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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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us gov will probably force them to decentralize once base becomes big
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Why? Could see an argument that they don’t want a corporation collecting rent on all cryptoeconomic activity But also could see that they might want the ability to censor txns
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