gilbycoyote on Nostr: While a BTC ETF can arguably make bitcoin stronger (higher market cap -> more ...
While a BTC ETF can arguably make bitcoin stronger (higher market cap -> more profitable miners -> higher hashrate), so has the ETH equivalent the potential to make ETH the most centralized crypto if the issuers (or custodian) stake the undelying ETH. And why wouldn’t they!
Published at
2024-01-11 06:15:52Event JSON
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"content": "While a BTC ETF can arguably make bitcoin stronger (higher market cap -\u003e more profitable miners -\u003e higher hashrate), so has the ETH equivalent the potential to make ETH the most centralized crypto if the issuers (or custodian) stake the undelying ETH. And why wouldn’t they!",
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