With a tonne of love to the Ethereum community and the well-deserved disdain for the Maxis, this is the best-constructed critique of the Merge and why it's likely a fatal idea.
It doesn't use ad hominems; the man makes good arguments.
@_checkmatey_
https://t.co/hrL3FRwsup
@thecrispreport @wiener_dan @CryptoCapo_ @ProdigyNFTs Bud, he missed a 100% move up for Ether. So what if he didn't short? So what!? He was MILES off.
HE ALSO SAID PEOPLE SELLING AT 60K SOLD THE BOTTOM!
@Drewagan@CryptoCapo_ @ProdigyNFTs If I keep saying "the sun's gonna set", if I keep going, I'll eventually be right. Capo keeps calling for a pullback, sooner or later there will be one then he'll say "see I called it"
@wiener_dan @CryptoCapo_ @ProdigyNFTs Capo missed the top, then missed the bottom. Then called for a deeper bottom after missing a 100% rally on Eth.
His strategy now is to keep calling for a correction until he can go "ha! i told you so!".
He can't even keep his own word of NOT TWEETING, till the crash happens.
In other words, you are essentially accepting a forced slash of the smaller and least savvy investors who were probably sold on a dream.
Those who solo stake are more likely early adopters, ETH rich and long-term insiders.
The governance process here is very poorly aligned.
Coinbase, Binance, Lido don't get a choice, they a legally obliged to follow laws.
The coins cannot be unstaked until code is written for 12months, and depositors will be inactivity leaked if they shut off.
This is slashing the least sophisticated to benefit the sophisticated.
@Hardisk@ercwl My guy, keep quiet. You guys are broken clocks who are euphoric that an actual problem has arisen to buy your pet rocks some extra juice before obscelecense.