Bookmark this one👇👇
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
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.
