84 - Defining the Metaverse
Bankless
Bankless
4.7 • 1.2K Ratings
🗓️ 22 September 2021
⏱️ 91 minutes
🧾️ Download transcript
Summary
This is a classic Ryan-and-David only episode. With no guest, we dive into David's recent article "The Metaverse Emerges." What is the Metaverse? Raoul Pal described it as digital fluidity on our recent episode with him.
Composable digital objects, a network economy, scaling social structures... whatever it is, Nation States aren't ready for the incoming metaversal explosion. Are you?
------
🚀 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
🦄 UNISWAP | DECENTRALIZED FUNDING
https://bankless.cc/UniGrants
------
📣 TracerDAO | Perpetual Pools are now Live on Aribtrum!
https://bankless.cc/Tracer
------
------
Topics Covered:
0:00 Intro
7:00 Cryptoeconomic Nation State
10:45 Seeing Like The State
18:50 Humanity’s Faustian Bargain
23:30 Seeing Like The Protocol
28:45 The Metaverse
32:00 Metaversal Objects
35:40 Centralization
39:21 Neutrality & Density
46:10 Slowly Manifesting
54:00 Avatars & Identity
59:41 Fluid Value
1:06:25 Ethereum’s Role
1:10:33 Blockchain Taxes
1:15:45 ETH as Metaverse Money
1:22:35 It’s All Metaverse
1:27:43 Closing & Disclaimers
-----
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
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Welcome to Bankless, where we explore the frontier of internet money and internet finance. |
| 0:12.6 | This is how to get started, how to get better, and how to front run the opportunity. |
| 0:16.4 | I'm Ryan Sean Adams, I'm here with David Hoffman, and we're here to help you become more |
| 0:21.9 | bankless. |
| 0:22.9 | David, this is the part of the show where I usually introduce our guests, but our guests |
| 0:26.6 | are going to be ourselves on this show. |
| 0:28.7 | So how are you doing today, man? |
| 0:30.3 | Oh, good. |
| 0:31.3 | I am in Colorado. |
| 0:32.5 | So a weird show in a weird place, but it's going to be a really fun topic today. |
| 0:37.7 | You know, you say it's a weird show, but we used to do a lot of these types of shows in |
| 0:40.8 | the early days of bankless. |
| 0:42.8 | So for context, guys, we're going to dig deep on a theme. |
| 0:45.9 | That theme is the Metaverse, David wrote this fantastic article. |
| 0:49.1 | I think it's the best article I've ever read on the Metaverse. |
| 0:52.6 | It's called The Metaverse Emerges, and we're going to discuss that in depth, but we used |
| 0:57.3 | to do this in the old days, a whole lot, David, where it would just be like, before we had |
| 1:00.4 | guests, before anyone wanted to come on the bankless podcast and say hello, it was just |
| 1:04.8 | you and I digging through a topic together, something we'd given a lot of thought to. |
| 1:09.0 | And I know you've given a lot of thought to the Metaverse. |
| 1:12.1 | So this is almost like a throwback to our roots and the episodes we used to do where we |
| 1:17.0 | would deep dive on a given thesis, like the protocol sync thesis came out of this digital |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Bankless, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Bankless and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.