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?

Decentralizing the sequencer isn’t even the important first step. First permissionless fault proofs, permissionless output proposals and a security council to handle upgrades will bring Base to stage 1 rollup status. Those are far more important than decentralizing the sequencer, imbo (in my based/biased opinion)

Yeah it’ll be interesting to see how it shakes out, but that sweet sequencer revenue for decentralized, fast and cheap block space seems like a win win. Sprinkle some interoperability on top and that’s a sexy super chain :)))

Yeah that makes sense, more just thinking about what this ends up looking long term and the broader question around coinbase incentives