Ethereum Evolution: The potential of improved financial infrastructure can open new business opportunities, while Ethereum's roadmap evolves through community discussions and collaboration among diverse teams in the crypto ecosystem.
Exploring the potential of a new financial infrastructure excited the speakers, as they discuss how better properties of money could lead to innovative business opportunities. They highlight Ethereum’s evolving roadmap and the ongoing conversations among its community about priorities. Furthermore, a conference named Permissionless aims to foster critical discussions among key figures from the crypto world, showcasing diverse opinions about Ethereum’s role. This underscores the importance of collaboration within the ecosystem, as various teams work on different parts of Ethereum simultaneously, ensuring progress in parallel. Overall, it emphasizes the dynamic nature of crypto and the potential future developments that could redefine how we understand finance and technology.
Ethereum Layers: Ethereum focuses on being a neutral, censorship-resistant layer, with ongoing debates about the balance between execution, data availability, and settlement functions, which may converge in future blockchain architectures.
Ethereum aims to remain the most neutral and censorship-resistant base layer within the blockchain ecosystem. Key discussions revolved around three main layers: settlement, data availability (DA), and execution. While views differ on the importance of execution versus settlement and DA, there is a consensus that all layers play crucial roles in the long-term success of Ethereum and are interdependent. As various layer one (L1) blockchains emerge, there's a belief that they may eventually converge towards similar architectures. This suggests a future where value flows back to applications built on these layers, promoting a more cohesive evolution in the crypto space. Encouragingly, while layer two solutions are essential for scalability and composability, they should not deter progress at the layer one level, as both layers must evolve together to address a complex set of challenges in the blockchain landscape.
Ethereum's Balance: Balancing focus on both Layer 1 and Layer 2 is essential for Ethereum. Relying too heavily on one area risks centralization and undermines the original ethos of decentralization that fueled DeFi's growth.
Ethereum's future hinges on balancing Layer 1 and Layer 2 developments. While enhancing Layer 1 might seem appealing, focusing solely on it could divert attention from solving Layer 2 interoperability challenges. A few dominant Layer 2 networks may lead to centralization, undermining Ethereum's original spirit of decentralization and inclusivity in DeFi. Instead, the emphasis should be on fostering many competitive and interoperable Layer 2 solutions that can coexist harmoniously, ensuring a vibrant ecosystem. This requires collaboration and careful consideration of market dynamics, where political power and development incentives must align to maintain shared governance, thus allowing for a more diverse, efficient, and accessible DeFi landscape.
Ethereum's Evolution: Ethereum is shifting complexity to layer twos, raising concerns about its central value and user retention. This evolution prompts a need for improved coordination and decision-making regarding its scaling approach and future direction.
Ethereum is evolving into a thin layer one, with most of the complexity and user activity moving to layer twos, which could diminish Ethereum's central value. This shift raises questions about how Ethereum retains users and cash flows, suggesting a need for better coordination and decision-making within the ecosystem as different teams explore various scaling solutions. The debate on whether to focus on layer one scaling or continue down the current path reflects differing visions on Ethereum's future. Some believe that if execution becomes seamless using advanced technology, Ethereum can become a more significant player without friction in the system, ultimately redistributing value toward applications rather than in its current structure.
Ethereum's Plurality: Bitcoin has a clear identity as digital gold, while Ethereum's diversity leads to varied opinions and directions. Finding a unified mission could help enhance Ethereum's purpose and coherence amid its complexity, similar to the more straightforward visions of Bitcoin and Solana.
Bitcoiners tend to have a unified vision of Bitcoin as digital gold, while Ethereum's diverse community often expresses differing opinions on its purpose and future. This plurality is a feature of Ethereum, fostering various ambitions and projects. However, without a clear common mission, Ethereum may face challenges in direction. Others like Solana are still refining their identity, creating a cleaner communication of purpose. In contrast, Ethereum's complexity offers many choices, leading to varied visions on execution priorities and scaling. Ultimately, this lack of uniformity can be both enriching and confusing, calling for a possible singular mission statement that aligns all voices for better coherence. As different Ethereum stakeholders prioritize different strategies, it remains crucial for them to balance growth with unity in vision for long-term success.
