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