Bankless ROLLUP: 1st Week of May (Uniswap V3, Elon Musk SNL Dogecoin, Bankless DAO, ETH & BTC)
May 7, 2021
Discover the latest in cryptocurrency as the hosts discuss Bitcoin's steady consolidation and Ethereum's rising prominence as a store of value. Dive into the whimsical world of Dogecoin, contrasting its meme-driven allure with Bitcoin's serious nature. Uniswap V3 launches, showcasing innovative liquidity management along with its NFT integration. The introduction of Meebits takes center stage, highlighting its potential impact on the NFT market. Join the conversation on the evolution of decentralized finance and the community-driven ethos of the new Bankless DAO.
AI Snips
Chapters
Books
Transcript
Episode notes
ETH as a Treasury Reserve Asset
- Ether’s price surge may not be a bubble, but institutions recognizing its potential as a global store of value.
- This "new financial paradigm" explains the FOMO driving ETH’s price to new highs.
14 Reasons ETH is a Higher Upside Treasury Reserve Asset
- ETH has higher upside potential than BTC due to growing use cases, increasing scarcity, and institutional adoption.
- Its lower market cap compared to Bitcoin, coupled with rising developer activity and DeFi integration, point towards continued growth.
Friction in TradFi
- Ryan recounts the cumbersome process of wiring funds through Wells Fargo, highlighting the friction in traditional banking.
- This contrasts sharply with the ease and speed of crypto transactions.
