Weekly Action Recap

Your action recap for the 3rd week of February
Feb 20, 20211 min read

Dear Bankless Nation,

Bitcoin is now a trillion dollar asset.

It took over a decade of work to get here, but we did it. And here’s what I’m most proud of—for one of the first times in history…retail got here before the institutions.

But now the institutions are piling in. The meme of BTC as digital gold has propagated. Everyone’s feeling the FOMO.

Meanwhile you can almost hear the money printer warming up as the U.S. pushes forward another $1.9T in stimulus.

Trillion dollar BTC is only the start.

Trillion dollar ETH? 👈 that sounds right.

$2K ETH means we’re almost a quarter of the way there.

Here’s what’s lined up for next week:

  • Podcast—are Ethereum’s Layer 2 scaling solutions coming or is it too late? (early access here)
  • An NFT double header (tues + wed articles are gonna be 🔥)
  • Learn why DeFi needs trust minimized money (and a bit about RAI)

Oh…and we’re recording with Mark Cuban on Tuesday. 🤯

Let’s get to the recap.


Recap for the 3rd week of February 2021


Listen in Podcast App | iTunes | Spotify | YouTube | RSS Feed


  1. Execute any good opportunities you saw in Market Monday
  2. Learn how to use a Lattice1 hardware wallet
  3. Recap how a DeFi power user got hacked for $24M
  4. Dig into KeeperDAO
  5. Share your thoughts: are NFTs overhyped or a new paradigm?


  1. 🎙️ Listen to The Crypto Milkshake Theory | Brent Johnson
  2. 📺 Watch SotN #34: Polygon: Ethereum’s Internet of Blockchains
  3. 📺 Watch The Attack on Hugh Karp: Post Mortem
  4. 📺 Watch Rollup: ETH & BTC at ATHs | NFTs | Andrew Yang | Bitwise Index

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.

Account Light mode Log Out