Welcome to Bankless, where we explore the frontier of internet money and internet finance.

This is how to get started, how to get better, how to front run the opportunity.

I'm Ryan Sean Adams. I'm here with David Hoffman, and we're here to help you become more bankless.

Hey David, we're in Corona era now. How are things on your end? Yeah, man, it seems like we're at a

huge turning point in where this world

is about to go. In times of crisis, in times of volatility, the future becomes obscured,

and we're all kind of flying by the seat of our pants. You know, it's taken it one day at a time.

Crypto markets have hit a resurgence lately while the equity markets have stayed flat people are still worried that the coronavirus has just begun a lot of things are changing so we're going to talk a little bit about that and then we're going to get right into the meat of the episode how about how about like friends and family how are they reacting to this are you finding everyone's on the same page as you that we've got to buckle up and get through this?

I have been sounding the alarm in my social media feeds and with my family.

So I'm the one that's taking it the most strict.

My mom and my dad, the two boomers, are just finally hunkered down for the first time, thankfully, like three days ago.

So I'm happy I finally convinced them.

Well, absolutely.

So we could talk about Corona a little bit more, but we should talk about what the focus of this episode actually is, which is ETH as a triple point asset. So ether as a triple point asset.

Why is that so interesting? Why is that so exciting? This triple point asset, which is a term that I

created, which is a terrible meme, but somehow people still use it. It relates to the outside world.

There are three main asset types in the world. One is a commodity

asset. One is a store of value asset. And the last is a capital asset. And these are like the

three most significant types of assets that you find in the world outside of crypto. And so

they correlate to real world things like the bond market, the equities market, and also cash.

And so the cool thing about this topic, the cool thing about how these three assets are found all at once inside of Ethereum, inside of Ether, produces new characteristics.

The fact that they're all happening so closely together

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