ethereum merge

Ryan, David, Tim Beiko, Justin Drake, and Anthony Sassano unpack everything you need to know about today’s, highly anticipated Shanghai-Capella: ETH Staking Withdrawals. 

Also, the five cover ETH staking mechanics, withdraw upgrade FUD myths, what’s next for Ethereum, and Justin’s prediction around, staking airdrops?!... 

------
BANKLESS SPONSOR TOOLS: 

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

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

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

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

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

------
Topics Covered

0:00 Intro
8:20 Shanghai-Capella Explained 
10:09 ETH Staking Mechanics 
14:33 Deposit Queue 
18:10 Why Shanghai-Capella
21:04 Importance of Shanghai-Capella
24:52 Validators & Finality 
28:12 Sassal’s Thoughts on Shanghai-Capella
32:26 Major Derisk Event? 
34:30 Demystifying Withdraw Upgrade FUD
42:35 Where Will Ether Accrue? 
46:20 Benefits of Competition for ETH Stakers
48:55 Bear Case for ETH Price 
55:35 Solo-Staking 
1:01:30 Making Solo-Staking Easier 
1:04:30 Re-Keying 
1:06:00 What is Next for Ethereum? 
1:09:48 Anthony Sassano’s Tinkering Setup
1:15:50 Staking Airdrops?! 
1:19:00 Closing & Disclaimers 

------
Resources:

Tim Beiko
https://twitter.com/TimBeiko 

Justin Drake
https://twitter.com/drakefjustin 

Anthony Sassano
https://twitter.com/sassal0x 

-----
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 February, 2023

------
📣 MetaMask Learn 
https://bankless.cc/metamaskshow 

------
🚀 JOIN BANKLESS PREMIUM: 
https://newsletter.banklesshq.com/subscribe 

------
BANKLESS SPONSOR TOOLS: 

🐙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  

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

------
Topics Covered

0:00 Intro

9:00 Markets
10:20 TA
https://twitter.com/CryptoHornHairs/status/1623068877264498688 
12:55 Ultra Sound
https://ultrasound.money/ 
14:15 ETH Burn
https://twitter.com/TrustlessState/status/1623482139260887042 
15:00 Gas Prices
https://twitter.com/hildobby_/status/1622655640056303621 
17:55 Bitcoin Blockspace
https://twitter.com/dylanleclair_/status/1622660128989233153 
21:00 BTC Target
https://twitter.com/TrustlessState/status/1621614401550696449 
23:35 AI Tokens
https://twitter.com/TrustlessState/status/1623300044437725184 
26:00 NFT Loans
https://thedefiant.io/nftfi-record-loans

30:30 Operation Choke Point
https://twitter.com/nic__carter/status/1622973966360133634 
32:45 Choke Point Blog
https://www.piratewires.com/p/crypto-choke-point 
37:20 Jake Take
https://twitter.com/jchervinsky/status/1622978313122635776 
38:00 Sen Hagerty
https://twitter.com/SenatorHagerty/status/1623375510544781356 
40:00 Local Bitcoins Shutdown
https://twitter.com/LefterisJP/status/1623662500699951105 

41:40 SEC Banning Staking
https://twitter.com/brian_armstrong/status/1623459203150131201 
44:25 Gateway Token 
https://therug.mirror.xyz/SzofEWluskmQHZZ568XHyv_pfn70tgMqddORLaxxo8M 

45:50 Genesis DCG
https://twitter.com/AP_Abacus/status/1622735561290031104 
https://decrypt.co/120708/gemini-earn-genesis-dcg-agreement 
https://www.ft.com/content/abee7e2e-1d18-4a68-aac5-665869db250f 

52:30 Arbitrum Stylushttps://twitter.com/arbitrum/status/1622974926331453441 
54:45 StarkNet Prover
https://www.theblock.co/post/208731/starkware-open-sources-prover-technology-for-ethereum-layer-2-network 
55:50 MakerDAO Report
https://ipfs.io/ipfs/QmNXCG29xCMHhHppw6666zkY1zRTDT75Wdb5LHwEJcsvzH?filename=MakerDAO%202022%20Retrospective.pdf 
57:55 a16z Uniswap Governance
https://www.theblock.co/post/208729/a16z-votes-against-proposal-to-deploy-latest-uniswap-iteration-on-bnb-chain 
https://twitter.com/Dogetoshi/status/1622088935336824833 
https://twitter.com/eddylazzarin/status/1622758120878653440 
1:03:45 Linkin Park
https://twitter.com/linkinpark/status/1623561791447117824 
1:05:20 Coffeezilla Sting Operation
https://twitter.com/coffeebreak_yt/status/1621581040539033603 
1:08:20 FTX Donations
https://www.theblock.co/post/208763/ftx-debtors-want-political-donations-returned-by-end-of-the-month 
1:09:30 Super Bowl Commercials
https://twitter.com/watcherguru/status/1622997422254305294 
1:11:40 Do Kron Manhunt
https://www.bloomberg.com/news/articles/2023-02-07/hunt-for-crypto-fugitive-do-kwon-led-south-korean-officials-to-serbia-last-week 
1:12:30 Kyle Davies Hiding
https://www.theblock.co/post/209552/kyle-davies-has-chosen-to-ignore-his-duties-to-3ac-after-rare-twitter-subpoena 
1:14:20 Taxing Staked Crypto
https://decrypt.co/120793/crypto-staking-taxes-appeal 

1:16:00 Lido v2
https://twitter.com/LidoFinance/status/1622963224898330624 
1:16:50 Aave GHO
https://twitter.com/AaveAave/status/1623683819034517504 
1:17:20 Element Hyperdrive
https://twitter.com/element_fi/status/1623367512086745097 
1:17:49 Infinity Pools
https://twitter.com/delitzer/status/1623076431243939842 
1:18:20 Mean Finance
https://twitter.com/mean_fi/status/1621226280984408064 
1:19:25 Sorare Premier League
https://medium.com/sorare/sorare-partners-with-premier-league-to-launch-digital-player-cards-and-fantasy-competitions-c8b5c5e195b3 

1:20:00 Jobs

1:23:30 Questions from the Nation

1:30:00 Takes of the Week
1:33:10 Proof of Time
https://twitter.com/trustlessstate/status/1621550977793855488 
1:36:40 Opinions that Matter
https://twitter.com/RyanSAdams/status/1621502310550495232 

1:41:20 What David’s Bullish On
1:43:40 What Ryan’s Bullish On

1:45:20 MEMEs of the Week
https://twitter.com/MrT09613720/status/1623649904349577216 
https://twitter.com/BanklessHQ/status/1623062111604600849 

----
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 

✨ Part II Out Now for Bankless Premium Subscribers:
https://shows.banklesshq.com/p/early-access-whats-next-vitalik-buterin 

✨ DEBRIEF | Unpacking the Episode:
https://shows.banklesshq.com/p/vitalik-debrief 

Vitalik Buterin is a crypto-economic researcher, author of the Ethereum Whitepaper, builder, and philosopher. He also recently published a new book titled, “Proof of Stake: The Making of Ethereum and the Philosophy of Blockchains.”

In his first Bankless appearance post-merge, Vitalik shares his behind-the-scenes perspective on the merge, looking back—what he would’ve done differently, and most importantly—what’s next?

This is a two-part episode that you don’t what to miss! Part one is all about what’s next for Ethereum. And part two covers more of the social/philosophical realm of holistically, what is Ethereum. Further, Vitalik explores his thoughts on artificial intelligence and its relationship to crypto.

