blockchain innovation

Today’s episode is about exploring the frontier of tokens on Bitcoin with guest Casey Rodarmor. Casey is the creator of the Ordinals Protocol, a harmless protocol that simply allowed for arbitrary data to be inscribed into individual Bitcoin UTXOs, creating what are called Bitcoin NFTs. He is now also the creators of Runes, a second protocol, working to bring fungible tokens to Bitcoin. 

Bitcoin is changing and Casey appears to be one of main reasons for the change. Soon he’ll be unveiling a new protocol standard for Bitcoin - called Runes, which wants to be a bitcoin-native version of fungible tokens, on the Bitcoin L1 - which is going to be the topic of the show today.

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TIMESTAMPS

0:00 Intro
5:00 The Guy Who Changed Bitcoin
10:21 Why Casey’s Building
16:45 Ordinals Cultural Shift
22:43 Runes
31:40 The Ord Standard 
45:27 Bitcoin Blocks & Blockspace Limit
57:47 Bitcoin Innovation Implications 
1:02:41 Rune Parameters
1:11:20 The First Runes (Uncommon Goods) 
1:14:34 Timeline on Runes & Trading Ecosystem
1:17:12 The Future of Runes/Ordinals
1:19:48 The Bitcoin Renaissance 
1:21:34 Winning Over Bitcoin Maximalists
1:23:45 Casey’s Podcast    
1:24:58 Runes Team
1:26:37 Closing & Disclaimers 
 
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RESOURCES

Casey’s 1st Bankless Episode 
https://youtu.be/ktL77zEWcEc 

Casey’s Twitter
https://twitter.com/rodarmor  

Casey’s Hellmoney Podcast 
https://www.youtube.com/channel/UCflejnUswWof6yEMk9dRzOA 

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

Dan Held is a widely known educator in the Bitcoin Universe. Formerly the director of growth marking at Kraken, he’s now an independent content creator at the Held Report and an advisor to Trust Machines.

In today’s State of the Nation, we explore a new extremist sub-division of the Bitcoin movement: Bitcoin Fundamentalism.

Is there a divide growing in the Bitcoin Community? Why are Dan Held and other Bitcoiners frustrated with this cohort? What is Bitcoin Fundamentalism, and what does it mean for the future direction of the Bitcoin Community?

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https://bankless.cc/Galxe 

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Topics Covered

0:00 Intro
8:00 Say No To Bitcoin Fundamentalism
13:10 What is Fundamentalism?
21:00 Nic Carter
27:12 Brain Drain
31:00 The Rationalists
39:00 Wealthy then Healthy
44:00 Cyber Hornets
53:40 What’s at Stake Here?
1:01:00 Trust Machine
1:03:32 The Bitcoin Ecosystem

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Resources:

Dan Held
https://twitter.com/danheld 
Trust Machines
https://twitter.com/trustmachinesco 
The Held Report
https://www.theheldreport.com/ 
Nic Carter Episode
https://youtu.be/BjTeLtuKs1A 

