Bankless

Latest Episodes:

The Collapse of FTX | 24 hours later Nov 10, 2022

Show notes

The craziest 48 hours in crypto history? From the apparent takeover of FTX by Binance to no more takeover to SBF now being probed by U.S. regulators.

As the dust settles, we cover everything that’s unfolded in the last 24 hours and how it’ll reshape crypto moving forward.

If you missed yesterday’s stream where we go over the timeline of how all this happened and got industry leaders Brian Armstrong, Erik Voorhees, & Ryan Selkis to share their thoughts—you can find it here: https://youtu.be/LDtZyMcaaNY

------ Earnifi | Check For Your Unclaimed Airdrops, POAPs, & NFTs https://bankless.cc/earnifi

------ SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/?utm_source=banklessshowsyt ️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/

------ BANKLESS SPONSOR TOOLS:

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

ACROSS | BRIDGE TO LAYER 2 https://bankless.cc/Across

BRAVE | THE BROWSER NATIVE WALLET https://bankless.cc/Brave

NEXO | CRYPTO FINANCIAL HUB https://bankless.cc/Nexo

LEDGER | NANO HARDWARE WALLETS https://bankless.cc/Ledger

️FUEL | THE MODULAR EXECUTION LAYER https://bankless.cc/Fuelpod

------ Timestamps:

----- 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

Part 2: Brian Armstrong, Erik Voorhees, & Ryan Selkis on Binance’s Acquisition of FTX Nov 09, 2022

Show notes

In Part 2, Ryan and David are joined by Brian Armstrong, Erik Voorhees, & Ryan Selkis to discuss what transpired today, how it’ll impact our industry, and what it means moving forward.

In case you missed it, we’ve already released Part 1 where Ryan and David recap everything that happened leading up to today, what’s unfolded thus far, what happens next, and what it means for the crypto space writ large.

------ Earnifi | Check For Your Unclaimed Airdrops, POAPs, & NFTs https://bankless.cc/earnifi

------ SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/?utm_source=banklessshowsyt ️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/

------ BANKLESS SPONSOR TOOLS:

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

ACROSS | BRIDGE TO LAYER 2 https://bankless.cc/Across

BRAVE | THE BROWSER NATIVE WALLET https://bankless.cc/Brave

NEXO | CRYPTO FINANCIAL HUB https://bankless.cc/Nexo

LEDGER | NANO HARDWARE WALLETS https://bankless.cc/Ledger

️FUEL | THE MODULAR EXECUTION LAYER https://bankless.cc/Fuelpod

----- Timestamps:

0:00 Intro 4:04 Ryan Selkis 11:45 Takes & Prices https://twitter.com/brian_armstrong/status/1590088673726717952 https://www.coingecko.com/ https://ultrasound.money/ 20:32 Erik Voorhees 42:00 Brian Armstrong 1:00:25 New CZ https://twitter.com/cz_binance/status/1590103159506341888 1:02:45 Ultra Sound Money https://ultrasound.money/ 1:04:45 Closing & Disclaimers

-----

Resources:

SBF Announcement https://twitter.com/SBF_FTX/status/1590012124864348160

CZ Announcement https://twitter.com/cz_binance/status/1590013613586411520

Part 1: Binance Buying FTX | CZ vs SBF Nov 09, 2022

Show notes

On Part 1 of this two-part series, Ryan and David recap everything that happened leading up to today, what’s unfolded thus far, what happens next, and what it means for the crypto space writ large.

In Part 2, Ryan and David are joined by Brian Armstrong, Erik Voorhees, & Ryan Selkis.

Part 2 is out now! Check your feed.

------ Earnifi | Check For Your Unclaimed Airdrops, POAPs, & NFTs https://bankless.cc/earnifi

------ SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/?utm_source=banklessshowsyt ️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/

------ BANKLESS SPONSOR TOOLS:

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

ACROSS | BRIDGE TO LAYER 2 https://bankless.cc/Across

BRAVE | THE BROWSER NATIVE WALLET https://bankless.cc/Brave

NEXO | CRYPTO FINANCIAL HUB https://bankless.cc/Nexo

LEDGER | NANO HARDWARE WALLETS https://bankless.cc/Ledger

️FUEL | THE MODULAR EXECUTION LAYER https://bankless.cc/Fuelpod

----- Timestamps:

POV Crypto Reunites with Christian Keroles | Layer Zero Nov 08, 2022

Show notes

David brings on his old co-host, Christian Keroles of POV Crypto. Long-time Bankless listeners know of POV Crypto, but if you’re unaware, it’s the podcast that David started with Christian before Bankless!

Christian is currently the General Manager of BTC Inc (Bitcoin Magazine & The Bitcoin Conference).

