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Latest Episodes:

ROLLUP: All Time High Debate | New ETF Record | Wormhole Airdrop Mar 08, 2024

Show notes

Weekly Rollup 2nd Week of March ----- ➡️ Apply to the Cartesi Grants Program here: https://bankless.cc/Cartesi ------ 🎧 Listen On Your Favorite Podcast Player: https://bankless.cc/Podcast ------ BANKLESS SPONSOR TOOLS:

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------ TIMESTAMPS & RESOURCES 00:00 Start

00:46 Fake All Time Highs? https://twitter.com/iamdcinvestor/status/1765320979679699285?s=46&t=2ZINVXJQKx6xO_6Wiiu_2g https://x.com/RyanSAdams/status/1763324643635835082?s=20

05:18 MARKETS https://twitter.com/GayatriPC_/status/1765441708383486109?s=20 https://twitter.com/kobeissiletter/status/1763553807298875568?s=46&t=LKBC7Qtm18FnZ380xCF2pA https://x.com/EricBalchunas/status/1765121689036427654?s=20 https://www.ccn.com/news/bitcoin-etf-gold-btc-aum/ https://twitter.com/AP_Abacus/status/1763264513220964715?s=20 https://twitter.com/EricBalchunas/status/1763910750026793199?s=20

08:25 Biggest BTC Monthly Candle Ever https://twitter.com/intangiblecoins/status/1763390416307519840

17:58 ETH ETF? https://twitter.com/EricBalchunas/status/1763910750026793199?s=20 https://twitter.com/jchervinsky/status/1763705594949570757?s=20

24:05 Rise of The Memecoins https://www.coingecko.com/

33:55 SEC vs Shapeshift https://www.sec.gov/files/litigation/admin/2024/34-99676.pdf?utm_medium=email&utm_source=govdelivery https://x.com/ErikVoorhees/status/1765411276497293365?s=20

36:28 Ryan and David Screenplay Acting https://twitter.com/RyanSAdams/status/1765463226781774048?s=20 https://www.sec.gov/news/statement/peirce-uyeda-statement-a-crypto-world-turns-03-06-24 https://x.com/0xdef1cafe/status/1765466419649540269?s=20 https://x.com/TrustlessState/status/1763607417105867050?s=20

41:12 Wormhole Airdrop https://wormhole.com/w-airdrop-explained/ https://airdrop.wormhole.com/ https://www.bankless.com/claimables?ref=no-address

47:06 Eigenlayer Passes $1 Billion https://app.eigenlayer.xyz/

48:27 Coinbase Smart Wallets https://www.coinbase.com/blog/evolving-wallets-to-bring-a-billion-users-onchain https://twitter.com/jessepollak/status/1763583352391500103 https://x.com/RyanSAdams/status/1765481895448428882?s=20

52:14 Record CryptoPunk Sale https://warpcast.com/ecr/0x4a44d2a6

54:19 Saylor Buys More Bitcoin https://twitter.com/JanWues/status/1764788016206286996

57:17 Permissionless III https://twitter.com/Permissionless/status/1765030038905463132?s=20 https://x.com/JasonYanowitz/status/1765040063086231695?s=20

59:32 ETH Denver Uber Driver Recap https://twitter.com/moo9000/status/1765321693503832471?s=20

1:05:29 Moment of Zen https://x.com/songadaymann/status/1765838218388222375?s=20

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

The RFK Interview Mar 07, 2024

Show notes

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 https://www.kennedy24.com/

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🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION https://bankless.cc/toku

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

⚖️ARBITRUM | SCALING ETHEREUM ⁠https://bankless.cc/Arbitrum ------ Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures⁠

AI Memecoins & Lessons for Narrative Investing Mar 06, 2024

Show notes

Ryan and David share another Bankless Takes episode where they discuss their AI memecoin analysis, why AI crypto tokens are a big deal, how to speculate on narratives like AI memecoins (lessons and guidance for “narrative investing”, and what are the next big narratives this cycle.

