Bankless

Bankless Weekly Rollup 4th Week of May 2023 

------ 🚀 AIRDROP ALPHA 🚀 https://bankless.cc/Alpha 

------ 🚀 Consensys Diligence Fuzzing https://bankless.cc/diligence-fuzzing-pod 

------ BANKLESS SPONSOR TOOLS: 

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

🦊METAMASK LEARN | HELPFUL WEB3 RESOURCE https://bankless.cc/MetaMask  

👾STADER LABS | ETHX LIQUID STAKING https://bankless.cc/Stader 

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

🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION https://bankless.cc/Toku  

🎮IMMUTABLE | GAMING ECOSYSTEM https://bankless.cc/Immutable

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

------ Topics Covered

0:00 Intro

3:45 MARKETS 6:25 ETH Staking https://dune.com/hildobby/eth2-staking  8:40 Lido Withdrawals https://twitter.com/TrueWaveBreak/status/1660860593526431744  10:55 Germany Recession https://www.reuters.com/markets/europe/germany-enters-recession-2023-05-25/  12:10 Buying vs Renting https://twitter.com/GRDecter/status/1661057543219675136  15:00 1 in 10 Americans Use Crypto https://twitter.com/SebVentures/status/1661063483369177108  Brian Armstrong - https://twitter.com/brian_armstrong/status/1661449616393666560  20:00 NVDA AI https://www.cnbc.com/2023/05/24/nvidia-nvda-earnings-report-q1-2024.html 

25:30 Postponing Ledger Recover https://www.ledger.com/blog/ledger-recover-a-message-from-pascal-gauthier-chairman-ceo-at-ledger  28:45 DCG Missed Payment https://twitter.com/ramahluwalia/status/1660981239254269952  33:20 Tornado Cash Hack https://twitter.com/samczsun/status/1660012956632104960 

37:40 Binance Commingling Funds https://www.reuters.com/investigates/special-report/crypto-binance-money/  https://twitter.com/BanklessHQ/status/1661411951627436038 

46:30 Apple Pay  STEPN - https://twitter.com/Stepnofficial/status/1660616595792601091  Axie - https://www.coindesk.com/web3/2023/05/17/axie-infinity-game-launches-on-apple-app-store-in-key-markets/  48:45 BASE Maine https://twitter.com/BuildOnBase/status/1661406955158618118  50:10 Pudgy Penguin Toys https://twitter.com/pudgypenguins/status/1659325632499572736  52:40 Do Kwon Bail Revoked https://decrypt.co/142224/terra-founder-do-kwon-back-in-jail-in-montenegro-bail-revoked  53:00 Vitalik Restaking https://twitter.com/VitalikButerin/status/1660356821779988480  https://twitter.com/BanklessHQ/status/1660791568482320390  59:13 Ron DeSantis Bitcoin   https://www.trustnodes.com/2023/05/25/let-them-do-bitcoin-says-ron-desantis  1:02:30 Matcha Update https://twitter.com/matchaxyz/status/1661401872811565056  1:04:10 Connext Abstraction https://blog.connext.network/introducing-chain-abstraction-9b8f6e4dc31a  1:05:20 Astaria https://twitter.com/AstariaXYZ/status/1661733590923878401 

1:05:50 Jobs https://pallet.xyz/list/bankless/jobs 

1:08:20 Questions from the Nation https://bankless.cc/Alpha 

1:18:30 Freedom to Innovate https://twitter.com/RyanSAdams/status/1661722723947610114  1:20:30 The Millennial Pause https://www.youtube.com/watch?v=WRYgLsy6kLk  Gen Z Shake https://youtube.com/shorts/SsOrbYqiHVs 

1:24:15 What David’s Bullish On https://imgur.com/a/U0KHn48  1:27:05 What Ryan’s Bullish On https://twitter.com/ryanberckmans/status/1661719300770615297 

1:29:40 MEME of the Week https://imgur.com/Yndq4Xd 

---- 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://www.bankless.com/disclosures 

Can the price of Ethereum really reach $30,000 by the end of the decade? On the show we go on a journey through VanEck’s new report detailing how exactly Ethereum can get there.

