Episode: #15
June 3, 2020

The bankless boys think ETH is undervalued and they explain why. Also, a talk on governance why putting it on-chain is a money killer. Join Ryan and David in this special bonus episode.

Covered:

• • ETH fundamentals are fire
    • Metrics 
      • Gas usage at all time higher
      • Daily active users up
      • Stablecoins on Ethereum up
      • BTC tokenized on Ethereum up
      • Network fundementals up!
    • So why isn't price up?
    • Maybe ETH is Undervalued!
  • New Crypto.com wallet is protocol sink thesis!
  • Maker on Coinbase is a big deal
  • On-chain gov hurts store-of value 
    • Decreases credible neutrality
    • Handing the keys to plutocrats

Join us next Monday for a fresh episode!

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Resources discussed:

• (Article) ETH is doubly undervalued
• (Tweet) Why ETH is headed to bull market

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Episode Actions:

1. What do you think - is ETH undervalued?
2. Give Bankless at 5-star review on iTunes!

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