Arbitrum's Evolution: Arbitrum enhances DeFi through gaming, asset movement, and NFTs. Ethereum's success may rely on it acting as a key monetary asset and legal tender in many ecosystems, shaping its future value and relevance.
Arbitrum is reshaping the DeFi landscape with innovative trading, lending, and gaming options. It helps users move assets seamlessly across chains and engage with NFTs and their favorite creators. Discussions around Ethereum's value point to its potential as a monetary asset, emphasizing that it should focus on becoming more valuable and useful within a decentralized economy, rather than just being deflationary. The idea of Ethereum as legal tender could establish its necessity across various ecosystems, enabling it to maintain relevance and value even as layer twos emerge and grow. Ultimately, how Ethereum interacts with other chains and its role as a bridge could determine its importance in the future.
Ethereum's Currency Challenge: Ethereum's challenge is to stay relevant as a currency amid growing competition and abstracted transactions. If users aren’t aware they're using ETH, it risks losing its identity as money within its ecosystem.
Ethereum faces a complex challenge in maintaining its status as the primary currency within its ecosystem. While technically it’s possible to use any currency for transactions, a strong incentive remains to keep ETH as the unit of account. If ETH is seen less in day-to-day transactions—due to developments like zero gas fees or abstracted payment methods—its value could diminish, making it harder for users to recognize it as a currency. This transition requires balancing developer needs and maintaining ETH's economic significance, while also navigating external pressures from competing currencies like USDC. Ultimately, the flexibility of currencies utilized in Ethereum-based transactions may lead to users becoming less aware of ETH itself, potentially undermining its role as a monetary asset in the long run.
Crypto Evolution: The future of crypto lies in eliminating gas fees for users, focusing on usability while also facing the challenge of censorship resistance and nation-state threats.
As the crypto industry evolves, the focus is shifting from how users pay gas fees to eliminating them altogether. Solutions that abstract transaction costs away from users are emerging, making crypto more accessible. However, there are differing views on the need for censorship resistance, with some arguing that the design should not depend on worst-case scenarios like nation-state attacks. Historical parallels with internet development indicate that fostering widespread usage and trust may be the best way to ensure resilience. Ultimately, creating a system that balances usability with security will be crucial for the future of crypto, especially as it competes against traditional financial systems.
Crypto Potential: Cryptocurrency and DeFi may transform finance by creating better money and enabling innovative businesses. Success in the next decade will depend on integrating crypto with real identities and enhancing financial access for all.
The conversation highlights the potential of cryptocurrency and decentralized finance (DeFi) to reshape our financial systems, promoting a better standard of money and innovative businesses. While the current focus on DeFi seems stagnant, the future could bring a surge in creative applications as block space becomes more abundant, bringing Ethereum and similar platforms to new heights. Looking a decade ahead, success could hinge on how well cryptocurrencies integrate with real-world frameworks to enhance personal identity and financial access, transcending simple discussions about money and fostering a vibrant ecosystem that benefits everyone.
Empowerment Through Crypto: Cryptocurrency empowers individuals by shifting financial control away from centralized institutions, promoting freedom and better coordination.
Cryptocurrency and blockchain technology shift power from centralized institutions to individuals. With tools like digital identity and self-sovereign money, people can have better control over their assets and transactions. This new financial system promotes individual freedoms and provides opportunities for those under oppressive regimes, potentially revolutionizing how we coordinate and interact economically.
Where is Ethereum Headed? | Mike Ippolito & Mike Neuder
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Where is Ethereum Headed? | Mike Ippolito & Mike Neuder
The exploration of the Ethereum Roadmap continues.
Today on the show we’re bringing back Mike Neuder who was just on the show to give his defense of the Ethereum Roadmap and we’re also joined by Blockworks Mike Ippolito who brings a wealth of knowledge from around the crypto industry to add his thoughts to the conversation.
We cover the essence of Ethereum, the current state of rollups, value accrual and much more. We end the podcast with just overall bullish vibes and reflecting on what will take to make the promises of the crypto industry manifest in reality. Enjoy!
