Proof-of-Work Proponents Question Validator Censorship as 59% of Staked Ethereum Is Held by 4 Companies

Prior to The Merge, Ethereum used to have dozens upon dozens of mining pools dedicating hashrate toward the blockchain network. That has all changed and most of the miners transitioned or plan on transitioning to other Ethash compatible coins like ethereum classic, ERGO, and the new fork ETHW. Now Ethereum blocks are verified by validators and at the time of writing, there are 429,278 validators. However, a great deal of the 13.7 million staked ethereum is held by four known providers. 4 Known Providers Hold 59% of the Staked Ethereum…

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What do Bitcoiners, politicians and financial experts think?

[ad_1] Rising prices are grabbing headlines all over the world. Across the pond in the United States, inflation recently broke a 40-year record. The situation is severe in Europe, with prices rising over 5% across the Eurozone and 4.9% in the United Kingdom.  While prices rise, Bitcoin (BTC) is flatlining at around $39,000. It poses many questions: Is Bitcoin an effective hedge against rising prices, what role can Bitcoin play in a high inflation environment and did Bitcoiners know that inflation was coming? Experts from the world of Bitcoin, finance and even…

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Remnant Bitcoiners Vs. Parasites And Masses

[ad_1] A Psychological Analysis Of The Core Archetypes In September 2021, I wrote a piece called “Bitcoiners Are The Remnant, The Masses Don’t Matter.” It was inspired by the incredible 1930s essay by Albert J Nock, “Isaiah’s Job.” In it, I covered the differentiation between two broad archetypes, (the Remnant and the masses) and made the case for why Bitcoiners are the former, while the general, the lemming-like population is the latter. I used it to present some ideas on selective adoption versus “mass adoption,” how zero-to-one moments happen, and…

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How Toxic Bitcoiners Are Protecting Ideals

[ad_1] “12 Rules For Life” Series, Essay Three The series continues. You can find part one here and part two here. Foreword The third chapter in Jordan Peterson’s “12 Rules For Life” is entitled, “Make Friends With People Who Want The Best For You.” This instantly reminded me of the Bitcoin community and the fundamental values that true Bitcoiners have in common, despite many in the broader tech, finance, crypto and blockchain space labelling us as “toxic.” Bitcoiners are the only crowd I have found whose primary interest is not…

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Bitcoiners Know Something You Don’t

[ad_1] The longest chapter in Machiavelli’s masterpiece, Discourses On Livy, is titled “On Conspiracies.” He praises conspiracy as the finest mode of overthrowing any regime, because, “… to be able to make open war … is granted to few; to be able to conspire against them is granted to everyone.” In typical Machiavellian fashion, the chapter praises fraud, deception, and lying to further one’s private advantage as the proper mode of action – that is, if they seek to effect regime change. Contrast this with the doctrines of anarcho-capitalism, which…

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