✨ DEBRIEF | Unpacking the episode: https://shows.banklesshq.com/p/debrief-dan-romero  ------ Dan Romero was an early employee at Coinbase and is now the Co-Founder of Farcaster, a new decentralized social network that has captured the attention of many in Web3. Aside from sharing a secret passcode to access Farcaster during the episode (Bankless Premium subscribers only)…Dan also shares his thoughts on why he doesn’t think Web2 social media is broken, why people should care about decentralized social media, how decentralized does it have to be in order to work, and how all of this will fundamentally change the internet and the trajectory of humanity. ------ 📣 Crypto Tax Calculator | Free Crypto Tax Calculator https://bankless.cc/CTCpodcast  ------ 🚀 JOIN BANKLESS PREMIUM: https://newsletter.banklesshq.com/subscribe  ------ BANKLESS SPONSOR TOOLS: 🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE https://bankless.cc/kraken  🦄UNISWAP | ON-CHAIN MARKETPLACE https://bankless.cc/uniswap  ⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum  🚁 EARNIFI | CLAIM YOUR UNCLAIMED AIRDROPS https://bankless.cc/earnifi  ------ Topics Covered 0:00 Intro 6:08 Is Web2 Broken? 10:25 Web3 Improvements 19:25 Unique Web3 Properties 24:42 Developer & User Sovereignty 31:57 Farcaster’s Feature & Protocol Thesis 45:25 Unique Properties of Decentralized Social Platforms 58:29 Growing Farcaster & Client Competition 1:05:39 Incentive Mechanisms 1:11:30 Is a Token Needed? 1:15:55 Protocols 1:19:48 Advertising & Farcaster 1:25:48 Farcaster On-Chain Footprint 1:27:47 Spam Prevention 1:31:31 Discoverability & Regulation 1:33:45 Identity 1:36:00 Closing & Disclaimers ------ Resources: DM Dan Secret Passcode https://twitter.com/dwr  https://danromero.org/  ----- 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 

Founder of Farcaster, Dan Romero, discusses the breakout potential of frames, Farcaster's new feature. Frames offer simplicity, speed, and universality, acting as portals to the outside world. They have the potential to onboard the masses and build a new internet. The chapter also explores the birth of Web 2.0, limitations of centralized platforms, and the cost of creating a user account on Farcaster.

Crypto app developer Dan Romero discusses how Warpcast, a crypto-enabled social app built on top of the Farcaster protocol, could become the first mainstream app for crypto. They explore the business model, the technical process flow, the significance of 'Frames' as a developer unlock, and the go-to-market strategy. They also discuss the off-chain and on-chain components of Farcaster, the importance of starting small and narrow, and the frustration with influencers in the crypto space.

Dan Romero, Antonio Garcia Martinez, and Erik Torenberg discuss the US reaction to the Israel-Hamas War, including the contradictory stance of Westerners favoring Palestine over Israel. They also explore Egypt's relationship with Israel, fake images in the conflict, personal connections to Israel, the lack of historical knowledge among young individuals, and the influence of the United States on global affairs.

Dan Romero, former Coinbase employee and co-founder of Farcaster, discusses building a startup in 2024, finding product-market fit, and navigating the idea maze. They also dive into Dan's experience at Coinbase, building Farcaster, and evaluating startup ideas. They explore disrupting higher education, improving assessments, and the potential of pseudonymous social networks. Leveraging idle assets for labor and remote work in niche labor marketplaces is also discussed.

Dan Romero and Erik Torenberg discuss the ongoing border crisis, the history of immigration to the US, and the case for and against immigration. They touch on topics such as asylum policies, increase in border encounters, family linking in immigration, illegal immigration in the 1990s, Trump's immigration policy, concerns about fentanyl, cultural attitudes towards immigration, economic impact of immigration, and the need for comprehensive immigration policies.

Dan Romero and Erik Torenberg discuss their intellectual evolution, the resurgence of San Francisco, ideas gaining momentum due to tech politics, importance of city promotion, evolving media-tech relationship, tech employees' power, power dynamics in government, lack of scrutiny on government, and separating ideas from the person.

Erik Torenberg and Dan Romero discuss Farcaster's rapid growth, challenges of decentralization, and future of social media. They touch on user engagement, monetization strategies, and scaling to accommodate a billion users. The podcast explores the impact of Frames, community building, and the potential hurdles of going public in a competitive market.

Dan Romero, an expert in international relations and politics, joins Noah Smith and Erik Torenberg to discuss the overuse of the term 'fascism,' the impact of Twitter on journalists, the approaches of Trump and Xi Jinping, economic policies and technological competitiveness, the ongoing conflict between Ukraine and Russia, and the future of American defense.

Dan discusses scaling Coinbase, crypto ideologies, fast-growing startups, self-learning journey, globalism, history of communism, Nixon's presidency, predicting future tech, reflections on society, morality, and Peter Thiel's perspectives.