-----
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=vba3Fdx1960
Today we explore David's idea that this cycle is cooked and Ryan has some question starting with... what does that even mean?
On this week's episode of Bankless Takes we answer that question and so much more as we take a deep dive into token distributions and how they're playing out this time around.
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?SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24
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BANKLESS SPONSOR TOOLS:
?KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE
https://k.xyz/bankless-pod-q2
?CELO | CEL2 COMING SOON
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⚖️ARBITRUM | SCALING ETHEREUM
https://bankless.cc/Arbitrum
?MANTLE | MODULAR LAYER 2 NETWORK
https://bankless.cc/Mantle
? CASA | SECURE YOUR GENERATIONAL WEALTH
https://bankless.cc/Casa
?️TOKU | CRYPTO EMPLOYMENT SOLUTION
https://bankless.cc/toku
? CARTESI | APPLY FOR A GRANT
https://bankless.cc/CartesiGovernance
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TIMESTAMPS
00:00 Intro
01:30 Why Record This Episode?
06:01 Why There Are Structurally Bad Vibes
15:47 Why it's Like This
29:14 The Problem With The Points Meta
38:29 Recent Airdrop Issues
47:21 Where Do We Go From Here?
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RESOURCES
VC Capital - https://imgur.com/KKqMWBe
Sell Pressure - https://twitter.com/pythianism/status/1784958268420522195
Chris Dixon Take - https://a16zcrypto.com/posts/article/memecoins-tokens-regulation-policy/
LayerZero - https://x.com/LayerZero_Labs/status/1786441554816532646
Hayden Take - https://twitter.com/haydenzadams/status/1786784808187621874
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Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures
...
https://www.youtube.com/watch?v=NrTKSmWAV_I
✨ 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
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Daniel Schmachtenberger is a founding member of The Consilience Project, aimed at improving public sensemaking and dialogue. He is researching and propagating the idea of the Metacrisis, which outlines the totality of risk that we face as a species and planet.
The systems that compose our society generally seek to trend in two directions—toward dystopia and catastrophes. Is there a way we can avoid these fates? Daniel says yes, via the third attractor: creating a more antifragile world that takes advantage of our exponential technologies.
This is the third in a series of episodes with Daniel, in which we dive into coordination mechanisms that can address the Metacrisis.
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SPONSOR PILLS:
?Glo | The Anti-Poverty Stablecoin
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? OPOLIS | CRYPTO NATIVE EMPLOYMENT
https://bankless.cc/Opolis
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Resources:
Daniel Schmachtenberger
https://civilizationemerging.com/about/
Episode 1
https://www.youtube.com/watch?v=WVEP0zAK-xQ
Episode 2
https://www.youtube.com/watch?v=WRohQKNNuM4
MetacrisisDAO
https://www.metacrisisdao.com/
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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=hv_xBK_XZjw
✨ DEBRIEF ✨ | Ryan & David's Unfiltered Thoughts on the Episode:
https://shows.banklesshq.com/p/128-luke-gromen-debrief
Luke Gromen is a macro analyst and founder of Forest for the Trees, a research company that helps investors find the signal. Luke is another one of our big macro-brained guests in the same vein as Lyn Alden, Raoul Pal, and Jim Bianco.
On this episode, Luke unpacks how macro got this bad, what the end game looks like, why this is the scariest macro setup Luke has seen in 20+ years, and how to prepare.
The fog of what’s going on is thick, but we're on a quest to find out what in the world is going on. Knowing this is key to understanding the next steps crypto takes. Buckle up.
