Bankless

Join Michael Wong and David Hoffman as they attempt to make a show about comedy and crypto! Subscribe to the Top Signal RSS Feed: https://podcasts.apple.com/us/podcast/top-signal/id1574944825

GUESTS @Cooopahtroopa @0x_Lucas @BlockchainJames @gladstonecallum

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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

Join Michael Wong and David Hoffman as they attempt to make a show about comedy and crypto!

Subscribe to the Top Signal RSS feed!

https://podcasts.apple.com/us/podcast/top-signal/id1574944825

GUESTS: @Cooopahtroopa @0x_Lucas @BlockchainJames @gladstonecallum

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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

Join Michael Wong and David Hoffman as they attempt to make a show about comedy and crypto! Subscribe to the Top Signal RSS feed! https://podcasts.apple.com/us/podcast/top-signal/id1574944825

GUESTS @Cooopahtroopa @0x_Lucas @BlockchainJames @gladstonecallum

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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 July, 2021.

------ 🚀 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/unigrants 

------ 📣 KYBER | Liquidity mine with Rainmaker https://bankless.cc/kyber  ------

Topics Covered

0:00 Intro

2:10 MARKETS 2:20 BTC Price 4:56 ETH Price Exchanges https://twitter.com/cryptoquant_com/status/1411973786941804547  Deposit Contract http://www.theblockcrypto.com/data/decentralized-finance/asset-management/eth-in-eth2-deposit-contract  8:03 ETH/BTC 10:10 DeFi Action 13:15 NFT Volume https://duneanalytics.com/rchen8/opensea 

16:30 RELEASES 17:45 EIP-1559 https://twitter.com/TimBeiko/status/1412762432079007748?s=20  Fee Burn https://goerli.etherscan.io/blocks?p=1  Fee Savings https://twitter.com/TimBeiko/status/1412995748665298944?s=20  22:35 Beacon Book https://twitter.com/StatefulWorks/status/1412408929267630093  24:30 Balancer & Polygon https://medium.com/balancer-protocol/balancer-joins-polygons-summer-of-defi-with-10-million-in-joint-token-incentives-c09d4db5ae9b  Zapper https://twitter.com/zapper_fi/status/1412889987155173382  Dune https://twitter.com/0xPolygon/status/1409556178443505667?s=20  27:30 Göerli Sidechain  https://twitter.com/bantg/status/1412388910429347841?s=20  31:05 Aave Pro in July https://twitter.com/TraderNoah/status/1411719489947906048  34:16 Raises  Index Coop https://www.coindesk.com/dao-behind-defi-pulse-index-raises-7-7m-from-galaxy-digital-1kx  Zerion https://www.theblockcrypto.com/post/110675/defi-investing-platform-zerion-series-a-funding 

36:20 NEWS 36:30 JPMorgan ETH Staking Report https://decrypt.co/75108/ethereum-staking-crypto-jp-morgan  39:57 Andre on a Tear https://twitter.com/andrecronjetech/status/1411244286146977792?s=21 41:43 Axie Infinity Growth https://twitter.com/amytongwu/status/1412875602030301190?s=20   43:05 China & Stablecoins https://www.coindesk.com/china-central-bank-pboc-worried-stablecoins  44:53 $70m Ransom Attack https://www.forbes.com/sites/roberthart/2021/07/05/ransomware-hackers-demand-70-million-in-bitcoin-claim-massive-us-attack-as-biden-investigates-possible-russian-involvement/  46:35 Circle Spac Merger https://www.theblockcrypto.com/post/110806/confirmed-stablecoin-firm-circle-public-spac-merger  47:45 Wyoming DAOs https://decrypt.co/75222/americas-first-dao-approved-in-wyoming  50:50 News Drive-By Crypto Cards top $1B https://www.cnbc.com/2021/07/07/visa-says-crypto-linked-card-usage-tops-1-billion-in-first-half-of-2021.html  Binance Squeeze https://www.theblockcrypto.com/post/110510/barclays-customers-in-the-u-k-can-no-longer-transfer-funds-to-binance  Elizabeth Warren Flex https://www.coindesk.com/elizabeth-warren-sec-deadline-crypto-regulation 

