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PoS discussion is the same as when Bitcoin mining pools had >50% of hashing rate.
You are really mixed up Wilhelm... grasping at straws to find ways that your piece of shitcoin might be equivalent to bitcoin, when it is not.. it is a bunch of smoke and mirrors scam in itself, but also facilitates the building and maintenance of further scams.
Take your dumbass lame hypothetical above. POS would be the same as bitcoin if bitcoin were to have a sustainable greater than 50% controller of the mining.. Maybe it is true, but bitcoin did not have that, and likely never will. Good luck with your supposed sustainable greater than 50% control of the BTC hashrate and your ability to keep bitcoin going under such a supposed pie in the sky hypothetical situation.
With the banning of mining and the increasing need of cheap power for mining one could say that Bitcoin is getting more centralized too...
You are dreaming. Bitcoin mining is located all over the world, and they will adjust to variation in the energy price, and the difficulty will adjust. Bitcoin works the same even if there might be fewer miners, and at the same time the profits go up, if others cannot mine but the remaining miners are able to mine.. remember summer 2021? way back then? China banned bitcoin mining and what happened? it relocated and became more profitable for the remainders. Do you think that it is going to be possible to ban all mining all around the world? and with fewer miners they will end up cooperating? You are in a fantasy, no?
Eth needs validators which are currently centralized but should decentralize over time. The switch hasn't been made yet.
Yes ethereum has never really ever been a finished product that actually works but a hypothesis about what it will become someday in dreamlandia.
But let me state I have more faith in Bitcoin but Ethereum is a profitable investment at the moment.
I'd like to hear your proof for the 100x overvaluation...
Fuck ethereum.. who cares. Take your shitcoin pumpening talk to some other thread.
Bitcoin has an actual use case, and ethereum does not...that makes bitcoin way more valuable than ethereum, even though in the short term the ethereum dweebs can spin their confusing centralized bullshit to make it appear as if it was actually decentralized and actually like bitcoin (when it is not) and actually has value when it does not... so yeah, you are lucky if ethereum is actually even 1/100th the value of bitcoin.
Did I say: Fuck ethereum.. who cares. Take your shitcoin pumpening talk to some other thread.