33 - Slaying Moloch | Ameen Soleimani & Kevin Owocki

10/05/20 • 106 min

GO BANKLESS WITH THESE SPONSOR TOOLS: 🤖YIELD-SEEKING MONEY ROBOT THAT FARMS DEFI FOR YOU http://bankless.cc/yearn 🌐 UNSTOPPABLE DOMAINS - HUMAN READABLE ETHEREUM & CRYPTO ADDRESSES https://bankless.cc/unstoppable 🌈 ZAPPER - ULTIMATE HUB FOR DEFI - ZAP INTO DEFI http://bankless.cc/zapper 💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith ------ 33 - Slaying Moloch | Ameen Soleimani & Kevin Owocki

Moloch is the god of human coordination failure; the reason why we can't have nice things; the embodiment of the Prisoners Dilemma. The story of humanity is a never-ending iterative process of discovering new tools and mechanisms to coordinate against Moloch.

Is Ethereum the Sword that Humanity needs to finally slay Moloch? Why is Ethereum different than previous instances of coordination mechanisms, such as Religion or the Nation-State.

Tune in to this extremely important episode, and join the army of coordinators to help Slay Moloch!

Meditations on Moloch blog post: https://slatestarcodex.com/2014/07/30/meditations-on-moloch/ This is the original source of information which all Moloch-related conversation spawns from

Read aloud on YouTube: https://www.youtube.com/watch?v=SeohwQls2GE&t=5660s

David's Bankless Piece: Ethereum: Moloch Slayer https://bankless.substack.com/p/ethereum-slayer-of-moloch-

Gitcoin & MolochDAO https://gitcoin.co/hackathon/gitxchange2/?tab=hackathon:16 https://gitcoin.co/grants/238/bankless?tab=description https://www.molochdao.com/

POV Crypto Podcast on MolochDAO origins w/ Ameen: https://www.youtube.com/watch?v=2oU5jjyHWxE&t=4s

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Subscribe to the Bankless newsletter program http://bankless.substack.com/ Visit the official Bankless website for resources http://banklesshq.com/ Follow Bankless on Twitter https://twitter.com/BanklessHQ Follow Ryan on Twitter https://twitter.com/ryansadams Follow David on Twitter https://twitter.com/TrustlessState Follow Lucas on Twitter https://twitter.com/0x_Lucas ----- 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 we may add links in this channel to products we use. We may receive commission if you make a purchase through one of these links. We'll always disclose when this is the case.

Is Ethereum the Sword that Humanity needs to finally slay Moloch? Why is Ethereum different than previous instances of coordination mechanisms, such as Religion or the Nation-State.

Tune in to this extremely important episode, and join the army of coordinators to help Slay Moloch!

Meditations on Moloch blog post: https://slatestarcodex.com/2014/07/30/meditations-on-moloch/ This is the original source of information which all Moloch-related conversation spawns from

Read aloud on YouTube: https://www.youtube.com/watch?v=SeohwQls2GE&t=5660s

David's Bankless Piece: Ethereum: Moloch Slayer https://bankless.substack.com/p/ethereum-slayer-of-moloch-

Gitcoin & MolochDAO https://gitcoin.co/hackathon/gitxchange2/?tab=hackathon:16 https://gitcoin.co/grants/238/bankless?tab=description https://www.molochdao.com/

POV Crypto Podcast on MolochDAO origins w/ Ameen: https://www.youtube.com/watch?v=2oU5jjyHWxE&t=4s

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Don't stop at the video!

Previous Episode

SotN#16 - EXPLORING w/ Dan Robinson (Mempool Monsters, Optimism Launch, MEV, ETH/BTC Correlation with legacy, KuCoin Hack, FEW, Spinalda)

