This episode is sponsored by Nexo.io, Circle and FTX US.
On today’s episode, NLW speaks with David Hoffman, the co-founder of Bankless, and a speaker at this year's Consensus festival, in Austin, Texas. They discuss how this bear market is alike and different from the previous one, as well as the state of Ethereum post-Merge.
Find our guest on Twitter: @TrustlessState
See also: Crypto Think Tank Coin Center Sues US Treasury Over Tornado Cash Sanctions
“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsors today is “War” by Enoch Yang. Image credit: DNY59/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.