------
📣 Swell | Liquid Staking for the People
https://bankless.cc/swelldiscord 

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

------
BANKLESS SPONSOR TOOLS:

🌱 LENS | WEB3 SOCIAL PROTOCOL
https://bankless.cc/Lens 

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

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

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

🌉 JUNO | BRIDGE FIAT TO LAYER 2
https://bankless.cc/Juno 

⚡️ ZKSYNC | THE LAYER 2 SCALING ENDGAME
https://bankless.cc/zkSync 

-----
Topics Covered

0:00 Intro
10:28 What Will Trolls Focus on Next?
11:34 The Merge From Vitalik’s Perspective
15:10 PoS Energy Reduction
27:09 Why PoS Took So Long
32:03 Truly Optimal PoS
35:12 What Vitalik Would Change
37:30 Where Are We in Ethereum’s Trajectory
52:53 The Economics of Staking
1:02:15 Centralization of Stake Worry
1:11:40 Censorship Resistance Problem
1:15:15 Validator Choices
1:18:30 Have L2s Lived Up to the Hype
1:20:37 The 2023-2024 Ethereum Era
1:25:41 Closing

------
Resources:

Vitalik Roadmap Bankless Episode
https://youtu.be/b1m_PTVxD-s 

Vitalik’s Vlog
https://vitalik.ca/ 

Vitalik’s New Book
https://www.amazon.com/Proof-Stake-Ethereum-Philosophy-Blockchains/dp/164421248X/ 

The Ethereum Roadmap
https://twitter.com/vitalikbuterin/status/1466411377107558402 

Paths to Single Slot Finality
https://notes.ethereum.org/@vbuterin/single_slot_finality 

MEV Boost
https://www.mevboost.org/ 

DAOs are not corporations
https://vitalik.ca/general/2022/09/20/daos.html 

-----
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.

4th Week of September, 2022

------
📣 Swell | Liquid Staking for the People
https://bankless.cc/swelldiscord 

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

------
BANKLESS SPONSOR TOOLS:

🌱 LENS | WEB3 SOCIAL PROTOCOL
https://bankless.cc/Lens 

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

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

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

🌉 JUNO | BRIDGE FIAT TO LAYER 2
https://bankless.cc/Juno 

⚡️ ZKSYNC | THE LAYER 2 SCALING ENDGAME
https://bankless.cc/zkSync 

-----
Topics Covered

0:00 Intro
3:00 BTC Price
3:54 ETH Price
https://ultrasound.money/ 
14:00 Relayer and Builder Market
https://www.mevboost.org/ 
18:13 FED WATCH
18:25 Fed Rate Hike this Week
https://www.cnn.com/2022/09/21/economy/fed-rate-hike-september/index.html 
19:45 Risk on Assets Falls
https://www.coindesk.com/markets/2022/09/21/federal-reserve-hikes-rates-to-highest-since-2007-bitcoin-falls-to-19000/ 
21:44 Houses! Interest Rates on Houses Spiking
https://twitter.com/charliebilello/status/1570413955637460993 
https://twitter.com/KobeissiLetter/status/1571522450386735112 
24:00 Flat Markets Prediction?
https://twitter.com/GoldTelegraph_/status/1570738647254831105 

29:27 NEWS
29:30 White House & U.S. Regulatory
https://twitter.com/coingecko/status/1570769375212470272 
https://www.whitehouse.gov/briefing-room/statements-releases/2022/09/16/fact-sheet-white-house-releases-first-ever-comprehensive-framework-for-responsible-development-of-digital-assets/ 
31:20 Terra Screwed Things Up
https://twitter.com/jchervinsky/status/1571991546291159042 
https://twitter.com/RyanSAdams/status/1570774337254461446 
https://twitter.com/brian_armstrong/status/1572095723306627073 
34:35 Draft Stablecoin Bill
https://www.theblock.co/post/171565/draft-stablecoin-bill-in-congress-to-require-fed-state-regulator-approval 
https://twitter.com/jchervinsky/status/1572586178502864896 
39:05 Senate Banking Committee Hates Crypto
https://www.politico.com/newsletters/morning-money/2022/09/22/sherrod-brown-turns-up-the-heat-00058202 
40:00 Interaction Between Toomey and Gensler
https://twitter.com/BanklessHQ/status/1570808589148909569 

41:41 $160M Wintermute Hack
https://t.co/Kkk445dLyv 
41:50 Experts Blame Vanity Address
https://www.theblock.co/post/171192/experts-blame-a-vanity-address-bug-for-wintermutes-160-million-hack 
42:00 More Details on What Happened
https://twitter.com/evgenygaevoy/status/1572329148411936770
https://halborn.com/explained-the-profanity-address-generator-hack-september-2022/ 

44:16 David and Ryan Discuss: What’s Next?
https://twitter.com/iamDCinvestor/status/1572927876546297859 
https://wrongalot.substack.com/p/the-next-big-crypto-narrative 

54:24 PoW Ethereum Fork Dead?
https://thedefiant.io/ethpow-rough-start-after-merge 
54:46 Infura Decentralized Infrastructure Network 
https://twitter.com/infura_io/status/1570794318067290112 
56:00 zkSync Devs Found Bug
https://twitter.com/StarkWareLtd/status/1567888940123983874 
https://twitter.com/iamDCinvestor/status/1567889575128727552 
https://twitter.com/zksync/status/1570073596709462018 
56:55 OpenSea on Arbitrum
https://twitter.com/opensea/status/1572250900198203392 

57:17 Universal Studios NFT Scavenger Hunt
https://twitter.com/banklesshq/status/1572619172454232064 
https://twitter.com/0xferg/status/1572068539049058304 

58:15 Tether: Show Us What’s Backing USDT
https://finance.yahoo.com/news/stablecoin-issuer-tether-ordered-produce-041706661.html 
59:31 FTX in the Lead to Buy Voyager
https://www.coindesk.com/business/2022/09/15/ftx-is-in-the-lead-to-buy-crypto-lender-voyager-digitals-assets-out-of-bankruptcy-source 
https://www.coindesk.com/business/2022/09/20/crypto-exchanges-binance-and-ftx-have-both-bid-roughly-50m-for-voyagers-assets-report 
1:00:42 Do Kwon on the Run?
https://www.coindesk.com/business/2022/09/19/s-korean-authorities-ask-interpol-to-issue-red-notice-for-terra-co-founder-do-kwon-report/ 
1:01:13 Rari Fuse Hack Victim Compensation
https://twitter.com/joey__santoro/thread/1571898748405714947 

1:04:16 Helium Signs Agreement with T-Mobile
https://twitter.com/tier10k/status/1572244764237471749 
https://twitter.com/TusharJain_/status/1572248774893834240 
1:06:13 Kraken’s CEO Stepping Down
https://www.theblock.co/post/171847/krakens-jesse-powell-stepping-down-as-ceo-of-crypto-exchange 

1:06:31 Nasdaq Launching Institutional Crypto Custody Services
https://twitter.com/fintechfrank/status/1572186768132161536 
1:07:05 Liquid Collective
https://twitter.com/liquid_col/thread/1572164626535563265
https://liquidcollective.io/ 
1:07:55 Coinbase Cloud
https://blog.coinbase.com/coinbase-cloud-launches-platform-for-web3-developers-472eb355b1fa 

