Bankless ROLLUP: Tesla Sells Bitcoin | Minecraft NFT Ban | Polygon zkRollup | Genesis 3ac | Ethereum Merge
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Jul 22, 2022 This week, hosts dive into the intriguing world of crypto, discussing Tesla's Bitcoin holdings and the fallout from the Minecraft NFT ban. They explore Ethereum's upcoming merge and the rising significance of zkRollups for scalability. The podcast also sheds light on accidental purchases in the ENS market and examines the resilience of blue-chip NFTs in today’s market fluctuations. Listeners will enjoy insights on the evolving crypto job landscape and the contrasting paths of major players like BlockFi and Celsius.
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Arthur Hayes' Prediction on Inflation
- Arthur Hayes predicts the US will inflate its currency to bail out allies, devaluing the dollar.
- This intervention, amid tightening, could be bullish for cryptocurrencies like ETH and Bitcoin.
Merge Impact and Staking Opportunities
- The merge is a significant catalyst for ETH, impacting its price.
- Consider ETH staking derivatives like Lido and Rocket Pool for merge exposure and undervalued staking services.
ZK Rollups and ZK-EVMs
- ZK rollups are faster and cheaper than optimistic rollups due to instant finality.
- ZK-EVMs combine this with EVM's generalizability, making them highly anticipated.