-----
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 

My guest today is Alok Vasudev. Alok is an early-stage investor who has been in the crypto space for a very long time. Before co-founding Standard Crypto, he was an investor at Benchmark and S28 Capital. Given Alok's experience and the prevailing mood right now in crypto, this is a particularly interesting discussion on the ecosystem writ large. We discuss whether the bubble can be thought of as productive speculation, his views on skeptics in the space, and look at some big, potentially, underestimated ideas. Please enjoy my conversation with Alok Vasudev.   For the full show notes, transcript, and links to mentioned content, check out the episode page here.   -----   This episode is brought to you by Canalyst. Canalyst is the leading destination for public company data and analysis. If you're a professional equity investor and haven't talked to Canalyst recently, you should give them a shout. Learn more and try Canalyst for yourself at canalyst.com/Patrick.    -----   Today's episode is brought to you by Brex. Brex is the integrated financial platform trusted by the world's most innovative entrepreneurs and fastest-growing companies. With Brex, you can move money fast for instant impact with high-limit corporate cards, payments, venture debt, and spend management software all in one place. Ready to accelerate your business? Learn more at brex.com/best.   -----   Invest Like the Best is a property of Colossus, LLC. For more episodes of Invest Like the Best, visit joincolossus.com/episodes.    Past guests include Tobi Lutke, Kevin Systrom, Mike Krieger, John Collison, Kat Cole, Marc Andreessen, Matthew Ball, Bill Gurley, Anu Hariharan, Ben Thompson, and many more.   Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here.   Follow us on Twitter: @patrick_oshag | @JoinColossus   Show Notes [00:02:31] - [First question] - His history in venture and thoughts on the crypto ecosystem [00:06:06] - What it means to be great at searching for white space as a venture capitalist [00:08:00] - Things his original venture peers would say he was best and worst at [00:09:24] - How he would address crypto skeptics broadly given today’s market [00:13:35] - Whether or not it’s appropriate to look at each crypto token as a stock  [00:15:32] - The pool of demand for Dai and the end use-case itself for the stablecoin  [00:17:01] - What matters to him the most in the world of stablecoins  [00:19:59] - Defining sound and unsound collateral  [00:21:02] - Why the US doesn’t digitize the dollar and how being a government entity would impede some of their capabilities  [00:23:21] - What a community operated computer unlocks compared to a standalone one [00:27:09] - What persistence and resilience from community computers open up   [00:29:30] - Something going on that people aren’t talking about yet in regards to blockchains [00:33:54] - The notion of productive speculation and what it means  [00:36:03] - One of the best historical examples of productive speculation [00:42:29] - How things outside of the blockchain become integrated and connected to it [00:45:43] - Ways crypto will impact the gaming world over the coming years [00:49:10] - Handicapping a potential future where NFTs work and blockchains don’t benefit [00:51:42] - Thoughts on the world of art, IP, NFTs, and its changing landscape [00:54:43] - Whether or not there are companies being built that can streamline and facilitate this form of connection between artists and their fanbases [00:58:13] - Other controversial opinions he holds in the crypto community  [01:03:13] - What he’s most bullish and bearish on right now [01:07:29] - The kindest thing anyone has ever done for him

3rd Week of July, 2022

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0:00 Intro

6:00 MARKETS
7:55 Is the Bear Market Over?
https://messari.io/screener/bear-market-vibes-C66F0A22 
15:45 Inflation
https://twitter.com/MacroAlf/status/1549529768185319424 
19:55 The DXY
https://imgur.com/0oW7kWM 
20:40 Arthur Hayes
https://cryptohayes.medium.com/a-samurai-a-knight-and-a-yankee-211bf975a31d 
26:50 Is DeFi Back?
https://thedefiant.io/defi-stalwarts-outperform 
29:49 NFTs vs Tokens
https://twitter.com/ElBarto_Crypto/status/1548684477605486592?s=20&t=TA5HajuF9HNnYpyM0mh4lA 

NEWS
33:00 The Merge Timeline
https://twitter.com/superphiz/status/1547643255335968771?s=20&t=kjMcHcVWqakGNWdQ9qaT-Q 
36:35 zkRollup Season
https://twitter.com/jadler0/status/1549764211542315008?s=20&t=qzZC-8j_L3ibDC2lLMa9dA 
43:25 EVM Equivalence vs Compatible
https://blog.polygon.technology/the-future-is-now-for-ethereum-scaling-introducing-polygon-zkevm/?utm_source=Twitter-Main+&utm_medium=Post+&utm_campaign=Tier-1-Announcement 
46:03 zkSync 2.0
https://twitter.com/zksync/status/1549757888641437696?s=20&t=ZAR1kCt0uKILsF9_FdM2vQ 
47:40 Scroll
https://twitter.com/Scroll_ZKP/status/1549268276152500225?s=20&t=4FcId8XcvMVO4XBFgxEmcw 

