The real revolution (Market Monday - Lite)

Market Monday for March 2, 2020

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Dear Crypto Natives,

I’m tired of reading bad takes like this. But sadly maximalism is the status quo in crypto media today. We deserve better. Because the popular crypto media doesn’t get it.

It’s time to focus on the real revolution. The bankless revolution.

That’s why I started the program. And that’s why I’m starting a Podcast today.

Listen to episode 1 | iTunes | Spotify | YouTube | RSS Feed

The Bankless Podcast will explore the frontier of internet money and finance. How to get started. How to get better. How to front-fun the opportunity. How to go bankless.

Here’s how it’s going to go:

  • New episode released every Monday

  • Plain-speak designed for all skill levels

  • A level up in every episode

I’ve added David Hoffman as my co-host. Like me, David lives and breaths this stuff. Together we’ll be your guides into this new frontier.

I’m doing this Podcast now because it’s time.

It’s time to invite the first tranche of adventurers into this wild west. The ones willing to set out on the journey and risk life and limb for the prospect of treasure and opportunity. We have the early infrastructure. We need the settlers.

It’s time to reclaim the revolution from maximalists who attempt to repress Ethereum because they think it threatens Bitcoin and who feign desire for self-sovereign money while installing themselves as our new banker overlords.

It’s time to show the traditional banks they can’t control us any longer. They’re the newspaper industry in the 90s: in this new world we don’t need them, they need us. They either adopt or die. The people are taking back their money system.

It’s time for a mainstream crypto podcast that isn’t afraid to say:

  • Bankless is better

  • DeFi is the future

  • ETH is money

This is the Podcast I would have wanted in my early crypto days. This is the reason I got into crypto. This is the upside. This is the revolution.

But it’s for everyone.

There’s no such thing as reward without risk. The Bankless Trail is fraught with danger—bandits, typhoid, dysentery—the road is hard. You could lose everything. There’s no promise this all works out for you.

But some of you will weight the risks and take up the adventure. How often does humanity reinvent its money? I can’t miss thisyou say. I want a story for the grandkids. I want to see where the trail ends. I want a shot at the opportunity.

I want to go bankless.

That you?

Then you’ll like the Bankless Podcast. You’re the reason we created it.


P.S. Subscribe to Podcast in iTunes, Spotify, YouTube, or by RSS Feed

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Market numbers

  • ETH struck down to $231 from $262 last Monday

  • BTC stumbled to $8,858 from $9,590 last Monday

  • DAI stability fee steady at 8% with savings rate up to 8%

Market opportunities

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Money reads


Check out a few opportunities I’m capturing right now with my crypto money


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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. I’ll always disclose when this is the case.