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Ultrasound Money & VRFs with Justin Drake

Zero Knowledge

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What Is the Monetary Premium on EIP1559?

EIP1559 is the most secure and scarce blockchain in the world. The value of each individual token will go up if the market cap stays steady, but what is the monetary premium on that? That's what I didn't fully get from what you explained. It's kind of the societal illusion that we're going to use one specific asset as money. And it turns out that the way we coordinate as humans to a large extent is through shelling points and memes.

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