49:12 3ac Drama Continues
https://www.docdroid.net/xKIqrjq/20220709-3ac-bvi-liquidation-recognition-1st-affidavit-of-russell-crumpler-filed-pdf 
49:50 Genesis Lent 2.3 Billion
https://twitter.com/theblock__/status/1549060746096566274?s=21&t=PqGwDZSYsmKYCZPNWTkiOQ 
52:40 Su Zhu Audacity
https://finbold.com/three-arrows-capital-co-founder-files-5-million-claim-against-own-firm-while-on-the-run 
55:00 Celsius Debt
https://blockworks.co/celsius-faces-heat-for-1-2b-balance-sheet-hole-customers-owed-4-7b 

57:00 USDC Transparency
https://twitter.com/jerallaire/status/1547608325478498307?s=20&t=nwzfZpHnKb1bO7VghA1khw 
59:05 Aave Balancer Swap
https://twitter.com/llama/status/1549412411077283842 
59:55 Curve Stablecoin
https://twitter.com/napgener/status/1550050875414126592?s=20&t=vdK4MuzT-DknxA79kXe6lg 

1:00:25 OpenSea Layoffs
https://www.coindesk.com/business/2022/07/14/opensea-lays-off-roughly-20-of-its-staff/ 
1:01:05 PROOF Acquires Divergence
https://decrypt.co/105061/kevin-roses-proof-acquires-ethereum-nft-divergence 
1:02:14 Minecraft Bans NFTs
https://www.minecraft.net/en-us/article/minecraft-and-nfts 
1:07:15 Nickelodeon Volume
https://twitter.com/nickelodeon_nft/status/1549626025134370817 

1:08:15 ENS Domains
https://twitter.com/wongisrite/status/1549100589396758529 
1:10:08 Tesla Sells Bitcoin
https://twitter.com/cryptokaleo/status/1549851605520064513?s=21&t=yC_4hIWv4-Xt82BuWA_EfQ 
1:12:04 Across Token Launch
https://twitter.com/AcrossProtocol/status/1549439826038071296 
13:36 Optic Raise
https://www.theblock.co/post/158678/nft-fraud-fighters-optic-raise-11-million-in-seed-funding-round 

1:14:10 Jobs
https://pallet.xyz/list/bankless/jobs 

1:16:00 Questions of the Week
1:17:30 Rocket Pool Benefits
https://twitter.com/1349RS/status/1549798302585180160?s=20&t=HCuz2QS6CRVV_WgL4plnvg 
1:20:35 zk Energy Consumption
https://twitter.com/icohgnito/status/1549795838741790722?s=20&t=HCuz2QS6CRVV_WgL4plnvg 
1:22:30 Polygon Token Alignment
https://twitter.com/Madge_80/status/1549832732716552192?s=20&t=HCuz2QS6CRVV_WgL4plnvg 

1:26:30 TAKES
1:27:30 BlockFi vs Celsius
https://twitter.com/twobitidiot/status/1547995516310409219?s=20&t=KSw1S9w18N9PAnbUhQb51Q 
1:28:35 Tech and Social
https://twitter.com/RyanSAdams/status/1549812828210601985?s=20&t=HWLmLcjY2ohQ-fAm-PKnKQ 
1:32:55 We are Bitcoiners
https://twitter.com/coryklippsten/status/1549547384127889408?s=20&t=4bBZ8tbrX6sZLfz7sRALCg 
1:40:55 The Right Time
https://twitter.com/TrustlessState/status/1549691597373194242 

1:42:00 What David’s Bullish On
1:44:10 What Ryan’s Bullish On

1:47:55 Moment of Zen
https://twitter.com/songadaymann/status/1548428696154869760?s=21&t=dfrJJ_wkbZAwgb7yNdXgkA 

——-
Not financial or tax advice.