54:30 TAKES 55:00 Computer without Internet https://twitter.com/chainlinkgod/status/1410359761971736577?s=21  56:25 Spooky Chainlink https://twitter.com/edgararout/status/1412401125463035914?s=21  1:00:20 Creator Economy https://twitter.com/balajis/status/1410585347092729857?s=21  1:03:05 Influencer to Creator https://twitter.com/balajis/status/1412890086635544578?s=20  1:04:53 CeDeFi https://twitter.com/dcfgod/status/1410985736715767817?s=20  1:06:50 Speed & Depth https://twitter.com/balajis/status/1411046562063523841?s=21  1:09:15 Broken Pegs https://twitter.com/stefan__ionescu/status/1412190540700004357?s=21  1:11:50 MEV Negative Externalities https://twitter.com/bertcmiller/status/1412579402345586696?s=20  1:18:35 Transparent Systems https://twitter.com/panekkkk/status/1411347712168153090 

1:24:05 What David’s Excited About 1:25:05 What Ryan’s Excited About https://twitter.com/RyanSAdams/status/1412799192603533313?s=20 

1:29:00 Meme of the Week https://i.redd.it/8b1khwy3uu971.jpg 

----- 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 

Robert Leshner is the founder of the Compound Protocol, which is pioneering decentralized borrowing and lending. He is returning to Bankless to discuss Compound Treasury, which is set to offer Compound's services to institutions.

Is it Fintech? Is it Banking? Is it Crypto? Slick back your DeFi mullet and let's find out.

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

Compound Treasury: https://compound.finance/treasury 

------ 📣 KYBER | MAKE IT RAIN WITH RAINMAKER https://bankless.cc/kyber  ------  🚀 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  -----

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 

Luke Burgis is an author, entrepreneur, and professor. In his new book Wanting, Luke discusses the mimetic (mimicking) roots of our desires and behaviors. Viewing our species from this lens yields a vast wealth of insights about the nature of society, and we discuss how the internet (and crypto) pose to dramatically shift our understanding of these things.

------ 🎙️ EXCLUSIVE EPISODE DEBRIEF : https://shows.banklesshq.com/p/exclusive-debrief-the-power-of-mimetic  🎖 CLAIM YOUR BADGE: https://newsletter.banklesshq.com/p/-guide-2-using-the-bankless-badge  ------ BANKLESS SPONSOR TOOLS:

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

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

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

------ 📣 KYBER | Learn about Liquidity Mining with Rainmaker! https://bankless.cc/kyber  ------

BANKLESS PODCAST #72: The Power of Mimetic Desire Guest: Luke Burgis

When we explore what crypto is all about, it often brings us back to the fundamental questions. What is money? What is value? What are the characteristics of a good society? In our conversation with Luke Burgis, we dive even deeper: what drives our basic desires and behaviors? Luke makes an incredibly compelling argument that the root of our wants and perceived needs derive from Mimetic Desire -- the idea that we look to others and mimic what they do.

Mimetic desire appears to emerge among all successful social species. As humans, we learn how to exist in a society by observing and processing those around us. Our parents, friends, and communities at large all collectively inform how we perceive the world around us. In this model, the individual melts away, and instead, we become interdependent nodes in a network of ideas, ideologies, actions, and behaviors. We often want things because others want them. Although rationality certainly plays a role, it takes a back seat to the more immediate and salient driving forces of mimesis.

How does this relate to crypto in particular? Well, mimesis certainly drives the patterns we find in markets: speculation and adoption are both functions of mimetic desires. This model also applies more broadly when we consider the coordinative power of the internet and blockchains. If we accept mimesis on the aggregate and individual scale, we can more fully grasp the scale and scope of these new social and economic technologies.

Hot off the release of his book 'Wanting: The Power of Mimetic Desire in Everyday Life,' Luke is fascinated by the potential of blockchains to revolutionize how we interact and function as a species and society. However, Mimetic Desire won't be going anywhere anytime soon.

