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✨ DEBRIEF | Ryan & David unpacking the episode:
https://www.bankless.com/debrief-the-regan-bozman-interview 
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Today we explore the frontier of Venture Capitalists vs Retail Investors, are they at war? That’s exactly what we debate on the show with crypto writer and VC Regan Bozman.
Lots of questions to be asked on this episode:
- Is crypto experiencing an identity crisis?
- Are memecoins a reaction to VCs
- Why is the current wave of Airdrops broken?.
- Is attention more important than fundamentals?
- Where do we go from here?
It’s about time to gain some clarity into what’s really happening in the crypto space.
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🌐 CARTESI | APPLY FOR A GRANT
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TIMESTAMPS
0:00 Intro
6:10 Crypto Identity Crisis
17:15 Stories
25:18 Terminal Liquidity
20:14 VCs vs Retail
38:33 Token Sales
46:22 Airdrops
52:27 The Attention Economy
1:02:03 Solutions
1:09:31 Regulatory Hurdle
1:12:28 The Weirdness of It All
1:14:41 Memecoins
1:16:17 Where do we go from here?
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RESOURCES
Regan on X
https://twitter.com/reganbozman  
Regan on Farcaster
https://warpcast.com/regan  
Regan Thread
https://twitter.com/reganbozman/status/1776293611036197059  
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Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures ⁠   

Bankless Friday Weekly Rollup
First Week Of May
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🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE
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🛞MANTLE | MODULAR LAYER 2 NETWORK
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🌐 CARTESI | APPLY FOR A GRANT
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🔗CELO | CEL2 COMING SOON
https://bankless.cc/Celo  
🏠 CASA | SECURE YOUR GENERATIONAL WEALTH
https://bankless.cc/Casa  
🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION
https://bankless.cc/toku  
⚖️ARBITRUM | SCALING ETHEREUM
⁠https://bankless.cc/Arbitrum  
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TIMESTAMPS & RESOURCES
00:00:00 Start
00:01:04 David's Eye Update
https://x.com/TrustlessState/status/1783846598813814785 
00:05:52 Markets
https://pro.kraken.com/app/trade/btc-usd 
https://pro.kraken.com/app/trade/eth-usd 
https://twitter.com/nicrypto/status/1785607112682246286 
00:11:17 BTC Miners Struggling 
https://twitter.com/RhoRider/status/1784720608691159410 
00:13:55 BTC to $3.8 Million?
https://twitter.com/DeItaone/status/1785695402819207296 
00:18:52 Solana Season Over?
https://x.com/0xGumshoe/status/1784240017017069849 
00:25:31 The $EIGEN StakeDrop
https://twitter.com/eigenfoundation/status/1785000124646572108 
00:30:31 The 2 Token Model
https://imgur.com/YE7PBL3 
00:34:36 Distribution Details
https://imgur.com/y7BEqUu 
00:39:29 Locked Tokens
https://x.com/TrustlessState/status/1785729436895084571 
00:47:33 Eigen Team Perspective
https://twitter.com/jchervinsky/status/1785373696862924997 
00:56:51 Industrial Airdrop Farmers
https://twitter.com/Takuiten/status/1785220889161998635 
01:01:05 CZ Sentenced to Jail
https://x.com/BitcoinMagazine/status/1785384669812273570 
https://x.com/cz_binance/status/1785465555899822488 
https://twitter.com/MikeIppolito_/status/1785388427849961678 
01:08:48 Stripe Crypto Support
https://x.com/collision/status/1783559623511011535 
https://twitter.com/RyanSAdams/status/1783854777622724683 
01:10:55 Visa's Onchain Dashboard
https://twitter.com/cuysheffield/status/1783471909533106610 
01:12:04 USDC overtakes Tether
https://visaonchainanalytics.com/transactions 
https://x.com/paoloardoino/status/1785645617651274040 
01:13:42 Tokenizing Treasuries
https://www.franklintempleton.com/press-releases/news-room/2024/franklin-templeton-announces-availability-of-peer-to-peer-transfers-for-franklin-onchain-u.s.-government-money-fund 
01:14:55 AAVE V4
https://x.com/aave/status/1785749923893223485 
01:17:22 Coinbase Integrates Lightning Network
https://www.coinbase.com/blog/coinbase-integrates-bitcoins-lightning-network-in-partnership-with
01:17:58 The War on Crypto
https://consensys.io/blog/consensys-suing-sec-to-defend-ethereum-ecosystem 
https://www.ic3.gov/Media/Y2024/PSA240425 
https://twitter.com/RyanSAdams/status/1783586883194265820 
01:22:12 Square and Cash App Investigated
https://x.com/RyanSAdams/status/1785751225062809832 
01:22:56 Roger Ver Tax Fraud
https://www.justice.gov/opa/pr/early-bitcoin-investor-charged-tax-fraud 
01:24:37 Etherscan Bankless Partnership!
https://twitter.com/etherscan/status/1785357882181214215 
01:25:42 Meme of The Week
https://x.com/dabit3/status/1785886486165942380 
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Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures⁠ 

