The overnight fed funds rate is 5.3% but how much are you getting from that in your bank account? How much are you getting from your stablecoins?
Today on the show Martin Carrica walks us through a world in which we can tokenize treasuries instead of just dollars. ------ ✨ DEBRIEF | Ryan & David unpacking the episode: https://www.bankless.com/debrief-onchain-t-bills/
0:00 Intro 7:16 Intro To Martin 10:37 Risk Free Rate of Return 16:06 Inflation Experience in Argentina 20:41 Why Don't We have Onchain TBills? 22:44 Laws Around Treasuries 27:08 Do The Fed's Want This? 31:53 Don't we Already Have Onchain Treasuries? 37:18 The Next Evolution Of Stablecoins 40:01 How Big Could This Be? 50:12 Cutting Out Commercial Banking 52:21 Explaining The Product 55:57 Onchain Vs Traditional TBills 1:02:51 How Big Can This Get? 1:04:10 Identifying Legit Onchain TBills 1:05:49 Why Doesn't Circle Do This? 1:11:50 Dealing With US Regulation 1:15:02 Central Bank Digital Currency 1:19:02 Can This Start a Bull Market?
✨ Subscribe to the Green Pill Podcast ✨
https://availableon.com/greenpill
? Get the GreenPilled Book ?
https://greenpill.party/
Apple Show Link:
https://podcasts.apple.com/us/podcast/greenpill/id1609313639
Spotify Show Link:
https://open.spotify.com/show/0l6aXWC94dd0RA3tkKfxjd
-----
How is employment going to evolve with decentralized blockchain-based finance? Helping us answer this today is Opolis’ John Paller.
------
SPONSOR PILLS:
?Glo | The Anti-Poverty Stablecoin
https://bankless.cc/glo
? OPOLIS | CRYPTO NATIVE EMPLOYMENT
https://bankless.cc/Opolis
------
Resources:
John Paller:
https://twitter.com/PallerJohn
Previous Episode:
https://youtu.be/iNEYsF4arVE
Opolis:
https://bankless.cc/opolis
-----
Music by WABI SABI - snowflake - https://thmatc.co/?l=7786B012
-----
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
...
https://www.youtube.com/watch?v=nP8AmnYNKYk
------
? RhinoFi | Makes DeFi Frictionless
https://bankless.cc/rhino
------
? JOIN BANKLESS PREMIUM:
https://newsletter.banklesshq.com/subscribe
------
BANKLESS SPONSOR TOOLS:
⚖️ ARBITRUM | SCALING ETHEREUM
https://bankless.cc/Arbitrum
?KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE
https://bankless.cc/kraken
?UNISWAP | ON-CHAIN MARKETPLACE
https://bankless.cc/uniswap
? PHANTOM | #1 SOLANA WALLET
https://bankless.cc/phantom-waitlist
?METAMASK LEARN | HELPFUL WEB3 RESOURCE
https://bankless.cc/MetaMask
? EARNIFI | CLAIM YOUR UNCLAIMED AIRDROPS
https://bankless.cc/earnifi
-----
Resources:
Ram Ahluwalia
https://twitter.com/ramahluwalia
-----
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
...
https://www.youtube.com/watch?v=qbr8965IYfo
A mind-boggling amount lost in a smart contract bug, bailouts from unconfirmed sources, and the takeaways.
Everything you need to know about this week's exploit on the Ethereum-Solana Wormhole bridge.
------
Topics Covered:
0:00 A $300M Bridge Exploit
1:29 What Happened With Wormhole
3:44 What Does This Mean?
5:47 Restoring Funds
7:35 What Did We Learn?
9:51 Safety | Security | Capital
11:40 The Danger of Bailouts
12:48 What To Do With $250 Million
------
Resources:
Sad Prediction
https://twitter.com/RyanSAdams/status/1488979604362649602?s=20&t=ZsCXhj2PyjdtXJv-KUMjvQ
Official Wormhole twitter
https://twitter.com/wormholecrypto/status/1489001949881978883?s=20&t=jmTVlJmMtkIo1wYfLXj1jg
Getting Messy:
https://twitter.com/tony_intern/status/1488979589602840581?s=20&t=Yxwn9ebgfQD0H9Z4Es6paA
Cascading Effects:
https://twitter.com/gakonst/status/1488980822568886279?s=20&t=8swuB2G9HV7HnMk6V-Nlzg
TL;DR:
https://twitter.com/samczsun/status/1489044999211823107?s=20&t=u8aDeLzUhX9FZ8_kVn5k3g
More Wormhole
https://twitter.com/wormholecrypto/status/1489232008521859079?s=20&t=YzMwd8rxxeHYJmAZtxmwsw
-----
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
...
https://www.youtube.com/watch?v=kuvrbrfMuCc
Have you heard of Zuzala, Vitalik Buterin’s community experiment? #shorts More content is waiting for you on Bankless.com ?
https://bankless.cc/YouTubeInfo
...
