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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.
ABOUT
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
HOST
CoinDesk is the world leader in news, prices and information on bitcoin and other digital currencies.
We cover news and analysis on the trends, price movements, technologies, companies and people in the bitcoin and digital currency world.

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