Mike Ippolito, a crypto media colleague and co-host of the Bell Curve podcast, shares insights on the recent surge in institutional interest in stablecoins. He discusses the drama surrounding Hyperliquid, which faced a market manipulation attack, and the significant milestone of the U.S. Treasury removing Tornado Cash from its sanctions list. Additionally, the conversation covers Robinhood's new banking features and what this means for the future of decentralized finance, sparking lively debates about the evolving crypto landscape.

In this conversation, Mike Ippolito, co-founder of Blockworks and host of the Bell Curve podcast, delves into the blockchain trilemma and the competitive landscapes of Ethereum, Solana, and Cosmos. He discusses each blockchain's unique approaches to scalability, security, and decentralization. The talk also ventures into the philosophical divides of state-sponsored versus free-market development, the role of validators, and the innovative solutions enhancing Ethereum's capabilities like rollups and zero-knowledge proofs.