Bankless

Charles Guillemet is the CTO at Ledger with a highly experienced background in cryptography  and hardware security. 

In today’s episode, Charles walks through all levels of security. No matter if you’re just beginning your wallet security journey or if youre a veteran, this episode will teach you something new about all things crypto and wallet security. 

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------ Topics Covered

0:00 Intro 5:52 CTO of Ledger 8:35 Private Keys  17:25 Avoiding Bad Entropy  23:11 Private Keys & Seed Phrases 29:00 Mistakes Storing Seed Phrases 36:55 Securing Your Seed Phrase  45:00 Overengineer Wallet Security 47:55 Cold vs. Hot Wallets  54:22 Benefits of Hot Wallets  58:47 Smart Contract Risk  1:06:45 Allowances  1:11:30 Allowance Access  1:14:00 Blind Signing  1:18:00 Solution to Blind Signing  1:21:38 Resources to Learn More 1:22:22 Closing & Disclaimers 

------ Resources:

Charles Guillemet 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 

Annie Jacobsen is an investigative journalist and author writes about war, weapons, government secrecy, and national security. She’s written books on the secrets of Area 51, and the Pentagon’s military science R&D efforts over the decades.

------ ✨ DEBRIEF | Unpacking the episode:  https://shows.banklesshq.com/p/annie-jacobsen-debrief    ------ ✨ COLLECTIBLES | Collect this episode:  https://collectibles.bankless.com/mint 

------ Our guest Annie Jacobsen has spent her career interviewing and studying intelligence agencies.

The 2023 crypto movement is sufficiently large enough that it has certainly attracted the attention of every intelligence agency out there. We want to learn about how the world’s intelligence agencies might have or are interacting with the crypto community. 

Is the CIA spying on crypto? Our guest Annie gives us her thoughts.

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👻 PHANTOM | #1 SOLANA WALLET https://bankless.cc/phantom-waitlist 

------ Topics Covered

0:00 Intro 8:00 Three Letter Agencies 14:40 Annie’s Work 17:33 Crypto Patterns 20:48 State vs. Non-State Actors 27:35 Satoshi  33:18 Government’s Crypto Interest? 38:05 The Different Intelligence Communities 46:56 North Korea-Linked Lazarus Group 51:46 Untapped Crypto Lands 56:20 The Internet Analogy 1:02:26 The Intelligence Community Crypto Strategy 1:04:45 CIA Hedge Fund 1:12:03 Is My Friend in the CIA? 1:19:46 Totalitarian Tools 1:23:58 Is Crypto a Win for the Intelligence Community? 1:28:15 How Should We Perceive the Intelligence Community? 1:31:16 Closing & Disclaimers   ------ Resources:

Annie Jacobsen https://anniejacobsen.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 

In today's show, we bring on Ben Jones, Chief Scientist of the Optimism Foundation, Karl Floersch, CTO at OP Labs, and Jing Wang, Executive Director of Optimism Foundation 

The five discuss Coinbase's Base launch, the OP Stack integration, and what it means for the Superchains vision! 

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 EARNIFI | CLAIM YOUR UNCLAIMED AIRDROPS https://bankless.cc/earnifi  

------ Timestamps:

0:00 Intro 6:20 Sentiment at Optimism 7:00 Biggest Deal with the News? 11:28 Reflection on Coinbase's Base 15:45 OP Stack 17:15 Is Base a Competitor? 20:53 Puberty State of Chains 33:30 Superchains 40:35 Security of the Superchains 44:35 Superchain Standards  51:51 Base Decentralization Timeline? 57:10 Closing & Disclaimers 

------ Resources:

Coinbase Base Announcement https://www.coinbase.com/blog/introducing-base 

Optimism + OP STack Details https://optimism.mirror.xyz/2jk3D1Y8-hid8YOCUUa6yXmsyzNCYYyFJP0Nhaey9x0 

Ben Jones  https://twitter.com/ben_chain 

Karl Floersch https://twitter.com/karl_dot_tech 

Jing Wang https://twitter.com/jinglejamop 

----- 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 Last Week of February 2023

