ROUNDTABLE: The REV Debate - Real Metric or Fake News? Jon, Bread, & Andy8052

Bankless

[email protected]

Tech News, News, Technology

4.8 • 1.1K Ratings

🗓️ 21 May 2025

⏱️ 60 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In this episode of the Bankless Podcast, hosts discuss Real Economic Value (REV). Triggered by Jon's exploration of how ETH and SOL prices correlate with REV, the team delves into REV's role as a value capture metric and demand signal for blockchain networks. We evaluate the implications for network valuations, debate the sustainability of relying on REV, and analyze competitive dynamics between Ethereum and Solana. The conversation concludes with musings on crypto investment risks and the evolving identity of digital currencies in relation to app utility. Jon Charbonneau: https://x.com/jon_charb Bread: https://x.com/0xBreadguy Andy8052: https://x.com/andy8052 —- 📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24 https://bankless.cc/spotify-premium --- BANKLESS SPONSOR TOOLS: 🪙FRAX | SELF SUFFICIENT DeFi https://bankless.cc/Frax 🦄UNISWAP | SWAP ON UNICHAIN https://bankless.cc/unichain 🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle 🌐SELF | PROVE YOUR SELF https://bankless.cc/Self 🟠HEMI | BTC & ETH, ONE NETWORK https://bankless.cc/hemi --- TIMESTAMPS 0:00 REV https://x.com/jon_charb/status/1923739890115543264 https://x.com/TrustlessState/status/1924835154700234866 17:56 Stablecoins vs Native Currencies 28:38 Tribalism https://x.com/post_polar_/status/1924458711940055246 https://x.com/RyanSAdams/status/1924202146117153172 39:30 The Trenches https://dune.com/beincrypto/solana-launchpads 49:14 Pump . Fun --- Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures

Transcript

Click on a timestamp to play from that location

0:00.0	Welcome, Bankless Nation back to the Roundtable. Back here with me today is the man with
0:07.4	Gluteness Glute's Zero X Bread Guy. Good to see you. Yo-yo. And Crypto's chief, lowercase,
0:13.6	are Rev researcher, John Sharbon. How's it going? Revsearcher, maybe. Rev searcher, yeah.
0:20.9	And then last but not least, the world's most zen D-GIN.
0:24.3	Andy 805-2, welcome back.
0:26.5	Hello?
0:28.1	Okay, so crypto-twitter is talking about REV, and I don't exactly know why we picked this week
0:34.7	to talk about REV, but I think it has to do with John Sharpenow over here,
0:39.6	who put out a tweet and then all of a sudden the meta for this week started talking about
0:43.6	RIV, which means that we just had nothing better to talk about, I would assume.
0:46.8	John, why are we talking about REV?
0:50.2	Yes, sure.
0:51.7	And yeah, I definitely do think it's a sign that we don't have anything better to talk about because none of this is honest with you.
0:56.2	You don't think so? I think it's good. It's good stuff, but none of it's that new. The only new thing was, so I put out this tweet on Saturday morning and that was kind of what kickstarted everything. I'm showing it on my screen for the viewers.
1:08.9	Yeah. I had basically just done the back of
1:12.4	the envelope math of I was curious what it looked like. Just looking back at the amount of fees
1:19.0	and MEV generated by these platforms. So REV, the way that we're using it here is real economic
1:25.5	value. It's just all the network fees and
1:27.7	MEV tips that users are paying for a given network. And I kind of realized I was curious.
1:34.7	Most people are saying that most of these networks have traded on completely irrational valuations.
1:39.3	I was curious what the biggest ones have traded on historically. And if you look back,
1:47.0	ETH, when it traded at its all-time high price, which was in late 2021, and Seoul when it traded at its all-time high price in January this year,
	...

Transcript will be available on the free plan in 10 days. Upgrade to see the full transcript now.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from [email protected], and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of [email protected] and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.