Bankless Bankless

3rd Week of August, 2022
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📣 Chainlink | Register for SmartCon 2022 with promo code “BANKLESS”
https://bankless.cc/smartcon 
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🚀 SUBSCRIBE TO NEWSLETTER:          https://newsletter.banklesshq.com/  
🎙️ SUBSCRIBE TO PODCAST:                 http://podcast.banklesshq.com/  
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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 
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Timestamps:
0:00 Intro
3:30 MARKETS
7:25 The Merge
https://twitter.com/RyanSAdams/status/1559150913834684418 
14:40 The S&P Price
https://twitter.com/CanteringClark/status/1559164367903637506 
16:10 Arthur Hayes Bullish
https://cryptohayes.medium.com/eth-flexive-7e1921123f64
18:00 NEWS
19:00 Tornado Cash
https://twitter.com/RyanSAdams/status/1558044593937170433 
20:00 Arresting Developers!
https://www.fiod.nl/arrest-of-suspected-developer-of-tornado-cash/
22:12 Writing Code is a Crime?
https://twitter.com/jchervinsky/status/1559534385128415235 
24:35 Coin Center Legal Analysis
https://twitter.com/jerrybrito/status/1559171083105976321
27:06 Historic Money Laundering
https://twitter.com/avsa/status/1558076159102967810 
 
31:18 Tornado Cash Backlash
https://twitter.com/MicahZoltu/status/1558012733412753408 
33:32 DeFi Backbone
https://twitter.com/AntonioMJuliano/status/1558444605271597058 
36:12 Censorship Resistance
https://twitter.com/LefterisJP/status/1558944794658873344
36:47 Soft Fork Power
https://twitter.com/ercwl/status/1559265708411965440 
47:00 Eric Wall Takes
https://twitter.com/ercwl/thread/1559678652308144129
50:24 BTC Maxi Twitter
https://twitter.com/ercwl/status/1559265708411965440/retweets/with_comments
52:47 Press X to Slash
https://twitter.com/brad_eth/status/1559355035623903233 
56:00 Selkis Metal AF
https://twitter.com/twobitidiot/status/1558849512780734472 
58:00 Toxic Maximalism
https://twitter.com/ercwl/status/1559692710822481923 
59:22 Kevin O’Leary
https://www.tronweekly.com/tornado-cash-take-down-was-crucial-kevin-oleary/
1:01:00 What We Can Do
https://twitter.com/JWVerret/status/1559470517941329920 
1:03:07 Digital Bill of Rights
https://twitter.com/RyanSAdams/status/1558481645040197632 
1:04:52 Gitcoin September 7th
https://twitter.com/RyanSAdams/status/1559565929163390979 
1:06:07 Celsius Down $3 Billion
https://twitter.com/blockworks_/status/1559290989688274944 
1:06:37 Mashinsky Trading Strategy
https://t.co/IkjtzHp8zl
1:07:27 3ac New Yorker
https://nymag.com/intelligencer/article/three-arrows-capital-kyle-davies-su-zhu-crash.html
1:10:02 Genesis CEO Exits
https://www.bloomberg.com/news/articles/2022-08-17/genesis-ceo-steps-down-as-crypto-broker-slashes-its-workforce
 
1:12:30 The Exact Merge Time
https://twitter.com/vdWijden/status/1559232749210406917
1:14:20 Gnosis Safe Airdrop
https://twitter.com/OlimpioCrypto/thread/1560284884156956677
1:16:55 OpenSea Stolen NFT Policy
https://decrypt.co/107368/opensea-changes-stolen-nft-policy-following-user-outcry
1:19:05 Sudoswap Crushing It
https://thedefiant.io/sudoswap-nft-amm
1:19:30 BendDAO Liquidation Risk
https://twitter.com/cirrusnft/status/1559954449002401792 
1:22:12 Mailchimp Crypto Crackdown
https://decrypt.co/107099/intuit-owned-mailchimp-is-banning-crypto-content-creators
1:22:50 Taiwan IPFS
https://decrypt.co/107293/taiwan-turns-to-ipfs-tech-to-thwart-cyberattacks-from-china
1:25:25 SEC Suing Dragonchain
https://cointelegraph.com/news/2017-icos-aren-t-over-yet-sec-files-suit-against-dragonchain-and-its-founder
1:27:32 Canada Crackdown?
https://twitter.com/TrustlessState/stat

