✨ DEBRIEF ✨ | Ryan & David's Unfiltered Thoughts on the Episode https://shows.banklesshq.com/p/116-ethan-debrief  ----- Ethan Buchman is a fantastic human being, an Internet Biophysicist, Monetary Localist, and Co-Founder at Cosmos. In addition, he is President of the Interchain Foundation. Today, he comes on Bankless to tell us why we’re wrong. This episode’s dialectic explores the fate of the blockchain ecosystem—will we have a multi-chain sprawl of different protocols, or will we see a few chains with a power law distribution? We dive into the value of monetary premium, set against the opposing side of monetary clearing and velocity. And what does this all mean for security? The ultimate answer we seek is how to avoid turning the world into a dystopia. On either side of the tyranny spectrum lies anarchy and autocracy, so perhaps the answer rests somewhere in the middle. ------ 🚀 SUBSCRIBE TO NEWSLETTER:          https://newsletter.banklesshq.com/   🎙️ SUBSCRIBE TO PODCAST:                 https://availableon.com/bankless  ------ 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 An Internet Biophysicist 6:10 Why Is Bankless Wrong?  9:35 Network Topology 15:55 Co-op Full vs Bankless 23:06 Monetary Premium vs Clearing 33:25 Empires vs City-States 44:48 Discussing the EVM 51:59 The Role of Bitcoin 56:39 DeFi vs ReFi 1:00:49 Systems and Cycles 1:09:00 The Network Effect of Money 1:14:48 Mutual Exclusivity 1:19:34 Layer 2 vs Cosmos 1:26:38 Cooperative Democracies 1:32:31 Plutocracy 1:42:15 Chaos and Order 1:47:55 Closing & Disclaimers ------ Resources: Map of Zones https://mapofzones.com/  Debt: The First 5000 Years https://en.wikipedia.org/wiki/Debt:_The_First_5000_Years  Cosmos EVM https://evmos.org/  ----- 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 

Last Week of April, 2022 ------ 📣 THE GRAPH | Graph Day in San Francisco | June 2-5 https://bankless.cc/GraphDay   ------ 🚀 SUBSCRIBE TO NEWSLETTER:          https://newsletter.banklesshq.com/    🎙️ SUBSCRIBE TO PODCAST:                 http://podcast.banklesshq.com/    ------ 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   ⚡️ LIDO | LIQUID ETH STAKING  https://bankless.cc/lido    🔐 LEDGER | NANO S PLUS WALLET https://bankless.cc/Ledger     ------ Topics Covered: 0:00 Intro 3:00 MARKETS 3:25 BTC Price 4:15 ETH Price 5:10 USD ATH https://imgur.com/GTS2ugz  6:38 Huge Gains in 2021 https://www.theblockcrypto.com/post/142795/crypto-investors-made-163-billion-in-gains-in-2021-chainalysis  7:59 ENS Bull Market https://twitter.com/ENSbrokerage/status/1518939316671725569  13:12 ApeCoin Mooning https://www.coingecko.com/en/coins/apecoin  15:00 RELEASES 17:20 Stripe Crypto Payments https://www.cnbc.com/2022/04/22/stripe-launches-crypto-payments-feature-with-twitter-as-first-client.html  18:38 Volt Protocol https://twitter.com/VoltProtocol/status/1517578992278249472?s=20&t=6WCwIscpmBkQhvfILpTomw  19:49 Fidelity 401k https://t.co/f9rRRHIG3h  21:34 AngelList USDC Payments https://twitter.com/CharleyMa/status/1519322237815472128?s=20&t=zGG6hpeB0kWP_Z6eCUDtxw  22:35 CryptoKicks https://decrypt.co/98488/nike-rtfkt-reveal-cryptokicks-ethereum-nft-metaverse-sneakers  24:05 JPEG’d Protocol https://medium.com/@jpegd/jpegd-protocol-launch-e255f32546bb  