------ 📣 CONSENSYS | DILIGENCE FUZZING https://bankless.cc/diligence-fuzzing

------ 🚀 Airdrop Alpha is waiting for you on Bankless.com  https://bankless.cc/Alpha  

------ BANKLESS SPONSOR TOOLS: 

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

🦊METAMASK LEARN | HELPFUL WEB3 RESOURCE https://bankless.cc/MetaMask 

👾STADER LABS | ETHX LIQUID STAKING https://bankless.cc/Stader 

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

🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION https://bankless.cc/Toku 

🎮IMMUTABLE | GAMING ECOSYSTEM https://bankless.cc/Immutable 

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

------ Topics Covered

0:00 Intro 6:37 ETH to $11.8K 11:17 ETH Versus T-Bills 14:29 Predicting Ethereum Revenue 19:12 ​​ETH As a Currency 25:21 Ethereum Security As a Service 30:20 Base vs Bull vs Bear Case 36:15 $300 or $50k? 45:14 The Impact of L2's 50:08 Ether vs Gold vs Bitcoin 53:56 Applying The Model To Solana 59:47 Inflows Are Important 1:01:45 Van Eck's Investing Strategy 1:05:06 When is The Next Bull Market 1:08:22 Closing And Disclaimers

——— Resources:

Matthew https://twitter.com/matthew_sigel 

Patrick https://www.linkedin.com/in/patrick-bush-9a21a7b 

VanEck’s Ethereum Report https://www.vaneck.com/us/en/blogs/digital-assets/matthew-sigel-ethereum-price-prediction-118k-by-2030/  

---- 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://www.bankless.com/disclosures 

Taproot was the trojan horse that opened the door to a new wave of Bitcoin innovation and culture. At the forefront of this culture are Udi, Eric, and Nic, the taproot wizards causing a shift in the world of Bitcoin.

------ 📣 CONSENSYS | DILIGENCE FUZZING https://bankless.cc/diligence-fuzzing-pod

------ 🚀 Airdrop Alpha is waiting for you on Bankless.com  https://bankless.cc/Alpha 

------ BANKLESS SPONSOR TOOLS: 

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

🦊METAMASK LEARN | HELPFUL WEB3 RESOURCE https://bankless.cc/MetaMask 

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

👾STADER LABS | ETHX LIQUID STAKING https://bankless.cc/Stader 

🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION https://bankless.cc/Toku 

🎮IMMUTABLE | GAMING ECOSYSTEM https://bankless.cc/Immutable 

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

----- Timestamps: 0:00 Intro 6:19 Introducing the Taproot Wizards 12:00 Rejected From Bitcoin Conferences 17:17 Meme and Culture Layer of Bitcoin 23:55 Taproot Was a Trojan Horse 30:28 Are Ordinals Good For Bitcoin Bags? 35:11 How Ordinals Have Changed Public Perception 41:27 A Bitcoin Civil War 47:14 "We Broke Bitcoin" 53:42 Addressing Bitcoin Media  1:04:15 Are David and Ryan Bitcoiners? 1:05:27 Closing and Disclaimers

------ Resources:

Nic Carter https://twitter.com/nic__carter 

Eric Wall https://twitter.com/ercwl 

Udi Wertheimer https://twitter.com/udiWertheimer 

----- 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://www.bankless.com/disclosures 

Rohan Grey is an assistant professor at Willamette University College of Law and has been involved in the world of politics and government as it relates to our public money systems. 

You might remember him as the guy behind the STABLE Act (Stablecoin And Bank Licensing Enforcement) which turned into an episode we did with him in December of 2020. 

The topic of CBDC and the politicization of our money system has returned, so we wanted to get Rohan back on to learn about what this conversation from his point of view. 

------ ✨ DEBRIEF | Unpacking the episode:  https://www.bankless.com/debrief-rohan-grey

------ 🪂Airdrop Alpha is waiting for you on Bankless 🪂 https://bankless.cc/AirdropAlphaIsOnBankless 

------ In today’s episode, Rohan helps us understand:

1) Who are the power structures supporting and fighting over the CBDC 2) Why the crypto community might have to support a digital dollar… or else!? 3) Why you should be skeptical about the anti-Gensler politicians 4) Finding the common ground between Rohan and Bankless

------ BANKLESS SPONSOR TOOLS: 

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

🦊METAMASK LEARN | HELPFUL WEB3 RESOURCE https://bankless.cc/MetaMask  

👾STADER LABS | ETHX LIQUID STAKING https://bankless.cc/Stader 

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

🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION https://bankless.cc/Toku  

🎮IMMUTABLE | GAMING ECOSYSTEM https://bankless.cc/Immutable  

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

------ TIMESTAMPS: 

