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Jun 26, 2023 • 1h 35min

177 - AI is a Ticking Time Bomb with Connor Leahy

AI is here to stay, but at what cost? Connor Leahy is the CEO of Conjecture, a mission-driven organization that’s trying to make the future of AI go as well as it possibly can. He is also a Co-Founder of EleutherAI, an open-source AI research non-profit lab. In today’s episode, Connor and David cover:  1) The intuitive arguments behind the AI Safety debate 2) The two defining categories of ways AI could end all of humanity 3) The major players in the race towards AGI, and why they all seem to be ideologically motivated, rather than financially motivated  4) Why the progress of AI power is based on TWO exponential curves 5) Why Connor thinks government regulation is the easiest and most effective way of buying us time  ------ 🚀 Unlock $3,000+ in Perks with Bankless Citizenship 🚀 https://bankless.cc/GetThePerks  ------ 📣 CYFRIN | Smart Contract Audits & Solidity Course https://bankless.cc/cyfrin  ------ BANKLESS SPONSOR TOOLS:  🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE https://k.xyz/bankless-pod-q2  🦊METAMASK LEARN | HELPFUL WEB3 RESOURCE https://bankless.cc/MetaMask   ⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum   🧠 AMBIRE | SMART CONTRACT WALLET https://bankless.cc/Ambire  🦄UNISWAP | ON-CHAIN MARKETPLACE https://bankless.cc/uniswap  🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle  ----------- TIMESTAMPS 0:00 Intro 3:12 AI Alignment Importance 9:40 Finding Neutrality 14:16 AI Doom Scenarios 21:06 How AI Misalignment Evolves 25:56 The State of AI Alignment 32:07 The AI Race Trap 41:49 Motivations of the AI Race 56:18 AI Regulation Efforts 1:14:28 How AI Regulation & Crypto Compare 1:21:44 AI Teachings of Human Coordination 1:36:53 Closing & Disclaimers ----------- RESOURCES Connor Leahy https://twitter.com/NPCollapse   Conjecture Research https://www.conjecture.dev/research/   EleutherAI Discord https://discord.com/invite/zBGx3azzUn   Stop AGI https://www.stop.ai/   ----------- Related Episodes: We’re All Gonna Die with Eliezer Yudkowsky https://www.youtube.com/watch?v=gA1sNLL6yg4  How We Prevent the AI’s from Killing us with Paul Christiano https://www.youtube.com/watch?v=GyFkWb903aU  ----------- 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 
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Jun 23, 2023 • 1h 42min

