Bankless

2nd Week of August 2021

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

💰 GEMINI | FIAT & CRYPTO EXCHANGE https://bankless.cc/go-gemini 

🔀 BALANCER | EXCHANGE & POOL ASSETS https://bankless.cc/balancer 

👻 AAVE | LEND & BORROW ASSETS https://bankless.cc/aave 

🦄 UNISWAP | DECENTRALIZED FUNDING http://bankless.cc/uniswap 

------ 📣 PoolTogether | Break up with your Lottery! https://bankless.cc/PoolTogether  ------

Topics Covered:

0:00 Intro

1:30 MARKETS 2:05 BTC Price 3:04 ETH Price 7:10 ETH/BTC Ratio 9:55 ETH’s Q2 https://www.businesswire.com/news/home/20210804005657/en/Genesis-Q2-Report-Shows-Decreasing-Bitcoin-Dominance-and-Hedge-Funds-Diving-Into-DeFi  13:12 ETH Volume https://twitter.com/geenty/status/1425198900068110338?s=21  14:50 Institutional Demand https://twitter.com/fintechfrank/status/1425586708305829891  15:57 DeFi Action 20:10 Layer 2 Beat https://l2beat.com/  23:21 EIP-1559 Burned: https://www.etherchain.org/burn  Bankless-Inspired Dashboard: https://twitter.com/MSilb7/status/1423314663052218373?s=20  29:54 Axie $1B Volume https://twitter.com/Psycheout86/status/1423719170315800581?s=20  31:38 Coinbase’s Impressive Quarter https://twitter.com/CNBCClosingBell/status/1425186855641829381?s=20 

33:00 RELEASES 35:00 Arbitrum in August https://twitter.com/arbitrum/status/1423709666203344899?s=21  38:26 Rarible Protocol https://twitter.com/rariblecom/status/1425840333854711809?s=20  39:17 Gearbox Leverage https://medium.com/gearbox-protocol/hello-world-this-is-gearbox-generalized-leverage-protocol-cbec5f34bb98  41:37 Raises Helium: https://twitter.com/TheBlock__/status/1425255811731894278?s=20  Dune Analytics: https://twitter.com/DuneAnalytics/status/1425821738626019330?s=20  Liquality Wallet: https://twitter.com/TheBlock__/status/1425200897475465220  TaxBit: https://twitter.com/CoinDesk/status/1425825002104922116?s=20  46:34 Jobs https://jobs.banklesshq.com/ 

47:00 NEWS 47:16 Poly Network Hack https://twitter.com/polynetwork2/status/1425073987164381196?s=21  Returned: https://www.theblockcrypto.com/linked/114390/poly-network-hacker-returns-nearly-all-of-the-611-million-in-stolen-funds  51:50 Multichain Aave https://cryptobriefing.com/aave-is-exploring-solana-avalanche-layer-2-expansion/  53:30 Uniswap $1B in Fees https://twitter.com/lucasoutumuro/status/1425172167998779398?s=21  54:20 Gemini Acquires Guesser https://twitter.com/Gemini/status/1425085144436813833?s=20  55:40 Penguins in NY Times https://www.nytimes.com/2021/08/12/technology/penguin-nft-club.html  58:41 FTX Sponsoring Axie Players https://twitter.com/CoinDesk/status/1423274509008875520  59:06 DraftKings NFT w/ Tom Brady https://www.theblockcrypto.com/linked/114064/draftkings-launches-nft-marketplace-with-first-drop-featuring-tom-brady  1:00:29 North American BTC Miners https://www.theblockcrypto.com/post/113861/american-public-bitcoin-miner-btc-july-china  1:01:25 Infrastructure Bill Senate: https://www.cnbc.com/2021/08/11/crypto-lawmakers-fought-over-the-infrastructure-bill-heres-whats-next.html  Alabama: https://twitter.com/jchervinsky/status/1423519533990617091?s=21  Treasury: https://www.washingtonpost.com/politics/2021/08/06/crypto-bitcoin-infrastructure-senate/  Jake’s Take: https://twitter.com/jchervinsky/status/1423519533990617091?s=21  1:08:11 Brian Brooks Leaves Binance https://twitter.com/coindesk/status/1423730217357660160?s=21  1:09:37 Circle Becoming a Bank? https://twitter.com/circlepay/status/1424717848400863245?s=21  1:11:00 Happy Yamiversary https://twitter.com/brockjelmore/status/1425307479806824452?s=21 

