Bankless

Is D.C. taking crypto seriously? Congressman Tom Emmer shares the latest from the ongoings in Washington. Minnesota Representative Emmer is a 4th term member of the House of Representatives. He sits on the House Financial Services Committee and is a dedicated crypto advocate. Many of us have preconceived notions that the majority of the government is anti-crypto. Representative Emmer explains why this isn’t entirely true. We also unpack what’s at stake here. What happens if we get crypto policy wrong? How do we defeat the super-shadowy-legislators? Should we follow in China’s Digital Yuan footsteps?

Lastly, Representative Emmers shares that Bankless—yes—Bankless is having an impact in Washington! Find out in what way and how we’re going to continue crypto-pilling everyone in Washington.

------ ✨ DEBRIEF ✨ | Ryan & David's Unfiltered Thoughts on the Episode https://shows.banklesshq.com/p/debrief-crypto-in-washington-congressman 

------ 📣 ZERION | Trade Across 7 Networks and 500+ protocols https://bankless.cc/Zerion 

------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/ 

------ BANKLESS SPONSOR TOOLS:

⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum 

🍵 MATCHA | SMART ORDER ROUTING https://bankless.cc/Matcha 

🚀 SLINGSHOT | LAYER 2 SOCIAL TRADING https://bankless.cc/Slingshot 

🏦 GEMINI | TURN FIAT INTO CRYPTO https://bankless.cc/Gemini 

🦁 BRAVE | THE BROWSER NATIVE WALLET https://bankless.cc/Brave 

🦄 UNISWAP | DECENTRALIZED FUNDING https://bankless.cc/UniGrants 

------ Topics Covered:

0:00 Intro 6:00 Rep. Tom Emmer 13:20 Why D.C. Hates Crypto 19:53 What’s at Stake? 26:02 Playing Devil’s Advocate 31:55 The Opportunity 37:03 Legislative Solutions 43:56 Securities Clarity Act 52:44 China’s Digital Yuan 57:25 How We Win in D.C. 1:03:24 Closing & Disclaimers

------ Resources:

Representative Emmer on Twitter https://twitter.com/reptomemmer 

Representative Emmer’s website https://emmer.house.gov/ 

Elon Musk vs. Elizabeth Warren https://twitter.com/SenWarren/status/1470415896053227522?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1470898920146542592%7Ctwgr%5E%7Ctwcon%5Es2_&ref_url=https%3A%2F%2Findianexpress.com%2Farticle%2Ftrending%2Ftrending-globally%2Felon-musk-elizabeth-warren-taxes-twitter-spat-7674225%2F 

PAC.xyz https://www.pac.xyz/ 

The Road to Serfdom by Friedrich Hayek https://www.goodreads.com/book/show/299215.The_Road_to_Serfdom 

The Scandal of Money by George Gilder https://www.goodreads.com/book/show/29632093-the-scandal-of-money?from_search=true&from_srp=true&qid=kaAA6nUX2E&rank=1 

----- 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://newsletter.banklesshq.com/p/bankless-disclosures 

2nd Week of February 2022

------ 📣 ZERION | Trade Across 7 Networks and 500+ protocols https://bankless.cc/Zerion 

------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/  🎙 SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/  ------ BANKLESS SPONSOR TOOLS:

⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum 

🍵 MATCHA | SMART ORDER ROUTING https://bankless.cc/Matcha 

🚀 SLINGSHOT | LAYER 2 SOCIAL TRADING https://bankless.cc/Slingshot 

🏦 GEMINI | TURN FIAT INTO CRYPTO https://bankless.cc/Gemini 

🦁 BRAVE | THE BROWSER NATIVE WALLET https://bankless.cc/Brave 

🦄 UNISWAP | DECENTRALIZED FUNDING https://bankless.cc/UniGrants 

------ Topics Covered:

0:00 Intro

4:35 MARKETS 4:38 BTC Price 5:01 ETH Price 5:55 ETH BTC Ratio 6:05 $BED https://www.indexcoop.com/bed  6:15 $GMI 7:21 10 Billion DAI! https://twitter.com/MakerGrowth/status/1491036054581039104  9:56 Inflation is 7.5% https://www.cnbc.com/2022/02/10/january-2022-cpi-inflation-rises-7point5percent-over-the-past-year-even-more-than-expected.html  https://twitter.com/cryptoconan/status/1491811541448073216?s=21 

13:26 RELEASES 13:52 Aave Social Network - Lens Protocol https://twitter.com/LensProtocol/status/1490782690651656197  15:29 Celestia DA Bridge https://blog.celestia.org/celestiums/  17:26 Polygon Edge https://twitter.com/MihailoBjelic/status/1490036508493250560?s=20&t=ku_imokA2_X2W25WRHIePg  18:57 FTX -> Arbitrum https://twitter.com/FTX_Official/status/1490903050269396992 