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TIMESTAMPS
0:00 Intro
7:29 The Essence of the Argument
17:50 Ethereum and Rollups
33:00 Ethereum’s Schism
40:23 Value Accrual
59:30 Nation State Resistance
1:04:52 The Bull Case for Crypto
1:10:03 What Will Take
1:16:25 Closing & Disclaimers
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RESOURCES
Mike Ippolito
https://x.com/mikeippolito
Mike Neuder
https://x.com/mikeneuder
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Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures
Defending Crypto to the Middle-Class American | Austin Campbell
Do you remember the 2008 crisis? It left a mark on many of us, fueling a distrust of bankers and politicians, and leading us to crypto as an alternative to the broken system.
Today’s guest, Austin Campbell, a professor and former Chief Risk Officer at Paxos, explains how crypto, especially stablecoins, can protect everyday Americans from the risks of traditional banks. He’s here to show why the middle class should care about the future of finance.
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🎬 DEBRIEF | Ryan & David unpacking the episode:
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TIMESTAMPS
0:00 Intro
5:18 Austin’s Tweet Defending Crypto
13:55 How the Banking System Works
23:19 Who Manages Bank Risk?
32:37 Depositor Bailouts
41:36 Stablecoin Solution?
59:51 Stablecoin Impact on Banks
1:06:44 U.S. Payments Outdated?
1:10:15 Global Implications of Crypto Adoption
1:17:46 U.S. Regulatory Stance on Crypto
1:24:55 Anti-crypto Policy Motivation
1:32:13 Austin's Advice to Crypto Community
1:35:22 Closing & Disclaimers
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RESOURCES
Austin Campbell
https://x.com/CampbellJAustin
Must Read Threads
https://x.com/CampbellJAustin/status/1817590780879397114
https://x.com/CampbellJAustin/status/1821591319816581469
https://x.com/campbelljaustin/status/1823362155984388226
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Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures
ROLLUP: China's $500B Stimulus | Kamala's Pro-Crypto Pivot? | Gary Gets Grilled | EIGEN Unlock Incoming
This week we break down China’s massive new economic stimulus package, its biggest move since the pandemic and what it could mean for the global markets.
Gary Gensler faced intense bipartisan grilling in Congress, and Nic Carter dropped shocking new insights on ChokePoint 2.0’s legal implications. Plus, Eigenlayer’s token unlock is finally here after months of non-transferability. We’ll also dive into the key moments from Solana’s Breakpoint Conference. Buckle up.
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TIMESTAMPS & Resources
00:00:00 Kamala's Pivot?
https://www.theblock.co/post/318216/kamala-harris-says-us-should-become-dominant-in-blockchain-reiterates-digital-assets-in-economic-plan
https://twitter.com/standwithcrypto/status/1838327263953326469
https://x.com/EleanorTerrett/status/1839041447007342919
https://www.theblock.co/post/317636/vp-harris-says-shell-encourage-crypto-business-while-protecting-consumers-at-wall-street-fundraiser-bloomberg
https://x.com/TrustlessState/status/1838578494462189990
https://x.com/mcuban/status/1838667484905578704?s=46
https://www.axios.com/2024/09/23/harris-embraces-crypto-overture-young-men
https://x.com/Zachary/status/1839260651614568845
00:14:17 Markets
https://pro.kraken.com/app/trade/btc-usd
00:16:39 ETH Options Approved
https://x.com/EricBalchunas/status/1837240128588169587
https://x.com/kellyjgreer/status/1824168136637288912
00:19:16 Movers Of The Week
https://www.coingecko.com/en/coins/sei
https://x.com/VitalikButerin/status/1838809754002690403
00:22:10 The Beijing Bazooka
https://x.com/JustDeauIt/status/1839152089718538572
https://finance.yahoo.com/news/what-chinas-biggest-stimulus-since-the-pandemic-means-for-us-investors-morning-brief-100039804.html
https://x.com/deitaone/status/1839235182294913315?s=43&t=2ZINVXJQKx6xO_6Wiiu_2g
00:29:55 The Roast Of Gary Gensler
https://x.com/BanklessHQ/status/1838602362841374762
https://x.com/BanklessHQ/status/1838613533061230618
https://x.com/BanklessHQ/status/1838621580546425045
