A Historian's Take on the Bear Market | Josh Rosenthal
Today we are joined by Josh Rosenthal to learn how history predicts crypto's future. We discuss how history's revolutions shaped our beliefs and culture, what happens when technology outpaces society, what's next for crypto, why increased volatility is coming and more!
- -
Timestamps:
(00:00) Technology Drives History
(07:11) How the Renaissance Changed Everything
(13:41) Global Revolutions: The Domino Effect
(33:26) Carbon Ad
(35:08) The SEC’s Clampdown Contextualized by History
(57:44) How Crypto Will Shape Society
(01:12:30) Incoming Chaos and Managing Volatility
- -
Follow Josh: https://twitter.com/JoshuaRosenthal
Follow Jason: https://twitter.com/JasonYanowitz
Follow Santi: https://twitter.com/santiagoroel
Follow Empire: https://twitter.com/theempirepod
Subscribe on YouTube: https://tinyurl.com/4fdhhb2j
Subscribe on Apple: https://tinyurl.com/mv4frfv7
Subscribe on Spotify: https://tinyurl.com/wbaypprw
Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/
- -
This episode is brought to you by Carbon. Carbon is a new DEX on Ethereum that makes concentrated liquidity easy. LPs can automate their liquidity strategy with custom on-chain limit and range orders: all from a beautiful UI.
Don't miss out on Carbon's "ROI Trading Competition" that's live until July 11! Here’s how to play:
Click this Carbon link: https://bit.ly/43Vo2AB
Create a new Carbon strategy
Boom. You're eligible to win USDC rewards based on the performance of your strategy
- -
Resources
Josh Rosenthal on Empire (The Crypto Renaissance, May 2021)
https://spoti.fi/3NLnh8c
- -
Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.
126 - The Crypto Revolution | Josh Rosenthal
Josh Rosenthal is our favorite crypto native historian. He has a Ph.D. in history, and received a Fulbright Scholarship to the Sorbonne’s Institute for Advanced Studies.
Josh moved beyond traditional academia, sold some Web2 companies, and is now a crypto investor. He’s the historian that helped us craft the Crypto Renaissance podcast episode, which many people credit as the reason why they got into crypto.
And he’s here to do it again with the Crypto Revolution on the 4th of July, harkening a new independence day for the crypto nation.
------ 📣JUNO | Crypto Friendly Banking https://juno.finance/bankless
------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/ 🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/
------ BANKLESS SPONSOR TOOLS:
🚀ROCKET POOL | ETH STAKING https://bankless.cc/RocketPool
⚖️ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum
❎ACROSS | BRIDGE TO LAYER 2 https://bankless.cc/Across
🦁BRAVE | THE BROWSER NATIVE WALLET https://bankless.cc/Brave
🌴MAKER DAO | DECENTRALIZED LENDING https://bankless.cc/MakerDAO
🔐LEDGER | SECURE STAKING https://bankless.cc/Ledger
------ Topics Covered:
0:00 Intro 6:00 Josh Rosenthal 14:43 The Broad Themes of History 23:33 A Permissioned World 28:40 The Context of Revolution 36:21 Taxation and Value 42:30 The Revolutionary Goal 46:34 Launching an Experiment 50:51 Coordination 54:07 The Whiskey Rebellion 1:02:45 Flawed Policies 1:07:45 Net Improvements 1:16:28 Vocation 1:23:52 The Land of Opportunity 1:30:24 The Public Forum 1:37:50 Permissionless Building 1:45:40 Digital States 1:51:25 Make things easier 1:57:30 Get building 1:59:58 Help others 2:05:00 Closing
------ Resources:
Josh Rosenthal https://twitter.com/JoshuaRosenthal?s=20&t=_dhf5sZnqBpbG_SMeKcvrg
The Crypto Renaissance https://shows.banklesshq.com/p/-the-crypto-renaissance-josh-rosenthal
----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video 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: https://newsletter.banklesshq.com/p/bankless-disclosures
The Crypto Renaissance Has Begun | Josh Rosenthal
In this episode of Empire, Jason is joined by Josh Rosenthal - a former historian turned serial entrepreneur and crypto VC. Josh's encyclopedic knowledge of history - from the Middle Ages to the Renaissance and beyond - and ability to draw a throughline between historical events, Web3 and our world today is truly fascinating.
Josh contends that we are living through the greatest Renaissance in history. How will historians look back on today? Tune in to find out.
We discuss:
- medieval life
- what defines a Renaissance
- the advent of a dynamic identity
- signs of a reformation
- what drives history
- layering ownership into communication
- the pendulum between aggregation and decentralization
- how Web3 brings the missing element to the internet
- why we are living through THE greatest Renaissance
- how will society be impacted
- -
Follow Josh: https://twitter.com/JoshuaRosenthal
Follow Jason: https://twitter.com/JasonYanowitz
Follow Empire: https://twitter.com/theempirepod
Subscribe on YouTube: https://tinyurl.com/4fdhhb2j
Subscribe on Apple: https://tinyurl.com/mv4frfv7
Subscribe on Spotify: https://tinyurl.com/wbaypprw
--
Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/
- -
ParaSwap:
If you want to make a swap at the best price across the DeFi market, check out paraswap.io. ParaSwap’s state-of-the-art algorithm beats the market price across all major DEXs and brings you the most optimized swaps with the best prices and lowest slippage.
