Why the ether supply dust-up was about much more than the supply of ether.
This episode is sponsored by Crypto.com, Bitstamp and Nexo.io.
Today on the Brief:
- WSJ study finds TikTok was tracking data in a way that broke Android rules
- The latest Core Inflation statistics
- MicroStrategy stocks pops 10% after cash to bitcoin announcement
Our main discussion: What’s the Ethereum #SupplyGate really about
NLW breaks down:
- The historical narratives bitcoiners and ether advocates hold relative to one another
- The history of dominant narratives in crypto over the last three years
- Why the next bull market is poised for a twin narrative combining bitcoin as a hedge against fiat debasement and DeFi as a money-making sandbox
- What happened with #SupplyGate
- Why #SupplyGate is as much about narrative competition as it is about the supply of ether
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