RE: Will Ethereum's Journey To Merge Lead To A Split?

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On recent pump I sold all of my ETH that I still had left (around 2k price). I really don't like a few things that recent events revealed. First of all if there was a chain split and miners would decide to continue mining on the old chain. Basically Circle (USDC) and Tether (USDT) decide which chain succeeds (because of their impact on the whole DEFI). It is very likely that they would go with PoS. But still... That is not what decentralization looks like. And if we do get successful merge, then we have another problem - >50% of validators are exchanges and other institutions located in USA... And they will not push back vs OFAC (as Tornado situation showed). Again... This is not what decentralization looks like. If ETH was a stock I would evaluate it differently, but now... Strong sell for me.



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