- -
(00:00) Introduction
(04:07) Medieval You
(10:30) Taking the Red Pill
(17:45) Self-Generating Demand
(21:16)The New Reformation
(27:42) A Recreation of Society
(32:15) Crypto Is A Counterweight To Aggregation
(37:18) Paraswap Ad
(38:26) Choosing Your Identity
(41:59) Synthetic Worlds and Chaotic Change
(46:51) Distinguishing the Institution From The Ideology
(53:37) Zoom Out
(56:46) Our Questions Affect the Outcomes
(57:51) Have We Lost Our Ingenuity?
(1:06:09) Institutions Eventually Give In
(1:07:10) Embracing Pluralism
(1:11:36) What Will the World Look Like?
(1:15:08) Crypto's Impact on the Middle Class
(1:21:18) New Jobs and Opportunities
--
Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.
63 - The Crypto Renaissance | Josh Rosenthal
Josh Rosenthal is a former historian and is now a partner at 6ixth Event Cataclysmic Capital. In today's episode, we take a wide lens and examine the similarities between the European Renaissance and what is happening in today's society with both the internet and blockchain technology.
Will future historians call this the Crypto Renaissance?
------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/ 🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/ 🎖 CLAIM YOUR BADGE: https://newsletter.banklesshq.com/p/-guide-2-using-the-bankless-badge ------ BANKLESS SPONSOR TOOLS:
💰 GEMINI | FIAT & CRYPTO EXCHANGE https://bankless.cc/go-gemini
🔀 BALANCER | EXCHANGE & POOL ASSETS https://bankless.cc/balancer
👻 AAVE | LEND & BORROW ASSETS https://bankless.cc/aave
🦄 UNISWAP | DECENTRALIZED FUNDING http://bankless.cc/uniswap
------ Bankless Podcast #63 - The Crypto Renaissance Guest: Josh Rosenthal
Josh Rosenthal holds a Ph.D. in Late Medieval / Early Modern European History, and received a Fulbright Scholarship to the Sorbonne’s Institute for Advanced Studies, think tank mixing culture, history, and technology. Josh is no longer a practicing historian and is instead a partner at ‘6ixth Event Cataclysmic Capital’, which supports early-stage founders targeting cataclysmic impact.
Here on Bankless, we do not necessarily view history as repetitive, but certainly as cyclical. If you're haven't already, check out Strauss & Howe's book 'The Fourth Turning' for a sober and salient account of what modern historiography is missing when it comes to interpreting societal ebbs and flows. Historical patterns are difficult to objectively pin down and create uniform laws that apply across the life cycle of a civilization. However, there are key concepts that are sticky and are often found in pivotal moments in history.
In this episode with Josh, we explore the sticky concepts of value and information.What does it mean for society when there are massive infrastructural changes to these things? The progress of civilization, on a macro scale, inevitably boils down to how we view, understand, create, and distribute communication and commerce. The European Renaissance, beginning in the 15th Century, is a fascinating example of a society undergoing fundamental changes in its relationship with value and information.
Two pieces of technology, the Printing Press and Double-Entry Bookkeeping, laid the foundation for a massive societal revolution that launched Europe into modernity. The late Middle Ages were increasingly hierarchical, in which value & information were held by an oligarchic feudal system. The Printing Press was a communication technology that decentralized access to information, such that Martin Luther was able to use it to spark the Protestant Reformation. Double-Entry Bookkeeping was an ancient practice rediscovered in Italy in around 1300, and this financial technology catapulted the Medici family into a flourishing age of art, culture, and redistribution.
The pendulum of history, according to Josh, swings between aggregation and distribution. Are we experiencing a pendulum swing now? Is the Internet the Printing Press of the information age? Will Blockchain Technology be the revolutionary piece of fintech that Double-Entry Bookkeeping was? Are we at the start of the next Renaissance – a Crypto Renaissance?
------
Topics Covered:
0:00 Intro 4:40 Josh Rosenthal, PhD 6:43 The Later Middle Ages 11:23 Value and Information 14:35 Physical Power 16:20 A Permissioned Life 22:25 The Disillusionment Bubble 25:15 The Renaissance & Value 32:48 The Renaissance & Information 41:40 Technology, the Catalyst 47:05 Fulfillment of the Internet 53:45 Demons Pooping & Early Memes 1:02:11 Money Printer Go BRR 1:07:30 Satoshi & Martin Luther 1:11:25 A Digital Renaissance 1:20:10 A Genie and a Bottle 1:25:03 Get Involved in Crypto Art 1:29:33 Prep with Crypto 1:31:52 Working for Crypto 1:36:20 Change over Time 1:38:36 Closing & Disclaimers
------ Resources:
6ixth Event https://www.go6ixthevent.com/
Josh on Twitter https://twitter.com/JoshuaRosenthal?s=20
----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video 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: https://newsletter.banklesshq.com/p/bankless-disclosures
