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by thrdbndndn 1373 days ago
I have a vague idea of ETH merge, but not sure what this ultrasound money site is about. From Q&A:

> Ultra sound money is an Ethereum meme focusing on the likely decrease of the ETH supply.

> If capped-supply gold is sound, decreasing-supply ether is ultra sound.

I have no idea what this last sentence means.

4 comments

It's a meme. It literally says that in your quote...

Capped supply assets are good because that combats inflation, so decreasing supply must be even better (=ultra), right? That's the meme.

Maybe there is more to it but isn’t that just a wordplay wherein sound means both what music creates and a word signifying something making sense? Or so you mean something related to the supply?
Yes, there is more to it. "Soundness" is a specific term in computer science regarding a program being unable to end up in a invalid state. Usually used in type systems to describe a type system that makes your program unable to be "wrong".

The idea of "soundness" is based on this seminal paper: https://courses.engr.illinois.edu/cs421/sp2013/project/milne...

"Sound" as in "stable" might be a bit that helps.
Bitcoiners often call BTC 'Sound Money' - ultrasound money is a play on that to highlight that Ethereum simply has better economics after the merge