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The Ultimate Guide to Crypto Finance. Level up. Go bankless.
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Lyn Alden returns to the podcast, this time to discuss Inflation. Founder of Lyn Alden Investments, we keep coming back to Lyn because of her sharp analysis and compelling macro takes. We explore the three types of inflation, how they intersect and affect one another, and what this means for the global outlook of crypto and society. ------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/  🎖 CLAIM YOUR BADGE: https://newsletter.banklesshq.com/p/-guide-2-using-the-bankless-badge  ------ BANKLESS SPONSOR TOOLS: 💰 GEMINI | FIAT & CRYPTO EXCHANGE https://bankless.cc/go-gemini  🔀 BALANCER | EXCHANGE & POOL ASSETS https://bankless.cc/balancer  👻 AAVE | LEND & BORROW ASSETS https://bankless.cc/aave  🦄 UNISWAP | DECENTRALIZED FUNDING http://bankless.cc/uniswap  ------ Topics Covered: 0:00 Intro 6:00 Lyn Alden & Overview 10:08 Fiscal Policies & COVID 19:02 3 Types of Inflation 27:22 Ordering & Measuring 32:50 The Long Arc of History 40:57 Transitory or Permanent? 49:22 Wages vs Assets 56:08 The Effects of Inflation 1:00:00 Winners and Losers 1:09:40 A Global Perspective 1:16:40 The Death of Dollar Dominance 1:23:03 Multi-Polar Reserve Currency 1:27:50 COVID Delta Variant 1:32:57 Where Crypto Comes In 1:39:12 Ethereum & The Bull Market 1:45:34 Advice for Listeners 1:48:34 Closing & Disclaimers ------ Resources: Lyn on Twitter: https://twitter.com/LynAldenContact?s=20  Lyn's Website & Newsletter: https://www.lynalden.com/  ----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://newsletter.banklesshq.com/p/bankless-disclosures 
4th Week of July 2021 ------ BANKLESS SPONSOR TOOLS: 💰 GEMINI | FIAT & CRYPTO EXCHANGE https://bankless.cc/go-gemini  🔀 BALANCER | EXCHANGE & POOL ASSETS https://bankless.cc/balancer  👻 AAVE | LEND & BORROW ASSETS https://bankless.cc/aave  🦄 UNISWAP | DECENTRALIZED FUNDING http://bankless.cc/unigrants  ------ 📣 SMARTCON | Register for Smart Contract Summit 2021! https://bankless.cc/SmartCon  ------ Topics Covered 0:00 Intro 5:36 EIP 1559 and other PSAs 10:55 MARKETS 11:05 BTC Price Shorts: https://twitter.com/woonomic/status/1419621135373701123?s=20  14:02 ETH Price 14:42 BTC/ETH Ratio 15:34 DeFi Action 17:33 The BED Index https://www.indexcoop.com/bed  Pancake: https://twitter.com/xofee3/status/1419631884846387200?s=21  23:23 Axie Hasn’t Stopped https://www.coingecko.com/en/coins/axie-infinity  25:21 Optimism Revenue https://twitter.com/tokenterminal/status/1420053733052932097?s=21  26:06 Crypto Fees https://cryptofees.info/  27:00 1 in 10 Invested https://www.marketwatch.com/story/more-than-1-in-10-americans-invested-in-crypto-this-year-heres-how-they-differ-from-stock-market-investors-11626980261  29:00 RELEASES 30:55 Ultra Sound Summer https://twitter.com/BanklessHQ/status/1418660235393130502?s=20  34:00 Polygon $100M Gaming Fund https://twitter.com/_PolygonStudios/status/1417200733703720991  36:15 Aave Arc https://twitter.com/HsakaTrades/status/1418276172396306432?s=20  38:45 Fractional NFTs https://twitter.com/fractional_art/status/1419696688302854146?s=20  41:22 Binance & Polygon https://twitter.com/MihailoBjelic/status/1420328228795846658  42:55 Etherscan ‘Blockscan’ Upgrade  https://twitter.com/etherscan/status/1419985650632122369  44:45 Rabby Wallet https://medium.com/@rabby_io/rabby-release-announcement-564406988e2b  47:00 Lyra DAO https://blog.lyra.finance/lyra-dao-raises-3-3m/  49:27 Fireblocks $310M https://cointelegraph.com/news/blockchain-unicorn-fireblocks-raises-310m  50:33 Crypto Jobs https://pallet.xyz/list/bankless/jobs  52:10 NEWS 52:20 PayPal Super App https://cointelegraph.com/news/paypal-s-crypto-super-app-set-to-roll-out-soon  56:10 Amazon Hiring https://www.amazon.jobs/en/jobs/1644513/digital-currency-and-blockchain-product-lead  57:10 Jack ETH Troll https://twitter.com/jack/status/1418344349289566212?s=21  Community: https://twitter.com/coingecko/status/1418406317903863809?s=20  1:00:35 Uniswap Front End https://uniswap.org/blog/token-access-app/  2019: https://newsletter.banklesshq.com/p/unstoppable-liquidity-market-monday-8d6  1:08:14 Reddit on Arbitrum https://twitter.com/arbitrum/status/1418260889698983936?s=20  1:11:50 Media’s Behind https://twitter.com/wongisrite/status/1419790042537496581?s=20  1:13:40 BitGo & Index Coop https://blockworks.co/bitgo-and-index-coop-partner-to-build-blue-chip-experience-for-defi-investment/  1:15:05 Shopify NFTs https://www.coindesk.com/shopify-to-allow-merchants-to-sell-nfts-directly-through-their-stores  1:22:25 Stonercats https://www.coindesk.com/vitalik-buterin-joins-cast-of-stoner-cats-mila-kunis-new-animated-nft-show  1:24:50 Coca-Cola NFTs https://www.theblockcrypto.com/post/112779/coca-cola-creates-its-first-collection-of-brand-inspired-nfts  1:25:29 Pplpleasr Fortune Magazine https://twitter.com/pplpleasr1/status/1420780214175555585  1:26:53 Elizabeth Warren, Shadowy Super Coders https://decrypt.co/76997/elizabeth-warren-crypto-big-banks-shadowy-super-coders  Letter: https://www.warren.senate.gov/imo/media/doc/FSOC%20Crypto%20Letter%2007.26.2021.pdf  1:31:30 Infrastructure Bill https://www.theblockcrypto.com/linked/112877/white-house-says-crypto-tax-enforcement-will-help-pay-for-bipartisan-infrastructure-deal  Meme: https://twitter.com/sassal0x/status/1420769026804912131?s=20  Coin Center: https://twitter.com/jerrybrito/status/1420724068286926853?s=20  1:35:14 News Quick Takes 1:37:30 Goldman Sachs DeFi ETF https://www.coindesk.com/goldman-sachs-applies-for-defi-etf  1:40:00 TAKES 1:41:00 Facebook Metaverse https://twitter.com/ClaireSilver12/status/1418268267483996168  1:43:38 Regulatory Own Goal https://twitter.com/runekek/status/1419388578585513985?s=21  1:45:45 Gaming is Next https://twitter.com/tokenterminal/status/1418699352521035779?s=20  1:46:43 ETH vs. Commodities https://twitter.com/sassal0x/status/1419942343608729601?s=20  1:47:49 What David’s Excited About 1:48:30 What Ryan’s Excited About 1:50:38 MEME of the Week https://twitter.com/BanklessHQ/status/1418368850052096003?s=20  ----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://newsletter.banklesshq.com/p/bankless-disclosures 
