Too much hype I'd say. With merge or none, still reliant to the movement of bitcoin.
POS makes ETH protocol the money printer for institutions that will come in crypto bringing down ERC tokens. and we are like back to the old fiat system governed by the oligarchs.
True.
It's another centralized matter where they'd win over decentralization which is the main purpose of cryptocurrencies. Well, at least we still got bitcoin and it won't be ending up as what happened to ETH.