The Importance of Threads in Twitter

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Twitter is making some interesting design choices these days and I don't know that that's a good thing. threads has that massive kickster or head start of a network effect with the existing instagram and facebook user bases, but it doesn't have enough to draw people over. It's literally a twitter clone. People really do undervalue how hard it is to break a network effect. Twitter will go bankrupt relatively soon because they're just bleeding cash.

Bankless Weekly Rollup 1st Week of July 2023

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------ TIMESTAMPS & RESOURCES

0:00 Intro

4:20 Markets

22:50 NFT winter has come https://twitter.com/hosseeb/status/1675925861030334465 https://twitter.com/asvanevik/status/1675745010191601664 https://twitter.com/waleswoosh/status/1673781004031361025 https://nftpricefloor.com/ https://twitter.com/loopifyyy/status/1675517840542056448 https://twitter.com/avichal/status/1676090350291816448

37:50 BlackRock CEO Larry Fink Says Bitcoin Could ‘Revolutionize Finance’ https://twitter.com/WatcherGuru/status/1676685754922151941 https://twitter.com/thekriskay/status/1676686395862024195 https://www.wsj.com/articles/sec-says-spot-bitcoin-etf-filings-are-inadequate-390336e8 Eric Balchunas https://twitter.com/EricBalchunas/status/1674777296438165505

47:35 Is Gary resigning? https://www.thecryptoalert.com/post/sec-sources-confirm-gary-gensler-resignation Should Gary be actually resigning? https://twitter.com/jchervinsky/status/1674464911714398229

58:12 Cameron Winklevoss sent a final offer to Barry Silbert https://twitter.com/cameron/status/1676024844641550337

Base 1:05:30 https://twitter.com/BuildOnBase/status/1674543151388966912

1:10:00 L2s keep improving - Impact of Bedrock update https://twitter.com/OPLabsPBC/status/1674823794949603350

1:15:00 Polygon 2.0 architecture - ZK-Based protocol architecture https://twitter.com/0xPolygonLabs/status/1674538238835343361

1:17:30 Can Solana become an L2? https://twitter.com/aeyakovenko/status/1675146337174843392

1:21:00 Vitalik’s AMA on Tau Day https://twitter.com/VitalikButerin/status/1674017688300011520

1:23:15 RFK wants to make holding Bitcoin an inviolable right as a President https://twitter.com/RobertKennedyJr/status/1673812201457479681

1:25:55 Belarus banning peer-to-peer crypto transactions https://www.theblock.co/post/237523/belarus-wants-to-ban-peer-to-peer-crypto-transactions https://twitter.com/RyanSAdams/status/1676606907233054721

1:33:34 Questions from the Nation

1:37:45 Takes https://twitter.com/RyanSAdams/status/1676920622415245312 https://twitter.com/rss_d4/status/1675220831461335042 https://twitter.com/RyanSAdams/status/1675955239466196992

1:50:50 MEME of the Week https://twitter.com/zengjiajun_eth/status/1675677672566030336

1:52:00 Daily Gwei https://www.youtube.com/channel/UCvCp6vKY5jDr87htKH6hgDA

1:54:30 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.

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