1:13:00 TAKES 1:14:30 Coordinate, Don’t Overreact https://twitter.com/econoar/status/1423483356583370752?s=20  1:16:04 Su Zhu on jpegs https://twitter.com/zhusu/status/1423833467406585860?s=21  1:17:47 David on jpegs https://twitter.com/trustlessstate/status/1424119278085697536?s=21  1:19:05 Eric on jpegs https://twitter.com/econoar/status/1424506591080976391?s=21  1:20:03 Andrew Yang https://twitter.com/AndrewYang/status/1425193106950041600?s=20 

1:21:26 What Anthony’s Excited About 1:22:38 What David’s Excited About

1:24:25 MEME of the Week https://twitter.com/BanklessHQ/status/1423503086459359235?s=20  Meme 2: https://twitter.com/TrustlessState/status/1423386503766437888?s=20 

1:29:16 Closing & 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://newsletter.banklesshq.com/p/bankless-disclosures 

Smart Contract Summit, hosted by Chainlink Labs, is the biggest smart contract event of the year with leading speakers and projects across DeFi, the NFT economy, and the larger blockchain industry.

Check out the other discussions here: https://www.smartcontractsummit.io/ 

------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/  🎖 CLAIM YOUR BADGE: https://newsletter.banklesshq.com/p/-guide-2-using-the-bankless-badge  ------ BANKLESS SPONSOR TOOLS:

💰 GEMINI | FIAT & CRYPTO EXCHANGE https://bankless.cc/go-gemini 

🔀 BALANCER | EXCHANGE & POOL ASSETS https://bankless.cc/balancer 

👻 AAVE | LEND & BORROW ASSETS https://bankless.cc/aave 

🦄 UNISWAP | DECENTRALIZED FUNDING http://bankless.cc/uniswap 

------ 📣 PoolTogether | DeFi's No-Loss Lottery Protocol https://bankless.cc/PoolTogether  ------

Resources:

DC Investor on Twitter: https://twitter.com/iamDCinvestor?s=20 

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

James Wang on Twitter: https://twitter.com/draecomino?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 

Optimism is scaling Ethereum with its open-source Optimistic Rollup. Uniswap recently deployed on Optimistic Ethereum, officially kicking off Ethereum's Scalability Summer. Where does Optimism stand now? What's next?

Optimists Ben Jones & Karl Floersch join to talk about working on Ethereum’s hardest problems and pioneering a better future for humanity.

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

------ BANKLESS SPONSOR TOOLS:

💰 GEMINI | FIAT & CRYPTO EXCHANGE https://bankless.cc/go-gemini 

🔀 BALANCER | EXCHANGE & POOL ASSETS https://bankless.cc/balancer 

👻 AAVE | LEND & BORROW ASSETS https://bankless.cc/aave 

🦄 UNISWAP | DECENTRALIZED FUNDING http://bankless.cc/uniswap 

------ 📣 PoolTogether | DeFi's No-Loss Lottery Protocol https://bankless.cc/PoolTogether  ------

Topics Covered:

0:00 Intro 7:00 Ben Jones & Karl Floersch 9:10 Is Ethereum Scaling? 10:03 The History of Optimism 16:20 A Scaled Ethereum Chain 19:26 A Mental Model & Theme Parks 27:24 Governors & Contracts 29:29 Infrastructure & Use Cases 37:07 The Optimistic EVM 41:32 How Much Scale is There? 49:04 Latency & Liquidity 58:59 Layer 2 to Layer 2 1:06:29 Understanding Tradeoffs 1:09:18 MEV & Sequencing 1:19:17 Power & Responsibility 1:27:08 Saving Humanity 1:29:48 Fire Round Questions 1:34:54 Closing & Disclaimers

------ Resources:

Optimism: https://optimism.io/  Ben on Twitter: https://twitter.com/ben_chain?s=20  Karl on Twitter: https://twitter.com/karl_dot_tech?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 

Richard Turrin is the best selling author of Innovation Lab Excellence, and recently published his new book Cashless: China's Digital Currency Revolution. This new release covers the story and context of China’s new Central Bank Digital Currency (CBDC) and the innovation happening in that space.