https://www.youtube.com/watch?v=dXylXFZKGU4
------
MetaMask Learn
https://bankless.cc/metamaskshow
------
JOIN BANKLESS PREMIUM:
https://newsletter.banklesshq.com/subscribe
------
BANKLESS SPONSOR TOOLS:
KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE
https://bankless.cc/kraken
UNISWAP | ON-CHAIN MARKETPLACE
https://bankless.cc/uniswap
️ ARBITRUM | SCALING ETHEREUM
https://bankless.cc/Arbitrum
EARNIFI | CLAIM YOUR UNCLAIMED AIRDROPS
https://bankless.cc/earnifi
------
Resources:
Seth Hertlein
https://twitter.com/SethHertlein
Patrick Hansen
https://twitter.com/paddi_hansen
Rebecca Rettig
https://twitter.com/RebeccaRettig1
-----
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
...
https://www.youtube.com/watch?v=djUApgzM5RA
Sometimes, the frontier is at a crypto conference. We’re returning from our adventures in Tel Aviv with nine exclusive interviews with some of the key players in the StarkNet space.
Wish you could make it to all the crypto conferences, but don't have the time? Don't worry, Bankless brings the frontier to you.
In this episode, we’re talking to Motty Lavie, the founder and CEO of Braavos, the team behind the self-custodial Braavos wallet on top of StarkNet. As the fastest growing wallet on StarkNet, Braavos is paving new ground with smart contract wallets. If you can’t tell yet, David was heavily smart contract wallet-pilled after the Starkware Sessions.
------
? MetaMask Learn
https://bankless.cc/metamaskshow
------
? JOIN THE NATION:
https://newsletter.banklesshq.com/subscribe
------
BANKLESS SPONSOR TOOLS:
?KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE
https://bankless.cc/kraken
?UNISWAP | ON-CHAIN MARKETPLACE
https://bankless.cc/uniswap
⚖️ ARBITRUM | SCALING ETHEREUM
https://bankless.cc/Arbitrum
? EARNIFI | CLAIM YOUR UNCLAIMED AIRDROPS
https://bankless.cc/earnifi
? PHANTOM | CROSS-CHAIN WALLET
https://bankless.cc/phantom
------
Timestamps:
0:00 Intro
3:30 What’s Braavos?
5:30 Smart Contract Wallets
11:30 Signers
14:30 A Use Case Revolution
18:45 An Example
20:50 Synergy with Layer 2
22:50 The Braavos Approach
24:40 Get Involved
-----
Resources:
Motty Lavie
https://twitter.com/mottylen
Braavos
https://braavos.app/
StarkNet
https://starkware.co/starknet/
-----
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
...
https://www.youtube.com/watch?v=9ycBLfqYcO4
Today we're joined by Ryan Selkis, the Founder and CEO of Messari and an outspoken political advocate for the crypto industry. We explore the current state of Crypto Regulation and how Ryan plans to fight in Washington with the Digital Freedom Alliance.
------
? ASYMETRIX PROTOCOL
https://bankless.cc/asymetrix
------
? Airdrop Alpha is waiting for you on Bankless.com
https://bankless.cc/Alpha
------
BANKLESS SPONSOR TOOLS:
?KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE
https://k.xyz/bankless-pod-q2
?METAMASK LEARN | HELPFUL WEB3 RESOURCE
https://bankless.cc/MetaMask
⚖️ ARBITRUM | SCALING ETHEREUM
https://bankless.cc/Arbitrum
?STADER LABS | ETHX LIQUID STAKING
https://bankless.cc/Stader
?️TOKU | CRYPTO EMPLOYMENT SOLUTION
https://bankless.cc/Toku
?IMMUTABLE | GAMING ECOSYSTEM
https://bankless.cc/Immutable
?MANTLE | MODULAR LAYER 2 NETWORK
https://bankless.cc/Mantle
------
Topics Covered
0:00 Intro
9:34 Does Washington Want to Kill Crypto?
15:45 How the US Affects Global Regulation
27:54 Ryan Selkis Proposal
43:10 What we can learn from SBF
51:20 The Digital Freedom Alliance
59:08 Why we have to Play Politics
1:03:49 What’s Next
1:08:00 Closing and Disclaimers
-----
Resources:
Ryan Selkis:
https://twitter.com/twobitidiot
Join the Digital Freedom Alliance
https://joindfa.org
-----
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
...
https://www.youtube.com/watch?v=VRRpVuNVEh8
4th Week of May, 2022
------
? ALCHEMIX | Get a self-repaying loan today!
