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Today on the show, we’re exploring the frontier of ZK Rollups on Bitcoin! 
The Bitcoin L2 landscape is standing on the shoulders of this technical implementation called BitVM. We brought Robin Linus, one of the author’s of the BitVM White Paper, to not only dive into how BitVM got started, but more importantly, what it means for the future of Bitcoin.
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🎬 DEBRIEF | Ryan & David unpacking the episode:
https://www.bankless.com/debrief-the-robin-linus-interview 
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BANKLESS SPONSOR TOOLS:
🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE
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⚡️ CARTESI | LINUX-POWERED ROLLUPS
https://bankless.cc/CartesiGovernance 
 
🏠 CASA | SECURE YOUR GENERATIONAL WEALTH
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🛞MANTLE | MODULAR LAYER 2 NETWORK
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🌐 TRANSPORTER | CROSS CHAINS WITH CONFIDENCE
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🔗CELO | CEL2 COMING SOON
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TIMESTAMPS
0:00 Intro
5:03 Who is Robin Linus?
10:20 Why Bitcoin?
16:19 Bitcoin Needs to Scale
22:15 BitVM Eureka Moment
24:31 The State of BitVM
27:19 BitVM vs Ethereum Rollups
33:45 How Does BitVM Work?
46:07 BitVM Critiques
55:07 The Bitcoin L2 Space
59:33 The BitVM Endgame
1:03:07 The Future of Bitcoin
1:07:09 Closing & Disclaimers
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RESOURCES
Robin Linus
https://x.com/robin_linus  
Robin Linus Website
https://robinlinus.com/  
BitVM
https://bitvm.org/  
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Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures ⁠ 

The Ethereum ETF is coming. What’s the best narrative for ETH to sell to TradFi/Wall Street? Ryan and David discuss the 7 leading ETH Narratives and then have a pitch-off amongst themselves. Each of them prepared a 1-2 minute pitch and then they each spend some time unpacking each other’s pitch and analyzing each point. Bankless Citizens get to vote - whose was better? Ryan or David’s? The winner gets a bragging rights POAP. 
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📣BANKLESS CITIZENS VOTE HERE
https://www.jokerace.io/contest/base/0x0f2211f6727e85dbfae20e7dbfe57875a1f2b706 
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BANKLESS SPONSOR TOOLS:
🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE
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⚡️ CARTESI | LINUX-POWERED ROLLUPS
https://bankless.cc/CartesiGovernance 
 
🏠 CASA | SECURE YOUR GENERATIONAL WEALTH
https://bankless.cc/Casa  
🌐 TRANSPORTER | CROSS CHAINS WITH CONFIDENCE
https://transporter.io/ 
🔗CELO | CEL2 COMING SOON
https://bankless.cc/Celo 
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TIMESTAMPS
0:00 Intro
2:26 Eric Balchunas
https://x.com/EricBalchunas/status/1794023427327533456 
4:44 ETH Narratives
https://x.com/TrustlessState/status/1795595286972383494  
5:58 Ethereum is a Tokenization Platform
https://twitter.com/ChainLinkGod/status/1798133271139901668 
https://twitter.com/ChainLinkGod/status/1798133271139901668/photo/1 
9:26 Ethereum is an app store
https://twitter.com/jdorman81/status/1792927796353814640 
13:56 Operating system and app store
https://x.com/RasterlyRock/status/1791217181012701682 
17:15 ETH is Digital Oil
​​https://twitter.com/0xkydo/status/1740750772093296938  
20:37 ETH is an Internet Bond
https://www.bankless.com/eth-the-internet-bond 
23:38 Programmable Money
https://x.com/econoar/status/1124311475428790273 
25:59 "ETH is Ultra Sound Money"
https://twitter.com/drakefjustin/status/1352734923703123968 
31:44 Pitches + Debrief/Analysis + Vote https://www.jokerace.io/contest/base/0x0f2211f6727e85dbfae20e7dbfe57875a1f2b706 
44:05 Closing & Disclaimers
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Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures  

“Energy is the base layer of money” -  that’s how our guest Luke Gromen puts it in today’s episode.
Luke is an Author and Investor who gives us a completely new way to look at money, through the lens of energy costs. 
The essential learning of today’s show is that you can’t understand money until you understand energy markets. Apart from that Luke explains why the price of oil is about to force a monetary system change, why the 60/40 portfolio is dead and much more.
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🎬 DEBRIEF | Ryan & David unpacking the episode:
https://www.bankless.com/debrief-the-luke-gromen-interview 
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BANKLESS SPONSOR TOOLS:
🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE
https://k.xyz/bankless-pod-q2    ⁠
⚡️ CARTESI | LINUX-POWERED ROLLUPS
https://bankless.cc/CartesiGovernance 
 