19:42 RAISES 19:46 Polygon $450M https://techcrunch.com/2022/02/07/polygon-raises-450m-from-sequoia-capital-india-softbank-and-tiger-global/  20:48 Alchemy $200M https://twitter.com/AlchemyPlatform/status/149104968410152550 7 21:50 Jobs https://pallet.xyz/list/bankless/jobs 

23:42 NEWS World’s Worst Bank Robbers 23:44 U.S. Gov $3.6B BTC https://twitter.com/EamonJavers/status/1491092102792749056  25:50 Hacked by Who?! https://twitter.com/HeatherReyhan https://twitter.com/investmentshulk/status/1491113539117133824?s=21  https://twitter.com/cobie/status/1491120382610669568?t=w59M8_pRckbclQKtaR5gwA&s=19  27:10 Tarun’s Event https://twitter.com/tarunchitra/status/1491104365683552256?s=20&t=7rhxCFfpl3s2nZQnnF-zTw  https://twitter.com/ruthienachmany/status/1491130571774631936?s=20&t=7rhxCFfpl3s2nZQnnF-zTw  29:20 BTC Recovery https://twitter.com/alistairmilne/status/1491124444739555329?s=20&t=dMmstO0dMdWVacUpF3_vqg  30:59 Bitfinex’s $LEO Explodes https://thedefiant.io/bitfinex-leo-surge/  https://twitter.com/ruthienachmany/status/1491130571774631936?s=20&t=7rhxCFfpl3s2nZQnnF-zTw  34:37 Offensive Tweets & Cancel Culture https://thedefiant.io/cancel-culture-crypto-offensive-tweets/  36:50 KPMG Crypto Treasury  https://twitter.com/KPMG_Canada/status/1490728332345987078?t=9Ec_FV1tK2F5VzyihZalvw&s=19  37:28 BlackRock Crypto Trading https://twitter.com/DeItaone/status/1491481431159234565  38:19 Apple Tap to Pay Crypto https://cointelegraph.com/news/upcoming-apple-iphone-feature-to-give-merchants-a-way-to-accept-crypto-payments  38:49 We See You Wells https://saf.wellsfargoadvisors.com/emx/dctm/Research/wfii/wfii_reports/Investment_Strategy/cryptocurrency020722.pdf 

38:41 L222 39:41 USDC on Immutable https://twitter.com/Immutable/status/1491588322262585344  40:05 Set Perp Protocol Optimism https://twitter.com/SetProtocol/status/1490747638899163138  40:52 ETH 40:55 Merge Soon, Then Moon https://twitter.com/peter_szilagyi/status/1489136403376136193?s=20&t=sFPJZ5K6BXKnKZEnwYnzig  43:39 ULTIMATE ASSET https://twitter.com/RyanSAdams/status/1491788486772330501?s=20&t=4ptQSEhHpc3HQNRP8zC1FA  48:18 Vitalik Supports Assange DAO https://twitter.com/VitalikButerin/status/1490686148087320576 https://assangedao.org/ 

48:17 NFTs 48:30 Exchanges to Run Ads https://www.theblockcrypto.com/linked/133226/crypto-exchange-giants-will-reportedly-run-ads-during-super-bowl  49:04 Bud Light x Nouns https://www.theblockcrypto.com/linked/133113/bud-light-partners-with-nouns-dao-for-its-upcoming-super-bowl-ad  49:34 Dapper Labs SB Launch https://www.ledgerinsights.com/dapper-labs-to-launch-nfts-for-super-bowl-nfl/  50:07 Nintendo NFT Interest https://twitter.com/Blockworks_/status/1489559692502351878  50:42 Zynga Wants In https://www.theblockcrypto.com/linked/133707/gaming-giant-zynga-plans-to-launch-nft-based-game-this-year  50:50 Ready Player Me Punks https://punks.readyplayer.me/?utm_source=newsletter&utm_medium=email&utm_campaign=January2022  51:22 Disney Hiring https://www.theblockcrypto.com/linked/133042/disney-is-looking-for-a-business-developer-with-nft-experience  51:35 Gucci Buys Sandbox Land https://www.theblockcrypto.com/linked/133727/gucci-buys-virtual-land-on-the-sandbox-as-part-of-metaverse-experience-bid  53:25 Brie Larson PFP https://twitter.com/brielarson/status/1489655405084954625  54:44 Heidi Klum Cryptopunk https://twitter.com/heidiklum?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor 