1:08:45 FTX Reloading
https://cointelegraph.com/news/ftx-in-talks-with-investors-to-raise-1b-for-further-acquisitions-cnbc 
1:09:10 Messari Raises $35M Series B
https://www.prnewswire.com/news-releases/messari-announces-at-mainnet-2022-summit-raising-35-million-in-series-b-funding-301629624.html 

1:11:00 JOBS
https://pallet.xyz/list/bankless/jobs 

1:14:19 NATION QUESTIONS
https://twitter.com/bbbFollowOnly/status/1572948809063317510 
https://twitter.com/mmaatt78/status/1572638221720498176 

1:20:45 TAKES
1:20:50 VCs Against Bitcoin
https://twitter.com/TheStalwart/status/1570485528633417730 
1:21:55 Say No to Bitcoin Fundamentalism
https://twitter.com/danheld/status/1570839132028674048 
1:23:35 Ethereum & Crypto Haters
https://twitter.com/haydenzadams/status/1570459984206381058 
https://twitter.com/haydenzadams/status/1571535610279510021 
1:25:25 Rollups Today
https://twitter.com/jon_charb/status/1572395334516748290 

1:27:31 What We’re Bullish On

1:30:53 MEME of the Week
https://twitter.com/banklesshq/status/1571984307748569088 

1:33:41 Closing & Disclaimers

1:33:50 Moment of Zen
https://twitter.com/gabrielhaines/status/1572927657049980929 

-------
Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.

Tim Beiko and Danny Ryan are two of Ethereum’s lead coordinators, and work at the Ethereum Foundation to shepherd the many parts of Ethereum into the future.

How are they feeling on the other side of the Merge? What does this mean for Ethereum?

Few (if anyone) on the planet are more qualified to discuss the Ethereum Proof-of-Stake than these two, and we use this episode to reflect on the magnitude of the event and look forward to the future of the network.

------
 Swell | Liquid Staking for the People
https://bankless.cc/swelldiscord 

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

------
BANKLESS SPONSOR TOOLS: 

 LENS | WEB3 SOCIAL PROTOCOL
https://bankless.cc/Lens 

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

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

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

 JUNO | BRIDGE FIAT TO LAYER 2
https://bankless.cc/Juno 

️ ZKSYNC | THE LAYER 2 SCALING ENDGAME
https://bankless.cc/zkSync 

------
Resources:

Tim Beiko  
https://twitter.com/TimBeiko 

Danny Ryan
https://twitter.com/dannyryan 

-------
Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research. 

For years, it's been on the Ethereum roadmap to transition its blockchain from proof-of-work to proof-of-stake. Well, it's finally happened. This means that there are no more "miners" validating blocks on the Ethereum network. Instead, they've been replaced with "stakers" or "validators" who manage the network's rules by posting coins as a type of bond or security deposit. Why is that such a big deal for the industry? And what does it say about the future of crypto? On this episode, we speak with Christine Kim, a research associate at Galaxy Digital, who walks us through the significance of "the merge," how validation works and what's next for Ethereum.

See omnystudio.com/listener for privacy information.

3rd Week of September, 2022

------
📣 Swell | Liquid Staking for the People
https://bankless.cc/swelldiscord 

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

------
BANKLESS SPONSOR TOOLS: 

🌱 LENS | WEB3 SOCIAL PROTOCOL
https://bankless.cc/Lens 

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

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

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

🌉 JUNO | BRIDGE FIAT TO LAYER 2
https://bankless.cc/Juno 

⚡️ ZKSYNC | THE LAYER 2 SCALING ENDGAME
https://bankless.cc/zkSync 

-----
Topics Covered

0:00 Intro

4:10 Crypto Markets
9:35 Macro Markets
https://www.cnbc.com/2022/09/12/stock-futures-are-higher-as-wall-street-awaits-key-inflation-report-.html 
12:00 Monthly CPI 
https://twitter.com/tomhschmidt/status/1569676483076964358 
14:00 Elon Musk Deflation Take
https://twitter.com/elonmusk/status/1568383953370767365 

17:00 MERGED
https://twitter.com/VitalikButerin/status/1570306185391378434 
20:25 Energy Efficient
https://twitter.com/VitalikButerin/status/1570299062800510976 
21:00 Recapping the Merge
Google
https://www.google.com/search?q=the+merge 
Bordel
https://twitter.com/TMIYChao/status/1570319141994889216 
Denver Watch Party
https://twitter.com/trent_vanepps/status/1570304900634144769/photo/2 
Raoul Jordan
https://twitter.com/rauljordaneth/status/1570313476358213632 
25:00 Ethereum Hashrate
https://twitter.com/cryptoquant_com/status/1570304759525150722 
26:25 MEV Boost
https://twitter.com/hasufl/status/1570326887729336320 
28:05 Ultra Sound Money
https://twitter.com/ultrasoundmoney/status/1568977730330320896 
32:30 ETH Supply
https://twitter.com/hasufl/status/1570307515350683649 
Blocktime
https://twitter.com/koeppelmann/status/1570306606339964929 
33:55 David Explains the Merge
https://twitter.com/BanklessHQ/status/1570294915074248709 
35:55 Mainstream Coverage
https://www.nytimes.com/2022/09/15/technology/merge-ethereum-crypto.html 
37:10 Staking APR
https://twitter.com/RyanSAdams/status/1569350617910362112 
38:25 Where to Stake
https://simplestakers.info/ 

43:00 NEWS
44:00 Vitalik in Ukraine
https://twitter.com/revrfg/status/1568885771129470977 
45:$5 Starbucks x Polygon
https://twitter.com/0xPolygon/status/1569302728005804037 
48:25 Solana NFT All-Time High
https://www.theblock.co/post/169050/nft-mints-on-solana-have-surged-to-an-all-time-high 
49:20 White House Proof of Work
https://twitter.com/TIME/status/1569529551897743361 
54:32 Michael Saylor Buys
https://www.coindesk.com/business/2022/09/09/microstrategy-files-for-stock-offering-of-up-to-500m-in-part-to-buy-additional-bitcoin/ 
55:30 China Bitcoin Usage
https://twitter.com/zerohedge/status/1570185657301057543 
56:00 Tornado Cash Withdrawals
https://twitter.com/ryansadams/status/1569728093853552642 
1:02:00 Do Kwon Arrest Warrant
https://www.bloomberg.com/news/articles/2022-09-14/south-korea-seeks-the-arrest-of-terraform-labs-founder-do-kwon 
1:03:14 SEC Crypto Office
https://www.reuters.com/markets/us/us-sec-set-up-new-office-crypto-filings-2022-09-09/ 
1:05:30 Coinbase Policy Efforts
https://twitter.com/brian_armstrong/status/1570133078022160384 
1:09:30 Token Unlocks 
https://token.unlocks.app/ 
1:11:08 Abra Bank Boost
https://twitter.com/billbarhydt/status/1569356209651687424 
1:12:50 Binance zk Rollups
https://www.bsc.news/post/bnb-chain-announces-the-testnet-launch-of-zkbnb 
1:13:50 Plasma Wallet
https://plasma-wallet.com/ 

1:15:00 Raises
Doodles - https://twitter.com/doodles/status/1569655759297716228 
Coop Records - https://twitter.com/Cooopahtroopa/status/1567917204221591552 

1:17:20 JOBS

1:19:00 TAKES
1:20:00 Enabling Withdrawals
https://twitter.com/0xfoobar/status/1569466790266433536 
1:22:02 Ethereum Never Ships
https://twitter.com/TrustlessState/status/1570426020045406213 
1:23:30 All Grown Up
https://twitter.com/RyanSAdams/status/1570325531899629571 
1:25:45 Vitalik Speaks 
https://twitter.com/VitalikButerin/status/1569369929454845957 

1:27:10 What We’re Bullish On

1:34:10 MEME of the Week
https://twitter.com/BanklessHQ/status/1570148692119916546 

-------
Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research. 