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------ 🎧 Listen On Your Favorite Podcast Player: https://bankless.cc/Podcast

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🔗CELO | CEL2 COMING SOON https://bankless.cc/Celo

🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION https://bankless.cc/toku

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

⚖️ARBITRUM | SCALING ETHEREUM ⁠https://bankless.cc/Arbitrum

------ TIMESTAMPS & RESOURCES

0:00 Intro 4:49 Why is Crypto x AI Narrative a thing? https://media1.tenor.com/m/q0zcs7G7FogAAAAd/galassia-galassie.gif https://twitter.com/0xMubeenn/status/1764139946062029212 https://vitalik.eth.limo/general/2024/01/30/cryptoai.html

10:40 Decentralized AI & Compute https://x.com/TrustlessState/status/1762318512507208182 https://x.com/anna_kazlauskas/status/1764675698310926459? https://www.coingecko.com/en/coins/filecoin https://www.coingecko.com/en/coins/arweave https://www.coingecko.com/en/coins/renderc https://www.tradingview.com/chart/?symbol=MEXC%3ATAOUSDT

20:00 Road to AGI

23:00 AI Memecoins

21:12 Crypto Narrative Guidance https://twitter.com/0xMubeenn/status/1764139946062029212/photo/4 https://cryptonarratives.substack.com/p/how-to-catch-a-few-20x-to-100x-coins

46:55 Top Signals

49:50 Predictions & Closing https://twitter.com/mrjasonchoi/status/1758902284980027818

56:51 Disclaimers

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

212 - Tether CEO on Their $100B Stablecoin ($USDT) Mar 04, 2024

Show notes

Paolo Ardoino is the CEO of Tether, the $100 Billion stablecoin company that owns more U.S. Treasuries than most countries.

We explore why Tether is winning, how it’s helping people in emerging markets and what really backs a $USDT. We also cover the state of the stablecoin regulation and even market competitors.

Tether has been and it’s still a target of Fud in the Crypto industry. Paolo is here to refute that Fud and much more.

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🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION https://bankless.cc/toku

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⚖️ARBITRUM | SCALING ETHEREUM ⁠https://bankless.cc/Arbitrum

🦄 UNISWAP | SWAP SMARTER https://bankless.cc/uniswap

------ TIMESTAMPS

00:00 Intro 6:52 Paolo Background 11:01 The History of Tether 15:40 USDT in Emerging Markets 25:30 Why not Bitcoin? 28:25 What’s Backing Tether? 42:25 Banking Risks 54:59 Tether Reserves Breakdown 59:39 Becoming Too Big 1:06:23 The Stablecoin Wars 1:11:18 Freezing Funds 1:13:45 USDT Competitors 1:16:59 Tokenized T-Bills 1:19:55 Tether on Tron 1:24:53 Regulation 1:26:14 The Value of Tether 1:29:10 Closing & Disclaimers

------ RESOURCES

Paolo Ardoino https://twitter.com/paoloardoino

Tether Transparency Reports https://tether.to/en/transparency/#reports

Circle’s Caroline Hill on Congress https://twitter.com/Pledditor/status/1758243599446089799

JPMorgan negative on Tether https://www.theblock.co/post/275643/jpmorgan-tether-negative-crypto

------ 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://www.bankless.com/disclosures

ROLLUP: Bitcoin ATH's In Sight | Coinbase Crashes | Blast Mainnet Live Mar 01, 2024

Show notes

Bankless Weekly Rollup Last Week Of February ------ 🌐 CARTESI | MODULAR EXECUTION ON LINUX https://bit.ly/3SYkjzF ------ 🎧 Listen On Your Favorite Podcast Player: https://bankless.cc/Podcast ------ BANKLESS SPONSOR TOOLS:

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🔗CELO | CEL2 COMING SOON https://bankless.cc/Celo

🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION https://bankless.cc/toku

