Bankless

Bankless Weekly Rollup 1st Week of December, 2023

----- 🏹 Airdrop Hunter is HERE, join your first HUNT today https://bankless.cc/JoinYourFirstHUNT 

----- 🌐 AEVO's Options and Perps DEX https://bankless.cc/aevo 

------ BANKLESS SPONSOR TOOLS:

🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE https://k.xyz/bankless-pod-q2  ⁠ 

🦊METAMASK PORTFOLIO | MANAGE YOUR WEB3 EVERYTHING https://bankless.com/MetaMask 

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

👾GMX | V2 IS NOW LIVE  https://bankless.com/GMX 

🔗CELO | CEL2 COMING SOON https://bankless.com/Celo 

🦄UNISWAP | ON-CHAIN MARKETPLACE https://bankless.cc/uniswap 

------

TIMESTAMPS & Resources

0:00 Intro

04:00 Markets https://pro.kraken.com/app/trade/btc-usd  https://www.bloomberg.com/news/articles/2023-12-04/bitcoin-btc-hype-machine-goes-into-overdrive-as-token-surges-past-42-000?embedded-checkout=true  https://pro.kraken.com/app/trade/eth-usd 

06:36 Spot ETF Dates https://twitter.com/JSeyff/status/1730606890319532389 

09:28 Altcoins Exploding https://www.coingecko.com/en/coins/bonk  https://www.coingecko.com/en/coins/beam-2  https://x.com/0xferg/status/1732546634536640694?s=20  https://x.com/BanklessHQ/status/1732542939736215638?s=20 

12:55 Blockchain Fees https://cryptofees.info/  https://vxtwitter.com/WuBlockchain/status/1732213564696617018?s=20  https://mempool.space  https://dune.com/dataalways/ordinals 

14:52 NEAR https://x.com/NEARProtocol/status/1730585506314862949?s=20 

16:49 Vibecession https://twitter.com/Dictionarycom/status/1730345974957023355  https://twitter.com/SimonWDC/status/1731720857578328492 

22:50 Jito Airdrop https://www.coinbase.com/advanced-trade/spot/JTO-USD  https://x.com/jito_sol/status/1732794280618668363?s=20  https://jito.network/airdrop https://x.com/Dogetoshi/status/1732775546071711939?s=20  https://x.com/usgoose/status/1732801746416619585?s=20  https://www.bankless.com/airdrop-hunter

27:49 Treasury Attacks Crypto https://x.com/CoinDesk/status/1731038228902228012?s=20  https://www.coindesk.com/policy/2023/11/29/stablecoins-such-as-tether-may-be-in-us-sights-top-us-treasury-official-warns/  https://twitter.com/neerajka/status/1730298060645736883?s=46&t=2ZINVXJQKx6xO_6Wiiu_2g  https://twitter.com/CampbellJAustin/status/1729693478232215923?s=20 

33:05 Jamie Dimon and Liz Warren Bash Crypto https://twitter.com/BanklessHQ/status/1732473232735809916 

39:08 Coinbase Wallet Upgrades https://twitter.com/CoinbaseWallet/status/1732091130169176510 

40:15 SAFE Updates https://twitter.com/safe/status/1732037206343290981 

40:32 Zora https://twitter.com/ourZORA/status/1729908093902033062 

40:59 Matcha https://x.com/matchaxyz/status/1732070138281918806?s=20 

41:58 Stakewise v3 https://twitter.com/stakewise_io/status/1729530659566149762 

42:57 Mantle  https://twitter.com/0xMantle/status/1731616189473046532 

44:03 Eigen Layer  https://www.blog.eigenlayer.xyz/eigenda-layer-n/  https://twitter.com/eigenlayer/status/1732477811628405032 

48:27 Do Kwon Coming to The US https://twitter.com/DeItaone/status/1732789392417186111 

50:50 Meme of The Week https://twitter.com/Smacaud1/status/1731739370376335459?s=20 

Moment of Zen https://www.reddit.com/r/funny/comments/18ccm7o/why_sam_bankman_fried_got_caught/ 

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

Celestia’s token ($TIA) just dropped. Highlighted by its modular data availability network the crypto community has showed a lot of excitement around this launch.