In this episode, Richard walks us through the efforts China has made to innovate within its Fintech platforms, and how it poses a long-term threat to US Dollar dominance. With smart contracts on the way, what does the world look like with a maximally successful Chinese CBDC? Listen in and find out.

In this episode's exclusive debrief, we dive into all the questions we didn't have time to ask and explore how big of a challenge CBDCs pose to crypto. Get it here:

https://shows.banklesshq.com/p/exclusive-debrief-chinas-digital 

------ 📣 PoolTogether | DeFi's No-Loss Lottery Protocol https://bankless.cc/PoolTogether 

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

------ BANKLESS SPONSOR TOOLS:

💰 GEMINI | FIAT & CRYPTO EXCHANGE https://bankless.cc/go-gemini 

🔀 BALANCER | EXCHANGE & POOL ASSETS https://bankless.cc/balancer 

👻 AAVE | LEND & BORROW ASSETS https://bankless.cc/aave 

🦄 UNISWAP | DECENTRALIZED FUNDING http://bankless.cc/uniswap 

------

Topics Covered:

0:00 Intro 9:30 Richard Turrin 12:03 Where The US Went Wrong 16:34 China’s Last 10 Years 23:10 Comparing the User Experience 30:00 A Cultural Divide 38:17 A Regulatory Divide 47:00 Central Bank Digital Currencies 57:43 Digitized vs Digital Currency 1:05:19 Benefits of a CBDC 1:14:48 The Design & Smart Contracts 1:25:00 Verification and KYC 1:30:57 China’s International Ambitions 1:35:43 The Impact on Crypto 1:39:13 When the West Wakes Up 1:42:03 Closing & Disclaimers

------ Resources:

Richard on Twitter https://twitter.com/richardturrin?s=20  Cashless: China's Digital Currency Revolution https://www.amazon.com/Cashless-Chinas-Digital-Currency-Revolution/dp/1949642720/ref=tmm_pap_swatch_0?_encoding=UTF8&qid=&sr= 

----- 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 August 2021

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

💰 GEMINI | FIAT & CRYPTO EXCHANGE https://bankless.cc/go-gemini 

🔀 BALANCER | EXCHANGE & POOL ASSETS https://bankless.cc/balancer 

👻 AAVE | LEND & BORROW ASSETS https://bankless.cc/aave 

🦄 UNISWAP | DECENTRALIZED FUNDING http://bankless.cc/uniswap 

------ 📣 PoolTogether | Break up with your Lottery! https://bankless.cc/PoolTogether  ------

Topics Covered:

0:00 Intro

1:56 MARKETS 2:08 BTC Price 2:27 ETH Price 3:28 ETH/BTC Ratio 4:24 DeFi Action 6:27 EIP 1559 https://ultrasound.money/  11:44 Ultra Sound Block https://twitter.com/AlexanderFisher/status/1423277318773088257  13:14 1559 Wallets https://metamask.io/1559.html  15:26 Going Mainstream https://twitter.com/TrustlessState/status/1423293814312108039?s=20  16:05 Uniswap Burning  https://twitter.com/haydenzadams/status/1423292792617402371?s=21  19:09 221M Crypto Users https://twitter.com/RyanSAdams/status/1421108123016830982?s=20  21:16 OpenSea Volume https://twitter.com/dfinzer/status/1422016457290956800?s=21  22:29 DeFi Addresses https://decrypt.co/77593/ethereum-addresses-using-defi-rose-65-last-quarter 