https://bankless.cc/Alchemix
------
? SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/
?️ SUBSCRIBE TO PODCAST:
http://podcast.banklesshq.com/
------
BANKLESS SPONSOR TOOLS:
⚖️ ARBITRUM | SCALED ETHEREUM
https://bankless.cc/Arbitrum
❎ ACROSS | BRIDGE TO LAYER 2
https://bankless.cc/Across
? ALTO IRA | TAX-FREE CRYPTO
https://bankless.cc/AltoIRA
? AAVE V3 | LEND & BORROW CRYPTO
https://bankless.cc/aave
⚡️ LIDO | LIQUID ETH STAKING
https://bankless.cc/lido
? LEDGER | NANO S PLUS WALLET
https://bankless.cc/Ledger
------
Topics Covered:
0:00 Intro
4:55 MARKETS
5:00 BTC Price
5:16 ETH Price
5:38 BTC Ratio
8:05 Total Crypto Market Cap
https://www.coingecko.com/en/global_charts
8:23 BEAR
8:35 Rekt ARK
https://twitter.com/charliebilello/status/1524384920184963072
11:20 OpenSea Volumes December 2021 Levels
https://imgur.com/Nw0b10k
11:33 BULL
11:37 Uniswap Hits $1T Lifetime Trading Volume
https://twitter.com/uniswap/status/1529102980296867842
12:32 The ENS Boom
https://twitter.com/ensdomains/status/1520920301583822848
https://twitter.com/nicksdjohnson/status/1528516461668380672
14:08 New and Returning Users
14:25 Read Metaversal
https://metaversal.banklesshq.com/p/the-ens-boom-
14:30 Reports from Goldman Sachs & Federal Reserve
https://www.coindesk.com/markets/2022/05/20/goldman-sees-little-us-economic-impact-from-lower-cryptocurrency-prices/
15:25 12% Adults Held Crypto Last Year
https://thedefiant.io/fed-survey-crypto/
17:03 Stablecoins as Portion of ERC20s vs. ETH
https://imgur.com/ZUSP1wZ
21:43 NEWS
22:09 Gamestop Wallet
https://twitter.com/GameStop/status/1528693604364976129
https://wallet.gamestop.com/wallets
https://chrome.google.com/webstore/detail/gamestop-wallet/pkkjjapmlcncipeecdmlhaipahfdphkd
24:50 Terra Relaunching Without Algo-Stablecoin
https://twitter.com/terra_money/thread/1529451631263174656
28:35 Story of Frivolous PoolTogether Lawsuit
https://twitter.com/lay2000lbs/status/1529827211401842694
30:05 Mint a Pooly
https://mint.pooltogether.com/
33:46 Optimism Cracks Down on Airdrop Farmers
https://www.theblockcrypto.com/post/148417/optimism-cracks-down-on-airdrop-farmers
33:57 Coindesk Launches $DESK
https://twitter.com/CoinDesk/status/1528756858307100672
37:39 Revolut’s $Revcoin
https://www.theblockcrypto.com/post/147768/revoluts-planned-native-token-will-reward-customer-loyalty-storonosky-says
40:10 NFTs
40:15 OpenSea Launches Seaport
https://beincrypto.com/opensea-launches-web3-nft-seaport-marketplace/
41:38 Seth Green is Down Bad
43:50 MISC
43:52 Cami Gives Her Book to the Pope
https://twitter.com/CamiRusso/status/1527371285835067394
44:23 SBF Could Spend $1B in 2024 Elections
https://twitter.com/fintechfrank/status/1529185967705292801
46:47 JOBS
https://pallet.xyz/list/bankless/jobs
49:34 RELEASES
49:40 Tracer DAO Perpetual Pools V2
https://twitter.com/TracerDAO/status/1527289735500247040
51:45 Sense Finance Web3 Yield Curve
https://app.sense.finance/eth-mainnet/pool
https://www.statista.com/statistics/1058454/yield-curve-usa/
55:57 RAISES
56:00 a16z Crypto Fund 4 $4.5B
https://www.cnbc.com/2022/05/25/andreessen-horowitz-raises-4point5-billion-crypto-fund-in-down-market.html
https://newsletter.banklesshq.com/
56:54 Adam Neumann-Backed Flowcarbon $70M a16z
https://twitter.com/TheBlock__/status/1529190581133619205
59:12 StarkWare Series D $8B
https://twitter.com/StarkWareLtd/status/1529454921451458560
1:02:55 Community Questions
https://twitter.com/TrustlessState/status/1529561952648716289
https://twitter.com/MateyNikolov/status/1529569116994080771
1:13:35 TAKES
1:13:40 Step Aside Disney
https://twitter.com/sobylife/status/1527400472251752448
1:14:32 DeFi’s Benefits
https://twitter.com/econoar/status/1527873338600611840
1:16:33 UNIchain is Inevitable
https://twitter.com/delitzer/status/1528497663607328768
1:21:38 13 Years of Web3 and NFTs Converted
https://twitter.com/w3b_eth/status/1528782828481171456
1:23:25 What David’s Excited About
Alfalfa Podcast
https://imgur.com/EtRtCpD
https://imgur.com/9XWu0VT
1:24:49 What Ryan’s Excited About
https://twitter.com/pythianism/status/1528501361452584960
1:29:46 Meme of the Week
https://twitter.com/cryptoreumd/status/1527706078624063489
1:30:57 Moment of Zen
https://twitter.com/BanklessHQ/status/1529899137713549312
-----
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
...
https://www.youtube.com/watch?v=7LVSc-F96Zk