Kicking off Merge Week with a livestream with Ethereum researcher Justin Drake, it's time to debunk some myths and bad takes about ETH.

As we watch Ethereum make its historic transition to Proof-of-Stake, we explore claims against the merge, the Ethereum Roadmap, ETH supply, and many others.

------
 ConsenSys | Mint a Merge NFT! 
https://bankless.cc/themerge 

 Converge 2022 | Register with code Bankless250 for $250 off
https://bankless.cc/Circle 

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

------
BANKLESS SPONSOR TOOLS: 

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

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

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

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

 MAKER DAO | DECENTRALIZED LENDING
https://bankless.cc/MakerDAO 

 LEDGER | SECURE STAKING
https://bankless.cc/Ledger  

------
Timestamps:

0:00 Intro
7:30 The Merge
10:30 Media Hype
13:30 The Merge Will Never Happen
15:30 Ethereum Roadmap
20:15 Jack of All Trades
26:32 Ether Supply
36:54 Unpredictable Supply
45:10 Staker Tyranny
51:10 The Value of a Fork
54:00 Rich Get Richer
58:36 Deflation is Bad
1:07:05 Higher Fees
1:11:05 ETH is a Security
1:15:03 Reduced Burn
1:22:12 ETH is a Tech Stock
1:25:55 Changing Narratives
1:29:56 Ultrasound Money is Cringe

------
Resources:

Justin Drake
https://twitter.com/drakefjustin 

Justin Drake Episodes
https://youtu.be/1m12zgJ42dI 
https://youtu.be/dHpAC0m8Rkk  
https://youtu.be/FQTZSb3Rc9I 
https://youtu.be/bWqhn1hXvVc 

-----
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 

Jordi Alexander returns to debate David Hoffman on whether or not next week's Ethereum Merge is bullish or bearish for ETH. The debate is moderated by none other than, Ryan Sean Adams.

Let us know if you're bullish or bearish in the comments or on Twitter: @banklesshq

------
📣 ConsenSys | Mint a Merge NFT!
https://bankless.cc/themerge 

📣 Converge 2022 | Register with code Bankless250 for $250 off
https://bankless.cc/Circle 

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

------
BANKLESS SPONSOR TOOLS:

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

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

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

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

🌴 MAKER DAO | DECENTRALIZED LENDING
https://bankless.cc/MakerDAO 

🔐 LEDGER | SECURE STAKING
https://bankless.cc/Ledger 

------
Topics Covered:

0:00 Intro
3:03 David & Jordi's Luna Debate
10:07 Why the Merge is Overhyped?
16:50 Merge Bulls
21:05 Long ETH?
23:10 The ETH Narrative Play
32:05 Overestimating the ETH Yield
42:38 Blockspace Demand
1:02:05 Multichains
1:06:17 Ethereum's Gravitational Pull
1:09:57 Value Accrual
1:17:23 ETH Not Monetary Premium?
1:28:50 Price Range Predictions

------
Resources:

Jordi Alexander
https://twitter.com/gametheorizing 

Jordi's Article
https://newsletter.banklesshq.com/p/is-the-merge-overhyped 

David's Rebuttal to Jordi's Article
https://newsletter.banklesshq.com/p/a-rebuttal-to-jordi-alexander-and 

-----
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 

1st Week of Mergetember, 2022

------
📣 ConsenSys | Mint a Merge NFT! 
https://bankless.cc/themerge 

📣 Converge 2022 | Register with code Bankless250 for $250 off
https://bankless.cc/Circle 

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

------
BANKLESS SPONSOR TOOLS: 

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

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

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

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

🌴 MAKER DAO | DECENTRALIZED LENDING
https://bankless.cc/MakerDAO 

🔐 LEDGER | SECURE STAKING
https://bankless.cc/Ledger  

-----
Timestamps:

0:00 Intro
3:05 Merge NFTs
https://bankless.cc/themerge 
3:47 Converge 2022
https://bankless.cc/Circle 

4:55 MARKETS
6:30 Crypto Market Cap
https://www.coingecko.com/en/global_charts 
7:20 Ethereum Gas Fees
https://dune.xyz/hildobby/Gas 
9:16 Merge Estimator
https://bordel.wtf/ 
10:00 Staking Unlocks
https://twitter.com/TrustlessState/status/1565699759754592259 
14:10 Ethereum Revenue
https://www.theblock.co/post/167488/ethereum-miners-made-756-million-in-revenue-in-august-ahead-of-the-merge 
15:10 EU Energy Crisis
https://twitter.com/biancoresearch/thread/1566180431984205824 
18:50 Energy Fallout
https://www.euronews.com/next/2022/09/05/energy-bills-are-soaring-in-europe-what-are-countries-doing-to-help-you-pay-them 
20:50 WAR!
https://entrepreneurshandbook.co/for-the-war-fd5509d525d 

29:00 MERGE UPDATES
30:17 Bellatrix Upgrade
https://twitter.com/terencechain/status/1567115533233049606 
32:35 Node Updates
https://twitter.com/ajsutton/status/1567117139810873344 
33:20 Economist Article
https://www.economist.com/finance-and-economics/2022/09/06/the-future-of-crypto-is-at-stake-in-ethereums-switch 
34:05 ETH PoW Fork
https://www.coingecko.com/en/coins/ethereum-pow-iou 
37:35 Stake From Home
https://twitter.com/songadaymann/status/1562930578571272192 

43:45 STABLECOIN WARS
https://www.coindesk.com/business/2022/09/05/binance-to-convert-users-usdc-usdp-tusd-into-its-own-stablecoin-busd/ 
47:00 Good for USDC
https://www.coindesk.com/layer2/2022/09/06/who-benefits-from-binance-converting-usdc-to-its-own-stablecoin/ 

50:05 Coinbase MakerDAO Proposal
https://forum.makerdao.com/t/mipxx-coinbase-usdc-institutional-rewards/17703 

55:00 1inch Optimism Airdrop
https://cointelegraph.com/news/1inch-users-on-optimism-to-receive-airdrop-of-300-000-op-tokens 
56:45 Reddit NFTs on OpenSea
https://thecouchcommute.com/reddit-nfts-selling-for-thousands-on-opensea/ 
57:15 ENS August Numbers
https://twitter.com/ensdomains/status/1565374366791057409 
59:37 ProtocolGuild NFTs 
https://twitter.com/trent_vanepps/status/1567177788561424384 
1:01:15 Coinbase Suing the Treasury
https://twitter.com/ViktorBunin/status/1567875895381168132 
1:03:44 Brian Armstrong Statement
https://blog.coinbase.com/defending-privacy-in-crypto-e09db33dece8 

1:05:30 crvUSD Curve Stablecoin
https://twitter.com/chago0x/status/1566874129843757056 
1:06:00 Binance 6% ETH Staking
https://blog.binance.us/eth-staking/ 
1:06:45 Notional Leverage Vaults
https://blog.notional.finance/introducing-leveraged-vaults/ 
1:07:43 Sui Blockchain
https://www.theblock.co/post/168532/mysten-labs-sui-blockchain-fundraise-ftx-ventures 

