15 Bad ETH Takes with Justin Drake

Kicking off Merge Week with a livestream with Ethereum researcher Justin Drake, it's time to debunk some myths and bad takes about ETH. As we watch Ethereum make its historic transition to Proof-of-Stake, we explore claims against the merge, the Ethereum Roadmap, ETH supply, and many others. ------  ConsenSys | Mint a Merge NFT!  https://bankless.cc/themerge   Converge 2022 | Register with code Bankless250 for $250 off https://bankless.cc/Circle  ------  SUBSCRIBE TO NEWSLETTER:          https://newsletter.banklesshq.com/    ️ SUBSCRIBE TO PODCAST:                 http://podcast.banklesshq.com/    ------ BANKLESS SPONSOR TOOLS:   ROCKET POOL | ETH STAKING https://bankless.cc/RocketPool  ️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum   ACROSS | BRIDGE TO LAYER 2 https://bankless.cc/Across   BRAVE | THE BROWSER NATIVE WALLET https://bankless.cc/Brave   MAKER DAO | DECENTRALIZED LENDING https://bankless.cc/MakerDAO   LEDGER | SECURE STAKING https://bankless.cc/Ledger   ------ Timestamps: 0:00 Intro 7:30 The Merge 10:30 Media Hype 13:30 The Merge Will Never Happen 15:30 Ethereum Roadmap 20:15 Jack of All Trades 26:32 Ether Supply 36:54 Unpredictable Supply 45:10 Staker Tyranny 51:10 The Value of a Fork 54:00 Rich Get Richer 58:36 Deflation is Bad 1:07:05 Higher Fees 1:11:05 ETH is a Security 1:15:03 Reduced Burn 1:22:12 ETH is a Tech Stock 1:25:55 Changing Narratives 1:29:56 Ultrasound Money is Cringe ------ Resources: Justin Drake https://twitter.com/drakefjustin  Justin Drake Episodes https://youtu.be/1m12zgJ42dI  https://youtu.be/dHpAC0m8Rkk   https://youtu.be/FQTZSb3Rc9I  https://youtu.be/bWqhn1hXvVc  ----- 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