------ Topics Covered:

0:00 Intro 6:50 Luke Burgis 9:05 What is Mimetic Desire? 16:25 Modeling Desire 23:35 Coping with Abundance 27:19 Collective, Shared Desires 31:30 Genes & Memes 37:25 Mimetic Desire & Memes 45:20 Subjective Scarcity & Rivalries 54:24 The Internet & Mimetic Desire 1:01:00 Bitcoin and The Role of Money 1:12:10 Wealth is What You Want 1:17:43 Markets, Bubbles, Mania 1:26:58 Rivalrous Communities 1:33:00 Mimetic Bubbles & Reflexivity 1:39:45 Algorithms Determining Outcomes 1:43:49 Legitimacy 1:48:40 What about Rationality? 1:52:22 The Take on Crypto 1:55:20 Closing & Disclaimers

------ Resources:

Luke on Twitter https://twitter.com/lukeburgis?s=20  Luke’s Newsletter https://read.lukeburgis.com/  Wanting on Amazon https://www.amazon.com/Wanting-Power-Mimetic-Desire-Everyday/dp/1250262488/ 

------ 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 

5th Week of June 2021.

------ 🚀 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/unigrants 

------ 📣 KYBER | Liquidity mine with Rainmaker https://bankless.cc/kyber  ------

Topics Covered:

0:00 Intro

2:25 MARKETS 2:35 BTC Price 3:10 ETH Price 3:32 ETH/BTC Price 4:26 ETH Outperforming BTC https://twitter.com/RyanSAdams/status/1410601434240880646?s=20  6:20 DeFi Action 8:00 Layer 2 TVL https://l2beat.com/ 

11:00 RELEASES 11:30 Compound Treasury https://twitter.com/current/status/1409600420369084420?s=20  13:35 Polygon Avail https://twitter.com/0xPolygon/status/1409520012960825349?s=20  15:00 Cream on Polygon https://www.coindesk.com/cream-finance-announces-integration-with-polygon  15:53 Perpetual Protocol V2 https://twitter.com/perpprotocol/status/1410221752526028801?s=20  16:50 Element.Fi on Mainnet https://shows.banklesshq.com/p/sotn-42-ethereum-devs-building-defi  17:55 Coinbase USDC 4% https://blog.coinbase.com/sign-up-to-earn-4-apy-on-usd-coin-with-coinbase-cdad79e5f5eb  19:53 Top Signal https://twitter.com/BanklessHQ/status/1409605228744175616?s=20  22:14 Raises Nansen a16z https://www.theblockcrypto.com/linked/109959/blockchain-data-nansen-12-million-series-a-a16z  TracerDAO https://tracer.finance/radar/tracer-dao-raise/ 

24:00 NEWS 24:10 Uniswap Education Fund https://gov.uniswap.org/t/governance-proposal-005-defi-education-fund/12963  27:25 Decentralizing Coinbase https://blog.coinbase.com/embracing-decentralization-at-coinbase-7fa0e5d1084b  30:15 Kain & Synthetix https://thedefiant.io/synthetix-founder-announces-return-to-save-the-project/  31:50 Axie Infinity https://metaversal.banklesshq.com/p/the-axie-infinity-boom  34:10 Twitter NFTs https://twitter.com/sassal0x/status/1410234844353761285?s=21  35:47 Tim Berners-Lee NFT https://www.cnn.com/style/article/tim-berners-lee-nft-auction/index.html  37:35 Jay-Z Cryptopunk https://twitter.com/DeFi_Dad/status/1408434725551759360?s=20  Sotheby’s: https://www.coindesk.com/jay-z-to-auction-reasonable-doubt-nft-at-sothebys  40:14 Bitcoin Miner Migration https://preview.redd.it/wg88833hff871.jpg?width=1024&auto=webp&s=cf8bf121e8e6be28b659f626b4e5a0f92c17352f  41:37 TeraWulf Mining Firm https://www.theblockcrypto.com/linked/110101/bitcoin-mining-firm-terawulf-orders-new-machines-cost-estimated-at-nearly-100-million  47:48 Ark Invest BTC ETF https://www.cnbc.com/2021/06/28/cathie-woods-ark-invest-files-to-create-a-bitcoin-etf.html  49:07 El Salvador Airdrop https://www.forbes.com/sites/roberthart/2021/06/25/adults-in-el-salvador-to-get-30-in-bitcoin-as-nation-unveils-details-to-make-crypto-legal-tender/amp/?__twitter_impression=true  50:54 UK on Finance https://www.wsj.com/articles/binance-crypto-exchange-ordered-to-cease-u-k-activities-11624812672  51:30 Fed & CDBC https://www.federalreserve.gov/newsevents/speech/quarles20210628a.htm  53:15 FTX, Tom Brady & Gisele https://decrypt.co/74771/tom-brady-and-gisele-bundchen-invest-in-ftx  54:40 Drive By’s ICP: https://twitter.com/jamesspediacci/status/1408532682192035840?s=21  Visa Hiring: https://www.theblockcrypto.com/post/110119/visa-makes-five-strategic-crypto-hires-and-placements  USDC Multi-Chain: https://twitter.com/CoinDesk/status/1409992722878980104?s=19 

