1 hr 29 min

The Debate Over ETH's Monetary Policy | DH + RSA Bankless

    • Technology

The Ethereum community is currently in debate, are we going to change the monetary policy of ETH? Why should we? Who gets to decide? What should it be?
Today's episode of Bankless Takes is a masterclass on monetary policy for Ethereum and beyond.
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➡️ Apply to the Cartesi Grants Program here: 
https://bankless.cc/Cartesi 
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https://bankless.cc/spotify-premium 
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BANKLESS SPONSOR TOOLS:
🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE
https://k.xyz/bankless-pod-q2    ⁠ 
🛞MANTLE | MODULAR LAYER 2 NETWORK
https://bankless.cc/Mantle 
🏠 CASA | SECURE YOUR GENERATIONAL WEALTH
https://bankless.cc/Casa 
🔗CELO | CEL2 COMING SOON
https://bankless.cc/Celo   
🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION
https://bankless.cc/toku   
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TIMESTAMPS
00:00:00 Intro
00:03:23 Defining Monetary Policy
00:07:35 Total Monetary Base
00:12:46 M1 Chart
https://fred.stlouisfed.org/series/M1NS 
00:15:54 M2 Chart
https://fred.stlouisfed.org/series/M2NS 
00:20:05 Inflation + Purchasing Power
https://fred.stlouisfed.org/series/CPIAUCNS 
00:22:50 Bitcoin Issuance Policy
https://river.com/learn/who-creates-new-bitcoin/ 
00:30:22 Ethereum's Monetary Policy
https://studio.glassnode.com/metrics?a=ETH&c=native&m=supply.Current&resolution=24h 
https://notes.ethereum.org/@mikeneuder/iiii 
https://ultrasound.money/ 
00:35:27 ETH Social Contract
00:37:23 Bitcoin Monetary Policy
00:43:09 History Of ETH Issuance
https://github.com/ethereum/consensus-specs/pull/971 
00:50:58 Proposal Breakdown
https://ethresear.ch/t/endgame-staking-economics-a-case-for-targeting/18751 
01:01:57 ETH Supply Curve
https://imgur.com/pVrZ9Ii 
01:13:37 David's Opinion on Moving Forward
01:19:08 Ryan's Opinion
01:25:06 Policy Option 2
------
Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures⁠ 

The Ethereum community is currently in debate, are we going to change the monetary policy of ETH? Why should we? Who gets to decide? What should it be?
Today's episode of Bankless Takes is a masterclass on monetary policy for Ethereum and beyond.
------
➡️ Apply to the Cartesi Grants Program here: 
https://bankless.cc/Cartesi 
------
📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24 
https://bankless.cc/spotify-premium 
------
BANKLESS SPONSOR TOOLS:
🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE
https://k.xyz/bankless-pod-q2    ⁠ 
🛞MANTLE | MODULAR LAYER 2 NETWORK
https://bankless.cc/Mantle 
🏠 CASA | SECURE YOUR GENERATIONAL WEALTH
https://bankless.cc/Casa 
🔗CELO | CEL2 COMING SOON
https://bankless.cc/Celo   
🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION
https://bankless.cc/toku   
------
TIMESTAMPS
00:00:00 Intro
00:03:23 Defining Monetary Policy
00:07:35 Total Monetary Base
00:12:46 M1 Chart
https://fred.stlouisfed.org/series/M1NS 
00:15:54 M2 Chart
https://fred.stlouisfed.org/series/M2NS 
00:20:05 Inflation + Purchasing Power
https://fred.stlouisfed.org/series/CPIAUCNS 
00:22:50 Bitcoin Issuance Policy
https://river.com/learn/who-creates-new-bitcoin/ 
00:30:22 Ethereum's Monetary Policy
https://studio.glassnode.com/metrics?a=ETH&c=native&m=supply.Current&resolution=24h 
https://notes.ethereum.org/@mikeneuder/iiii 
https://ultrasound.money/ 
00:35:27 ETH Social Contract
00:37:23 Bitcoin Monetary Policy
00:43:09 History Of ETH Issuance
https://github.com/ethereum/consensus-specs/pull/971 
00:50:58 Proposal Breakdown
https://ethresear.ch/t/endgame-staking-economics-a-case-for-targeting/18751 
01:01:57 ETH Supply Curve
https://imgur.com/pVrZ9Ii 
01:13:37 David's Opinion on Moving Forward
01:19:08 Ryan's Opinion
01:25:06 Policy Option 2
------
Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures⁠ 

1 hr 29 min

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