1:10:15 GET A JOB
https://pallet.xyz/list/bankless/jobs 

1:12:00 QUESTIONS FROM THE NATION
https://twitter.com/BanklessHQ/status/1567544177180672000 
1:13:41 ETH PoW Eligibility
https://twitter.com/johnny_kast/status/1567566362171654144 
1:15:50 Value of ETH PoW
https://twitter.com/mmaatt78/status/1567615122868166657 
1:18:38 What Happens to Merged ETH?
https://twitter.com/HenryJK4/status/1567550561758728192 

TAKES
1:20:20 Surreal Proof of Stake
https://twitter.com/TimBeiko/status/1567197184667578368 
1:21:35 Remember This?
https://twitter.com/ryansadams/status/1565681268913840130 
1:23:45 BSC Network Effect
https://twitter.com/apolynya/status/1566262032319451136 
1:25:27 Reserve Currencies
https://twitter.com/ryansadams/status/1567310589881360385 

1:27:30 What David’s Bullish On
https://twitter.com/TrustlessState/status/1567716721963814912 
1:31:30 What Ryan’s Bullish On

1:34:45 MEME of the Week
https://twitter.com/TrustlessState/status/1567903583563296772 

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

#ether  #ethereum  #crypto  #cryptonews  #btc  #bitcoin #ethpow 

✨ DEBRIEF ✨ | Find out why 1D = 1B:
https://shows.banklesshq.com/p/debrief-arthur-hayes 

-----
This episode has been a long time coming. Arthur Hayes is the crypto trader of traders, and he's particularly bullish on the ETH trade. 

Today, he tells us why.

We've been binging Arthur's writing lately, trying to get inside his head about how he approaches the markets. 

Discussing the inevitability of inflation, the chaotic macro picture, and of course the Ethereum Merge, we piece together the mindset of a trader who has survived the massacre of 2022.

Do you agree with Arthur? Let us know in the comments or on Twitter @banklesshq

------
📣 ConsenSys | Mint a Merge NFT! 
https://bankless.cc/themerge 

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

------
BANKLESS SPONSOR TOOLS: 

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

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

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

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

🌴 MAKER DAO | DECENTRALIZED LENDING
https://bankless.cc/MakerDAO 

🔐 LEDGER | SECURE STAKING
https://bankless.cc/Ledger  

------
Topics Covered:

0:00 Arthur Hayes
6:30 Arthur’s Prolific Writing
12:55 Why Arthur is a Trader
19:10 What’s Causing Inflation?
26:00 The Only Solution
30:11 Structural Inflation
38:09 The Macro Landscape 
44:24 Why Crypto?
50:44 Denominate in Hydrocarbons
58:30 The Ethereum Merge
1:02:30 Is the Merge Priced In?
1:04:30 Crypto Markets
1:06:47 Target ETH Prices
1:08:20 What’s Different?
1:11:58 Making the ETH Trade
1:15:45 Merge vs Macro
1:18:26 DeFi and Arthur’s Conversion
1:22:15 The 2022 Retail Massacre
1:24:30 Surviving as a Trader
1:27:50 Arthur IRL

------
Resources:

Arthur on Twitter:
https://twitter.com/CryptoHayes?s=20&t=fz4N1B7Ifa3OY-tD6l6jhw 

Arthur's Blog:
https://cryptohayes.medium.com/ 

ETH-flexive:
https://cryptohayes.medium.com/eth-flexive-7e1921123f64 

A Samurai, a Knight, and a Yankee:
https://entrepreneurshandbook.co/a-samurai-a-knight-and-a-yankee-211bf975a31d 

-----
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. 

1st Week of Mergetember, 2022

------
📣 ConsenSys | Mint a Merge NFT!
https://bankless.cc/themerge 

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

------
BANKLESS SPONSOR TOOLS:

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

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

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

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

🌴 MAKER DAO | DECENTRALIZED LENDING
https://bankless.cc/MakerDAO 

🔐 LEDGER | SECURE STAKING
https://bankless.cc/Ledger 

-----
Timestamps:

0:00 Intro

4:33 MARKETS
4:36 BTC Price
4:56 ETH Price
5:23 ETH/BTC
5:52 Total Crypto Market Cap
6:32 Merge Estimator
10:15 Fed Watch
https://www.cnbc.com/2022/08/26/powell-warns-of-some-pain-ahead-as-fed-fights-to-lower-inflation.html 
12:10 ETH Dives %10 After Powell Rate Hike Signal
https://www.thedefiant.io/markets-dive-powell-speech 

15:33 Avalanche Playing Dirty?
https://cryptoleaks.info/case-no-3 
https://medium.com/@kyleroche/my-response-b691563c255b 
24:00 Tweet from Emin
https://twitter.com/el33th4xor/status/1564006450531377156 
25:00 Maybe Not True?
https://twitter.com/AriDavidPaul/status/1564253955785461767 
26:44 David Take
https://twitter.com/TrustlessState/status/1565340995062882311 

30:35 Saylor Getting Sued
31:40 Saylor Tax Fraud
https://blockworks.co/michael-saylor-and-microstrategy-sued/ 
https://twitter.com/AGKarlRacine/status/1565031380471382019 
https://twitter.com/tier10k/status/1565040637044465666 

34:37 Maker
34:40 Drama Summary
https://threadreaderapp.com/thread/1564716178819653632.html 

43:05 NEWS
43:09 ETH
43:13 Coinbase Announces cbETH
https://decrypt.co/108180/coinbase-announces-cbeth-wrapped-ethereum-staking-token 
https://twitter.com/CoinbaseAssets/status/1562476695357358080 
https://dune.com/Marcov/coinbase-wrapped-staked-eth 
47:43 Abritrum One Upgraded to Nitro Stack
https://twitter.com/arbitrum/status/1565041950142730245 
48:48 Yesterday’s State of the Nation
https://youtu.be/yYzQPRRAs6M 
48:55 cOptimism Gas ATH
https://twitter.com/MSilb7/status/1565131857464901633 
49:55 Data Giant Shocks Ethereum with Ban on Mining
https://www.thedefiant.io/data-giant-shocks-ethereum-with-ban-on-mining 
54:04 Vitalik Book
https://twitter.com/VitalikButerin/status/1564804705997361153 

55:10 NFTs
55:15 Facebook & Instagram Allow Posting NFTs
https://twitter.com/Meta/status/1564282540831248387 
56:00 cReddit Subtly Launches NFTs
https://twitter.com/itstimconnors/status/1562839909261447168 
59:09 Ticketmaster Integrates with DapperLabs’ Flow Blockchain 
https://techcrunch.com/2022/08/31/ticketmaster-taps-the-flow-blockchain-to-let-event-organizers-issue-nfts-tied-to-tickets/amp/ 
59:55 Goose NFT to Bankruptcy Liquidation
https://twitter.com/dmitricherniak/status/1563587242777448448 

1:01:06 Regulation
FBI Issues Warning to Vulnerable DeFi Platforms
https://decrypt.co/108542/fbi-issues-warning-over-vulnerable-defi-platforms 
1:03:47 Crypto.com $10.5M Accident
https://fortune.com/2022/08/31/crypto-com-accidentally-transferred-10-million-to-thevamanogari-manivel/ 

