Download the crypto meta to your brain in this weekly show. 3rd Week of May, 2021 ------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/  🎖 CLAIM YOUR BADGE: https://newsletter.banklesshq.com/p/-guide-2-using-the-bankless-badge  ------ BANKLESS SPONSOR TOOLS: 💰 GEMINI | FIAT & CRYPTO EXCHANGE https://bankless.cc/go-gemini  🔀 BALANCER | EXCHANGE & POOL ASSETS https://bankless.cc/balancer  👻 AAVE | LEND & BORROW ASSETS https://bankless.cc/aave  🦄 UNISWAP | DECENTRALIZED FUNDING http://bankless.cc/uniswap  ------ Topics Covered: 0:00 Intro 0:45 MARKETS 1:20 BTC Price 2:13 ETH Price 7:13 ETH/BTC 8:38 ETH Volumes Big https://twitter.com/RyanWatkins_/status/1397385373580398594?s=20  10:18 DeFi Action https://defipulse.com/  https://messari.io/asset/defipulse-index  https://www.tradingview.com/symbols/DPIWETH/?exchange=UNISWAP  12:39 The System Didn’t Break https://twitter.com/raoulgmi/status/1397172575810228225?s=21  16:15 Big Week for DeFi https://twitter.com/jack_clancy93/status/1395399566644682757?s=20  17:18 Tornado Flippen Zcash? https://twitter.com/ameensol/status/1395534483202269187?s=19  21:52 YFI Price Earnings https://twitter.com/bantg/status/1396457032996245505?s=20  24:05 Stablecoin Settlements Big https://twitter.com/dmihal/status/1397124171050668033?s=20  26:00 RELEASES 28:00 Arbitrum Launching https://www.coindesk.com/ethereum-scaler-arbitrum-is-launching-friday-with-developer-support-from-alchemy  31:10 Uniswap on Arbitrum https://twitter.com/haydenzadams/status/1397675094001045508?s=21  32:42 Optimistic Etherscan https://optimismpbc.medium.com/integrating-etherscan-24a3811a765c  34:45 ETH’s Value on L2 https://twitter.com/hiljis/status/1397697744370900994?s=21  42:15 Polygon SDK https://twitter.com/0xPolygon/status/1397558139256377345  44:38 Gitcoin DAO https://shows.banklesshq.com/p/-sotn-47-gitcoin-dao-and-gtc-token  46:11 Coinbase Institutional https://blog.coinbase.com/coinbase-institutional-is-proud-to-announce-the-unveiling-of-our-new-prime-offering-9790e068f0a9  47:20 NEWS 47:30 Carl Icahn: ETH is Money https://www.zerohedge.com/crypto/crypto-here-stay-carl-icahn-may-take-relatively-big-stake-digital-currency-space-prefers-eth  50:44 Ray Dalio Prefers BTC to Bonds https://www.bloomberg.com/news/articles/2021-05-24/bridgewater-s-ray-dalio-says-he-prefers-bitcoin-to-bonds  53:19 “China Bans Bitcoin” https://www.cnbc.com/2021/05/26/major-china-bitcoin-mining-hub-lays-out-harsher-crackdown-measures.html  57:44 Cuban Tracker: Polygon https://www.coindesk.com/mark-cuban-invests-in-ethereum-layer-2-polygon  59:51 Gamestop NFT https://nft.gamestop.com/  1:02:24 Bitcoin, Michael Taylor, and Elon https://twitter.com/michael_saylor/status/1396915801492439044?s=20  Take:  https://twitter.com/nanexcool/status/1397000162459930624?s=20  1:07:15 Businesses Must Report https://www.coindesk.com/us-treasury-calls-for-businesses-to-report-crypto-transfers-of-10k-to-the-irs  1:10:14 FED Digital Currency https://twitter.com/CNBCnow/status/1395440279004618760?s=20  1:12:08 Coinbase 🤝 Goldman https://www.theblockcrypto.com/linked/105853/coinbase-former-goldman-sachs-faryar-shirzad-chief-policy-officer  1:13:35 Quick Bites  PayPal: https://www.coindesk.com/paypal-will-let-customers-withdraw-crypto-exec-says  Apple? https://www.coindesk.com/apple-is-looking-for-crypto-experience-in-alternative-payments-job-post?amp=1&__twitter_impression=true&s=09  1confirmation: https://www.coindesk.com/crypto-vc-1confirmation-raises-125m-for-third-fund  