53:00 INTERNATIONAL 53:03 China Debuts Digital Yuan https://blockworks.co/china-debuts-digital-yuan-at-winter-olympics-amid-warnings-from-us-senator/  56:20 Russia Recognizes Crypto https://blockworks.co/russia-moves-to-recognize-crypto-as-a-form-of-currency  El Salvador Bitcoin Bond https://www.theblockcrypto.com/post/133720/el-salvador-plans-to-issue-first-bitcoin-bond-next-month 

58:35 MISC 58:39 Selkis on Tucker Carlson https://procrypto.substack.com/p/the-digital-freedom-alliance/comments  59:28 Binance buys $200M stake in Forbes https://www.theblockcrypto.com/post/133786/binance-forbes-taking-200-million-stake 

1:02:30 TAKES 1:03:05 Web3 Quality vs. Web2 Quality https://twitter.com/RyanSAdams/status/1489331768448761857?s=20&t=_gnBi6D_sVv_0OYh_pywpQ  1:04:22 L2 Token Distribution https://twitter.com/TrustlessState/status/1491590027192811521?s=20&t=-P7HJB_lZQzU2V6APMlIWQ  1:06:03 William Peaster https://newsletter.banklesshq.com/p/how-to-get-ready-for-l2-tokens  1:06:15 RAC on NFTs https://twitter.com/RAC/status/1490431021505867776?s=20&t=BMjgVFj3aZ65a53JTsHzbQ  1:09:17 Justin Kan Gaming NFTs https://twitter.com/justinkan/status/1490923171817848842  1:10:25 Web3 Echo Chambers https://twitter.com/bantg/status/1490317595421069313?s=21 

1:12:05 What David’s Excited About 1:14:12 What Ryan’s Excited About

1:16:42 MEME of the Week https://twitter.com/Ommiii_/status/1491110034453188610?s=20&t=Zx6quzNoLrPuX_5IzBrATg 

1:18:00 Disclaimer

1:18:20 Moment of Zen https://twitter.com/MoonOverlord/status/1491111919633469443?s=20&t=Uvvt4-DdIf5RrkIRleR92Q  ----- Not financial or tax advice. Do your own research. See our investment disclosures here: https://newsletter.banklesshq.com/p/bankless-disclosures 

MetaMask and MyCrypto are teaming up to build the ultimate crypto wallet. Revamping efforts on security, user experience, as well as features & integrations, this is a massive moment in the world of non-custodial crypto wallets.

As the passport to Web3, improving and innovating the crypto wallet is increasingly vital as the entire industry continues to scale outwards. Building a secure and intuitive flow for asset management is do-or-die for the crypto space.

With Dan Finlay from Consensys and Taylor Monahan from MyCrypto, we're exploring the implications of this monumental merger and what it means for the broader crypto user experience.

------ 📣 ZERION | Trade Across 7 Networks and 500+ protocols https://bankless.cc/Zerion 

------ 🚀 SUBSCRIBE TO NEWSLETTER:         https://newsletter.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST:                 http://podcast.banklesshq.com/ 

------ BANKLESS SPONSOR TOOLS: 

⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum 

🍵 MATCHA | SMART ORDER ROUTING https://bankless.cc/Matcha 

🚀 SLINGSHOT | LAYER 2 SOCIAL TRADING https://bankless.cc/Slingshot 

🏦 GEMINI | TURN FIAT INTO CRYPTO https://bankless.cc/Gemini 

🦁 BRAVE | THE BROWSER NATIVE WALLET https://bankless.cc/Brave 

🦄 UNISWAP | DECENTRALIZED FUNDING https://bankless.cc/UniGrants 

------ Topics Covered:

0:00 Intro 6:00 The MetaMask MyCrypto Merger 13:57 Power & Responsibility 17:58 What Happens Next? 24:08 By the Numbers 25:57 What is a Crypto Wallet? 32:33 The Passport to the Metaverse 35:44 More Merger Details 43:30 What's After Swaps? 47:58 Aggregators and Bridges 52:44 The Layer 2 Metamask 57:03 Polynya's Social Recovery Question 1:02:58 Vitalik's Light Client Question 1:06:00 Wen $MASK Token? 1:11:14 Closing & Disclaimers

------ Resources:

Dan on Twitter: https://twitter.com/danfinlay?s=20 

Taylor on Twitter: https://twitter.com/tayvano_?s=20 

The Announcement: https://medium.com/metamask/welcoming-mycrypto-to-metamask-8ee46e2ae740 

----- 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://newsletter.banklesshq.com/p/bankless-disclosures 

✨Finding Common Ground✨

Crypto has grown a lot in 2021!

New ecosystems have put new private keys in the hands of so many new users. 

