Bankless

In this episode, we speak with Smokey the Bera, co-founder of Berachain, about the project’s newly launched mainnet and its innovative Proof of Liquidity model. The discussion unpacks Berachain’s unique three-way relationship between its app layer, validators, and a nontransferable governance token that reimagines traditional proof of stake systems. Smokey explores both the potential benefits and the challenges of this economic experiment as it seeks to reshape blockchain economics. We also spotlight our sponsor Morpho, whose cutting-edge integration of DeFi with traditional finance is driving new opportunities in the market.

------ 📣 MORPHO | GO-TO LENDING INFRASTRUCTURE https://bankless.cc/Morpho

------ BANKLESS SPONSOR TOOLS:

🪙FRAX | SELF SUFFICIENT DeFi https://bankless.cc/Frax

🦄UNISWAP | SWAP ON UNICHAIN https://bankless.cc/unichain

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🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle

🌐CELO | BUILD TOGETHER AND PROSPER https://bankless.cc/Celo

🎮RONIN | THE FUTURE OF WEB3 GAMING https://bankless.cc/Ronin

------ TIMESTAMPS 00:00 Start 05:10 How Did Bera Come To Be? 09:43 Starting With Community 12:09 The Memetic Roadmap 14:43 Proof Of Liquidity 20:41 The Triangle Based Loop 33:26 Liquidity Provisioning 35:21 Discovering Equilibrium 38:28 How To Grow Market Share 43:53 Bera and Monad 47:13 Addressing Criticism 53:51 2025 Roadmap

------ RESOURCES

Smokey - https://x.com/smokeythebera

------ Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures⁠

Hayden Adams, creator of Uniswap, introduces UniChain, a new Layer 2 solution designed to enhance DeFi scalability and efficiency. 

We explore UniChain’s innovations, including its decentralized sequencing mechanism, one-second block times, and seamless interoperability with Ethereum and the Optimism Superchain. Adams also discusses Uniswap v4’s impact on gas efficiency and how UniChain aims to reduce MEV extraction, benefiting users and liquidity providers. 

A must-listen for anyone interested in the future of DeFi scalability and cross-chain integration!

------ 📣 MORPHO | GO-TO LENDING INFRASTRUCTURE https://bankless.cc/Morpho  

------   BANKLESS SPONSOR TOOLS:

🪙 FRAX | SELF SUFFICIENT DeFi https://bankless.cc/Frax  

🦄UNISWAP | SWAP ON UNICHAIN https://bankless.cc/unichain  

🌐 CELO | BUILD TOGETHER AND PROSPER https://bankless.cc/Celo 

🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle  

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

🏦ONDO | INSTITUTIONAL GRADE FINANCE https://bankless.cc/Ondo  

------ ✨ Mint the episode on Zora ✨ https://zora.co/collect/base:0x4be6cd4d402fed49eb2de95fbc8e737e8ffd3e7f/31 

------ TIMESTAMPS

0:00 Intro 5:38 Unichain’s Significance 11:43 Uniswap V4 & Unichain 18:56 Unichain's Interoperability 25:46 How Interoperability Works 31:21 Tech Behind Interop 46:33 Mempools, MEVs & Unichain 49:16 When Will Blocks Hit 250ms? 50:25 Unichain's Validation & Fees 56:02 Unichain Rollout 58:51 Unichain Developer Ecosystem 1:05:53 Hooks & Uniswap V4 1:12:29 Closing & Disclaimers

------ RESOURCES

Hayden Adams https://x.com/haydenzadams 

Unichain https://unichain.org/ 

------ Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures⁠ 

The 2024 U.S. election has reshaped the macro landscape, and few understand its implications better than Lyn Alden. 

She joins Bankless to discuss the impact of Trump’s policies on the dollar, Bitcoin, and global markets. From fiscal dominance and trade wars to the possibility of a new Plaza Accord and the role of Bitcoin in sovereign reserves, this episode covers the key macro trends that will shape 2025 and beyond. 

Will Trump’s economic agenda lead to a weaker dollar and lower interest rates? What does it mean for Bitcoin and risk assets? Tune in to find out.

