POV Crypto Episode 21: The Case for Ether as Money

David brings on Ryan Sean Adams, of Mythos Capital, to present the case for Ether as Money

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Bitcoiners like Tuur Demeester are attacking Ethereum as a platform, and the Ethereum community is having none of it.

David and Ryan discuss the merits of these attacks, and the general idea of Ether as money, bringing up often cited criticisms of Ethereum, as well as the proof that refutes all arguments.

Topics of Conversation in the Episode

· The concept of Ether as Money is crucial conversation to have; Ether having a monetary premium directly relates to the security of the Ethereum network.

· The various monetary roles that Ether is currently playing

· Ether as the commodity collateral for MakerDAO

· Ether’s relationship between inflation through staking, and the deflating supply on the secondary market.

· Bitcoin’s absence of monetary policy, vs. Ethereum’s dynamic monetary policy

· Bitcoin’s risks of operating non-upgradable software

· Current centralized aspects of Ethereum

· Changing narratives of both platforms