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polynya
@polynya
Today, a majority of BTC is traded and custodied on CEXs. With the advent of ETFs, in the long term BTC will effectively be controlled by a few regulated CEXs. Might as well cancel PoW and go PoA - it'll actually be more decentralized than 2 mining pools & a handful of profit-maxi centralized mining corporations.
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J Milles 🎩
@jmilles
I feel like this is the actual long term security play for Bitcoin. Whether they want it or not.
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Benido🎩
@benido
Kill the chain, live on ETH/ CEXs, raffle the block rewards until 2100.
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