Bankless

Bankless

The Ultimate Guide to Crypto Finance. DeFi, NFTs, and cryptocurrencies. Level up. Go bankless.

  1. Is Bitcoin Going According to Plan? Gold, Saylor, Satoshi | Dan Held

    1 hr ago ·  Video

    Is Bitcoin Going According to Plan? Gold, Saylor, Satoshi | Dan Held

    What happens when rebel money becomes institutional money? In this episode, David sits down with Bitcoin OG Dan Held to ask whether Bitcoin is actually going according to plan. They unpack Bitcoin’s cypherpunk origins, the rise of ETFs and corporate treasuries, Michael Saylor’s influence, Bitcoin’s missed scaling opportunities, privacy tradeoffs, quantum risk, the Satoshi mystery, and why Dan thinks Bitcoin can still flip gold. --- 📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24 https://bankless.cc/spotify-premium --- BANKLESS SPONSOR TOOLS: 🔮POLYMARKET | #1 PREDICTION MARKET https://bankless.cc/polymarket-podcast 📊BITGET | TOKENIZED STOCKS 2.0 https://bankless.cc/bitget-stocks 🎯THE DEFI REPORT | ONCHAIN INSIGHTS https://thedefireport.io/bankless 👑BANKLESS PREMIUM | AD-FREE & BONUS EPISODES https://bankless.cc/spotify-premium --- TIMESTAMPS 0:00 Is Bitcoin Going According to Plan? 2:39 Bitcoin’s Culture Changed, But Did the Code? 9:06 From Magic Internet Money to Digital Gold 15:08 Michael Saylor, Strategy and Concentration Risk 20:08 Is Bitcoin Becoming Too US-Coded? 24:12 Did Bitcoin Miss Its Scaling Moment? 29:42 Privacy, Cash and Bitcoin’s Tradeoffs 32:15 Satoshi’s Design Choices 37:50 BIPs, Quantum Risk and Bitcoin Upgrades 41:35 How Urgent Is Quantum? 44:14 The Satoshi Mystery 47:38 Bitcoin’s Next Phase of Adoption 49:23 Will Bitcoin Flip Gold? 53:11 Being Early Looks Crazy --- RESOURCES Dan Held https://x.com/danheld --- Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures

    58 min
  2. ROLLUP: War Returns, Markets Shrug | Saylor Sells | Robinhood Memecoins | Ethereum 3.0?

    3 days ago ·  Video

    ROLLUP: War Returns, Markets Shrug | Saylor Sells | Robinhood Memecoins | Ethereum 3.0?

    War with Iran is back, but markets barely blinked. Ryan and David unpack Saylor’s $216 million Bitcoin sale, whether it marked the bottom, Robinhood Chain’s memecoin breakout, and Vitalik’s “Ethereum 3.0” roadmap. --- 📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24 https://bankless.cc/spotify-premium --- BANKLESS SPONSOR TOOLS: 📊BITGET | TOKENIZED STOCKS 2.0 https://bankless.cc/bitget-stocks  🧭OKX | TRADE, EARN, PAY to OKX | 120M+ USERS WORLDWIDE https://app.okx.com/join/USBANKLESS  🎯THE DEFI REPORT | ONCHAIN INSIGHTS https://thedefireport.io/bankless  --- TIMESTAMPS 0:00 Intro 3:12 Iran War Returns, Markets Shrug & Saylor Sells 3,588 BTC — Was That the Bottom? https://x.com/DrEliDavid/status/2074781504757027087  https://x.com/saylor/status/2074101854875656316 https://www.bankless.com/read/how-strategy-can-sell-billions-in-bitcoin https://x.com/rob_e89rtosmit/status/2074484772622172307 20:17  Robinhood Chain’s First Hit: Memecoins https://x.com/vladtenev/status/2074695821896065360 https://x.com/haydenzadams/status/2075062776473546979 https://www.coindesk.com/tech/2026/07/09/cashcat-trader-turns-usd800-into-over-usd1-million-on-robinhood-s-brand-new-blockchain https://dune.com/entropy_advisors/robinhood-chain-network-overview 28:17 Ethereum 3.0? Vitalik’s New Strawmap https://x.com/VitalikButerin/status/2073459000398463446 https://strawmap.org https://x.com/r2Jamong/status/2074053557284982925 https://x.com/barnabemonnot/status/2073708226701328474 https://x.com/dankrad/status/2073532475431887354 https://x.com/DefiIgnas/status/2073480431887056958 45:46 JPMorgan’s $700M Ethereum Fund & Paradigm Fundraise https://cryptobriefing.com/jpmorgan-jltxx-tokenized-money-market-fund-surges-250-percent/ https://x.com/TradingProtocol/status/2074383012939141407 https://x.com/matthuang/status/2074873573983035801 53:13 The Fight for 24/7 Markets & David’s Portfolio Check-In https://x.com/jchervinsky/status/2075230297134645744 https://x.com/econoar/status/2075056773724062031 https://x.com/rambo_xbt/status/2075192964259672434 https://x.com/TrustlessState/status/2062122936790581520 1:04:00 Closing & Disclaimers --- Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures

    1hr 5min
  3. How Hyperliquid Becomes the Backend for ALL of Finance | Tushar Jain

    6 days ago ·  Video

    How Hyperliquid Becomes the Backend for ALL of Finance | Tushar Jain

    Multicoin provides investment advice to certain private fund clients that own HYPE tokens discussed herein and stands to gain in the event that the price of the token increases. Multicoin's HYPE valuation report discussed in this podcast can be found as a link in the show notes.  Any trading discussion is for informational purposes only and is not a recommendation to engage in derivatives, leverage, or any specific trading strategy. --- 🧭OKX | 120M+ USERS WORLDWIDE https://app.okx.com/join/USBANKLESS --- Hyperliquid is already one of crypto’s biggest perp stories, but Multicoin’s Tushar Jain thinks the market may still be looking at it too narrowly. In this episode, David sits down with Tushar to unpack the deeper thesis: portfolio margining as the hidden unlock, HIP3 and builder codes as the path to platformization, real traction versus farmed volume, and why HYPE’s value-capture model is unusually direct for crypto. --- BANKLESS SPONSOR TOOLS: 🔮POLYMARKET | #1 PREDICTION MARKET https://bankless.cc/polymarket-podcast 📊BITGET | TOKENIZED STOCKS 2.0 https://bankless.cc/bitget-stocks 🎯THE DEFI REPORT | ONCHAIN INSIGHTS https://thedefireport.io/bankless 👑BANKLESS PREMIUM | AD-FREE & BONUS EPISODES https://bankless.cc/spotify-premium --- TIMESTAMPS 0:00 Intro 1:50 Perps Get TradFi’s Attention 3:17 More Than a Perp DEX 6:29 Why Portfolio Margining Matters 11:13 HIP3 and Permissionless Market Creation 13:47 Hyperliquid Becomes a Platform 19:54 The On-Ramp Question 21:36 Perps Are Not the Whole Thesis 28:04 Cash Flow as the Credibility Signal 33:05 Valuation Multiples and Lighter 34:36 Multicoin’s HYPE Framework 42:05 Token Value Capture 43:34 Unlocks, Wealth, and Team Motivation 48:30 The US Perps Question 52:27 Does Hyperliquid Need to Come Onshore? 54:32 The Final Bull Case --- RESOURCES Tushar Jain https://x.com/tushar_jain Multicoin's Hype Analysis and Valuation report can be found here: https://multicoin.capital/2026/06/25/hyperliquid-hype-analysis-and-valuation/ The report includes important disclosures concerning the data and assumptions by Multicoin discussed today. Multicoin may have interests in companies mentioned during the episode. --- Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures

    54 min
  4. The Rise of Robinhood Chain: Tokenized Stocks, Perps, and 27M Users | Johann Kerbrat

    6 Jul ·  Video

    The Rise of Robinhood Chain: Tokenized Stocks, Perps, and 27M Users | Johann Kerbrat

