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The Ultimate Guide to Crypto Finance. DeFi, NFTs, and cryptocurrencies. Level up. Go bankless.
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In This Economy? How Money & Markets Really Work | Kyla Scanlon
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Is it all vibes? Always has been.
Kyla Scanlon is a writer, podcaster, analyst, founder of financial education company Bread, and an all around brilliant explainer of things hard to explain.
Expect to learn why economies are vibe reflectors, Kyla’s “economic kingdom” model and an overview on the current state of economic affairs.
Financial literacy is a superpower and Kyla managed to compress this topic that people have been trying to figure out for ages in an easy to understand economics toolbox.
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TIMESTAMPS
0:00 Intro
6:55 The Vibes Economy
12:10 Understanding Money & Finance
17:04 The Economic Kingdom
20:37 The Monetary Castle
28:35 The Fiscal Castle
37:47 Vibes are the Economy
56:23 The Deciders
1:00:55 Housing Market
1:06:58 The Labor Market
1:13:35 Wealth Inequality
1:19:12 Energy
1:23:01 The Economics Toolbox
1:28:03 What’s Next for Kyla
1:33:03 Closing & Disclaimers
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RESOURCES
Kyla Scanlon on X
https://x.com/kylascan
Kyla Scanlon Website
https://kylascanlon.com/
Order “In this Economy?” Now
https://www.penguinrandomhouse.com/books/737854/in-this-economy-by-kyla-scanlon/
Kyla’s “AI Can't Plant Corn (Yet)”
https://kyla.substack.com/p/ai-cant-plant-corn-yet
WSJ “How Gen Z Is Becoming the Toolbelt Generation”
https://www.wsj.com/lifestyle/careers/gen-z-trades-jobs-plumbing-welding-a76b5e43
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Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures -
Stablecoins and National Security | Former CFTC Chair Timothy Massad
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🎬 DEBRIEF | Ryan & David unpacking the episode:
https://www.bankless.com/debrief-the-timothy-massad-interview
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Are stablecoins a threat to national security? How should the US government step in?
We brought Timothy Massad, the perfect guest to help us answer these hard questions. He was the Obama appointed chair for the CFTC, the guy who helped designate Bitcoin as a commodity over 10 years ago.
We touch on:
- The importance of stablecoins.
- How stablecoins compare to eurodollars.
- Weather crypto and sanctions can co-exist.
- A sensible policy for stablecoins.
- And finally, his thoughts on what happens next.
Timothy brings a whole different perspective from what we’re used to in our crypto bubble. That’s exactly why you should tune into this episode.
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TIMESTAMPS
0:00 Intro
6:34 Timothy’s Background
9:30 Security vs Commodity
12:46 Stablecoin First Impressions
21:42 The Importance of Stablecoins
28:26 History of the Eurodollar
38:46 Economic Sanctions
47:47 Stablecoins and Sanctions
1:08:59 A Stablecoin Future
1:13:37 A CBDC Future
1:18:49 What about Privacy?
1:20:58 The Role of the Dollar
1:23:18 Stablecoins Abroad
1:25:43 Predictions
1:28:10 Closing & Disclaimers
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RESOURCES
Timothy Massad
https://x.com/timmassad
Stablecoins and National Security by Timothy Massad
https://www.brookings.edu/articles/stablecoins-and-national-security-learning-the-lessons-of-eurodollars/
Five Perspectives on Stablecoins by Nic Carter
https://medium.com/@nic__carter/five-perspectives-on-stablecoins-5bc20076270a
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Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures -
Why the Ethereum ETF is Bullish $ETH | Matt Hougan of Bitwise
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https://zora.co/collect/zora:0x0c294913a7596b427add7dcbd6d7bbfc7338d53f/5
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Matt Hougan is the CIO at Bitwise, and has been one of the best people to talk to when it comes to understanding the ETF process, and the impact of ETFs on the crypto markets.
Today we dive into the specifics on what exactly the ETF approval means for ETH.
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🛞MANTLE | MODULAR LAYER 2 NETWORK
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⚖️ARBITRUM | SCALING ETHEREUM
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🌐 CARTESI | LINUX-POWERED ROLLUPS
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TIMESTAMPS
00:00 Intro
05:46 What Exactly Happened?
08:45 Was This Really Political?
12:11 Who's Responsible For This
16:46 Next Steps For ETF
20:36 Matt's ETF Story
22:44 ETF Price Impact
27:38 ETF Inflow Predictions
34:50 Explaining The ETH Narrative
38:23 Matt's 2 Minute Pitch
45:12 How Bitwise's Job Changes
49:01 ETH Charts
54:31 Legislation
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RESOURCES
Matt on X: https://x.com/Matt_Hougan
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Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures -
ROLLUP: ETH ETF Approved | Crypto Politics | Uniswap Wells Notice | Airdrop Reset?