NFTs have exploded in 2021, but many coveted pieces are far out of the price range of average DeFi citizens. Enter Fractional, the new protocol for buying, selling, and minting fractions of NFTs. This breaks apart NFTs and allows anyone to unlock NFT liquidity and open the door for community involvement. To detail this step forward in crypto culture, we bring on Fractional lead dev @Andy8052 for a Live AMA. ------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/ 🎙 SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/ 🏅CLAIM YOUR BADGE: https://newsletter.banklesshq.com/p/-guide-2-using-the-bankless-badge ------ BANKLESS SPONSOR TOOLS: ⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum 🍵 MATCHA | DECENTRALIZED EXCHANGE AGGREGATOR https://bankless.cc/Matcha 🔐 LEDGER | SECURE YOUR ASSETS https://bankless.cc/Ledger 🦄 UNISWAP | DECENTRALIZED FUNDING https://bankless.cc/UniGrants ------ 📣 SMARTCON | Register for Smart Contract Summit 2021! https://bankless.cc/SmartCon ------ Resources: Andy on Twitter https://twitter.com/andy8052?s=20 Fractional https://fractional.art/ ------ Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://newsletter.banklesshq.com/p/bankless-disclosures  
Index Coop is a DAO focused on making fully decentralized crypto index products, like the DPI (DeFi Pulse Index). Recently, the Index Coop teamed up with Bankless DAO to launch the BED Index: 1/3 Bitcoin, 1/3 Ether, and 1/3 DPI. Products like these make it easier than ever to get some skin in the game, so Do Your Own Research, and learn why the future of finance is decentralized. For this week's State of the Nation, we bring on four core contributors of Index Coop to walk us through it. Live on Tuesday at 11am PST / 2pm EST! ------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/  🎖 CLAIM YOUR BADGE: https://newsletter.banklesshq.com/p/-guide-2-using-the-bankless-badge  ------ BANKLESS SPONSOR TOOLS: ⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum  🍵 MATCHA | DECENTRALIZED EXCHANGE AGGREGATOR https://bankless.cc/Matcha  🔐 LEDGER | SECURE YOUR ASSETS https://bankless.cc/Ledger  🦄 UNISWAP | DECENTRALIZED FUNDING https://bankless.cc/UniGrants  ------ 📣 SMARTCON | Register for Smart Contract Summit 2021! https://bankless.cc/SmartCon  ------ Resources: Index Coop: https://www.indexcoop.com/  Announcing the BED Index: https://medium.com/indexcoop/recommending-crypto-to-friends-family-just-became-10x-easier-ccb57ea1903a  Verto on Twitter: https://twitter.com/verto0912?s=20  BigSky on Twitter: https://twitter.com/BigSky_7?s=20  Dark Forest Capital on Twitter: https://twitter.com/DarkForestCap?s=20  LemonadeAlpha on Twitter: https://twitter.com/AlphaLemonade?s=20  ----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://newsletter.banklesshq.com/p/bankless-disclosures 
Did you miss out on ETHCC? Here's the antidote to your FOMO. David interviews 9 thought leaders and builders about the conference, Paris, and the broader Ethereum Community. ------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/  🎖 CLAIM YOUR BADGE: https://newsletter.banklesshq.com/p/-guide-2-using-the-bankless-badge  ------ BANKLESS SPONSOR TOOLS: ⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum  🍵 MATCHA | DECENTRALIZED EXCHANGE AGGREGATOR https://bankless.cc/Matcha  🔐 LEDGER | SECURE YOUR ASSETS https://bankless.cc/Ledger  🦄 UNISWAP | DECENTRALIZED FUNDING https://bankless.cc/UniGrants  ------ 📣 SMARTCON | Register for Smart Contract Summit 2021! https://bankless.cc/SmartCon  ------ Topics Covered: 0:00 Intro 2:00 What is ETHCC? 6:20 The Guests & The Vibe 10:23 The Community & Building 13:55 BTC Miami & ETH CC 20:15 Ethereum Documentary 23:34 Paris, Parties, and Culture 29:00 Vitalik Buterin 32:40 The Magnitude of ETH 39:05 What Vitalik’s Thinking About 42:26 Ethereum’s Social Layer 45:07 Stani Kulechov 48:38 What’s New This Conference? 51:45 Aave Ark (FKA Aave Pro) 54:24 rAAVE 57:12 The Magnitude of Aave 1:00:50 Kain Warwick 1:03:08 What’s Different This Time? 1:06:00 Around the Community 1:10:13 Jerome de Techey 1:15:00 Conferences and Community 1:20:00 What’s Great About ETHCC? 1:24:05 Aya Miyaguchi 1:27:18 The Ethereum Community 1:31:24 The Infinite Garden 1:36:00 Cooper Turley 1:40:09 The ETHCC Vibe 1:42:20 Simona Pop 1:47:40 Status 1:57:22 Joseph Delong 2:00:17 SushiSwap Roadmap 2:04:22 Jordi Baylina 2:08:00 The Hermez Network 2:11:58 Layer 2 vs Sidechain ------ Resources: Vitalik on Twitter: https://twitter.com/VitalikButerin?s=20  Stani on Twitter: https://twitter.com/StaniKulechov?s=20  Kain on Twitter: https://twitter.com/kaiynne?s=20  Jerome on Twitter: https://twitter.com/jdetychey?s=20  Aya on Twitter: https://twitter.com/AyaMiyagotchi?s=20  Cooper on Twitter: https://twitter.com/Cooopahtroopa?s=20  Simona on Twitter: https://twitter.com/Sim_Pop?s=20  Joseph on Twitter: https://twitter.com/josephdelong?s=20  Jordi on Twitter: https://twitter.com/jbaylina?s=20  ----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://newsletter.banklesshq.com/p/bankless-disclosures 
3rd Week of July ------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/  🎖 CLAIM YOUR BADGE: https://newsletter.banklesshq.com/p/-guide-2-using-the-bankless-badge  ------ BANKLESS SPONSOR TOOLS: ⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum  🍵 MATCHA | DECENTRALIZED EXCHANGE AGGREGATOR https://bankless.cc/Matcha  🔐 LEDGER | SECURE YOUR ASSETS https://bankless.cc/Ledger  🦄 UNISWAP | DECENTRALIZED FUNDING https://bankless.cc/UniGrants  ------ 📣 SMARTCON | Register for Smart Contract Summit 2021! https://bankless.cc/SmartCon  ------ Topics Covered: 0:00 Intro 2:20 MARKETS 2:32 BTC Price 3:20 ETH Price 5:25 Google Search Trends https://coinmetrics.substack.com/p/coin-metrics-state-of-the-network-7e2  8:18 Market Cycles https://twitter.com/LilMoonLambo/status/1417483927132987403?s=20  11:00 ETH/BTC Ratio 12:20 DeFi Action 13:22 Institutional Demand Bad: https://cointelegraph.com/news/institutional-demand-for-bitcoin-evaporates-as-btc-struggles-below-31k  