Our interests overlap by 99%! We bring on the leaders from three killer DeFi ecosystems to discuss all the things that we align on, in order to start 2022 off in positive vibes!

------ 📣 ZERION | Move Your Assets To Layer 2 https://bankless.cc/Zerion 

------ 🚀 SUBSCRIBE TO NEWSLETTER:         https://newsletter.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST:                 http://podcast.banklesshq.com/ 

------ BANKLESS SPONSOR TOOLS: 

⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum 

🍵 MATCHA | SMART ORDER ROUTING https://bankless.cc/Matcha 

🚀 SLINGSHOT | LAYER 2 SOCIAL TRADING https://bankless.cc/Slingshot 

🏦 GEMINI | TURN FIAT INTO CRYPTO https://bankless.cc/Gemini 

🦁 BRAVE | THE BROWSER NATIVE WALLET https://bankless.cc/Brave 

🦄 UNISWAP | DECENTRALIZED FUNDING https://bankless.cc/UniGrants 

------ Topics Covered:

0:00 Intro 6:00 Ground Rules 8:16 Why Are You in Crypto? 12:58 Personal Values & Backgrounds 18:26 Who are your Heroes? 21:56 Crypto Tribalism & Politics 27:06 Competing vs Collaborating 31:58 Decentralizing 37:04 What is True Decentralization? 45:00 Are Your Tokens Money? 51:31 Do Kwon Arrives 55:01 Layer 2 vs Multi-Chain 1:03:15 Predictions for 2022 1:07:11 Closing & Disclaimers

------ Resources:

Anatoly on Twitter: https://twitter.com/aeyakovenko?s=20 

Do Kwon on Twitter: https://twitter.com/stablekwon?s=20 

Emin on Twitter: https://twitter.com/el33th4xor?s=20 

----- 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://newsletter.banklesshq.com/p/bankless-disclosures 

Jeff ‘Jiho’ Zerlin—or jiho.eth on Twitter—was an early Axie Infinity community member before becoming the project’s Co-Founder. Ever since he could remember, Jiho was a gamer, collector, and entrepreneur.

Jiho wouldn’t be the engine to Axie’s growth today without his formative childhood. This is what shaped him to become the community leader of the leading play-to-earn game in the world, Axie Infinity. Now—Jiho and the Axie Nation are taking things to the next level.

Jiho shares the stories from his early formative years that shaped him to be the engine of Axie’s growth today, how community building changes in bull and bear markets, and what Axie’s secret ingredient is to the project’s lasting staying power.

------ 📣 ZERION | Trade Across 7 Networks and 500+ protocols https://bankless.cc/Zerion 

------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/ 

------ BANKLESS SPONSOR TOOLS:

⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum 

🍵 MATCHA | SMART ORDER ROUTING https://bankless.cc/Matcha 

🚀 SLINGSHOT | LAYER 2 SOCIAL TRADING https://bankless.cc/Slingshot 

🏦 GEMINI | TURN FIAT INTO CRYPTO https://bankless.cc/Gemini 

🦁 BRAVE | THE BROWSER NATIVE WALLET https://bankless.cc/Brave 

🦄 UNISWAP | DECENTRALIZED FUNDING https://bankless.cc/UniGrants 

------ Topics Covered:

0:00 Intro 4:52 Jiho’s Formative Years 15:47 Jiho’s Evolution at Axie 23:44 Axie’s Staying Power 34:50 Community Building in Different Markets 39:50 Organizing Axie Nation 44:50 Investing in P2E 50:44 Axie’s Emotional Bond 58:00 Optimizing for the Metaverse 1:05:46 What Jiho is Optimistic About

------ Resources:

Jiho on Twitter https://twitter.com/Jihoz_Axie 

Axie Infinity https://axieinfinity.com/ 

----- 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://newsletter.banklesshq.com/p/bankless-disclosures 

Everything is weird right now, and Kyla Scanlon is here to tell us why. Kyla is an independent, Gen Z friendly, new age content creator with a fantastic newsletter and youtube channel. In addition, she is the BanklessHQ TikTok correspondent, dropping weekly recaps of the crypto world.

Stepping outside the crypto bubble, there is craziness in the real world. We explore whether inflation is destroying the economy, social unrest, why younger generations are unhappy, and everything happening IRL right now.

Are we approaching war with Russia? Is globalization reversing? Can supply chains be fixed? Hang out with us as Kyla distills these complicated topics into well researched, thoughtful commentary.