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

⚖️ARBITRUM | SCALING ETHEREUM ⁠https://bankless.cc/Arbitrum

------ TIMESTAMPS 00:00:00 Start 00:03:26 Bull Market Hype https://twitter.com/ercwl/status/1762873948847440333?s=46 https://x.com/RyanSAdams/status/1762977062225145933?s=20 https://warpcast.com/ssj2/0x365adfd3 https://twitter.com/RyanSAdams/status/1762611219121234165?s=20

00:12:09 Markets https://twitter.com/balajis/status/1762802897518215405?t=dgPNsdAH9BvMoJNsH8tqVA&s=19 https://twitter.com/jseyff/status/1763069374867427767?s=46 https://twitter.com/matt_hougan/status/1762846266093125793?s=46&t=iahr7Lh5v08SSM_Ery-bGw https://www.bloomberg.com/news/articles/2024-02-23/ria-carson-group-greenlights-four-spot-bitcoin-etfs-for-retail-buyers https://www.coindesk.com/business/2024/02/28/morgan-stanley-evaluating-spot-bitcoin-etfs-for-its-giant-brokerage-platform-sources/ https://twitter.com/HHorsley/status/1760763968187154923

00:20:27 L2 Update https://l2beat.com/scaling/summary

00:24:39 Coinbase Down https://twitter.com/brian_armstrong/status/1762933446194901140?s=46

00:25:52 Reddit Buys BTC and ETH https://twitter.com/QwQiao/status/1760767461253628254?s=20 https://twitter.com/econoar/status/1760763758467830016

00:31:07 Kraken vs The SEC https://twitter.com/DavidLRipley/status/1760829432292405368 https://x.com/RyanSAdams/status/1761123526247916020?s=20 https://twitter.com/jchervinsky/status/1761033870139613514?s=46&t=2ZINVXJQKx6xO_6Wiiu_2g https://blog.kraken.com/news/introducing-kraken-institutional?utm_source=Twitter&utm_medium=social&utm_campaign=2024_q1_institutional_launch

00:35:43 Gemini Earn Customers Bailed Out https://twitter.com/geminitrustco/status/1762954631150207226?s=46 https://twitter.com/RyanSAdams/status/1762966619112825249?s=20

00:39:22 Uniswap Fee Switch https://x.com/UniswapFND/status/1761029569983971567?s=20 https://twitter.com/eek637/status/1761029351263318151?s=46&t=LKBC7Qtm18FnZ380xCF2pA https://twitter.com/TheiaResearch/status/1761077943563104613 https://twitter.com/mrjasonchoi/status/1761048443756421259?s=46&t=LKBC7Qtm18FnZ380xCF2pA

00:49:16 Dencun Updates https://twitter.com/timbeiko/status/1762492163869614411?s=46&t=2SMKWt7-hlJuSdhYSlImeQ https://twitter.com/RyanSAdams/status/1762849105481441405?s=20

00:52:46 Blast Mainnet Launch https://x.com/Blast_L2/status/1762274684316405908?s=20

00:53:52 Coinbase Validator Report https://www.coinbase.com/cloud/discover/insights-analysis/execution-client-diversity

00:55:41 Lens Protocol is Permissionless https://x.com/LensProtocol/status/1762591256381927799?s=20

00:58:38 Uncovering Satoshi https://twitter.com/pete_rizzo_/status/1761040089075888292?s=20

01:02:06 Avalanche Goes Down https://status.avax.network/

01:02:35 Donald Trump Crypto Take 01:04:07 Liz Warren Take https://twitter.com/twobitidiot/status/1762612018312315069?s=20

01:06:52 Bankless Meetup https://x.com/banklesshq/status/1763247319951007923?s=46 https://x.com/mheinrich/status/1762990723992092796?s=20

01:08:33 Raises https://x.com/bounce_bit/status/1762874894520656120?s=20 https://twitter.com/ether_fi/status/1762841187356979302?s=46

Meme of The Week https://twitter.com/greg16676935420/status/1759688234672505103?s=20

01:14:24 Moment of Zen https://www.instagram.com/reed_harrington23?igsh=aWlla2d4N3A0bjc0

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

Ethereum and The Trillion Dollar Internet Bond | Chris Perkins Feb 29, 2024

Show notes

Chris Perkins has a fascinating background as a marine who was shot at in Iraq, was at Lehman bros when it all came crashing down, was a Citigroup trying to pick up the piece of the financial crisis where he first ran across Gary Gensler, and now he’s in crypto. We talk about all that, but that’s not even the main event.