    Robinhood Chain is live, and it may be one of the clearest signs yet that traditional finance is moving onto Ethereum rails. Johann Kerbrat, VP of Crypto at Robinhood, joins David to unpack the launch of tokenized stocks, USDG yield through Morpho, regulated and crypto-native perps, the Lighter integration, and why Robinhood Wallet is being built for the billions of people who have never used crypto before. --- 📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24 https://bankless.cc/spotify-premium --- BANKLESS SPONSOR TOOLS: 🔮POLYMARKET | #1 PREDICTION MARKET https://bankless.cc/polymarket-podcast 📊BITGET | TOKENIZED STOCKS 2.0 https://bankless.cc/bitget-stocks 🎯THE DEFI REPORT | ONCHAIN INSIGHTS https://thedefireport.io/bankless 👑BANKLESS PREMIUM | AD-FREE & BONUS EPISODES https://bankless.cc/spotify-premium --- TIMESTAMPS 0:00 Intro 1:45 Robinhood Chain Goes Live 2:45 Robinhood’s 15-Product Crypto Push 5:47 Tokenized Stocks on Robinhood Chain 11:32 USDG Yield and Robinhood Earn 16:19 Perps Across Robinhood, Bitstamp, and Lighter 19:44 The Lighter Partnership 23:12 Will Robinhood and DeFi Converge? 27:15 Why Robinhood Chose Arbitrum 28:40 Building Crypto for Non-Crypto Users 31:36 How to Get Started on Robinhood Chain --- RESOURCES Johann Kerbrat https://x.com/JohannKerbrat --- Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures

    33 min
  5. ROLLUP: Crypto Bullish Again? | OpenUSD vs USDC | Robinhood Chain | Trump’s $1.4B Haul

    3 Jul ·  Video

    ROLLUP: Crypto Bullish Again? | OpenUSD vs USDC | Robinhood Chain | Trump’s $1.4B Haul

    Crypto looks bullish again, but the receipts are complicated. David and Ryan unpack OpenUSD’s USDC threat, Robinhood Chain’s tokenized stocks, Saylor’s hedge-fund pivot, Venice’s token dilemma, Cloudflare’s stablecoin payments, and Trump’s $1.4B crypto haul. --- 📣OKX | THE NEW MONEY APP https://app.okx.com/en-us/join/usbankless --- BANKLESS SPONSOR TOOLS: 🧭OKX | TRADE, EARN, PAY to OKX | 120M+ USERS WORLDWIDE https://app.okx.com/join/USBANKLESS 📊BITGET | TOKENIZED STOCKS 2.0 https://bankless.cc/bitget-stocks 🎯THE DEFI REPORT | ONCHAIN INSIGHTS https://thedefireport.io/bankless --- TIMESTAMPS & RESOURCES  0:00 Intro 2:37 Market Bounce + Fed Watch https://x.com/KillaXBT/status/2072288076928266434 https://www.cnbc.com/2026/07/01/kevin-warsh-ecb-forum-live-updates.html https://polymarket.com/event/fed-decision-in-july-181 https://thedefireport.io/research/52-of-the-btc-supply-is-now-in-the-red https://x.com/Geiger_Capital/status/2072660106035028395 8:37 Strategy’s Digital Credit Capital Framework https://x.com/saylor/status/2071565162377568377 https://x.com/Strategy/status/2071565225699004761 16:37 The Rise of Robinhood Chain https://x.com/RobinhoodApp/status/2072390893181481419 https://x.com/charliekerr/status/2072477658802217187 https://x.com/EntropyAdvisors/thread/2072395320752050212 https://x.com/trent_vanepps/status/2072405895313588351 https://x.com/Lighter_xyz/status/2072394977729040722 https://x.com/Lighter_xyz/status/2072401925094441109 26:10 Venice AI Becomes a Unicorn https://techcrunch.com/2026/07/01/venice-ai-becomes-a-unicorn-with-65m-series-a-as-its-privacy-first-ai-platform-takes-off/ https://x.com/ErikVoorhees/status/2072326370206581037 https://x.com/ErikVoorhees/status/2072336126912630921 https://x.com/MikeIppolito_/status/2072353260795572281 https://x.com/ChainLinkGod/status/2072378849921577306 https://x.com/CosimoCapital/status/2072450958270050394 35:07 OpenUSD vs USDC https://joinopenstandard.com/blog/introducing-open-usd/ https://x.com/stripe/status/2071948464762618051 https://x.com/jerallaire/status/2072252803163255179 https://x.com/lorenzoark/status/2071997238713127404 https://x.com/HadickM/thread/2072286093744234864 https://x.com/koeppelmann/status/2071961529671418065 https://x.com/paoloardoino/status/2071982330915225771 46:10 Ethereum Institutional Launches https://x.com/ethereuminsti/status/2072304960142729373 https://www.ethereuminstitutional.org/ https://x.com/fundstrat/status/2072318453248094708 https://x.com/Sharplink/status/2072307000298397834 https://x.com/ethlabs_org/status/2072326438594748921 49:03 Trump’s $1.4B Crypto Disclosure https://x.com/aggrnews/status/2072059335081967812 https://x.com/AC360/status/2072128334666879070  https://x.com/business/status/2072069350060617837 54:28 Solana Memecoin Revival https://x.com/TrustlessState/status/2072653822283874481 https://www.coingecko.com/en/coins/the-black-bull https://x.com/Adam_Tehc/status/2072183263893065930 https://polymarket.com/event/what-price-will-ansem-hit-in-2026 59:20 Cloudflare x402 Stablecoin Payments https://blog.cloudflare.com/monetization-gateway/ https://youtu.be/TKVY4hVAd9g 1:02:08 Meme of the Week https://x.com/pubity/status/2072436231284072635 https://x.com/FoxNews/status/2072357302942752993 https://x.com/RidazLp2/status/2072563280602927377/photo/4 1:03:35 Closing & Disclosures --- Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures

    1hr 4min
  6. How Ondo Is Bringing Stocks and Perps Onchain | Ian De Bode

    2 Jul ·  Video

    How Ondo Is Bringing Stocks and Perps Onchain | Ian De Bode

    The stock market is starting to move onchain, and Ondo is one of the teams building the rails. Ian De Bode joins David to explain how Ondo brought tokenized SpaceX stock to Ethereum minutes after trading began, why tokenized equities need real market liquidity instead of shallow DEX pools, and how Ondo Perps could unlock a new generation of RWA trading by using tokenized stocks as collateral. --- 📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24 https://bankless.cc/spotify-premium --- BANKLESS SPONSOR TOOLS: 🔮POLYMARKET | #1 PREDICTION MARKET https://bankless.cc/polymarket-podcast 📊BITGET | TOKENIZED STOCKS 2.0 https://bankless.cc/bitget-stocks 🎯THE DEFI REPORT | ONCHAIN INSIGHTS https://thedefireport.io/bankless 👑BANKLESS PREMIUM | AD-FREE & BONUS EPISODES https://bankless.cc/spotify-premium --- TIMESTAMPS 0:00 Ondo’s RWA Moment 1:17 How SpaceX Stock Hit Ethereum in Minutes 2:57 What Actually Backs a Tokenized Stock? 4:49 The Onchain and Offchain Market Machine 10:29 Where the Demand Comes From 12:46 The Most Popular Tokenized Stocks 14:54 Why Perps Need Better Collateral 20:46 New Strategies for Onchain Asset Management 25:02 The Next 12 to 18 Months 26:14 How Big Can Perps Get? 28:46 Offshore Versus Onshore Perp Markets 32:05 Inside Ondo Perps 36:24 Why Not Build on Hyperliquid? 37:49 Launch Timeline and Early Demand 39:48 Will Wall Street Incumbents Compete or Help? 43:52 Ondo’s 2026 Roadmap 45:22 Remembering Nathan Allman --- RESOURCES Ian De Bode https://x.com/iandebode --- Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures

    49 min
  7. Strategy is Trapped & in Crisis — "It's Basically a Hedge Fund Now" | Jeff Dorman & Matt Walsh

    1 Jul ·  Video

    Strategy is Trapped & in Crisis — "It's Basically a Hedge Fund Now" | Jeff Dorman & Matt Walsh