------ ✨ DEBRIEF ✨ | Ryan & David's Unfiltered Thoughts on the Episode https://shows.banklesshq.com/p/debrief-kyla 

------ 📣 ZERION | Trade Across 7 Networks and 500+ protocols https://bankless.cc/Zerion 

------ 🚀 SUBSCRIBE TO NEWSLETTER:          https://newsletter.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST:                 http://podcast.banklesshq.com/ 

------ BANKLESS SPONSOR TOOLS: 

⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum 

🍵 MATCHA | SMART ORDER ROUTING https://bankless.cc/Matcha 

🚀 SLINGSHOT | LAYER 2 SOCIAL TRADING https://bankless.cc/Slingshot 

🏦 GEMINI | TURN FIAT INTO CRYPTO https://bankless.cc/Gemini 

🦁 BRAVE | THE BROWSER NATIVE WALLET https://bankless.cc/Brave 

🦄 UNISWAP | DECENTRALIZED FUNDING https://bankless.cc/UniGrants 

------ Topics Covered:

0:00 Intro 5:30 Kyla Scanlon 8:13 Inflation & Supply Chains  13:58 The Fed 18:15 Labor Markets 24:47 Social Unrest & Revolution 30:16 The Russia Ukraine Thing 35:14 What Modern War Looks Like 39:22 China & Getting Swifted 42:17 Energy Markets 52:35 Globalization 57:30 Narratives Shape Everything 1:01:47 Crypto in General 1:07:20 Line Goes Up Criticism 1:14:02 Green Energy Investment 1:19:53 Is Gen Z Screwed? 1:25:04 Meaning & Creating 1:31:40 Closing & Disclaimers

------ Resources:

Kyla on Twitter: https://twitter.com/kylascan?s=20 

Kyla's Website: https://kylascanlon.com/ 

Bankless TikTok: https://www.tiktok.com/@banklesshq?lang=en 

Principles for Dealing with the Changing World Order: https://www.amazon.com/Changing-World-Order-Nations-Succeed/dp/1982160276 

Ukraine Meme: https://twitter.com/Ukraine/status/1468206078940823554?s=20&t=QrBDbm0rG-kp0eNDS2l-SA 

-----  Music by Pick Patek - My Mind Is A Barrel (feat. Raindrop Relly & Charles Hussle) - https://thmatc.co/?l=3CCE88F3 

----- 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://newsletter.banklesshq.com/p/bankless-disclosures 

GAMESTOP! is announcing they're partnering with zk-rollup Immutable X, to open up an NFT marketplace! 

Immutable and Gamestop are also creating an up to $100 million fund dedicated to supporting the gaming ecosystem on Immutable X. 

------ 📣 ZERION | Trade Across 7 Networks and 500+ protocols https://bankless.cc/Zerion 

------ 🚀 SUBSCRIBE TO NEWSLETTER:          https://newsletter.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST:                 http://podcast.banklesshq.com/ 

------ BANKLESS SPONSOR TOOLS: 

⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum 

🍵 MATCHA | SMART ORDER ROUTING https://bankless.cc/Matcha 

🚀 SLINGSHOT | LAYER 2 SOCIAL TRADING https://bankless.cc/Slingshot 

🏦 GEMINI | TURN FIAT INTO CRYPTO https://bankless.cc/Gemini 

🦁 BRAVE | THE BROWSER NATIVE WALLET https://bankless.cc/Brave 

🦄 UNISWAP | DECENTRALIZED FUNDING https://bankless.cc/UniGrants 

------ Topics Covered:

0:00 - Intro 3:55 - How Big Is This? 6:01 - What Gamestop is Doing 7:51 - What Immutable is Doing 10:35 - Driving a New Business Model 13:20 - Why ImmutableX? 15:10 - What's Being Built 18:09 - The Gamer Experience 22:30 - The $100M Fund 25:15 - The Power of High Volume 27:55 - Criticism vs Utility 31:31 - What's After Gamestop? 33:20 - Closing & Disclaimers

------ Resources:

Robbie on Twitter: https://twitter.com/0xferg?s=20 

ImmutableX: https://www.immutable.com/ 

Gamestop Announcement https://investor.gamestop.com/news-releases/news-release-details/gamestop-forms-partnership-immutable-x 

----- 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://newsletter.banklesshq.com/p/bankless-disclosures 

1st Week of February 2022

------

📣 ZERION | Trade Across 7 Networks and 500+ protocols

https://bankless.cc/Zerion 

------

🚀 SUBSCRIBE TO NEWSLETTER:          https://newsletter.banklesshq.com/ 

🎙️ SUBSCRIBE TO PODCAST:                 http://podcast.banklesshq.com/ 

------

BANKLESS SPONSOR TOOLS: 