0:00 Intro 7:39 CBDC Fight in D.C.?  9:20 What Side Is Rohan On?  11:07 Public vs. Private Money  14:36 The Political Chessboard  25:11 Republicans & CBDCs 30:22 Anti-Gensler Republicans  34:23 Central Bank Independence  40:15 Elizabeth Warren War on Crypto 51:25 Crypto x Political Alignment 57:50 The Case for Crypto  1:02:52 Public Goods & Capitalism 1:04:33 Digital Dollar & Privacy  1:07:21 The Central Banker Problem  1:16:49 Property Rights 1:22:44 Rohan’s Advice to Builders 1:28:09 Closing & Disclaimers 

------ RESOURCES:

Rohan Grey https://twitter.com/rohangrey Rohan’s Previous Bankless Episode https://youtu.be/1ywsNq0XAfE 

No Spy Cash https://www.nospycash.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://www.bankless.com/disclosures 

Bankless Weekly Rollup 3rd Week of May 2023 

------ 🚀 AIRDROP ALPHA 🚀 https://bankless.cc/Alpha 

------ 🚀 Consensys Diligence Fuzzing https://bankless.cc/diligence-fuzzing-pod 

------ BANKLESS SPONSOR TOOLS: 

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

🦊METAMASK LEARN | HELPFUL WEB3 RESOURCE https://bankless.cc/MetaMask  

👾STADER LABS | ETHX LIQUID STAKING https://bankless.cc/Stader 

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

🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION https://bankless.cc/Toku  

🎮IMMUTABLE | GAMING ECOSYSTEM https://bankless.cc/Immutable  

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

------ Topics Covered

0:00 Intro

2:55 MARKETS 5:00 ETH Staking Update https://www.theblock.co/data/on-chain-metrics/ethereum/cumulative-eth-deposited-to-beacon-chain-and-validators  Monitor: https://validator-queue-monitoring.vercel.app/  7:00 Macro Market Trends https://www.cnbc.com/2023/05/15/paul-tudor-jones-says-the-fed-is-done-raising-rates-stocks-to-finish-the-year-higher-from-here.html  11:20 Liquidity Drying Up https://twitter.com/ramahluwalia/status/1657924211770380290   https://www.youtube.com/watch?v=qbr8965IYfo&t=3830s  13:30 The Bore Market https://twitter.com/sassal0x/status/1656857007385894912  14:50 The Promise of Crypto https://twitter.com/RyanSAdams/status/1659177889428914177  16:30 Layer Two Activity https://l2beat.com/scaling/tvl 

21:30 What Happened to Ethereum? https://twitter.com/0x_Osprey/status/1659019122548830209  24:40 Client Diversity https://clientdiversity.org/#why  27:15 Not a Monolith https://twitter.com/TrustlessState/status/1657316158729494528  29:30 Block Reorgs https://www.youtube.com/watch?v=QkMjcqVEARc 

33:15 Is Ledger Safe? https://www.ledger.com/recover  36:30 Ledger Comms https://twitter.com/Ledger_Support/status/1658892462440456192  40:10 Canceling Ledger https://twitter.com/oklahodl1/status/1658580508320620546  https://twitter.com/0xfoobar/status/1658460603831263232  https://twitter.com/Mudit__Gupta/status/1658368265687556097  https://twitter.com/hosseeb/status/1658740433361702913  43:25 Did They Do Anything Wrong? https://twitter.com/0xfoobar/status/1658965272416452609  49:00 Redundancy https://twitter.com/TrustlessState/status/1658788949165322242 

51:00 Coinbase vs the SEC https://twitter.com/MetaLawMan/status/1656737447756038177  53:30 Gary Speaks https://twitter.com/ROCKilroy/status/1658206561125146630?s=20  55:00 Summary https://twitter.com/milesjennings/status/1658515975170555904 

58:00 Nike Dot Swoosh https://www.swoosh.nike/location  1:01:10 Optimism Bedrock https://twitter.com/optimismFND/status/1658202279147601921  Polynya: https://twitter.com/apolynya/status/1658312190577836032  1:04:05 Worldcoin OP https://worldcoin.org/blog/announcements/worldcoin-commits-optimism-superchain-vision-ahead-mainnet-launch  1:04:55 Lido v2 https://twitter.com/LidoFinance/status/1658195242149879824  1:05:20 PayPal MetaMask  https://metamask.io/news/latest/metamask-and-paypal-all-you-need-to-know-about-buying-eth/  1:06:30 On-Chain Cease & Desist https://twitter.com/zachxbt/status/1659078481228058624  1:08:00 DRC-20s on Dogecoin https://bitinfocharts.com/comparison/transactions-btc-ltc-doge.html#3m Doge Maxis: https://twitter.com/938433911/status/1657961759322562560  1:09:45 EU MiCA Just Passed https://www.consilium.europa.eu/en/press/press-releases/2023/05/16/digital-finance-council-adopts-new-rules-on-markets-in-crypto-assets-mica/  1:11:00 Do Kwon Bail https://www.theblock.co/post/230575/do-kwon-bail  1:12:15 Sam Altman Congress https://twitter.com/BanklessHQ/status/1658498249727307776 

