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six
@six
Bit of a blackpill that Coinbase has no economic incentive to decentralize their sequencer Or am I incorrect in this premise? Max Resnick tweets are blackpilling me. In general why would Coinbase ever make any decision re Base that is not in the interest of shareholders?
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shazow
@shazow.eth
There's lots of other reasons (eg. agreements with Optimism for being part of the OP Stack ecosystem) but an underrated force is regulatory liability. Centralized/custodial providers are treated much more aggressively and win cases against them. If regulators start winning cases against decentralized providers, maybe the story will be different.
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six
@six
Yeah I think I underrated the whole regulatory part of it, that seems to be a recurring answer
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