Good: https://blockworks.co/fidelity-71-of-institutional-investors-plan-to-buy-crypto/?oly_enc_id=9918E2523689A0T  17:00 UNI Token https://twitter.com/tokenterminal/status/1404045729560150017?s=20  21:00 RELEASES 22:00 BED Index https://www.tokensets.com/v2/set/ethereum/0x2aF1dF3AB0ab157e1E2Ad8F88A7D04fbea0c7dc6  25:07 SushiSwap Trident https://twitter.com/Blockanalia/status/1417460991940571136?s=20  Rivalry: https://twitter.com/josephdelong/status/1391083986181525508?s=20  28:48 ETH Issuance Model https://twitter.com/RyanSAdams/status/1416022071914729473?s=20  31:35 Yearn Risk Dashboard https://twitter.com/bantg/status/1416103246670749698?s=21  34:15 Grayscale DeFi https://www.globenewswire.com/news-release/2021/07/19/2264846/0/en/Grayscale-Investments-and-CoinDesk-Indexes-Launch-Decentralized-Finance-DeFi-Fund-and-Index.html  37:12 OKEx Polygon https://twitter.com/JayHao8/status/1415214114654224385?s=20  38:45 Axe DogeSpray https://twitter.com/AXE/status/1417175117440995328  40:26 Immutable - IMX https://twitter.com/Immutable/status/1418032781343428613  42:11 Visor Finance Raise https://twitter.com/VisorFinance/status/1417093827295334400?s=20  43:56 OpenSea Raise https://twitter.com/theblock__/status/1417462989888835584?s=21  45:03 FTX Valued at $18B https://www.wsj.com/articles/crypto-exchange-ftx-valued-at-18-billion-in-funding-round-11626800455  46:13 Jobs https://pallet.xyz/list/bankless/jobs  47:00 NEWS 47:20 The B Word Conference https://www.theblockcrypto.com/post/112158/elon-musk-says-spacex-owns-bitcoin-and-he-owns-ethereum-in-jack-dorsey-talk  49:30 ETH Settling $8T https://twitter.com/RyanSAdams/status/1415737374194249729?s=20  52:22 Decentralizing Maker https://blog.makerdao.com/makerdao-has-come-full-circle/  Legacy: https://twitter.com/RyanWatkins_/status/1417626182875586563?s=20  57:29 Infinite Garden Doc https://twitter.com/ljxie/status/1416202730687717377  58:38 Masterpiece https://masterpiece.so/  59:18 Jack, BTC, Square https://cointelegraph.com/news/defi-on-bitcoin-jack-dorsey-launches-new-square-division-to-make-it-easy  1:01:20 USDC & Mastercard https://www.circle.com/blog/mastercard-taps-circle-for-usdc-settlement-pilot  What’s in USDC: https://cointelegraph.com/news/auditors-reveal-usdc-backing-as-jim-cramer-sounds-alarm-over-tether-s-mad-money  1:04:34 Tether https://www.coindesk.com/tether-executives-cnbc-tech-check  1:07:30 New Jersey & BlockFi https://twitter.com/jchervinsky/status/1417499622319210508?s=20  1:09:15 Binance Ditching Stock Tokens https://www.reuters.com/world/china/binance-stops-selling-stock-tokens-after-regulatory-scrutiny-2021-07-16/  1:11:00 TAKES 1:12:00 2018 Bear Feels? https://twitter.com/mrjasonchoi/status/1415988858039062528?s=20  1:17:45 First New Asset Class https://twitter.com/QwQiao/status/1417081872467771397?s=20  1:18:20 Jake’s Concerned https://twitter.com/jchervinsky/status/1417928217550376960?s=20  1:20:58 100k Blocks Left https://twitter.com/preston_vanloon/status/1417551852577624077?s=20  1:21:47 Deflationary? https://twitter.com/TimBeiko/status/1415758024321372161  1:23:53 Vitalik Take https://pbs.twimg.com/media/E60ss3QWQAAZ3GY?format=jpg&name=large  1:27:45 David Take https://twitter.com/trustlessstate/status/1417886459907002376?s=21  1:29:00 What David’s Excited About 1:31:58 What Ryan’s Excited About 1:34:30 Meme of the Week ----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://newsletter.banklesshq.com/p/bankless-disclosures 
ShapeShift recently announced its plans to evolve into a community-owned, decentralized platform. In addition, they held the largest airdrop in crypto history with over 1 million eligible addresses. We bring on (former?) CEO Erik Voorhees to discuss the transition, and how it could be paving the way for all legacy corporations. The Future is DAO. ------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/  🎖 CLAIM YOUR BADGE: https://newsletter.banklesshq.com/p/-guide-2-using-the-bankless-badge  ------ BANKLESS SPONSOR TOOLS: ⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum  🍵 MATCHA | DECENTRALIZED EXCHANGE AGGREGATOR https://bankless.cc/Matcha   🔐 LEDGER | SECURE YOUR ASSETS https://bankless.cc/Ledger  🦄 UNISWAP | DECENTRALIZED FUNDING https://bankless.cc/UniGrants    ------ 📣 SMARTCON | Register for Smart Contract Summit 2021! https://bankless.cc/SmartCon  ------ Topics Covered: 0:00 Intro 8:00 Erik Voorhees & ShapeShift 11:54 The History of ShapeShift 21:04 DAO-ifying 27:10 The Model for Shape-Shifting 32:53 How to DAO 41:06 The FOX Token 47:25 The DAO Launch 52:35 The Regulation Threat 58:40 The Industry Overview 1:05:35 What Erik’s Excited About 1:08:10 A Word for First Cyclers 1:10:34 Closing & Disclaimers ------ Resources: Erik on Twitter: https://twitter.com/ErikVoorhees?s=20  FOX Airdrop: https://fox.shapeshift.com/airdrop  ShapeShift Discord: https://discordapp.com/invite/dVVkMhb  ----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://newsletter.banklesshq.com/p/bankless-disclosures 
Tarun Chitra is co-founder of Gauntlet, a financial modeling platform for crypto. Tarun is a thought leader in the space and is an expert in a variety of topics surrounding DeFi. This week, we discuss the history of electronic markets, and how we’re in the third wave of this phenomenon. Get this episode's exclusive debrief! 