• Will Ethereum, Bitcoin, or Something Else be Money In The Onchain Economy w/ Kyle Reidhead

  • Sep 13 2024
  • Length: 30 mins
  • Podcast

Will Ethereum, Bitcoin, or Something Else be Money In The Onchain Economy w/ Kyle Reidhead

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  • Summary

  • The success of L1 tokens like ETH and SOL is based on them being used as money within their ecosystem. Can the latest wrapped Bitcoin, cbBTC, from Coinbase be used as money on Ethereum? And what will ultimately prevail as the dominant form of money within the Ethereum ecosystem in the long term? These are the questions we will answer in today's episode of The Milk Road Show with Kyle Reidhead, head of research at Milk Road, who sheds light on what will be used as money in the onchain economy.


    You'll learn:

    • What is money in the Ethereum ecosystem?
    • Is the ETH going to have any competitors to be money within its ecosystem?
    • Will ETH continue to be used as money over time?

    And more...


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    ⏱ TIME POINTS ⏱

    00:00 - Intro

    01:30 - Sponsor shoutouts

    03:15 - Can ETH face competition as money within its ecosystem?

    05:25 - Defining money in the Ethereum ecosystem

    07:50 - Will ETH remain a viable form of money over time?

    10:15 - The implications of ETH losing its status as money

    12:50 - Envisioning the onchain world 10 years from now

    16:50 - Potential competitors to ETH as onchain money

    22:28 - Bull and bear cases for L1 tokens as money in their ecosystems
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