ETH Is Not Ultrasound Money

Jon Charbonneau is writing a series of pieces on his framework for Ethereum, starting with the basics of how value flows through the Ethereum protocol, what ETH is exactly and why it matters, and why people may be wrong about blockchain "profitability."

In future pieces, he plans to delve deeper into traditional assets, economics, and monetary policy, stablecoins, how ETH's role may evolve with changes in the tech stack, potential changes to Ethereum's economic policy, and whether or not ETH can become "money." Charbonneau has also shared a simple Ethereum model to help provide an intuitive sense of how Ethereum's economic engine operates and how it may change.