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🚁 EARNIFI | CLAIM YOUR UNCLAIMED AIRDROPS https://bankless.cc/earnifi  

👻 PHANTOM | CROSS-CHAIN WALLET https://bankless.cc/phantom 

------ Topics Covered

0:00 Intro 4:33 Markets 6:18 Total Crypto Market Cap 6:28 FOMC minutes https://www.federalreserve.gov/newsevents/pressreleases/monetary20230222a.htm  7:43 ETH Burn take https://ultrasound.money/  https://twitter.com/data_always/status/1626397473559261186  

12:10 Arbitrum Hot https://twitter.com/purplepill3m/status/1628205181836963841   https://twitter.com/BFreshHB/status/1628211402174345219   13:55 Coinbase Q4 earnings  https://twitter.com/moosecryptos/status/1628191828569735168  

17:57 Base https://twitter.com/BuildOnBase/status/1628759581353549825   33:45 Apps on the move https://twitter.com/MacroMate8/status/1628762951435051008   34:20 Jesse Tweet https://twitter.com/jessepollak/status/1628765413289996288  

35:55 SEC Sues Terraform Labs and Do Kwon  https://cointelegraph.com/news/sec-sues-do-kwon-and-terraform-labs-for-fraud  https://www.coindesk.com/consensus-magazine/2023/02/17/4-huge-revelations-in-the-secs-charges-against-do-kwon-and-terraform-labs/   https://twitter.com/RyanSAdams/status/1627662054722097157   https://twitter.com/cyounessi1/status/1627881740290097153   https://twitter.com/MikeSeligEsq/status/1626976949766684675  

49:05 Spotify rolling out token gating https://twitter.com/apoorvlathey/status/1628496224818184192   51:51 The Shapella network upgrade scheduled https://twitter.com/TimBeiko/status/1628145316271894528  52:32 Flashbots announced MEV Shares  https://twitter.com/bertcmiller/status/1625878260025380865  54:30 Layoffs https://www.theblock.co/post/213586/polygon-labs-cuts-staff-by-20-in-consolidation  https://twitter.com/CoinDesk/status/1628316333015179264  

55:44 NBA Top Shot Moments  NFTs May Be Securities https://www.coindesk.com/policy/2023/02/22/nbas-top-shot-nfts-may-be-securities-judge-rules-in-dapper-labs-case/  57:15 OpenSea pushing back to Blur  https://twitter.com/opensea/status/1626682043655507969  

59:35 BTC https://twitter.com/paddi_hansen/status/1628002503932657664  

1:01:53 Regulation Caitlin Long’s shame on Washington https://twitter.com/CaitlinLong_/status/1626661344316473346   1:03:35 Jesse Powell https://twitter.com/jespow/status/1626744111498940417   https://twitter.com/jespow/status/1627415364111040513  

1:06:20 Collab.land launching COLLAB token  https://twitter.com/Collab_Land_/status/1626253185210884101   1:07:08 Superfluid Vesting just went live  https://www.superfluid.finance/post/Superfluid-Vesting-Liquid-Composable-Vesting-Solution  1:08:10 Phi raised a $2M seed round https://twitter.com/phi_xyz/status/1626642707597910016 

1:10:17 Jobs https://pallet.xyz/list/bankless/jobs

1:13:00 Questions from the Nation

1:1:21:50 Elon Musk https://twitter.com/elonmusk/status/1628086895686168613    1:25:08 Frank DeGods https://twitter.com/frankdegods/status/1626132578020528128   1:25:45 When shilling tokens is justified https://twitter.com/trustlessstate/status/1626359069547065347   1:27:45 “Can you stop people from being dumb?” https://twitter.com/0xEdgar/status/1626363432743190530   1:30:12 Web2 vs Web3 me https://twitter.com/pacmanblur/status/1628223367487848451  

1:31:04 What David’s Bullish On 1:32:08 What Ryan’s Bullish On

1:35:55 MEME of the Week https://twitter.com/autismcapital/status/1626708728019046400  