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------ BANKLESS SPONSOR TOOLS:

🪙 FRAX | SELF SUFFICIENT DeFi https://bankless.cc/Frax 

🦄UNISWAP | BUG BOUNTY PROGRAM https://bankless.cc/Uniswap-Bug-Bounty 

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

🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle 

🌐 CELO | BUILD TOGETHER AND PROSPER https://bankless.cc/Celo 

🏦ONDO | INSTITUTIONAL GRADE FINANCE https://bankless.cc/Ondo  

------ ✨ Mint the episode on Zora ✨ https://zora.co/collect/base:0x4be6cd4d402fed49eb2de95fbc8e737e8ffd3e7f/30?referrer=0x077Fe9e96Aa9b20Bd36F1C6290f54F8717C5674E 

------ TIMESTAMPS

0:00 Intro 4:03 Trump’s Policies 15:52 Dollar Strength 24:11 Plaza Accord 2.0 29:59 Inflation 33:25 Tariffs 37:50 Interest Rates 47:32 Monetary Policy 56:06 Impact on Stocks & Crypto 59:33 Bitcoin as a Reserve Asset 1:06:32 Energy Policy 1:07:58 Closing Thoughts

------ RESOURCES

Lyn Alden https://x.com/LynAldenContact  

Lyn Alden Newsletter https://www.lynalden.com/  

------ Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures⁠ 

This week on Bankless Weekly Rollup, we explore major crypto updates from Berachain’s mainnet launch and the rollout of its BERA token, to Uniswap V4’s new features and hooks that are shaking up decentralized trading. The episode delves into market dynamics including SEC moves led by Hester Peirce, Microstrategy’s rebranding, and the impact of US tariff actions on global trade. We also unpack Ethereum’s scaling upgrades and discuss the innovative strategies behind emerging DeFi protocols. Tune in for an in-depth look at the evolving crypto landscape and the key developments driving the space.

Thanks to Mike Ippolito for joining us: https://x.com/MikeIppolito 

------ 📣 MORPHO | GO-TO LENDING INFRASTRUCTURE https://bankless.cc/Morpho

------ BANKLESS SPONSOR TOOLS:

🪙FRAX | SELF SUFFICIENT DeFi https://bankless.cc/Frax 

🦄UNISWAP | BUG BOUNTY PROGRAM https://bankless.cc/Uniswap-Bug-Bounty 

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

🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle 

🌐CELO | BUILD TOGETHER AND PROSPER https://bankless.cc/Celo 

🎮RONIN | THE FUTURE OF WEB3 GAMING https://bankless.cc/Ronin

----- ✨ Mint the episode on Zora ✨ https://zora.co/collect/base:0x4be6cd4d402fed49eb2de95fbc8e737e8ffd3e7f/29?referrer=0x077Fe9e96Aa9b20Bd36F1C6290f54F8717C5674E 

------ TIMESTAMPS & RESOURCES  00:00:00 Start

00:03:57 Why We Dumped, Again https://www.whitehouse.gov/fact-sheets/2025/02/fact-sheet-president-donald-j-trump-imposes-tariffs-on-imports-from-canada-mexico-and-china/ https://x.com/benbybit/status/1886393172152156604  https://x.com/KobeissiLetter/status/1886373316249649437 

00:15:33 L2 Updates https://x.com/ak47ink/status/1882228296626458970  https://blog.kraken.com/product/staking/new-us-staking 

00:18:06 Microstrategy Rebrands to ‘Strategy’ https://www.bankless.com/read/microstrategy-rebrands-to-strategy  https://x.com/saylor/status/1887229546199462309 

00:19:28 The $20 Billion Dollar Bid https://x.com/MikeIppolito_/status/1887274787677913457  https://www.tradingview.com/chart/V7YvdegA/?symbol=NASDAQ%3AMSTR  https://x.com/SemlerEric/status/1886764609924948349 

00:26:31 US Lawmakers Plan For Digital Assets https://x.com/BanklessHQ/status/1886876049113588156 

00:28:06 New Stablecoin Bill https://x.com/SenLummis/status/1886887005113790866 

00:35:07 SEC Creates Crypto Task Force https://www.sec.gov/newsroom/speeches-statements/peirce-journey-begins-020425  https://x.com/HesterPeirce/status/1886864054477815861  https://x.com/AlexanderGrieve/status/1886869439293067404  https://x.com/EricBalchunas/status/1886910308762980788  https://www.sec.gov/newsroom/press-releases/2025-36  https://x.com/NateGeraci/status/1886870066924245297 