ROLLUP: What BlackRock's Bitcoin ETF Means For Crypto

Bankless Weekly Rollup 4th Week of June 2023  ------ 🚀 Unlock $3,000+ in Perks with Bankless Citizenship 🚀 https://bankless.cc/GetThePerks  ------ 📣 CYFRIN | Smart Contract Audits & Solidity Course https://bankless.cc/cyfrin  ------ BANKLESS SPONSOR TOOLS:  🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE https://k.xyz/bankless-pod-q2   🦊METAMASK LEARN | HELPFUL WEB3 RESOURCE https://bankless.cc/MetaMask   ⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum   🧠 AMBIRE | SMART CONTRACT WALLET https://bankless.cc/Ambire  🦄UNISWAP | ON-CHAIN MARKETPLACE https://bankless.cc/uniswap  🎮IMMUTABLE | GAMING ECOSYSTEM https://bankless.cc/Immutable   🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle  ------ Timestamps & Resources 00:00 Intro   4:46 MARKETS https://blockworks.co/news/ethereum-staked-to-flip-eth  https://www.theblock.co/data/on-chain-metrics/ethereum/cumulative-eth-deposited-to-beacon-chain-and-validators  https://www.theblock.co/data/on-chain-metrics/ethereum/cumulative-eth-deposited-to-beacon-chain-and-validators  https://twitter.com/eigen_intern/status/1671178301149265920?s=20    18:16 Blackrock Bitcoin ETF https://twitter.com/Delphi_Digital/status/1671221306413416461?s=20  https://www.coindesk.com/business/2023/06/15/blackrocks-ishares-files-paperwork-for-spot-bitcoin-etf/?utm_source=twitter&utm_term=organic&utm_medium=social&utm_campaign=coindesk_main&utm_content=editorial   https://www.sec.gov/Archives/edgar/data/1980994/000143774923017574/bit20230608_s1.htm  https://twitter.com/fintechfrank/status/1671135185545441280  https://twitter.com/jchervinsky/status/1669502687749054465?s=20  https://twitter.com/coinbureau/status/1671805994039492609?s=20     26:08 Fidelity, Charles Schwab and Citadel launch a CEX https://www.businesswire.com/news/home/20230620110605/en/Digital-Asset-Platform-EDX-Markets-Begins-Trading-and-Completes-New-Funding-Round  https://www.linkedin.com/feed/update/urn:li:activity:7076934393608511488/  https://edxmarkets.com/join-edx/  https://twitter.com/ramahluwalia/status/1671218922589175810?s=20  https://www.coindesk.com/business/2023/06/20/new-crypto-exchange-backed-by-fidelity-schwab-and-citadel-launches/  33:42 Polygon 2.0 https://polygon.technology/blog/polygon-2-0-polygon-pos-zk-layer-2?utm_source=twitter&utm_medium=social  47:40 ZachXBT Lawsuit https://twitter.com/zachxbt/status/1669783717236342785?s=46&t=2ZINVXJQKx6xO_6Wiiu_2g  https://twitter.com/machibigbrother/status/1670819142050652160?s=20  https://twitter.com/BanklessHQ/status/1669807545194803200?s=20  57:05 Goose Sells For $5.4M https://twitter.com/Sothebysverse/status/1669441570863566875?s=20  1:02:09 Fortnite x Nike .swish https://www.epicgames.com/help/en-US/fortnite-c5719335176219/epic-accounts-c5719365892123/earn-achievements-on-swoosh-a16225767406107  1:05:00 Metamask Integrates Conext Network https://twitter.com/ConnextNetwork/status/1669718823484764161  1:10:25 Questions From The Nation https://discord.com/channels/615592155481767941/1058053004705669211/1119374915565523164  https://discord.com/channels/615592155481767941/1058053004705669211/1121292294054760508  1:20:51 Takes of the Week https://twitter.com/ercwl/status/1670482207956168705?t=hInEHE4udRw9PEN_oe3KyA&s=19  https://twitter.com/nixorokish/status/1670484525472952320  https://twitter.com/cburniske/status/1671556663864619010  1:32:33 What Are We Bullish On 1:40:02 Risks And Disclaimers   ---- 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 
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Jun 22, 2023 • 59min

$30k BTC & Beyond? BlackRock Bitcoin ETF with Austin Campbell

Austin Campbell is the managing partner of Zero Knowledge Consulting, an adjunct professor at Columbia Business School, and used to work at Paxos in both Portfolio Management and Chief Risk Officer. He also was Co-Head of Digital Assets in Global Rates at CitiBank at JP Morgan for a decade.  Austin knows a thing or two about the TradWorld and we brought him on to help us navigate all of the TradNews that has surfaced in the last two weeks around the crypto space.  ------ 🚀 Unlock $3,000+ in Perks with Bankless Citizenship 🚀 https://bankless.cc/GetThePerks  ------ 📣 CYFRIN | Smart Contract Audits & Solidity Course https://bankless.cc/cyfrin  ------ BANKLESS SPONSOR TOOLS: 🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE https://k.xyz/bankless-pod-q2    🦊METAMASK LEARN | HELPFUL WEB3 RESOURCE https://bankless.cc/MetaMask   ⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum   🧠 AMBIRE | SMART CONTRACT WALLET https://bankless.cc/Ambire  🦄UNISWAP | ON-CHAIN MARKETPLACE https://bankless.cc/uniswap  🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle  ----- TIMESTAMPS:  0:00 Intro 5:12 Austin Campbell 7:14 TradFi Last Two Weeks  10:59 Political Conspiracy 15:05 Timing Analysis  17:17  BlackRock Bitcoin ETF 20:05 Other Bitcoin ETFs Denied  22:47 What's the SEC's Next Move? 24:00 How Bullish is This?  26:13 BlackRock & Coinbase/Kraken Partnership  31:15 EDX Markets  37:22 Unbundling of Crypto Exchanges 42:22 Stablecoins Landscape  49:55 Stablecoin McHenry Bill 56:50 International Stablecoins  57:55 Closing & Disclosures ----- RESOURCES: Austin Campbell https://twitter.com/CampbellJAustin  ----- 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 
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Jun 21, 2023 • 59min