1:37:08 Risks & Disclaimers

1:37:23 Moment of Zen The Ballad of Alexey by El-Coco-No https://opensea.io/assets/ethereum/0x495f947276749ce646f68ac8c248420045cb7b5e/81421613810573034294030626655533735961574085130976774099250220325335449207784  

---- Track: Flume Type Beat [Futuristic Future Bass] by MokkaMusic / No Rules https://www.youtube.com/watch?v=fsZ_RHBDP2Q&t=0s   Music provided by "MokkaMusic" channel and https://inaudio.org 

---- 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 

Jesse Pollock, Senior Director of Engineering at Coinbase, joins us to unpack some of the hottest news in crypto since The Merge! 

Coinbase announces the launch of “Base,” their own L2 built on the OP Stack. Tune in to hear everything you need to know about Base! 

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

👻 PHANTOM | #1 SOLANA WALLET https://bankless.cc/phantom-waitlist 

------ Topics Covered

0:00 Intro 7:53 Coinbase’s New Chain? 8:45 What is Base?  9:36 How is Base Different? 11:16 How Open is Base? 13:05 Why Now?  17:00 ETH L2 Philosophy  20:00 2nd Mover Advantage & Success Metric 22:26 Total Coinbase Users 25:15 How Base Will be Used By Coinbase Users 29:35 $COIN 31:13 Could Base Canoblize Coinbase?  32:35 Regulation  35:30 Base Token?!  40:26 Validator Set  39:10 Sequencer Power 40:53 Timeline  42:55 Basechain Vision  48:55 Why OP Stack? 52:57 Jesse as a Badge Member   54:47 Gas-Free Percentage 56:22 Superchain Vision 58:46 KGZ Ceremony  1:00:41 What Does Successful Base Look Like?  1:06:13 Closing & Disclaimers 

------ Resources:

Jesse Pollak (jesse.xyz) https://twitter.com/jessepollak 

Coinbase https://twitter.com/coinbase 

----- 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 

In today's episode, Jon unpacks his relatively controversially titled new piece, "ETH Is Not Ultrasound Money: Part 1"

Is ETH doomed? Was Ultrasound money a myth? Tune in to hear Jon's arguments. 

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 EARNIFI | CLAIM YOUR UNCLAIMED AIRDROPS https://bankless.cc/earnifi  

------ Timestamps:

0:00 Intro 5:06 Jon's Argument 11:30 Triple Point Asset Thesis 17:52 ETH 18:53 The Disagreement 22:10 Semantics  26:40 Profit  30:00 PoW vs. PoS 33:15 Does Issuance Matter? & L1s & L2s 37:57 Blockchain Sustainability  42:00 Deflation vs. Inflation Value 47:50 How is Jon's Argument Bullish? 51:35 Alt L1s Issuance 59:20 Jon's Model Spreadsheet 1:17:53 Closing & Disclaimers

------ Resources:

Jon Charbonneau https://twitter.com/jon_charb 

Jon's Essay https://joncharbonneau.substack.com/p/eth-is-not-ultrasound-money-part 

Jon's Model Spreadsheet https://docs.google.com/spreadsheets/d/1UlxKC98STwN-AoonytC-qOscZ_99fAMpMvB6EfGGe9E/edit#gid=0 

----- 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 

In today’s episode, we’re talking to Frank DeGods, from the DeGods project, an NFT project that’s recently migrated to Polygon. We also brought on Zhuoxun Yin, Co-Founder and COO of Magic Eden, an NFT marketplace also migrating to Polygon. And last, but certainly not least, we’re also joined by Stani Kulechov, Founder and CEO of the Aave companies, which is bootstrapping Lens, a social media ecosystem on top of Polygon.  