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?Rhino.Fi | Massive Mystery Airdrop
https://bit.ly/3o9trRE
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BANKLESS SPONSOR TOOLS:
? LENS | ACCESS CODE: WAGMI
https://bankless.cc/Lens
? ROCKET POOL | ETH STAKING
https://bankless.cc/RocketPool
⚖️ ARBITRUM | SCALING ETHEREUM
https://bankless.cc/Arbitrum
? BRAVE | THE BROWSER NATIVE WALLET
https://bankless.cc/Brave
? JUNO | BRIDGE FIAT TO LAYER 2
https://bankless.cc/Juno
⚡️ ZKSYNC | THE LAYER 2 SCALING ENDGAME
https://bankless.cc/zkSync
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Topics Covered:
0:00 Intro
6:08 Scariest Macro Setup In 20+ Years
14:15 Why This is the End
22:10 How’d We Get Here
26:45 Bursting Sovereign Debt Bubble
36:45 Fed Data Interpretation
42:42 How the End Game Plays Out
1:01:21 The Affect on The Average Person
1:07:35 U.S. Middle Class vs. Treasury Holders
1:14:58 The Future of Assets & Currencies
1:20:20 What Happens to Energy Commodities?
1:25:40 Equities, Gold, & Crypto
1:31:46 How to Prepare
1:36:50 Closing & Disclaimers
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Resources:
Luke Gromen
https://twitter.com/LukeGromen
Forest Through the Trees
https://fftt-treerings.com/
Luke’s Youtube Channel
https://www.youtube.com/c/LukeGromenFFTTLLC
Lyn Alden
https://youtu.be/XaHuwUDd1C8
Jim Bianco
https://youtu.be/VMNmxFzKI64
-----
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=9t9XtCXHV3A
In today’s podcast, Justin Drake and Tim Beiko help us explore Ethereum's uncharted roadmap.
You know about EIP-4844. You know about Proposer-Builder Separation. But the Ethereum roadmap does not stop there. It continues! Each component of the Ethereum roadmap has deeper frontiers than what you may be familiar with. 4844, PBS, these are just the first stops on a longer track of Ethereum’s Sci-Fi roadmap.
Other areas Justin, Tim, and David explore statelessness, how VCs are subsidizing Ethereum L1 R&D efforts, enshrined rollups, how all of this stuff leads to Ethereum needing fewer and fewer honest actors to work trustlessly, what quantum computing has to do with the Ethereum roadmap, trustless mempools and so much more.
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? Airdrop Hunter is HERE, join your first HUNT today
https://bankless.cc/JoinYourFirstHUNT
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BANKLESS SPONSOR TOOLS:
?KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE
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?METAMASK PORTFOLIO | MANAGE YOUR WEB3 EVERYTHING
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⚖️ ARBITRUM | SCALING ETHEREUM
https://bankless.cc/Arbitrum
?MANTLE | MODULAR LAYER 2 NETWORK
https://bankless.cc/Mantle
?POLYGON | VALUE LAYER OF THE INTERNET
https://polygon.technology/roadmap
?️TOKU | CRYPTO EMPLOYMENT SOLUTION
https://bankless.cc/Toku
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TIMESTAMPS
0:00 Intro
5:50 Ethereum Roadmap Completion
8:30 Immediate Dev Priorities
9:50 Danksharding & Rollups as 1st Class Citizens
11:50 Why Prioritize L2s
14:50 Snarkifying the EVM
17:39 Enshrined Rollup Use Cases
20:00 EVM to zkEVM
24:48 Summary So Far
27:15 EIP-4844
28:25 Proposer-Builder Separation
37:37 MEV Burn
40:38 Statelessness
43:33 Cryptography vs. Crypto Economics
45:00 Quantum Mechanics
50:25 Statelessness Ethereum Unlock
53:10 Cryptography & Sustainability
55:55 Closing & Disclaimers
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RESOURCES
Justin Drake
https://twitter.com/drakefjustin
Tim Beiko
https://twitter.com/TimBeiko
Ethereum Discord
https://discord.gg/CetY6Y4
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Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures
...
https://www.youtube.com/watch?v=6_NXxcGe7Ts
Justin Drake joins the third episode of Layer Zero to discuss coining ‘Ultra Sound Money,’ which sent supersonic waves through the Ethereum community. Unsurprisingly, Justin is a deeply compelling individual with a powerful drive to work hard and pursue individuality.