👀 https://shows.banklesshq.com/p/exclusive-debrief-the-history-of  ------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/  🎖 CLAIM YOUR BADGE: https://newsletter.banklesshq.com/p/-guide-2-using-the-bankless-badge  ------ BANKLESS SPONSOR TOOLS: ⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum  🍵 MATCHA | DECENTRALIZED EXCHANGE AGGREGATOR https://bankless.cc/Matcha  🔐 LEDGER | SECURE YOUR ASSETS https://bankless.cc/Ledger  🦄 UNISWAP | DECENTRALIZED FUNDING https://bankless.cc/UniGrants  ------ 📣 SMARTCON | Register for Smart Contract Summit 2021! https://bankless.cc/SmartCon  ------ Bankless Podcast #74: The History of Electronic Markets Guest: Tarun Chitra We’re all familiar the image of traders in the pits of the New York Stock Exchange, holding up tickets and shouting out orders to one another. This is the backdrop for Electronic Markets 1.0, when ‘open outcry’ was the norm for the exchange of equities. When internet technology first emerged, it was brought to these markets, such that geographically distinct markets were fused by the instant communication of prices, bids, and offers. New technologies come quickly to the markets, giving an advantage to those who adopt the fastest. Alongside traders and brokers are the technologists, the quants and computer scientists who leveraged their understanding of networks to revolutionize trading. This first wave of electronic markets lasted until the dawn of personal computers, home internet, and E-trade. This second wave further revolutionized modern exchanges, distributing public access while consolidating liquidity. Synergistic with the dot-com boom, this explosion of retail investing once again turned exchanges on their heads. Look around now, and observe that we are in a third wave of new technologies applied to markets: Electronic Markets 3.0. Catalyzed first by mobile phones and now DeFi, the markets have once again been uprooted and fundamentally changed. What does this all mean? Where do we go from here? How do we adjust for scaling complex markets? Well, listening to what Tarun Chitra has to say about it isn’t a bad place to start. ------ Topics Covered: 0:00 Intro 7:00 Tarun Chitra 10:40 A History Lesson on Markets 17:45 Patterns in Electronic Markets 20:55 Electronic Markets 1.0 29:09 Options and Removing Lawyers 1.0 38:08 Experimenting and Crashes 1.0 46:19 New Players & Regulation 1.0 52:19 Electronic Markets 2.0 1:00:08 ETFs and Consolidation 2.0 1:14:26 Before and After 2.0 1:23:00 Removing Lawyers 2.0 1:28:00 Electronic Markets 3.0 1:37:40 Experimenting and Crashes 3.0 1:46:07 Removing Lawyers 3.0 1:52:50 New Risks 3.0 2:00:35 Financial Crisis 3.0 2:09:10 Closing & Disclaimers ------ Resources: Tarun on Twitter https://twitter.com/tarunchitra?s=20  Gauntlet Network https://gauntlet.network/  Inside Job: The Looting of America's Savings and Loans https://www.amazon.com/Inside-Job-Americas-Forbidden-Bookshelf-ebook/dp/B013S42VF6  More Money Than God: Hedge Funds and the Making of a New Elite https://www.amazon.com/More-Money-Than-God-Relations/dp/0143119419  When Genius Failed: The Rise and Fall of Long-Term Capital Management  https://www.amazon.com/When-Genius-Failed-Long-Term-Management/dp/0375758259  ----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://newsletter.banklesshq.com/p/bankless-disclosures 
2nd Week of July 2021 ------ 📺 ETH STAKING PANEL: https://youtu.be/-YD5cAbatOc  ------ BANKLESS SPONSOR TOOLS: ⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum 🍵 MATCHA | DECENTRALIZED EXCHANGE AGGREGATOR https://bankless.cc/Matcha 🔐 LEDGER | SECURE YOUR ASSETS https://bankless.cc/Ledger  🦄 UNISWAP | DECENTRALIZED FUNDING https://bankless.cc/UniGrants  ------ 📣 SMARTCON | Register for Smart Contract Summit 2021! https://bankless.cc/SmartCon  ------ Topics Covered: 0:00 Intro 2:50 MARKETS 3:00 BTC Price Lightning: https://twitter.com/VetleLunde/status/1414935599321124864?s=20  4:15 ETH Price Settling $8T: https://twitter.com/RyanSAdams/status/1415364147622170630?s=20  6:20 ETH/BTC Ratio 7:08 DeFi Action 3M DeFi Users: https://twitter.com/richardchen39/status/1414582943641657344?s=20  11:15 Axie Price Action 12:55 Value / Volume https://twitter.com/richardchen39/status/1414950857586749449?s=21  14:08 DAO Super-Users https://deepdao.io/#/people  17:00 RELEASES 18:45 Optimism! Uniswap: https://twitter.com/TrustlessState/status/1415118864698859524?s=20  Synthetix: https://blog.synthetix.io/optimism-launch-announcement/  25:38 Scaling Frenzy Hop Protocol: https://twitter.com/HopProtocol/status/1414624873775878148  Gnosis Safe: https://blog.gnosis.pm/gnosis-safe-is-live-on-layer-2-24adf83f0032  Coinbase: https://twitter.com/SetProtocol/status/1415023551120355332  Infura: https://twitter.com/infura_io/status/1414614102618656768  28:18 Dow Jones Crypto Indices https://www.prnewswire.com/news-releases/sp-dow-jones-indices-launches-sp-cryptocurrency-broad-digital-market-index-301332698.html  30:10 Nifty Island https://twitter.com/Nifty_Island/status/1414982521377411075  31:25 Ultra Sound Money https://ultrasound.money/  33:15 Ethereum Documentary https://twitter.com/ethereumfilm/status/1415376113170141184?s=21   34:36 Raises Superfluid: https://twitter.com/superfluid_hq/status/1414937101745983491?s=21  Connext: https://twitter.com/theblock__/status/1414933542006624256?s=21  Blocknative: https://twitter.com/blocknative/status/1415344313920200706?s=20  Phantom: https://www.theblockcrypto.com/post/111249/defi-wallet-solana-phantom-9-million-series-a-a16z  39:20 JOBS https://pallet.xyz/list/bankless/jobs  40:15 NEWS 40:25 Uniswap DeFi Education Fund https://www.theblockcrypto.com/post/111185/harvard-law-blockchain-initiative-uniswap-dao  Cobie: https://gov.uniswap.org/t/proposal-removal-of-established-cranial-follicles-fund/13314/3  46:23 Brazil ETH ETF https://twitter.com/Blockworks_/status/1415099592308400128?s=20  47:44 New Aave https://twitter.com/StaniKulechov/status/1415308052400594953?s=20  48:04 ShapeShift DAO https://twitter.com/coindesk/status/1415325952272437249?s=21  50:45 Amex NFTs https://www.americanbanker.com/news/american-express-turns-nfts-into-a-credit-card-perk  51:45 Space Jam NFTs https://twitter.com/JordanLyall/status/1414658019275644931?s=20  52:25 Jack Dorsey Hardware Wallets https://www.theblockcrypto.com/post/110916/jack-dorsey-square-bitcoin-hardware-wallet  53:10 Bullish SPAC https://www.theblockcrypto.com/linked/110950/former-nyse-president-to-take-crypto-exchange-bullish-public-via-spac  55:02 Fidelity Hiring https://www.theblockcrypto.com/linked/111066/fidelity-digital-assets-hire-70-percent-more-employees-institutional-interest-crypto  55:55 Inflation https://twitter.com/LynAldenContact/status/1414948397233082372?s=20  59:05 Banks vs Fintech https://thefr.com/fintech-news-in-brief/regulation-and-compliance-fintech-news  1:00:40 Quick News Alchemix: https://twitter.com/AlchemixFi/status/1414647769470443521  Binance: https://www.theblockcrypto.com/post/111482/italy-binance-consob-warning  Bitcoin Miners: https://www.theblockcrypto.com/linked/111462/bit-digital-14500-bitcoin-miners-us-china-crackdown  Metamask: https://twitter.com/MetaMask/status/1415390962826850309?s=20  1:04:00 TAKES 1:04:45 Jackson Palmer https://twitter.com/ummjackson/status/1415353984617914370?s=20  1:17:30 FTX Acquiring the World https://twitter.com/ft/status/1415075101205319689?s=21  1:20:15 One Paycheck Away https://twitter.com/TrustlessState/status/1415439010952925186?s=20  1:20:35 What David’s Excited About 1:21:55 What Ryan’s Excited About 1:25:03 Meme of the Week https://twitter.com/BanklessHQ/status/1415476264840744960?s=20  1:26:55 Moment of Zen https://twitter.com/ben_chain/status/1414360342856011777?s=21  ----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://newsletter.banklesshq.com/p/bankless-disclosures 
