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Weekly Action Recap

Your action recap for the week of April 5th, 2020
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Apr 11, 20203 min read

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Dear Crypto Natives,

Stablecoins have been a force through the pandemic—$2b added in the last 30 days. And yes, I think stablescoins are good for Ethereum not parasites.

What about tokenized Bitcoin? Also symbiotic! That said, it’s becoming clear Ethereum and Bitcoin are taking different paths to moneyness.

(It’s okay to support both btw)

It’ll be nice to have both assets in our bankless DAOs!

Hope you’re staying safe and leveling up!

Let’s dive into the recap…

- RSA


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Recap for the week of April 5th, 2020


🎙️Listen to Episode 6: DeFi Trust Spectrum

Listen to episode 6 | iTunes | Spotify | YouTube | RSS Feed


🎙️Bonus - Listen to RSA on Epicenter podcast!

Really fun conversation! Sébastien and Brian asked great questions and had good pushback on some of my ideas! Listen here.


SCHEDULE RECAP:


ACTIONS RECAP:

  1. Execute any good market opportunities you saw in Market Monday
  2. Complete weekly assignment: hedge downside on your ETH
  3. Listen to Episode #6: DeFi Trust Spectrum on Bankless podcast
  4. Start an idea, grab some founders, and launch a DAO!
  5. Consider: is tokenized Bitcoin good or bad for Ethereum?
  6. Consider: what are the different paths to money for BTC vs ETH?

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Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. 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. I’ll always disclose when this is the case

Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. 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.

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