00:38:25 Jail Updates
https://www.reuters.com/world/us/bankman-frieds-ex-girlfriend-ellison-be-sentenced-over-crypto-fraud-2024-09-24/
https://x.com/autismcapital/status/1838661563663945804
00:44:23 Crypto Bank Crackdown Exposed
https://x.com/nic__carter/status/1836858969241100776
00:54:25 EIGEN Unlock
https://x.com/eigenfoundation/status/1838270195246170553
https://x.com/JimmyRagosa/status/1839272870809076003
00:55:55 Solana Breakpoint Recap
https://x.com/solana/status/1837035324587028567
https://x.com/solanamobile/status/1836614409613119632
https://x.com/solanafloor/status/1837038360101007577?s=46
00:59:05 Telegram Founder Updates
https://www.bbc.com/news/articles/cvglp0xny3eo
01:00:32 Raises
https://blog.celestia.org/celestia-foundation-raise/
https://x.com/infinex_app/status/1838730410710446144
01:03:57 David Fight Updates
https://polymarket.com/event/hoffman-vs-warwick
01:08:26 Meme Of The Week
https://x.com/spreekaway/status/1837128008169095172?s=46
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Not financial or tax advice. See our investment disclosures here:
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Crypto & The Democrats | Rep. Ro Khanna
Representative Ro Khanna, a Congressman from California and a key advocate for crypto within the Democratic party joins us on today’s episode. We discuss his efforts to bring crypto into the mainstream, including recent meetings he's helped broker between the White House, the Kamala Harris campaign, and key figures from the crypto industry. We explore the challenges and opportunities for the Democrats to embrace pro-crypto policies, the potential future of crypto regulation, and how this could shape the party's platform moving forward.
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TIMESTAMPS
0:00 Intro
6:08 Harris vs. Trump Debate Reaction
8:58 Kamala Admin's Crypto Silence
11:27 Pro-Crypto Meetings with Democrats
17:01 Biden, Warren, & Crypto Stances
21:43 Future of Crypto Under Harris?
24:09 Ideal Democratic Crypto Policy
27:37 Kamala's Plans for Gary Gensler
28:37 Crypto Advocates in the DNC
30:43 Convincing Undecided Democrats on Crypto
33:27 Future of DeFi Regulation
34:58 Explaining DeFi Benefits to Democrats
37:50 Educating on Crypto's Transparency
39:55 Crypto Voter Dilemma: Harris vs. Trump
42:18 Closing & Disclosures
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RESOURCES
Rep. Ro Khanna
https://x.com/reprokhanna
------
Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures
In Defense of The Ethereum Roadmap | Mike Neuder
Is the Ethereum’s Rollup centric roadmap a Queen Sacrifice blunder? That’s the core question the industry is asking and Bankless has aired some of these dissents.
Today’s episode voices a counter to the doubters. Mike Neuder is an Ethereum developer and previous Bankless guest. He thinks the Ethereum roadmap is pretty great as is, it’s right on track, in fact, his message is to stay the course, play the long game, and watch ETH grow in value as a monetary asset as the Ethereum economy grows across L2s.
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⚖️ ARBITRUM | SCALING ETHEREUM
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TIMESTAMPS
0:00 Intro
6:06 Why is the ETH Roadmap Great
12:38 Ethereum’s North Star
17:12 Property Rights
28:14 Rollups
33:20 Rollup Stages
47:38 Data Availability
1:06:25 Value Accrual for ETH
1:15:33 ETH as Money
1:21:35 Closing Thoughts
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RESOURCES
Mike Neuder
https://x.com/mikeneuder
Mike Neuther Thesis
https://hackmd.io/@mikeneuder/ethesis
Max Resnick Pod
https://www.youtube.com/watch?v=FLUJ0uLye0U
Kyle Samani Pod
https://www.youtube.com/watch?v=7CMMLdVrtFE
------
Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures
ROLLUP: Rate Cuts Price Savior? | Trump’s DeFi Project | Vitalik’s Documentary
The Fed just cut rates by 50 basis points for the first time since the pandemic, how is the market reacting, should we be excited?
Trump revealed new details about World Liberty Financial. We’ll break down why they’re building it, who’s involved, and what’s going on with the token.
