Ryan Berckmans is an ex-Amazon + fintech startup engineer. He's been involved with the Ethereum community for many years + invests in the crypto space.

He recently published a bullish thesis for investing in ETH at: ethereumcashflow.com

Watch on YouTube: https://youtu.be/u3IGTSBzwOk

Let us know what you think on Twitter: https://twitter.com/bzaidi https://twitter.com/RyanBerckmans

In this conversation you'll learn about:

blockchains, bitcoin + ethereum
difference between ethereum + ether (ETH)
ETH 2.0 + the transition from proof of work to proof of stake
how to earn 6-20% yield from ETH "staking"
applications of DeFi, peer-to-peer lending, smart contracts + NFTs
alternatives like Solana + what could still go wrong
side chains (Polygon) + layer 2 rollups (Arbetrum)

Timestamps:

0:00:00 - Snippet
0:01:18 - Intro To Ryan + What We’ll Cover
0:05:57 - Explaining Blockchain, Bitcoin + Ethereum
0:08:25 - Decentralization
0:13:57 - Difference Between Bitcoin Blockchain, Currency + Example Transaction
0:19:55 - Game Of Monopoly Example
0:21:50 - Ethereum Is Like The App Store + Uniswap Example
0:26:52 - What’s Being Built On Ethereum? ENS domains, Defi + NFTs
0:30:02 - Smart Contracts
0:31:24 - Decentralized Lending Through Code vs Banks
0:32:37 - “An App That Can’t Lie”
0:34:39 - Individuals Earning Yield Like The Banks
0:36:17 - Eco Is Like A Decentralized Venmo
0:37:26 - Ethereum Cash Flow Thesis
0:39:04 - Transition From Confidence To Cashflow Based Investment
0:42:06 - Replacing Basic Lawyer Tasks With Smart Contracts?
0:43:15 - Complimentary To Bitcoin
0:45:01 - ETH 2.0
0:47:03 - Consuming Less Energy + Impact On Environment
0:48:00 - Proof Of Work vs Proof Of Stake
0:51:10 - Solving For Scarcity
0:52:41 - EIP 1559 - Destroying ETH Tokens + How Fees Work
0:58:01 - How To Earn Yield By Staking ETH
0:58:50 - 3 Rewards As A Validator
1:03:34 - Staking Through Lido Without 32 ETH Minimum
1:05:11 - What % Yield Can You Expect From ETH? Why Will It Change?
1:09:56 - Currently 8 Day Wait To Be A Validator
1:12:29 - Why Yield Will Go Up + Down
1:14:16 - Summary Of ETH Bull Case
1:15:09 - What Could Go Wrong? Bear Case For ETH
1:17:25 - Why Can’t We Do This All On Bitcoin Instead?
1:22:29 - Network Effects + Head Start
1:23:15 - Promise Of Solana As An Alternative?
1:29:16 - Other Alternatives: DOT, Cardano, Binance Smart Chain
1:30:24 - Polygon/Matic + Side Chains
1:32:57 - Scaling Solutions + Rollups
1:34:48 - How Ryan Is Investing
1:39:41 - Do Your Own Research + Understand Risks And Downside
1:41:40 - Advanced Levels Of Yield Farming

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Ryan Berckmans // Ethereum Deep Dive, Earning Yield From Staking, Exploring DeFi + Alternatives 01:48:04 Share

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Ryan Berckmans // Ethereum Deep Dive, Earning Yield From Staking, Exploring DeFi + Alternatives