Fill out the questionnaire! https://forms.gle/aiWfvAvePx5qGJkC9 ----

🚀 SUBSCRIBE TO NEWSLETTER: http://bankless.substack.com/ ✊ STARTING GUIDE BANKLESS: https://bit.ly/37Q17uI ❤️ JOIN PRIVATE DISCORD: https://bit.ly/2UVI10O 🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/ 👕 BUY BANKLESS TEE: https://merch.banklesshq.com/ ----- GO BANKLESS WITH THESE SPONSOR TOOLS: 🌐 UNSTOPPABLE DOMAINS - HUMAN READABLE ETHEREUM & CRYPTO ADDRESSES https://bankless.cc/unstoppable 🌈 ZAPPER - ULTIMATE HUB FOR DEFI - ZAP INTO DEFI http://bankless.cc/zapper 💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith 🌈AAVE - LEND & BORROW YOUR CRYPTO W/O A BANK https://bankless.cc/aave ------ State of the Nation is EXPLORING, special guest Dan Robinson of Paradigm. 1) ETHEREUM'S DARK FOREST Short article from Dan: https://medium.com/@danrobinson/ethereum-is-a-dark-forest-ecc5f0505dff Unofficial Part 2 From samczsun https://samczsun.com/escaping-the-dark-forest/ 2) OPTIMISTIC ROLLUPS LIVE! Launch post!https://medium.com/@optimismPBC/light-at-the-end-of-the-tunnel-c390a05bbcb8 3) LIGHTNING ROUND - Why isn't crypto uncorrelated w/ stocks? - KuCoin hack showed who's centralized - $FEW and $EMN - Spinalda Testnet ------ Don't stop at the video! Subscribe to the Bankless newsletter program http://bankless.substack.com/ Visit the official Bankless website for resources http://banklesshq.com/ Follow Bankless on Twitter https://twitter.com/BanklessHQ Follow Ryan on Twitter https://twitter.com/ryansadams Follow David on Twitter https://twitter.com/TrustlessState ----- 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 we may add links in this channel to products we use. We may receive commission if you make a purchase through one of these links. We'll always disclose when this is the case.

Next Episode

SotN#17: RETREATING! w/ Jake Chervinsky (BitMEX REKT, SEC Action, is DeFi safe?)

📣 Join us at Invest Ethereum Conference Oct 14th - http://bankless.cc/investeth $25 off w/ “BANKLESS” code

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GO BANKLESS WITH THESE SPONSOR TOOLS:

🌐 UNSTOPPABLE DOMAINS - HUMAN READABLE ETHEREUM & CRYPTO ADDRESSES https://bankless.cc/unstoppable

🌈 ZAPPER - ULTIMATE HUB FOR DEFI - ZAP INTO DEFI http://bankless.cc/zapper

💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith

🤖YEARN - YIELD-SEEKING MONEY ROBOT THAT FARMS DEFI FOR YOU http://bankless.cc/yearn

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SotN #16: RETREATING! w/ @jchervinsky (BitMEX REKT, SEC Action, is DeFi safe?)

Lots of legal action taken against the crypto world lately! We're bringing Jake Chervinsky from Compound Labs onto the show to help us understand what's going on.

Enforcement actions from the SEC and CFTC - SALT Lending pays fine, must return investor funds, must register token - Kik is official dead, slain by SEC - BitMEX got BitREKT -- CEO Arther Hayes 'is AT LARGE', CTO of BitMEX is in jail

But most importantly:

Is DeFi immune from this? Does the protocolization of financial instruments save the day? When the spotlight turns to DeFi, are we prepared?

Resources linked & discussed

When worlds collide Bankless article:https://bankless.substack.com/p/when-worlds-collide-market-monday-a27

The Case for Electronic Cash and Financial Privacy (Coincenter piece that Jake talked about) https://www.coincenter.org/the-case-for-electronic-cash/

Jakes prediction that regulatory action is coming: https://twitter.com/jchervinsky/status/1310626151631671296?s=20

SALT Lending: https://www.coindesk.com/sec-orders-salt-lending-to-refund-investors-in-its-50m-ico

Kick KIN ruling: https://www.coindesk.com/kik-sec-ruling

Bloomberg scare article:https://www.bloomberg.com/news/articles/2020-10-01/booming-crypto-market-a-potential-haven-for-money-laundering

What does BitMEX charge from the DOJ for breaking the bank secrecy act mean for Defi? https://twitter.com/AdamScochran/status/1311729872050544643?s=20

Jay Clayton SEC chair says all stocks may be tokenized:https://www.theblockcrypto.com/post/79783/all-stocks-tokenized-sec-chairman-clayton

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Visit the official Bankless website for resources http://banklesshq.com/

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Follow DeFi Dad on Twitter https://twitter.com/DeFi_Dad

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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 we may add links in this channel to products we use. We may receive commission if you make a purchase through one of these links. We'll always disclose when this is the case.