1:19:00 Questions from the Nation

1:25:00 David’s Shirt https://twitter.com/TrustlessState/status/1659182411467350016  1:26:40 Abandoning Wallets https://twitter.com/0xDesigner/status/1658851890803744768 

1:28:00 What David’s Bullish On https://imgur.com/vlEaQMG  1:29:25 Permissionless Spaces

1:30:15 What Ryan’s Bullish On https://twitter.com/RyanSAdams/status/1658660759352614914  https://twitter.com/MetaVsGaming/status/1658687862269771777 

1:36:40 MEME of the Week https://twitter.com/MinisterOfNFTs/status/1657793552808656900  https://twitter.com/balajis/status/1657879440146444288 

1:37:15 Moment of Zen https://twitter.com/linusekenstam/status/1657083568231702528 

---- 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://www.bankless.com/disclosures 

Did Ethereum break or what actually happened? 

We brought on Preston Van Loon & Terence Tsao, two Ethereum Protocol Developers, to help us answer that question.  

------ 📣 CONSENSYS | DILIGENCE FUZZING https://bankless.cc/diligence-fuzzing-pod 

------ 🚀 Airdrop Alpha is waiting for you on Bankless.com  https://bankless.cc/Alpha  

------ BANKLESS SPONSOR TOOLS: 

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

🦊METAMASK LEARN | HELPFUL WEB3 RESOURCE https://bankless.cc/MetaMask 

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

👾STADER LABS | ETHX LIQUID STAKING https://bankless.cc/Stader 

🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION https://bankless.cc/Toku 

🎮IMMUTABLE | GAMING ECOSYSTEM https://bankless.cc/Immutable 

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

------ Timestamps:

0:00 Intro 7:53 Did Ethereum Break? 8:22 What Happened?  14:50 Slot Visualization & Connectivity  20:30 Did Users Notice?  23:57 Why Was This Worrisome?  26:19 Preston & Terence's Emotional Response 35:55 Ethereum Resilience  39:30 Was This Good For Ethereum? 41:20 Solana vs. Ethereum Liveness  44:40 Closing & Disclaimers

------ Resources:

Is Ethereum Breaking? https://twitter.com/BanklessHQ/status/1657122512516575232 

Preston Van Loon https://twitter.com/preston_vanloon 

Terence Tsao https://twitter.com/terencechain 

----- 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://www.bankless.com/disclosures 

Ledger has been the center of attention since the announcement of their new “Recover” feature which has brought into question how secure our Ledger devices actually are. 

Charles joins us to walk through how exactly this recover feature functions, breaking down how a Ledger actually functions, and possible paths moving forward.

------ 📣 CONSENSYS | DILIGENCE FUZZING https://bankless.cc/diligence-fuzzing-pod 

------ 🚀 Airdrop Alpha is waiting for you on Bankless.com  https://bankless.cc/Alpha  

------ BANKLESS SPONSOR TOOLS: 

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

🦊METAMASK LEARN | HELPFUL WEB3 RESOURCE https://bankless.cc/MetaMask 

👾STADER LABS | ETHX LIQUID STAKING https://bankless.cc/Stader 

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

🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION https://bankless.cc/Toku 

🎮IMMUTABLE | GAMING ECOSYSTEM https://bankless.cc/Immutable 

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

------ Topics Covered

0:00 Intro 6:21 Ledger's Recover Service Overview 18:40 Is Ledger Recover Forced or Opt-In? 23:07 Dissecting a Ledger Device 29:41 Can Firmware Reveal Private Keys? 36:54 A Social Contract With Ledger 42:31 Assurance Of No Back Door 51:16 2-Part Firmware Solution? 57:42 Will Ledger Forget About Us? 1:02:46 Closing and Disclaimers

——— Resources:

Charles  https://twitter.com/P3b7_ 

Ledger https://twitter.com/ledger 

---- 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://www.bankless.com/disclosures 

Edward Chancellor is a financial historian, journalist, and author of, "Devil Take the Hindmost: A History of Financial Speculation" and his latest, “The Price of Time: The Real Story of Interest”

The two books link together the history of money and finance, and human culture. 