Zora Announces The "Zora Network"

Today’s guest is Jacob from Zora who is here to announce the Zora Network! A layer 2 solution that allows creators of any kind the ability to mint their ideas in a much more scalable way. Tune in as Jacob walks us through everything new and improved with Zora. ------ 🚀 Unlock $3,000+ in Perks with Bankless Citizenship 🚀 https://bankless.cc/GetThePerks  ------ 📣 CYFRIN | Smart Contract Audits & Solidity Course https://bankless.cc/cyfrin  ------ BANKLESS SPONSOR TOOLS: 🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE https://k.xyz/bankless-pod-q2   🦊METAMASK LEARN | HELPFUL WEB3 RESOURCE https://bankless.cc/MetaMask   ⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum   🧠 AMBIRE | SMART CONTRACT WALLET https://bankless.cc/Ambire  🦄UNISWAP | ON-CHAIN MARKETPLACE https://bankless.cc/uniswap  🎮IMMUTABLE | GAMING ECOSYSTEM https://bankless.cc/Immutable   🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle  ----- Topics Covered 0:00 Intro 2:22 Episode Overview 7:26 Jacob's Take On The Internet 11:52 A Network Of Walled Gardens 14:10 Defining Zora 17:41 The Frontier Of Digital Expression 22:28 A Platform Without Constraints 26:16 Announcing The Zora Network! 34:54 What's Next For Zora? 40:13 Creating An L2 Schelling Point 42:23 Does The Zora Chain Host Data? 46:13 Wen Token? 49:04 On-Chain vs On Chain 50:45 The Future Is Weird 54:12 A Marketplace Without Constraint 56:07 Expand Ethereum/Outro ----- Resources: Zora Twitter https://twitter.com/ourzora  Jacob Twitter: https://twitter.com/js_horne   ----- 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 
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Jun 19, 2023 • 1h 17min

176 - What is Money in the Digital Age? with Brendan Malone

Today’s guest is Brendan Malone. He currently works at Paradigm’s Policy Department. But before that, he focused on crypto policy issues at no other than the Federal Reserve. In this episode, we get deep into answering one, if not the most Bankless questions. What is Money? And what does the answer look like in the Digital Age? ------ ✨ DEBRIEF | Unpacking the episode: https://www.bankless.com/debrief-brendan-malone  ------ 🚀 Unlock $1,000+ in Perks with Bankless Citizenship 🚀 https://bankless.cc/GetThePerks  ------ 📣 CYFRIN | Smart Contract Audits & Solidity Course https://bankless.cc/cyfrin  ------ BANKLESS SPONSOR TOOLS: 🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE https://k.xyz/bankless-pod-q2    🦊METAMASK LEARN | HELPFUL WEB3 RESOURCE https://bankless.cc/MetaMask   ⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum   🧠 AMBIRE | SMART CONTRACT WALLET https://bankless.cc/Ambire  🦄UNISWAP | ON-CHAIN MARKETPLACE https://bankless.cc/uniswap  🎮IMMUTABLE | GAMING ECOSYSTEM https://bankless.cc/Immutable   🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle  ----- Topics Covered 0:00 Intro 5:40 What is Money? 10:34 The Moneyness Spectrum 16:59 How do Current Forms of Money Rank? 21:03 How Much is a Dollar Worth? 29:16 The Difference between Money and Credit 38:30 Losing Trust in the Dollar 48:29 The Role of a Central Bank 54:14 The Future of Money 1:04:26 Why Now? 1:07:14 New Technology Implications 1:10:40 The Case for Crypto  1:18:55 Closing and Disclaimers ----- Resources: Brendan Twitter https://twitter.com/brendanpmalone   Read Moneyness In The Digital Age https://policy.paradigm.xyz/writing/moneyness-in-the-digital-age   ----- 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 
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Jun 16, 2023 • 1h 25min

