The Debate Over ETH's Monetary Policy | DH + RSA
The Debate Over ETH's Monetary Policy | DH + RSA  
Podcast: Bankless
Published On: Wed Apr 10 2024
Description: 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