On this episode, David and Christian go back to their POV Crypto roots and debate many different sub-topics of the overall Ethereum vs. Bitcoin debate.

------ 📣 Earnifi | Check For Your Unclaimed Airdrops, POAPs, & NFTs https://bankless.cc/earnifi

------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/?utm_source=banklessshowsyt 🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/

------ BANKLESS SPONSOR TOOLS:

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

❎ ACROSS | BRIDGE TO LAYER 2 https://bankless.cc/Across

🦁 BRAVE | THE BROWSER NATIVE WALLET https://bankless.cc/Brave

💠 NEXO | CRYPTO FINANCIAL HUB https://bankless.cc/Nexo

🔐 LEDGER | NANO HARDWARE WALLETS https://bankless.cc/Ledger

⚡️FUEL | THE MODULAR EXECUTION LAYER https://bankless.cc/Fuelpod

----- Topics Covered

0:00 Intro 5:03 Who is Christian Keroles? 5:58 POV Crypto Pod 9:52 The BTC vs. ETH Community 11:07 Metrics of the Winner 14:20 Ideological Backgrounds 18:00 The 2020-2021 Bull Market 20:44 Cantillon Effect 22:55 ETH to $0 24:40 Ethereum Won the 2020-2021 Bull Market? 30:34 Is Bitcoin the Underdog? 32:00 Tornado Cash 33:47 Ethereum is Inside the Bitcoin Ecosystem 36:46 How Bitcoin is Changing the World? 39:15 Bitcoin & Energy 46:19 Distribution & Decentralization 48:44 Energy System Integration 54:47 Does Bitcoin Work If It Isn’t #1 55:39 HyperBitcoinization 56:25 Paradigm Shifts 1:02:20 Recreating the Financial System 1:04:57 Core Philosophical Differences 1:07:17 Disrupting Incumbents 1:08:26 Acceleration

------ Resources:

POV Crypto Pod https://twitter.com/povcryptopod

Christian Keroles https://twitter.com/ck_SNARKs

143 - UNIChain is Inevitable with Dan Elitzer Nov 07, 2022

Show notes

✨ DEBRIEF | Unpacking the Episode: https://shows.banklesshq.com/p/debrief-unichain-is-inevitable

Dan Elitzer is the co-founder of Nascent, a VC firm working on the frontier of crypto Previously, he was previously leading IDEO CoLab Ventures, and has been on the frontier of crypto innovations for as long as we can remember.

Dan helps us unpack The AppChain Thesis, a possible outcome where every big DeFi app is going to have its own chain. How will this reshape crypto? Where do we find opportunities? Does this thesis even make sense?

Further, Dan, Ryan, and David cover the case for why Uniswap is going to have its own chain, why Dan thinks there’s an inevitable economic incentive for large DeFi apps to start their own chains, the main objections to The AppChain Thesis, and so much more.

------ 📣 Earnifi | Check For Your Unclaimed Airdrops, POAPs, & NFTs https://bankless.cc/earnifi

------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/ 🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/

------ BANKLESS SPONSOR TOOLS:

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

❎ ACROSS | BRIDGE TO LAYER 2 https://bankless.cc/Across

🦁 BRAVE | THE BROWSER NATIVE WALLET https://bankless.cc/Brave

💠 NEXO | CRYPTO FINANCIAL HUB https://bankless.cc/Nexo

🔐 LEDGER | NANO HARDWARE WALLETS https://bankless.cc/Ledger

⚡️FUEL | THE MODULAR EXECUTION LAYER https://bankless.cc/Fuelpod

----- Topics Covered

0:00 Intro 6:45 Dan's Predictive Track Record 9:52 Roll-Apps 14:00 The App Chain Prediction 17:46 UNIChain 23:30 MEV 29:22 Summarizing the Costs 33:50 Who Gets the Money? 36:07 Are the Taxes Worth the Services? 43:48 Why DeFi Apps Haven't Launched App Chains Yet 48:40 Uniswap Nation State 55:33 Uniswap's App Chain Model Sovereignty 1:00:04 Uniswap's Control & Ethereum's Alignment 1:03:38 Uniswap's Composability 1:08:56 What Does This Mean For L1s 1:16:50 Investing in the Apps? 1:20:57 Aggregation Theory 1:23:22 Censorship 1:27:21 Final Takes 1:29:37 Closing & Disclaimers

------ Resources:

Dan Elitzer https://twitter.com/delitzer

The inevitably of Unichain https://medium.com/nascent-xyz/the-inevitability-of-unichain-bc600c92c5c4

Aggregation Theory - Stratechery https://stratechery.com/aggregation-theory/

ROLLUP: Elon Twitter Takeover | Instagram NFTs | Art Gobblers & Goo | JP Morgan Crypto | Bitcoin's Birthday Nov 04, 2022