ROLLUP: Prometheum SEC Psyop Exposed

Bankless Weekly Rollup 3rd Week of June 2023  ------ 🚀 Unlock $1,000+ in Perks with Bankless Citizenship 🚀 https://bankless.cc/GetThePerks  ------ 📣 CYFRIN | Smart Contract Audits & Solidity Course https://bankless.cc/cyfrin  ------ BANKLESS SPONSOR TOOLS:  🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE https://k.xyz/bankless-pod-q2    🦊METAMASK LEARN | HELPFUL WEB3 RESOURCE https://bankless.cc/MetaMask   ⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum   🧠 AMBIRE | SMART CONTRACT WALLET https://bankless.cc/Ambire  🦄UNISWAP | ON-CHAIN MARKETPLACE https://bankless.cc/uniswap  🎮IMMUTABLE | GAMING ECOSYSTEM https://bankless.cc/Immutable   🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle  ------ Timestamps & Resources 00:00 Intro 4:30 MARKETS https://www.nbcnews.com/business/economy/federal-reserve-interest-rate-decision-june-2023-pause-how-much-rcna88922  https://twitter.com/cryptobyrde/status/1667397644975742977  https://messari.io/screener  15:20 SEC Shenanigans #1 - Prometheum https://twitter.com/RyanSAdams/status/1669076846070341633  https://twitter.com/MattWalshInBos/status/1669061636953366528  https://www.linkedin.com/posts/laurashin_prometheum-just-got-the-nod-from-us-activity-7069417456787681280-3Xrj  https://twitter.com/collins_belton/status/1669081113191391236   https://twitter.com/adamscochran/status/1669143092274888704   29:40 SEC Shenanigans #2 - Hinman’s Emails https://storage.courtlistener.com/recap/gov.uscourts.nysd.551082/gov.uscourts.nysd.551082.831.70.pdf  https://twitter.com/MikeSeligEsq/status/1668591059968950272  https://twitter.com/nic__carter/status/1668606359078567937  https://twitter.com/venturecoinist/status/1667172894307229703  35:00 SEC Shenanigans #3 - SEC Wants 120 Days https://twitter.com/iampaulgrewal/status/1668742688689070083  https://twitter.com/0xPolygonLabs/status/1667643925232852996  https://twitter.com/SolanaFndn/status/1667578529612017666  https://robinhood.com/us/en/support/ articles/cardano-polygon-solana-update/   38:50 SEC Hypocrisy https://twitter.com/twobitidiot/status/1667488291216584705  https://twitter.com/twobitidiot/status/1668328519334780928  https://twitter.com/TrustlessState/status/1667957205864202243  42:30 SEC Stabilization Act https://twitter.com/WarrenDavidson/status/1668305460368121857  https://twitter.com/WarrenDavidson/status/1668316484198596627   https://twitter.com/NTmoney/status/1666108498747457536  45:10 CFTC v Ooki DAO https://www.cftc.gov/PressRoom/PressReleases/8715-23  https://twitter.com/lex_node/status/1667351457861971969  50:37 Uniswap V4  https://twitter.com/Uniswap/status/1668603580184502276  https://eips.ethereum.org/EIPS/eip-1153   1:02:10 Eigenlayer Mainnet Launch https://twitter.com/eigenlayer/status/1669065156427681792  1:04:35 Polygon 2.0 https://twitter.com/0xPolygonLabs/status/1668312616459030528  1:06:35 Optimism's Bedrock Migration https://twitter.com/hildobby_/status/1667097126482984960  https://imgur.com/f2hqf1q  1:07:05 NFTs Kraken is launching Kraken NFT https://twitter.com/krakennft/status/1666821582004846593  1:08:24 Blackrock will file for BTC ETF soon https://www.theblock.co/post/234910/blackrock-bitcoin-etf-coinbase-coindesk  https://www.theblock.co/post/167392/blackrock-taps-krakens-cf-benchmarks-to-power-its-bitcoin-offering-exclusive  1:09:14 Hong Kong tells Banks to accept crypto https://www.coindesk.com/policy/2023/06/15/hong-kong-put-pressure-on-three-major-banks-to-take-on-crypto-exchanges-as-clients-report/  1:10:10 Bank of China issues $28M in structured digital notes on Ethereum blockchain https://www.ubs.com/global/en/media/display-page-ndp/en-20230609-tokenized-notes.html?caasID=CAAS-ActivityStream  1:10:45 Taiko alpha-3 testnet is live!  https://twitter.com/taikoxyz/status/1666429573737877505  1:11:23 Lens Protocol announced its $15 million funding round https://twitter.com/lensprotocol/status/1666804101580214275   1:11:47 Jobs https://bankless.pallet.com/jobs/bfe59a15-07a6-406c-b802-222efd113b66  1:15:19 TAKES https://twitter.com/jessewldn/status/1668209744505458693   https://twitter.com/TrustlessState/status/1669329814568747009   1:17:48 What Are We Bullish On? 1:22:20 Meme Of The Week https://twitter.com/Permissionless/status/1666851078250328064   1:23:04 Risks And Disclaimers 1:23:25 Moment of Zen https://twitter.com/cocothecorncob/status/1669341697363304448   ---- 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 
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Jun 13, 2023 • 1h 34min