The Main Event is Ether the asset and a new reference rate he’s building on top of it. This sounds in the weeds but it’s actually actually key to unlocking trillions in new financial products. You might call this new rate the Libor for ETH.

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

💸 CRYPTO TAX CALCULATOR | USE CODE BANK30 https://bankless.cc/CTC

⚖️ARBITRUM | SCALING ETHEREUM ⁠https://bankless.cc/Arbitrum

🦄 UNISWAP | Swap Smarter https://bankless.cc/uniswap

------ TIMESTAMPS 00:00:00 Start 00:11:33 Intro to Chris 00:13:17 From Banks To Crypto 00:16:27 Hostility Towards Crypto 00:19:16 National Security 00:25:23 Takes on Regulation 00:31:12 TradFi Response To Crypto 00:33:58 ETH ETF 00:37:24 Libor for ETH? 00:42:43 Libor Recap 00:45:35 How Was Libor Corrupted? 00:53:21 ETH Reference Rate 01:04:13 Risk Free Rate 01:10:08 Real vs Nominal Returns 01:21:51 DeFi Applications 01:26:01 Market Size 01:33:17 Going Forward

------ RESOURCES

CESR home page: https://www.coindesk.com/indices/ether/cesr CESR methodology document: https://coinfund.io/cesr/ CESR Tearsheet: https://downloads.coindesk.com/cd3/CDI/CESR+Fact+Sheet.pdf

More Reading: https://www.coindesk.com/consensus-magazine/2023/09/26/how-staking-rates-can-drive-the-crypto-economy-forward/ https://www.coindesk.com/business/2023/09/27/five-reasons-why-the-world-needs-a-standardized-ethereum-staking-rate/ https://www.risk.net/derivatives/7957405/new-hope-for-crypto-derivatives-as-markets-urged-to-hail-cesr

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

Justin Drake & Ben Fisch: The United Rollups of Ethereum Feb 28, 2024

Show notes

In today’s episode, we do a shared sequencing deep dive with repeat guest, Mr. Moonmath himself, the Blockchain Brainiac, and the Ethereum Evangelist– Justin "The Juggernaut" Drake. Justin is joined by The Sultan of Sequencing, the Espresso Emperor, the Cross-Rollup Connoisseur himself, Ben, the Blockchain Barista Fisch.

Where the fragments of Ethereum threaten to turn the digital ecosystem into a maze of confusion, these two men stand tall, illuminating the way, to come and save us from the labyrinth of Ethereum’s rollup-centric roadmap.

------ 📣SUI | Register for Sui Basecamp https://bankless.cc/SUI-podcast

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🔗CELO | CEL2 COMING SOON https://bankless.cc/Celo

🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION https://bankless.cc/toku

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

⚖️ARBITRUM | SCALING ETHEREUM ⁠https://bankless.cc/Arbitrum

💸CRYPTO TAX CALCULATOR | USE CODE BANK30 https://bankless.cc/CTC

------ TIMESTAMPS

0:00 Intro 6:09 Goals For the Episode 8:32 Sequencing / Sharing Explained 15:13 Ethereum’s Arc 18:20 Shared Sequencing Obstacles 23:52 Network Effects & the Cold Start Problem 32:54 MEV Redistribution 45:25 Reserve Price 46:45 Loss of Sovereignty 54:34 Espresso Announcement! 1:03:52 Fast L2 Finality 1:09:52 Real-Time, Recursive Proving, & Hardware 1:13:32 Flash Loans & Snark Proving 1:15:38 Low Latency Finality 1:17:08 Censorship Solutions 1:21:50 Discussing the Downsides 1:35:38 Known Unknowns of the Future 1:39:46 Closing & Disclaimers

