55 - Welcome To Bankless | 2021 Edition

<p>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?<br /> ------<br /> 🚀 SUBSCRIBE TO NEWSLETTER: <a href= "https://newsletter.banklesshq.com/">https://newsletter.banklesshq.com/</a> <br /> 🎙️ SUBSCRIBE TO PODCAST: <a href= "http://podcast.banklesshq.com/">http://podcast.banklesshq.com/</a> <br /> ------<br /> GO BANKLESS WITH THESE SPONSOR TOOLS:</p> <p>⭐️ AAVE - BORROW OR LEND YOUR ASSETS<br /> <a href= "https://bankless.cc/aave">https://bankless.cc/aave</a> </p> <p>🚀 GEMINI - MOST TRUSTED EXCHANGE AND ONRAMP<br /> <a href= "https://bankless.cc/go-gemini">https://bankless.cc/go-gemini</a> </p> <p>💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS<br /> <a href= "https://bankless.cc/monolith">https://bankless.cc/monolith</a> </p> <p>📈 KWENTA - DERIVATIVES TRADING WITH INFINITE LIQUIDITY<br /> <a href= "https://bankless.cc/kwenta%E2%80%8B">https://bankless.cc/kwenta​</a> </p> <p>------<br /> Topics Covered</p> <p data-pm-context="[]"><strong>I. Why Are We Going Bankless?</strong> (0:00 - 29:09)</p> <ul> <li> <p>Need for Self-Sovereign Money</p> </li> <li> <p>Current Banking System is Corrupt</p> </li> </ul> <p><strong>II. How Crypto Fixes Money</strong> (29:10 - 41:45)</p> <ul> <li> <p>Protocols are Credibly Neutral</p> </li> <li> <p>Universally Accessible</p> </li> </ul> <p><strong>III. Crypto As A Parallel Financial System</strong> (41:46 - 1:00:42)</p> <ul> <li> <p>What is Money?</p> </li> <li> <p>Parallel Monies, Parallel Tech</p> </li> </ul> <p><strong>IV. The Bankless Money Stack</strong> (1:00:43 - 2:11:30)</p> <ul> <li> <p>BTC & ETH Value Propositions</p> </li> <li> <p>The DeFi Value Proposition</p> </li> </ul> <p><strong>V. Why Crypto Is Inevitable (</strong>2:11:31 - 2:34:24)</p> <ul> <li> <p>Game Theory & Gresham’s Law</p> </li> </ul> <p><strong>VI. How To Get Started</strong> (2:34:25 - 2:48:10)</p> <ul>