Why? What is so valuable about Celestia? What is its vision for crypto? How, if successful, will Celestia change the crypto landscape? 

Today, on Bankless We’re talking to two Celestia CoFounders Mustafa and Ismail to explore the thesis behind Celesia. So, strap yourselves in, put on your learning cap, because we’re going to learn about Celestia in today’s episode. 

----- 🏹 Airdrop Hunter is HERE, join your first HUNT today https://bankless.cc/JoinYourFirstHUNT 

------ BANKLESS SPONSOR TOOLS:

🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE ⁠https://k.xyz/bankless-pod-q2   ⁠

🦊METAMASK PORTFOLIO | MANAGE YOUR WEB3 EVERYTHING ⁠https://bankless.cc/MetaMask  

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

👾GMX | V2 IS NOW LIVE  https://bankless.cc/GMX 

🔗CELO | CEL2 COMING SOON https://bankless.cc/Celo  

🦄UNISWAP | ON-CHAIN MARKETPLACE ⁠https://bankless.cc/uniswap 

------ TIMESTAMPS

0:00 Intro 4:10 What is Celestia?  6:12 The Modular Thesis 9:00 Celestia & Ethereum Relationship  18:27 Economics of Celestia  21:21 Celestia’s SDK 26:31 Celestia’s Capital Power  28:15 $TIA  32:18 Blob Stream 34:30 Celestia Endgame 36:18 Current & Future Projects on Celestia  41:15 Celestia’s Vision  43:55 Closing & Disclaimers  

------ RESOURCES

Mustafa https://twitter.com/musalbas 

Ismail https://twitter.com/KreuzUQuer 

Celestia https://celestia.org/learn/ 

Vitalik’s Endgame  https://vitalik.eth.limo/general/2021/12/06/endgame.html 

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

We’re exploring the frontier of crypto gaming!

The seeds of the crypto gaming thesis are looking to play out. Today we’re hosting Robbie Ferguson from Immutable and Marco van den Heuvel from Merit Circle.

Merit Circle is migrating from Avalanche to Immutable, bringing along their gaming ecosystem, DAO, and sizable treasury. 

----- 🏹 Airdrop Hunter is HERE, join your first HUNT today https://bankless.cc/JoinYourFirstHUNT 

------ BANKLESS SPONSOR TOOLS:

🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE ⁠https://k.xyz/bankless-pod-q2   ⁠

🦊METAMASK PORTFOLIO | MANAGE YOUR WEB3 EVERYTHING ⁠https://bankless.cc/MetaMask   

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

👾GMX | V2 IS NOW LIVE  https://bankless.cc/GMX 

🔗CELO | CEL2 COMING SOON https://bankless.cc/Celo  

🦄UNISWAP | ON-CHAIN MARKETPLACE ⁠https://bankless.cc/uniswap  ------

TIMESTAMPS 0:00 Intro 4:00 Immutable 8:00 Merit Circle 14:30 Announcing the Partnership 22:40 A Beneficial Relationship 25:55 Merit Circle Treasury 28:13 New Games 34:40 The Terms of the Partnership 37:30 Vision for the Future 40:00 Avalanche

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

The truth on how we feel about Solana. 