24:45 RELEASES 25:13 Starkware & SoRare https://medium.com/sorare/were-live-on-our-scaling-solution-starkware-62438abee9a8  25:54 Thales https://thalesmarket.medium.com/the-day-has-come-thales-dapp-launches-on-ethereum-mainnet-366b98ed0c71  26:21 DyDx Token https://newsletter.banklesshq.com/p/-alpha-alert-dydx-retroactive-drop  Sad Meme: https://twitter.com/monetsupply/status/1422745261986631682?s=21  29:10 Bitwise UNI & Aave Funds https://www.bitwiseinvestments.com/resources/press-releases/bitwise-asset-management-expands-defi-suite-with-launch-of-the-worlds-first-uniswap-and-aave-funds  29:58 Argent Layer 2 Waitlist https://twitter.com/argentHQ/status/1422262937423597571  31:09 Rocket Pool Testnet https://medium.com/rocket-pool/rocket-pool-prater-testnet-guides-2428ecdc565e  31:32 ETH Modeler https://www.ethmodel.io/  32:12 Diversifi Polygon Bridge https://twitter.com/deversifi/status/1422596299216543746  32:46 RAISES Messari: https://twitter.com/DelRayMan/status/1423284038811492372?s=19  Point72: https://markets.businessinsider.com/news/currencies/steve-cohen-point72-hire-boss-head-digital-asset-crypto-jobs-2021-7  Sense Finance: https://medium.com/sensefinance/sense-finance-raises-5-2m-to-add-a-new-dimension-to-defi-bbccb508d271  Krystal: https://www.theblockcrypto.com/post/113483/defi-platform-krystal-crypto-seed-funding  34:51 Jobs https://bankless.cc/jobs 

35:27 NEWS 35:37 Trustless ETH Staking https://blog.lido.fi/the-road-to-trustless-ethereum-staking/  38:05 Zcash Proof of Stake? https://twitter.com/zooko/status/1422575010221199361?s=20  39:53 Punk Pump https://decrypt.co/77392/cryptopunk-prices-rise-53-in-week-after-ethereum-whales-feeding-frenzy  43:28 Polygon & Knicks https://twitter.com/mihailobjelic/status/1421535583856439298?s=21  43:57 Treeverse https://twitter.com/TheTreeverse/status/1423047756667629578  43:30 Infrastructure Bill https://twitter.com/jchervinsky/status/1421150344051048451  Amendment: https://twitter.com/jerrybrito/status/1422974253876580355?s=20  Do your part: https://www.fightforthefuture.org/actions/stop-the-senate-from-sneaking-through-total-surveillance-of-the-crypto-economy/  Bailout: https://twitter.com/RyanSAdams/status/1423097584034402308?s=20  55:00 Gary Gensler Speech https://www.sec.gov/news/public-statement/gensler-aspen-security-forum-2021-08-03#_ftn10  Nic Carter: https://twitter.com/nic__carter/status/1422602420119556098?s=20  Positives: https://twitter.com/prestonjbyrne/status/1422602012060004356?s=20  ETF: https://www.bloomberg.com/news/articles/2021-08-03/sec-s-gensler-signals-pathway-for-a-bitcoin-etf-with-tough-rules  1:04:09 China Pressure https://shows.banklesshq.com/p/-early-access-chinas-digital-currency  1:07:30 Drive-By’s Wealthfront: https://www.thestreet.com/crypto/news/wealthfront-adds-grayscales-bitcoin-and-ethereum-trusts-for-clients  Spagni: https://cointelegraph.com/news/monero-s-former-maintainer-arrested-in-u-s-for-allegations-unrelated-to-cryptocurrency 

1:09:00 TAKES 1:11:00 Maxi’s Coping https://twitter.com/econoar/status/1423143520781553668?s=20  1:15:00 Talking Crypto Daily https://twitter.com/jdorman81/status/1418253693829357572?s=20  1:15:56 Binance Squeeze Bullish DeFi https://twitter.com/iamjosephyoung/status/1421058386704035840  1:16:54 America’s Biggest Export https://twitter.com/RealNatashaChe/status/1422270993498705921  1:18:33 EIP-1559 Ju-jitsu  https://twitter.com/RyanSAdams/status/1422920975600037888?s=20  1:21:22 Success is a Muscle https://twitter.com/hasufl/status/1423295802705735686?s=20 