In today’s episode we explore the ways in which money and finance is embedded deeper in our lives than we may have previously thought. 

------ ✨ DEBRIEF | Unpacking the episode:  https://www.bankless.com/debrief-edward-chancellor    ------ ✨ COLLECTIBLES | Collect this episode:  https://collectibles.bankless.com/mint 

------ 🪂Airdrop Alpha is waiting for you on Bankless 🪂 https://bankless.cc/AirdropAlphaIsOnBankless 

------ We’re living in the era of Central Banker Capitalism, low interest rates and everything bubbles. Is this a new era? What does history tell us will happen next?

Edward Chancellor is going to help us answer these questions. And along the way, you’ll learn timeless lessons about interest, debt, and the time value of money.

------ BANKLESS SPONSOR TOOLS: 

📣 SWELL | Stake with Swell https://bankless.cc/Swell  

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

🧠 AMBIRE | SMART CONTRACT WALLET https://bankless.cc/Ambire  

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

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

🦊METAMASK LEARN | HELPFUL WEB3 RESOURCE https://bankless.cc/MetaMask 

------ TIMESTAMPS: 

0:00 Intro 8:24 Edward’s Book Overlap 19:32 Speculative Bubble’s Inevitability  26:27 Interest, Debt, & Loans  31:15 Debt Jubilee & Inflation 35:05 The Necessity of Inflation  41:55 The Natural Rate of Interest  53:35 The Everything Bubble  1:04:10 The Price of Time  1:07:38 Devil’s Take the Hindmost  1:10:40 Have We Learned From Past Bubbles?  1:17:30 Austrian vs. Keynesian Economics 1:21:20 Edward’s Thoughts on Crypto 1:38:50 Predictions: What Happens Next? 1:42:27 Closing & Disclaimers 

------ RESOURCES:

The Price of Time  https://www.amazon.com/Price-Time-Real-Story-Interest/dp/0802160069 

Devil Take the Hinemost https://www.amazon.com/Devil-Take-Hindmost-Financial-Speculation/dp/0452281806 

Primitive Money https://www.elsevier.com/books/primitive-money/einzig/978-0-08-011679-2 

Digital Chicago Plan - Column In Breakingviews https://www.breakingviews.com/columns/digital-chicago-plan-fixes-many-financial-woes/ 

Irving Fisher 100% money https://mises.org/library/100-money 

----- 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://www.bankless.com/disclosures 

Bankless Weekly Rollup 2nd Week of May 2023 

------ 🚀 TOKEN HUB 🚀 https://www.bankless.com/join?utm_source=YouTube&utm_medium=Intro&utm_campaign=Intro_CTA1 

------ 🚀 Stake with Swell   https://bankless.cc/Swell 

------ BANKLESS SPONSOR TOOLS: 

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

🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE https://bankless.cc/kraken 

🧠 AMBIRE | SMART CONTRACT WALLET https://bankless.cc/Ambire 

👻 PHANTOM | FRIENDLY MULTICHAIN WALLET https://bankless.cc/phantom-waitlist 

🦊METAMASK LEARN | HELPFUL WEB3 RESOURCE https://bankless.cc/MetaMask 

------ Topics Covered

0:00 Intro

2:45 MARKETS 5:40 Happy Anniversary https://twitter.com/trustlessstate/status/1655845355412660228  5:55 Market Makers https://twitter.com/thiccythot_/status/1656054917490958336  https://twitter.com/TrustlessState/status/1656663450825945093  11:30 Holding and Staking https://www.theblock.co/data/on-chain-metrics/ethereum/cumulative-eth-deposited-to-beacon-chain-and-validators  15:10 Staking All Time High https://twitter.com/sassal0x/status/1656136243271569408  15:40 State of Staking https://bankless.cc/3LWtdc9  17:52 Interest Rates https://www.bankless.com/join?utm_source=YouTube&utm_medium=Intro&utm_campaign=Intro_CTA1  23:40 ETH Price Analysis https://www.vaneck.com/us/en/blogs/digital-assets/matthew-sigel-ethereum-price-prediction-118k-by-2030/  
29:15 Meme Coins https://twitter.com/BanklessHQ/status/1656315380913123329  30:20 PEPE Crypto https://twitter.com/thiccythot_/status/1654775743577038848  34:50 Pepe Analysis https://twitter.com/masonversluis/status/1655013413679157248  https://twitter.com/thiccythot_/status/1654775750657028099  36:45 MEV Sandwich Attacks https://eigenphi.substack.com/p/performance-appraisal-of-jaredfromsubway-eth  39:35 Is this a Bad Thing?

