How A BlackRock ETF Could Destroy Ethereum

Learn to buy non-KYC Bitcoin: https://www.bitcoinuniversity.com/courses/76599-the-ultimate-guide-to-bitcoin In this video, I discuss the risks of issuing an ETF for a proof of stake coin like Ethereum. The biggest risk is that regulated entities that hold and stake the ETH (BlackRock, Coinbase, etc) could be pressured by the government that regulates them to censor transactions at the base layer. If you ruin the censorship-resistance of ETH, there's no good reason for people to use it: -- It's not a good store of value -- Transactions are slower and more expensive than using US fiat banking rails -- It's no better than PayPal or Venmo when it comes to government or corporate censorship and freezing of funds Under proof of stake, owning more coins gives you more control over the network, including the ability to censor wide swathes of transactions. The end game for ALL "successful" proof of stake blockchains is centralization of validators among regulated entities like exchanges, c