🏠 CASA | SECURE YOUR GENERATIONAL WEALTH
https://bankless.cc/Casa  
🛞MANTLE | MODULAR LAYER 2 NETWORK
https://bankless.cc/Mantle 
🌐 TRANSPORTER | CROSS CHAINS WITH CONFIDENCE
https://transporter.io/ 
🔗CELO | CEL2 COMING SOON
https://bankless.cc/Celo 
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TIMESTAMPS
0:00 Intro
5:57 Luke’s Thesis
12:23 Energy lens
23:23 Arc of the Dollar
28:31 Why Oil?
31:31 Energy as a Denominator
38:12 Energy Price Changes
45:31 Energy Miracles
59:22 Monetary System Change
1:10:41 Capital Controls
1:18:12 Future of the US
1:24:56 How to Prepare
1:30:37 Closing & Disclaimers
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RESOURCES
Luke Gromen
https://x.com/LukeGromen  
FTT, LLC
https://fftt-llc.com/  
Luke Gromen Weekly Newsletter
https://fftt-treerings.com/  
Visualizing the History of Energy Transitions
https://www.visualcapitalist.com/visualizing-the-history-of-energy-transitions/  
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Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures⁠   

Bankless Friday Weekly Rollup 
1st Week of June 2024
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📣 TRANSPORTER - SECURED BY CHAINLINK CCIP | TRY IT OUT
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BANKLESS SPONSOR TOOLS:
🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE
https://k.xyz/bankless-pod-q2    ⁠
🛞MANTLE | MODULAR LAYER 2 NETWORK
https://bankless.cc/Mantle 
⚡️ CARTESI | LINUX-POWERED ROLLUPS
https://bankless.cc/CartesiGovernance 
 
🏠 CASA | SECURE YOUR GENERATIONAL WEALTH
https://bankless.cc/Casa  
🌐 TRANSPORTER | CROSS CHAINS WITH CONFIDENCE
https://transporter.io/ 
🔗CELO | CEL2 COMING SOON
https://bankless.cc/Celo 
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TIMESTAMPS & RESOURCES
0:00 Intro
3:26 Prices
4:30 L2 Update
https://x.com/jessepollak/status/1798731497173905439 
https://x.com/0xKofi/status/1797645289307951127 
https://x.com/Uniswap/status/1797624523711561828 
https://x.com/RyanSAdams/status/1798460468069085234 
10:00 3 more milestone numbers on the wk
https://x.com/TrustlessState/status/1798497346512412898  
https://x.com/0xDeFiDevin/status/1797462120713613511 
https://twitter.com/sorellalabs 
https://www.coingecko.com/en/coins/bnb 
17:52  FROTHY STONKS
https://x.com/greg16676935420/status/1798404597897363936 
https://companiesmarketcap.com/assets-by-market-cap/ 
https://www.reddit.com/user/DeepFuckingValue/ 
https://www.tradingview.com/chart/?symbol=NYSE%3AGME 
https://x.com/JasonHitchcock/status/1797437168324899192 
26:04 ETFs are back baby! Wen ETH ETF, wen banana zone for ETH?
https://x.com/CarpeNoctom/status/1798170536146825630 
https://x.com/ericbalchunas/status/1798156058487382232 
https://x.com/bitcoinmagazine/status/1796120216780333409  
https://x.com/EricBalchunas/status/1797644643712262482 
https://finance.yahoo.com/news/blackrock-says-10m-seed-money-174942096.html 
https://x.com/ericbalchunas/status/1796606348324634798 
https://x.com/EricBalchunas/status/1797589909768949827 
https://x.com/EleanorTerrett/status/1798351844248576311  
https://x.com/AlexanderGrieve/status/1798352191713157308  
https://x.com/RyanSAdams/status/1796543517671424065 
https://x.com/tradetheflow_/status/1797520578087465295/photo/2 
https://x.com/vaneck_us/status/1798428976068657411 
https://x.com/vaneck_us/status/1798432653726658619 
43:55 President Biden missed the layup - vetoed SAB-121 
https://www.whitehouse.gov/briefing-room/presidential-actions/2024/05/31/a-message-to-the-house-of-representatives-on-the-presidents-veto-of-h-j-res-109/ 
https://www.aba.com/advocacy/policy-analysis/letter-to-president-biden-sab-121 
https://x.com/faryarshirzad/status/1796837972978872764 
https://x.com/nic__carter/status/1796687373314445766 
https://x.com/standwithcrypto/status/1798433256339079417 
https://x.com/fejau_inc/status/1796310685330051121 
https://www.coindesk.com/markets/2024/05/30/trump-token-sinks-after-former-us-president-is-found-guilty-in-new-york/ 
52:50 Robinhood Acquires Bitstamp
https://x.com/RobinhoodApp/status/1798672303519342898 
https://twitter.com/vladtenev/status/1798680590344126963 
55:05 Celebcoin Culture Wars 
https://www.coingecko.com/en/coins/mother-iggy 
https://x.com/VitalikButerin/status/1798290424622113230 
https://x.com/IGGYAZALEA/status/1798471807647068297 
https://x.com/haydenzadams/status/1798551176834638114 
59:32 ETH
Coinbase’s smart wallets is now officially launched! Is this how we get to billions?
https://www.coinbase.com/blog/a-new-era-in-crypto-wallets-smart-wallet-is-here 
https://x.com/jessepollak/status/1797772737207062752 