We also have a Tale of Two Chains: Bitcoiners watching Trump buy a burger with Bitcoin in NYC, while Ethereans premiere an Ethereum documentary down the street.
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TIMESTAMPS & RESOURCES
00:00 Start
02:36 Markets
https://x.com/ledgerstatus/status/1835473538028814667
06:09 RSA Finally Cracks
https://x.com/RyanSAdams/status/1836779556998459436
10:55 Total MKT Cap
https://www.coingecko.com/en/global-charts
11:09 L2 Update
https://www.growthepie.xyz/fundamentals/transaction-count
13:36 Fed Rate Cuts
https://x.com/SpecialSitsNews/status/1835699786785136703
https://www.cnbc.com/2024/09/18/fed-cuts-rates-september-2024-.html
18:57 Cut Reactions
https://x.com/TimDuy/status/1836154346045870391
https://x.com/coinbase/status/1836470341063053572
https://x.com/RyanSAdams/status/1836795960321585388
https://www.coindesk.com/business/2024/09/18/arthur-hayes-if-they-go-50-that-will-be-a-nuclear-catastrophe-for-financial-markets/
https://x.com/intocryptoverse/status/1836471892674302430?s=46&t=2ZINVXJQKx6xO_6Wiiu_2g
https://x.com/Jamie1Coutts/status/1836192104722370930
https://www.tradingview.com/chart/1RYLG2gC/?symbol=NASDAQ%3AQQQ
https://youtu.be/b6O-lHr-D0s?si=7uiJPAxPibmCTLsz
27:03 Trump's Liberty Financial
https://x.com/EricTrump/status/1834322630721122521
https://x.com/worldlibertyfi/status/1835748701534404945
https://x.com/alexandergrieve/status/1836006655223275904
32:06 Takes On The Project
https://x.com/iamDCinvestor/status/1836006290125987860
https://x.com/worldlibertyfi/status/1835300402163503260?s=46&t=dmRhP54bJmHi0Ppb8BT30Q
34:42 Trump Pays With Bitcoin
https://x.com/WatcherGuru/status/1836510214482284545
https://x.com/crypto_condom/status/1836512092503077146
36:39 Vitalik Film Premiere
https://ethereumfilm.xyz/streaming
https://x.com/EthereumFilm/status/1828192695095042429
https://x.com/TrustlessState/status/1836737714223210638
https://x.com/dimabuterin/status/1836701356565922006
https://x.com/ViktorBunin/status/1836556640734085478
https://x.com/jessepollak/status/1836607456497275028
https://x.com/jessepollak/status/1836607456497275028
https://x.com/EthereumFilm/status/1835973354995499061
41:36 SEC Sues Rari?
https://www.sec.gov/newsroom/press-releases/2024-138
https://x.com/dcfgod/status/1836488126744924299
43:03 The Flyfish Case
https://www.sec.gov/files/litigation/admin/2024/33-11305.pdf
https://x.com/HesterPeirce/status/1835757603860681141
https://x.com/FinancialCmte/status/1836124400695021654
https://x.com/RepFrenchHill/status/1836420981310542092?t=KbWMCpEacfkVWgSADJSgQg&s=19
50:41 Token 2049
https://x.com/justinsuntron/status/1836330985706918253
https://unchainedcrypto.com/buterin-at-token2049-were-not-early-to-crypto-but-were-early-to-crypto-being-usable/
53:36 New Zora App
https://x.com/RyanSAdams/status/1836399083482742814
56:19 New Fastest Rollup
https://x.com/atlasxyz/status/1833880969251524973
57:39 Permissionless Party
https://lu.ma/yj5pdeqe
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59:26 Moment Of Zen
https://www.youtube.com/watch?v=71DtEk1cFdg
------
Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures
Fed Rate Cut: Is It Too Late? | Macro Alf
Jerome Powell and the Federal Reset is about to cut rates, but the question on everyone’s mind is… What happens next?
Alfonso Peccatiello, known as "Macro Alf," is a macroeconomic analyst and investment strategist and he’s joining the pod to help us figure this out.
- Are these rate cuts just in time or too little too late?