00:42:42 Uniswap V4 Is Live! https://x.com/Uniswap/status/1885329579495080248?t=Twla8zs17AxKhHl4DKSkQA&s=19  https://x.com/TrustlessState/status/1885349829091459354  https://x.com/angstromxyz/status/1885011791761068427 https://x.com/flaunchgg/status/1878879274566107323  https://x.com/whetstonedotcc 

00:49:41 Berachain Token Launch https://x.com/berachain/status/1887178672995537236  https://www.coingecko.com/en/coins/berachain 

00:57:51 ETH To Increase Gas Limit https://x.com/data_always/status/1886573645687935463?s=46  https://x.com/VitalikButerin/status/1886579901039337759 

01:01:38 Loss Of Ultra Sound https://ultrasound.money/  https://x.com/drakefjustin/status/1887108667675124174 

01:08:02 Thanks To Mike

------ Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures⁠ 

David and Ejaaz dissect the latest in AI crypto markets after a ruthless 70% drop, weighing whether it’s just a temporary setback or a major reset. Arc and Fartcoin show surprise rebounds, Virtuals unveils a $2M “fiscal policy” to fund agent innovation, and Coinbase’s AI hackathon spotlights a future swarming with yield-bots and marketing agents. Meanwhile, Freya’s vision of sovereign on-chain AI may mark the next frontier. If you’re tracking the evolution of agents, markets, and where crypto’s AI boom goes next, this episode is a must-listen (as always, anon). ------ 📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24  https://bankless.cc/spotifya-premium ------ BANKLESS SPONSOR TOOLS:

🪙FRAX | SELF SUFFICIENT DeFi https://bankless.cc/Frax 

🦄UNISWAP | BUG BOUNTY PROGRAM https://bankless.cc/Uniswap-Bug-Bounty 

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

🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle 

🌐CELO | BUILD TOGETHER AND PROSPER https://bankless.cc/Celo 

🏦ONDO | INSTITUTIONAL GRADE FINANCE https://bankless.cc/Ondo  

------ ✨ Mint the episode on Zora ✨ https://zora.co/collect/base:0x4be6cd4d402fed49eb2de95fbc8e737e8ffd3e7f/28 

------ TIMESTAMPS & RESOURCES

0:00 Intro

0:41 AI Crypto Mindshare https://www.cookie.fun   https://x.com/S4mmyEth/status/1886429346488791099  https://x.com/DV_Memetics/status/1886452402154316257   https://x.com/0xnairolf/status/1886756102928269748 

15:13 Fair-Launch Tokens Good or Bad? https://x.com/shawmakesmagic/status/1886829695343161494 

25:30 Virtuals Nation Fiscal Policy   https://x.com/virtuals_io/status/1884938359573000665  https://x.com/vaderresearch/status/1885311150277222641 

35:10 Coinbase Hackathon https://x.com/CoinbaseDev/status/1886468701689631006  

42:54 OpenAI’s Deep Research Agent  https://x.com/sama/status/1886220046864671067  https://x.com/Felipe_Millon/status/1886205433469178191  

50:52 Freysa https://x.com/chappieonchain/status/1886427494632276127  https://youtu.be/E4yRpY0o0Xs?si=vVd200CKk1GPFVqM&t=2900     59:32 EigenLayer Verifiable Agents  https://x.com/eigenlayer/status/1886880694019788973  

1:04:18 Voice-Enabled Agents Next Meta? https://x.com/cryptopunk7213/status/1885692491095036019  https://x.com/soulgra_ph/status/1884748450534993924  https://x.com/bcsmithx/status/1884751516399206455  https://x.com/agenttanklive/status/1885032386121138325  https://x.com/limitusintel/status/1886466941268975811 

1:11:22 Reflection of 10 Weeks of AI Rollup 

1:12:37 Closing & Disclaimers 

------ Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures ⁠ 

Donald Trump’s newly announced 25% tariffs on Canada and Mexico (and 10% on China) have rattled global markets and sparked fresh uncertainty around the U.S. dollar. According to Bitwise’s Jeff Park—whose article “Tariffs, Triffin, and Trump: How the End Game Sends Bitcoin Vertical” has gone viral—this policy shift is fueling one of the biggest crypto-macro convergences since COVID. In this episode, we explore how these cascading forces could radically suppress Treasury yields, devalue the dollar, and propel Bitcoin into unprecedented territory. ------ 📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24  https://bankless.cc/spotifya-premium ------ BANKLESS SPONSOR TOOLS:

🪙FRAX | SELF SUFFICIENT DeFi https://bankless.cc/Frax 

🦄UNISWAP | BUG BOUNTY PROGRAM https://bankless.cc/Uniswap-Bug-Bounty 

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

🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle 

🌐CELO | BUILD TOGETHER AND PROSPER https://bankless.cc/Celo 

🏦ONDO | INSTITUTIONAL GRADE FINANCE https://bankless.cc/Ondo  

------ ✨ Mint the episode on Zora ✨ https://zora.co/collect/base:0x4be6cd4d402fed49eb2de95fbc8e737e8ffd3e7f/27 ------ TIMESTAMPS

0:00 Intro 2:40 Trump Tariffs & Bitcoin Connection  4:09 Fiscal Deficit Benefits  7:28 Plaza Accord 1.0 & 2.0 14:12 Tariffs Now vs. 8 Years Ago 16:55 What Happens Next? 19:36 Lowering 10-Year Rate 22:10 Fiscal Dominance Policy Control  23:28 The Triffin Dilemma 29:01 Bitcoin’s Impact  32:16 Trump Advocation of Bitcoin  35:10 Crypto & Real Estate  37:06 Eric Trump’s ETH Tweet 39:22 10-Year Yield Rate Lowering Invetitabilty  42:07 Bitcoin & Other Crypto Risk Assets  47:17 Bitwise’s Dogecoin ETF  50:05 Closing & Disclaimers 

------ RESOURCES

Jeff Park https://x.com/dgt10011 

Jeff Park’s Thread https://x.com/dgt10011/status/1886125163642552606  

------ Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures ⁠ 

In this episode of Bankless, Luca Netz, CEO of Pudgy Penguins, explores how meme coins are evolving beyond speculation. We discuss Pengu’s launch on Solana, Pudgy Penguins’ expansion into retail and gaming, and how GIFs with 300M+ daily views are driving mass adoption. Luca also shares why meme coins can be real brands and what’s next for Pudgy’s growing ecosystem.

------ 📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24  https://bankless.cc/spotify-premium 

------ BANKLESS SPONSOR TOOLS:

🪙 FRAX | SELF SUFFICIENT DeFi https://bankless.cc/Frax 

🦄UNISWAP | BUG BOUNTY PROGRAM https://bankless.cc/Uniswap-Bug-Bounty 

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

🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle 

🌐 CELO | BUILD TOGETHER AND PROSPER https://bankless.cc/Celo 

🏦ONDO | INSTITUTIONAL GRADE FINANCE https://bankless.cc/Ondo  

------ ✨ Mint the episode on Zora ✨ https://zora.co/collect/base:0x4be6cd4d402fed49eb2de95fbc8e737e8ffd3e7f/24?referrer=0x077Fe9e96Aa9b20Bd36F1C6290f54F8717C5674E 

------ TIMESTAMPS

00:00:00 Intro 00:03:53 Opinion on Pengu token and its competitor 00:08:03 Reformatting the idea of a memecoin 00:12:32 Pudgy Penguins aren't just memes 00:16:09 Solana competitor vs Pengu 00:20:03 Impact of 30 Billion views on the GIFs on the brand 00:22:56 How does the GIFs system work? 00:25:27 GIFs working principle 00:27:13 Big brands doing SEO on GIFs 00:28:38 Non-crypto people using Pudgy GIFs 00:31:59 Physical Products of Pudgy Penguins 00:36:50 Other components of expanding the brand 00:38:56 How big is the conglomerate? 00:39:26 Choosing Solana L1 over L2 00:45:27 Where does Base stand in the algorithm? 00:51:26 Some thoughts on Ethereum's current state 00:55:32 Abstract Chains 01:02:58 Pudgy Penguins' relation with Abstract Chains 01:04:18 Closing & Disclaimers

