Episode: #15 June 3, 2020 The bankless boys think ETH is undervalued and they explain why. Also, a talk on governance why putting it on-chain is a money killer. Join Ryan and David in this special bonus episode. ----- GO BANKLESS WITH THESE SPONSOR TOOLS: 💸 RAMP - FIAT ONRAMP FOR DEFI (ONRAMP $100k FREE WHEN YOU MENTION BANKLESS) ramp.network/ 💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS monolith.xyz/ 🌈AAVE - LEND & BORROW YOUR CRYPTO W/O A BANK aave.com/ 📈MULTIS - BANK YOUR BUSINESS W/O A BANK! (1 MO TRIAL - JUMP QUEUE WITH "BANKLESS") multis.co/ ----- What we covered in this episode: - ETH fundamentals are fire - Metrics  - Gas usage at all time higher - Daily active users up - Stablecoins on Ethereum up - BTC tokenized on Ethereum up - Network fundamentals up! - So why isn't price up? - Maybe ETH is Undervalued! - New Crypto.com wallet is protocol sink thesis! - Maker on Coinbase is a big deal - On-chain gov hurts store-of-value  - Decreases credible neutrality - Handing the keys to plutocrats Join us next Monday for a fresh episode! ----- SUBSCRIBE TO BANKLESS PROGRAM: bankless.substack.com/ ----- Resources discussed: (Article) ETH is doubly undervalued bankless.substack.com/p/eth-is-doubly-undervalued-market (Tweet) Why ETH is headed to bull market twitter.com/spencernoon/status/1265419615741644800?s=20 ----- Episode Actions: What do you think - is ETH undervalued? Give Bankless at 5-star review on iTunes! podcasts.apple.com/us/podcast/bankless/id1499409058 ----- Don't stop at the podcast! Subscribe to the Bankless newsletter program bankless.substack.com/ Visit the official Bankless website for resources banklesshq.com/ Follow Bankless on Twitter twitter.com/BanklessHQ Follow Ryan on Twitter twitter.com/ryansadams Follow David on Twitter twitter.com/TrustlessState ---- NOTE: Bankless may receive commission if you make a purchase through one of the links above. Thanks for your support!