ETH Staking Panelists: Darren Langley (Rocket Pool) Vasiliy Shapovalov (Lido) Ejaaz Ahamadeen (Coinbase) With Ethereum's switch to Proof-of-Stake around the corner, a full spectrum of staking options has emerged. Many who want to participate will not be able to run their own self-custodied 24/7 validator node, and not everyone has the required 32 ETH. For these folks, Staking-as-a-Service allows broader participation in the PoS consensus mechanism. To discuss this, team members from Coinbase, Lido, and Rocket Pool come together in this panel to explore their approaches to the world of ETH staking! ------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/  🎖 CLAIM YOUR BADGE: https://newsletter.banklesshq.com/p/-guide-2-using-the-bankless-badge  ------ BANKLESS SPONSOR TOOLS: 💰 GEMINI | FIAT & CRYPTO EXCHANGE https://bankless.cc/go-gemini  🔀 BALANCER | EXCHANGE & POOL ASSETS https://bankless.cc/balancer  👻 AAVE | LEND & BORROW ASSETS https://bankless.cc/aave  🦄 UNISWAP | DECENTRALIZED FUNDING http://bankless.cc/uniswap  ----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://newsletter.banklesshq.com/p/bankless-disclosures 
ETH Staking Panelists: Darren Langley (Rocket Pool) Vasiliy Shapovalov (Lido) Ejaaz Ahamadeen (Coinbase) ----- 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/  🎖 CLAIM YOUR BADGE: https://newsletter.banklesshq.com/p/-guide-2-using-the-bankless-badge  ------ BANKLESS SPONSOR TOOLS: 💰 GEMINI | FIAT & CRYPTO EXCHANGE https://bankless.cc/go-gemini  🔀 BALANCER | EXCHANGE & POOL ASSETS https://bankless.cc/balancer  👻 AAVE | LEND & BORROW ASSETS https://bankless.cc/aave  🦄 UNISWAP | DECENTRALIZED FUNDING http://bankless.cc/unigrants  ------ 📣 KYBER | Liquidity mine with Rainmaker https://bankless.cc/kyber  ------ With Ethereum's switch to Proof-of-Stake around the corner, a full spectrum of staking options has emerged. Many who want to participate will not be able to run their own self-custodied 24/7 validator node, and not everyone has the required 32 ETH. For these folks, Staking-as-a-Service allows broader participation in the PoS consensus mechanism. To discuss this, team members from Coinbase, Lido, and Rocket Pool come together in this panel to explore their approaches to the world of ETH staking! ------ Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://newsletter.banklesshq.com/p/bankless-disclosures 
Axie Infinity has exploded into the mainstream in 2021. Is it just a game? Is it an economy? What does Play-to-Earn mean? Join David and Ryan as they explore the world of Axie Infinity! ------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/  🎖 CLAIM YOUR BADGE: https://newsletter.banklesshq.com/p/-guide-2-using-the-bankless-badge  ------ BANKLESS SPONSOR TOOLS: 💰 GEMINI | FIAT & CRYPTO EXCHANGE https://bankless.cc/go-gemini  🔀 BALANCER | EXCHANGE & POOL ASSETS https://bankless.cc/balancer  👻 AAVE | LEND & BORROW ASSETS https://bankless.cc/aave  🦄 UNISWAP | DECENTRALIZED FUNDING http://bankless.cc/uniswap  ------ Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://newsletter.banklesshq.com/p/bankless-disclosures 
Arthur_0x is a massively successful investor in DeFi, and leads DeFiance Capital. His story is fascinating, as are his takes on the ecosystem and the crypto space from a global perspective. GET THIS EPISODE'S EXCLUSIVE DEBRIEF: https://shows.banklesshq.com/p/exclusive-debrief-building-a-500m  ------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/  🎖 CLAIM YOUR BADGE: https://newsletter.banklesshq.com/p/-guide-2-using-the-bankless-badge  ------ BANKLESS SPONSOR TOOLS: 💰 GEMINI | FIAT & CRYPTO EXCHANGE https://bankless.cc/go-gemini  🔀 BALANCER | EXCHANGE & POOL ASSETS https://bankless.cc/balancer  👻 AAVE | LEND & BORROW ASSETS https://bankless.cc/aave  🦄 UNISWAP | DECENTRALIZED FUNDING http://bankless.cc/uniswap  ------ Topics Covered: 0:00 Intro 6:00 Arthur 0x 12:55 The Secret Ingredient? 19:30 Show Up and Do Something 26:00 An Investing Thesis 33:48 Fundamentals Win 38:05 Token Value Capture 46:40 How to Evaluate 50:18 Undervalued Projects 56:35 The AMM Competition 1:00:13 ETH Killers 1:05:43 Layer 2 Scaling 1:14:00 A Global Perspective 1:20:13 Culture and Language 1:24:05 China BTC Mining 1:29:30 What Arthur’s Excited About 1:33:58 Closing & Disclaimers ------ Resources: Arthur on Twitter https://twitter.com/Arthur_0x?s=20  DeFiance Capital https://www.defiance.capital/  ----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://newsletter.banklesshq.com/p/bankless-disclosures 
Join Michael Wong and David Hoffman as they attempt to make a show about comedy and crypto! Subscribe to the Top Signal RSS feed! https://podcasts.apple.com/us/podcast/top-signal/id1574944825 GUESTS: @Cooopahtroopa @0x_Lucas @BlockchainJames @gladstonecallum ------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/ 🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/ 🎖 CLAIM YOUR BADGE: https://newsletter.banklesshq.com/p/-guide-2-using-the-bankless-badge ----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://newsletter.banklesshq.com/p/bankless-disclosures