59:00 TAKES 59:30 .com to .eth https://twitter.com/robogajesh/status/1408146369471139842?s=20  1:02:00 Unraveling Hierarchies https://twitter.com/joshuarosenthal/status/1408814378913341443?s=21  1:03:34 Coinbase will sell anything https://twitter.com/TheBlock__/status/1409676059302236162  1:05:27 Adios Uber https://twitter.com/EthereumFear/status/1409874076491993125?s=20  1:08:10 DAOs https://coopahtroopa.mirror.xyz/_EDyn4cs9tDoOxNGZLfKL7JjLo5rGkkEfRa_a-6VEWw 

1:08:50 What David’s Excited About 1:11:11 What Ryan’s Excited About

1:15:53 The Future is DAO https://twitter.com/thefutureisdao1/status/1409862176953806850?s=21  1:16:58 MEME OF THE WEEK https://i.redd.it/c6nu7bdec8771.png 

----- 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 

5th Week of June 2021.

------

Come learn and hear about what the Creator Economy is, and what it has in store for our industry!

Li Jin: @ljin18

Jesse Walden @jessewldn

Cooper Turley: @Cooopahtroopa

------ 🚀 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 

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

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

------ 📣 Ledger | Securely Exchange with Paraswap https://bankless.cc/LedgerYT2  ------ The Creator Economy Panelists: Cooper Turley, Li Jin, Jesse Walden

The Creator Economy naturally erupts with the internet. Specialization allows creatives – artists, content creators, and everything in between – to carve out increasingly specific niches and build curated cultural communities. Art in all forms has an opportunity to blossom with the coordinative capacity of modern technology, and every active participant is inherently a creator. Smartphones and social media make everyone journalists, photographers, actors, and commentators simultaneously.

With this budding paradigm, ownership of creations is paramount. The crypto industry lends itself elegantly to this need, blending creation and ownership. Web 2 has witnessed an explosion of distributed content, but centralized platforms determine the nature of how it plays out. Crypto offers a natural evolution to the creator economy, enriching the relationship between creator and community.

This conversation takes a wide lens to the intersection of culture and the crypto industry. From MySpace to Instagram to Patreon, the ebbs & flows of internet culture and economy moves at a blistering pace. Our experienced panelists break these things down and discuss where we're going.

------ Resources:

Li on Twitter: https://twitter.com/ljin18?s=20 

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

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

------ Topics Covered:

0:00 Intro 4:30 Cooper, Li, and Jesse 7:30 What is the Creator Economy? 14:32 Evolving Creator and Community 21:31 Creator First vs. Platforms 28:35 The Internet Dream 36:16 Evolving Platforms 43:00 Sovereign Creation 47:19 DAOs and the Creator Economy 55:30 Creator Economy Platforms 59:27 Get Involved 1:02:08 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 

Come learn and hear about what the Creator Economy is, and what it has in store for our industry!

Li Jin:
@ljin18

Jesse Walden
@jessewldn

Cooper Turley:
@Cooopahtroopa

------