ROLLUP: Stripe's Billion Dollar Stablecoin Bet | Noteworthy Investor Longs BTC | Kraken's New L2 | Self Custody Is For Losers??
Bankless
Bankless
4.7 • 1.2K Ratings
🗓️ 25 October 2024
⏱️ 60 minutes
🧾️ Download transcript
Summary
This week, a record-breaking billion-dollar crypto acquisition has caught mainstream attention, highlighting its significance for the stablecoin market’s future. Kraken joined the Layer 2 race, while Worldcoin launched its own L2, WorldChain, and Scroll’s airdrop received mixed reactions from recipients. Meanwhile, Paul Tudor Jones is bullish on crypto as a hedge, while Michael Saylor stirred controversy by criticizing self-custody, calling it a move for “losers.”
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TIMESTAMPS & RESOURCES
00:00 Start
02:23 Markets
https://pro.kraken.com/app/trade/btc-usd
https://pro.kraken.com/app/trade/eth-usd
https://x.com/DegenerateNews/status/1849120571222536262
https://www.coingecko.com/en/global-charts
06:22 L2 Updates
https://l2beat.com/scaling/summary
https://x.com/lukeyoungblood/status/1849217477668171831?s=46&t=2ZINVXJQKx6xO_6Wiiu_2g
https://x.com/lukeyoungblood/status/1849217477668171831? s=46&t=2ZINVXJQKx6xO_6Wiiu_2g
08:09 Paul Tudor Jones Bullish Bitcoin
https://x.com/WatcherGuru/status/1848735063615152136
10:46 Election Check In
https://polymarket.com/elections
https://x.com/Polymarket/status/1849451658788384797
15:26 Kraken's New L2
https://x.com/inkonchain/status/1849443457883885801
https://inkonchain.com/en-US
19:23 Stripe's $1 Billion Dollar Bet
https://x.com/Stablecoin/status/1848390849215730100
https://x.com/zcabrams/status/1848391342524641533
https://x.com/benhoneill/status/1848390493425504388
https://x.com/cburniske/status/1848108613631390155
22:24 Michael Saylor Against Self Custody?
https://x.com/AdamSimecka/status/1848131598044074289
https://x.com/Sina_21st/status/1848450657205789161
https://x.com/ErikVoorhees/status/1848754319019151873
https://x.com/VitalikButerin/status/1848876323026178429
https://x.com/ercwl/status/1848737997463695827
28:59 Balance on CEX's
https://x.com/leonwaidmann/status/1848780740969795917? s=46&t=2ZINVXJQKx6xO_6Wiiu_2g
32:38 Uniswap Integrated Across
https://x.com/AcrossProtocol/status/1849106135443202069
https://x.com/danrobinson/status/1849142590131904650
https://x.com/TrustlessState/status/1849182167748022600
35:47 Scroll Airdrop
https://scroll.io/blog/introducing-scrolls-first-airdrop-a-celebration-of-the-global-community
https://claim.scroll.io/
https://x.com/Andrey_10gwei/status/1848441546645135672
https://x.com/redhairshanks86/status/1848653068554166339
39:12 Ethereum Blobs
https://x.com/Data_Always/status/1848789160888332340
42:46 WorldCoin launches 'World Chain' L2
https://world.org/blog/announcements/world-chain-now-open-every-human
48:46 Central Bankers
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4985877
https://www.minneapolisfed.org/research/working-papers/unique-implementation-of-permanent-primary-deficits
52:11 Buenos Aires Issues Decentralized ID's
https://zksync.mirror.xyz/kWRhD81C7il4YWGrkDplfhIZcmViisRe3lnsmbvOEmg
56:19 Nigeria Drops Charges
https://www.bloomberg.com/news/articles/2024-10-23/nigerian-court-releases-binance-executive-jailed-since-february
57:44 Meme Of The Week
https://x.com/TrustlessState/status/1849206541255389459
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Transcript
Click on a timestamp to play from that location
| 0:00.0 | Bankless Nation is the fourth week of October's time for the Bankless Weekly |
| 0:06.9 | roll up. Okay, where do we start? We got a record-breaking billion dollar |
| 0:10.4 | crypto acquisition. It's catching mainstream attention and it could be a |
| 0:14.9 | really big deal for stable coins. We also got multiple layer two's adding to the |
| 0:20.1 | Ethereum settlement network this week. Krakan adding its layer two to the super chain, |
| 0:24.5 | what's his plan, what's it called. |
| 0:26.2 | And then also world chain from World Coin is online. |
| 0:30.2 | And in addition to all of that scroll, |
| 0:32.0 | another theorem later |
| 0:32.8 | to drop their air drop this week. |
| 0:34.8 | Was everyone happy or was everyone upset? |
| 0:37.0 | It's an air drop. |
| 0:37.6 | So what do you think, David, at this point of cycle? |
| 0:40.6 | Was it like all the other ones or did it break the trend? |
| 0:43.0 | Also, Paul Tudor Jones, notable investor is buying crypto and we'll talk about why. |
| 0:48.0 | And then Michael Saylor, another notable crypto investor, |
| 0:51.0 | he's on the hot seat for basically saying self-custodies for losers. |
| 0:54.6 | Yeah, yeah, hot take. Not very bad. Bold strategy for him. We're going to get to all of this stuff and more, but first I'm |
| 1:00.8 | wanted to talk about our friends and sponsors over at |
| 1:02.7 | ZeroX the OG builders building critical Defi infrastructure ever since 2017 I remember |
| 1:07.8 | reading the Zero X white paper 2017 one of the few white papers that I actually got |
| 1:12.2 | value out of and stood the test of time |
... |
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