Dear Bankless Nation,
Hey look ma we made it to Andrew Yang’s podcast! 🔥
This is one to send your crypto curious friends—lots of 101 content!
Meanwhile this wk…Paypal purchased a crypto custodial solution for $500M.
This is the the DeFi mullet thesis playing out. FinTech in front, DeFi in the back. Eventually every multi-billion dollar FinTech company will switch out their traditional banking infrastructure for crypto rails.
That’s exactly what they’re starting to do. According to The Block, Paypal is experimenting with Ethereum, smart contracts, and other blockchain technologies to help improve their payment processing and other functionality.
As Matt Hougan from Bitwise said in our conversation this week…the banks have no idea what’s coming for them.
Maybe the banks will grow out their own mullets to compete.
Here’s what’s lined up for next week:
Our 1 year anniversary episode! Welcome to Bankless | 2021 Edition (early access)
Going to make the case for why SUSHI is worth over $100
Let’s get to the recap.
Recap for the week of March 1st, 2021
🎙️ WEEKLY PODCAST EPISODE
Earn bank off the funding rate 🔥
Trade DeFi options like a pro
Watch & Listen
🎙️ Listen to Why DeFi is the future | Mark Cuban 🔥
Weekly Subscriber Perks 🔥
The Bankless badge gives you access to perks like these:
Win a free dogepunk! These are going for over 2 ETH on Opensea 🤑
Launch your own raffle for Bankless Badge holders! Could be a good marketing move…
📺 Watch Episode 36 of State of the Nation
We’re now live streaming State of the Nation—join us at 2pm EST every Tuesday!
🗞️ Latest Weekly Rollup. Download the crypto meta to your brain in this weekly show.
🙏Thanks to our sponsor
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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.
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