ROLLUP: The World is On the Clock | The Clarity Act | Crypto Mortgages | Bitmine Staking

**Ryan** (0:04)
Bankless Nation is the last week of March time for the Bankless Weekly Roll Up. Did the banks and the crypto industry reach a compromise on the Great Stablecoin Yield Debate for the Clarity Act? That's the question today. And the answer is like, maybe? And then there's also the question for CryptoNatives. Do we even want the Clarity Act at all if it doesn't give us stablecoin yields?

**David** (0:27)
Wow, spicy question. Wow, how dare you, Ryan? What do you mean we don't need the Clarity Act? I thought that was the whole thing.

**Ryan** (0:34)
I don't know. I'm becoming a little less convinced, but maybe you're on the other side of that debate.

**David** (0:38)
No, not necessarily. I kind of, what you're, I think you're alerting to is kind of in line with Mike Selig and Paul Atkins of like, we gave you guys clarity. And so now the importance of the actual Clarity Act might be a little bit, not as high as it once was. We're going to talk about all of that. I'm going to get Ryan's takes. You're going to get my takes too. But back into the macro front, Trump declared that the war in Iran is already won. Iran this week said, no, no, we're still fighting, actually. This is not over. You are stuck here with us.

**Ryan** (1:08)
And also Tom Lee may have just launched the biggest ETH staking platform in the world, which makes sense, because he's got a heck of a lot of ETH.

**David** (1:15)
He can just make it the largest platform in the world.

**Ryan** (1:17)
It seems to be what he did. The New York Stock Exchange announced its partner to tokenize stocks on chain. Which chains is the big question and who gets it?

**David** (1:26)
And then lastly, Google says Q-Day. Q-Day is the day that Quantum comes and messes up all of our stuff. It's Y2K, but all over again, but now it's Q-Day. Comes around and is just around the corner. It's escalating, making the timeline earlier. They think Q-Day could be here as early as 2029 Ethereum has a plan for Quantum. We had the episode with Justin Drake come out this week. What about the rest of crypto? What about Bitcoin? We're going to get into all of that and more.

**Ryan** (1:54)
Before we get there, I want to just do a drive by promotion for another podcast that's coming out of Bankless Media. It's called the DeFi Report. So some of you may be already subscribed to that. If you're not, I'm going to ask you to go subscribe to that now. But before I do, maybe giving you some insight into it. So every week, every Wednesday, I read a report that Michael Nato puts out. He's from the DeFi Report. He published it on his website. It's probably the best thing I read in crypto all week.

**David** (2:24)
As it relates to markets, you mean?

**Ryan** (2:26)
Yeah, it's as it relates to markets and fundamentals and what's happening in price. And so after I read that article, I prepare a few notes, questions to ask him. And then we get on a podcast and we hit record. And what is output is like a 35 minute episode of where he believes the markets are at a given point in time. So that comes out every Wednesday. It's a pretty brief episode. And he's become my go to person for crypto cycle fundamentals. He gets into the more the pricing, the prediction and a little bit of the trading that you and I don't do on Bankless. So if you are into that, go find the link in the show notes, hit subscribe, go search the DeFi report on Spotify, YouTube, wherever you consume podcasts.

**David** (3:10)
Still long time horizon trading, not short time horizon trading. So like trades over many months, quarters, quarter long trades, which I can get into that kind of trading.

**Ryan** (3:22)
Yeah, I think like it's good stuff and it's a little bit different than the kind of content we cover. So I definitely appreciate it.

**David** (3:30)
We'll do about 10 to 15 minutes of markets content right now here on the weekly roll up. Not Michael's full time job is to look at these every single day and you guys do like 30 to 40 minutes of content. So if you like the market section, but you want more of it with a professional, a serious individual, that's where you go.

**Ryan** (3:48)
You're saying you're not serious, David?

**David** (3:50)
No.

**Ryan** (3:51)
I want you to give me a serious take, though, right now on the one question that is defining markets, which is the war in Iran. So there was like a lot of back and forth on the day to day basis this week. Has been. And it felt like it was lurching. It was like, the war is over. Oh no, it's not. Oh, we have a deal. There's not really a deal. Trump was at one point, was he talking about getting like a gift from Iran?