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Bankless


Aug 31, 2020

Episode: #28
August 31, 2020

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Tools from our sponsors to go bankless:

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Vance Spencer of Framework was buying DeFi tokens when they were deeply unpopular. Deep conviction on DeFi, but he and his co-founder made bets on communities. He was contrarian yes...but contrarian right.

Ask him his strategy and he'll simply tell you..."I look at memes all day." But there's hidden brilliance in that phase. Listen as he describes how he invests in the crypto native founders, how he buys culturally composable communities, how the best things start very small. 

His fund bought SNX when no on believed. They bought LINK when it was worth 18 cents. How? Why? What's he buying now?

We end with some FIRE predictions on final market caps for this bull run.

We cover:

  • Are we in a bull market?
  • The DeFi Bull Case
  • Crypto Native Investing Fund
  • Composable communities
  • Contrarian bets in the bear market
  • Where did the LINK marines come from?
  • Populism is real in crypto
  • REGULATORS are friends?
  • Turning Communities into Protocols
  • Farming Token Premium
  • Things Vance is buying
  • Price Predictions!!! 🔥

Join us next Monday for a fresh episode!

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Resources discussed:

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Episode Actions:

  1. Get involved in communities - YFI, YAMs, SNX, Bankless
  2. Get active in the networks you invest in! (e.g. own some ETH, try to run an Eth2 validator!)

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Not financial or tax advice. This podcast is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions.  Do your own research.