Can Crypto's Broken Moral Compass Be Fixed? | RSA+DH
Bankless
Bankless
4.7 • 1.2K Ratings
🗓️ 27 March 2024
⏱️ 38 minutes
🧾️ Download transcript
Summary
On today's episode of Bankless Takes we're exploring the current state of crypto's social layer. Are we in this for the right reasons, or has crypto lost the plot?
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TIMESTAMPS
00:00 Start
05:16 The Worst Memecoins
10:37 How We Got Here
https://x.com/reganbozman/status/1769775181722190293?s=46
13:56 Have We Lost The Plot?
https://polynya.mirror.xyz/ptscXuh3J3KOj2uJAn0vrEanpn2nauwA7iytYZ4cM9U
19:39 Celebrating Criminals
https://x.com/laurashin/status/1772407168760713454?s=20
https://x.com/TrustlessState/status/1772313252183126314?s=20
https://x.com/TrustlessState/status/1772428935206183082?s=20
26:55 Long Term Focus
https://twitter.com/RyanSAdams/status/1772320119504449592?s=20
31:10 Don't Ignore The Bad, Pursue The Good
https://twitter.com/nic__carter/status/1771980083667861734?s=20
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Transcript
Click on a timestamp to play from that location
| 0:00.0 | The |
| 0:02.0 | B B The station |
| 0:04.0 | we got a David and Ryan takes |
| 0:06.0 | episode today |
| 0:07.0 | and we're going to talk about |
| 0:08.0 | crypto's broken moral compass. |
| 0:10.0 | Okay, this was a post that was issued this week |
| 0:12.0 | and also racist Salana meme coins. |
| 0:15.0 | What in the world is going on over there in crypto on Salana specifically? |
| 0:19.0 | And the big question, I think in our minds, the context for this conversation is has crypto lost the plot before we get into it this conversation which I'm pretty excited about I think there's actually more under the hood than what meets the eye |
| 0:31.0 | We're going to talk to our friends and sponsors |
| 0:32.8 | over at NFT Phi, where you can use your NFTs |
| 0:35.8 | to get a loan. |
| 0:36.6 | You use your NFTs as a collateral |
| 0:38.2 | to borrow from lenders, and then you repay your loan, |
| 0:41.0 | and then you get your NFT back. |
| 0:42.4 | It's pretty simple. |
| 0:43.4 | NFT 5 battle tested lending protocol for NFTs |
| 0:45.8 | with over half a billion dollars in cumulative volume, |
| 0:48.7 | spread over 62,000 cumulative loans. |
| 0:51.8 | On-chain, trustless, peer-to-peer, the way that we like it. |
| 0:54.5 | You can borrow Eath USEC dye by using your NFTs as a collateral. |
... |
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