Green Planet Prezzo

What if the merge fails? POS centralizes ETH defying the entire point of crypto

<!-- SC_OFF --><div class="md"><p>I havent seen a thought provoking arguement for the merge failing. Everything i read and research seems overly positive. </p> <p>Yet there are some YT’s i follow who seem to be on a similar train of thought as myself. </p> <p>Heres my two points, very curious what u guys think. </p> <ol> <li><p>The merge takes POS asset supply sky high. Thus reducing value for ETH as a whole. POW asset supply drops like a rock. Assets like bitcoin skyrocket on keynesian economics. </p></li> <li><p>The merge actually makes eth more centralized. Having lido control almost 50% of validating seems problematic at best. Seriously government could shut down lido and millions lost their nest egg. </p></li> </ol> <p>The merge seems so hyper focused on reducing energy costs, they are risking everything in the name of climate change. </p> <p>Predictions: 1. Eth futures gamma shows it plummeting around the 16th. So i see eth plummeting as well </p> <ol> <li>I think the merge fails on one level or another. No sure what happens. Honestly POS seems to make energy critics happy, and defy everyone who made ETH a reality. Going against your base doesnt always go well. </li> </ol> <p>Really looking for opinions on what if the merge doesnt go well. Looking to objectively weigh good outcomes vs bad. </p> <p>I really dont have faith in the merge. The more i listen to experienced miners and YT’s the more i believe the merge fails. Laws of superforecasting have held up since i read the book and have only become stronger since the pandemic. With vast majority of people positive, super forecasting would state we have a 9/10 chance the merge does indeed fail.</p> </div><!-- SC_ON -->   submitted by   <a href="https://www.reddit.com/user/taitkenflight"> /u/taitkenflight </a> <br/> <span><a href="https://www.reddit.com/r/ethereum/comments/x93xg2/what_if_the_merge_fails_pos_centralizes_eth/">[link]</a></span>   <span><a href="https://www.reddit.com/r/ethereum/comments/x93xg2/what_if_the_merge_fails_pos_centralizes_eth/">[comments]</a></span>