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Dwarkesh Patel, a prominent voice in the AI space and author of "The Scaling Era," delves into the transformative power of artificial intelligence. He discusses the critical scaling laws driving AI advancements and the ongoing quest for artificial general intelligence. Patel offers insight into AI's limitations, particularly its inability to learn in real-time, and emphasizes the moral implications of AI development. He highlights the potential socioeconomic shifts brought by AI and the pressing need for robust governance to ensure ethical alignment with human values.

Andrew Keys and David Merin join us to unveil the Ether Machine—a bold new strategy to make ETH the internet’s reserve currency. We unpack their ambitious plan to acquire and actively manage hundreds of thousands of ETH, why they believe ETH is more than just a treasury asset, and how institutional capital can finally understand and tap into Ethereum’s full potential. From staking and restaking to DeFi yield generation and Wall Street education, this episode explores why Ether is not just digital oil—it’s the engine of the next internet.------📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24 https://bankless.cc/spotify-premium------BANKLESS SPONSOR TOOLS:🪙FRAX | SELF SUFFICIENT DeFihttps://bankless.cc/Frax 🦄UNISWAP | SWAP ON UNICHAINhttps://bankless.cc/unichain 🛞MANTLE | MODULAR LAYER 2 NETWORKhttps://bankless.cc/Mantle 🟠BINANCE | THE WORLDS #1 CRYPTO EXCHANGEhttps://bankless.cc/binance🦎COINGECKO API | REAL-TIME CRYPTO PRICE & MARKET DATAhttps://bankless.cc/coingecko------TIMESTAMPS0:00 Intro1:32 How Much Ether?4:57 Other ETH Treasuries9:41 Ether Machine12:46 ETH vs BTC17:27 Ether Machine DeFi Strategy21:14 Explaining ETH to Wall Street26:01 How Big is ETH?28:14 ETH ETFs vs Ether Machine37:13 Andrew’s Journey40:54 Gensler’s SEC Era43:30 Michael Saylor of ETH?49:29 Decentralization Worries52:09 ETH’s Narrative Problem56:47 The Institutional Cycle1:00:41 Closing------RESOURCESThe Ether Machinehttps://x.com/TheEtherMachine https://ethermachine.com/ Andrew Keyshttps://x.com/ak_ethermachine David Merinhttps://x.com/dfmerin ------Not financial or tax advice. See our investment disclosures here:https://www.bankless.com/disclosures⁠ 

Jesse Pollak, the visionary behind Base, unveils his ambitious crypto-powered everything app designed to empower creators and redefine social media. He discusses how Base tackles the challenges creators face, offering equitable revenue models and innovative features to enhance user interactions. Pollak shares insights on content optimization strategies aimed at achieving virality and highlights the rise of mini apps within the platform. He also addresses concerns around creator monetization, painting an exciting picture of a more decentralized and rewarding digital economy.

The cryptocurrency market has hit a staggering $4 trillion cap, sparking conversations about the implications of the newly passed Genius Bill on stablecoins and digital assets. There's a deep dive into the exciting inflows of Ethereum ETFs and the ongoing courtroom drama surrounding the Roman Storm trial. The hosts also compare the dynamics of Bitcoin and Ethereum, discuss innovations in decentralized finance, and unravel the challenges faced by new crypto ventures amid evolving regulations.

Sam Tabar, CEO of Bit Digital and a key player in ETH treasury strategies, dives deep into the burgeoning competition for Ethereum dominance among public companies. He discusses why Bit Digital is betting big on Ether, equating their approach to Michael Saylor's Bitcoin strategies but tailored for ETH. The conversation includes insights on staking strategies, ETH yields, and the innovative dynamics reshaping institutional adoption of Ethereum. Tabar also addresses the risks and opportunities of the evolving crypto landscape.

In this discussion, Nick Maggiulli, author of 'Just Keep Buying' and 'The Wealth Ladder', shares his expertise on wealth building. He breaks down six stages of wealth, highlighting the evolution of strategies needed as one climbs higher. Nick emphasizes the balance between wealth and happiness, exploring how to navigate financial complexities and avoid get-rich-quick traps, particularly in crypto. He encourages listeners to focus on realistic financial goals while understanding that true success isn't just about reaching the top of the wealth ladder.

Matt Jobbe and Brian Tubergen, co-founders of Coinwatch, are on a mission to reveal the truth behind crypto market makers. They discuss the shocking ways market makers have manipulated token prices and how this has harmed retail investors. The duo introduces Coinwatch Track, a tool designed to bring transparency to these opaque practices. By utilizing trusted execution environments, they aim to restore faith in the market and attract more capital into crypto. Tune in to hear how transparency could change the landscape of digital finance!

In this discussion, Alex Blania, Co-founder of Worldcoin, tackles the rise of AI-driven bots undermining online authenticity. He presents a revolutionary vision for secure identity verification using iris-scanning orbs that's privacy-focused yet efficient. The conversation dives into Worldcoin's integration with apps and its potential to transform internet citizenship, while addressing concerns around biometrics and government regulations. Alex’s insights could reshape how we perceive identity and trust in a digital world inundated with spam and bots.

Celebrate the rise of Bitcoin and Ethereum as they reach new heights, with Bitcoin hitting an all-time high and ETH nearing $7,000. Dive into the political landscape with Donald Trump's thoughts on the Federal Reserve. Explore the influx of institutional interest in these cryptocurrencies and the competitive race for ETH treasuries. Innovations like the Coinbase Base app and updates on legal challenges in crypto also get some airtime, showcasing the rapidly evolving world of digital assets.

Michael Nadeau, an analyst at The DeFi Report, dives into the bullish momentum surrounding Ethereum, highlighting key Q2 fundamentals. He discusses the surge in institutional demand and the impact of ETF flows, suggesting ETH may still be undervalued. Nadeau also explores the growth of stablecoins, the potential of Ethereum as a store of value, and the framework for real-world assets on-chain. Additionally, he analyzes metrics that could signal the next phase of Ethereum’s bull run, emphasizing the evolving dynamics of decentralized finance.