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Bankless Friday Weekly Rollup
4th Week of May
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📣 TRANSPORTER - SECURED BY CHAINLINK CCIP | TRY IT OUT
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BANKLESS SPONSOR TOOLS:
🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE
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🔗CELO | CEL2 COMING SOON
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🛞MANTLE | MODULAR LAYER 2 NETWORK
https://bankless.cc/Mantle
🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION
https://bankless.cc/toku
⚖️ARBITRUM | SCALING ETHEREUM
https://bankless.cc/Arbitrum
🌐 CARTESI | LINUX-POWERED ROLLUPS
https://bankless.cc/CartesiGovernance
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TIMESTAMPS & RESOURCES
0:00 Intro
3:52 MARKET
WatcherGuru/status/1792646445075431627
https://ycharts.com/companies/ETHE/discount_or_premium_to_nav
https://x.com/Timccopeland/status/1793653604387328381
https://x.com/bx1core/status/1792712990141338049
https://imgur.com/hbveuq5
https://x.com/pythianism/status/1793369623301403024
https://x.com/UncleRewards/status/1793623611405947147
https://imgur.com/uevxXfe
https://www.coinglass.com/bitcoin-etf
18:54 How the odds of an ETH ETF approval suddenly swung in our favor
https://x.com/BanklessHQ/status/1791140496397468064
https://x.com/RyanSAdams/status/1791147869791002699
https://www.youtube.com/watch?v=bFEGCmHqBT4&t=898s
https://x.com/songadaymann/status/1792667124919599263
https://x.com/EricBalchunas/status/1792636523050906102
https://www.coindesk.com/policy/2024/05/20/ether-etfs-filing-process-sees-abrupt-progress-though-approval-not-guaranteed-sources/
https://x.com/JSeyff/status/1793039305125790105
26:28 Letter Urging ETH ETF Approval from Congress - THIS MORNING
https://x.com/EricBalchunas/status/1793620303966503267
https://x.com/CGasparino/status/1793268472484425865
https://x.com/nategeraci/status/1792993889189593502
https://x.com/JSeyff/status/1792650597377757456
29:50 Promethum is launching its Ethereum custody
https://fortune.com/crypto/2024/05/20/controversial-digital-assets-firm-prometheum-launches-long-awaited-ether-custody-argues-that-existing-laws-work-for-crypto/
https://financialservices.house.gov/news/documentsingle.aspx?DocumentID=409274
https://x.com/RyanSAdams/status/1792907980624523549
https://x.com/jchervinsky/status/1793398130269954346
32:16 FIT21 passes the House 279 - 136 🎉
https://financialservices.house.gov/news/documentsingle.aspx?DocumentID=409277
https://x.com/avichal/status/1793370415664148496
https://youtu.be/_QvOzpKX3I4?si=__6q_Ffl-PU7R4oe
https://x.com/BanklessHQ/status/1793291448965624088
https://pelosi.house.gov/news/press-releases/pelosi-statement-fit21-legislation
https://x.com/BanklessHQ/status/1793367943671402923
43:12 Another win for crypto this week - “Choke Point Marty is done”
https://x.com/nic__carter/status/1792569285799186641
https://x.com/twobitidiot/status/1793606319301447920
https://www.sec.gov/news/statement/gensler-21st-century-act-05222024
https://x.com/twobitidiot/status/1793399316012318821
https://x.com/zerohedge/status/1792659983370523096
https://x.com/nic__carter/status/1792660581272670650
https://x.com/meanwhilelife/status/1792936024244466174
Exhibit A: https://x.com/ewarren/status/1641138829162577928
Exhibit B: https://x.com/WatcherGuru/status/1793261382676119866
Exhibit C: https://x.com/BitcoinMagazine/status/1793025045310115910
Exhibit D: https://x.com/SMTuffy/status/1793604355591110692
Exhibit E: https://x.com/SenLummis/status/1793654641974288558
53:32 ETH ETF just reopened the window for protocol airdrops!
https://x.com/TrustlessState/status/1792958932228653249
55:09 Yuga Labs ‘Punk World’
https://x.com/cryptopunksnfts/status/1792594316172341315
https://x.com/CryptoGarga/s -
ETH ETF Officially Approved! | James Seyffart
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https://zora.co/collect/zora:0x0c294913a7596b427add7dcbd6d7bbfc7338d53f/3
The Ether spot ETF has officially been approved marking a landmark day for Ethereum and crypto as a whole. We're going live today to discuss the extent of this approval and what it means for Ether the asset, and more broadly the entire crypto industry. This is a big deal and we're stoked to be sharing this moment live with the Bankless Nation.
James on X: https://x.com/JSeyff
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⚖️ARBITRUM | SCALING ETHEREUM
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TIMESTAMPS & RESOURCES
00:00 It Happened
05:09 ETF Approved!
07:24 Boom Approval Surprise
09:11 Why Did This Happen?
13:38 When Will The ETFs Go Live?
15:47 ETF Inflows
19:18 ETH Education Campaign
21:37 Staked ETF?
24:14 What Coin is Next?
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Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures -
Rep Patrick McHenry on Crypto's Big Week in DC
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This is a huge week for crypto in DC and we have on Congressman Patrick McHenry to tell us all about it.
Three big things:
1) SAB 121 repeal bill going to Biden’s desk - will he let it pass or veto?
2) SEC approve/deny Ethereum ETF - decision due thursday.
3) House vote on FIT bill you’ve been championing - well talk about that bill.
Stand with Crypto: https://www.standwithcrypto.org/politicians
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⚖️ARBITRUM | SCALING ETHEREUM
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TIMESTAMPS
00:00 Start
04:05 Introduction to Congressman McHenry
05:11 Crypto in DC Temp Check
07:34 Generational vs Partisan Divide
12:57 Has Biden's Crypto Sentinent Changed?
16:46 FIT 21 Act
20:10 Security vs Commodity
23:18 Startups Becoming Commodities
26:34 Why Should Congress Support?
29:22 Why Patrick Cares About Crypto
33:25 Stablecoin Legislation
35:37 Will Crypto Still Be Under Attack?
38:24 Trump vs Biden Crypto Policies
40:41 How To Get Involved
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RESOURCES:
Patrick on X: https://x.com/PatrickMcHenry
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Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures