Bankless 7 - Ether’s Value Mechanisms
Apr 13, 2020
Dive into the world of Ether and discover its unique value mechanisms that set it apart from traditional currencies. Explore the impact of government money printing and learn how it affects economic fairness. The podcast highlights the significance of decentralized finance and the foundational ideals driving it. Uncover the scarcity dynamics within the Ethereum network and how staking enhances value. Plus, draw parallels between Conway's Game of Life and the evolving ecosystem of Ethereum, providing insights into the future of decentralized applications.
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Unfair Money
- The Federal Reserve's increasing money printing is making the financial system less fair.
- It rewards those close to the money spigot, eroding capitalism.
Money Printer as Central Planning
- Money printing prevents necessary economic change and acts as central planning.
- This can stifle innovation and efficiency in the long run.
David Hoffman, the Bitcoiner?
- David Hoffman was mistakenly called a Bitcoiner on Twitter.
- This sparked a discussion about tribalism in the crypto community.
