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ROLLUP: Base Kicks-Off Onchain Summer

Bankless

The Bull Case for the Bitcoin ETF

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David Bailey: pseudo L2 business models are actually really simple. If a hundred billion flows into the ETF next cycle and the price of Bitcoin is 10 X, one trillion dollars ofETF wealth will cause trillions of new credit within the financial system. Tens of millions of Americans will see their assets balloon in value. And then I finished with saying this cycle, ETH becomes money for the internet is my bull take of the week.

Bankless Weekly Rollup Second Week of August, 2023

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------ TIMESTAMPS

0:00 Intro 2:37 MARKETS 4:07 Layer 2 TVL https://l2beat.com/scaling/summary 15:42 DAI Savings Rate https://twitter.com/RuneKek/status/1688235137178509312?s=20 19:26 Coinbase Q2 Earnings https://twitter.com/ramahluwalia/status/1687268549797019648?s=20 24:28 Paypal Launches Stablecoin https://etherscan.io/token/0x6c3ea9036406852006290770bedfcaba0e23a0e8 https://twitter.com/0xCygaar/status/1688592430315036672?s=20 https://twitter.com/sassal0x/status/1688716600294383616?s=20 https://twitter.com/RyanSAdams/status/1688586469370216450?s=20 34:32 Base Kicks off Onchain Summer! https://twitter.com/BuildOnBase/status/1689321221715017728 https://www.geckoterminal.com/dex-rankings https://l2beat.com/scaling/projects/base https://dune.com/tk-research/base 40:31 Vitalik and Jesse At Permissionless https://twitter.com/Permissionless/status/1687130264089042945?s=20 42:25 Arbitrum Releases BOLD https://twitter.com/offchainlabs/status/1687137574052143116?s=46 https://twitter.com/terencechain/status/1689025407499345920?s=20 https://www.youtube.com/live/4yzPYr5HRfU?feature=share 47:31 Polygon Vs zKSync https://mirror.xyz/0x70DF15b0208eFCeFaA541Da9A0ED6C4A884554Fc/gNi8coqXjd1ybFsQBAG7QARUkPHZECu7ihIRkpiVx2Y https://twitter.com/gluk64/status/1687263207860166656?s=20 49:31 Is Curve Gonna Make it? https://etherscan.io/address/0x9e2b6378ee8ad2a4a95fe481d63caba8fb0ebbf9 https://etherscan.io/tx/0x23c4799784c91023204bd68a94ec7a963486f2485dc43c13d8b804d5301b8041 https://twitter.com/CurveFinance/status/1688221472815284224?s=20 https://twitter.com/lookonchain/status/1687294816890347520 54:28 Fantom Becoming a Layer 2? https://www.theblock.co/post/243220/fantom-optimistic-rollups-ethereum 56:11 Hacker Hotline https://twitter.com/samczsun/status/1688613385565528064 58:03 NFT Stuff https://twitter.com/sandeepnailwal/status/1689187495190069250?s=20 1:00:49 Is Biden a Bitcoin Maxi? https://twitter.com/joebiden/status/1687120734793986048?s=46 1:01:46 Huobi Insolvency https://twitter.com/WuBlockchain/status/1687764670340591618 1:02:45 Gary Pivots to AI https://www.bloomberg.com/news/articles/2023-08-03/sec-chairman-gary-gensler-discusses-the-risks-to-finance-in-ai 1:03:59 This is Just Weird... https://www.cnbc.com/2023/07/21/ftx-lobbyist-tried-to-buy-island-nauru-create-superspecies-lawsuit.html 1:05:06 Wallets 2.0 https://twitter.com/goldfinch_fi/status/1688961804515647488 1:08:05 Turnkey https://twitter.com/turnkeyhq/status/1688910588246933509 1:08:35 RAISES https://medium.com/@puffer.fi/a-push-for-decentralization-puffer-finance-raises-5-5m-to-redefine-liquid-eth-staking-936a61b750f7 1:12:57 Questions From The Nation https://discord.com/channels/615592155481767941/1058053004705669211/1138316265962876988 1:15:50 Takes Of The Week https://twitter.com/davidfbailey/status/1689051629146767360?s=46 https://twitter.com/dankrad/status/1689634128101310464?s=20 https://twitter.com/TrustlessState/status/1687448061860003840?s=20 https://twitter.com/TrustlessState/status/1687609256269230080?s=20 1:21:43 What Are We Bullish On? 1:25:53 Meme Of The Week https://twitter.com/divine_economy/status/1689650898975481856?s=20 1:26:39 Disclosures ------ Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures ⁠

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