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. 
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📣 Chainlink | Register for SmartCon 2022 with promo code “BANKLESS”
https://bankless.cc/smartcon 
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🚀 SUBSCRIBE TO NEWSLETTER:          https://newsletter.banklesshq.com/  
🎙️ SUBSCRIBE TO PODCAST:                 http://podcast.banklesshq.com/  
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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
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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
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Resources:
Hal Press 
https://twitter.com/NorthRockLP
Ryan Berckmans
https://twitter.com/ryanberckmans
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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 

Hudson Jameson is an Ethereum enthusiast and core developer liaison with a rich background in blockchain projects. He’s played an active role in shaping various online communities for decentralized technology, including Ethereum and more recently, Zcash.
On today’s episode, Hudson shares his storied crypto journey starting in 2015 when he first became interested in Ethereum through the ups and downs he experienced as a part of Ethereum’s inner circle, all the way to what he’s up to today.
Hudson closes with some heartfelt advice on burnout and mental health in the crypto space that you don’t want to miss.
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📣 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/ 
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BANKLESS SPONSOR TOOLS:
🌱 LENS | ACCESS CODE: MINTME
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 
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Topics Covered:
0:00 Intro
4:40 Hudson’s Background
6:54 2015 Crypto
9:00 Fork and Fair Launch Era
14:26 Early Tribalism
19:28 How Hudson Stumbled on Ethereum
23:43 Early Ethereum Culture
28:40 Progress Through the Chaos
33:12 How Vitalik Handled the Chaos
37:24 Why PoS Took So Long
38:45 When Bullish ETH Became Clear
41:34 Augur & ICOs
44:51 Hudson & Inner Circle in 2017
47:46 The DAO Hack
53:30 2018-2020 Bear Market
1:00:11 Core Devs Tug-a-War
1:08:00 The Ethereum Community
1:09:41 Hudson Steps Down From EF & Burnout Culture
1:14:35 Hudson’s Legacy So Far
1:17:05 Improving Crypto’s Culture
1:20:37 Privacy
1:21:45 Closing
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Resources:
Hudson Jameson
https://twitter.com/hudsonjameson 
https://hudsonjameson.com/ 
-----
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. 

This conversation has been a long time coming. Polynya is a pseudonymous writer, investor, and crypto researcher. 
Polynya coined the term “modular blockchain” and has been influential on 100 different crypto topics, most notably on rollups, though they’re quick to point out that rollups are no longer their main focus. 
This is a unique episode, in which Bankless DAO’s Eureka John acts out Polynya’s voice based on a 5-hour text-based discord interview. Tune in as we explore Polynya’s fascinating mind, covering their broad crypto thesis, EIP-4844, and the future of Ethereum Scalability.
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📣 Forta | Help Make Web3 a Safer Place
https://bankless.cc/Forta 
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🚀 SUBSCRIBE TO NEWSLETTER:          https://newsletter.banklesshq.com/   
🎙️ SUBSCRIBE TO PODCAST:                 http://podcast.banklesshq.com/   
------
BANKLESS SPONSOR TOOLS: 
🌱 LENS | ACCESS CODE: MINTME
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 
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Topics Covered:
0:00 Intro
9:00 Polynya the Anon
13:45 Polynya IRL
20:05 Cautious Optimism
25:35 Polynya’s Crypto Thesis
29:58 Accruing Value at the L1
31:54 Bitcoin vs Ethereum
33:30 Alt-L1s and Decentralization
35:10 Everything is Finance
38:10 Layer 2 Value Capture
41:33 Rollups vs ETH
45:30 Increasing L2 Demand
47:40 Layer 2 Tokens
52:45 A Symbiotic Relationship
56:08 Cosmos and Alt-L1s
58:45 App-Specific Chains
1:00:30 All Just Chains and Bridges
1:02:14 Why Cardano Rocks and Sucks
1:04:23 Cults and Tribalism
1:05:20 Changing Crypto
1:06:54 Changing the World
1:07:35 Polynya’s Message
1:08:30 Thank You Polynya
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Resources:
Polynya on Twitter:
https://twitter.com/apolynya?s=20&t=4Cws8vmOo7v2mRmI8mGyfw 
Polynya’s Writing:
https://polynya.medium.com/ 
Modular Blockchains:
https://newsletter.banklesshq.com/p/ultra-scalable-ethereum 
Eureka John:
https://twitter.com/EurekaJohn1?s=20&t=ws5GNZKUSZtegsJQkvcuAg 
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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. 

