Bankless

Kirk Hutchison is the Co-Founder of Volt Protocol, an inflation hedged stablecoin built on Ethereum. Kirk is widely known as the gigabrain’s gigabrain when it comes to all things DeFi.

As inflation continues to rise, Kirk couldn’t have joined at a better time. However, Kirk and David dive into much more than inflation.

On this episode, Kirk explains symmetric money systems, self-referential feedback mechanisms, the problems with DeFi today, what Volt is and its future, and so much more.

------ 📣 NOTIONAL | Real DeFi Yield https://bankless.cc/Notional 

------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/ 

------ BANKLESS SPONSOR TOOLS:

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

❎ ACROSS | BRIDGE TO LAYER 2 https://bankless.cc/Across 

🏦 ROCKET POOL | STAKE YOUR ETH https://bankless.cc/RocketPool 

👻 AAVE V3 | LEND & BORROW CRYPTO https://bankless.cc/aave 

⚡️ LIDO | LIQUID ETH STAKING https://bankless.cc/lido 

🔐 LEDGER | NANO S PLUS WALLET https://bankless.cc/Ledger 

------ Topics Covered:

0:00 Intro 4:45 What Kirk Thinks About 8:36 Decentral Bank Terms Explained 13:45 What is a PSM? 18:16 The Bankless Thesis 21:20 Fully Symmetric Money System 28:05 Why is Fixed Rate a Problem? 32:12 Self-Referential Feedback Mechanisms 40:45 The Problems with DeFi Today 47:40 DeFi Utopia vs. Dystopia 1:00:55 What is Volt & Its Future? 1:09:25 Governance Token Design 1:13:35 8% Yield to Combat Inflation in DeFi 1:19:20 Closing

------ Resources:

Kirk https://twitter.com/OneTrueKirk 

Volt Protocol https://twitter.com/voltprotocol 

----- 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://newsletter.banklesshq.com/p/bankless-disclosures 

Matt Cutler is the Co-Founder and CEO of Blocknative and a gigabrain when it comes to Ethereum’s hidden power structures and all things blockchains.

As Ethereum approaches the merge, these power structures are going to change. What will this post-merge future look like? Will users get paid to use Ethereum?

Matt explains everything from first principles and it helps illustrate the complexities of everything discussed in this insightful episode. By the end of it, you’ll have a better understanding of the purpose of blockbuilders, the new post-merge roles, all things MEV, and so much more.

------ 📣 NOTIONAL | Real DeFi Yield https://bankless.cc/Notional 

------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/ 

------ BANKLESS SPONSOR TOOLS:

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

❎ ACROSS | BRIDGE TO LAYER 2 https://bankless.cc/Across 

🏦 ROCKET POOL | STAKE YOUR ETH https://bankless.cc/RocketPool 

👻 AAVE V3 | LEND & BORROW CRYPTO https://bankless.cc/aave 

⚡️ LIDO | LIQUID ETH STAKING https://bankless.cc/lido 

🔐 LEDGER | NANO S PLUS WALLET https://bankless.cc/Ledger 

------ Topics Covered:

0:00 Intro 6:27 The Reason for the Merge 10:07 The Values PoS Preserves 13:45 Blockbuilding Explained 16:35 Mining Pools & Incentive Categories 30:25 Why Decentralizing Power Matters 33:40 The Future State of Ethereum 39:21 The Post-Merge World Roles Explained 45:25 MEV Searchers vs. Blockbuilders vs. Stakers/Validators 55:45 PBS & MEV Boost & Who Are the Blockbuilders 1:03:50 Economic Rewards for Blockbuilders 1:17:19 Ethereum Will Eventually Pay Users? 1:19:40 Can Ethereum Stay Decentralized? 1:26:22 ETH The Asset 1:31:39 Where MEV Exists 1:35:16 How Blocknative Fits into All of This 1:37:30 Closing & Disclaimers

------ Resources:

Matt Cutler https://twitter.com/mcutler 

Blocknative https://twitter.com/blocknative 

End Game with Vitalik https://youtu.be/b1m_PTVxD-s 

Ultra Scalable Ethereum https://newsletter.banklesshq.com/p/ultra-scalable-ethereum 

