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ETH going POS was a terrible decision

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Not trolling, just my 2 cents. Not trying to offend & I know most will say I'm wrong & know nothing about ETH.

Changing from pow to pos when your asset is already limitless supply is very bad for long term price. ETH is potentially already a security under US law,& most the world,& Vitalik was already potentially facing prison for running a unregulated security,(look at CZ)& he then demonstrates how centralized ETH is by pushing these updates. ETH is super expensive,holders are given free ETH for zero cost just for staking it,& theres multiple cryptos that now offer everything ETH does much more efficiently,cheaper etc.

ETH destroyed itself by going pos,& the price reflects that. Now ETH is just another asset that can be rugged by SEC,& theres prometheon now getting approval for a ETH security

https://finance.yahoo.com/news/sec-may-forced-declare-ethereum-133000968.html

I fail to see what ETH offers anyone that justifies its value

submitted by /u/hellprism
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