1st Week of July, 2021. ------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/  🎖 CLAIM YOUR BADGE: https://newsletter.banklesshq.com/p/-guide-2-using-the-bankless-badge  ------ BANKLESS SPONSOR TOOLS: 💰 GEMINI | FIAT & CRYPTO EXCHANGE https://bankless.cc/go-gemini  🔀 BALANCER | EXCHANGE & POOL ASSETS https://bankless.cc/balancer  👻 AAVE | LEND & BORROW ASSETS https://bankless.cc/aave  🦄 UNISWAP | DECENTRALIZED FUNDING http://bankless.cc/unigrants  ------ 📣 KYBER | Liquidity mine with Rainmaker https://bankless.cc/kyber  ------ Topics Covered 0:00 Intro 2:10 MARKETS 2:20 BTC Price 4:56 ETH Price Exchanges https://twitter.com/cryptoquant_com/status/1411973786941804547  Deposit Contract http://www.theblockcrypto.com/data/decentralized-finance/asset-management/eth-in-eth2-deposit-contract  8:03 ETH/BTC 10:10 DeFi Action 13:15 NFT Volume https://duneanalytics.com/rchen8/opensea  16:30 RELEASES 17:45 EIP-1559 https://twitter.com/TimBeiko/status/1412762432079007748?s=20  Fee Burn https://goerli.etherscan.io/blocks?p=1  Fee Savings https://twitter.com/TimBeiko/status/1412995748665298944?s=20  22:35 Beacon Book https://twitter.com/StatefulWorks/status/1412408929267630093  24:30 Balancer & Polygon https://medium.com/balancer-protocol/balancer-joins-polygons-summer-of-defi-with-10-million-in-joint-token-incentives-c09d4db5ae9b  Zapper https://twitter.com/zapper_fi/status/1412889987155173382  Dune https://twitter.com/0xPolygon/status/1409556178443505667?s=20  27:30 Göerli Sidechain  https://twitter.com/bantg/status/1412388910429347841?s=20  31:05 Aave Pro in July https://twitter.com/TraderNoah/status/1411719489947906048  34:16 Raises  Index Coop https://www.coindesk.com/dao-behind-defi-pulse-index-raises-7-7m-from-galaxy-digital-1kx  Zerion https://www.theblockcrypto.com/post/110675/defi-investing-platform-zerion-series-a-funding  36:20 NEWS 36:30 JPMorgan ETH Staking Report https://decrypt.co/75108/ethereum-staking-crypto-jp-morgan  39:57 Andre on a Tear https://twitter.com/andrecronjetech/status/1411244286146977792?s=21 41:43 Axie Infinity Growth https://twitter.com/amytongwu/status/1412875602030301190?s=20   43:05 China & Stablecoins https://www.coindesk.com/china-central-bank-pboc-worried-stablecoins  44:53 $70m Ransom Attack https://www.forbes.com/sites/roberthart/2021/07/05/ransomware-hackers-demand-70-million-in-bitcoin-claim-massive-us-attack-as-biden-investigates-possible-russian-involvement/  46:35 Circle Spac Merger https://www.theblockcrypto.com/post/110806/confirmed-stablecoin-firm-circle-public-spac-merger  47:45 Wyoming DAOs https://decrypt.co/75222/americas-first-dao-approved-in-wyoming  50:50 News Drive-By Crypto Cards top $1B https://www.cnbc.com/2021/07/07/visa-says-crypto-linked-card-usage-tops-1-billion-in-first-half-of-2021.html  Binance Squeeze https://www.theblockcrypto.com/post/110510/barclays-customers-in-the-u-k-can-no-longer-transfer-funds-to-binance  Elizabeth Warren Flex https://www.coindesk.com/elizabeth-warren-sec-deadline-crypto-regulation  54:30 TAKES 55:00 Computer without Internet https://twitter.com/chainlinkgod/status/1410359761971736577?s=21  56:25 Spooky Chainlink https://twitter.com/edgararout/status/1412401125463035914?s=21  1:00:20 Creator Economy https://twitter.com/balajis/status/1410585347092729857?s=21  1:03:05 Influencer to Creator https://twitter.com/balajis/status/1412890086635544578?s=20  1:04:53 CeDeFi https://twitter.com/dcfgod/status/1410985736715767817?s=20  1:06:50 Speed & Depth https://twitter.com/balajis/status/1411046562063523841?s=21  1:09:15 Broken Pegs https://twitter.com/stefan__ionescu/status/1412190540700004357?s=21  1:11:50 MEV Negative Externalities https://twitter.com/bertcmiller/status/1412579402345586696?s=20  1:18:35 Transparent Systems https://twitter.com/panekkkk/status/1411347712168153090  1:24:05 What David’s Excited About 1:25:05 What Ryan’s Excited About https://twitter.com/RyanSAdams/status/1412799192603533313?s=20  1:29:00 Meme of the Week https://i.redd.it/8b1khwy3uu971.jpg  ----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://newsletter.banklesshq.com/p/bankless-disclosures 
Robert Leshner is the founder of the Compound Protocol, which is pioneering decentralized borrowing and lending. He is returning to Bankless to discuss Compound Treasury, which is set to offer Compound's services to institutions. Is it Fintech? Is it Banking? Is it Crypto? Slick back your DeFi mullet and let's find out. Robert on Twitter: https://twitter.com/rleshner?s=20  Compound Treasury: https://compound.finance/treasury  ------ 📣 KYBER | MAKE IT RAIN WITH RAINMAKER https://bankless.cc/kyber  ------  🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/  🎖 CLAIM YOUR BADGE: https://newsletter.banklesshq.com/p/-guide-2-using-the-bankless-badge  ------ BANKLESS SPONSOR TOOLS: 💰 GEMINI | FIAT & CRYPTO EXCHANGE https://bankless.cc/go-gemini  🔀 BALANCER | EXCHANGE & POOL ASSETS https://bankless.cc/balancer  👻 AAVE | LEND & BORROW ASSETS https://bankless.cc/aave  🦄 UNISWAP | DECENTRALIZED FUNDING http://bankless.cc/uniswap  ----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://newsletter.banklesshq.com/p/bankless-disclosures 
Luke Burgis is an author, entrepreneur, and professor. In his new book Wanting, Luke discusses the mimetic (mimicking) roots of our desires and behaviors. Viewing our species from this lens yields a vast wealth of insights about the nature of society, and we discuss how the internet (and crypto) pose to dramatically shift our understanding of these things. ------ 🎙️ EXCLUSIVE EPISODE DEBRIEF : https://shows.banklesshq.com/p/exclusive-debrief-the-power-of-mimetic  🎖 CLAIM YOUR BADGE: https://newsletter.banklesshq.com/p/-guide-2-using-the-bankless-badge  ------ BANKLESS SPONSOR TOOLS: 💰 GEMINI | FIAT & CRYPTO EXCHANGE https://bankless.cc/go-gemini  🔀 BALANCER | EXCHANGE & POOL ASSETS https://bankless.cc/balancer  👻 AAVE | LEND & BORROW ASSETS https://bankless.cc/aave  🦄 UNISWAP | DECENTRALIZED FUNDING http://bankless.cc/uniswap  ------ 📣 KYBER | Learn about Liquidity Mining with Rainmaker! https://bankless.cc/kyber  ------ BANKLESS PODCAST #72: The Power of Mimetic Desire Guest: Luke Burgis When we explore what crypto is all about, it often brings us back to the