The Guide to the Ethereum Roadmap with Jon https://youtu.be/xuLyZaty9iI 

----- 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://newsletter.banklesshq.com/p/bankless-disclosures 

4th Friday of June, 2022

------ 📣 NOTIONAL | Real DeFi Yield https://bankless.cc/Notional 

------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/ 

------ BANKLESS SPONSOR TOOLS:

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

❎ ACROSS | BRIDGE TO LAYER 2 https://bankless.cc/Across 

🏦 ROCKET POOL | STAKE YOUR ETH https://bankless.cc/RocketPool 

👻 AAVE V3 | LEND & BORROW CRYPTO https://bankless.cc/aave 

⚡️ LIDO | LIQUID ETH STAKING https://bankless.cc/lido 

🔐 LEDGER | NANO S PLUS WALLET https://bankless.cc/Ledger 

------ Topics Covered:

0:00 Intro 1:25 Markets 1:30 BTC Price 2:20 ETH Price 3:45 ETH BTC Ratio 4:40 Crypto Market Cap ETH Gas Markets https://dune.xyz/hildobby/Gas  6:00 BTC Fell https://twitter.com/DocumentingBTC/status/1538191897977569281  7:00 GPU Markets getting flooded! https://twitter.com/hms1193/status/1539172196983230464 

11:33 Voyager https://twitter.com/tier10k/status/1539578302289117185  https://twitter.com/investvoyager/status/1537919249594732544  18:30 BlockFi Raise Troubles https://twitter.com/fintechfrank/status/1537869616499896320  https://twitter.com/BlockFiZac/status/1539216594383028224  https://twitter.com/fintechfrank/status/1537869616499896320  3AC Contagion Backstopped by FTX

19:57 dYdX V4 on Cosmos https://dydx.exchange/blog/dydx-chain  26:20 Tweets from Antonio https://twitter.com/AntonioMJuliano/status/1462455087826030597  https://twitter.com/AntonioMJuliano/status/1462455083719823363  28:16 Polynya Take https://twitter.com/epolynya/thread/1539615550271156225 

32:30 Uniswap Acquires Genie! https://twitter.com/Uniswap/status/1539306956002820096  https://uniswap.org/blog/genie  34:14 ICYMI https://youtu.be/9fqJzS08pPc 

36:20 NEWS 36:47 Arbitrum Odyssey Campaign https://twitter.com/arbitrum/thread/1537942315871793154  https://twitter.com/arbitrum/status/1537942325577428993  40:05 William Peaster Article https://newsletter.banklesshq.com/p/arbitrum-odyssey-begins- 40:23 DeFi Down Bad Controversial Solend proposal https://realms.today/dao/7sf3tcWm58vhtkJMwuw2P3T6UBX7UE5VKxPMnXJUZ1Hn/proposal/HuaL6cDtuNtfnJgvwMnYiZDHVCoLAuDtVFgJD8kYChJ4  https://twitter.com/FatManTerra/thread/1538448035885240321  44:45 Bancor Pulled the Plug on IL Protection https://blog.bancor.network/market-conditions-update-june-19-2022-e5b857b39336?gi=b4ee96b34923  46:01 Spicy Hasu Take ​​https://twitter.com/hasufl/thread/1538774433359441920    49:49 Merge Watch https://twitter.com/nethermindeth/status/1538830020491333635  51:00 New Lido Validators https://twitter.com/LidoFinance/status/1539322089794043904  51:45 Swell Testnet https://twitter.com/swellnetworkio/status/1539506486199480320 

54:33 NFTs 54:34 Cryptopunks! Christie’s Web3 Expert Leaves Auction House to Run CryptoPunks for Yuga Labs https://www.coindesk.com/business/2022/06/19/christies-web3-expert-leaves-auction-house-to-run-cryptopunks-for-yuga-labs/  https://twitter.com/NonFungibleNoah/thread/1538584141419143168  https://twitter.com/nansen_intern/status/1538602437510152196  57:16 Pharrell as Chief Brand Officer of Doodles https://decrypt.co/103503/doodles-nfts-announces-pharrell-as-chief-brand-officer-fundraise-led-by-alexis-ohanian  57:35 TIME Sandbox Partnership https://twitter.com/CryptoGucci/status/1539360336620437504 