While it's still early in the race, Base is now one of Ethereum’s largest L2s. 
In today’s episode, we brought back on repeat guest and co-creator of Coinbase’s L2, Base, Jesse Pollak. 
We cover:
- How Base plans to bring billions of users onchain
- How Base is increasing its scale by 400x
- How Coinbase is using Base to be more onchain 
- Onchain Summer II
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🌐 CARTESI | APPLY FOR A GRANT
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🔗CELO | CEL2 COMING SOON
https://bankless.cc/Celo  
🏠 CASA | SECURE YOUR GENERATIONAL WEALTH
https://bankless.cc/Casa  
🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION
https://bankless.cc/toku  
⚖️ARBITRUM | SCALING ETHEREUM
⁠https://bankless.cc/Arbitrum 
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TIMESTAMPS
0:00 Intro
4:41 Base’s First 8 Months
9:23 The Road to 1 Giga Gas Per Second
18:39 Why More Demand For Base? 
21:26 Cost to Send Transactions on Base
23:59 Non-Ethereum DA Solution?
25:59 Scaling Via L3s on Base?
27:17 Parallelization Solution?
29:34 Will Base Make Transactions Free?
38:18 Coinbase's Relationship With Base 
46:18 Base Is Centralized Critique 
50:17 The Base Flywheel
57:46 Onchain Summer II 
58:36 Next Target Demo to Come Onchain
1:00:42 Base Independence
1:02:19 1 Billion People Onchain
1:03:25 Closing & Disclosures
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RESOURCES
Onchain Summer II
https://www.base.org/  
Jesse Pollak
https://twitter.com/jessepollak  
Jesse’s 1st Base Episode
https://youtu.be/7dGU0_eEjq8  
Coinbase
https://twitter.com/coinbase  
Base
https://twitter.com/base  
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Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures 

“The U.S. is trying to disconnect from Ethereum," that’s what Joe Lubin the CEO of Consensys said in today’s conversation. He was talking about those in power trying to unplug Ethereum from the citizens.
The SEC is going after Kraken, Coinbase, Uniswap and Metamask. They’re trying to turn every non-custodial wallet into a broker-dealer.
We brought on Joe Lubin, a crypto OG and CEO of Consensys the company behind a number of massive crypto projects including the popular Metamask wallet, and Matt Corva, the General Counsel at Consensys, leading the charge against the SEC 
Joe and Matt are producing evidence that the SEC is coming after Ethereum itself. Sending discovery requests to Ethereum core developers, threatening their employers - pushing a coordinated effort to claim Ether is a security so they can control it.
So Consensys is taking them to court to settle the issue. If they’re successful it’ll be the first time we get a clear court ruling that Ether is a commodity and not a security.
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🌐 CARTESI | APPLY FOR A GRANT
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🔗CELO | CEL2 COMING SOON
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🏠 CASA | SECURE YOUR GENERATIONAL WEALTH
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🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION
https://bankless.cc/toku  
🏙️ CONSENSUS | SAVE 20% WITH CODE BANKLESS
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TIMESTAMPS
0:00 Intro
6:35 SEC vs. Ethereum 
9:45 The Uniqueness of This Case
11:15 88,000 Pages to the SEC
12:11 SEC Going After Devs? 
14:47 The Wells Notice
16:27 ETH ETF
17:58 Outcome of Consensys Winning  
21:29 U.S. Law Process & Timeline
25:55 Ether Isn’t a Security
34:50 Gary’s Confidence Conspiracy  
41:17 MetaMask Isn’t a Broker Dealer
47:10 What is Prometheum? 
51:10 How Can the SEC Win? What Happens to Crypto? 
55:49 What the Crypto Community Can Do
59:50 What Happens Next?
1:03:15 Closing & Disclaimers
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RESOURCES
Consensys Complaint 
https://consensys.io/crypto-regulations/defend-ethereum 
https://assets.ctfassets.net/gjyjx7gst9lo/Bu1bK7DF3tSig9Atde0lM/2fcaadea2b111a8c3f3ebce4a6a2386c/Consensys_sues_the_SEC_in_defense_of_the_Ethereum_ecosystem.pdf  
Joe Lubin
https://twitter.com/ethereumjoseph  
Matt Corva
https://twitter.com/MattCorva  
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Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures 