1:05:40 Releases
1:05:42 Orca Protocol Rebrand to Metropolis
https://metropolis.mirror.xyz/ozkx0ZMwIzyahRJiQKpNv_8r7vAhOo-8tucjONhXJHI 

1:06:20 Raises
1:06:24 PROOF $50M from a16z & More
https://a16zcrypto.com/investing-in-proof/ 
https://twitter.com/proof_xyz/status/1564689271755137024 
1:07:28 Reddit’s Ohanian’s $177M Crypto Fund
https://decrypt.co/108560/reddit-co-founder-eyes-177m-crypto-fund-invest-strong-founders-discount-report 
1:08:16 Genesis Raise $500M
https://cointelegraph.com/news/everything-s-on-sale-reddit-founder-galaxy-and-genesis-execs-raise-big-money 

1:08:50 Jobs
https://pallet.xyz/list/bankless/jobs 

1:12:07 Questions from the Nation
https://twitter.com/avi_g_/status/1565192839021363200 
https://twitter.com/nextalphaa/status/1565011491304230912 
https://twitter.com/HappyjoeNFT/status/1565031005475418114 
https://twitter.com/teemu_lens/status/1565008572248899584 

1:21:55 TAKES
1:22:00 New take on the cycle
https://twitter.com/gasull/status/1564888312157876229 
1:23:33 99% of Crypto is a Joke
https://twitter.com/RyanSAdams/status/1564257934011379713 
1:25:12 Gravity Turns Off
https://twitter.com/TrustlessState/status/1564637280379502593 
1:27:17 Worlds Greatest Bitcoiner
https://twitter.com/cobie/status/1565264636445745153 

1:30:14 What David’s Bullish On
1:31:23 What Ryan’s Bullish On

1:34:55 MEME of the Week
https://twitter.com/hegemony_inc/status/1564357396784263170 

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

4th Week of August, 2022

------
📣 Chainlink | Register for SmartCon 2022 with promo code “BANKLESS”
https://bankless.cc/smartcon  

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

------
BANKLESS SPONSOR TOOLS: 

🌱 LENS | WEB3 SOCIAL PROTOCOL
https://bankless.cc/Lens 

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

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

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

🌉 JUNO | BRIDGE FIAT TO LAYER 2
https://bankless.cc/Juno 

⚡️ ZKSYNC | THE LAYER 2 SCALING ENDGAME
https://bankless.cc/zkSync 

-----
Timestamps:

0:00 Intro
1:53 UFO Sightings
5:20 Actual Intro

7:50 MARKETS
9:45 Total Market Cap
https://www.coingecko.com/en/global_charts 
11:15 Biden Debt Cancelation
https://www.politico.com/news/2022/08/23/biden-student-loan-forgiveness-repayment-pause-00053299 
13:30 Trolley Problem
https://pbs.twimg.com/media/FbBIG1vXgAAniu5  
17:50 Inflation Pain
https://panteracapital.com/blockchain-letter/ethereum-tightening-more-than-fed/ 
20:10 Energy Markets
https://twitter.com/Schuldensuehner/status/1562771407313915905
21:14 FTX Revenue
https://www.cnbc.com/2022/08/20/ftx-grew-revenue-1000percent-during-the-crypto-craze-leaked-financials.html 
22:15 Layer 2 NFTs
https://twitter.com/blockworksres/status/1560292557975801856 
23:40 Hardware Wallets Up
https://decrypt.co/107877/crypto-winter-freezes-have-turned-investors-hardware-wallets 

Tornado Cash Fallout
26:30 Flashbots Blacklists Wallets
https://thedefiant.io/flashbots-blacklists-wallets-tornado 
30:20 FTX Froze Aztec Funds
https://twitter.com/aztecnetwork/status/1560710567249096704  
33:55 Uniswap UI Bans Wallets
https://blockworks.co/wallets-banned-by-uniswap-labs-for-alleged-crimes 
34:40 Alex Persev in Jail
https://twitter.com/skywinder/status/1560655212741685248 
36:30 Tom Emmer
https://twitter.com/RepTomEmmer/status/1562084891247902721 
37:15 Matthew Green
https://twitter.com/ryansadams/status/1561887300887482368 
37:45 Tether
https://twitter.com/Tether_to/status/1562468486886346753 
38:25 Layer Zero
https://twitter.com/ercwl/status/1561180759146336256 

40:00 FEI Fallout
https://thedefiant.io/fei-shutdown-uproar 
41:45 The Proposal
https://tribe.fei.money/t/tip-121-proposal-for-the-future-of-the-tribe-dao/4475 

47:15 BITBOY
https://twitter.com/DegenSpartan/status/1559516281078190080 
49:00 Suing Atozy
https://twitter.com/atozy/thread/1562206338293309440 
51:20 Community Support
https://twitter.com/atozy/status/1562403410791567360 
52:20 Drops the Suit
https://twitter.com/AutismCapital/status/1562541877689126913 

56:40 NEWS
58:30 Merge Updates
https://twitter.com/TimBeiko/status/1562418377582419968  
1:00:20 Merge Dashboards
https://twitter.com/duneanalytics/status/1562021273575751680  
1:00:45 Overhyped Merge
https://newsletter.banklesshq.com/p/is-the-merge-overhyped  
1:11:15 Uniswap Open Source Development
https://app.uniswap.org/#/vote/2/24?chain=mainnet 
1:15:50 Nike vs Adidas
https://twitter.com/Blockworks_/status/1561666150991335431 
1:17:15 Pudgy Penguins
https://decrypt.co/107974/pudgy-penguins-ethereum-nfts-pump-83-as-meta-nansen-execs-join-advisory-board 
1:18:20 BendDAO Bank Run
https://metaversal.banklesshq.com/p/the-benddao-bank-run- 
1:21:54 Gary Gensler
https://twitter.com/cobie/status/1561809080297177092 
1:25:00 Coinbase ENS Integration
https://twitter.com/financeguy74/status/1561872288399691777 
1:28:35 Swell Launch
https://blog.swellnetwork.io/mainnet-soft-launch-announcement/ 
1:29:06 Arbitrum Nitro
https://twitter.com/arbitrum/status/1561812173793419265 

1:29:30 Jobs
https://pallet.xyz/list/bankless/jobs  

1:31:00 Questions from the Nation
https://twitter.com/BanklessHQ/status/1562470760824057857 
1:32:00 Merge for Norms
https://twitter.com/Yash_WeCan/status/1562472673795457029  
1:35:25 More Merge Questions
https://twitter.com/YoEdJoCo/status/1562472379313684480 
1:36:20 Bullish Layer 2
https://twitter.com/_satyakikc/status/1562651521837600770 

TAKES
1:39:11 Unicorn Markets
https://twitter.com/TrustlessState/status/1562559417857773568 
1:40:00 Good Podcast
https://twitter.com/TrustlessState/status/1562569160474824705 
1:41:05 Eric Wall Poll
https://twitter.com/ercwl/status/1562673861434703876 

1:43:25 What David’s Bullish On
1:45:05 What Ryan’s Bullish On

1:48:30 MEME of the Week
https://twitter.com/NFTek2424/status/1562809727608066048 

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

#ethereum #eth #crypto #cryptonews #btc #bitcoin 

Is the Merge Priced In? The Ethereum Proof-of-Stake Merge looms around the corner, but how do the markets feel about it?

Ryan Berckmans and Hal Press have a mutually bullish discussion about the Ethereum network today, tomorrow, and long-term. They're both bullish ETH, but differ on how it's going to play out.