1:02:31 StarkWare plans to bring ZK scaling to Bitcoin alongside Ethereum
https://x.com/StarkWareLtd/status/1797985467666940265
https://bankless.cc/PermissionlessDiscount 

After 3 months of flat crypto prices, people are asking “where are we in the cycle”? What if the real bull hasn't even started yet?
How big of the impact can the ETH ETF's really have and can they really take us to the coveted.... Banana Zone? All of that and more on this weeks episode of Bankless Takes.
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🔐 GridPlus Lattice1 Hardware Wallet 
(use discount code BANKLESS2024 at checkout for 15% off)
https://gridplus.io/products/grid-lattice1 
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BANKLESS SPONSOR TOOLS:
🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE
https://k.xyz/bankless-pod-q2    ⁠
🛞MANTLE | MODULAR LAYER 2 NETWORK
https://bankless.cc/Mantle 
⚡️ CARTESI | LINUX-POWERED ROLLUPS
https://bankless.cc/CartesiGovernance 
 
🏠 CASA | SECURE YOUR GENERATIONAL WEALTH
https://bankless.cc/Casa  
🌐 TRANSPORTER | CROSS CHAINS WITH CONFIDENCE
https://transporter.io/ 
🔗CELO | CEL2 COMING SOON
https://bankless.cc/Celo 
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TIMESTAMPS
00:00 Intro
03:18 The Bull Run is Boring
06:35 What Inning Are We In?
16:28 Demand For Gold Reserves
23:19 The Banana Zone
28:22 ETH ETF Impact
35:30 Celeb Memecoins
43:12 Key Takeaways
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Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures⁠ 

✨ Mint the episode on Zora ✨
https://zora.co/collect/zora:0x0c294913a7596b427add7dcbd6d7bbfc7338d53f/9?referrer=0x077Fe9e96Aa9b20Bd36F1C6290f54F8717C5674E 

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🎬 DEBRIEF | Ryan & David unpacking the episode:
https://www.bankless.com/debrief-the-justin-drake-vs-anatoly-yakovenko-interview 

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Ethereum vs. Solana. That’s the debate we’re having today.

On Ethereum’s side we have Ethereum Researcher Justin Drake, and on the Solana’s we have Solana’s Co-Founder Anatoly Yakovenko.

They give us the good, the bad and the ugly of each other’s blockchain, settling their endgame towards the end of the episode. 

This was one, if not the spiciest debate we had on the show. We tried our best to give both guests time with minimal intervention. At times went well, at others it caused deep semantic rabbit holes. But overall both guests were able to communicate their messages.

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BANKLESS SPONSOR TOOLS:
🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE
https://k.xyz/bankless-pod-q2    ⁠
🔗CELO | CEL2 COMING SOON
https://bankless.cc/Celo 
 
🏠 CASA | SECURE YOUR GENERATIONAL WEALTH
https://bankless.cc/Casa. 
🛞MANTLE | MODULAR LAYER 2 NETWORK
https://bankless.cc/Mantle 
🌐 TRANSPORTER | CROSS CHAINS WITH CONFIDENCE
https://transporter.io/ 
⚡️ CARTESI | LINUX-POWERED ROLLUPS
https://bankless.cc/CartesiGovernance 
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TIMESTAMPS
 
0:00 Intro
7:16 The Good
22:30 The Bad
52:03 Global Shared State
1:06:07 Economic Security
1:30:08 The Ugly
1:47:23 The Endgame
1:55:22 Closing & Disclaimers

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RESOURCES

Anatoly Yakovenko
https://twitter.com/aeyakovenko  

Justin Drake
https://twitter.com/drakefjustin  

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Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures⁠