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13 sats \ 2 replies \ @Kaffi 14 Feb 2023 \ on: Coinbase, Kraken, Binance-->their business models don't work anymore. bitcoin
It’s disgusting how many people on r/cryptocurrency are defending coinbase and blaming the sec for making staking unaffordable when it’s entirely on vitaliks shoulders. 32eth is a ridiculous minimum amount and the whole pos consensus mechanism is a freaking joke
And it's necessary for how the block building and other things work in the flawed system. The Foundation should just bend the knee, submit the securities paperwork, and give OFAC a seat on their board.
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Ill be honest it seems like they already did. Eth is massively censored and it seems like Joe Lubin already bribed the old sec director to label Eth as not a security.
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