Ethereum 2.0 Exposed
Join the Trader University email list: https://www.trader.university/email-list In this video, I discuss the centralizing forces at work in Ethereum's move to Ethereum 2.0 and a proof of stake consensus system. Under the new system, regulated crypto exchanges like Coinbase and ETH ETF's will exert undue pressure on Ethereum, and will be at the mercy of government regulators. This will lead to Ethereum becoming a captured currency, and betraying its promise of creating a new decentralized financial system. Only Bitcoin and proof of work offer a fair system, without a premine or a way of being co-opted by the existing financial system. Not investment advice! Consult a financial advisor. Ethereum's dirty history: https://www.youtube.com/watch?v=GuvPcUkea58&ab_channel=TraderUniversity Ethereum's dirty history (part 2): https://www.youtube.com/watch?v=U_t-5czHYQY&ab_channel=TraderUniversity Coinbase now offers Ethereum 2.0 staking rewards: https://decrypt.co/66839/ethereum-2-staking-rewards-coinbase https://www.coinbase.com/staking SEC's Gensler going after staking and lending products: https://www.bloomberg.com/news/articles/2021-09-08/coinbase-threat-shows-there-s-a-new-sheriff-in-town-on-crypto Bitcoin Core software: https://bitcoin.org/en/bitcoin-core/ Map of Bitcoin full nodes: https://bitnodes.io/ Hosting your own Ethereum full node is very difficult: https://cointelegraph.com/explained/dangers-of-hosting-your-own-eth2-node-explained Which leads to centralized corporations doing the hosting: https://www.allnodes.com/ Ethereum still highly dependent on Infura: https://infura.io/ https://www.theblockcrypto.com/post/84232/ethereum-infrastructure-provider-infura-is-down Check out my online trading courses: https://www.trader.university/join Use this secret coupon code to get a discount: YT99 Check out my Amazon best-seller, "A Beginner's Guide to the Stock Market": https://www.amazon.com/Beginners-Guide-Stock-Market-Everything-ebook/dp/B07S31TBF5 I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals. #Ethereum #Bitcoin #proofofstake Disclaimer Neither Trader University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.