Gold being the incumbent neutral reserve assets, the obvious first choice is the one that central banks already hold. It's the one that almost everybody in the world understand to some degree. It's got this multi,000-year track record with the main caveat being that it's really slow and expensive to audit.So, it's it's great as savings, it's not great as settlement. When Germany wanted to repatriate part of its gold, it took years and they finished ahead of schedule and it still it took years. Whereas like, ...

"We are basically in the fourth turning,” This is "the rough side of the long term debt cycle.” “it always feels like everything’s happening all at once.” “Sovereign debt crises tend to lead to more war and war also can lead to sovereign debt crisis." “Decades of debt building up” and “decades of laws building up” create “this entropy in the system.” “There’s usually some sort of clearing event… a pretty dangerous or challenging time” “The shields are down for all the norms people are used to,” and institut ...

Wow, that is a good looking poly market. 83% chance Clarity Act signed into law in 2026. That's great.>> You know, this is an insider market here. I mean, people who know are probably >> I don't think we should use the word insider because insider a dirty word. >> I don't I just don't think it's accurate.Somebody who knows, somebody who has specialized knowledge, somebody who has people who have knowledge about the state of the bill is in the hundreds of people and >> could be staffers. >> It's not could be ...

It is the third week of February. It is time for the Bankless weekly roll up. David, there's a fight for prediction markets. It was hot last week and it just got even hotter on the week. >> Got way spicier. Uh, a lot of people joining the fight. Uh, CFTC chair Mike Celig put out a one minute clip on Twitter basically planting the flag claiming prediction markets as in the domain of the CFTC causing a ton of people to join and pick sides, senators, representative. Ryan, what what side do you think Elizabeth ...

📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24 https://bankless.cc/spotify-premium ------ Lyn Alden joins us to make sense of the “everything, everywhere, all at once” macro moment. A fourth-turning-style unwind of the long-term debt cycle, rising fiscal dominance, and a rare, headline-level clash over Fed independence—plus what a Kevin Warsh Fed might actually do under real-world constraints. We dig into the “gradual print” era, why gold is ripping, how a more multipolar monetary order could emerge (gold, ...

I subscribe to the pro version of every AI that exists right now. I use the pro version of every AI that exists. I'm also um heavily into trying to create agents with these AIs as well.And let me start off by saying I think this is the biggest thing since the industrial revolution. I think this is way bigger than the invention of the internet. And I'll even give you as a prelude to some of this discussion.AI. Not only are we going to get it and we're going to get it full force, we're going to want it. Cuz i ...

I still think there's a chance you can get Bitcoin to a million, you can get ETH to 20,000. And here's how you do it. The narrative that we had that went into the high in October 25 was the adoption narrative.Digital asset treasury ETFs, here come the boomers, everybody's going to come in and they're going to buy it. All of that was the adoption narrative. Now, I actually think the adoption narrative was ended around that big surge after the election in November 24 to 100,000 and momentum waned and then we ...

I am enjoying this um poly market on the price of Bitcoin uh in 2026. Let's look at the odds that Bitcoin falls below 50K this cycle. The odds right now are 66%.>> That's really high. That's really high. 66% chance that we lose $16,000 off of Bitcoin.The equivalent price in the other direction, 72% chance that it goes up to $80,000. So you can hedge, you can trade on Bitcoin price on Polyark if you so wish. You can also like just think about setting buy ticks, you know, under 50K.>> Oh yeah, you can use Pol ...

Bankless Nation is the second week of February. We got the Super Bowl behind us. Dave, did you watch some of those commercials? >> Uh, I did. I did watch the commercials. Yeah. Oh, I I think I know. Are we about to watch a commercial? >> I think this was the only crypto commercial that was actually at the Super Bowl. Is that right? And there's a lot of AI commercials. >> That's right. That's right. >> Here was the uh the reaction. This is from somebody's living room. A reaction to the Coinbase commercial. U ...

📣KRAKEN | DEFI EARN https://bankless.cc/Kraken --- Last week felt like four different crashes happening at the same time: AI software stocks melting down, crypto capitulating, gold and silver whipping around, and markets suddenly panicking about AI CapEx. Jim Bianco returns to Bankless to explain what actually changed: why AI is collapsing the cost of building software (and threatening SaaS pricing models), how “synthetic Bitcoin” in TradFi can amplify volatility even when nothing breaks onchain, and why th ...