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🗞️ Latest Weekly Rollup. Download the crypto meta to your brain in this weekly show.

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📺 ROLLUP: 4th Week of October

October 29, 2021

Market

• BTC Price

• ETH Price

• ETH/BTC

• TVL in DeFi

• $DPI

• DPI/ETH Daily Chart

• Layer 2 Beat

• EIP 1559

• Uniswap Volume

• Polygon Transactions

• 8m ETH Stakes

• Ethereum Fees

Releases

• GMI Index

• Across Protocol

• Argent to Starknet

• XDEFI Token

• Metamask

• Why Optimism?

• Ultra Scalable Ethereum

• Parallel

• Meta4 Capital

• Alchemy

• Hyy.pe

• CoinList

• Jobs

News

• Disney NFTs

• SHIB

• WorldCoin

• Goldman Likes DeFi

• Polygon Hack

• Cream Hack

• Secure Apps

• Reddit NFT Platform

• Twitter NFTs

• Wordpress x Zora

• Photoshop NFTs

• Economist Cover

• Firefighters Pension

• El Salvador Buys BTC

• Coinbase Lobbying

• Terra vs SEC

• Mastercard

• Regulation Rumors

• Eric Peters

• Polymarket Investigation

Takes

• Positive Feedback Loop

  

  DavidHoffman.ETH Ξ🦇🔊💰🏴 @TrustlessState

  More PoS validators ➡️ More shards providing data More data from shards ➡️ significantly more data available on rollups faster / cheaper rollups ➡️ more net economic activity more net economic activity ➡️ more fees for PoS validators more fees for validators➡️more validators

  10:09 PM ∙ Oct 27, 2021

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  95Likes17Retweets

  Unconstitutional Fed

  

  Ron Paul @RonPaul

  By creating many trillions of new dollars out-of-thin-air, The Fed set in motion an economic disaster. The warnings are over. Inflation is now here. Every excuse will be offered up as "the reason" for economic pain. Don't be deceived. The unconstitutional Fed is the reason.

  3:55 PM ∙ Oct 23, 2021

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  24,003Likes7,121Retweets

  Hyperinflation

  

  jack⚡️ @jack

  Hyperinflation is going to change everything. It’s happening.

  2:15 AM ∙ Oct 23, 2021

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  77,268Likes18,803Retweets

  Why Fiat Worked

  

  RYAN SΞAN ADAMS - rsa.eth 🦇🔊 @RyanSAdams

  Fiat only works because no one knows how fiat really works. This was fine for decades. Then crypto came. Crypto pays people to learn how money works. It's gamified economics. And when a new generation learns how money really works do you think they'll hold crypto or fiat?

  6:27 PM ∙ Oct 25, 2021

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  333Likes62Retweets

  Unrealized Gains Tax

  

  Matt Huang @matthuang

  Stocks are worth $100 Print a lot of money, stocks are now worth $200 Tax the unrealized gain of $100 Rinse, repeat

  3:28 AM ∙ Oct 25, 2021

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  16,242Likes2,656Retweets

  Facebook Whistleblower

  

  Jessica Lessin @Jessicalessin

  The Facebook whistleblower says she doesn’t need financial support because she bought “crypto at the right time.” She is in Puerto Rico in part to join her crypto friends, who are there seeking a tax shelter. Now I’m entertained.

  

  nytimes.comInside the Big Facebook LeakIn a time of mega-leaks, journalists’ sources have become power players. Frances Haugen, the former Facebook product manager who shared company documents, led a meticulous media rollout.

  1:08 AM ∙ Oct 25, 2021

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  1,974Likes261Retweets

  Owning NFTs

  

  ▽ @3LAU

  One day, they’ll all own NFTs

  

  11:11 PM ∙ Oct 25, 2021

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  4,903Likes570Retweets

MEME OF THE WEEK

Bankless 🏴 @BanklessHQ

I’m concerned crypto might improve things

1:20 PM ∙ Oct 24, 2021

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1,750Likes328Retweets

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Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter 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.