Bankless

🚀 SUBSCRIBE TO NEWSLETTER: http://bankless.substack.com/​ ✊ STARTING GUIDE BANKLESS: https://bit.ly/37Q17uI​  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/​  👕 BUY BANKLESS TEE: https://merch.banklesshq.com/​  ----- 💪BECOME A BANKLESS PREMIUM MEMBER: http://bankless.cc/membership​  ------ GO BANKLESS WITH THESE SPONSOR TOOLS:

⭐️ AAVE - BORROW OR LEND YOUR ASSETS https://bankless.cc/aave​ 

🚀 GEMINI - MOST TRUSTED EXCHANGE AND ONRAMP https://bankless.cc/go-gemini​ 

💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith​ 

📈 KWENTA - DERIVATIVES TRADING WITH INFINITE LIQUIDITY https://bankless.cc/kwenta​  ------ 📣REGISTER FOR COINDESK CONSENSUS 2021 AND SAVE $20 W/ BANKLESS http://bankless.cc/consensus2021​  ------

SotN #33: Joseph Lubin on CME ETH Futures (Future of ETH, 2021 Bull Run, Consensys)

We bring Joseph Lubin, co-founder of Ethereum and founder of Consensys, to the Bankless State of the Nation. We do a deep dive into the story of Ethereum, the joint futures of ETH and Consensys, and the current crypto Bull Market.

Topics Covered: -The Story of ETH -CME Futures -ETH's roadmap with Proof-of-Stake and EIP1559 -2021 Bull Run -Future of Consensys

------ Relevant Links:

Joseph on Twitter https://twitter.com/ethereumJoseph?s=20​ 

Consensys https://consensys.net/​ 

------ Don't stop at the video!

Subscribe to the Bankless newsletter program http://bankless.substack.com/​ 

Visit the official Bankless website http://banklesshq.com/​ 

Follow Bankless on Twitter https://twitter.com/BanklessHQ​ 

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Follow David on Twitter https://twitter.com/TrustlessState​ 

----- 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 we may add links in this channel to products we use. We may receive commission if you make a purchase through one of these links. We'll always disclose when this is the case.

🚀 SUBSCRIBE TO NEWSLETTER: http://bankless.substack.com/​ ✊ STARTING GUIDE BANKLESS: https://bit.ly/37Q17uI​ 🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/​ 👕 BUY BANKLESS TEE: https://merch.banklesshq.com/​

----- 💪BECOME A BANKLESS PREMIUM MEMBER: http://bankless.cc/membership​ ----- GO BANKLESS WITH THESE SPONSOR TOOLS:

⭐️ AAVE - BORROW OR LEND YOUR ASSETS https://bankless.cc/aave​

🚀 GEMINI - MOST TRUSTED EXCHANGE AND ONRAMP https://bankless.cc/go-gemini​ 

💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith​ 

📈 KWENTA - DERIVATIVES TRADING WITH INFINITE LIQUIDITY https://bankless.cc/kwenta​ 

------ 51 - 2020 Reflections on Crypto and Beyond

Guest: Vitalik Buterin

We bring on Vitalik to digest the third of his recent posts on his website:

Endnotes on 2020: Crypto and Beyond https://vitalik.ca/general/2020/12/28/endnotes.html 

Vitalik wrote this post from Singapore, noting that 2020 was an extremely interesting year in which we faced “humanity’s first boss-level enemy since 1945.” However, it was also a year that brought much hope in areas like transportation, medicine, AI, and blockchains.

We have observed a transition in the Political economy from physical to digital – 2020 served as a high-octane accelerant for these changes. A key piece of this change is shifting emphasis from physical private goods to digital public goods. This transition requires creative solutions to the challenges of effective governance.

The phrase “digital nationalism” refers humanity’s recent tendency to polarize and how this extends to the internet. Both Bitcoin and Ethereum have undergone great schisms, resulting in hard forks like BCH and ETC. These phenomena in the rising political economy will likely continue.

Vitalik walks through the tricky relationship between our financial and non-monetary social motivations. Culture and narrative can be incredibly powerful tools for innovation, but altruistic people are not the only ones with access to these things.