------ RESOURCES

Luca Netz https://x.com/LucaNetz 

Pudgy Penguins https://pudgypenguins.com/  

------ Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures⁠  

Joining us this week is Haseeb Qureshi who is here to help walk us through this week’s Weekly Rollup. We cover the major shift in the U.S. government’s stance on crypto, as Trump signs an executive order that establishes a national digital asset stockpile working group and bans CBDCs. The SEC also revokes SAB121, clearing the way for banks to custody crypto. Meanwhile, Venice AI’s token launch made waves, and Abstract Chain went live with a focus on creators and streamers. In markets, Nvidia’s $600B plunge rattled investors, and the Czech National Bank considers adding Bitcoin to its reserves. Plus, Gary Gensler lands a new job—back at MIT.

------ 💸 CRYPTO TAX CALCULATOR | CODE: BANKLESS15 https://bankless.cc/CryptoTaxCalculator

------ BANKLESS SPONSOR TOOLS:

🪙FRAX | SELF SUFFICIENT DeFi https://bankless.cc/Frax 

🦄UNISWAP | BUG BOUNTY PROGRAM https://bankless.cc/Uniswap-Bug-Bounty 

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

🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle 

🌐CELO | BUILD TOGETHER AND PROSPER https://bankless.cc/Celo 

🎮RONIN | THE FUTURE OF WEB3 GAMING https://bankless.cc/Ronin

----- ✨ Mint the episode on Zora ✨ https://zora.co/collect/base:0x4be6cd4d402fed49eb2de95fbc8e737e8ffd3e7f/26?referrer=0x077Fe9e96Aa9b20Bd36F1C6290f54F8717C5674E 

------ TIMESTAMPS & RESOURCES 00:00:00 Start

00:02:10 NVDA and Deepseek Selloff https://www.cnbc.com/2025/01/27/nvidia-sheds-almost-600-billion-in-market-cap-biggest-drop-ever.html 

00:08:26 Why It Sold Off https://x.com/DavidSacks/status/1883935713877782884 

00:10:56 Markets 00:12:28 Why is The Vibe So Off? https://x.com/intocryptoverse/status/1884408180014186958?s=46 

00:16:53 Bitwise Files For Doge ETF https://x.com/EricBalchunas/status/1884349554256142735 

00:21:01 Powell On Cutting Rates https://www.cnbc.com/2025/01/29/fed-meeting-live-updates-traders-await-fed-chair-powells-comments.html  https://x.com/WatcherGuru/status/1884699251860553789 

00:24:30 US Strategic Crypto Reserve? https://www.whitehouse.gov/presidential-actions/2025/01/strengthening-american-leadership-in-digital-financial-technology/  https://x.com/Geiger_Capital/status/1882534611693211932 

00:29:21 Czech And Norway Invest In BTC  https://x.com/DavidFBailey/status/1884491705841508708  https://x.com/BitcoinMagazine/status/1884901420677386243 

00:33:28 SAB121 Repeal https://x.com/hesterpeirce/status/1882562977985114185?s=46  https://x.com/saylor/status/1882565582870270241?s=46 

00:37:02 New Treasury Secretary https://x.com/USTreasury/status/1884377788263633262 

00:38:48 Gary Returns To MIT https://mitsloan.mit.edu/press/former-sec-chair-gary-gensler-named-professor-practice-mit-sloan-school-management 

00:44:01 Venice AI Token Launch https://x.com/AskVenice/status/1883925135825990091  https://x.com/ErikVoorhees/status/1883992467151663415  https://x.com/CoinbaseAssets/status/1884041161708356000  https://x.com/TrustlessState/status/1884320943008538781 

00:49:08 Abstract Chain Mainnet Launch https://x.com/AbstractChain/status/1883939915169423777  https://x.com/pudgypenguins/status/1884708668366545143 

00:50:33 Symbiotic https://x.com/symbioticfi/status/1884266642416492713 

00:52:48 TRUMP Token, Good And Bad https://x.com/hosseeb/status/1883466906080088478?s=46  https://x.com/Jesseeckel/status/1884615422521020626 

00:58:02 TRUMP Is A Celeb Coin https://www.bloomberg.com/news/articles/2025-01-28/trump-s-memecoin-can-now-be-used-to-buy-watches-and-sneakers 

01:03:45 Haseeb’s Podcast And Parting Advice   ------ Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures⁠ 

Ejaaz and David reunite to unpack the DeepSeek shockwave: how a mere $6M open-source AI model rattled OpenAI’s dominance, nudged Nvidia’s stock, and sparked a fresh “arms race” in crypto AI. Meanwhile, Trump’s massive AI funding pledge and Solana’s record DEX volumes signal that the space might be heading for its biggest bull run yet.