Show notes

1st Week of November, 2022

------ 📣 Earnifi | Check For Your Unclaimed Airdrops, POAPs, & NFTs https://bankless.cc/earnifi

------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/?utm_source=banklessshowsyt 🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/

------ BANKLESS SPONSOR TOOLS:

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

❎ ACROSS | BRIDGE TO LAYER 2 https://bankless.cc/Across

🦁 BRAVE | THE BROWSER NATIVE WALLET https://bankless.cc/Brave

💠 NEXO | CRYPTO FINANCIAL HUB https://bankless.cc/Nexo

🔐 LEDGER | NANO HARDWARE WALLETS https://bankless.cc/Ledger

⚡️FUEL | THE MODULAR EXECUTION LAYER https://bankless.cc/Fuelpod

------ Topics Covered:

0:00 Intro

3:45 MARKETS 5:25 Fed https://www.cnn.com/business/live-news/stocks-market-fed-rate-hike/index.html 8:20 Political Will https://twitter.com/PauloMacro/status/1587899658038562821 11:30 US Savings https://fred.stlouisfed.org/graph/?g=VtLo 13:37 Layer 2 Transactions https://twitter.com/l2beat/status/1585981268348768257 16:55 Arbitrum Flippens Solana https://twitter.com/theempirepod/status/1587151305742594048

34:55 Instagram NFTs https://twitter.com/Meta/status/1587929277864910849 37:55 Polygon https://twitter.com/sandeepnailwal/status/1587949120031006721 40:20 Arweave https://www.coingecko.com/en/coins/arweave

41:25 Art Gobblers https://www.coindesk.com/web3/2022/10/31/rick-and-morty-co-creators-nft-collection-sees-14m-in-trade-volume-hours-after-mint/ 42:55 Gobblers Analysis https://dune.com/pandajackson42/art-gobblershttps://dune.com/pandajackson42/art-gobblers 44:00 How it Works https://twitter.com/_Dave__White_/status/1569715399356485634

49:30 NEWS 50:50 zkSync Baby Alpha https://twitter.com/zksync/thread/1586053698672656384 52:40 Google Cloud Node https://decrypt.co/112954/google-launches-cloud-node-engine-for-ethereum-developers 54:05 RIP Nikolai https://cointelegraph.com/news/makerdao-co-founder-nikolai-mushegian-dies-at-29-in-puerto-rico 55:50 JPMorgan Using Crypto https://twitter.com/TyLobban/status/1587679344792829954

NFTs 1:01:20 Gamestop x Immutable https://twitter.com/0xferg/status/1587174624701255682 1:02:00 NFT Tweet Tiles https://twitter.com/TwitterDev/status/1585707921433923585 1:03:15 RTFKT Phygital Luggage https://thedefiant.io/rtfkt-vuitton-nfts 1:04:55 Budweiser FIFA NFTs https://nft.budweiser.com/ 1:06:25 OPJ in Puerto Rico

1:07:35 Bitcoin 14 Year Anniversary https://twitter.com/snowden/status/1587107723472211972 1:08:45 Thanks Gary https://twitter.com/GaryGensler/status/1587171919664746503 1:09:43 Miners Blowing Up https://twitter.com/cobie/status/1587087075752480768

1:10:45 Nifty Apes https://www.niftyapes.money/ 1:11:22 Zora Nouns Builder https://metaversal.banklesshq.com/p/zora-launches-nouns-builder

1:12:45 Jobs https://pallet.xyz/list/bankless/jobs

1:14:30 TAKES 1:15:30 Talk of the Town https://twitter.com/RonwHammond/status/1587443194945470465 1:20:40 Vitalik on Regulation https://twitter.com/vitalikbuterin/status/1586557896351186944 1:24:18 Verified Accounts https://twitter.com/TrustlessState/status/1587553632660201472

1:24:45 What David’s Bullish On 1:27:30 What Ryan’s Bullish On https://www.sound.xyz/user/0x3c2027f90b087ec509e533762a917e76e09b1d0c?tab=collection

1:32:35 MEME of the Week https://twitter.com/lopp/status/1583795567343243264

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

Bitboy | Two Different Worlds Nov 03, 2022

Show notes

Bitboy -- aka Ben Armstrong -- is the notorious crypto influencer with one of the largest audiences in the space. After some jabs back and forth on twitter, we're bringing him on Bankless to clear the air.

What's up with Ryan's glasses? Is Bitboy changing his approach?