Announcing Uniswap V4 With Hayden Adams

Hayden Adams joins us to announce the release of Uniswap V4! He walks us through innovations new to Uniswap like hooks and singleton contracts in addition to a new upgrade that can lower gas costs up to 90%. To launch V4 we need your help, the community, to contribute your opinions and decide the fate of this new protocol. ------ 📣 ASYMETRIX PROTOCOL https://bankless.cc/asymetrix  ------ 🚀 Unlock $1,000+ in Perks with Bankless Citizenship 🚀 https://bankless.cc/GetThePerks  ------ BANKLESS SPONSOR TOOLS:  🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE https://k.xyz/bankless-pod-q2   🦊METAMASK LEARN | HELPFUL WEB3 RESOURCE https://bankless.cc/MetaMask   👾STADER LABS | ETHX LIQUID STAKING https://bankless.cc/Stader ⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum   🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION https://bankless.cc/Toku   🎮IMMUTABLE | GAMING ECOSYSTEM https://bankless.cc/Immutable   🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle  ------ TIMESTAMPS: 0:00 Intro 5:56 Introducing Hayden 7:37 V4 Launch Date? 9:12 What Goes Live Today? 10:28 How Far Has Uniswap Come? 12:14 Can Uniswap Get Any Bigger? 13:52 Are Centralized Exchanges Competitors? 16:28 Why Do We Need V4 20:10 V4's Flagship Feature 24:47 Introducing, TWAM 28:29 A New Uniswap Fee Structure 33:57 How V4 Solves Efficiency 38:27 Singleton Contracts 41:08 The Gas Refund 43:29 The Hook Centric Roadmap 46:59 What Rollups Will Uniswap Live On? 51:34 Who Will Be Building Hooks 58:20 Fees On Withdrawals 1:05:35 Why Hooks? 1:10:18 Will Liquidity Migrate To V4? 1:16:34 How V4 Is Like a Centralized Exchange 1:20:47 Is This The Last Uniswap Upgrade? 1:22:38 Has Defi Peaked? 1:30:10 How To Get Started On V4 ------ RESOURCES: Uniswap V4 Blog Post: https://blog.uniswap.org/uniswap-v4  Hayden Adams: https://twitter.com/haydenzadams   Uniswap Labs: https://twitter.com/Uniswap   Hayden Last on Bankless: https://www.youtube.com/watch?v=9fqJzS08pPc   ------ 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
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Jun 12, 2023 • 1h 17min

