Exploring Monetary Policy and Innovative Solutions in Web 3

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 

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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

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