Bankless ROLLUP: Bitcoin ETF | Coinbase NFT Platform | PleasrDAO Wu Tang Clan | Polygon & Draft Kings | Steam
Oct 22, 2021
The podcast dives into the thrilling surge of Bitcoin prices, fueled by the approval of a Bitcoin ETF. Listeners learn about a DAO's audacious acquisition of a rare Wu-Tang Clan album, showcasing the evolving concept of digital ownership. The hosts discuss Coinbase's upcoming NFT platform, aiming to simplify user access. The market dynamics of Bitcoin and Ethereum are analyzed, alongside Polygon's growing impact in DeFi. Controversies surrounding crypto gaming regulations, particularly with Steam, round out the intriguing discussions.
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The Inevitable Flippening?
- Ryan believes Ethereum's flippening (surpassing Bitcoin in market cap) is inevitable.
- He cites EIP-1559, the merge, and institutional ETH adoption as key factors.
ETH as Your Denominator
- Denominate investments in ETH, not just USD or BTC.
- Assess potential gains relative to ETH to gauge true value appreciation in the crypto space.
DeFi & Web3 Innovation
- FutureSwap V4 launched with high capital efficiency and composability, even supporting exotic assets like NFTs.
- ENS now supports decentralized websites accessible via MetaMask, improving user experience.
