Eric Peters is the Founder and CEO of One River Digital Asset Management. In this episode, he joins the Bankless Podcast to bring the perspective of a traditional hedge fund manager into a crypto context. Spending his career in the markets, his insights to the macro environment are vast and inform his investing decisions, and he sees crypto as a pathway to a renaissance – but also to a dystopia. Seeing a 'quantum' level change underway, Eric explores the bumpy road ahead with thoughtful views on generation gaps, income inequality, and the power of digital assets. Eric's approach is a pragmatic one, addressing the crypto revolution in realistic terms that makes these paradigm shifts feel simultaneously instant and drawn out. ✨ EPISODE DEBRIEF ✨ https://shows.banklesshq.com/p/exclusive-debrief-institutions-are  ***** 📣 POOLTOGETHER | DEFI LOTTERY https://bankless.cc/PoolTogether  ***** 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/  ------ BANKLESS SPONSOR TOOLS: ⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum  🍵 MATCHA | DECENTRALIZED EXCHANGE AGGREGATOR https://bankless.cc/Matcha  🔐 LEDGER | SECURE YOUR ASSETS https://bankless.cc/Ledger  🧙‍♀️ ALCHEMIX | SELF-PAYING LOANS http://bankless.cc/Alchemix  ------ Topics Covered: 0:00 Intro 6:00 Eric Peters of Greenwich, CT 12:45 Buying $600M of Crypto 16:25 Building a Team 23:55 A Macro History Lesson 32:19 A Quantum Change 40:20 Dystopia or Renaissance 49:16 Bumpy Road Ahead 55:12 Generational Stresses 1:03:25 Faith In Currency 1:10:52 Regulatory Wrestling Match 1:15:42 Young, Dumb, and Broke 1:24:48 DeFi Boomers 1:29:00 Money is an Illusion 1:37:49 One Grave at a Time 1:42:20 Predictions 1:46:39 Closing & Disclaimers ------ Resources: Weekend Notes: https://www.oneriveram.com/wknd-notes  The Case for Digital Assets: https://www.oneriveram.com/s/The-Case-for-Digital-Assets-One-River.pdf  The Crypto Renaissance: https://youtu.be/karddOiv4ZA  ----- 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 

3rd Week of October, 2021 ***** 📣 POOLTOGETHER | DEFI LOTTERY https://bankless.cc/PoolTogether  ***** 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/  ------ BANKLESS SPONSOR TOOLS: ⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum  🍵 MATCHA | DECENTRALIZED EXCHANGE AGGREGATOR https://bankless.cc/Matcha  🔐 LEDGER | SECURE YOUR ASSETS https://bankless.cc/Ledger  🧙‍♀️ ALCHEMIX | SELF-PAYING LOANS http://bankless.cc/Alchemix  ------ Topics Covered: 0:00 Intro 3:15 MARKETS 3:30 BTC Price Swiss Franc: https://twitter.com/BitcoinMagazine/status/1450840947806380032?s=20  6:03 ETH Price JP Morgan: https://twitter.com/CryptoGucci/status/1451186937100845057/photo/1  7:55 ETH/BTC Ratio 12:51 DeFi All Time High 16:40 BED Index https://www.indexcoop.com/bed  17:20 Layer 2 https://l2beat.com/  18:12 EIP 1559 https://twitter.com/tokenterminal/status/1449737786106523649?s=21  21:10 Polygon Addresses https://twitter.com/sassal0x/status/1448960122399576068?s=20  21:31 Elon Memes https://twitter.com/elonmusk/status/1451015695106560000?s=21 23:00 RELEASES 24:00 Futureswap v4 https://twitter.com/futureswapx/status/1448382775912923136   25:28 ENS Websites https://twitter.com/BrantlyMillegan/status/1447608175805485069?s=20  26:32 Wyoming DAOs https://twitter.com/banklessDAO/status/1450133430860140547?s=20  28:22 Connext Explorer https://twitter.com/ConnextNetwork/status/1450456240497307659?s=20  29:13 RAISES 29:56 Obol