Eigenlayer token details are here! Don’t call it an Airdrop - This is a Stakedrop — because that’s the only thing you can do with your EIGEN tokens out of the gate. 
15% of the total Supply of Eigen distributed over multiple Seasons, Season 1 starts today with 5% of the supply, and one of the most sophisticated set of smart contracts on Mainnet. EIGEN is not your typical ERC20 token. It’s got this feature called “Intersubjective Forking” that increases the scope of what Eigenlayer can provide security for. 
In addition to the token details getting released, we’re also getting the Eigen Foundation, with a new director Robert Drost - who joins Sreeram today to walk us through everything you need to know.
Foundation Page:
https://eigenfoundation.org/ 
Claims Page:
https://claims.eigenfoundation.org/ 
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⚖️ARBITRUM | SCALING ETHEREUM
⁠https://bankless.cc/Arbitrum 
🛞MANTLE | MODULAR LAYER 2 NETWORK
https://bankless.cc/Mantle 
🔐 SAFE | USE SAFE, GET REWARDED
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🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION
https://bankless.cc/toku   
🏙️ CONSENSUS | SAVE 20% WITH CODE BANKLESS
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TIMESTAMPS
 00:00:00 Start
00:03:39 What is a Stakedrop?
00:08:51 Allocation Details
00:15:53 Phase 1 and Phase 2
00:19:38 Locked Token Utility
00:24:30 When Are Tokens Unlocked?
00:31:04 Intersubjective Forking
00:36:30 Building WWIII Resistance
00:42:15 History Behind Their Decision
00:53:03 Eigenlayer Foundation
00:56:38 Future of Points
00:58:38 US Citizens Blocked
01:01:47 Token Allocation Thoughts
01:05:10 What's Next?

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RESOURCES
Foundation Page:
https://eigenfoundation.org/ 
Claims Page:
https://claims.eigenfoundation.org/ 
------
Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures⁠ 

✨ DEBRIEF | Ryan & David unpacking the episode:
https://www.bankless.com/debrief-the-jeremy-allaire-interview 
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Joining the podcast today we have the man behind the largest US based stablecoin, Jeremy Allaire, the Founder of USDC Circle.
A year ago USDC depegged in the face of major banks like SVB and Silvergate collapsing. How did Jeremy deal with that? What year is crypto in internet years? Why don’t we have a venmo for crypto yet? Fast forward to 2030, what’s the total value of stablecoins?
Stay tuned because we ask all that and much more.
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🔗CELO | CEL2 COMING SOON
https://bankless.cc/Celo   
⚖️ARBITRUM | SCALING ETHEREUM
⁠https://bankless.cc/Arbitrum   
🛞MANTLE | MODULAR LAYER 2 NETWORK
https://bankless.cc/Mantle
🔐 SAFE | ATTEND SAFE{CON}
https://conf.safe.global/ 
🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION
https://bankless.cc/toku   
🏙️ CONSENSUS | SAVE 20% WITH CODE BANKLESS
https://bankless.cc/4aykesD 
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TIMESTAMPS
0:00 Intro
5:47 SVB Crisis Reflections
24:00 Crypto Age in Internet Terms
31:15 The Future of Stablecoins
41:42 The Crypto Venmo
56:18 Blackrock’s BUIDL Fund
1:01:44 US Government
1:16:35 USDC vs Tether
1:22:00 Central Bank Stablecoins
1:28:14 Regulatory Protectionism
1:32:25 Closing Thoughts
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RESOURCES
Jeremy Allaire
https://twitter.com/jerallaire  
USDXX - What backs a USDC?
https://www.blackrock.com/cash/en-us/products/329365/circle-reserve-fund  
Circle
https://www.circle.com/en/  
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Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures ⁠