Justin Drake joins the third episode of Layer Zero to discuss coining ‘Ultra Sound Money,’ which sent supersonic waves through the Ethereum community. Unsurprisingly, Justin is a deeply compelling individual with a powerful drive to work hard and pursue individuality.

From Quantum Computing to engineering Layer Zero, Justin’s holistic approach to the space really comes through as we discuss what it means to work for a meme.

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Topics Covered

0:00 Intro

4:30 Justin Drake

9:05 Coining Ultra Sound Money

12:37 From Layer 1 to Layer 0

15:10 Working for a Meme

24:14 The Purpose of the Meme

27:27 The Gini Coefficient

31:17 Proof of Stake and Distribution

35:22 A New Age Cypherpunk

43:30 Scalability

49:30 ETH and the Dollar

57:13 Quantum Computing

1:00:30 Burning MEV

1:04:19 The Efficiency DAO

1:08:11 Bitcoin FUD Dice

1:15:38 Layer 0 Engineer

1:18:20 Layers 3 and 4

1:20:00 A Workaholic and a Father

1:24:14 Citizen of the World

1:28:18 An Emergent Individual

1:34:15 Closing & Disclaimers

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📣 SoRare | Collect and Play!

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Resources:

Ultra Sound Money Website

https://ultrasound.money/ 

Modeling Ultra Sound Money

https://shows.banklesshq.com/p/-sotn-44-modeling-ultra-sound-money 

The Bull Case for Cryptography

https://shows.banklesshq.com/p/-moon-math-the-bull-case-for-cryptography 

Ultra Sound Money

https://shows.banklesshq.com/p/-ultra-sound-money-justin-drake 

Justin on Twitter

https://twitter.com/drakefjustin?s=20 

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Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:

https://newsletter.banklesshq.com/p/bankless-disclosures