    Michael Saylor’s Strategy bought itself time, but did it actually solve the problem? David sits down with Jeff Dorman and Matt Walsh to unpack Strategy’s increasingly complex capital structure, why $STRC and MSTR are now fighting for oxygen, whether Saylor may need to sell Bitcoin, and why the company is starting to look less like a levered BTC play and more like an actively managed hedge fund. --- 📣OKX | THE NEW MONEY APP https://app.okx.com/en-us/join/usbankless --- BANKLESS SPONSOR TOOLS: 🔮POLYMARKET | #1 PREDICTION MARKET https://bankless.cc/polymarket-podcast 📊BITGET | TOKENIZED STOCKS 2.0 https://bankless.cc/bitget-stocks 🎯THE DEFI REPORT | ONCHAIN INSIGHTS https://thedefireport.io/bankless 👑BANKLESS PREMIUM | AD-FREE & BONUS EPISODES https://bankless.cc/spotify-premium --- TIMESTAMPS 0:00 Intro 2:30 Can Stretch Return to 100? 4:00 Explaining the New Framework 4:43 Can the Capital Stack Coexist? 6:39 Refunding the Converts 8:32 MNAV Near the Breaking Point 11:15 Option Value or Investor Betrayal 15:37 Legal Risk and Retail Exposure 19:52 Buying Time, Not Solving It 22:20 Scenario Odds After the Pivot 24:54 Sell Bitcoin or Wait 28:59 M&A as a New Path 34:13 Temporary Relief, Future Crash 36:21 Slow Bleed, Not Bankruptcy 40:58 Bitcoin Needs a Bigger Narrative 46:56 Would Jeff Buy Stretch? 48:26 Is the Model Actually Genius? 52:09 Closing & Disclaimers --- RESOURCES Matt Walsh https://x.com/MattWalshInBos Jeff Dorman https://x.com/jdorman81 --- Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures

    54 min
  8. Ethlabs: The New Org to Make Ethereum Win | Ansgar & Caspar

    29 Jun ·  Video

    Ethlabs: The New Org to Make Ethereum Win | Ansgar & Caspar

    Ethereum has a new R&D lab, and its mission is blunt: make Ethereum and ETH win. In this episode, David sits down with Ansgar and Caspar, two co-founders of Ethlabs, to unpack why the organization exists, how it complements the Ethereum Foundation, and what it means to put Ethereum back on offense. --- 📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24 https://bankless.cc/spotify-premium --- BANKLESS SPONSOR TOOLS: 🔮POLYMARKET | #1 PREDICTION MARKET https://bankless.cc/polymarket-podcast 🧭OKX | TRADE, EARN, PAY to OKX | 120M+ USERS WORLDWIDE https://app.okx.com/join/USBANKLESS 🦊 METAMASK | DOWNLOAD NOW https://go.metamask.io/BL-Pod-Download 🌐BRIX | EMERGING MARKET YIELD https://bankless.cc/brix 📊BITGET | TOKENIZED STOCKS 2.0 https://bankless.cc/bitget-stocks 🎯THE DEFI REPORT | ONCHAIN INSIGHTS https://thedefireport.io/bankless --- TIMESTAMPS 0:00 What is Ethlabs? 2:35 The EF Narrows Its Mission 9:30 Putting Points on the Board 13:06 Principles Need Users 14:53 ETH the Asset and Ethereum the Network 17:33 Scaling, Interop, and Growth Workstreams 22:52 The Talent Behind Ethlabs 25:27 What a New Organization Unlocks 27:53 Pro Markets, Pro Growth, Pro ETH 30:51 The Trillion Dollar ETH Question 37:07 Who Steers Ethereum? 39:55 Shared Vision, Different Path 45:13 Funding Ethlabs 51:54 Hiring for Ethlabs 54:24 Ethereum’s Long Arc 58:14 What Comes First --- RESOURCES Ansgar Dietrichs https://x.com/adietrichs Caspar Schwarz-Schilling https://x.com/casparschwa Ethlabs https://ethlabs.org/ --- Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures

    59 min
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About

The Ultimate Guide to Crypto Finance. DeFi, NFTs, and cryptocurrencies. Level up. Go bankless.

Information

  • Creator
    Bankless
  • Years Active
    2020 - 2026
  • Episodes
    1.3k
  • Rating
    Explicit
  • Show Website
    Bankless

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