Vitalik concludes with thoughts on the Big X - Big Government, Big Business, Big Tech, etc. This multidisciplinary “dense jungle” is populated by a variety of powerful groups with dynamic interrelationships, and blockchains & cryptocurrencies are set up to play a vital role.

------ Vitalik's Blog: https://vitalik.ca/ 

Vitalik on Twitter: https://twitter.com/VitalikButerin 

------ Don't stop at the video!

Subscribe to the Bankless newsletter program http://bankless.substack.com/​ 

Visit the official Bankless website http://banklesshq.com/​ 

Follow Bankless on Twitter https://twitter.com/BanklessHQ​ 

Follow Ryan on Twitter https://twitter.com/ryansadams​ 

Follow David on Twitter https://twitter.com/TrustlessState​ 

----- 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 we may add links in this channel to products we use. We may receive commission if you make a purchase through one of these links. We'll always disclose when this is the case.

🚀 SUBSCRIBE TO NEWSLETTER: http://bankless.substack.com/​​ ✊ STARTING GUIDE BANKLESS: https://bit.ly/37Q17uI​​ 🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/​​ 👕 BUY BANKLESS TEE: https://merch.banklesshq.com/​​ ----- 💪BECOME A BANKLESS PREMIUM MEMBER: http://bankless.cc/membership​​ ----- GO BANKLESS WITH THESE SPONSOR TOOLS:

⭐️ AAVE - BORROW OR LEND YOUR ASSETS https://bankless.cc/aave​​

🚀 GEMINI - MOST TRUSTED EXCHANGE AND ONRAMP https://bankless.cc/go-gemini​​

💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith​​

📈 KWENTA - DERIVATIVES TRADING WITH INFINITE LIQUIDITY https://bankless.cc/kwenta​

------ MARKET

BTC 37k

ETH Touched 1.7K! (1 week after GameStop fiasco!) Extremely Volatile in the 1.6k range

ETH/BTC Ratio https://twitter.com/cburniske/status/1357179675986960384?s=20

TVL in DeFi: $33B $DPI: $408 DPI/ETH 1-Day Chart! https://www.tradingview.com/symbols/DPIWETH/?exchange=UNISWAP

AAVE from $300 to $520 in 2 days https://www.coingecko.com/en/coins/aave

Settlement Value https://money-movers.info/

Layer 2 Is Here https://twitter.com/L2Wars/status/1356268228847267842?s=20

Alpha Finance originating more loans that Aave https://twitter.com/jpurd17/status/1357353513773199360?s=21

Nexus Mutual All-Time Highs https://twitter.com/mhonkasalo/status/1354702636130381825?s=20

------ RELEASES

HashMasks! https://twitter.com/TheHashmasks

NFTX enabling liquidity providing for HashMasks https://blog.nftx.org/how-to-become-a-hashmasks-liquidity-provider/

Balancer V2 Is Coming https://twitter.com/BalancerLabs/status/1356638858465656832?s=20

Parsec Launch & Building for the Next 10 Years of DeFi https://sheehan-95.medium.com/parsec-launch-building-for-the-next-10-years-of-defi-b3c82a47d225

Arbitrum Demo! https://portal.arbitrum.io/ https://twitter.com/arbitrum/status/1354937176769892366

Goldfinch Introducing “Crypto Loans Without Collateral” https://medium.com/goldfinch-fi/introducing-goldfinch-crypto-loans-without-collateral-fc0cad9d13e

Grayscale releases ‘Valuing Ethereum’ paper https://twitter.com/sonnenshein/status/1357354359948984323?s=21

------ NEWS

Grayscale releases ‘Valuing Ethereum’ paper https://twitter.com/sonnenshein/status/1357354359948984323?s=21

UNI & Aave Now in the Bitwise 10 https://twitter.com/BitwiseInvest/status/1355281829549334528?s=20

5 Potential New Greyscale Trusts? https://www.coindesk.com/grayscale-may-have-laid-groundwork-for-5-more-potential-crypto-trusts

Aave in Greyscale https://twitter.com/mrjasonchoi/status/1354759848529862659?s=20 https://twitter.com/jacobshiach/status/1354966787335409665?s=20

Visa’s Q1 Earning’s Call (Stablecoins, Payment Networks) https://www.theblockcrypto.com/linked/93045/visa-earnings-call-crypto-strategy

Michael Saylor BTC Webinar indicates massive interest https://www.bloomberg.com/news/articles/2021-02-03/bitcoin-proselytizer-saylor-says-over-1-000-firms-join-webinar

India to Ban Bitcoin? https://www.cnbc.com/2021/01/30/the-indian-government-may-ban-cryptocurrencies-like-bitcoin.html

Logan Paul issues NFTs with Bondly https://www.bondly.finance/

Big Names Into Crypto: Ray Dalio on Bitcoin: https://www.bridgewater.com/research-and-insights/ray-dalio-what-i-think-of-bitcoin

Mark Cuban Likes ETH: https://twitter.com/iamDCinvestor/status/1354780502599860226?s=20

------ TAKES

DeFi tokens wealth: NFT Status https://twitter.com/juliankoh/status/1356814988837588992

ETH’s Future is with ETH Holders https://twitter.com/wongisrite/status/1356725612992335873?s=20

It’s okay to not own BTC Pt 1: https://twitter.com/TrustlessState/status/1356988079714668548?s=20

GME drama a 20B ad for Bitcoin https://www.cryptovantage.com/news/the-gamestop-stock-craze-is-basically-a-20-billion-ad-for-bitcoin/

Decentralized Robinhood Already Exists https://twitter.com/zerion_io/status/1354889096502513665?s=20

------ MEME

https://twitter.com/TrustlessState/status/1357161023648657409?s=20

------ Don't stop at the video!

Subscribe to the Bankless newsletter program http://bankless.substack.com/

Visit the official Bankless website http://banklesshq.com/

Follow Bankless on Twitter https://twitter.com/BanklessHQ

Follow Ryan on Twitter https://twitter.com/ryansadams

Follow David on Twitter https://twitter.com/TrustlessState

----- 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 we may add links in this channel to products we use. We may receive commission if you make a purchase through one of these links. We'll always disclose when this is the case.

🚀 SUBSCRIBE TO NEWSLETTER: http://bankless.substack.com/​ ✊ STARTING GUIDE BANKLESS: https://bit.ly/37Q17uI​ 🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/​ 👕 BUY BANKLESS TEE: https://merch.banklesshq.com/​ ----- 💪BECOME A BANKLESS PREMIUM MEMBER: http://bankless.cc/membership​ ----- GO BANKLESS WITH THESE SPONSOR TOOLS:

⭐️ AAVE - BORROW OR LEND YOUR ASSETS https://bankless.cc/aave​

🚀 GEMINI - MOST TRUSTED EXCHANGE AND ONRAMP https://bankless.cc/go-gemini​

💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith​

📈 KWENTA - DERIVATIVES TRADING WITH INFINITE LIQUIDITY https://bankless.cc/kwenta​

------ SotN32: Does DeFi Fix This? Cameron & Tyler Winklevoss ($GME Gamestop Short-Squeeze, Robinhood, Melvin Capital)

We bring Tyler & Cameron Winklevoss, founders of the Gemini Exchange and crypto-visionaries, to the Bankless State of the Nation. We do a deep dive into the market craze of the Gamestop ($GME) Short-Squeeze, r/Wallstreetbets, and what it means for the DeFi space.

Topics Covered: -r/WallStreetBets -Robinhood Retail vs. Institutional Elite -Media & The Establishment -Is Traditional Finance Broken? -DeFi's Big Moment -Gemini Updates

Cameron & Tyler Winklevoss had a heated appearance on CNBC last week to discuss the events of the Gamestop Short-Squeeze in the context of populism, the inequity of the current financial establishment, and cryptocurrency.

Their argument centers on the relationship between censorship and centralization –problems that don't exist in the crypto landscape. The $GME craze has been the epicenter of a growing protest against the institutional elite – this protest inherently calls for decentralization and distributed power. DeFi fixes this.

Brokerages like Robinhood having the power to limit trading based on a phone call is a war cry to adopt permissionless transacting. Cameron describes how this is an example of the people becoming disillusioned to the monopoly of modern money. The media establishment has vastly underestimated and vilified these "internet amateurs."

The Winklevi discuss how a money-making opportunity turned into a movement demanding institutional change, flaming the fires of broken trust after events like the '08 collapse. Public forums like Twitter and Reddit have become powerful tools to organize the masses, and the sentiments seen here reflect cryptocurrency's value propositions. The big question remaining is how these events and arguments can serve as a rallying point for DeFi adoption. Cameron & Tyler are optimistic about DeFi's solutions to increasingly relevant and urgent problems in our current system.

------ Relevant Links:

Tyler Winklevoss on Twitter https://twitter.com/tyler​

Cameron Winklevoss on Twitter https://twitter.com/cameron​

Gemini Exchange https://bankless.cc/go-gemini​

------ Don't stop at the video!

Subscribe to the Bankless newsletter program http://bankless.substack.com/​

Visit the official Bankless website http://banklesshq.com/​

Follow Bankless on Twitter https://twitter.com/BanklessHQ​

Follow Ryan on Twitter https://twitter.com/ryansadams​

Follow David on Twitter https://twitter.com/TrustlessState​

----- 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 we may add links in this channel to products we use. We may receive commission if you make a purchase through one of these links. We'll always disclose when this is the case.

🚀 SUBSCRIBE TO NEWSLETTER: http://bankless.substack.com/  ✊ STARTING GUIDE BANKLESS: https://bit.ly/37Q17uI 🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/ 👕 BUY BANKLESS TEE: https://merch.banklesshq.com/ ----- 💪BECOME A BANKLESS PREMIUM MEMBER: http://bankless.cc/membership ------ 📺AFTER THE SHOW DEBRIEF: https://shows.banklesshq.com/-exclusive-jeremy-allaire-debrief ----- GO BANKLESS WITH THESE SPONSOR TOOLS:

⭐️ AAVE - BORROW OR LEND YOUR ASSETS https://bankless.cc/aave 🚀 GEMINI - MOST TRUSTED EXCHANGE AND ONRAMP https://bankless.cc/go-gemini 💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith 📈 KWENTA - DEVIRATIVES TRADING WITH INFINITE LIQUIDITY https://bankless.cc/kwenta

------ 50 - Crypto-Dollars, Regulation, and DeFi

Guest: Jeremy Allaire

Jeremy Allaire is a serial entrepreneur and the Co-founder and CEO of Circle, the firm behind USDC. He advocates for the U.S. crypto industry in Washington, paving the way for current and future regulation of cryptoassets.

USDC and other stablecoins saw a massive influx throughout 2020 into Ethereum and DeFi as demand skyrocketed, providing a glimpse of possible long-term impacts on the future of money. Jeremy argues for a full-reserve money system based on Austrian Economics, moving away from the money creation inherent to today's fractional-reserve systems.

Jeremy details the synergy between fiat stablecoins and non-sovereign, store-of-value, commodity assets. He envisions a future of synthetic digital currencies balanced by a basket of non-sovereign assets. This is a vital time for instituting effective regulatory measures for cryptoassets and protocols, and as a front-line advocate, Jeremy stresses the importance of the crypto industry itself taking the initiative to front-run regulatory issues via creative innovation.

Jeremy self-describes as "cautiously optimistic" about establishing meaningful dialogue with regulators like Gary Gensler, Janet Yellen, and FinCen, focusing on specific issues like criminal abuse, self-sovereign identity, and consumer protection.

Jeremy concludes with broad market predictions and analysis of DeFi as a massively underrated space, with the long-term goal of DeFi interacting broadly with real-world identities.

This was an extremely interesting conversation that shed some much-needed light on stablecoins in a regulatory context, and Jeremy remains a key component throughout this development.

------ Resources: Jeremy Allaire on Twitter https://twitter.com/jerallaire Circle https://www.circle.com/ USDC https://www.circle.com/en/usdc Centre Consortium https://www.centre.io/

------ Don't stop at the video! Subscribe to the Bankless newsletter program http://bankless.substack.com/ Visit the official Bankless website http://banklesshq.com/ Follow Bankless on Twitter https://twitter.com/BanklessHQ Follow Ryan on Twitter https://twitter.com/ryansadams Follow David on Twitter https://twitter.com/TrustlessState

----- 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 we may add links in this channel to products we use. We may receive commission if you make a purchase through one of these links. We'll always disclose when this is the case.