This is our favorite kind of debate. 

------
📣 Chainlink | Register for SmartCon 2022 with promo code “BANKLESS”
https://bankless.cc/smartcon 

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

------
BANKLESS SPONSOR TOOLS: 

🌱 LENS | ACCESS CODE: VITALIK
https://bankless.cc/Lens

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

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

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

🌉 JUNO | BRIDGE FIAT TO LAYER 2
https://bankless.cc/Juno

⚡️ ZKSYNC | THE LAYER 2 SCALING ENDGAME
https://bankless.cc/zkSync

-----
Timestamps:

0:00 Intro
7:00 Hal & Ryan Thesis
18:28 The Merge is Happening
23:30 A Crowded Trade
29:23 Risks and Catalysts
36:10 Structural Significance
41:40 Blockspace Demand
46:40 Real vs Nominal Return
50:30 Miners vs Validators
56:00 Proof of Stake Wins
59:00 Store of Value
1:09:45 The Flippening
1:18:00 Price Predictions

-----
Resources:

Hal Press 
https://twitter.com/NorthRockLP

Ryan Berckmans
https://twitter.com/ryanberckmans

-----
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 

2nd Week of August, 2022

------

📣 Forta | Help Make Web3 a Safer Place

https://bankless.cc/Forta 

------

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

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

------

BANKLESS SPONSOR TOOLS: 

🚀 ROCKET POOL | ETH STAKING

https://bankless.cc/RocketPool

⚖️ ARBITRUM | SCALING ETHEREUM

https://bankless.cc/Arbitrum

❎ ACROSS | BRIDGE TO LAYER 2

https://bankless.cc/Across

🦁 BRAVE | THE BROWSER NATIVE WALLET

https://bankless.cc/Brave

🌴 MAKER DAO | DECENTRALIZED LENDING

https://bankless.cc/MakerDAO

🔐 LEDGER | SECURE STAKING

https://bankless.cc/Ledger 

------

Topics Covered:

0:00 Intro

5:00 MARKETS

7:30 ETH BTC Ratio

https://ratiogang.com/

12:30 Gas Markets

https://twitter.com/TrustlessState/status/1555560926945939457?s=20&t=VcAg464--JOGiSzeNbyayA

15:45 CPI Interest

https://twitter.com/business/status/1557345174015066113

20:00 Layer 2 TVL

https://l2beat.com/

20:40 VC Money

https://twitter.com/fintechintern/status/1556444033555234816?s=21&t=XxUVGr0qz0svCx83Xdo7Rg

22:00 EIP-1559 Anniversary

https://twitter.com/takenstheorem/status/1555531313939087363?s=20&t=ptIP5_rsdZo0gUdYXg7U5A

26:30 NEWS

27:15 Goerli Testnet Merge

Announcement: https://twitter.com/BanklessHQ/status/1557544247619878913?s=20&t=-_fuRP3eW2MCE2WHkiWXyQ

Pandas! https://twitter.com/TimBeiko/status/1557543798523146240?s=20&t=-_fuRP3eW2MCE2WHkiWXyQ

Details: https://twitter.com/vdWijden/status/1557555377314701312?s=20&t=-_fuRP3eW2MCE2WHkiWXyQ

33:00 Tornado Cash Ban

Press Release: https://home.treasury.gov/news/press-releases/jy0916

37:10 Secretary Blinken

https://twitter.com/SecBlinken/status/1556661834287140868?s=20&t=4wDLBQG8U7PusK0R-3UCTQ

Full Story: https://youtu.be/lJZx8RyeJys

38:20 Freezing USDC

https://twitter.com/bantg/status/1556712790894706688?s=21&t=iEzJRHGq48PgLH0Id10pNw

39:40 Github Suspensions

https://twitter.com/semenov_roman_/status/1556717890308653059?s=20&t=-Um1R1tQa_4YPLFEAY9GGw

40:30 Summary Thread

https://twitter.com/SethHertlein/thread/1557442355678117889

44:05 MakerDAO Impact

https://thedefiant.io/tornado-impact-makerdao-dai

48:30 Normalizing Tyranny

https://twitter.com/RyanSAdams/status/1557121749334065154?s=20&t=uv3Ux69ZVUrVvYjhUE9Okw

55:30 Fake Solana DeFi?

https://www.coindesk.com/layer2/2022/08/04/master-of-anons-how-a-crypto-developer-faked-a-defi-ecosystem/

1:02:00 Coinbase BlackRock Partnership

https://blog.coinbase.com/coinbase-selected-by-blackrock-provide-aladdin-clients-access-to-crypto-trading-and-custody-via-b9e7144f313d

1:03:00 Arbitrum Nova

https://twitter.com/arbitrum/status/1557025237769805825

1:06:35 Uniswap Foundation

https://gov.uniswap.org/t/temperature-check-create-the-uniswap-foundation/17358

1:07:30 MakerDAO HVBank

https://twitter.com/SebVentures/status/1555234746539581444?s=20&t=rtTTlkxuLHK_73JuqFqrSA

1:09:05 Meta Instagram NFTs

https://www.theblock.co/post/161497/meta-expands-digital-collectables-support-on-instagram-to-100-more-countries-adopts-flow-blockchain

1:09:30 Voyager Bankruptcy

https://decrypt.co/106791/voyager-digital-approved-return-270-million-clients

1:10:10 Immutable Gamestop

https://twitter.com/Immutable/status/1556797772275208192

1:10:30 Vitalik Compression

https://twitter.com/VitalikButerin/status/1554983955182809088?s=20&t=CP_wmjSv-X4KGDtdVjhk6A

1:12:30 Jobs

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

1:16:00 Questions from the Nation

https://twitter.com/BanklessHQ/status/1557397382744006656?s=20&t=D9vf5Thb0BlBK7osdhdYyg

1:16:30 How to get the PoW fork?

https://twitter.com/accounthome11/status/1557469851270238212?s=20&t=-_fuRP3eW2MCE2WHkiWXyQ

1:18:35 Bridge Risk

https://twitter.com/avi_g_/status/1557406430977994752?s=20&t=-_fuRP3eW2MCE2WHkiWXyQ

1:22:00 Staking Wait Time

https://twitter.com/mmaatt78/status/1557471309554237440?s=20&t=-_fuRP3eW2MCE2WHkiWXyQ

1:22:30 TAKES

1:23:00 Pausing OP Incentives

https://twitter.com/apolynya/thread/1556848533596037120

1:24:10 NFT Roulette

https://twitter.com/ryananderson/status/1555639880612564992

1:25:20 Banning SSL

https://twitter.com/phunk9871/status/1557309945841958912?s=21&t=V2jbdxuDNkHwLw9ZWbuQyA

1:26:50 State of Market

https://twitter.com/notthreadguy/status/1557370241377763329?s=20&t=FAvjCgR1WvvG4Fko8XHcug

1:27:30 What David’s Bullish On

1:30:10 What Ryan’s Bullish On

1:34:00 Meme of the Week

https://twitter.com/calebini/status/1556090898487816192?s=20&t=qS3xmkeCe0NChYWbcVIgiA

-----

Not financial or tax advice. See our investment disclosures here:

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

4th Week of July, 2022

------
📣Rhino.Fi | Massive Mystery Airdrop
https://bit.ly/3o9trRE 

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

------
BANKLESS SPONSOR TOOLS:

🌱 LENS | ACCESS CODE: STAKING
https://bankless.cc/Lens 

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

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

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

🌉 JUNO | BRIDGE FIAT TO LAYER 2
https://bankless.cc/Juno 

⚡️ ZKSYNC | THE LAYER 2 SCALING ENDGAME
https://bankless.cc/zkSync 

------

0:00 Intro

4:00 MARKETS
4:05 BTC Price
4:30 ETH Price
5:44 ETH/BTC
6:35 Total Crypto Market Cap
6:48 Gas Markets
8:18 Federal Reserve
18:34 NFT Price Floor Numbers
https://nftpricefloor.com/ 
21:06 Merge Sell Pressure 
https://twitter.com/DeFiSurfer808/status/1550215641248026624 
23:53 ETH vs. BTC Bear Market Chart
https://twitter.com/FelixOHartmann/status/1551323998465794050 

31:15 NEWS
31:20 Three Arrows Capital Speaks
32:05 3AC Speaks
https://www.bloomberg.com/news/articles/2022-07-22/three-arrows-founders-en-route-to-dubai-describe-ltcm-moment#xj4y7vzkg 
36:00 RSA Takeaway
https://twitter.com/RyanSAdams/status/1550481320933003265 

41:50 Coinbase Insider Trading
41:55 Former Coinbase PM Arrested
https://www.theblock.co/post/158960/former-coinbase-product-manager-arrested-on-insider-trading-charges 
45:05 Jake Take
https://twitter.com/jchervinsky/status/1550156019296247810 
46:05 Jake 2nd Thread
https://twitter.com/jchervinsky/thread/1550515627961589762 
48:25 Coinbase Does Not List Securities
https://blog.coinbase.com/coinbase-does-not-list-securities-end-of-story-e58dc873be79 
50:30 Statement of Commissoner Caroline D. Pham on SEC
https://www.cftc.gov/PressRoom/SpeechesTestimony/phamstatement072122 
52:38 SEC Probe
https://www.cnbc.com/2022/07/26/coinbase-shares-tumble-after-report-that-its-facing-sec-probe.html 
https://twitter.com/0xSisyphus/status/1552300223682281472 
52:55 Coinbase Down Bad
53:29 Cathie Wood $ARKK Sold 1.41M Shares
https://twitter.com/unusual_whales/status/1552085054653730816
53:53 Remember DeFi?
https://twitter.com/RyanSAdams/status/1550450216201076736 

56:40 Georli Testnet Merge
https://twitter.com/BanklessHQ/status/1552712874543439876 

59:30 ETH
59:57 zkEVM Differences
https://twitter.com/socketdottech/status/1550149054243360768 
1:03:32 Uniswap Fees CRUSHING IT
https://twitter.com/haydenzadams/status/1551579707736473601 
1:04:20 Uniswap Fee Switch Debate
https://gov.uniswap.org/t/fee-switch-design-space-next-steps/17132 
1:06:00 AntPool Believes! (Will no one fork Ethereum?)
https://www.coindesk.com/business/2022/07/26/antpool-supports-ethereum-classic-ecosystem-with-10m-investment/ 
1:09:10 ETC Pumping lately
https://www.coingecko.com/en/coins/ethereum-classic 

1:10:40 NFTs
1:10:50 POAP Making Moves in the WNBA
https://twitter.com/leadinscientist/status/1552298253194076166 
https://poap.gallery/event/55974 

1:12:30 REGULATION
Crypto Transactions Less Than $50
https://decrypt.co/106006/bipartisan-bill-seeks-to-eliminate-taxes-on-crypto-transactions-under-50 

1:13:20 MISC
1:13:35 Solana Physical Stores
https://twitter.com/Scott_eth/status/1551539635137953793 
1:14:05 Chipotle Dips into Crypto with ‘Buy the Dip’ Promo
https://decrypt.co/105916/chipotles-buy-the-dip-promo-includes-200k-in-crypto-for-customers-coinbase-accounts 

1:14:35 RELEASES
1:14:40 Mirror’s Web3 Subscriptions
https://dev.mirror.xyz/Jn62zF5n62BfowdaFgm3uIx3Fgp2vIR7b-HTSxKVXqk 
1:15:25 WalletConnect Chat
https://twitter.com/WalletConnect/status/1550061470595137536 

1:15:50 RAISES
1:15:55 Aptos $150M From FTX Ventures, Jump Crypto & More
https://medium.com/aptoslabs/entering-the-next-phase-of-the-aptos-journey-with-added-funding-and-new-partners-d4daa03dd17c 
1:18:18 Unstoppable Domains reaches unicorn status $65M Series A
https://blockworks.co/unstoppable-domains-reaches-unicorn-status-after-latest-raise/ 

1:18:45 Jobs
https://pallet.xyz/list/bankless/jobs 
1:20:10 Devcon
https://devcon.org/tickets/ 
https://forms.gle/x6GHpq8MAZJCwwsq5 
https://devcon.org/en/bogota/ 

1:23:20 Questions of the Week
https://twitter.com/MyMoneyPlanCH/status/1552341093911613441 
https://twitter.com/FunnaEth/status/1552329571487432704 
https://twitter.com/Sjr05d/status/1552324854522810368 

1:33:27 TAKES
1:33:30 CT Sentiment (Hot and Cold)
https://twitter.com/CryptoCronkite/status/1552244606166831104 
1:33:55 What Leads?
​​https://twitter.com/TrustlessState/status/1552452639249600514  
1:35:50 Seattle NFT Museum
https://twitter.com/TimBeiko/status/1551312206704381952 
1:36:50 Vitalik: Update on Roadmap
https://imgur.com/zrS4A3N 
https://imgur.com/bb4AmvR 

1:40:40 What David’s Bullish On
1:43:50 What Ryan’s Bullish On

1:47:16 Meme of the Week
https://twitter.com/HsakaTrades/status/1552648542153351169 

1:48:15 Closing & Disclaimers

——-
Not financial or tax advice.

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

3rd Week of July, 2022

------
📣Rhino.Fi | Massive Mystery Airdrop
https://bit.ly/3o9trRE 

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

------
BANKLESS SPONSOR TOOLS: 

🌱 LENS | ACCESS CODE: STAKING
https://bankless.cc/Lens 

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

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

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

🌉 JUNO | BRIDGE FIAT TO LAYER 2
https://bankless.cc/Juno 

⚡️ ZKSYNC | THE LAYER 2 SCALING ENDGAME
https://bankless.cc/zkSync 

------

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 

Travis Kling is the founder of Ikigai Asset Management, and on today's State of the Nation, we're tackling the biggest trade of the year.

While the global market fundamentals crumble, the Ethereum ecosystem looks primed to make history with a successful transition to Proof-of-Stake.

What does this mean for crypto? How is a seasoned investor going to take advantage of a chaotic 2022?

------
📣Rhino.Fi | Massive Mystery Airdrop
https://bit.ly/3o9trRE 

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

------
BANKLESS SPONSOR TOOLS: 

🌱 LENS | ACCESS CODE: WAGMI
https://bankless.cc/Lens 

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

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

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

🌉 JUNO | BRIDGE FIAT TO LAYER 2
https://bankless.cc/Juno 

⚡️ ZKSYNC | THE LAYER 2 SCALING ENDGAME
https://bankless.cc/zkSync 

------
Resources:

Travis Kling
https://twitter.com/Travis_Kling 

Ikigai Asset Management
https://www.ikigai.fund/ 

-----
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