1:22:48 What David’s Excited About 1:24:49 What Ryan’s Excited About

1:27:28 The Merge

1:28:28 Meme of the Week

1:30:25 Closing & Disclaimers 

Join the Bankless and EthHub boys as they livestream during the London Hardfork and watch EIP1559 start burning ETH! ------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/  🎖 CLAIM YOUR BADGE: https://newsletter.banklesshq.com/p/-guide-2-using-the-bankless-badge  ------ BANKLESS SPONSOR TOOLS:

💰 GEMINI | FIAT & CRYPTO EXCHANGE https://bankless.cc/go-gemini 

🔀 BALANCER | EXCHANGE & POOL ASSETS https://bankless.cc/balancer 

👻 AAVE | LEND & BORROW ASSETS https://bankless.cc/aave 

🦄 UNISWAP | DECENTRALIZED FUNDING http://bankless.cc/uniswap 

------ 📣 PoolTogether | DeFi's No-Loss Lottery Protocol https://bankless.cc/PoolTogether  ------ Resources:

DC Investor on Twitter: https://twitter.com/iamDCinvestor?s=20 

Eric on Twitter: https://twitter.com/econoar?s=20 

Hudson on Twitter: https://twitter.com/hudsonjameson?s=20 

Justin on Twitter: https://twitter.com/drakefjustin?s=20 

Anthony on Twitter: https://twitter.com/sassal0x?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 time has come. With the London Fork just around the corner, the much anticipated EIP-1559 will be implemented. This fundamentally changes the relationship among miners, users, and gas.

This panel, moderated by Ethereum core developer Tim Beiko, is set to discuss the macro and micro shifts to the ecosystem. We've talked about this a lot on Bankless, so it's time to hear from experts around the community about this massive turning point.

------ 📣 PoolTogether | DeFi's No-Loss Lottery Protocol https://bankless.cc/PoolTogether  ------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/  ------ BANKLESS SPONSOR TOOLS:

💰 GEMINI | FIAT & CRYPTO EXCHANGE https://bankless.cc/go-gemini 

🔀 BALANCER | EXCHANGE & POOL ASSETS https://bankless.cc/balancer 

👻 AAVE | LEND & BORROW ASSETS https://bankless.cc/aave 

🦄 UNISWAP | DECENTRALIZED FUNDING http://bankless.cc/uniswap 

------

Topics Covered:

0:00 Intro 8:00 Understanding EIP 1559 ETH Research post: https://ethresear.ch/t/first-and-second-price-auctions-and-improved-transaction-fee-markets/2410 20:34 Changing Metrics 26:21 Improving User Experience Micah’s article: https://medium.com/coinmonks/a-tale-of-two-pricing-schemes-dc9c8717906 33:45 Advice for Smart Contract Devs JSON RPC Changes: https://hackmd.io/@timbeiko/1559-json-rpc 42:30 Miners, Burning Fees, and MEV 53:52 Clarifying MEV and Gas Prices 57:00 EIP 1559 on Geth 1:04:44 Hasu's Turning Point on ETH 1:11:11 David & Ryan ask Community Questions 1:15:51 Fifteen Fifty-Nine 1:19:40 Old Transactions in a New Paradigm 1:22:00 Stuck & Pending Transactions 1:24:16 Changing Monetary Policy 1:36:01 Manipulating Block Size 1:39:58 Discussing Timelines 1:47:25 Closing & Disclaimers

------ Resources:

Tim Beiko on Twitter: https://twitter.com/TimBeiko?s=20 

Barnabe Monnot on Twitter: https://twitter.com/barnabemonnot?s=20 

Hasu on Twitter: https://twitter.com/hasufl?s=20 

Lightclients on Twitter: https://twitter.com/lightclients?s=20 

Micah Zoltu on Twitter: https://twitter.com/MicahZoltu?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 

Lyn Alden returns to the podcast, this time to discuss Inflation. Founder of Lyn Alden Investments, we keep coming back to Lyn because of her sharp analysis and compelling macro takes.