Today we define the fundamentals, compare other networks, and ultimately share how we think SOL stacks up in the Layer 1 race.  ----- 🏹 Airdrop Hunter is HERE, join your first HUNT today https://bankless.cc/JoinYourFirstHUNT  ------ BANKLESS SPONSOR TOOLS:

🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE ⁠https://k.xyz/bankless-pod-q2  ⁠ 

🦊METAMASK PORTFOLIO | MANAGE YOUR WEB3 EVERYTHING ⁠https://bankless.cc/MetaMask  

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

👾GMX | V2 IS NOW LIVE  https://bankless.cc/GMX 

🔗CELO | CEL2 COMING SOON https://bankless.cc/Celo   

🦄UNISWAP | ON-CHAIN MARKETPLACE ⁠https://bankless.cc/uniswap 

------

TIMESTAMPS 00:00 Intro 01:41 Addressing The Criticism 07:32 Defining The Fundamentals 14:05 Comparing Other Networks 19:11 Takes from Crypto Twitter 22:55 Our Thesis 26:19 Solana UX 30:37 Ethereum's Flaws 33:38 Discord Reactions

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

Someone has to say it. ETH price at $2.2k is hilarious.  Everyone is out here trading "what ifs" this cycle when Ethereum has fundamentals.

Let us tell you why $2.2k ETH doesn't make any sense. ------ 🌐 AEVO's Options and Perps DEX https://bankless.cc/aevo  ------ BANKLESS SPONSOR TOOLS:

🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE ⁠https://k.xyz/bankless-pod-q2   ⁠

🦊METAMASK PORTFOLIO | MANAGE YOUR WEB3 EVERYTHING ⁠https://bankless.cc/MetaMask  

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

👾GMX | V2 IS NOW LIVE  https://bankless.cc/GMX 

🔗CELO | CEL2 COMING SOON https://bankless.cc/Celo  

🦄UNISWAP | ON-CHAIN MARKETPLACE ⁠https://bankless.cc/uniswap 

------ TIMESTAMPS 00:00 Start 01:33 Ethereum is Underpriced 16:01 Will SOL Flip ETH? 38:12 Hating "Decentralization" 51:18 Changing of The Seasons

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

Are crypto games making a comeback? Vance Spencer and his Co-Founder Michael Anderson join us today to answer that question.

We did a bunch of episode on crypto gaming last hype cycle – retrospectively, it was too early. But now we have cheap blockspace, better wallets, and games that are fun to play.

------ ✨ DEBRIEF | Ryan & David unpacking the episode: https://www.bankless.com/debrief-crypto-gaming-2

----- 🏹 Airdrop Hunter is HERE, join your first HUNT today https://bankless.cc/JoinYourFirstHUNT

------ BANKLESS SPONSOR TOOLS:

🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE ⁠https://k.xyz/bankless-pod-q2 ⁠

🦊METAMASK PORTFOLIO | MANAGE YOUR WEB3 EVERYTHING ⁠https://bankless.cc/MetaMask 

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

👾GMX | V2 IS NOW LIVE  https://bankless.cc/GMX

🔗CELO | CEL2 COMING SOON https://bankless.cc/Celo 

🦄UNISWAP | ON-CHAIN MARKETPLACE ⁠https://bankless.cc/uniswap

------ TIMESTAMPS

00:00:00 Intro 00:07:19 Intro To Crypto Gaming 00:14:00 How Has Crypto Gaming Evolved? 00:17:39 Casual Vs AAA Games 00:21:10 The Current Gaming Experience 00:26:00 What Benefits Come From Blockchain? 00:32:47 Best Argument Against Crypto Gaming? 00:45:29 How Far Can This Go? 00:50:47 IOS and Taxes 00:55:11 Dealing With Regulators 00:59:01 Choosing a Chain 01:04:50 Are Traditional Studios Coming? 01:07:27 What's An On Chain Game? 01:12:20 Blockspace 01:18:58 Can This Pump Our Assets? 01:21:44 Closings and Disclaimers

------ RESOURCES

Vance: https://twitter.com/pythianism

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

Bankless Weekly Rollup Last Week of Nov. 2023

----- 🌐 Near's Cost Effective Data Availability https://bankless.cc/near  

------ BANKLESS SPONSOR TOOLS:

🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE ⁠https://k.xyz/bankless-pod-q2   ⁠ 

