Weekly Action Recap

Your action recap for the week of March 9th, 2020

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Dear Crypto Natives,

Don’t panic, position. Did you position yourself yet? Time is short.

The bye-bye-good times possibility getting more real by the day. If it continues expect a flight to liquidity—treasuries, cash—followed by unlimited money printing by the central banks—followed by the rise of non-sovereign crypto monies.

Those first two are all but certain. The rise of crypto monies? That’s the bet.

When you read about the emergent structure of Ethereum it seems unavoidable. But it may take time. Privacy is one issue. But the system has other flaws. And we got to see them as it was majorly stress tested this Friday—DeFi wobbled but didn’t fail.

Schools now closed where I live, stores will be next.

Some know a tidal wave is about to hit others still blissfully unaware.

You may be working from home soon if you aren’t now. Use extra time to help people. Use the time to level up—read the archives—listen to the podcast—join the chats.

Because once the wave recedes and we start to recover the world will need bankless more than ever. And we’ll be ready.

- RSA


🙏Sponsor: Aave—earn high yields on deposits & borrow at the best possible rate! 


Recap for the week of March 8th, 2020


🎙️Listen to Episode 2: The Evolution of Monetary Policy

Listen to episode 2 | iTunes | Spotify | YouTube | RSS Feed


SCHEDULE RECAP:


ACTIONS RECAP:

  1. Execute any good market opportunities you saw in Market Monday

  2. Complete weekly assignment: become a DAI liquidity provider on Curve

  3. Get an anonymous email account from ProtonMail to use in DeFi

  4. Listen to Evolution of monetary policy in iTunesSpotifyYouTube

  5. Get your mind blown by this article from David Hoffman

  6. Understand: what are bonding curves and AMMs?

  7. Share: what was the worst day in crypto like?


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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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