ETH Is NOT Ultrasound Money with Jon Charbonneau

<p>In today's episode, Jon unpacks his relatively controversially titled new piece, "ETH Is Not Ultrasound Money: Part 1"</p> <p>Is ETH doomed? Was Ultrasound money a myth? Tune in to hear Jon's arguments. </p> <p>------<br />  MetaMask Learn <br /> <a href= "https://bankless.cc/metamaskshow">https://bankless.cc/metamaskshow</a> </p> <p>------<br />  JOIN BANKLESS PREMIUM: <br /> <a href= "https://newsletter.banklesshq.com/subscribe">https://newsletter.banklesshq.com/subscribe</a> </p> <p>------<br /> BANKLESS SPONSOR TOOLS: </p> <p>KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE<br /> <a href= "https://bankless.cc/kraken">https://bankless.cc/kraken</a> </p> <p>UNISWAP | ON-CHAIN MARKETPLACE<br /> <a href= "https://bankless.cc/uniswap">https://bankless.cc/uniswap</a> </p> <p>️ ARBITRUM | SCALING ETHEREUM<br /> <a href= "https://bankless.cc/Arbitrum">https://bankless.cc/Arbitrum</a> </p> <p> EARNIFI | CLAIM YOUR UNCLAIMED AIRDROPS<br /> <a href= "https://bankless.cc/earnifi">https://bankless.cc/earnifi</a>  </p> <p>------<br /> Timestamps:</p> <p>0:00 Intro<br /> 5:06 Jon's Argument<br /> 11:30 Triple Point Asset Thesis<br /> 17:52 ETH<br /> 18:53 The Disagreement<br /> 22:10 Semantics <br /> 26:40 Profit <br /> 30:00 PoW vs. PoS<br /> 33:15 Does Issuance Matter? & L1s & L2s<br /> 37:57 Blockchain Sustainability <br /> 42:00 Deflation vs. Inflation Value<br /> 47:50 How is Jon's Argument Bullish?<br /> 51:35 Alt L1s Issuance<br /> 59:20 Jon's Model Spreadsheet<br /> 1:17:53 Closing & Disclaimers</p> <p>------<br /> Resources:</p> <p>Jon Charbonneau<br /> <a href= "https://twitter.com/jon_charb">https://twitter.com/jon_charb</a> </p> <p>Jon's Essay<br /> <a href= "https://joncharbonneau.substack.com/p/eth-is-not-ultrasound-money-part"> https://joncharbonneau.substack.com/p/eth-is-not-ultrasound-money-part</a> </p> <p>Jon's Model Spreadsheet<br /> <a href= "https://docs.google.com/spreadsheets/d/1UlxKC98STwN-AoonytC-qOscZ_99fAMpMvB6EfGGe9E/edit#gid=0"> https://docs.google.com/spreadsheets/d/1UlxKC98STwN-AoonytC-qOscZ_99fAMpMv