SotN #3 GROWING (The Flippening is Back, India Banning China, DEXs going parabolic)
Bankless
Bankless
4.7 • 1.2K Ratings
🗓️ 2 July 2020
⏱️ 39 minutes
🧾️ Download transcript
Summary
STATE OF THE NATION #3 - Tuesday, June 23, 2020
The State of the Bankless Nation is....GROWING! The Bankless boys discuss why.
Watch the video here.
Covered:
- The Flippening is back (will ETH flip BTC?)
- India Bannking China (and why it's good for Ethereum & Bitcoin)
- DEXes going parabolic (bigger than Binance?)
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Action items:
- Look at the Flippening Metrics
- Read: An Inside Look at China’s Digital Currency
- Check out DEX metrics dashboard
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https://twitter.com/ryansadams
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Transcript
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| 0:00.0 | All right. Welcome to another edition, the third edition of State of the Nation. |
| 0:19.5 | I've got myself Ryan Sean Abbbs and we've got David Hoffman and we're here to talk about the state of the bankless nation today |
| 0:28.4 | David how you doing? I'm doing really good Ryan lots of things are moving around in the bankless nation and I'm really |
| 0:35.3 | excited to peel back the layers and get into it with you. Well I can't wait to ask you my starting |
| 0:39.7 | question but before we do for those of you who are new to stay of the nation we do this every Tuesday so every Tuesday sometime mid morning or afternoon depending on your time zone |
| 0:49.2 | We will release this on YouTube so make sure you subscribe will also release a podcast version of this on our |
| 0:55.5 | podcast stream on Wednesdays but you get it on YouTube a date earlier if you're |
| 0:59.4 | subscribed and tuning in this is where we talk about big picture stuff and we relate the |
| 1:05.2 | events in the news to what is happening in the bankless nation and the first |
| 1:09.5 | question I always ask David on these is what I'm about to ask him. |
| 1:13.5 | David, what is the state of the nation right now, sir? |
| 1:16.5 | The state of the nation is growing. |
| 1:19.5 | So we had this bullish period and then we had this churning period. |
| 1:24.5 | Those were the last two states of the nation. |
| 1:26.6 | And now things are settling and things are really developing. |
| 1:30.3 | And so we're seeing a lot of these applications come into maturity. |
| 1:35.0 | The churning state of the nation last week was all about learning how these Defi apps and |
| 1:41.0 | users of these Defi apps would come to grow accustomed to this new paradigm |
| 1:46.3 | that we are in with the Defy tokens as well as the surge of automated market |
| 1:50.8 | makers and now that we have absorbed these new things we are now |
| 1:55.9 | maturing with them and they are developing and growing and we are all doing that |
| 2:00.5 | alongside the bankless nation. I like that word growing. doing that we've |
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