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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.
Because once the wave recedes and we start to recover the world will need bankless more than ever. And we’ll be ready.
Recap for the week of March 8th, 2020
(Market Monday) Time to panic? - capture
(Tactic Tuesday) How to stay private in DeFi with email - implement
(Writers Wednesday) Ethereum is an Emergent Structure - consider
(Thursday Thought) Rise of the Liquidity Robots 🤖 - calibrate
(Friday Open Thread) What was the worst day in crypto like? - collaborate
Execute any good market opportunities you saw in Market Monday
Complete weekly assignment: become a DAI liquidity provider on Curve
Get an anonymous email account from ProtonMail to use in DeFi
Get your mind blown by this article from David Hoffman
Understand: what are bonding curves and AMMs?
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Tag me on twitter when you subscribe & tell me how you’re going bankless for 3 x 🔥
Bankless should be required coursework—but they won’t teach this stuff in school!
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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