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Ethereum Foundation’s Justin Drake:

“A possible scenario is that we lose decentralization w/ restaking but it doesn't actually matter…”

“Maybe decentralization is only a bootstrapping mechanism to gain credible neutrality…”

“We only need decentralization for the memes.”

https://video.twimg.com/amplify_video/1676620548288176133/vid/1236x720/6AK4jP7YWmMAm-6j.mp4?tag=14

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Discussion

So ethereum is banking system 2.0.

I'm not even sure there is an advantage to banking. It might be a step backwards.

Ethereum will be everthing bad about the current system cranked to 11.

Intermediaries and censorship taken to new smart contract heights.

But yea, if people can find a way to live without such systems that would be good.

ages back, banking was a step ahead, now it would be step back if we want to step in again.

bitcoin gives monetary freedom.