🦊METAMASK PORTFOLIO | MANAGE YOUR WEB3 EVERYTHING ⁠https://bankless.cc/MetaMask  

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

👾GMX | V2 IS NOW LIVE  https://bankless.cc/GMX 

🔗CELO | CEL2 COMING SOON https://bankless.cc/Celo  

🦄UNISWAP | ON-CHAIN MARKETPLACE ⁠https://bankless.cc/uniswap 

------ TIMESTAMPS & RESOURCES

0:00 Intro

3:50 Markets https://twitter.com/camillionaire_m/status/1729850195012456518  https://x.com/saylor/status/1730222828270612851  https://x.com/WClementeIII/status/1730250345291375043  https://twitter.com/jseyff/status/1728087271084028346  https://twitter.com/datarade/status/1729416261149340002 

18:32 Jito Launching Governance Token JTO https://twitter.com/jito_sol/status/1729172532971065626  https://www.bankless.com/airdrop-hunter 

21:00 Cosmos enters its “Blocksize Wars” era  https://twitter.com/DefiIgnas/status/1729155760850981130  https://twitter.com/DefiIgnas/status/1729155760850981130/photo/3  https://twitter.com/lurkaroundfind/status/1728805585313767528  

29:29 What does Paradigm think about Blast?  https://dune.com/alec/blast-the-new-eth-l2  https://x.com/danrobinson/status/1728817674543862023 

39:03 Ethereum blockchain Shenanigans https://twitter.com/nero_eth/status/1728680630773575956 https://arxiv.org/pdf/2305.09032.pdf 

45:11 KyberSwap Dex aggregator hacked for $54.7M https://twitter.com/KyberNetwork/status/1728115858889929021 https://x.com/TheDEFIac/status/1730196414154608785?s=20 

48:40 Move-based L2 arrives on the scene https://twitter.com/movementlabsxyz/status/1727385496953958571?s=20  Sei Network gets an upgrade https://twitter.com/jayendra_jog/status/1729865516175798536 

50:47 NFTs https://twitter.com/coolcats/status/1729281454792929561 

51:35 Regulation https://www.theblock.co/post/264702/the-sec-is-having-trouble-serving-hex-founder-richard-heart-with-its-lawsuit  https://blockworks.co/news/binance-changpeng-zhao-us 

53:39 Meme of The Week https://twitter.com/yugacohler/status/1728892556304625708  

54:44 Closing & Disclosures

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

The first think you need to know about crypto is, "what is money?"  The second is, "what is property?" and that is our topic for today. Joining us is notorious economist Hernando De Soto who is here to give us a masterclass on the world of property right and why we need to tokenize the world. ------ ✨ DEBRIEF | Ryan & David unpacking the episode: https://www.bankless.com/debrief-hernando 

----- 🏹 Airdrop Hunter is HERE, join your first HUNT today https://bankless.cc/JoinYourFirstHUNT 

------ BANKLESS SPONSOR TOOLS:

🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE ⁠https://k.xyz/bankless-pod-q2 ⁠ 

🦊METAMASK PORTFOLIO | MANAGE YOUR WEB3 EVERYTHING ⁠https://bankless.cc/MetaMask 

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

🔗CELO | CEL2 COMING SOON https://bankless.cc/Celo 

👾GMX | V2 IS NOW LIVE  https://bankless.cc/GMX 

💲 USDV | NATIVE OMNICHAIN STABLECOIN https://bankless.cc/usdv  

------ TIMESTAMPS

00:00:00 Intro 00:06:38 Welcome Hernando 00:08:34 History of Property Rights 00:12:31 Property Rights in The US 00:20:27 Value of Property Right Management Systems 00:27:34 The Role of Buerocracy 00:33:09 Advantage of Strong Property Rights 00:40:58 Other Countries Property Rights Systems 00:48:10 Comparing Property Rights Systems 01:00:20 Capitalism 01:07:32 Blockchains and Crypto 01:18:13 Summarizing Blockchain 01:23:54 Dealing With Politics 01:32:30 Closing Thoughts

------ RESOURCES

Hernando:  https://twitter.com/HDeSotoPeru 

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

In case you weren’t aware, last week and over the weekend, Bankless became crypto’s main character. In today’s episode, we share our reflections on the backlash we received. What happened? Did we deserve it? And why are we here? 