On the builder side, ARC’s rust-based agents partner with the Solana Foundation, AI16Z launches a $10M fund, and Virtuals teases multi-chain expansions that could redefine how agent tokens earn revenue. Between China’s fast breakthroughs and America’s big AI bets, the race to integrate AI and crypto has never been hotter. Buckle up, anon.

------ 💸 CRYPTO TAX CALCULATOR | BANKLESS15 https://bankless.cc/CryptoTaxCalculator 

------ BANKLESS SPONSOR TOOLS:

🪙FRAX | SELF SUFFICIENT DeFi https://bankless.cc/Frax 

🦄UNISWAP | BUG BOUNTY PROGRAM https://bankless.cc/Uniswap-Bug-Bounty 

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

🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle 

🌐CELO | BUILD TOGETHER AND PROSPER https://bankless.cc/Celo 

🎮RONIN | THE FUTURE OF WEB3 GAMING https://bankless.cc/Ronin 

----- ✨ Mint the episode on Zora ✨ https://zora.co/collect/base:0x4be6cd4d402fed49eb2de95fbc8e737e8ffd3e7f/25 

------ TIMESTAMPS & RESOURCES

0:00 China & DeepSeek

12:43 Why Markets Rattled  https://en.wikipedia.org/wiki/Jevons_paradox 

24:32 OpenAI & Perplexity Agent Products  https://x.com/OpenAI/status/1882509286439637448  https://x.com/perplexity_ai/status/1882466239123255686   https://x.com/sama/status/1884066337103962416   

34:12 AI Agent Chain Wars

39:42 Virtuals is expanding to SOLANA!  https://x.com/virtuals_io/status/1883107553183162507  https://x.com/state_of_mika/status/1883107601183048078  https://x.com/vaderresearch/status/1883597990830731678  https://www.lookonchain.com/articles/1035  

53:01 AIXBT is becoming a product  https://x.com/aixbt_terminal/status/1882755705586982969 

56:01 VeniceAI launches a token that pays for your agent’s expenses https://x.com/askvenice/status/1883925135825990091  https://x.com/iampaulgrewal/status/1884051994324947001 

1:03:13 Griffain now has a Shopify integration for their agents https://x.com/griffaindotcom/status/1883230795764322328 

1:05:22 ARC partnered with Solana  https://x.com/arcdotfun/status/1884325639047819476 

1:06:36 Ai16z $10M x Jupiter Fund & Rebrand?  https://x.com/shawmakesmagic/status/1883124194013319340  https://x.com/shawmakesmagic/status/1884376511391674742 

1:08:45 What is Ejaaz paying attention to? 

1:10:02 Closing & Disclaimers 

------ Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures ⁠ 

China’s new DeepSeek AI model, which reportedly matches GPT-4’s performance at 1/45th the cost, has rattled the AI hardware market and contributed to a 20% dip in Nvidia’s stock price. Investor-technologist Jeffrey Emanuel argues that DeepSeek’s efficiency gains aren’t the only story, as his viral 12,000-word article “The Short Case for Nvidia Stock” also catalyzed the market’s panic. In this episode, we explore how these converging factors could unbundle Nvidia’s once-unassailable lead and drastically reshape AI compute economics.

• Jeff's Article:  https://youtubetranscriptoptimizer.com/blog/05_the_short_case_for_nvda
• Jeff on X: https://x.com/doodlestein 

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------ TIMESTAMPS 00:00 Start 05:20 Intro To Jeff 07:27 The Issue With DeepSeek 16:00 Inference Compute Explained 24:51 Nvidia's Competition 29:14 DeepSeek's Impact On Valuations 36:46 Criticism Around Jeff's Thesis 44:17 DeepSeek's 45x Upgrade 51:30 The Transformer Explained 01:03:15 Why Is Everyone Shocked? 01:12:07 Synthetic Data 01:21:30 Why Jeff's Article Went Viral

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