COIN: https://www.cnbc.com/2021/05/24/coinbase-stock-initiation-goldman-sachs.html  1:16:00 TAKES 1:17:00 Anti-Crypto Bag Bias https://twitter.com/cburniske/status/1395457904027869184?s=21  1:23:25 Volatility is not Unhealthy https://twitter.com/MichaelIppo/status/1395452094556086285?s=20  1:24:00 DeFi Protocols are Michael Saylor https://twitter.com/RyanSAdams/status/1397161855387308032?s=20  1:27:50 Money Game Landscape https://newsletter.banklesshq.com/p/ethereum-the-money-game-landscape  1:29:40 The Cycle https://twitter.com/tbr90/status/1397185395603935232?s=21  1:32:23 Rethink Work https://twitter.com/nateliason/status/1397719837204418561?s=20  1:33:52 There be Monsters https://twitter.com/udiWertheimer/status/1397738091452981248?s=20  1:35:40 What David’s Excited About 1:38:00 What Ryan’s Excited About 1:41:45 MEME OF THE WEEK https://twitter.com/EthereumMemes/status/1397268903198400517/photo/1  ----- 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 

Gitcoin is turning itself into Gitcoin DAO, governed by the community and GTC holders! Come learn all about Gitcoin DAO, GTC distribution, and the responsibilities of the governors! ------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/  🎖 CLAIM YOUR BADGE: https://newsletter.banklesshq.com/p/-guide-2-using-the-bankless-badge  ------ BANKLESS SPONSOR TOOLS: 💰 GEMINI | FIAT & CRYPTO EXCHANGE https://bankless.cc/go-gemini  🔀 BALANCER | EXCHANGE & POOL ASSETS https://bankless.cc/balancer  👻 AAVE | LEND & BORROW ASSETS https://bankless.cc/aave  🦄 UNISWAP | DECENTRALIZED FUNDING http://bankless.cc/uniswap  ------ State of the Nation #47: Gitcoin DAO & $GTC token Guest: Kevin Owocki In this week's State of the Nation, we bring on Kevin Owocki to discuss the decentralization and DAO-ization of public goods funding platform Gitcoin, and the launch of their $GTC token. Kevin is the former benevolent dictator (CEO) of Gitcoin and a General in the war against Moloch (human coordination failure). The purpose of Gitcoin is to provide a platform for open-source software developers to acquire funding for their projects. Kevin mentions that open-source creates $500B in economic value yearly. In the crypto space, and on the internet at large, open-source development means that something is free to use, fork, or build on. This accessibility has been a driving force behind web development, and Gitcoin's mission is to create a business model for open-source software developers. Gitcoin has raised around $20M since its initial launch in November 2017. Gitcoin DAO is seeking to meme itself into the Quadratic Lands, where public goods are well-funded and digital democracy reigns. As Gitcoin has grown, it has come to the point in which a DAO is more well-served for Gitcoin's goals of activism and open-source development. Anti-fragility and distributing points-of-failure are key benefits of transitioning into a DAO. The alignment of incentives between the individual and society is crucial for optimizing capital efficiency and organically generating a better society. GTC = Grow The Community ------ Resources: Coordination Failures https://newsletter.banklesshq.com/p/know-thy-enemy-coordination-failures  Claim GTC https://newsletter.banklesshq.com/p/-alpha-alert-claim-gitcoin-token  Gitcoin https://gitcoin.co/  Quadratic Lands https://gitcoin.co/quadraticlands/  Kevin on Twitter https://twitter.com/owocki?s=20  ----- 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