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 

------

BANKLESS SPONSOR TOOLS:

🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE

https://k.xyz/bankless-pod-q2    ⁠ 

🛞MANTLE | MODULAR LAYER 2 NETWORK

https://bankless.cc/Mantle 

🏠 CASA | SECURE YOUR GENERATIONAL WEALTH

https://bankless.cc/Casa 

🔗CELO | CEL2 COMING SOON

https://bankless.cc/Celo   

🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION

https://bankless.cc/toku   

------

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

------

Not financial or tax advice. See our investment disclosures here:

https://www.bankless.com/disclosures⁠