We explore the three types of inflation, how they intersect and affect one another, and what this means for the global outlook of crypto and society.

------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/  🎖 CLAIM YOUR BADGE: https://newsletter.banklesshq.com/p/-guide-2-using-the-bankless-badge  ------ BANKLESS SPONSOR TOOLS:

💰 GEMINI | FIAT & CRYPTO EXCHANGE https://bankless.cc/go-gemini 

🔀 BALANCER | EXCHANGE & POOL ASSETS https://bankless.cc/balancer 

👻 AAVE | LEND & BORROW ASSETS https://bankless.cc/aave 

🦄 UNISWAP | DECENTRALIZED FUNDING http://bankless.cc/uniswap  ------

Topics Covered:

0:00 Intro 6:00 Lyn Alden & Overview 10:08 Fiscal Policies & COVID 19:02 3 Types of Inflation 27:22 Ordering & Measuring 32:50 The Long Arc of History 40:57 Transitory or Permanent? 49:22 Wages vs Assets 56:08 The Effects of Inflation 1:00:00 Winners and Losers 1:09:40 A Global Perspective 1:16:40 The Death of Dollar Dominance 1:23:03 Multi-Polar Reserve Currency 1:27:50 COVID Delta Variant 1:32:57 Where Crypto Comes In 1:39:12 Ethereum & The Bull Market 1:45:34 Advice for Listeners 1:48:34 Closing & Disclaimers

------ Resources:

Lyn on Twitter: https://twitter.com/LynAldenContact?s=20 

Lyn's Website & Newsletter: https://www.lynalden.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 

4th Week of July 2021

------ BANKLESS SPONSOR TOOLS:

💰 GEMINI | FIAT & CRYPTO EXCHANGE https://bankless.cc/go-gemini 

🔀 BALANCER | EXCHANGE & POOL ASSETS https://bankless.cc/balancer 

👻 AAVE | LEND & BORROW ASSETS https://bankless.cc/aave 

🦄 UNISWAP | DECENTRALIZED FUNDING http://bankless.cc/unigrants 

------ 📣 SMARTCON | Register for Smart Contract Summit 2021! https://bankless.cc/SmartCon  ------

Topics Covered

0:00 Intro 5:36 EIP 1559 and other PSAs

10:55 MARKETS 11:05 BTC Price Shorts: https://twitter.com/woonomic/status/1419621135373701123?s=20  14:02 ETH Price 14:42 BTC/ETH Ratio 15:34 DeFi Action 17:33 The BED Index https://www.indexcoop.com/bed  Pancake: https://twitter.com/xofee3/status/1419631884846387200?s=21  23:23 Axie Hasn’t Stopped https://www.coingecko.com/en/coins/axie-infinity  25:21 Optimism Revenue https://twitter.com/tokenterminal/status/1420053733052932097?s=21  26:06 Crypto Fees https://cryptofees.info/  27:00 1 in 10 Invested https://www.marketwatch.com/story/more-than-1-in-10-americans-invested-in-crypto-this-year-heres-how-they-differ-from-stock-market-investors-11626980261 

29:00 RELEASES 30:55 Ultra Sound Summer https://twitter.com/BanklessHQ/status/1418660235393130502?s=20  34:00 Polygon $100M Gaming Fund https://twitter.com/_PolygonStudios/status/1417200733703720991  36:15 Aave Arc https://twitter.com/HsakaTrades/status/1418276172396306432?s=20  38:45 Fractional NFTs https://twitter.com/fractional_art/status/1419696688302854146?s=20  41:22 Binance & Polygon https://twitter.com/MihailoBjelic/status/1420328228795846658  42:55 Etherscan ‘Blockscan’ Upgrade  https://twitter.com/etherscan/status/1419985650632122369  44:45 Rabby Wallet https://medium.com/@rabby_io/rabby-release-announcement-564406988e2b  47:00 Lyra DAO https://blog.lyra.finance/lyra-dao-raises-3-3m/  49:27 Fireblocks $310M https://cointelegraph.com/news/blockchain-unicorn-fireblocks-raises-310m  50:33 Crypto Jobs https://pallet.xyz/list/bankless/jobs 

