
Bankless ROLLUP: 4th Week of February (BIG DIP, NFT Culture, Coinbase IPO, Ethereum Jobs)
Feb 26, 2021
The podcast dives into the recent crypto market fluctuations, analyzing Bitcoin and Ethereum's price drops and a surge in DEX trading volume. It highlights the shift from retail to institutional investing, alongside advancements in DeFi with rollups aimed at reducing gas fees. Discussions include innovative products like the Monolith DeFi Visa card and the significance of NFTs in the art world. The hosts also explore future opportunities in decentralized finance and the importance of non-coding roles in this evolving ecosystem.
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Episode notes
Crypto Dollars and Risk
- Crypto dollars remain in Ethereum wallets even when selling volatile assets.
- Self-custody and insured smart contracts mitigate risks while locking profits.
Crypto Dollars vs. Banks
- Traditional bank accounts offer near-zero interest, making them less appealing.
- Crypto dollar stablecoins provide higher interest-earning opportunities in DeFi.
Retail vs. Institutional Investors
- Coinbase's retail trading volume is significantly lower now than in the previous bull run.
- Institutional investors currently dominate the market, suggesting potential for future retail growth.
