✨ DEBRIEF ✨ | Ryan & David's Unfiltered Thoughts on the Episode https://shows.banklesshq.com/p/121-debrief

------ Vance Spencer of Framework Ventures returns to Bankless to walk us through a tremendous opportunity—the Crypto Bear Market of 2022.

With a steadfast thesis and a sober approach, Vance is bullish on Layer 2 ecosystems and GameFi. And of course, all roads lead to Ethereum. Crypto is a “coiled spring on a path to hypergrowth.”

Bear Markets are where legends are born. How will you take advantage of the opportunity of a lifetime?

------ 📣 METAMASK | The Easiest Buy in Crypto https://bankless.cc/MetaMask

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------ BANKLESS SPONSOR TOOLS:

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❎ ACROSS | BRIDGE TO LAYER 2 https://bankless.cc/Across

🏦 ROCKET POOL | DECENTRALIZED ETH STAKING https://bankless.cc/RocketPool

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🦁 BRAVE | THE BROWSER NATIVE WALLET https://bankless.cc/Brave

------ Topics Covered:

0:00 Intro 5:00 Vance Returns 7:39 Where Crypto Needs to Be 16:44 Bull Market Lessons 21:38 Alt L1 Blockchains 26:40 The Layer 2 Rotation 32:13 The Future of ETH Killers 41:07 The Future of Layer 2’s 47:30 Optimism vs Arbitrum 49:35 The Ethereum Market 58:30 ETH is Money 1:02:18 Veblen Moneygoods 1:07:19 Who Buys ETH? 1:10:15 Bull Market Timelines 1:16:05 The Future of Tokens 1:21:30 DeFi’s Make or Break 1:28:25 Winners will emerge 1:32:15 The GameFi Rabbit Hole 1:37:18 Lessons from Axie 1:43:15 Metaverse Money 1:47:45 The Bear Market Gift 1:50:30 Closing & Disclaimers

------ Resources:

Vance on Twitter: https://twitter.com/pythianism?s=20&t=z7tmj0LJ3O71UyWH9xlFqQ

Vance’s Tweets https://twitter.com/pythianism/status/1528501361452584960?s=20&t=IDHtibGbBEp1t1lnsMyrIg https://twitter.com/pythianism/status/1531719941853892609?s=20&t=OyT_N9CEGQ8-dWs1MVapcQ https://twitter.com/pythianism/status/1526968297794723840?s=20&t=ndBaWVS2JCaliYyt24jViA

Rune Christensen’s Endgame https://forum.makerdao.com/t/the-endgame-plan-parts-1-2/15456 Crypto Fees https://cryptofees.info/ Betting the Fund on the Merge https://shows.banklesshq.com/p/betting-the-fund-on-the-merge-hal?s=w#details Bull Case For DeFi https://newsletter.banklesshq.com/p/the-bull-case-for-defi-vance-spencer?s=w Bull Case For DeFi II https://shows.banklesshq.com/p/-defi-verticals-vance-spencer?s=w

----- 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

Reset Your Attitude - Part 2 - 9 June 2025