2nd Week of August, 2022
------
📣 Forta | Help Make Web3 a Safer Place
https://bankless.cc/Forta 
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🚀 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 
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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/1557471309554

On Monday, the U.S. Treasury Department made a smart contract illegal. 
They can do that?? 
David walks you through the news, with multiple interviews from Jerry Brito and Collins Belton, two experts in the matter. 
Let us know how you like the format!
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🚀 SUBSCRIBE TO NEWSLETTER:          https://newsletter.banklesshq.com/   
🎙️ SUBSCRIBE TO PODCAST:                 http://podcast.banklesshq.com/   
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BANKLESS SPONSOR TOOLS: 
⚖️ ARBITRUM | SCALED ETHEREUM
https://bankless.cc/Arbitrum 
❎ ACROSS | BRIDGE TO LAYER 2
https://bankless.cc/Across 
🏦 ALTO IRA | TAX-FREE CRYPTO
https://bankless.cc/AltoIRA 
👻 AAVE V3 | LEND & BORROW CRYPTO
https://bankless.cc/aave 
⚡️ MAKER DAO | THE DAI STABLECOIN
 https://bankless.cc/MakerDAO 
🦁 BRAVE | THE BROWSER NATIVE WALLET
https://bankless.cc/Brave 
------
Topics Covered:
0:00 Intro
Opening Shot: https://twitter.com/RyanSAdams/status/1556743328774995971?s=20&t=OzfqFxxolrjhwZICo4KV6w 
Ripple Effects: https://twitter.com/collins_belton/thread/1556650759994970113 
Neutral Tool: https://twitter.com/jerrybrito/status/1556667240711438337?s=20&t=avKH9mQ1_3KDno2P2THs7Q 
4:00 What is OFAC?
Overview: https://home.treasury.gov/policy-issues/office-of-foreign-assets-control-sanctions-programs-and-information 
Press Release: https://home.treasury.gov/news/press-releases/jy0916 
Sec Blinken: https://twitter.com/SecBlinken/status/1556677862345801728?s=20&t=QwqpNxU9CYKPz8LhBATSFQ 
7:44 What is Tornado Cash?
Breakdown: https://blog.chainalysis.com/wp-content/uploads/2022/08/tornado-pie-1536x1034.png 
Treasury Misleading: https://twitter.com/USTreasury/status/1556655337431785472?s=20&t=Jw5y0Xr4fHSelCzfhWvYlQ 
Alex Svanevik: https://twitter.com/ASvanevik/status/1556983834809614337?s=20&t=OCDr5P9jRweG9RVYdmmxKQ 
10:20 Using Tornado Cash
Neeraj Meme: https://twitter.com/NeerajKA/status/1556707552251060225?s=20&t=UNffL4gM4hBsaXDEZ0gJ_w 
Clean ETH2 Addresses:  https://twitter.com/econoar/status/1556775153153048582?s=20&t=63-Nwh2Lv7u8tTC4E-CVUw 
More Use Cases: https://twitter.com/RezaJafery/status/1556751888896258049?s=20&t=9rJ2buSh4PCTPMlNKezAyw 
12:15 Banning Smart Contracts
Coin Center Announcement: https://www.coincenter.org/u-s-treasury-sanction-of-privacy-tools-places-sweeping-restrictions-on-all-americans/ 
17:08 Ripple Effects
Circle: https://www.theblock.co/post/162172/circle-freezes-usdc-funds-in-tornado-cashs-us-treasury-sanctioned-wallets 
Github: https://twitter.com/bantg/status/1556721709931175937?s=20&t=LSCI_12-Giipv727Y52qUg 
Infura & Alchemy: https://twitter.com/0xdev0/status/1556933551073153024 
20:55 A Ban on Who?
Cobie & Gainzy: https://twitter.com/cobie/status/1556647650212155394?s=20&t=F8nhR0zX4PkbGGOl1JmBCQ 
Depositing .1 ETH: https://twitter.com/josephdelong/status/1557011056572129280?s=20&t=F1JszlO7Zm0lm4EGsgBrNg 
23:14 A Chilling Effect
Attacking Free Speech: https://twitter.com/matthew_d_green/status/1556764387796340736?s=20&t=w8K19sEWj_AVS372HOjHTw 
25:47 Decentralization
Priorities: https://twitter.com/econoar/status/1556825245381578753?s=20&t=63-Nwh2Lv7u8tTC4E-CVUw 
-----
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