⚖️ ARBITRUM | SCALING ETHEREUM

https://bankless.cc/Arbitrum 

🍵 MATCHA | SMART ORDER ROUTING

https://bankless.cc/Matcha 

🚀 SLINGSHOT | LAYER 2 SOCIAL TRADING

https://bankless.cc/Slingshot 

🏦 GEMINI | TURN FIAT INTO CRYPTO

https://bankless.cc/Gemini 

🦁 BRAVE | THE BROWSER NATIVE WALLET

https://bankless.cc/Brave 

🦄 UNISWAP | DECENTRALIZED FUNDING

https://bankless.cc/UniGrants 

------

Topics Covered:

0:00 Intro

4:20 MARKETS

4:22 BTC Price

4:51 ETH Price

5:14 ETH BTC Ratio

https://www.indexcoop.com/bed

6:21 New ETH Burning Categories

https://ultrasound.money/ 

9:21 The Fee Flippening

https://twitter.com/cburniske/status/1488346430271934467?s=20&t=8jnMFEGTcxKL4BUOgak8tA 

11:56 DCF Price Forecasts

​​https://docs.google.com/spreadsheets/d/1_IqNzqm-_Jlk-cK4twQ-bzhJKrsOhrckdQA2isTwKRA/edit#gid=0 

https://docs.google.com/spreadsheets/d/1vqKJlqAmccQOvgzzgy_asz2QVGUYf4Wdfn2nNSDj3cA/edit#gid=1299381756 

16:18 Visa $2B Transaction Volume

https://beincrypto.com/visa-records-over-2b-in-transactions-for-crypto-linked-cards-in-2022-q1

16:55 Stablecoin Big But Still Smol

https://coinmetrics.substack.com/p/state-of-the-network-issue-140 

 

24:00 RELEASES

24:03 Aave v3

https://twitter.com/AaveAave/status/1486793032544493577?s=20&t=gVjc4WzEBdvCemwcOddr0g 

25:02 Predicting Hacks on Polymarket

https://twitter.com/PolymarketHQ/status/1486792651567472642?s=20&t=0TAKgnyChvZR8E8fg9JEeQ 

26:21 Kuiper Index Protocol

https://thedefiant.io/kuiper-index-protocol-launches/ 

 

27:10 RAISES

27:12 Dune $69,420,000 - Nice

https://dune.xyz/blog/series-b 

27:53 Solana Wallet Phantom

https://decrypt.co/91574/solana-wallet-phantom-raises-109-million-bringing-valuation-1-2-billion 

28:49 MyCrypto MetaMask Merger

https://medium.com/metamask/welcoming-mycrypto-to-metamask-8ee46e2ae740 

30:14 FTX > Coinbase

https://twitter.com/RyanSAdams/status/1488235646800080904?s=20&t=LthLbxyfyM7Gx_TRS7FGhw 

32:23 Castle Island

https://blockworks.co/castle-island-ventures-raises-hundreds-of-millions-for-new-fund 

33:40 Jobs

https://pallet.xyz/list/bankless/jobs 

 

35:02 NEWS

35:37 The Bridge Hack

https://twitter.com/RyanSAdams/status/1488979604362649602?s=20&t=ZsCXhj2PyjdtXJv-KUMjvQ 

36:26 Wormhole Failure

https://twitter.com/wormholecrypto/status/1489001949881978883?s=20&t=jmTVlJmMtkIo1wYfLXj1jg 

38:41 Getting Messy

https://twitter.com/tony_intern/status/1488979589602840581?s=20&t=Yxwn9ebgfQD0H9Z4Es6paA 

39:28 Cascading Effects

https://twitter.com/gakonst/status/1488980822568886279?s=20&t=8swuB2G9HV7HnMk6V-Nlzg 

40:42 TLDR

https://twitter.com/samczsun/status/1489044999211823107?s=20&t=u8aDeLzUhX9FZ8_kVn5k3g 

41:30 Wormhole is Back Up

https://twitter.com/wormholecrypto/status/1489232008521859079?s=20&t=YzMwd8rxxeHYJmAZtxmwsw 

42:31 Takeaways

50:34 Follow Up Trouble in Wonderland

https://twitter.com/danielesesta/status/1487826195978899457?s=20&t=4qIFl89g1cjmbeOjOD-IIg 

52:53 Sifu Exiting?

https://twitter.com/PeckShieldAlert/status/1488504262443540480?t=Y9hIG9vU2zdIQp3BtWra4Q&s=19 

53:18 Directly Managing a DAO

https://twitter.com/genie_trades/status/1488312967716216836?s=20&t=oAxIi76vMcePZPJMYRGUZg 

53:48 Governance Sucks

https://twitter.com/fozzydiablo/status/1486724691024756751?t=StLVrY3RJF_3FyYQrGY79Q&s=19 

