Weekly Action Recap

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Dear Crypto Natives,

This week we saw flash loans start to ween out weak protocols like an Apex predator. Painful yet part of the process. When DeFi gets attacked it gets stronger.

Also this week…people called this article the best crypto tax article they’ve read, we re-released David Hoffman’s hits, and we learned about prize savings money legos.

And this is odd…2 days ago Bankless twitter sent out this obscure tweet.

What could it mean? 🤔

-RSA

📝 Friday Open Thread: wow do you deal w/ mental stress of crypto?

• Fiskantes shares lessons on crypto mental fitness from his poker days
• Be like a merchant trader of yore—know your ships may never return
• 10 things to remind yourself about investing in crypto
• Have non-crypto loved ones close to keep you sane

Still time to add yours. And check back next Friday 10am EST for a new open thread!

Recap for the week of February 16th, 2020

SCHEDULE RECAP:

• (Market Monday) What happens when you attack DeFi? - capture
• (Tactic Tuesday) How to do DeFi taxes - implement
• (Writers Wednesday) Ether: A New Model for Money (re-release) - consider
• (Thursday Thought) Prize Savings: the ultimate money lego - calibrate
• (Friday Open Thread) How do you deal w/ mental stress of crypto?  - collaborate

ACTIONS RECAP:

1. Execute any good market opportunities you saw in Market Monday
2. Complete weekly assignment: hide garbage tokens in Etherscan
3. Determine: which positions will you take for your tricky DeFi transactions?
4. Read or re-read Ether: A New Model for Money & other hits from the archive
5. Consider: how can Prize Savings change the world? (also try PoolTogether)
6. Collaborate: tell us—How do you deal with the mental stress of crypto?

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hmmm….. 🤔

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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