Ethereum š¤ Visa | Weekly Recap
We're front-running the institutions...and Visa is one of them.
 |
New raffle! Crypteriors is giving away 3 NFTs to Bankless Badge holders. Register here.
Dear Bankless Nation,
Guysā¦we didnāt get acquired by Wells Fargo. That was me trying some April Fools humor. The banks canāt stop the bankless movement. Weāre just getting started.
Speaking of just getting startedā¦this week we learned Visa is just getting started on Ethereum. One of the largest payment networks in the world now using Ethereum to settle transactions.
Think about that for a mināVisa just became an Ethereum sidechain.
While theyāll start off slowly, a few transactions per day (prob be worth millions each), Visa is setting a precedent. Financial institutions are now experimenting with public blockchain networks. And their first step is exploring how they can leverage Ethereumās block space to improve their processes.
Hereās what theyāll realize: Ethereum is a 24/7, global, open, programmable settlement layer for the world. They can send and receive money to anyone, anywhere, anytime. They can stream money in real time. They can verify income and assets on the spot.
Theyāre going to realize our entire financial system can be automatedā¦this time without the banks.
The best part? The more they adopt Ethereum the more they pay to ETH holders.
This has been our thesis for years. And weāre seeing it happen in real-time every week. Weāre front-running the institutions.
Speaking of which, hereās whatās lined up for the next one:
Much awaited podcast with Uniswapās Hayden Adams (early release video here)
Weāll dish out some DeFi tax tips & tricks for you procrastinators
A deep dive into a project aiming to become the DeFiās Blackrock
Another week of level ups. Ohā¦and happy $2k ETH :)
Letās get to the recap.
- RSA
P.S. Another round of Bankless Badges went out yesterday! Make sure you claim these bad boys. Big plans ahead. If youāre a premium member & donāt have it, DM Lucas on Discord.
š Sponsor: AaveāExperience DeFi: Deposit, Earn, & Borrow with Aave
Recap for the week of March 29th, 2021
šļø WEEKLY PODCAST EPISODE
Listen in Podcast App | iTunes | Spotify | YouTube | RSS Feed
ACTION RECAP
Execute any good market opportunities you saw in Market Monday
Prank the Bankless Nation with our Wells Fargo acquisition š„
Watch & Listen
šļø Listen to EIP 1559 | Hasu š„
šŗ Watch SotN #40: Get a job in crypto | Rob Paone (Crypto Bobby)
šŗ Watch ROLLUP: Visa on ETH | SNL NFT Skit | Bankless + Wells Fargo
šŗ Watch The Story Behind PleasrDAO
Weekly Badge Perks š„
The Bankless badge gives you access to perks like these:
Raffle for 3 Crypterior NFTs (badge perk!)
Alpha Alert on Fei Protocolās Genesis Event
Launch your own raffle for Bankless Badge holders! Go ahead. We canāt stop you.
šŗ Episode 40 of State of the Nation
šļøListen to Podcast Episode | šŗ Watch the Episode
Weāre now live streaming State of the Nationājoin us at 2pm EST every Tuesday!
šļø Latest Weekly Rollup.Download the crypto meta to your brain in this weekly show.
Listen to podcast episode | iTunes | Spotify | YouTube | RSS Feed
Go Bankless. $22 / mo. Includes archive access, Inner Circle & Badgeā(pay w/ crypto)
šThanks to our sponsor
Aave
š Experience DeFi: Deposit, Earn, & Borrow with Aave
Aave is a decentralised, open source and non-custodial liquidity protocol enabling users to earn interest on deposits and borrow assets. Aave Protocol is unique in that it tokenizes deposits as aTokens, which accrue interest in real time. It also pioneered Flash Loans and Credit Delegation as innovative DeFi building blocks. The Aave Protocol V2 makes the DeFi experience more seamless with features that allow you to swap your assets for the best yields on the market, and more. Check it out here.
Tag Bankless on twitter and tell us how youāre going bankless for 3 x š„
You thought the ultra sound money meme was over?
Want to get featured on Bankless? Send your article to submissions@banklesshq.com
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.
| 7 | 3 |
Guys, I really love the material. Bankless was one of the main resources that helped me get started with crypto. Subscribing and becoming a badge holder is one of my short term goals at the moment. However, I find myself wondering why there is no crypto subscription option! Feels like this is quite important actually... Count me as signed up, in a smart contract, as soon as you guys start walking the talk! ;)