See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures 

✨Finding Common Ground✨

Crypto has grown a lot in 2021!

New ecosystems have put new private keys in the hands of so many new users. 

Our interests overlap by 99%! We bring on the leaders from three killer DeFi ecosystems to discuss all the things that we align on, in order to start 2022 off in positive vibes!

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📣 ZERION | Move Your Assets To Layer 2
https://bankless.cc/Zerion 

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https://bankless.cc/Slingshot 

🏦 GEMINI | TURN FIAT INTO CRYPTO
https://bankless.cc/Gemini 

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

🦄 UNISWAP | DECENTRALIZED FUNDING
https://bankless.cc/UniGrants 

------
Topics Covered:

0:00 Intro
6:00 Ground Rules
8:16 Why Are You in Crypto?
12:58 Personal Values & Backgrounds
18:26 Who are your Heroes?
21:56 Crypto Tribalism & Politics
27:06 Competing vs Collaborating
31:58 Decentralizing
37:04 What is True Decentralization?
45:00 Are Your Tokens Money?
51:31 Do Kwon Arrives
55:01 Layer 2 vs Multi-Chain
1:03:15 Predictions for 2022
1:07:11 Closing & Disclaimers

------
Resources:

Anatoly on Twitter:
https://twitter.com/aeyakovenko?s=20 

Do Kwon on Twitter:
https://twitter.com/stablekwon?s=20 

Emin on Twitter:
https://twitter.com/el33th4xor?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://newsletter.banklesshq.com/p/bankless-disclosures 

The #AskGaryVee Show is back! After more than two years, we're back with a special NFT edition about NFTs, Blockchain, Investing, Web2.0 vs. Web3.0, and advice for everyone in this new space. In this new #AskGaryVee Episode, I asked my followers on Twitter to put their questions about everything related to NFTs. Here is the result!

Enjoy! Let me know what you thought.

Tweet Me! @garyvee

Text Me! 212-931-5731

My Newsletter: garyvee.com/newsletter

Check out my new NFT project: veefriends.com

Join the VeeFriends Discord: https://discord.gg/veefriends

Checkout my new co-hosted podcast with DraftKing’s founder--Matt Kalish on all things sports, business, and alternative investing: https://linktr.ee/propsanddropspod

--- Send in a voice message: https://podcasters.spotify.com/pod/show/garyvee/message

Optimism is scaling Ethereum with its open-source Optimistic Rollup. Uniswap recently deployed on Optimistic Ethereum, officially kicking off Ethereum's Scalability Summer. Where does Optimism stand now? What's next?

Optimists Ben Jones & Karl Floersch join to talk about working on Ethereum’s hardest problems and pioneering a better future for humanity.

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

🦄 UNISWAP | DECENTRALIZED FUNDING
http://bankless.cc/uniswap 

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📣 PoolTogether | DeFi's No-Loss Lottery Protocol
https://bankless.cc/PoolTogether 
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Topics Covered:

0:00 Intro
7:00 Ben Jones & Karl Floersch
9:10 Is Ethereum Scaling?
10:03 The History of Optimism
16:20 A Scaled Ethereum Chain
19:26 A Mental Model & Theme Parks
27:24 Governors & Contracts
29:29 Infrastructure & Use Cases
37:07 The Optimistic EVM
41:32 How Much Scale is There?
49:04 Latency & Liquidity
58:59 Layer 2 to Layer 2
1:06:29 Understanding Tradeoffs
1:09:18 MEV & Sequencing
1:19:17 Power & Responsibility
1:27:08 Saving Humanity
1:29:48 Fire Round Questions
1:34:54 Closing & Disclaimers

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Resources:

Optimism:
https://optimism.io/ 
Ben on Twitter:
https://twitter.com/ben_chain?s=20 
Karl on Twitter:
https://twitter.com/karl_dot_tech?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://newsletter.banklesshq.com/p/bankless-disclosures