BREAKDOWN: #SupplyGate and the Battle to Frame Crypto’s Next Bull Run

Why the ether supply dust-up was about much more than the supply of ether.

This episode is sponsored by Crypto.com, Bitstamp and Nexo.io.

Today on the Brief:

• WSJ study finds TikTok was tracking data in a way that broke Android rules
• The latest Core Inflation statistics
• MicroStrategy stocks pops 10% after cash to bitcoin announcement

Our main discussion: What’s the Ethereum #SupplyGate really about

NLW breaks down:

• The historical narratives bitcoiners and ether advocates hold relative to one another
• The history of dominant narratives in crypto over the last three years
• Why the next bull market is poised for a twin narrative combining bitcoin as a hedge against fiat debasement and DeFi as a money-making sandbox
• What happened with #SupplyGate
• Why #SupplyGate is as much about narrative competition as it is about the supply of ether