Eric Wall is a prominent thinker and contrarian in the crypto space. He has an independent mind and is unafraid to bust through groupthink and act as an ideological razor for the crypto community. In this episode, Eric dives deeply into a variety of profound takes on Bitcoin, Ethereum, and his approach to the community. ------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST: https://podcast.banklesshq.com/  🎧 Get this Episode's Debrief:  https://shows.banklesshq.com/p/exclusive-debrief-the-altcoin-slayer  ------ 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  ------ Bankless Podcast #66: The Altcoin Slayer Guest: Eric Wall Eric Wall is CIO of Arcane Assets, and a well-known (and often infamous) writer and thinker in the crypto space. He has engaged in arguments with camps and tribes throughout the space, remaining unapologetically independent and committed to his values. Though a Bitcoiner at heart, Eric has come around on Ethereum as the ecosystem has matured. In this episode, we dive into values and the ethos of crypto that Eric fights for. As a principled believer in trustless systems and decentralization, Eric walks through many of the big-picture obstacles and accomplishments of the crypto space. Viewing this landscape with a digital biologist's lens, we address these projects as digital organisms, following many of the same laws we see in nature. Wherever organisms exist, Darwin is nearby. Eric brings a refreshing and unfiltered set of takes to the Bankless Podcast, reminiscent of other independent thinkers we've had on like Hasu. Regardless of your opinions on Eric, he represents an important part of the blockchain conversation. He serves as an ideological razor, giving no one the benefit of the doubt and prioritizing accountability and earned legitimacy. ------ Topics Covered: 0:00 Intro 4:45 Eric Wall, the Altcoin Slayer 7:45 The Term “Trustless” 16:58 Eric’s Approach to Crypto 22:50 Networks are Organisms 31:50 Survival of the Fittest 41:50 Bitcoin vs Layer 2 59:15 Tribes vs Facts 1:06:30 Eric’s ETH Journey 1:21:43 Thoughts on Proof of Stake 1:31:14 Is ETH Money? 1:40:58 What ETH Gets Wrong 1:53:55 Navigating the Frontier 2:01:00 Closing & Disclaimers ------ Resources: Eric on Twitter https://twitter.com/ercwl?s=20  Proof of Stake is Less Wasteful https://ercwl.medium.com/proof-of-stake-is-less-wasteful-b2854a191766#:~:text=Image%20of%20a%20diesel%20generator,ever%20had%20on%20the%20platform.  ETH is Irreplaceable https://newsletter.banklesshq.com/p/eth-is-irreplaceable  ----- 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 

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