UniSwap class-action lawsuit another black eye for the Ethereum network's decentralized claims

This follows on the heels of Metamask blocking transactions, Infura blacking out large geographical areas, NFT platforms seizing property, several dapps integrating blockchain forensic products, and too many others to list. The most frightening part is that anytime these are brought up, they're rapidly dismissed with an ever worsening set of talking points by ethereans.

https://blockworks.co/crypto-exchange-uniswap-hit-with-class-action-lawsuit-alleging-wrongdoing/

#DINO seems like it should be trending again soon (Decentralized In Name Only). This class-action has enormous implications for altcoins, not just because of the liability it exposes faux decentralized projects to, but because of the securities angle. The only thing worse than an unfavorable judgement would be UniSwap settling out of court. That would be a blow even the most ardent believers in the protocol couldn't handle.

ETH is emerging as little more than a gas token which acts as an all-access pass once a user reaches the web3 mansion gates. Inside what awaits them is an orgy of swaps, wraps, burns, mints, and stakes, run by centralized dapps that do nothing but optimize token interactions to keep the orgy going. And the only things that has established themselves as money in the protocol are stablecoins. That's why 85% of the Ethereum Network's volume is STABLECOINS. That's an example of Gresham's Law at work:

https://en.wikipedia.org/wiki/Gresham%27s_law

Stablecoins track the price of fiat, meaning they'll blow up along with it. That's what LUNA's UST finally realized as well. Point is, with the Ripple lawsuit approaching completion this year and giving the SEC legal precedent, along with the disastrous revelations of the last 60 days of how easily governments coerced dapps to comply, along with what's certain to be an avalanche of lawsuits, it's time to consider the s-curve adoption shakeout for the crypto space is rapidly approaching. Lastly, there are rumors that the most recent Merge delay has a few law firms collecting names to sue ETH developers on behalf of clients who locked up ETH in the Beacon Chain. It's time to dump ETH.

https://www.reddit.com/r/MadMaxi/comments/u5skm7/stanford_universitys_paper_on_proofofstake_makes/?utm_source=share&utm_medium=web2x&context=3