55 - Welcome To Bankless | 2021 Edition

Happy 1-year Anniversary to the Bankless Podcast! We sum up the show’s first nine episodes in this single canonical mega-podcast, updating our answers to the big questions – What Does It Mean To Go Bankless? What Is DeFi? How Do I Get started? ------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/  ------ GO BANKLESS WITH THESE SPONSOR TOOLS: ⭐️ AAVE - BORROW OR LEND YOUR ASSETS https://bankless.cc/aave  🚀 GEMINI - MOST TRUSTED EXCHANGE AND ONRAMP https://bankless.cc/go-gemini  💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith  📈 KWENTA - DERIVATIVES TRADING WITH INFINITE LIQUIDITY https://bankless.cc/kwenta​  ------ Topics Covered I. Why Are We Going Bankless? (0:00 - 29:09) Need for Self-Sovereign Money Current Banking System is Corrupt II. How Crypto Fixes Money (29:10 - 41:45) Protocols are Credibly Neutral Universally Accessible III. Crypto As A Parallel Financial System (41:46 - 1:00:42) What is Money? Parallel Monies, Parallel Tech IV. The Bankless Money Stack (1:00:43 - 2:11:30) BTC & ETH Value Propositions The DeFi Value Proposition V. Why Crypto Is Inevitable (2:11:31 - 2:34:24) Game Theory & Gresham’s Law VI. How To Get Started (2:34:25 - 2:48:10) Get Crypto Money Take Self-Custody Start Using DeFi VII. The Journey West (2:48:11 - 2:59:38) Once-In-A-Lifetime Multi-Decades Event The Bankless Journey is Ambitious, Risky, and Highly Rewarding ------ Resources: Guide to Going Bankless: https://newsletter.banklesshq.com/p/-guide-1-starting-with-bankless  St. Louis Fed Report https://research.stlouisfed.org/publications/review/2021/02/05/decentralized-finance-on-blockchain-and-smart-contract-based-financial-markets  Designing Ethereum | Vitalik Buterin https://www.youtube.com/watch?v=-R0j5AMUSzA&t=6522s&ab_channel=Bankless  Episode #2: The Evolution of Monetary Policy https://shows.banklesshq.com/p/episode-2-the-evolution-of-monetary  ------ 📣REGISTER FOR COINDESK CONSENSUS 2021 AND SAVE $20 W/ BANKLESS: http://bankless.cc/consensus2021  ------ CATCH UP ON BANKLESS: 🗞️ Weekly Rollup (3/5): https://shows.banklesshq.com/p/-rollup-3lau-and-grimes-nfts-paypal  🧢 Weekly Action Recap (3/6): https://newsletter.banklesshq.com/p/weekly-action-recap-177  🐦 Follow Bankless on Twitter: https://twitter.com/BanklessHQ  ----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video 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. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://newsletter.banklesshq.com/p/bankless-disclosures