RAISES27:44 Joe McCann $1B Fund https://www.theblockcrypto.com/post/143448/founders-from-a16z-solana-and-more-back-new-billion-dollar-crypto-fund  30:48 Dragonfly’s Fund 3 https://techcrunch.com/2022/04/27/crypto-focused-dragonfly-capital-launches-650m-third-fund/?tpcc=tcplustwitter  31:35 Other Releases https://techcrunch.com/2022/04/21/liquifi-is-building-carta-web3-for-crypto-companies-tokens-blockchain/  https://www.theblockcrypto.com/post/142800/scroll-raises-ethereum-scaling-project-funding  https://www.coindesk.com/business/2022/04/26/dex-protocol-0x-labs-raises-70m-from-greylock-opensea-and-jared-leto-report/  32:55 Jobs https://pallet.xyz/list/bankless/jobs  34:00 NEWS 34:25 Elon Buys Twitter https://twitter.com/bnonews/status/1518632272395657218?s=21&t=9jRlT-9PdCasZsm27QH9uw  35:50 Stani Kulechov Twitter Ban https://youtu.be/1af9OSCZlXA  OPTIMISM 40:01 Optimism Collective https://twitter.com/optimismPBC/status/1519001562345005057?s=20&t=THP1M38B0NcxGVsTKDuAAQ  43:48 Airdrop https://community.optimism.io/docs/governance/allocations/  44:50 Data & Takes https://twitter.com/princecrypto9/status/1519289833616777217?s=20&t=z4CB0TolqtCvB3HLwAUTOg  50:40 Ridley Scott Producing https://decrypt.co/98421/alien-director-ridley-scott-produce-film-ethereums-rise  52:04 Infura Down https://twitter.com/RyanSAdams/status/1517515771441778689?s=20&t=16kdQ3GmdiPJi3O1vU-u3w  NFTs 52:49 Moonbirds Mooning https://www.theblockcrypto.com/post/143249/moonbirds-nft-record-sale-1m-kevin-rose-project  58:00 Solana NFTs https://decrypt.co/98848/solana-okay-bears-top-ethereum-nft-projects-18m-sales  59:12 OpenSea Acquires Gem https://twitter.com/opensea/status/1518590087285678081?s=20&t=VKBLpz9v5eYYDCuRW7p7ow  1:00:04 Bitcoin News https://www.businesstoday.in/crypto/story/central-african-republic-accepts-bitcoin-as-legal-tender-331077-2022-04-25  https://www.coindesk.com/policy/2022/04/22/panamanian-legislative-assemblys-committee-approves-bill-regulating-cryptocurrencies  REGULATION 1:00:42  Snowden Zcash https://twitter.com/documentingzec/status/1519427037752004609?s=21&t=QS3Yfpgqv2cfreFjRnZLVA  1:02:42 Tron Terra Copycat https://twitter.com/WuBlockchain/status/1517124429737648129?s=20&t=0KayrDtwHK_0FnyqiNSSDw  1:03:20 ECB Speech https://www.ecb.europa.eu/press/key/date/2022/html/ecb.sp220425~6436006db0.en.html  1:06:00 TAKES 1:07:30 Toxic Insecurity https://twitter.com/RyanSAdams/status/1517540916210319361?s=20&t=6Epyd6KM2V4Ns1W22w2AKA  1:09:30 Jon Stewart Authoritarianism https://www.hollywoodreporter.com/news/general-news/jon-stewart-mark-twain-prize-2022-1235134621/  1:10:08 CT vs NFT Twitter https://twitter.com/0xwave/status/1518027212951150594?s=21&t=8RZbDznkwbg4jwp2Cs-IIA  1:11:20 EVM Equivalence https://twitter.com/0xSianLiu/status/1519462941657276416?s=20&t=HzjZQwpeTY9PO4WkV7BRNw  1:13:24 How to Get a Job https://twitter.com/bkiepuszewski/status/1518528435253043201?s=20&t=YxMWdERkVla3kEsDscIcqw  1:14:24 What Ryan’s Excited About 1:16:39 What David’s Excited About 1:17:45 Meme of the Week https://twitter.com/nir_III/status/1519143079206428682?s=20&t=EPBZLVJB890e2GZ1PdZVAg  ----- Not financial or tax advice. Do your own research. See our investment disclosures here: https://newsletter.banklesshq.com/p/bankless-disclosures