54:31 Take https://twitter.com/0xMoral/status/1488112276343345154?t=1WkzDvDqVfCDARQjDJJdkw&s=19 

L222

54:38 Gamestop X Immutable

https://twitter.com/Immutable/status/1489209166010847232?s=20&t=4r04eo5ozPx_LKHn6UHkHw 

https://venturebeat.com/2022/02/03/gamestop-launches-nft-marketplace-on-immutable-x-creates-100m-dev-fund/ 

55:40 Bankless Livestream: https://youtu.be/fne4XMhtVf4 

56:13 Arbitrum Drains Binance’s ETH

https://twitter.com/dmihal/status/1486823203632820225?s=20&t=eQcWA4eWW7vcTpLvi8vBqw 

57:23 Polygon NFTs on Rainbow

https://twitter.com/rainbowdotme/status/1488966386059776005 

58:17 NFTs

58:18 Crypto Down, NFTs Up

https://newsletter.banklesshq.com/p/crypto-down-nfts-up-lite 

1:00:30 The Only Trade That Matters

https://news.bitcoin.com/pop-star-justin-bieber-buys-bored-ape-nft-for-1-29-million-pays-more-than-300-above-floor/ 

1:01:38 Kat Dennings Crypto Coven

https://twitter.com/OfficialKat?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor 

1:02:10 Bored Ape New Huge Valuation

https://www.ft.com/content/acc635d6-bb05-4af6-b4da-b8462c06466d 

1:03:50 Coachella NFTs

https://www.theblockcrypto.com/linked/132706/coachella-partners-with-ftx-us-to-launch-nfts 

1:05:19 Contrarian NFT Take

https://twitter.com/cburniske/status/1487852519610929152?s=21 

1:06:58 Regulation 

1:06:59 Facebook’s Diem Selling 

https://www.coindesk.com/business/2022/01/31/silvergate-bank-confirms-diem-tech-acquisition/ 

1:08:51 The GMI PAC

https://www.theblockcrypto.com/linked/132171/crypto-leaders-launch-political-action-committee-to-back-congressional-candidates 

1:09:25 SEC vs DeFi

https://twitter.com/RyanSAdams/status/1486818724887805959?s=20&t=zvPKSxtRhj2TahA9Ztwrig 

1:10:27 Biden’s Crypto Agenda

https://decrypt.co/91301/federal-reserve-crypto-regulation-plan-stablecoins-big-banks 

1:14:39 IRS vs. Staking

https://twitter.com/nohardforks/status/1489222500848484354 

https://twitter.com/JTheAccountant/status/1489034212778950656?s=20&t=h07eSeIIkQRkz2_MxrIdSA 

India

17:07 Governments Capturing Crypt

https://decrypt.co/91662/india-proposes-30-tax-crypto-income-announces-digital-rupee-launch 

1:18:49 Taxing at 30%

https://twitter.com/CryptooIndia/status/1488482797064888322 

TAKES

1:21:20 Right-Click-Save

https://twitter.com/cdixon/status/1487258007155232768?s=20&t=Tee_y2QEKF2AMfrR8EjoyQ 

https://twitter.com/scott_lew_is/status/1487857870494486529 

1:25:21 Blue Chips are L1 

https://twitter.com/gabusch/status/1488724132007067648?s=20&t=eauFsFqWMIzpFQ8_YGQtZg 

1:26:29 NFTs are a Scam

https://twitter.com/katxlev/status/1488869476707807233?s=20&t=05s3Q_5yxTQGjWKhH-dFvA 

1:27:29 DC Investor - Conviction

https://twitter.com/iamDCinvestor/status/1489249513478885376?s=20&t=yekYSfdsYZtnK4-ktEvGlg 

1:28:57 Can’t Cancel RSS

https://twitter.com/ryansadams/status/1487965015772733443?s=21 

1:31:56 What David’s Excited About

1:32:00 ETH Denver https://twitter.com/TrustlessState/status/1489265843133243393?s=20&t=4r04eo5ozPx_LKHn6UHkHw 

1:32:41 Brooklyn https://twitter.com/TrustlessState/status/1488373341295501312?s=20&t=4r04eo5ozPx_LKHn6UHkHw 

1:33:37 What Ryan’s Excited About

1:33:40 DCF Model

 

1:38:15 MEME of the Week

https://twitter.com/smilinglllama/status/1488256713493032970?s=20&t=-jGsNQ65JnNiKI_EM9OEJw 

 

-----

Not financial or tax advice. Do your own research. See our investment disclosures here:

https://newsletter.banklesshq.com/p/bankless-disclosures

CORRECTION: It's actually ETH to $4 Trillion 👀

Ryan Allis is the managing partner at Heart Rithm, and a serial entrepreneur with 20 years in technology, marketing, and business. Ryan write about Ethereum, Bitcoin, Polkadot, DeFi, Blockchain, Web3, and the future of money on his substack - Coinstack.

