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As advertised a few months back I have created a new website for more of a Free Speech Atmosphere, I will no longer allow FE Theory at WT.Online but will at Truth In The World Dot Com, I will not allow FE here as per the last few months and doubt that I ever will, I Loathe it mainly because of all the infighting it brings and a certain tribe is laughing at us because of it, Meanwhile they are up to the usual tricks while we squabble over something with Zero Relevance, Danke

Ethereum Successfully Castrates Itself

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Published on 16 Sep 2022 / In Money / Banking / Federal Reserve

Ethereum moves to POS (piece of shit)
Trader University
https://www.youtube.com/c/TraderUniversity/
⁣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.
source: ⁣https://www.youtube.com/watch?v=sxniEyYATAI

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