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

👻 PHANTOM | #1 SOLANA WALLET https://bankless.cc/phantom-waitlist 

------ Topics Covered

0:00 Intro 7:02 Why Polygon? 13:45 Solana vs. Polygon 25:30 NFT Trajectories  35:00 Lens on Other Chains? 41:09 Supernets 43:20 The Lens & Polygon Focal Point 48:10 Ecosystem Metrics  1:00:00 Polygon #3 Community?  1:05:30 Lens, Content, & Metrics 1:12:25 Closing & Disclaimers 

------ Resources:

Frank https://twitter.com/frankdegods 

Zhuoxun Yin  https://twitter.com/ZhuoxunYin 

Stani https://twitter.com/StaniKulechov  

----- 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 

Debriefing the episode with Eliezer Yudkowsky. This one was so good, we had to share. The fate of humanity might depend on it.

The Debrief Episode goes out EVERY MONDAY for Bankless Citizens. Want the Debrief Episode? Get the Premium RSS feed by Subscribing to Bankless!

WATCH THE FULL EPISODE HERE: https://youtu.be/gA1sNLL6yg4 

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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://www.bankless.com/disclosures 

Eliezer Yudkowsky is an author, founder, and leading thinker in the AI space.

------ ✨ DEBRIEF | Unpacking the episode:  https://shows.banklesshq.com/p/debrief-eliezer    ------ ✨ COLLECTIBLES | Collect this episode:  https://collectibles.bankless.com/mint 

------ We wanted to do an episode on AI… and we went deep down the rabbit hole. As we went down, we discussed ChatGPT and the new generation of AI, digital superintelligence, the end of humanity, and if there’s anything we can do to survive.

This conversation with Eliezer Yudkowsky sent us into an existential crisis, with the primary claim that we are on the cusp of developing AI that will destroy humanity. 

Be warned before diving into this episode, dear listener. Once you dive in, there’s no going back.

------ 📣 MetaMask Learn | Learn Web3 with the Leading Web3 Wallet https://bankless.cc/

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

👻 PHANTOM | #1 SOLANA WALLET https://bankless.cc/phantom-waitlist 

------ Topics Covered

0:00 Intro 10:00 ChatGPT 16:30 AGI 21:00 More Efficient than You 24:45 Modeling Intelligence 32:50 AI Alignment 36:55 Benevolent AI 46:00 AI Goals 49:10 Consensus 55:45 God Mode and Aliens 1:03:15 Good Outcomes 1:08:00 Ryan’s Childhood Questions 1:18:00 Orders of Magnitude 1:23:15 Trying to Resist 1:30:45 Miri and Education 1:34:00 How Long Do We Have? 1:38:15 Bearish Hope 1:43:50 The End Goal

------ Resources:

Eliezer Yudkowsky https://twitter.com/ESYudkowsky 

MIRI https://intelligence.org/

Reply to Francois Chollet https://intelligence.org/2017/12/06/chollet/ 

Grabby Aliens https://grabbyaliens.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 

In today's episode, we're talking about the state of crypto regulation across the pond. Is it as bad over there as it is here in the United States? 

There is a landmark crypto bill over in the EU called MiCA (Markets in Crypto-Assets) and its worth paying attention to!

We brought on some EU regulation experts, Rebecca Rettig, Chief Policy Officer @ Polygon Labs, Seth Hertlein, VP, Global Head of Policy @ Ledger, and Patrick Hansen Director of EU Strategy and Policy @ Circle.

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

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

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

 EARNIFI | CLAIM YOUR UNCLAIMED AIRDROPS https://bankless.cc/earnifi  

------ Timestamps:

0:00 Intro 4:45 Pond Temperature  9:30 U.S. vs. the EU Regulation 13:30 Is MiCA Passed? 15:50 Should the U.S. Be Jealous? 18:30 MiCA Grading  20:55 DCCA Grading 22:22 MiCA Stablecoins  29:35 EU Restrictions  37:36 MiCA Self-Custody 44:22 Fear Ideology  46:40 U.S. vs. EU Regulation & Innovation 51:40 Closing Thoughts  58:50 Disclaimers

------ Resources:

Seth Hertlein https://twitter.com/SethHertlein 

Patrick Hansen https://twitter.com/paddi_hansen 

Rebecca Rettig https://twitter.com/RebeccaRettig1 

----- 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