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.
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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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