fundamental questions. What is money? What is value? What are the characteristics of a good society? In our conversation with Luke Burgis, we dive even deeper: what drives our basic desires and behaviors? Luke makes an incredibly compelling argument that the root of our wants and perceived needs derive from Mimetic Desire -- the idea that we look to others and mimic what they do. Mimetic desire appears to emerge among all successful social species. As humans, we learn how to exist in a society by observing and processing those around us. Our parents, friends, and communities at large all collectively inform how we perceive the world around us. In this model, the individual melts away, and instead, we become interdependent nodes in a network of ideas, ideologies, actions, and behaviors. We often want things because others want them. Although rationality certainly plays a role, it takes a back seat to the more immediate and salient driving forces of mimesis. How does this relate to crypto in particular? Well, mimesis certainly drives the patterns we find in markets: speculation and adoption are both functions of mimetic desires. This model also applies more broadly when we consider the coordinative power of the internet and blockchains. If we accept mimesis on the aggregate and individual scale, we can more fully grasp the scale and scope of these new social and economic technologies. Hot off the release of his book 'Wanting: The Power of Mimetic Desire in Everyday Life,' Luke is fascinated by the potential of blockchains to revolutionize how we interact and function as a species and society. However, Mimetic Desire won't be going anywhere anytime soon. ------ Topics Covered: 0:00 Intro 6:50 Luke Burgis 9:05 What is Mimetic Desire? 16:25 Modeling Desire 23:35 Coping with Abundance 27:19 Collective, Shared Desires 31:30 Genes & Memes 37:25 Mimetic Desire & Memes 45:20 Subjective Scarcity & Rivalries 54:24 The Internet & Mimetic Desire 1:01:00 Bitcoin and The Role of Money 1:12:10 Wealth is What You Want 1:17:43 Markets, Bubbles, Mania 1:26:58 Rivalrous Communities 1:33:00 Mimetic Bubbles & Reflexivity 1:39:45 Algorithms Determining Outcomes 1:43:49 Legitimacy 1:48:40 What about Rationality? 1:52:22 The Take on Crypto 1:55:20 Closing & Disclaimers ------ Resources: Luke on Twitter https://twitter.com/lukeburgis?s=20  Luke’s Newsletter https://read.lukeburgis.com/  Wanting on Amazon https://www.amazon.com/Wanting-Power-Mimetic-Desire-Everyday/dp/1250262488/  ------ Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://newsletter.banklesshq.com/p/bankless-disclosures 
5th Week of June 2021. ------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/  🎖 CLAIM YOUR BADGE: https://newsletter.banklesshq.com/p/-guide-2-using-the-bankless-badge  ------ BANKLESS SPONSOR TOOLS: 💰 GEMINI | FIAT & CRYPTO EXCHANGE https://bankless.cc/go-gemini  🔀 BALANCER | EXCHANGE & POOL ASSETS https://bankless.cc/balancer  👻 AAVE | LEND & BORROW ASSETS https://bankless.cc/aave  🦄 UNISWAP | DECENTRALIZED FUNDING http://bankless.cc/unigrants  ------ 📣 KYBER | Liquidity mine with Rainmaker https://bankless.cc/kyber  ------ Topics Covered: 0:00 Intro 2:25 MARKETS 2:35 BTC Price 3:10 ETH Price 3:32 ETH/BTC Price 4:26 ETH Outperforming BTC https://twitter.com/RyanSAdams/status/1410601434240880646?s=20  6:20 DeFi Action 8:00 Layer 2 TVL https://l2beat.com/  11:00 RELEASES 11:30 Compound Treasury https://twitter.com/current/status/1409600420369084420?s=20  13:35 Polygon Avail https://twitter.com/0xPolygon/status/1409520012960825349?s=20  15:00 Cream on Polygon https://www.coindesk.com/cream-finance-announces-integration-with-polygon  15:53 Perpetual Protocol V2 https://twitter.com/perpprotocol/status/1410221752526028801?s=20  16:50 Element.Fi on Mainnet https://shows.banklesshq.com/p/sotn-42-ethereum-devs-building-defi  17:55 Coinbase USDC 4% https://blog.coinbase.com/sign-up-to-earn-4-apy-on-usd-coin-with-coinbase-cdad79e5f5eb  19:53 Top Signal https://twitter.com/BanklessHQ/status/1409605228744175616?s=20  22:14 Raises Nansen a16z https://www.theblockcrypto.com/linked/109959/blockchain-data-nansen-12-million-series-a-a16z  TracerDAO https://tracer.finance/radar/tracer-dao-raise/  24:00 NEWS 24:10 Uniswap Education Fund https://gov.uniswap.org/t/governance-proposal-005-defi-education-fund/12963  27:25 Decentralizing Coinbase https://blog.coinbase.com/embracing-decentralization-at-coinbase-7fa0e5d1084b  30:15 Kain & Synthetix https://thedefiant.io/synthetix-founder-announces-return-to-save-the-project/  31:50 Axie Infinity https://metaversal.banklesshq.com/p/the-axie-infinity-boom  34:10 Twitter NFTs https://twitter.com/sassal0x/status/1410234844353761285?s=21  35:47 Tim Berners-Lee NFT https://www.cnn.com/style/article/tim-berners-lee-nft-auction/index.html  37:35 Jay-Z Cryptopunk https://twitter.com/DeFi_Dad/status/1408434725551759360?s=20  Sotheby’s: https://www.coindesk.com/jay-z-to-auction-reasonable-doubt-nft-at-sothebys  40:14 Bitcoin Miner Migration https://preview.redd.it/wg88833hff871.jpg?width=1024&auto=webp&s=cf8bf121e8e6be28b659f626b4e5a0f92c17352f  41:37 TeraWulf Mining Firm https://www.theblockcrypto.com/linked/110101/bitcoin-mining-firm-terawulf-orders-new-machines-cost-estimated-at-nearly-100-million  47:48 Ark Invest BTC ETF https://www.cnbc.com/2021/06/28/cathie-woods-ark-invest-files-to-create-a-bitcoin-etf.html  49:07 El Salvador Airdrop https://www.forbes.com/sites/roberthart/2021/06/25/adults-in-el-salvador-to-get-30-in-bitcoin-as-nation-unveils-details-to-make-crypto-legal-tender/amp/?__twitter_impression=true  50:54 UK on Finance https://www.wsj.com/articles/binance-crypto-exchange-ordered-to-cease-u-k-activities-11624812672  51:30 Fed & CDBC https://www.federalreserve.gov/newsevents/speech/quarles20210628a.htm  53:15 FTX, Tom Brady & Gisele https://decrypt.co/74771/tom-brady-and-gisele-bundchen-invest-in-ftx  54:40 Drive By’s ICP: https://twitter.com/jamesspediacci/status/1408532682192035840?s=21  Visa Hiring: https://www.theblockcrypto.com/post/110119/visa-makes-five-strategic-crypto-hires-and-placements  USDC Multi-Chain: https://twitter.com/CoinDesk/status/1409992722878980104?s=19  59:00 TAKES 59:30 .com to .eth https://twitter.com/robogajesh/status/1408146369471139842?s=20  1:02:00 Unraveling Hierarchies https://twitter.com/joshuarosenthal/status/1408814378913341443?s=21  1:03:34 Coinbase will sell anything https://twitter.com/TheBlock__/status/1409676059302236162  1:05:27 Adios Uber https://twitter.com/EthereumFear/status/1409874076491993125?s=20  1:08:10 DAOs https://coopahtroopa.mirror.xyz/_EDyn4cs9tDoOxNGZLfKL7JjLo5rGkkEfRa_a-6VEWw  1:08:50 What David’s Excited About 1:11:11 What Ryan’s Excited About 1:15:53 The Future is DAO https://twitter.com/thefutureisdao1/status/1409862176953806850?s=21  1:16:58 MEME OF THE WEEK https://i.redd.it/c6nu7bdec8771.png  ----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://newsletter.banklesshq.com/p/bankless-disclosures 
