What is ETH? BEST Explanation (2022)
Will ETH—the native currency of the Ethereum ecosystem— take the throne of the #1 cryptocurrency from Bitcoin? This has never happened. Why do people believe this? What gives them conviction?
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Inside the episode
TIMESTAMPS
0:00 The World's Greatest Asset
03:36 TL;DR
04:02 Pillar #1 ETH in DeFi
07:43 Pillar #2 PoS (Proof-of-Stake)
10:36 Pillar #3 Monetary Policy (EIP 1559)
12:33 Conclusion
13:19 The Triple Point Asset thesis
13:54 New Money for the Digital Age
14:13 Bankless
14:37 Closing
David Hoffman
Co-owner at Bankless. Optimistic storyteller of frontier technology.
