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Ethereum Successfully Castrates Itself
𝐆𝐄𝐓 𝐓𝐇𝐄 𝐁𝐈𝐓𝐂𝐎𝐈𝐍 𝐂𝐎𝐔𝐑𝐒𝐄➜➜➜
https://www.trader.university/courses/38824-the-ultimate-guide-to-bitcoin
Use the discount code YT99 to get the best price.
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
Check out my online trading courses:
https://www.trader.university/join
Use this secret coupon code to get a discount: YT99
Check out my Amazon best-seller, "A Beginner's Guide to the Stock Market":
https://www.amazon.com/Beginners-Guide-Stock-Market-Everything-ebook/dp/B07S31TBF5
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
Disclaimer
Neither Trader University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.
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