Bankless 15 Bad ETH Takes with Justin Drake
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Sep 14, 2022 
Join Ethereum researcher Justin Drake as he unpacks 15 common misconceptions about ETH during the historic Merge Week. Drake dismantles myths surrounding the shift to Proof-of-Stake, clarifying the implications for Ethereum’s roadmap and supply dynamics. He tackles debates on 'ultrasound money' and deflation, while exposing fears like 'the rich getting richer' and stakeholder tyranny. This lively conversation promises valuable insights for both newcomers and seasoned crypto enthusiasts alike!
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Ethereum Merge as an Upgrade
- The Ethereum merge upgrades the core consensus engine, like swapping a car's engine.
- This upgrade also significantly improves Ether, the native currency, as a primordial money Lego.
Media's Limited Understanding of the Merge
- Mainstream media focuses on energy reduction and issuance reduction post-merge.
- Deeper concepts like Ultrasound Money and increased security are not yet grasped.
The Merge's Imminent Arrival
- The claim "the merge will never happen" is falsifiable, likely within 36 hours.
- A 1% chance of failure exists, but a smooth merge is overwhelmingly likely.