Wrong about what? It being proof of stake, literally the same consensus mechanism of the actual financial and monetary system?
Or are you talking about gambling?
Discussion
Straight gambling.
I'm interested to see how this whole ETH narrative plays out. Wall Street and all these strategic reserve Treasury companies. Tom Lee's company apparently has over 2 billion worth of Eth and speculating price jump to 30k and net stream income of 100m Usd per year through their staking...