175 - 400M PayPal Users to Crypto with Jose Fernandez da Ponte

Can we go Bankless using PayPal? We brought on Jose Fernandez da Ponte, the Senior Vice President of Blockchain, Crypto, and Digital Currencies at PayPal and Venmo to help us answer that question. Jose is responsible for driving PayPal’s efforts to bring the utility of crypto-assets and crypto-networks to their hundreds of millions of global consumers.  He also knows a thing or two about how the banking system works and how to fix it. And we also got the SVP of PayPal to say, “DeFi Mullet,” not once, but three times.  *PayPal currently offers crypto services only in the U.S., U.K., and Luxembourg. Venmo is available in the US only. ------ ✨ DEBRIEF | Unpacking the episode:  https://www.bankless.com/debrief-jose-paypal  ------ 🚀 Unlock $1,000+ in Perks with Bankless Citizenship 🚀 https://bankless.cc/GetThePerks  ------ In today’s episode, we cover:  1) What PayPal sees in crypto  2) What PayPal’s 400M accounts can do with crypto today  3) How we get to $1T in stablecoins 4) What’s the role of CDBCs in a world of highly successful stablecoins? Can CDBCs and crypto co-exist? 5) Jose’s contrarian view on crypto regulatory environment in the U.S. and why he sees it as a “glass half full” ------ BANKLESS SPONSOR TOOLS:  🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE https://k.xyz/bankless-pod-q2    🦊METAMASK LEARN | HELPFUL WEB3 RESOURCE https://bankless.cc/MetaMask   👾STADER LABS | ETHX LIQUID STAKING https://bankless.cc/Stader  ⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum   🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION https://bankless.cc/Toku   🎮IMMUTABLE | GAMING ECOSYSTEM https://bankless.cc/Immutable   🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle  ------ TIMESTAMPS: 0:00 Intro 7:55 What a PayPal Dollar Is 11:21 PayPal & Venmo Crypto 16:29 The Crypto Strategy  22:59 DeFi Mullet  27:33 Service Providers  31:24 Is Crypto Useless? 32:30 PayPal’s Crypto Back-End 34:40 How Hard Was PayPal’s Crypto Integration?  36:35 Path to $1T In Stablecoins 40:31 Payments 44:36 Gaming  46:46 Network Integration  49:47 DeFi on PayPal’s Radar?  56:38 What’s Broken About U.S. Banking? 1:01:51 Settlement in the U.S.  1:06:32 Best Digital Cash Society  1:13:10 Stablecoins in the U.S. 1:16:25 Crypto Regulation  1:20:44 Making Crypto More Useable  1:23:30 Closing & Disclaimers ------ RESOURCES: Jose Fernandez da Ponte https://www.linkedin.com/in/jose-fernandez-da-ponte-a46ba81/  Payments and Evolution of Stablecoins Paper https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4425922  ------ 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 
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Jun 9, 2023 • 1h 17min