Today, we're evaluating ETH according to Ryan's recent DCF (discounted cash flows) model, and getting to the bottom of why ETH could be fairly valued at $10k with a market cap of $3 Trillion.

Model:  https://docs.google.com/spreadsheets/d/1_IqNzqm-_Jlk-cK4twQ-bzhJKrsOhrckdQA2isTwKRA/edit#gid=0 

------ 📣 ZERION | Trade Across 7 Networks and 500+ protocols https://bankless.cc/Zerion 

------ 🚀 SUBSCRIBE TO NEWSLETTER:          https://newsletter.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST:                 http://podcast.banklesshq.com/ 

------ BANKLESS SPONSOR TOOLS: 

⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum 

🍵 MATCHA | SMART ORDER ROUTING https://bankless.cc/Matcha 

🚀 SLINGSHOT | LAYER 2 SOCIAL TRADING https://bankless.cc/Slingshot 

🏦 GEMINI | TURN FIAT INTO CRYPTO https://bankless.cc/Gemini 

🦁 BRAVE | THE BROWSER NATIVE WALLET https://bankless.cc/Brave 

🦄 UNISWAP | DECENTRALIZED FUNDING https://bankless.cc/UniGrants 

------ Topics Covered:

0:00 Intro 6:00 Ryan Allis, ETH, Cash Flows 12:29 Making a DCF for ETH 16:34 Costs & Security 21:16 Generating Insane Revenue 31:42 The Outputs are Sexy 40:55 Monetary Premium 47:00 Buybacks & Distribution 52:14 Markets vs Education 57:02 Alt Layer 1's & L2 1:03:25 Memes vs Fundamentals 1:08:19 Closing & Disclaimers

------ Resources:

Ryan on Twitter: https://twitter.com/ryanallis?s=20  CoinStack: https://twitter.com/coinstackcrypto?s=20  HeartRithm: https://twitter.com/HeartRithm?s=20 

----- 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://newsletter.banklesshq.com/p/bankless-disclosures 

The Boys Club is a DAO-in-training that is building products, resources, and communities to make the crypto space a more welcome place for women. Crypto has traditionally not been a particularly women-friendly place, with a sub-culture of basement-dwelling libertarian bros. But that is changing.

There are an increasing number of ways to break into crypto, and the Boys Club is tackling this head on. Natasha Hoskins and Deana Burke are co-founders of the community, and they note that women have far more presence at IRL crypto events than on the internet. And Boys Club members rep the Boys Club. Hard.

With a strong mission, sound goals, and immaculate vibes, the Boys Club have already blazed trails, but there is a strong future ahead of them.

------ 📣 ZERION | Trade Across 7 Networks and 500+ protocols https://bankless.cc/Zerion 

------ 🚀 SUBSCRIBE TO NEWSLETTER:          https://newsletter.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST:                 http://podcast.banklesshq.com/ 

------ BANKLESS SPONSOR TOOLS: 

⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum 

🍵 MATCHA | SMART ORDER ROUTING https://bankless.cc/Matcha 

🚀 SLINGSHOT | LAYER 2 SOCIAL TRADING https://bankless.cc/Slingshot 

🏦 GEMINI | TURN FIAT INTO CRYPTO https://bankless.cc/Gemini 

🦁 BRAVE | THE BROWSER NATIVE WALLET  https://bankless.cc/Brave 

🦄 UNISWAP | DECENTRALIZED FUNDING https://bankless.cc/UniGrants 

------ Topics Covered:

0:00 Intro 4:30 Natasha & Deana of Boys Club 8:52 Onboarding Women Into Web3 15:56 The Boys Club Vibe 22:56 But What IS Boys Club? 26:34 The Name 28:41 Lessons in Scaling 33:40 More than Mining 36:10 What Women Have that Crypto Needs 40:30 Pet Peeves 42:42 Interviewing Each Other 49:14 I Think This Is For You 52:02 Maximally Successful Boys Club 56:41 Sharing Stories 59:28 How to Get Involved

------ Resources:

Natasha on Twitter https://twitter.com/natashaghoskins?s=20  Deana on Twitter https://twitter.com/medeana?s=20  Boys Club on Twitter https://twitter.com/BoysClubCrypto?s=20  BoysClub.vip https://boysclub.vip/ 

----- 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://newsletter.banklesshq.com/p/bankless-disclosures