiten/status/1785220889161998635 01:01:05 CZ Sentenced to Jail x.com/BitcoinMagazine/status/1785384669812273570 x.com/cz_binance/status/1785465555899822488 twitter.com/MikeIppolito_/status/1785388427849961678 01:08:48 Stripe Crypto Support x.com/collision/status/1783559623511011535 twitter.com/RyanSAdams/status/1783854777622724683 01:10:55 Visa's Onchain Dashboard twitter.com/cuysheffield/status/1783471909533106610 01:12:04 $USDC overtakes Tether visaonchainanalytics.com/transactions x.com/paoloardoino/status/1785645617651274040 01:13:42 Tokenizing Treasuries www.franklintempleton.com/press-releases/news-room/2024/franklin-templeton-announces-availability-of-peer-to-peer-transfers-for-franklin-onchain-u.s.-government-money-fund 01:14:55 AAVE V4 x.com/aave/status/1785749923893223485 01:17:22 Coinbase Integrates Lightning Network www.coinbase.com/blog/coinbase-integrates-bitcoins-lightning-network-in-partnership-with 01:17:58 The War on Crypto consensys.io/blog/consensys-suing-sec-to-defend-ethereum-ecosystem www.ic3.gov/Media/Y2024/PSA240425 twitter.com/RyanSAdams/status/1783586883194265820 01:22:12 Square and Cash App Investigated x.com/RyanSAdams/status/1785751225062809832 01:22:56 Roger Ver Tax Fraud www.justice.gov/opa/pr/early-bitcoin-investor-charged-tax-fraud 01:24:37 Etherscan Bankless Partnership! twitter.com/etherscan/status/1785357882181214215 01:25:42 Meme of The Week x.com/dabit3/status/1785886486165942380 ------ Not financial or tax advice. See our investment disclosures here: www.bankless.com/disclosures⁠

An in person interview with presidential candidate RFK Jr. who shares his takes and policies on the state of crypto in the United States.

To learn more, visit www.kennedy24.com/

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Not financial or tax advice. See our investment disclosures here:
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Bankless Friday Weekly Rollup Last Week of March, 2024 ------ 🖼️ NFTFi Borrow ETH or USDC with an NFT at bankless.cc/NFTFi_pod Check their rewards program at: bankless.cc/NFTfi_rewards_pod ------ 📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24 bankless.cc/spotify-premium ------ BANKLESS SPONSOR TOOLS: 🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE k.xyz/bankless-pod-q2 ⁠ 🔗CELO | CEL2 COMING SOON bankless.cc/Celo 🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION bankless.cc/toku 🛞MANTLE | MODULAR LAYER 2 NETWORK bankless.cc/Mantle 💸 CRYPTO TAX CALCULATOR | USE CODE BANK30 bankless.cc/CTC 🦄 UNISWAP | SWAP SMARTER bankless.cc/uniswap ------ TIMESTAMPS & RESOURCES 0:00 Intro 3:45 BTC ETF dune.com/hildobby/btc-etfs x.com/WatcherGuru/status/1773069643923570968 twitter.com/ki_young_ju/status/1772916778621919490 7:28 ETH ETF Update twitter.com/WatcherGuru/status/1772999593577390172 x.com/CraigSalm/status/1772360837094691302 x.com/EricBalchunas/status/1772372601098162624 dune.com/21co/tokenization-government-securities 13:00 L2 Update x.com/RyanSAdams/status/1772721673541747099 14:30 BASE TVL: l2beat.com/scaling/projects/base x.com/Uniswap/status/1773375430285799546 x.com/MSilb7/status/1770621672237720001 www.growthepie.xyz/chains/base x.com/0x_Osprey/status/1773044075802849391 imgur.com/8GiwM4e x.com/base/status/1772767382362055097 twitter.com/jessepollak/status/1773085753850925073 x.com/jessepollak/status/1773099759235993725 twitter.com/maxbranzburg/status/1772716138499039612 twitter.com/hildobby_/status/1772775087562764791 x.com/TrustlessState/status/1772736730623332673 23:45 Markets twitter.com/TimmerFidelity/status/1772645291088388128 twitter.com/BrantlyMillegan/status/1772314510088409382 29:50 Blob demand skyrocketing - is it too much for Ethereum to handle? twitter.com/nero_eth/status/1771198600405463531 x.com/hildobby_/status/1773036022726627795 imgur.com/M8N9Plt x.com/ercwl/status/1773152515875340704 x.com/Data_Always/status/1773056653664940219 x.com/terencechain/status/1773123126202601942 x.com/peter_szilagyi/status/1773158997446557930 x.com/TrustlessState/status/1773160352479392107 38:23 Blast Controversy - Rollback the chain? twitter.com/PopPunkOnChain/status/1772746208047518025 twitter.com/zachxbt/status/1772843238539325947 twitter.com/0xquit/status/1772751865467596823 x.com/ercwl/status/1772781474867011752 x.com/_munchables_/status/1772846122236862789 x.com/PacmanBlur/status/1772871466935013701 twitter.com/nearisbuilding/status/1772866110733287466 twitter.com/jchervinsky/status/1772970536441713001 46:10 SBF Sentenced to 25 years x.com/innercitypress/status/1773376299626574125 blockworks.co/news/sam-bankman-fried-sentenced x.com/innercitypress/status/1773347397181092141 x.com/innercitypress/status/1773349731638394936 x.com/TrustlessState/status/1773358297308868973 x.com/crypto_bobby/status/1773358858678816783 x.com/Dogetoshi/status/1773370058892271763 53:57 Ethena is launching its token! twitter.com/ethena_labs/status/1773077170132320626 www.bankless.com/airdrop-hunter 55:23 Google integrated ENS into search! warpcast.com/sassal.eth/0x36e35d26 twitter.com/RyanSAdams/status/1773076211947765921 56:57 Did Coinbase lose to the SEC? x.com/RyanSAdams/status/1772984052653478333 x.com/iampaulgrewal/status/1772993916146479193 x.com/iampaulgrewal/status/1772993916146479193 twitter.com/jchervinsky/status/1772999508462309511 58:49 CFTC vs KuCoin www.coindesk.com/business/2024/03/26/crypto-exchange-kucoin-violated-anti-money-laundering-laws-us-charges/ twitter.com/jchervinsky/status/1772666739995595007 59:50 Kraken Financial, a state-chartered bank, is live! twitter.com/davidlripley/status/1770952985411301724 1:00:37 Raises and BVC Investments x.com/build_on_bob/status/1773020961597452634 twitter.com/SuccinctLabs/status/1770843544388771914 1:02:41 MEME of the Week twitter.com/liamihorne/status/1772363988757561474 1:03:23 Closing & Disclaimers 1:03:33 Moment of Zen x.com/outttoforderrr/status/1773020500060512767 ------ Not financial or tax advice. See our investment disclosures here: www.bankless.com/disclosures

