Ben McKenzie's War With Crypto

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Ben McKenzie, former OC star, has published a book this week on how all cryptos are scam. He didn't talk to the italics of the world or Hester Persnall; he didn't even know what fanclas is. So in my opinion, the cryptocurrency industry does represent the largest Ponzi scheme in history. It's like if you buy a stock, it represents a company. You buy a bond, you've got debt on some ability. That's what I'm here for.

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----- Timestamps

0:00 Intro 12:53 Markets

17:33 What is GHO? https://twitter.com/AaveAave/status/1680216586047885312

https://defillama.com/stablecoin/gho

19:18 $116 Million ETH Wakes Up https://twitter.com/econoar/status/1681454803988414464?s=20 https://www.theblock.co/post/240429/ethereum-ico-participant-kraken

23:51 Alex Mashinsky Arrested https://twitter.com/nic__carter/status/1667540580484653058?s=20 https://www.justice.gov/usao-sdny/pr/celsius-founder-and-former-chief-revenue-officer-charged-connection-multibillion

28:05 The Ripple Case https://twitter.com/MikeSeligEsq/status/1679529061926809600 https://twitter.com/ohaiom/status/1679839368502992897?s=20 https://www.theblock.co/post/240105/gensler-responds-to-ripple-decision-says-hes-disappointed-over-treatment-of-retail-investors https://twitter.com/jchervinsky/status/1680218456006819840?s=20 https://twitter.com/collins_belton/status/1679902309814267904

38:30 UniswapX https://twitter.com/Uniswap/status/1680955621343129600 https://twitter.com/0xshittrader/status/1681706099966083077?s=46 https://twitter.com/BanklessHQ/status/1681325514286600192?s=20

47:07 Celo Becomes An L2 https://forum.celo.org/t/clabs-proposal-for-celo-to-transition-to-an-ethereum-l2/6109

52:39 Base Mainnet Is Open https://base.mirror.xyz/hwNwqXHVoLlO8s4DZppog4DfGvM34tigaDjOWuEJQfY

54:44 zkSync Boojum https://twitter.com/zksync/status/1680820952991408129

56:55 Polygon Upgrades MATIC to POL https://twitter.com/0xPolygonLabs/status/1679427540790681600?s=20

1:01:08 Ben Mckenzie vs Crypto https://twitter.com/RyanSAdams/status/1680956126584602625?s=20 https://twitter.com/RyanSAdams/status/1680959901403684864?s=20

1:04:39 RFK Vows to Back Dollar With BTC https://www.coindesk.com/policy/2023/07/19/us-presidential-candidate-rfk-jr-vows-to-exempt-crypto-from-capital-gains-tax-if-elected/

1:07:55 Gnosis Pay https://gnosispay.com/

1:09:07 Espresso Partners With Eigenlayer https://twitter.com/EspressoSys/status/1681335468518957056

1:12:53 Questions From The Nation 1:15:24 Takes Of The Week https://twitter.com/antoniomjuliano/status/1681034203406712833?s=46&t=LKBC7Qtm18FnZ380xCF2pA https://twitter.com/RyanSAdams/status/1681653643240525825?s=20 https://www.coindesk.com/policy/2023/07/19/new-us-senate-bill-wants-to-regulate-defi-like-banks/ https://twitter.com/BillHughesDC/status/1681729154360721410?s=20

1:21:50 What Are We Bullish On? https://imgur.com/mGXAZEZ

1:29:18 Meme of The Week https://twitter.com/BoxersPandoras/status/1680990527343284225?s=20 https://twitter.com/LilMoonLambo/status/1679483007822974977?s=20

1:30:37 Moment Of Zen https://twitter.com/yzymigos/status/1680397652393971712?s=46 ----- 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