1:00:20 MISC 1:01:00 Elon Musk accused of Dogecoin Ponzi https://www.theblock.co/post/152538/tesla-ceo-elon-musk-accused-of-dogecoin-ponzi-scheme-in-new-class-action-lawsuit  https://twitter.com/RyanSAdams/status/1537513636071100417 

1:02:10 Jobs https://pallet.xyz/list/bankless/jobs 

1:04:10 RELEASES 1:04:13 Immutable X $500m Developer & Venture Fund https://twitter.com/Immutable/status/1537768342739890176  1:05:00 Tether releases British Pound Stablecoin https://www.theblock.co/post/153447/tether-british-pound-stablecoin-gbpt 

1:06:30 RAISES 1:06:33 Ex-Sushi CTO Raises $8M for NFT Lending Platform Astaria https://www.coindesk.com/business/2022/06/20/ex-sushi-cto-raises-8m-for-nft-lending-platform-astaria/  1:08:28 Magic Eden raises $130M https://techcrunch.com/2022/06/21/magic-eden-raises-130m-hitting-unicorn-status-at-1-6b-valuation/ 

1:11:15 Community Questions https://twitter.com/WEBthe3rd/status/1539668101390045184 

1:16:00 TAKES 1:16:01 Digital Tattoos https://twitter.com/Smooch_Axie/status/1537536182309081095  1:17:49 DeFi Legos vs CeFi Dominoes https://twitter.com/AnnaRRose/status/1537809640607649795  1:18:40 Coinbase Dicking Around https://twitter.com/pythianism/status/1537474024351051776 

1:20:49 What Anthony’s Bullish On https://thedailygwei.substack.com/  https://www.youtube.com/c/TheDailyGwei/videos  1:23:00 What David’s Bullish On https://twitter.com/BanklessHQ/status/1539663872331620352 

1:24:10 MEME of the Week https://twitter.com/CryptoKaleo/status/1537574446998949888 

----- Not financial or tax advice. https://newsletter.banklesshq.com/p/bankless-disclosures 

Mark Cuban of ABC’s Shark Tank, owner of the Mavs, and seasoned entrepreneur and investor joins us for Round Two of Bankless.

Hear what Mark’s been up to since his first Bankless appearance, how he explains crypto to noobs (hint: he doesn’t), what he envisions next for crypto, how long he believes the bear will last and so much more!

------ 📣 NOTIONAL | Real DeFi Yield https://bankless.cc/Notional 

------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/ 

------ BANKLESS SPONSOR TOOLS:

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

❎ ACROSS | BRIDGE TO LAYER 2 https://bankless.cc/Across 

🏦 ROCKET POOL | STAKE YOUR ETH https://bankless.cc/RocketPool 

👻 AAVE V3 | LEND & BORROW CRYPTO https://bankless.cc/aave 

⚡️ LIDO | LIQUID ETH STAKING https://bankless.cc/lido 

🔐 LEDGER | NANO S PLUS WALLET https://bankless.cc/Ledger 

------ Topics Covered:

0:00 Intro 4:50 What Mark’s Been Up To? 6:20 2017 vs. 2022 Cycle Differences 7:10 Mark’s Crypto Interest Development 16:56 How to Explain Crypto to Noobs 20:21 Macro Components to the Bear 26:10 ETH vs. BTC 30:37 Payments 32:51 What’s Next For Crypto? 34:20 How Long Will the Bear Last? 38:50 Where Mark’s the Most Optimistic 45:50 ReFi, Positivity, & Advice

------ Resources:

Mark Cuban https://twitter.com/mcuban 

1st Appearance on Bankless https://youtu.be/l3ptz8qvZcg 

----- 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://newsletter.banklesshq.com/p/bankless-disclosures 

Just in time for NFT NYC, Hayden Adams comes to Bankless to reveal some secret announcement!