- Is the Fed cutting by 25bps or 50bps?
- Will we get a recession or the soft landing the FED is hoping for?
- What will happen to crypto assets?
We discuss all this and more with Macro Alf, one of the top minds in macro out there.
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⚖️ ARBITRUM | SCALING ETHEREUM
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🛞MANTLE | MODULAR LAYER 2 NETWORK
https://bankless.cc/Mantle
🗣️TOKU | CRYPTO EMPLOYMENT
https://bankless.cc/toku
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TIMESTAMPS
0:00 Intro
5:41 The Fed is Behind the Curve
12:28 Why Haven’t Things Broke?
18:57 Bad News are Actually Bad News
24:17 Fed Rate Cut Prediction
30:43 Elizabeth Warren’s Letter
35:06 Market Reaction
42:55 How to Prepare
53:20 Probability of Recession
54:48 Debasement
1:05:06 Monetary Plumbing
1:09:09 Debasement Assets
1:11:46 Closing Thoughts
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RESOURCES
Maro Alf
https://x.com/MacroAlf
Alf's Institutional Research Free Trial
https://docs.google.com/forms/d/e/1FAIpQLSfzLZS_8sWjyuqzDgJb9OQC_pSAoOjz6GVgsB0UIGzLELMSFQ/viewform
The MacroCompass
https://themacrocompass.org/
Monetary Plumbing Chart
https://x.com/MacroAlf/status/1834938859848634440
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Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures
Refuting L2 Fud & State of Arbitrum | Steven Goldfeder
Steven Goldfeder is back on the podcast today to discuss Arbitrum’s and all Ethereum L2 FUD.
Is a win for Arbitrum also a win for Ethereum, or is Arbitrum competing for users and liquidity? Steven addresses governance concerns and discusses the decentralization of Arbitrum’s Sequencer.
In the second half of the show, we get into the latest developments in the Arbitrum ecosystem, including Stylus, Bold, Orbit, and Timeboost.
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⚖️ ARBITRUM | SCALING ETHEREUM
https://bankless.cc/Arbitrum
🛞MANTLE | MODULAR LAYER 2 NETWORK
https://bankless.cc/Mantle
🗣️TOKU | CRYPTO EMPLOYMENT
https://bankless.cc/toku
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TIMESTAMPS
0:00 Intro
4:01 L1 vs. L2 Relationship
10:45 Use Cases of the L1 vs. L2s
18:56 Fastest Blockchain
20:05 Decentralization Priority
25:15 Sequencer Debate
33:06 Arbitrum x Espresso
38:02 Optimistic Rollups Capturing Ethereum Governance?
41:58 What Does Arbitrum Want From the L1
45:21 Increasing Block Times?
49:17 Arbitrum Ecosystem
52:21 How Does Stylus Work?
57:22 Web2 Devs Now Web3 Devs
1:03:02 Arbitrum’s Next 10x
1:08:17 Closing & Disclaimers
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RESOURCES
Steven Goldfeder
https://x.com/sgoldfed
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Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures
What Are BlackRock’s Crypto Plans? | Robbie Mitchnick Head Digital Assets at Blackrock
That’s right, Bankless Nation, BlackRock on the podcast today.
BlackRock is the world’s largest asset manager, a company that manages over $10 trillion dollars in assets around the world, to put it in perspective, that’s 5 times the crypto market cap. Let’s just say what they do has ripple effects in global markets.
But here at Bankless we wanted to figure out what they’re doing in crypto. That’s why we brought Robbie Mitchnick, BlackRock’s Head of Digital Assets.
We explore Crypto narratives in TradFi, how they measure the risk profile of Crypto, their plans for the future of ETFs, Tokenization and even DeFi.
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🦄UNISWAP | BROWSER EXTENSION
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⚖️ ARBITRUM | SCALING ETHEREUM
https://bankless.cc/Arbitrum
🛞MANTLE | MODULAR LAYER 2 NETWORK
https://bankless.cc/Mantle
🗣️TOKU | CRYPTO EMPLOYMENT
https://bankless.cc/toku
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TIMESTAMPS
0:00 Intro
5:36 What is BlackRock?
