Ethereum Successfully Castrates Itself

𝐆𝐄𝐓 𝐓𝐇𝐄 𝐁𝐈𝐓𝐂𝐎𝐈𝐍 𝐂𝐎𝐔𝐑𝐒𝐄➜➜➜
https://www.trader.university/courses/38824-the-ultimate-guide-to-bitcoin
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In this video, I discuss how the Ethereum Merge moves the protocol from a more robust and neutral consensus mechanism (proof of work) to a consensus mechanism (proof of stake) that is much more prone to insider control, as well as government capture through large regulated validators.

Unlike proof of work, having more coins in a proof of stake system gives you more control over the protocol.

When you combine this reality with the fact of Ethereum's large pre-mine (70%), you end up with a crypto that can never be decentralized, neutral money.

Not investment advice! Consult a financial advisor.

Ethereum Merge is complete:
https://www.ethernodes.org/merge

Ethereans trash talking proof of work:
https://twitter.com/evan_van_ness/status/1569690109653487616

Ethereum whitepaper:
https://ethereum.org/en/whitepaper/

Joe Lubin explains how whales can disguise their purchases:
https://mobile.twitter.com/ISO_XRP/status/1451701159337414659
https://www.xrpchat.com/topic/38881-lubin-invites-his-whale-customers-to-behave-fraudulently-to-hide-their-eth-holdings/

ETH staking pool distribution:
https://beaconcha.in/pools

Joe Lubin's ConsenSys owns Infura and Metamask:
https://en.wikipedia.org/wiki/ConsenSys

ConsenSys and Ethereum ties with WEF:
https://www.weforum.org/organizations/consensys
https://www.weforum.org/agenda/authors/aya-miyaguchi

The Problem with Proof of Stake (playlist):
https://www.youtube.com/playlist?list=PL7w04GVKPitEXH4FlFy2kOsCjM9WF-g58

Why Bitcoin Mining Is Good For The Environment:
https://www.youtube.com/watch?v=-j4cXA09Dz0&ab_channel=TraderUniversity

How Bitcoin Mining Helps The Electric Grid:
https://www.youtube.com/watch?v=ruSAOqEfCiE&ab_channel=TraderUniversity

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I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.

My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.

#ethereum
#crypto
#bitcoin

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