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Ryan Adams

πŸ‘€ Speaker
2103 total appearances

Appearances Over Time

Podcast Appearances

Bankless
ROLLUP: Crypto Momentum | Regime Shift? | Payments War | Prediction Boom | SBF on Netflix

So I see this as like, again, trying to constrain the tail wagging the dog and being there.

Bankless
ROLLUP: Crypto Momentum | Regime Shift? | Payments War | Prediction Boom | SBF on Netflix

The gains are pure.

Bankless
ROLLUP: Crypto Momentum | Regime Shift? | Payments War | Prediction Boom | SBF on Netflix

Yeah.

Bankless
ROLLUP: Crypto Momentum | Regime Shift? | Payments War | Prediction Boom | SBF on Netflix

And everyone participating in the prediction markets above them trust that they're pure.

Bankless
ROLLUP: Crypto Momentum | Regime Shift? | Payments War | Prediction Boom | SBF on Netflix

Yeah.

Bankless
ROLLUP: Crypto Momentum | Regime Shift? | Payments War | Prediction Boom | SBF on Netflix

And the CFTC and prediction market platforms and the MLB are like, we're going to do everything that we can to create the largest, most high integrity markets around these things.

Bankless
ROLLUP: Crypto Momentum | Regime Shift? | Payments War | Prediction Boom | SBF on Netflix

This is pretty interesting.

Bankless
ROLLUP: Crypto Momentum | Regime Shift? | Payments War | Prediction Boom | SBF on Netflix

I don't know if this counts as a 4D chess move, but it's a very strong move from Mike Saligan and CFTC against the state because you're aligning all of the major sports leagues with the federal regulator side of things over Nevada and the state's gambling laws.

Bankless
ROLLUP: Crypto Momentum | Regime Shift? | Payments War | Prediction Boom | SBF on Netflix

Tempo, payments first, layer one, EVM layer one, built by Paradigm and also Stripe, heavy involvement with Stripe.

Bankless
ROLLUP: Crypto Momentum | Regime Shift? | Payments War | Prediction Boom | SBF on Netflix

It's basically going to be Stripe's payments chain.

Bankless
ROLLUP: Crypto Momentum | Regime Shift? | Payments War | Prediction Boom | SBF on Netflix

It's focused on very high throughput, very low fee, dedicated stablecoin payments.

Bankless
ROLLUP: Crypto Momentum | Regime Shift? | Payments War | Prediction Boom | SBF on Netflix

As it turns out, you were telling me this, Ryan, Tempo, the chain, the construction of the chain, has a fast lane for stablecoins specifically.

Bankless
ROLLUP: Crypto Momentum | Regime Shift? | Payments War | Prediction Boom | SBF on Netflix

So while anyone can deploy a contract on Tempo,

Bankless
ROLLUP: Crypto Momentum | Regime Shift? | Payments War | Prediction Boom | SBF on Netflix

You have a separate, if you're like a DeFi app, like somebody can take Aave and put it on Tempo, that'll be in one lane, but it'll be separate from the fast lane for stablecoin payments.

Bankless
ROLLUP: Crypto Momentum | Regime Shift? | Payments War | Prediction Boom | SBF on Netflix

Yeah, that's right.

Bankless
ROLLUP: Crypto Momentum | Regime Shift? | Payments War | Prediction Boom | SBF on Netflix

Stablecoin payments will have like this first class right of a fast lane on Tempo.

Bankless
ROLLUP: Crypto Momentum | Regime Shift? | Payments War | Prediction Boom | SBF on Netflix

And it's another X402.

Bankless
ROLLUP: Crypto Momentum | Regime Shift? | Payments War | Prediction Boom | SBF on Netflix

Apparently, it also plays nicely with X402, but nonetheless is a different standard.

Bankless
ROLLUP: Crypto Momentum | Regime Shift? | Payments War | Prediction Boom | SBF on Netflix

And so there is some collab or competition tension between these two things.

Bankless
ROLLUP: Crypto Momentum | Regime Shift? | Payments War | Prediction Boom | SBF on Netflix

There's not the only one.