42:10 Bitcoin BRC-20 Boom https://metaversal.banklesshq.com/p/brc20  44:40 UniSat Marketplace https://unisat.io/market  45:20 BTC Ponzi https://twitter.com/ercwl/status/1654816512853639168?s=20  45:55 ORDI Token https://twitter.com/DefiIgnas/status/1655442270399893504?s=20  46:30 Bitcoin Fees https://imgur.com/PX4nlri  49:10 Binance Halts Withdrawals https://twitter.com/binance/status/1655227965062672384 

49:30 Bitcoin is Changing https://twitter.com/ercwl/status/1655412393520889856  https://twitter.com/ercwl/status/1656069125947506688  https://twitter.com/ercwl/status/1656274017064558592  https://twitter.com/ameensol/status/1656088308450205696  https://twitter.com/LeonidasNFT/status/1656037677630730240  https://twitter.com/nic__carter/status/1655340472699584514  https://twitter.com/ercwl/status/1656104399674933249 

57:30 Brad Sherman https://twitter.com/CoinDesk/status/1656372051035209728  https://twitter.com/BradSherman/status/1653928972026093569  https://twitter.com/TrustlessState/status/1656606486217334786 

1:02:10 Lido Withdrawals https://twitter.com/POTUS/status/1655988502079602690  1:02:45 Arbitrum Revenue https://twitter.com/arbitrum/status/1656090360119017472  https://twitter.com/apolynya/status/1656115057380544514  1:05:54 Brian Armstrong UAE  https://imgur.com/n9bSjC5  1:07:30 PayPal Crypto https://www.sec.gov/ix?doc=/Archives/edgar/data/0001633917/000163391723000072/pypl-20230331.htm  1:07:45 Elon Milady NFT https://twitter.com/elonmusk/status/1656326406618619910  1:08:10 Su Zhu vs Arthur Hayes https://downloads.coindesk.com/legal/Zhu_Su_Hayes.pdf  1:09:55 Stripe Crypto OnRamp https://stripe.com/en-gb-cz/newsroom/news/fiat-to-crypto-onramp  1:10:18 Worldcoin Wallet https://twitter.com/tiagosada/status/1655569631543975937  1:12:30 David Met the Orb https://twitter.com/TrustlessState/status/1655861898162864128  1:14:30 Ethereum Attestation Service https://twitter.com/eas_eth/status/1654957376473272322  1:15:00 Bittrex Bankruptcy https://storage.courtlistener.com/recap/gov.uscourts.deb.189880/gov.uscourts.deb.189880.11.0.pdf  1:15:15 Blockworks Raise https://twitter.com/JasonYanowitz/status/1655946975072894978 

1:16:20 JOBS https://pallet.xyz/list/bankless/jobs 

1:18:00 Questions from the Nation https://www.galaxy.com/galaxyperspectives/exploring-mev-on-eigenlayer/ 

1:21:30 What David’s Bullish On https://twitter.com/nocturne_xyz/status/1653425371189227521  1:23:30 What Ryan’s Bullish On

1:27:30 MEME of the Week https://www.tiktok.com/@kitbogashow/video/7231353577535474987?lang=en 

---- 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://www.bankless.com/disclosures 

Are Democrats against Crypto? That’s the question we bring in today’s State of the Nation with New York Representative Ritchie Torres.

It seems that crypto is becoming an increasingly divisive and polarized topic in the halls of Congress, and we are hopeful that we can find some common ground on both sides of the aisle.

Crypto is good for the American people. It’s as simple as that.

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------ Topics Covered

0:00 Intro 7:00 What is MEV? 13:30 MEV is Subjective 17:15 The Oil Analogy 21:15 The Benefits of Smoothing 28:35 Builders and Proposers 38:45 Forced Centralization 44:35 Rug Pool Protection 48:30 Distribution 58:20 Pros of Burning 1:05:15 Burning on Overdrive 1:09:30 Does this Hurt Stakers? 1:13:55 Too Deflationary? 1:23:30 Monetary Premium 1:28:15 EIP-4844 1:31:00 The Engine 1:35:50 Wen?

——— Resources:

Rep. Torres https://twitter.com/RitchieTorres?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://www.bankless.com/disclosures