Show off your Bankless Badge & get access to a secret Discord channel, exclusive content, and more!

Join the Bankless Nation

This Week’s Episode marks the 1-year Anniversary of 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?

🎙️ NEW PODCAST EPISODE

Listen in Podcast App | iTunes | Spotify | YouTube | RSS Feed

Tools from our sponsors to go bankless:

⭐️ 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​

🎙 Welcome to Bankless

March 8th, 2021

Table of Contents:

I. Why Are We Going Bankless? (0:00 - 29:29)

• Need for Self-Sovereign Money

• Problems in Legacy Finance

II. How Crypto Fixes Money (29:30 - 42:11)

• Protocols are Credibly Neutral

• An Accessible Parallel Financial System

III. What Does This Look Like? (42:12 - 1:14:11)

• What is Money?

• Cryptography & Your Keys

IV. The Bankless Money Stack (1:14:12 - 2:11:49)

• Settlement Layer

• Asset Layer

• Protocol Layer

• Application Layer

• Aggregation Layer

V. Why Crypto Is Inevitable (2:11:50 - 2:24:59)

• Game Theory & Gresham’s Law

• The Triple Point Asset

VI. How To Get Started (2:25:00 - 2:33:22)

• Get Crypto Money

• Take Self-Custody

• Start Using DeFi

VII. The Journey West (2:33:22 - 3:00:01)

• Once-In-A-Lifetime Multi-Decades Event

• The Bankless Journey is Ambitious, Risky, and Highly Rewarding

Relevant Links:

• 🌅 Field Guide 1: Going Bankless Starter Guide

• 🔴 Field Guide 2: Using the Bankless Badge

• 🛠️ Field Guide 3: Tactics & Tools Index

• 👨‍👩‍👧‍👦 Bankless Socials: Twitter | Instagram | Reddit | TikTok | Facebook

Episode Actions:

• Open an account on an exchange & buy some crypto money (We like Gemini)

• Familiarize yourself with the Going Bankless: Starter Guide

• Commit to leveling up weekly! Subscribe to 🗞️Newsletter | 🎙️Podcast | ▶️Youtube

CATCH UP ON BANKLESS:

• 🗞️ Weekly Rollup (2/26)

• 🧢 Weekly Action Recap (2/28)

Not financial or tax advice. This newsletter is strictly educational. It is not investment advice nor a solicitation to make any financial decisions or buy/sell any assets. This newsletter 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.