From Quantum Computing to engineering Layer Zero, Justin’s holistic approach to the space really comes through as we discuss what it means to work for a meme.
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?️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/
? CLAIM YOUR BADGE: https://newsletter.banklesshq.com/p/-guide-2-using-the-bankless-badge
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BANKLESS SPONSOR TOOLS:
? GEMINI | FIAT & CRYPTO EXCHANGE
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? BALANCER | EXCHANGE & POOL ASSETS
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? AAVE | LEND & BORROW ASSETS
https://bankless.cc/aave
? UNISWAP | DECENTRALIZED FUNDING
http://bankless.cc/uniswap
------
Topics Covered
0:00 Intro
4:30 Justin Drake
9:05 Coining Ultra Sound Money
12:37 From Layer 1 to Layer 0
15:10 Working for a Meme
24:14 The Purpose of the Meme
27:27 The Gini Coefficient
31:17 Proof of Stake and Distribution
35:22 A New Age Cypherpunk
43:30 Scalability
49:30 ETH and the Dollar
57:13 Quantum Computing
1:00:30 Burning MEV
1:04:19 The Efficiency DAO
1:08:11 Bitcoin FUD Dice
1:15:38 Layer 0 Engineer
1:18:20 Layers 3 and 4
1:20:00 A Workaholic and a Father
1:24:14 Citizen of the World
1:28:18 An Emergent Individual
1:34:15 Closing & Disclaimers
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? SoRare | Collect and Play!
https://bankless.cc/SoRare
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Resources:
Ultra Sound Money Website
https://ultrasound.money/
Modeling Ultra Sound Money
https://shows.banklesshq.com/p/-sotn-44-modeling-ultra-sound-money
The Bull Case for Cryptography
https://shows.banklesshq.com/p/-moon-math-the-bull-case-for-cryptography
Ultra Sound Money
https://shows.banklesshq.com/p/-ultra-sound-money-justin-drake
Justin on Twitter
https://twitter.com/drakefjustin?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
...
https://www.youtube.com/watch?v=dHpAC0m8Rkk
Aarika Rhodes is running for Congress! Running against incumbent Brad Sherman, who is notoriously misinformed and anti-crypto, Aarika seeks to bring a more crypto-friendly approach to CA-32, representing much of the San Fernando Valley in Southern California.
A schoolteacher by profession, Aarika seems to be breathing fresh air into the stale political landscape. Here's her policy on crypto:
"Aarika believes in the right of every individual to manage their own finances and investments as they see fit. In Congress, Aarika will oppose any attempts to ban this emerging technology. Aarika is also a strong advocate for making sure financial literacy is taught in schools and for people being aware of the environmental impact of their investments."
Learn more about Aarika: https://www.aarikaforcongress.com/
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? ONJUNO | Crypto from your Checking Account!
https://bankless.cc/OnJuno
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? SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/
?️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/
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BANKLESS SPONSOR TOOLS:
⚖️ ARBITRUM | SCALING ETHEREUM
https://bankless.cc/Arbitrum
? MATCHA | SMART ORDER ROUTING
https://bankless.cc/Matcha
? SLINGSHOT | LAYER 2 SOCIAL TRADING
https://bankless.cc/Slingshot
? GEMINI | TURN FIAT INTO CRYPTO
https://bankless.cc/Gemini
? BRAVE | THE BROWSER NATIVE WALLET
https://bankless.cc/Brave
? UNISWAP | DECENTRALIZED FUNDING
https://bankless.cc/UniGrants
------
Resources:
Aarika on Twitter:
https://twitter.com/AarikaRhodes?s=20
Get Involved:
https://www.aarikaforcongress.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
...
https://www.youtube.com/watch?v=2eHSWyOdszU