ROLLUP: War Returns, Markets Shrug | Saylor Sells | Robinhood Memecoins | Ethereum 3.0?

**David** (0:04)
Bankless Nation, another Friday, another week. It's time for the Bankless Weekly Roll Up. Ryan, how are you doing?

**Ryan** (0:09)
I'm great, David. I was really excited to celebrate the 4th of July, the 250th anniversary. It is actually July. This is the, I think, is this the 10th? This is the 11th year of existence for Ethereum, is that right?
July, Ethereum's 11th birthday.

**David** (0:24)
No, is it 10th? Yeah, the Ethereum blockchain started sometime in July in 2015, so this makes it Ethereum 11 years old.

**Ryan** (0:33)
So where do you think Ethereum will be in?

**David** (0:34)
Forget America's birthday. Happy birthday, Ethereum.

**Ryan** (0:36)
250 years from now, where do you think Ethereum will be?

**David** (0:41)
Still producing blocks.

**Ryan** (0:42)
Give me an even price prediction.

**David** (0:44)
I don't know if the dollar is the correct denominator at that point in 250 years. I mean, the dollar's got Lindy, but I don't know if it's got 250 more years of Lindy, not to say anything about Ethereum's 11 years of Lindy.

**Ryan** (0:57)
Well, we are not going to be around, so it's not going to be our problem. Unless you do the Brian Johnson thing.

**David** (1:01)
I think there's a very solid chance that at least I will be around because I'm at least trying half-heartedly to do that.

**Ryan** (1:07)
Well, you might need a new roll up co-host then because I'm not sure about myself, David. What do we got this week?

**David** (1:13)
This week, the ceasefire with Iran is over.
The United States struck 80 targets over two days across Iran. Iran hit back with US bases in Bahrain and Kuwait, and oil sanctions on Iran are back on. So how are the markets responding to all of this? We did it during market hours this week. Usually Trump waits for Friday at 4 p.m. after the market closes.

**Ryan** (1:34)
Does he really?

**David** (1:36)
Yeah, I guess he does. He did that like four times. Like it's Friday at 4 p.m. It's time to bomb Iran. But there's a ceasefire and then now it's seemingly over. Trump's got some words to say. There's also Michael Saylor once upon a time, you know, in distant memory, he sold 32 Bitcoin and Bitcoin dropped like 20 percent.
This week, Saylor sold 3,588 Bitcoin and Bitcoin went up 3 percent. Huh.

**Ryan** (2:04)
You told me you think that marks the bottom.
We gotta dive into what your thoughts are on that. Also, the Robinhood Chain finished its first full week in production with a killer use case that's emerging. We'll talk about what that is.

**David** (2:16)
You've never seen this use case before. Brand new meta in crypto. We've never seen it.

**Ryan** (2:21)
Speaking of brand new, there's a new Ethereum roadmap brought to you by Vitalik, and he published it. He pushed it out. It's called the Strawman. I really get the feeling... Oh, Strawmap, oops, not Strawman.
I really get the feeling they wanted to call this Ethereum 3.0, but just didn't because of reasons.

**David** (2:37)
He did say the third phase.

**Ryan** (2:39)
I know. Just say it. This is Ethereum 3.0, folks.

**David** (2:43)
We're on Ethereum 3.0.

**Ryan** (2:44)
We'll weigh in on that.

**David** (2:45)
We never really knew when 1 ended and 2 started, and it's going to be the same thing now.

**Ryan** (2:49)
2 started with the merge. 1 was when the whole thing kicked off 11 years ago, 10 years ago, excuse me.

**David** (2:56)
Yeah, that's fair. Okay.

**Ryan** (2:57)
The merge was 2 I guess we've been in 2 for a while.

**David** (3:01)
Yeah, it's a little bit like DC's ship, though, because the merge, we ejected the consensus layer and added a new one, but the execution layer stayed the same.

**Ryan** (3:09)
We'll get into it. I think it's Ethereum 3.0, at least. But let's start with Iran, the big news around the world. What happened with Iran?

**David** (3:19)
So two major waves of airstrikes on July 8th and 9th across Iran, targeting 170 military sites in total. So I would imagine this was a pretty big, in terms of strikes, which was a pretty big one.
This was in direct retaliation for Iran attacking three commercial vessels in the Strait of Hormuz earlier this week, which the United States characterized as a clear violation of the existing truce. I'm guessing what happened here is like, we decided to like see what we can do with pushing boats through the Strait of Hormuz and seeing what Iran would allow. And Iran was like, well, we're going to strike those ships, and they struck those three ships. And then, you know, the United States just escalated. And so here we are. So I think the big question is, is the ceasefire over? Like, are we just back to war with Iran? Let's go ask the Donald himself. Let's see what he said. Have any questions?