Bankless

Drew Endy, the father of synthetic biology, John Cumbers, CEO of SynBioBeta, and Jennifer Holmgren, CEO of LanzaTech, explore the groundbreaking world of synthetic biology. They discuss how reprogramming DNA can lead to sustainable solutions, such as creating clothing from carbon emissions. The conversation reflects on transforming industries like medicine and energy through advanced biological processes. The guests envision a future where innovation restores balance between humanity and nature, opening doors to a circular economy and addressing climate change.

Today we're joined by James Seyffart, a research analyst at Bloomberg who's the perfect person to answer our questions regarding the convergence of crypto and ETFs. We dive into: - The probabilities of a Blackrock Bitcoin ETF and why - Important dates in which the SEC will need to give us answers - Neutrality, or lack thereof around the ETF approval process ------ 🚀 Join Ryan & David at Permissionless in September. Bankless Citizens get 30% off. 🚀 https://bankless.cc/GoToPermissionless  ------ BANKLESS SPONSOR TOOLS: 🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE https://k.xyz/bankless-pod-q2 🦊METAMASK PORTFOLIO | TRACK & MANAGE YOUR WEB3 EVERYTHING https://bankless.cc/MetaMask  ⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum 🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle 👾POLYGON | VALUE LAYER OF THE INTERNET https://polygon.technology/roadmap  ------ TIMESTAMPS 0:00 Intro 7:44 What is an ETF? 13:00 ETF History Lesson 17:40 ETF Market Size and Holders 22:46 Types of ETFs 27:02 Where Are These Assets Stores 34:04 Who Approves ETFs? 40:08 Neutrality Of Regulators 44:16 Types of Bitcoin ETFs 49:17 Reasons For Rejection 55:12 Does Gary Just Hate Crypto? 58:13 Does Blackrock Change Things? 1:04:46 Will Blackrock Get Approved? 1:15:20 Possible Approval Dates 1:19:09 Lack of ETFs to Blame For Crypto Fallout? 1:28:38 Why Should we Care? 1:34:14 Risks and Disclaimers ------ RESOURCES James on Twitter: https://twitter.com/JSeyff  Trillions Podcast: https://www.bloomberg.com/podcasts/series/trillions  ------ 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

Raoul Pal, founder and CEO of Real Vision and a macroeconomic expert, takes the reins as he interviews Bankless creators, David and Ryan. They share their personal journeys into crypto and the inception of the Bankless movement. The trio dives into the transformation from skepticism to embracing decentralization, the evolution of Web3, and the importance of fostering innovation in the crypto space. They also discuss the challenges of tribalism within the community and how to navigate the emotional landscape of public scrutiny while aiming for unity.

The discussions highlight Larry Fink's bullish stance on Bitcoin, suggesting it could revolutionize finance. Delve into the current NFT winter and how Bitcoin's market sentiments are shifting, shaped by institutional interest. There's a focus on the stark contrasts between centralized and decentralized finance, and the implications of upcoming launches like Base by Coinbase. Also examined are the regulatory challenges and the influential power dynamics at play within the cryptocurrency ecosystem.

Join AI researcher Daniel Shorr from Modulus Labs and cryptographer Justin Drake from the Ethereum Foundation as they dive into the exciting intersection of zero-knowledge technology and artificial intelligence. They discuss how ZKML can enhance the integrity of AI outputs and the transformative potential of on-chain verification. With insights on decentralized applications and AI in gaming, they explore the risks of biased models and the promising future of reliable and secure AI systems, urging listeners to embrace this new frontier.

Warren Davidson, a U.S. Congressman from Ohio's 8th District and a staunch advocate for cryptocurrency, dives into some pressing issues in this conversation. He discusses his push to potentially remove SEC Chair Gary Gensler, citing the regulatory challenges faced by the crypto community. The SEC Stabilization Act is explored as a remedy for market fairness. Davidson also addresses the U.S.'s competitive edge in the crypto space against countries like Europe and Japan, advocating for more legislative support for blockchain innovation.

Raoul Pal, Co-Founder and CEO of Real Vision, shares his insights on the future of cryptocurrency as the market crawls out of its winter. He discusses the aftermath of the 2022 meltdown and his deflation thesis, claiming deflation may be more likely than inflation. The conversation dives into how AI will transform investing and what it means for crypto. Pal emphasizes the importance of navigating current liquidity indicators and hints at an impending bullish shift, encouraging a community-focused approach to investment.

The podcast dives into the escalating Bitcoin ETF race, unpacking strategies from major players like Fidelity and ARK Invest. A spotlight is on zkSync's introduction of the innovative ZK Stack, paving the way for advanced blockchain applications. The conversation also touches on Bitcoin's recent price dynamics and Ethereum's 'flippening' moment. Lastly, the rising trend of layer two solutions in crypto is explored, addressing how decentralized apps can capitalize on the expanding blockchain landscape.

In this engaging discussion, Vitalik Buterin, co-founder of Ethereum, and Sreeram Kannan, founder of Eigenlayer, lead an all-star panel on the complex topic of restaking in the Ethereum ecosystem. They dive deep into the potential benefits and risks of restaking, balancing economic security against decentralization. The panel also explores advanced cryptographic concepts, innovative DeFi solutions, and strategic considerations for future upgrades. With insights from other experts like Jessy and Justin, it’s a rich conversation pushing boundaries in crypto.

Vitalik Buterin, co-founder of Ethereum and a leader in the blockchain universe, shares insights on the innovative Zuzalu experiment. He discusses how this unique two-month initiative brought together 200 participants to delve into frontier technologies, emphasizing community building and collaboration. Vitalik explains concepts like ZuPass and the philosophical implications of intertwining AI, crypto, and synthetic biology. He highlights the transformative potential of decentralized governance and how shared living experiences foster deep connections and innovative ideas.