------ Earnifi | Check For Your Unclaimed Airdrops, POAPs, & NFTs https://bankless.cc/earnifi

------ SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/ ️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/

------ BANKLESS SPONSOR TOOLS:

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

ACROSS | BRIDGE TO LAYER 2 https://bankless.cc/Across

BRAVE | THE BROWSER NATIVE WALLET https://bankless.cc/Brave

NEXO | CRYPTO FINANCIAL HUB https://bankless.cc/Nexo

LEDGER | NANO HARDWARE WALLETS https://bankless.cc/Ledger

️FUEL | THE MODULAR EXECUTION LAYER https://bankless.cc/Fuelpod

----- Topics Covered

0:00 Intro 6:00 Bitboy's Glasses 8:00 The Rant 14:50 RSA's Perspective 19:30 Bitboy's Bill 24:20 Ethical Platforms 28:05 Beef with SBF 34:24 Changing in Crypto 41:00 Two Different Worlds 44:55 Shortcuts 50:45 Disclosures 52:20 Heavy is the Head 59:41 Man of the People 1:03:03 Best Practices 1:05:50 Closing Thoughts

Did Macro Kill Crypto? with MacroAlf Nov 01, 2022

Show notes

Alf is the former head of a $20B investment portfolio, a passionate global macro investor, and the author of a free newsletter called, “The Macro Compass," available on Substack.

On this episode, Alf helps us understand macro in a digestible way. What’s in our potential future? How bad will it hurt? How long will it last? Answers to these questions and much more in the interview.

------ 📣 Earnifi | Check For Your Unclaimed Airdrops, POAPs, & NFTs https://bankless.cc/earnifi

------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/ 🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/

------ BANKLESS SPONSOR TOOLS:

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

❎ ACROSS | BRIDGE TO LAYER 2 https://bankless.cc/Across

🦁 BRAVE | THE BROWSER NATIVE WALLET https://bankless.cc/Brave

💠 NEXO | CRYPTO FINANCIAL HUB https://bankless.cc/Nexo

🔐 LEDGER | NANO HARDWARE WALLETS https://bankless.cc/Ledger

⚡️FUEL | THE MODULAR EXECUTION LAYER https://bankless.cc/Fuelpod

----- Topics Covered

0:00 Intro 8:00 What to Know About Macro 11:03 Tiers of Money 13:07 Deflationary Timeline 15:20 The Housing Market 17:33 The Inflation Remedy 19:54 Indicators 23:10 Global Credit Impulse Cycle 30:25 Can We Have a Soft Landing? 34:50 How Bad Will This Hurt? 39:29 Volatility in the Bond Market 52:18 Switching to Crypto Assets? 55:57 DXY 1:02:09 Bond/Crypto Market Cycles 1:05:30 What Will Make the Fed Pivot? 1:09:36 The Long-Term 1:15:45 Probability & Adapting 1:19:08 Generating Productivity 1:22:27 The Internet’s Unlock 1:23:40 Why Macro is Important 1:25:40 Action Items & Disclaimers

------ Resources:

MacroAlf https://twitter.com/MacroAlf

The Macro Compass https://themacrocompass.substack.com/

Is It 2021 Again? https://themacrocompass.substack.com/p/back-to-2001#details

SBF vs. Erik Voorhees: How Do We Regulate Crypto? Oct 31, 2022

Show notes

A debate between two crypto titans on how to regulate crypto. Whether to regulate crypto? Where do we draw the line?

Study and remember this one anon.

------ Push | Try the Communication Protocol of Web3 https://bankless.cc/Push

------ SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/ ️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/

------ BANKLESS SPONSOR TOOLS:

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

DESO | DECENTRALIZED SOCIAL BLOCKCHAIN https://bankless.cc/Deso

BRAVE | THE BROWSER NATIVE WALLET https://bankless.cc/Brave

TRUEFI | CRYPTO FINANCIAL HUB https://bankless.cc/TrueFi

SEQUENCE | ALL-IN-ONE PLATFORM https://bankless.cc/Sequence

️FUEL | THE MODULAR EXECUTION LAYER https://bankless.cc/Fuelpod

------ Timestamps:

0:00 Intro 7:36 Should Crypto Be Regulated? 23:50 Transparency 25:55 Showing Up & BitLicense 36:50 Erik's Issues with Sam's Post 52:12 The DeFi Regulation Debate 1:24:27 Why Regulation Now? 1:40:10 DCCPA 1:53:04 Stealmanning Eachother's Points 2:01:55 Closing Arguments 2:06:17 Closing & Disclaimers

------ Resources:

SBF https://twitter.com/SBF_FTX

Erik Voorhees https://twitter.com/ErikVoorhees

SBF Proposal https://twitter.com/SBF_FTX/status/1582835426116575235

Erik Voorhees's Rebuttal https://www.moneyandstate.com/blog/response-to-sbf