Weekly Action Recap
Your action recap for the week of February 1st, 2021
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Dear Bankless Nation,
Grayscale released a report this week on Valuing Ethereum.
They said ETH is valuable for three reasons:
ETH is money
ETH is a consumable asset
ETH is an interest bearing asset.
They valued ETH as a triple point asset.
The mental model for ETH is becoming clear for people, and for institutions. We’ve preached this countless times but: the most bullish thing for ETH to is to be understood.
And people are starting to understand.
No wonder ETH price is on a moon mission. 🚀
Here’s what’s on the docket for next week:
Podcast with Vitalik on Monday (early access for members here)
We’ll teach you how you can long or short any asset
We explore the future of work
Let’s get to the recap.
Recap for the week of February 1st, 2021
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Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.
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