ROLLUP: Gary And The SEC Will Not Defeat Crypto

Bankless Weekly Rollup 2nd Week of June 2023  ------ 🚀 AIRDROP ALPHA 🚀 https://bankless.cc/Alpha  ------ 🚀 Asymetrix Go to https://bankless.cc/asymetrix  ------ BANKLESS SPONSOR TOOLS:  🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE https://k.xyz/bankless-pod-q2    🦊METAMASK LEARN | HELPFUL WEB3 RESOURCE https://bankless.cc/MetaMask   👾STADER LABS | ETHX LIQUID STAKING https://bankless.cc/Stader  ⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum   🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION https://bankless.cc/Toku   🎮IMMUTABLE | GAMING ECOSYSTEM https://bankless.cc/Immutable   🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle  ------ Topics Covered 1:09 MARKETS 6:29 Are we at a Local High? 9:25 Ethereum Validator Queue 12:52 CEX Volume Stats https://www.theblock.co/data/crypto-markets/spot/usd-support-exchange-volume-market-share   17:23 Gary Gensler on CNBC https://youtu.be/VKxXdUvMqAc?t=277  19:28 SEC Sues Binance US https://www.sec.gov/news/press-release/2023-101  https://www.sec.gov/news/press-release/2023-103  https://www.cnbc.com/2023/06/07/binance-lawyers-say-sec-chair-gensler-offered-to-be-advisor-in-2019.html  26:13 SEC Sues Coinbase https://www.sec.gov/news/press-release/2023-102  https://twitter.com/MikeSeligEsq/status/1666063676145819648?s=20  31:34 Can Gary Get Away With This? 33:51 Cypherpunks Take https://twitter.com/udiWertheimer/status/1666077587792166914?s=20  https://twitter.com/jack/status/1666078896327122946?s=20  38:39 Optimism Bedrock! https://twitter.com/optimismFND/status/1666155844776361985?s=20  https://twitter.com/jessepollak/status/1664349169073414147  41:47 Arbitrum Ran Out Of Gas https://www.dlnews.com/articles/defi/arbitrum-came-to-a-halt-as-its-sequencer-ran-out-of-gas/  43:42 ETH Validator Proposal https://ethresear.ch/t/increase-the-max-effective-balance-a-modest-proposal/15801  49:22 ENS Upgrades https://twitter.com/nicksdjohnson/status/1666368619876327424  https://www.my.box/ 51:29 Rocketpool on zkSync Era https://twitter.com/Rocket_Pool/status/1664276628468547587  52:58 Pooltogether Case Dismissed https://twitter.com/lay2000lbs/status/1666532463428943875?s=20  56:12 Questions From The Nation https://discord.com/channels/615592155481767941/1058053004705669211/1114707321000562738  https://discord.com/channels/615592155481767941/1058053004705669211/1115619057593495552  1:03:12 Takes Of The Week https://twitter.com/zmanian/status/1658152508571697152?s=46  https://twitter.com/dankrad/status/1664958413829185536?s=46  https://twitter.com/FEhrsam/status/1665796974346420224?s=20  https://twitter.com/qaatani9/status/1664292528655413250?s=20  1:10:28 What Are We Bullish On? 1:14:05 Get More Of Anthony 1:15:29 Meme Of The Week https://twitter.com/pseudotheos/status/1665730241845944331?s=46  1:16:15 Risks And Disclaimers ---- 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 
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Jun 7, 2023 • 1h 5min

100M$ Fight for Crypto in D.C. with Ryan Selkis

Today we're joined by Ryan Selkis, the Founder and CEO of Messari and an outspoken political advocate for the crypto industry. We explore the current state of Crypto Regulation and how Ryan plans to fight in Washington with the Digital Freedom Alliance. ------ 📣 ASYMETRIX PROTOCOL https://bankless.cc/asymetrix  ------ 🚀 Airdrop Alpha is waiting for you on Bankless.com  https://bankless.cc/Alpha    ------ BANKLESS SPONSOR TOOLS:  🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE https://k.xyz/bankless-pod-q2     🦊METAMASK LEARN | HELPFUL WEB3 RESOURCE https://bankless.cc/MetaMask   ⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum   👾STADER LABS | ETHX LIQUID STAKING https://bankless.cc/Stader   🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION https://bankless.cc/Toku   🎮IMMUTABLE | GAMING ECOSYSTEM https://bankless.cc/Immutable   🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle   ------ Topics Covered 0:00 Intro 9:34 Does Washington Want to Kill Crypto? 15:45 How the US Affects Global Regulation 27:54 Ryan Selkis Proposal 43:10 What we can learn from SBF 51:20 The Digital Freedom Alliance 59:08 Why we have to Play Politics 1:03:49 What’s Next 1:08:00 Closing and Disclaimers ----- Resources: Ryan Selkis https://twitter.com/twobitidiot   Join the Digital Freedom Alliance https://joindfa.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 

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