------ 📣 NOTIONAL | Real DeFi Yield https://bankless.cc/Notional 

------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/ 

------ BANKLESS SPONSOR TOOLS:

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

❎ ACROSS | BRIDGE TO LAYER 2 https://bankless.cc/Across 

🏦 ROCKET POOL | DECENTRALIZED ETH STAKING https://bankless.cc/RocketPool 

👻 AAVE V3 | LEND & BORROW CRYPTO https://bankless.cc/aave 

⚡️ MAKER DAO | THE DAI STABLECOIN https://bankless.cc/MakerDAO 

🦁 BRAVE | THE BROWSER NATIVE WALLET https://bankless.cc/Brave 

------ Timestamps: 0:00 Intro 5:15 Feelings Check-In 11:30 Uniswap Labs vs. Uniswap Protocol 23:47 Huge Uniswap Announcement 31:34 NFTs & Uniswap 36:15 Uniswap Airdrop?! 41:06 Is Genie Pivoting? 43:54 The Future of Uniswap Labs 50:18 Closing & Disclaimers

------ Resources:

Hayden on Twitter: https://twitter.com/haydenzadams 

Announcement: https://uniswap.org/blog/genie 

----- 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://newsletter.banklesshq.com/p/bankless-disclosures 

How do DAOs go from monolithic to modular? Julia aka Julz Rosenburg has the answer. Julz is the Co-Founder of Orca Protocol, a project trying to uncomplicate coordination by mirroring human coordination. How? One word: Pods!

In their current state, most DAOs have coordination and hierarchical problems. However, with the help of Julz and the Orca Protocol team, this won’t always be the case.

Why are pods essential for the future of DAOs and work? What obstacles stand in the way to achieve this future? Why aren’t you pod-pilled yet? Answers to these questions and so much more in the episode.

------ 📣 NOTIONAL | Real DeFi Yield https://bankless.cc/Notional 

------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/ 

------ BANKLESS SPONSOR TOOLS:

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

❎ ACROSS | BRIDGE TO LAYER 2 https://bankless.cc/Across 

🏦 ROCKET POOL | STAKE YOUR ETH https://bankless.cc/RocketPool 

👻 AAVE V3 | LEND & BORROW CRYPTO https://bankless.cc/aave 

⚡️ LIDO | LIQUID ETH STAKING https://bankless.cc/lido 

🔐 LEDGER | NANO S PLUS WALLET https://bankless.cc/Ledger 

------ Topics Covered:

0:00 Intro 4:31 What Julz is Here To Do 9:07 History & Summary of Governance 14:48 Trustware vs. Socialware 20:43 Innovation on the Trustware Layer 22:16 Orca Protocol 25:10 Why Pods Matter 30:30 DAO Governance Critiques 36:07 The U.S. Governance System 39:10 The Future of Work 43:34 Monolithic to Modular DAOs 48:05 DAO Metaphors 50:42 How to Get Culture to Scale Exponentially 56:03 Pod Coordination 57:40 DAO Governance Optimism 59:28 Julz’s Advice & Resources for DAOs 1:01:18 Orca’s Product & Capturing Resources

------ Resources:

Julz on Twitter https://twitter.com/JulzRoze 

Orca Protocol https://www.orcaprotocol.org/  https://twitter.com/OrcaProtocol 

----- 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://newsletter.banklesshq.com/p/bankless-disclosures 

✨ DEBRIEF ✨ | Ryan & David's Unfiltered Thoughts on the Episode https://shows.banklesshq.com/p/123-the-chainsmokers-debrief 

------

Drew Taggart and Alex Pall make up The Chainsmokers, one of the most popular electronic music groups in the world. Music isn’t their only passion, though. In their latest album, “So Far So Good,” they experimented with music NFTs via the Royal platform.

As some of the most successful creators and also investors, Drew and Alex are reshaping what it means to be a creator. With community at the forefront, The Chainsmokers are a duo that you should be paying closer attention to.

How did The Chainsmokers come to be so successful? What are their plans for the future of their crypto trajectory and community? Answers to these questions and so much more in the interview!

