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