We get back to basics on the show with Dan who answers some fundamental questions about DeFi and what it means to actually be a decentralized protocol. What are the threats to DeFi and how can we build a great decentralized future. ------ 📣 CONSENSYS | DILIGENCE FUZZING bankless.cc/diligence-fuzzing-pod ------ 🚀 Airdrop Alpha is waiting for you on Bankless.com bankless.cc/Alpha ------ BANKLESS SPONSOR TOOLS: 🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE k.xyz/bankless-pod-q2 🦊METAMASK LEARN | HELPFUL WEB3 RESOURCE bankless.cc/MetaMask ⚖️ ARBITRUM | SCALING ETHEREUM bankless.cc/Arbitrum 👾STADER LABS | ETHX LIQUID STAKING bankless.cc/Stader 🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION bankless.cc/Toku 🎮IMMUTABLE | GAMING ECOSYSTEM bankless.cc/Immutable 🛞MANTLE | MODULAR LAYER 2 NETWORK bankless.cc/Mantle ------ Topics Covered 0:00 Intro 3:34 Let's Talk About DeFi 8:09 Intro To Dan 10:51 What About DeFi is Broken? 15:05 Why is DeFi Vulnerable? 17:23 What is an Oracle? 20:12 What if Chainlink Goes Down? 27:08 What Does it Mean To Be DeFi? 33:17 What Apps Are Actually Decentralized? 41:15 How Dependancy Free Apps Emerge 45:36 Solving the Liquidity Issue 47:57 Bring Your Own Oracle 54:36 Is Orcale Free The Future? 59:35 Closing and Disclaimers ——— Resources: Dan Elitzer twitter.com/delitzer Why DeFi is Broken and How to Fix It, Pt 1: Oracle-Free Protocols www.nascent.xyz/idea/why-defi-is-broken-and-how-to-fix-it-pt-1-oracle-free-protocols Some of Dan’s favorites: Panoptic - twitter.com/Panoptic_xyz Timeless - twitter.com/Timeless_Fi Blend by Blur - twitter.com/blur_io ----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: www.bankless.com/disclosures