52:10 NEWS 52:20 PayPal Super App https://cointelegraph.com/news/paypal-s-crypto-super-app-set-to-roll-out-soon  56:10 Amazon Hiring https://www.amazon.jobs/en/jobs/1644513/digital-currency-and-blockchain-product-lead  57:10 Jack ETH Troll https://twitter.com/jack/status/1418344349289566212?s=21  Community: https://twitter.com/coingecko/status/1418406317903863809?s=20  1:00:35 Uniswap Front End https://uniswap.org/blog/token-access-app/  2019: https://newsletter.banklesshq.com/p/unstoppable-liquidity-market-monday-8d6  1:08:14 Reddit on Arbitrum https://twitter.com/arbitrum/status/1418260889698983936?s=20  1:11:50 Media’s Behind https://twitter.com/wongisrite/status/1419790042537496581?s=20  1:13:40 BitGo & Index Coop https://blockworks.co/bitgo-and-index-coop-partner-to-build-blue-chip-experience-for-defi-investment/  1:15:05 Shopify NFTs https://www.coindesk.com/shopify-to-allow-merchants-to-sell-nfts-directly-through-their-stores  1:22:25 Stonercats https://www.coindesk.com/vitalik-buterin-joins-cast-of-stoner-cats-mila-kunis-new-animated-nft-show  1:24:50 Coca-Cola NFTs https://www.theblockcrypto.com/post/112779/coca-cola-creates-its-first-collection-of-brand-inspired-nfts  1:25:29 Pplpleasr Fortune Magazine https://twitter.com/pplpleasr1/status/1420780214175555585  1:26:53 Elizabeth Warren, Shadowy Super Coders https://decrypt.co/76997/elizabeth-warren-crypto-big-banks-shadowy-super-coders  Letter: https://www.warren.senate.gov/imo/media/doc/FSOC%20Crypto%20Letter%2007.26.2021.pdf  1:31:30 Infrastructure Bill https://www.theblockcrypto.com/linked/112877/white-house-says-crypto-tax-enforcement-will-help-pay-for-bipartisan-infrastructure-deal  Meme: https://twitter.com/sassal0x/status/1420769026804912131?s=20  Coin Center: https://twitter.com/jerrybrito/status/1420724068286926853?s=20  1:35:14 News Quick Takes 1:37:30 Goldman Sachs DeFi ETF https://www.coindesk.com/goldman-sachs-applies-for-defi-etf 

1:40:00 TAKES 1:41:00 Facebook Metaverse https://twitter.com/ClaireSilver12/status/1418268267483996168  1:43:38 Regulatory Own Goal https://twitter.com/runekek/status/1419388578585513985?s=21  1:45:45 Gaming is Next https://twitter.com/tokenterminal/status/1418699352521035779?s=20  1:46:43 ETH vs. Commodities https://twitter.com/sassal0x/status/1419942343608729601?s=20 

1:47:49 What David’s Excited About 1:48:30 What Ryan’s Excited About

1:50:38 MEME of the Week https://twitter.com/BanklessHQ/status/1418368850052096003?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 

NFTs have exploded in 2021, but many coveted pieces are far out of the price range of average DeFi citizens. Enter Fractional, the new protocol for buying, selling, and minting fractions of NFTs.

This breaks apart NFTs and allows anyone to unlock NFT liquidity and open the door for community involvement. To detail this step forward in crypto culture, we bring on Fractional lead dev @Andy8052 for a Live AMA.

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Resources:

Andy on Twitter https://twitter.com/andy8052?s=20

Fractional https://fractional.art/

------ 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