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Ethereum Captured (So Sad)
𝐋𝐞𝐚𝐫𝐧 𝐓𝐨 𝐁𝐮𝐲 𝐀𝐧𝐨𝐧𝐲𝐦𝐨𝐮𝐬 𝐁𝐢𝐭𝐜𝐨𝐢𝐧 𝐚𝐧𝐝 𝐂𝐨𝐢𝐧𝐉𝐨𝐢𝐧:
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 Ethereum has become a US government-captured coin since the Merge.
As predicted, moving from proof of work to proof of stake has led to just a few validators controlling the protocol. And a majority of those validators are enforcing government compliance on blocks that they validate.
Ethereum culture has been broken from the very beginning:
-- "Buy our pre-mined token"
-- "Let's move to proof of stake to consolidate control"
-- "Don't bother running your own node. Let Infura do it for you and trust them instead."
And now Ethereum will never be able to return from the Merge.
The biggest question now is whether Vitalik will slash validators who censor (as he promised to do in August), which will disproportionately hurt retail investors who have staked their ETH at large validators like Coinbase, Kraken, and Lido.
Not investment advice! Consult a financial advisor.
My prediction about Ethereum becoming captured:
https://www.youtube.com/watch?v=MvALCGH1hUY&ab_channel=TraderUniversity
Prediction comes true:
https://decrypt.co/109901/big-firms-dominate-post-merge-ethereum-validation
In the last 24hrs 51% of ETH blocks were censored and OFAC compliant:
https://www.reddit.com/r/ethereum/comments/y44zwe/in_the_last_24hrs_51_of_eth_blocks_were_censored/
Post-Merge Daily OFAC Compliant Blocks charts:
https://www.mevwatch.info/
Even Ethereans are figuring this out:
https://twitter.com/koeppelmann/status/1580893089077809153
Vitalik thinks it's weird for everyone to run their own node:
https://twitter.com/vitalikbuterin/status/873177382164848641
Will Vitalik make good on his promise and slash validators who censor?
https://timestabloid.com/vitalik-buterin-is-ready-to-burn-his-stake-via-social-consensus-if-coinbase-and-others-tolerate-censorship/
Ethereum Successfully Castrates Itself:
https://www.youtube.com/watch?v=sxniEyYATAI&ab_channel=TraderUniversity
Bitcoin maxi chad vs. virgin newb coiner meme:
https://pbs.twimg.com/media/Ec8GpOXXYAAz2rW.jpg
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
#merge
#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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