This was the 2nd largest bank failure in the United States! Ryan and David discuss the breaking story around the SVB banking crisis. What happened? Why? What's the effect on crypto, the rest of the financial markets, and the banking system? ------ 📣 RhinoFi | Makes DeFi Frictionless bankless.cc/rhino ------ 🚀 JOIN BANKLESS PREMIUM: www.bankless.com/join ------ BANKLESS SPONSOR TOOLS: ⚖️ ARBITRUM | SCALING ETHEREUM bankless.cc/Arbitrum 🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE bankless.cc/kraken 🦄UNISWAP | ON-CHAIN MARKETPLACE bankless.cc/uniswap 👻 PHANTOM | FRIENDLY MULTICHAIN WALLET bankless.cc/phantom-waitlist 🦊METAMASK LEARN | HELPFUL WEB3 RESOURCE bankless.cc/MetaMask 🚁 EARNIFI | CLAIM YOUR UNCLAIMED AIRDROPS bankless.cc/earnifi ----- Timestamps: 0:00 Intro 10:50 Recap twitter.com/biancoresearch/status/1634885127179325440 22:40 Balaji twitter.com/balajis/status/1634297491507273730 28:05 Joint Statement from FDIC, Fed, Treasury home.treasury.gov/news/press-releases/jy1337 32:40 Silvergate says it would have been fine twitter.com/tarunchitra/status/1635130119030468608 36:25 Bank Stocks Today twitter.com/krugermacro/status/1635272871563132928 37:10 Circuit Breaker Day twitter.com/EricBalchunas/status/1635277429932699650 38:14 XLF Banking sector: www.tradingview.com/chart/pabiN1CM/?symbol=AMEX%3AXLF 38:37 Two Tiers of Banks twitter.com/DavidSacks/status/1634991519735361536 39:25 Jake: “Will regulators get in the way of other banks providing services to crypto customers?" twitter.com/jchervinsky/status/1635062063583363072 Yano gives 6 options twitter.com/JasonYanowitz/status/1635092782665846784 42:40 Effect on USDC twitter.com/circle/status/1634391505988206592 DAI too imgur.com/r52CCX1 44:40 Chadallaire twitter.com/jerallaire/status/1635059024050937856?s=20 48:20 $USDC:USD conversions are good to go twitter.com/coinbase/status/1635276541545566215?s=20 52:20 10 yr yield down twitter.com/Fxhedgers/status/1635283433684627457 52:50 Pricing in new interest rates twitter.com/tier10k/status/1635218135405195264 57:20 Meanwhile, crypto: twitter.com/Matt_Hougan/status/1635283436981358595 58:25 Kraken Crypto Prices: pro.kraken.com/app/trade/ETH-usd 59:45 Banks down, Bankless up twitter.com/DaRealMilkBagz/status/1635317764306112520 1:00:00 Binance buying 1 billy BTC twitter.com/cz_binance/status/1635131601884700674 1:01:07 NLW Meme twitter.com/nlw/status/1635283902339375106 1:03:29 Quintenz twitter.com/brianquintenz/status/1634173078828621825 1:04:00 Attack on Crypto? twitter.com/nic__carter/status/1635328056234766337 1:04:37 Don’t let them blame this on crypto twitter.com/RyanSAdams/status/1635058083071410176?s=20 twitter.com/TrustlessState/status/1635049623407726596?s=20 1:05:05 Memes twitter.com/ErikVoorhees/status/1635282975100407812?s=20 twitter.com/milesjennings/status/1635319531790045184?s=20 1:05:50 Closing & Disclaimers ----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: www.bankless.com/disclosures

