Nearly at the end of the "ultra sound money" thesis:

Nearly at the end of the "ultra sound money" thesis: https://ultrasound.money/?timeFrame=since_merge

BDFL of Quilibrium, Eng @ Farcaster, ex-Coinbase, always opinionated, never hydrated

/quilibrium

I like pleasure spiked with blockchain and music is my aeroplane. It's my aeroplane. @pizzadao underboss & /politics contributor. Featured in "Number Go Up"

Although we are actually experiencing deflation right at this moment in time, ironically.

such midcurvery 
can't believe i fell for it

Economic experimentalist

https://github.com/csmit863/crypto_craft

I think i see the crypto market more as an intergalactic warlord Venusian slime market as compared to a regular market atm

Yep inflation is less than bitcoin.   Even so I don’t think anyone thinks of eth as money the way that jd hoped.

I mean it’s better than what it was with PoW… we will see how it evolves ig

It was a silly thing from the start. There is a cult of deflationism in crypto and Bankless et al jumped on it.

Numbers don't lie, but context matters. Post-Merge burn rate fascinating, but real test comes during extended bear + low gas. True sound money needs resilience across full market cycles.