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Cults, Culture, & Crypto with Meltem Demirors | Layer Zero

79 min • 5 april 2022

Meltem Demirors is the Chief Strategy Officer of CoinShares, a digital asset investment firm that manages $4B. Meltem is also known as the vibes sorceress, curator of vibes, and the queen of crypto. She’s been in the space for more than eight years and has seen the ebbs and flows of not only the markets, but the people that make up the space.

As a whole, the people that make up the space are part of the entire crypto cult. Whether you’re team Bitcoin or Ethereum, or whichever other coins, protocols, DAOs, people, etc. you support—you’re part of the cult. We don’t mean the negative connotation of the word cult, anon. Relax. Cults are everywhere.

Over the years, the online magic of crypto has bled into the IRL side of the space. How will this trend impact the future of the space? Why are cults everywhere? What advice does Meltem have for new crypto participants? Answers to these questions and so much more in the episode.

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------ Topics Covered:

0:00 Intro 5:02 Meltdem’s Trajectory into Crypto 13:08 When Crypto Became Real 20:17 The Power of Removing Your Ego 27:50 Why Meltdem was Wrong About Ethereum 34:24 Cults Are Everywhere 46:00 Cults vs. Communities 48:00 Meaning & Social Crypto Culture 52:00 Inter-generational product-market fit 54:50 Developing Your Own Perspective 1:05:53 How Social Crypto Has Changed 1:20:15 Meltem’s Advice For People New to the Space 1:22:44 What Meltem’s Optimistic About

------ Resources:

Meltem Demirors https://twitter.com/Melt_Dem 

CoinShares https://coinshares.com/ 

Simulacra and Simulation by Jean Baudrillard https://www.goodreads.com/book/show/22613.Simulacra_and_Simulation 

The Denial of Death by Ernest Becker https://www.goodreads.com/book/show/2761.The_Denial_of_Death 

Finite and Infinite Games Book by James Carse https://www.goodreads.com/book/show/189989.Finite_and_Infinite_Games 

----- 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 

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