------ 📣 NOTIONAL | Real DeFi Yield https://bankless.cc/Notional 

------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/ 

------ BANKLESS SPONSOR TOOLS:

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

❎ ACROSS | BRIDGE TO LAYER 2 https://bankless.cc/Across 

🏦 ROCKET POOL | STAKE YOUR ETH https://bankless.cc/RocketPool 

👻 AAVE V3 | LEND & BORROW CRYPTO https://bankless.cc/aave 

⚡️ LIDO | LIQUID ETH STAKING https://bankless.cc/lido 

🔐 LEDGER | NANO S PLUS WALLET https://bankless.cc/Ledger 

------ Topics Covered:

0:00 Intro 4:28 How the Chainsmokers Came to Be 16:05 Developing a Business Mindset 25:32 Alex & Drew’s Chemistry 34:42 Jumping into Investing 38:24 The Mantis Thesis 44:08 Investing, Music, & Product Market Fit 46:50 The Chainsmokers Investing Stigma 53:08 Activist Investing 1:01:14 The Chainsmoker’s Entrance into Web3 1:09:20 The Chainsmoker’s Mint with Royal 1:19:02 What Happens Next? 1:25:08 Alex & Drew’s Crypto Portfolio 1:27:20 Closing & Disclaimers

------ Resources:

The Chainsmokers https://thechainsmokers.com/ 

Mantis VC https://www.mantisvc.com/ 

The New Chainsmokers Album https://open.spotify.com/album/1CxCEPIZbaE28qUDW4wN0t 

Royal https://royal.io/ 

----- 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://newsletter.banklesshq.com/p/bankless-disclosures 

3rd Week of June, 2022

 

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📣 NOTIONAL | Real DeFi Yield

https://bankless.cc/Notional

 

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🚀 SUBSCRIBE TO NEWSLETTER:          https://newsletter.banklesshq.com/  

🎙️ SUBSCRIBE TO PODCAST:                 http://podcast.banklesshq.com/  

 

------

BANKLESS SPONSOR TOOLS: 

 

⚖️ ARBITRUM | SCALED ETHEREUM

https://bankless.cc/Arbitrum

 

❎ ACROSS | BRIDGE TO LAYER 2

https://bankless.cc/Across

 

🏦 ROCKET POOL | STAKE YOUR ETH

https://bankless.cc/RocketPool

 

👻 AAVE V3 | LEND & BORROW CRYPTO

https://bankless.cc/aave

 

⚡️ LIDO | LIQUID ETH STAKING

 https://bankless.cc/lido  

 

🔐 LEDGER | NANO S PLUS WALLET

https://bankless.cc/Ledger 

 

------

Topics Covered:

 

0:00 Intro

3:00 Markets

3:30 BTC Price

4:10 ETH Price

5:35 ETH BTC Ratio

6:35 Crypto Market Cap

https://imgur.com/Khft6ly

10:04 ETH Gas Markets

https://dune.xyz/hildobby/Gas

11:40 Capital D Depression?

15:40 The 5 Stages of Grief

 

23:06 The Fed

25:10 Inflation

https://twitter.com/srust99/status/1535311767051685891?s=21&t=uylJWSACuCRyhn4c3X_4Pw

27:40 Raising Rates

https://www.cnbc.com/2022/06/15/fed-hikes-its-benchmark-interest-rate-by-three-quarters-of-a-point-the-biggest-increase-since-1994.html

31:15 Era of Low Rates

https://twitter.com/pythianism/status/1537291975874883585?s=20&t=L-NPx2mHtEVnbQo7zXX9PQ

32:50 It’s a Gift

https://twitter.com/ryansadams/status/1537158104114249729?s=21&t=dDY8P_LAR1_l4i7kHtYHsg

34:15 Forced Sellers

https://twitter.com/spencernoon/status/1537118361741574146?s=20&t=rFijGueucmaFaUe8vAbFYw

 

36:30 Celsius Insolvent

https://twitter.com/celsiusnetwork/status/1536169010877739009?s=21&t=jPTE4Q71OVuWgL63RjqckQ

38:36 Explaining Celsius

https://coinmetrics.substack.com/p/state-of-the-network-issue-159?s=r

44:47 Fake DeFi

https://twitter.com/jonwu_/status/1536476104986267648?s=20&t=Vq6402VVpR6g6H27i7Xz4A

 

53:21 Three Arrows Capital

https://twitter.com/coindesk/status/1536993553301266434?s=21&t=BUJLJpC8IiMIFpvOmBVjKg