7:33 BlackRock’s Crypto Arc
14:42 Digital Assets Team
17:01 BlackRock Bitcoin ETF
20:33 Investor Education
22:48 Narratives
24:58 Risk Management
34:04 Regulatory Environment
38:27 The Future of ETFs
42:30 Tokenization
51:00 What Needs to be Built
54:26 The State of DeFi
57:03 BlackRock’s Crypto Mission
1:00:44 Closing & Disclaimers
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RESOURCES
Robbie
https://x.com/robbiemitchnick
Blackrock
https://x.com/BlackRock
------
Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures
ROLLUP: The Debate | 1st DeFi Congress Hearing | ENS joins PayPal/Venmo | Coinbase’s cbBTC
This week in crypto, the Trump vs. Harris debate sparked chatter, but did the markets react? DeFi had its first U.S. congressional hearing—how’d it go?
Friend.tech burned its keys—abandoning? ENS integrated with PayPal and Venmo, while Coinbase launched their cbBTC, and Sony might release a stablecoin.
Plus, did we see “war mode” Vitalik this week?
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BANKLESS SPONSOR TOOLS:
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🦄UNISWAP | BROWSER EXTENSION
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⚡️ CARTESI | LINUX-POWERED ROLLUPS
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🛞MANTLE | MODULAR LAYER 2 NETWORK
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🗣️TOKU | CRYPTO EMPLOYMENT
https://bankless.cc/toku
------
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TIMESTAMPS & RESOURCES
0:00 Intro
5:21 Markets
https://farside.co.uk/?p=1518
https://x.com/biancoresearch/status/1832806811088638440
https://x.com/matt_hougan/status/1833149076722081906
https://www.cbsnews.com/news/inflation-cpi-fed-readies-to-cut-rates-next-week/
https://www.tradingview.c om/symbols/FRED-WALCL/
https://x.com/sonyasunkim/status/1832114732326957274
18:02 House lawmakers ended up divided in 1st Congressional DeFi hearing
https://financialservices.house.gov/news/documentsingle.aspx?DocumentID=409354
https://x.com/fund_defi/status/1833556632027955694
https://x.com/coinage_media/status/1833593592373243915
https://x.com/NeerajKA/status/1833530974212387228
https://x.com/rohangrey/status/1833543531228762323
https://x.com/jchervinsky/status/1833557017023459526
27:29 The Debate - they didn’t mention crypto!
https://x.com/CNN/status/1833703753179857334
https://x.com/erikvoorhees/status/1833705605045051850
https://polymarket.com/event/who-will-win-the-debate-according-to-polls
https://polymarket.com/event/presidential-election-winner-2024?tid=1726028429396
https://x.com/shayne_coplan/status/1833127734844789106
https://x.com/Polymarket/status/1833679653191512442
https://www.theblock.co/post/315808/presidential-debate-risk-off-crypto
https://x.com/MikeIppolito_/status/1833874331539034448
36:49 War mode vitalik? If its not stage 2, its not a rollup
https://x.com/vitalikbuterin/status/1834061075970683367
39:01 zkSync Stage 1? & New CMO?
https://blog.zknation.io/zksync-governance-system/
https://x.com/the_matter_labs/status/1833894141052494218
42:41 Sony Stable Yen
https://x.com/delzennejc/status/1833243834563650038
43:21 Friend.Tech team renounces control of smart contracts
https://x.com/friendtech/status/1832581118165709140
https://x.com/functi0nZer0/status/1833178200685318213
https://x.com/MacroMate8/status/1833393620407488542
https://x.com/friendtech/status/1833259362711986335
47:06 EigenLayer announced Season 2 Stakedrop!
https://blog.eigenfoundation.org/season-2-stakedrop/
48:55 ENS was integrated with PayPal and Venmo!
https://x.com/ensdomains/status/1833536140529570039
https://x.com/brantlymillegan/status/1833568986547818820?
50:16 Coinbase Bitcoin - cbBTC released!
https://x.com/coinbase/status/1834208544247144949
https://x.com/jessepollak/status/1833603913888764064?s=46&t=2ZINVXJQKx6xO_6Wiiu_2gb
55:04 David Fighting at Permissionless
58:01 Closing & Disclaimers
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Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures