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

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 ⁠

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 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.

------
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/

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.

------
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

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.

------
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/

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/

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.

------
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

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

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

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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

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RESOURCES:

Patrick on X: x.com/PatrickMcHenry