Come learn and hear about what the Creator Economy is, and what it has in store for our industry! Li Jin: @ljin18 Jesse Walden @jessewldn Cooper Turley: @Cooopahtroopa ------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/  🎖 CLAIM YOUR BADGE: https://newsletter.banklesshq.com/p/-guide-2-using-the-bankless-badge  ------ BANKLESS SPONSOR TOOLS: 💰 GEMINI | FIAT & CRYPTO EXCHANGE https://bankless.cc/go-gemini  🔀 BALANCER | EXCHANGE & POOL ASSETS https://bankless.cc/balancer  👻 AAVE | LEND & BORROW ASSETS https://bankless.cc/aave  🦄 UNISWAP | DECENTRALIZED FUNDING http://bankless.cc/uniswap  ------ 📣 Ledger | Securely Exchange with Paraswap https://bankless.cc/LedgerYT2  ------ The Creator Economy Panelists: Cooper Turley, Li Jin, Jesse Walden The Creator Economy naturally erupts with the internet. Specialization allows creatives – artists, content creators, and everything in between – to carve out increasingly specific niches and build curated cultural communities. Art in all forms has an opportunity to blossom with the coordinative capacity of modern technology, and every active participant is inherently a creator. Smartphones and social media make everyone journalists, photographers, actors, and commentators simultaneously. With this budding paradigm, ownership of creations is paramount. The crypto industry lends itself elegantly to this need, blending creation and ownership. Web 2 has witnessed an explosion of distributed content, but centralized platforms determine the nature of how it plays out. Crypto offers a natural evolution to the creator economy, enriching the relationship between creator and community. This conversation takes a wide lens to the intersection of culture and the crypto industry. From MySpace to Instagram to Patreon, the ebbs & flows of internet culture and economy moves at a blistering pace. Our experienced panelists break these things down and discuss where we're going. ------ Resources: Li on Twitter: https://twitter.com/ljin18?s=20  Jesse on Twitter: https://twitter.com/jessewldn?s=20  Cooper on Twitter: https://twitter.com/Cooopahtroopa?s=20  ------ Topics Covered: 0:00 Intro 4:30 Cooper, Li, and Jesse 7:30 What is the Creator Economy? 14:32 Evolving Creator and Community 21:31 Creator First vs. Platforms 28:35 The Internet Dream 36:16 Evolving Platforms 43:00 Sovereign Creation 47:19 DAOs and the Creator Economy 55:30 Creator Economy Platforms 59:27 Get Involved 1:02:08 Closing & Disclaimers ----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://newsletter.banklesshq.com/p/bankless-disclosures 
Jamis Johnson is a founding member and Chief Pleasing Officer of PleasrDAO✨. We bring him on to hear about the state of PleasrDAO, and the NFT bear market! ------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/  🎖 CLAIM YOUR BADGE: https://newsletter.banklesshq.com/p/-guide-2-using-the-bankless-badge  ------ BANKLESS SPONSOR TOOLS: 💰 GEMINI | FIAT & CRYPTO EXCHANGE https://bankless.cc/go-gemini   🔀 BALANCER | EXCHANGE & POOL ASSETS https://bankless.cc/balancer  👻 AAVE | LEND & BORROW ASSETS https://bankless.cc/aave   🦄 UNISWAP | DECENTRALIZED FUNDING http://bankless.cc/uniswap  ------ 📣 Ledger | Securely Exchange with Paraswap https://bankless.cc/LedgerYT2  ---- State of the Nation #49: The State of the Charts Guest: Jamis Johnson PleasrDAO is a fascinating experiment in internet culture. At the intersection of DAOs, NFTs, and internet culture, Jamis Johnson works as Chief Pleasing Officer. In this NFT bear market, we look forward to what happens next in this emerging space. Now is the time to be paying attention to this space. The start of PleasrDAO was with pplpleasr's "x * y = k' NFT following the release of Uniswap V3. It was an organic eruption of collaboration for a shared social cause. The emergence of PleasrDAO is a salient demonstration of the nature of DAOs. In many ways, they resemble an open-world sandbox game, where individuals can come together in a flexible domain and organize collectively. What began as a fever dream auction has coagulated into a flexible, powerful organization for the curation and management of big-ticket NFT items. The future of PleasrDAO remains open, but there will be more to learn as this Culture DAO continues trailblazing. ------ Resources: Jamis on Twitter: https://twitter.com/_jamiis?s=20  PleasrDAO on Twitter: https://twitter.com/PleasrDAO?s=20  PleasrDAO: https://pleasr.org/  ----- Topics Covered: 0:00 Intro 10:00 Jamis Johnson, Chief Pleasing Officer 18:42 The Start of PleasrDAO 26:49 Getting on the Map 33:30 Snowden and the Gallery 39:40 Rugged Coordination 46:30 Plans for PleasrDAO 55:33 Participating in the Future 1:02:41 The NFT World 1:08:15 The Next Big Catalysts 1:12:22 Closing & Disclaqimers ----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://newsletter.banklesshq.com/p/bankless-disclosures 
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Comments (4)

Josh Er

David.... too much coffee 😆

Jul 27th
Reply

Josh Er

nope,this guest makes too many grandiose general statements that are easily proven wrong with a little research.

May 22nd
Reply

Valutrus Capital

great episode. thanks

Apr 11th
Reply

Brendan Sharkey

⭐️⭐️⭐️⭐️⭐️

Jul 6th
Reply
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