------ RESOURCES

Justin Drake https://twitter.com/drakefjustin

Ben Fisch https://twitter.com/benafisch

Nic Carter: The Second Bitcoin Civil War Feb 27, 2024

Show notes

Nic Carter rejoins the podcast to discuss Bitcoin’s second civil war. When did it begin? Where are the party lines drawn? How will it end? Possible solutions? David and Nic dig into all of these questions and much more.

------ 📣SUI | Register for Sui Basecamp https://bankless.cc/SUI-podcast

------ 🎧 Listen On Your Favorite Podcast Player: https://bankless.cc/Podcast

------ BANKLESS SPONSOR TOOLS:

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

🔗CELO | CEL2 COMING SOON https://bankless.cc/Celo

🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION https://bankless.cc/toku

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

⚖️ARBITRUM | SCALING ETHEREUM ⁠https://bankless.cc/Arbitrum

💸 CRYPTO TAX CALCULATOR | USE CODE BANK30 https://bankless.cc/CTC

------ TIMESTAMPS

0:00 Intro 7:30 The Bitcoin Civil War 10:32 Defining Side Lines 14:14 No Core Consensus 17:13 Filtering Out Transactions & Expressivity 22:39 Season Two 26:16 Lightning Doesn’t Work? 29:16 Ordinals & Bitcoin L2s 32:49 The Future of Bitcoin Core 35:16 Covenants Explained 37:26 Bitcoin Venture Capital 48:26 BitVM 51:64 Bitcoin Block Philosophy 1:02:10 Bitcoin Expressivity Going Too Far 1:07:36 Bitcoin Ideology 1:10:12 Closing

------ RESOURCES

Nic Carter https://twitter.com/nic__carter

211 - Is DA a Good Business Model? - Neel Somani & Jon Charbonneau Feb 26, 2024

Show notes

What’s Data Availability (DA) and what’s its Business Model?

In this episode we’re welcomed by Jon Charbonneau, researcher-investor at DBA and Neel Somani, CEO of Eclipse.

We unpack everything Data Availability from what it unlocks to its economics. We also get into the DA Market covering participants like Celestia and EigenDA.

------ 📣SUI | Register for Sui Basecamp https://bankless.cc/sui-basecamp

------ 🎧 Listen On Your Favorite Podcast Player: https://bankless.cc/Podcast

------ BANKLESS SPONSOR TOOLS:

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

🔗CELO | CEL2 COMING SOON https://bankless.cc/Celo

🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION https://bankless.cc/toku

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

⚖️ARBITRUM | SCALING ETHEREUM ⁠https://bankless.cc/Arbitrum

💸 CRYPTO TAX CALCULATOR | USE CODE BANK30 https://bankless.cc/CTC

------ TIMESTAMPS

00:00 Intro 7:27 What is DA? 16:45 Is DA a Commodity? 23:40 DA Costs 30:23 What DA Unlocks 37:41 The DA Market 1:01:40 Network Effects 1:07:56 DA Economics 1:14:50 DA Value Capture 1:20:23 Celestia Monetary Premium 1:29:10 What’s Next for DA 1:34:29 Solana DA 1:36:01 Closing Thoughts

------ RESOURCES

Jon Charbonneau https://twitter.com/jon_charb

Neel Somani https://twitter.com/neelsalami

Celestia https://celestia.org/

EigenDA https://docs.eigenlayer.xyz/eigenda/overview

See our investment disclosures here: https://www.bankless.com/disclosures

ROLLUP: $ETH 3k! | TradFi Stonks ATHs | $STRK Now Live | Yuga Acquires PROOF Feb 23, 2024

Show notes

Last Week of February 2024

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