Terra is exploding. Do Kwon and the Terra ecosystem are turning Bitcoin into their collateral asset of choice to backstop LUNA and the UST stablecoin. Over the last several weeks, the Luna Foundation Guard (LFG) have bought over 30,000 BTC... and they don't plan to stop there. As the LFG climbs the ranks of bitcoin holders, Do Kwon has started playing empire games—claiming victory over the Curve Wars with the 4pool (which contains UST, Frax, $USDC, and USDT), calling for the end of DAI, and attempting to build out the Terra ecosystem as the ultimate power in the universe. Is Terra (UST) the future of crypto money? Or is it a ticking time bomb waiting to explode? Perhaps the truth is somewhere in the middle, so we're going to debate it. From the bull side is Delphi Digital's José Maria Macedo, and representing the skeptics is Selini Capital's Jordi Alexander. ------ CONSENSYS | M·A·C: NFT Collection for a Good Cause bankless.cc/MAC ------ SUBSCRIBE TO NEWSLETTER: newsletter.banklesshq.com/ ️ SUBSCRIBE TO PODCAST: podcast.banklesshq.com/ ------ BANKLESS SPONSOR TOOLS: ️ ARBITRUM | SCALED ETHEREUM bankless.cc/Arbitrum ACROSS | BRIDGE TO LAYER 2 bankless.cc/Across ALTO IRA | TAX-FREE CRYPTO bankless.cc/AltoIRA AAVE V3 | LEND & BORROW CRYPTO bankless.cc/aave ️ MAKER DAO | THE DAI STABLECOIN bankless.cc/MakerDAO BRAVE | THE BROWSER NATIVE WALLET bankless.cc/Brave ------ Timestamps: 0:00 Intro 7:30 LUNA/UST Fundamental Properties 15:15 The Balance Between LUNA/ETH 20:00 Why Bullish/Bearish? 25:28 Why is UST a Successful Stable? 30:19 Are Algo-Stablecoins Unstable? 42:25 Anchor's Utility 48:02 Do Kwon $10B Purchase of LUNA 52:02 Is UST Becoming a Bank? 57:00 Risks of De-pegging 1:06:30 Has LUNA/UST Been Tested? 1:15:00 Do Kwon & Decentralization 1:27:50 Do Kwon's 4pool 1:39:05 Potential Nightmare Scenarios 1:48:04 Closing Arguments ------ Resources: Jordi Alexander CIO of Selini Capital twitter.com/gametheorizing Jose Macedo Founding Partner, Delphi Digital twitter.com/zemariamacedo ----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: newsletter.banklesshq.com/p/bankless-disclosures

✨ DEBRIEF ✨ | Ryan & David's Unfiltered Thoughts on the Episode shows.banklesshq.com/p/114-vitalik-debrief ---- Vitalik returns to Bankless once again—this time to defend Bitcoin Maximalism of all things. On April Fools Day this year, Vitalik posted an article to his blog titled 'In Defense of Bitcoin Maximalism,' but instead of being a pure troll, the Ethereum Founder approached the piece with truth and crafted a salient & compelling argument. By steel-manning maximalism, Vitalik lays out a very reasonable case for the merits intolerance and toxicity. Philosophical and contrarian episodes like these help us understand the industry better, encouraging empathy for all sides of the debate. We explore this in context of Ethereum maximalism as well, and Vitalik offers some sage advice to Bankless. This conversation is far more philosophy-based than tech-based, but as we've seen, Vitalik is as comfortable in this setting as he is discussing the latest EIPs or protocol upgrades. Also, Vitalik spills the tea on Twitter's new favorite drink—the VB. ------ 📣 THE GRAPH | Graph Day in San Francisco | June 2-5 bankless.cc/GraphDay ------ 🚀 SUBSCRIBE TO NEWSLETTER: newsletter.banklesshq.com/ 🎙️ SUBSCRIBE TO PODCAST: podcast.banklesshq.com/ ------ BANKLESS SPONSOR TOOLS: ⚖️ ARBITRUM | SCALED ETHEREUM bankless.cc/Arbitrum ❎ ACROSS | BRIDGE TO LAYER 2 bankless.cc/Across 🏦 ALTO IRA | TAX-FREE CRYPTO bankless.cc/AltoIRA 👻 AAVE V3 | LEND & BORROW CRYPTO bankless.cc/aave ⚡️ LIDO | LIQUID ETH STAKING bankless.cc/lido 🔐 LEDGER | NANO S PLUS WALLET bankless.cc/Ledger ------ Topics Covered: 0:00 Intro 8:30 Green Tea and Twitter Hate 15:47 The April Fools Article 22:35 Crypto Grifters and Security 29:22 Taking Responsibility 37:19 Performative Weirdness 43:33 The Culture Stack 49:14 Value Tradeoffs 53:40 Lessons from BTC Maximalism 57:45 Why Maximalism is Good 1:02:30 Why Maximalism is Ridiculous 1:12:16 The Best of Both Worlds 1:16:10 Bored Weird Vitalik NFTs 1:23:05 Spotlights vs Insults 1:29:30 ETH Maximalism 1:39:41 Advice for Bankless 1:45:15 Composability & Onboarding 1:53:00 The Middle Path ------ Resources: Vitalik on Twitter: twitter.com/VitalikButerin Vitalik's Blog Post: vitalik.ca/general/2022/04/01/maximalist.html Time Magazine: time.com/6158182/vitalik-buterin-ethereum-profile/ Survive, Thrive Theory of the Political Spectrum: slatestarcodex.com/2013/03/04/a-thrivesurvive-theory-of-the-political-spectrum/ Bored Weird Vitalik Club: weirdvitalik.com/ ----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: newsletter.banklesshq.com/p/bankless-disclosures