54:40 3AC Thread

https://twitter.com/Danny8BC/thread/1537224378554806272

57:48 Su Zhu Speaks

https://twitter.com/zhusu/status/1536876343815983104?s=20&t=HHew8akRu1alggguMYy9NQ

1:00:10 Robert Leshner Take

https://twitter.com/rleshner/status/1536928363276812289?s=20&t=CwUW9f9evuUGwa5jRU8XXg

1:00:57 Controversial Meme

https://twitter.com/BanklessHQ/status/1536905741763846144?s=20&t=BRC7aGq6m6LGboJZq_OwKg

1:02:15 Not the End

https://twitter.com/RyanSAdams/status/1537028975918125057?s=20&t=T-ZfuPh-m06xSIGoR1Xk4Q

 

1:03:05 Layoffs

https://twitter.com/coinbase/status/1536682940347785216?s=20&t=34AeABxOaZm6K4-kgFBJaQ

Binance Hiring: https://twitter.com/cz_binance/status/1537013824666095617?s=20&t=L-NPx2mHtEVnbQo7zXX9PQ

 

1:05:30 Jobs

https://pallet.xyz/list/bankless/jobs

 

1:08:00 NEWS

1:09:30 Optimism Exploit Returned

https://thedefiant.io/stolen-op-returned/

1:11:05 Difficulty Bomb Delay

https://decrypt.co/102703/ethereum-core-devs-delay-crucial-difficulty-bomb-for-two-months

1:13:30 NYSE Prez to Uniswap

https://twitter.com/Uniswap/status/1537081901839695872?s=20&t=2jKMZplOlLuYaxMvDnp6Lg

 

1:15:08 NFTs

https://thedefiant.io/nft-roundup-goblintown/

 

1:18:30 Jack Dorsey’s Web5

https://www.theblockcrypto.com/linked/151407/jack-dorseys-bitcoin-venture-tbd-unveils-proposal-for-decentralized-web-platform

1:22:25 Throwing Shade

https://twitter.com/pmarca/status/1535375413630840832?s=20&t=Q-9W07htZY811X3QGj6Utw

1:24:18 Coin Center Sues IRS

https://www.theblockcrypto.com/linked/151515/coin-center-sues-treasury-and-irs-claims-tax-reporting-rule-unconstitutional

1:25:40 Circle Euro Coin

https://twitter.com/jerallaire/thread/1537421727625580545

 

1:26:20 RELEASES

Lens Share: https://twitter.com/apoorvlathey/status/1536428243280007168?s=20&t=KPGASdjLzPuL6mrl8WoddA

Hop Claim: https://twitter.com/HopProtocol/thread/1534963591698427909

Seaport: https://twitter.com/opensea/thread/1536756396158599168

 

1:30:00 Community Questions

1:30:30 stETH Lido

https://twitter.com/KristinaKlaudy1/status/1537425505095385089?s=20&t=9J79BYVgOjRrdzG-u4-vOg

1:34:35 ETH Price

https://twitter.com/dragondad123/status/1537424723063189505?s=20&t=9J79BYVgOjRrdzG-u4-vOg

 

1:37:00 TAKES

1:37:20 Government Names

https://twitter.com/VitalikButerin/status/1535211774697414660?s=20&t=ggAxpBT3HGy2Kyd0GGws2A

1:39:20 DeFi Takes

https://twitter.com/TrustlessState/status/1537111461729902602?s=20&t=Um_PxwyiA4JfqLnUObMuhw

https://twitter.com/RyanSAdams/status/1536179744638701570?s=20&t=6MVEsJtRhj-LxWS50gvz2A

https://twitter.com/mhonkasalo/status/1536837789345521664?s=20&t=GS6fjA8AGrPT7IASGpmFYg

 

1:42:18 What David’s Bullish On

https://newsletter.banklesshq.com/p/8-projects-im-bullish-on-this-bear

1:45:40 What Ryan’s Bullish On

https://twitter.com/ryansadams/status/1537036424507432960?s=21&t=BUJLJpC8IiMIFpvOmBVjKg

 

1:48:10 MEMEs of the Week

https://twitter.com/chrisjbakke/status/1536387971145867264?s=21&t=bY_7p77hrpQbvSu0Rko-IA

Transitory

https://www.reddit.com/r/wallstreetbets/comments/vapx46/is_that_inflation/?utm_source=share&utm_medium=ios_app&utm_name=iossmf

 

-----

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://newsletter.banklesshq.com/p/bankless-disclosures

Tell us the truth, Jim. Are we doomed?