----- 🏹 Airdrop Hunter is HERE, join your first HUNT today https://bankless.cc/JoinYourFirstHUNT 

------ BANKLESS SPONSOR TOOLS:

🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE ⁠https://k.xyz/bankless-pod-q2  ⁠

🦊METAMASK PORTFOLIO | MANAGE YOUR WEB3 EVERYTHING ⁠https://bankless.cc/MetaMask 

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

🔗CELO | CEL2 COMING SOON https://bankless.cc/Celo 

👾GMX | V2 IS NOW LIVE  https://bankless.cc/GMX 

💲 USDV | NATIVE OMNICHAIN STABLECOIN https://bankless.cc/usdv  

------ TIMESTAMPS & RESOURCES

0:00 Intro 3:10 Bankless Backlash  https://twitter.com/DeFi_Made_Here/status/1728159809827217412  4:14 bDAO Proposal to Arbitrum https://x.com/banklessDAO/status/1728380541949653060  5:42 Raiding Treasuries  https://x.com/0xShual/status/1728078219625070926  7:25 Shit gets mean https://x.com/Ketherche/status/1728416271409295692  8:40 bDAO “were not BanklessHQ” clarifying thread https://twitter.com/banklessDAO/status/1728380541949653060  https://x.com/RyanSAdams/status/1728203036999164017  22:00 F Bankless Season  23:13 Is Bankless net bad for Ethereum? https://x.com/RyanSAdams/status/1728507517997658567  25:00 Watching the press cover you:  https://www.coindesk.com/consensus-magazine/2023/11/27/breaking-down-the-bankless-backlash/  27:40 David’s Long Tweet https://x.com/TrustlessState/status/1728849871682048136  30:30 Next Steps  32:35 In Conclusion?   https://x.com/intocryptoast/status/1728544232087130273  32:52 Why are we all here?  https://twitter.com/defi_mochi/status/1728703547121062273   https://x.com/Fiskantes/status/1729428463017132487  https://x.com/TrustlessState/status/1729303906201543128  41:24 Closing & Disclaimers 

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

What is THORChain? Join David as we explore the liquidity protocol that allows swapping between BTC, ETH, and more without intermediaries.

Chad Barraford is a core developer at THORChain, and Erik Voorhees is a Bankless staple who has found a deep resonance with THORChain's mission.

Is THORChain helping build the Bankless future? Come find out.

----- 🏹 Airdrop Hunter is HERE, join your first HUNT today https://bankless.cc/JoinYourFirstHUNT 

------ BANKLESS SPONSOR TOOLS:

🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE ⁠https://k.xyz/bankless-pod-q2  ⁠

🦊METAMASK PORTFOLIO | MANAGE YOUR WEB3 EVERYTHING ⁠https://bankless.cc/MetaMask 

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

🔗CELO | CEL2 COMING SOON https://bankless.cc/Celo 

👾GMX | V2 IS NOW LIVE  https://bankless.cc/GMX 

💲 USDV | NATIVE OMNICHAIN STABLECOIN https://bankless.cc/usdv 

------ TIMESTAMPS

0:00 Intro 3:30 What is Thorchain 7:10 Erik and Shapeshift 10:20 How it Works 13:40 Is this a Bridge? 17:00 Staking and Security 20:00 Rune 28:45 Bitcoin and Ethereum 32:20 Latency 36:00 The Bull Case for Thorchain 38:40 Specialization 40:40 The Roadmap and Community 44:00 Get Involved

------ RESOURCES

Erik Voorhees: https://x.com/ErikVoorhees?s=20 

Chad Barraford https://x.com/CBarraford?s=20 

THORChain Website https://thorchain.org/ 

THORChain Twitter https://twitter.com/thorchain 

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