https://www.theblockcrypto.com/post/120960/obol-technologies-seed-funding-crypto-staking-protocol  31:04 Polynomial https://medium.com/polynomial-protocol/polynomial-raises-1-1m-to-build-a-defi-options-marketplace-d8e613740dfc  31:45 Element https://www.coindesk.com/business/2021/10/19/defi-protocol-element-finance-raises-32m-in-series-a-round/  32:51 Bitwise & Polygon https://twitter.com/0xpolygon/status/1450816681991806976?s=21  33:59 Variant https://decrypt.co/83772/andreessen-horowitz-vets-launch-110m-crypto-ownership-fund  34:47 Galaxy Interactive https://decrypt.co/83769/galaxy-crypto-fund  35:29 FTX $420,690,000 https://twitter.com/CoinDesk/status/1451156573154390020?s=20  36:53 Candy https://www.theblockcrypto.com/linked/121632/nft-startup-candy-digital-raises-100-million-in-series-a-round  38:01 Stronghold https://www.theblockcrypto.com/linked/121444/bitcoin-mining-stronghold-127-million-ipo  38:54 Jobs https://pallet.xyz/list/bankless/jobs  40:30 NEWS 40:45 Bitcoin ETF https://twitter.com/SEC_Investor_Ed/status/1448710749921087488?s=20  49:26 Coinbase NFT Platform https://metaversal.banklesshq.com/p/the-coinbase-nft-platform-  53:11 Wu Tang x PleasrDAO https://twitter.com/pplpleasr1/status/1450859174628405258?s=20  58:18 DraftKings x Polygon https://twitter.com/DraftKingsNews/status/1450089669396475907?s=20  1:00:25 Facebook on Ethereum https://twitter.com/RyanSAdams/status/1450580346286878725?s=20  1:06:30 POAP CryptoPunk Bid https://twitter.com/poapxyz/status/1449058492371906560?s=21  1:09:52 Steam the Incumbent https://twitter.com/verge/status/1449137444654358534?s=21  1:12:36 Ross Ulbricht NFT https://twitter.com/realrossu/status/1450484387531870214?s=21  1:13:34 Andrew Yang https://twitter.com/AndrewYang/status/1450882429674156032?s=20  1:16:11 Economist https://cdn.shopify.com/s/files/1/0535/3509/products/20210918_ECN_NP_NAVA_001_512px.jpg?v=1632199560  1:18:28 Square Mining https://twitter.com/jack/status/1449110239442345995?t=M8bBtoED6AVwLOQPcMaMOA&s=19  1:21:07 Facebook Metaverse https://www.wsj.com/articles/facebook-to-hire-10-000-workers-in-eu-to-build-up-metaverse-11634536014  1:22:30 Coinbase Policy https://blockworks.co/coinbase-proposes-digital-asset-policy-to-help-chart-regulatory-course/?oly_enc_id=9918E2523689A0T  1:24:00 CeFi Lenders https://twitter.com/Bloqport/status/1450114717175910401?s=20  1:26:44 Australian Regulation https://cointelegraph.com/news/aussie-senate-committee-proposes-overhaul-of-crypto-taxes-daos-and-exchange-licenses?utm_source=Telegram&utm_medium=social  1:28:07 Ape & Bull https://www.reddit.com/gallery/qarb5k  1:31:03 Quick Hits 1:34:00 TAKES 1:35:00 Cave Paintings https://twitter.com/mattmedved/status/1448823527621148673?s=21  1:35:52 My First NFT https://twitter.com/mattmedved/status/1448136034567397377?s=21  1:36:12 NFTs are a Scam https://twitter.com/AdamSacks/status/1450521593684402184?s=20  1:36:57 DAO 2 DAO https://twitter.com/anonngmi/status/1449145793789808640?s=21  1:37:53 Crypto TAM https://twitter.com/trustlessstate/status/1450653292283916292?s=21  1:40:04 New Regulators https://twitter.com/twobitidiot/status/1450560238101336070?s=20  1:40:49 What David’s Excited About 1:45:22 What Ryan’s Excited About 1:47:41 MEMEs of the Week https://twitter.com/androolloyd/status/1450413543279505410?s=20  https://twitter.com/lay2000lbs/status/1448766694328094721?s=20  1:51:33 Closing & Disclaimers ------ https://newsletter.banklesshq.com/p/bankless-disclosures