------  METAMASK | The Easiest Buy in Crypto https://bankless.cc/buy 

------  SUBSCRIBE TO NEWSLETTER:          https://newsletter.banklesshq.com/    ️ SUBSCRIBE TO PODCAST:                 http://podcast.banklesshq.com/   

------ BANKLESS SPONSOR TOOLS: 

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

 ACROSS | BRIDGE TO LAYER 2 https://bankless.cc/Across 

 ROCKET POOL | DECENTRALIZED ETH STAKING https://bankless.cc/RocketPool 

 AAVE V3 | LEND & BORROW CRYPTO https://bankless.cc/aave 

️ MAKER DAO | THE DAI STABLECOIN  https://bankless.cc/MakerDAO  

 BRAVE | THE BROWSER NATIVE WALLET https://bankless.cc/Brave 

----- Topics Covered:

0:00 Intro 5:30 Why is Inflation Breaking Everything? 9:55 Indicators 12:36 Is inflation a big deal? 16:51 Destroying Wealth 21:13 Bond Markets 27:45 Bonds and Interest Rates 31:51 Volatile Commodities 34:35 Oil 38:45 Reducing Spending 46:00 The Global Markets 54:30 The Meta Black Swan Event 1:00:20 Bankrupting Sovereigns 1:07:45 The Great Reorganization 1:12:00 What Happens Next? 1:15:40 Closing

----- Resources:

Jim Bianco: https://twitter.com/biancoresearch?s=20&t=tFtQalkxjU6PAptGxFkfaQ 

Tweets from the Episode: https://twitter.com/biancoresearch/status/1536183102506139648?s=20&t=BC9X_HA07wKzkMkPMt4yIQ  https://www.economist.com/finance-and-economics/2022/04/23/does-high-inflation-matter  https://twitter.com/biancoresearch/status/1536204256801349635?s=20&t=nQxIOLDkCDCR8q_6--wwpw  https://twitter.com/biancoresearch/status/1536713031849213956?s=20&t=pia3hx_qRgKaxNl0G-LyuA  https://twitter.com/LukeGromen/status/1534990729042444301?s=20&t=N11OFoW-n62j2CrzrYUiBw  https://twitter.com/robustus/status/1535645524556230656?s=20&t=oMjZY63pCEofa4VDbWjaaQ 

----- 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://newsletter.banklesshq.com/p/bankless-disclosures 

Livestreamed Tuesday June 14th @ 10am EST

Ryan and David cover some of the current news in the market, and discuss bear market emotions.

If you need a shoulder to lean on, we gotchu fam.

------ 📣 METAMASK | The Easiest Buy in Crypto https://bankless.cc/buy 

------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/ 

------ BANKLESS SPONSOR TOOLS:

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

❎ ACROSS | BRIDGE TO LAYER 2 https://bankless.cc/Across 

🏦 ROCKET POOL | DECENTRALIZED ETH STAKING https://bankless.cc/RocketPool 

👻 AAVE V3 | LEND & BORROW CRYPTO https://bankless.cc/aave 

⚡️ MAKER DAO | THE DAI STABLECOIN https://bankless.cc/MakerDAO 

🦁 BRAVE | THE BROWSER NATIVE WALLET https://bankless.cc/Brave 

------ Topics Covered:

0:00 Intro 3:50 How David Feels About the Bear 7:15 How Ryan Feels About the Bear 12:15 1st Time Cyclers 20:39 Veteran Cyclers 23:23 What Happened with Prices 30:50 Where's the Bottom? 37:40 What's Driving the Bear Market? 51:32 The Bull Case for Recovery 1:01:56 Conviction, When & How Much to Buy 1:05:04 Concluding Advice 1:10:53 Closing & Disclaimers

----- 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://newsletter.banklesshq.com/p/bankless-disclosures