Instead of keeping ETH as a POW that keeps its network secured, they've made it into a POS to make every who's already rich through it become richer.
If it's about the discussion about centralization and decentralization, the most decentralized cryptocurrency is none other than Bitcoin.
Keep that in mind and whoever tells shit about Bitcoin for being lesser decentralized and comparing it to a coin that has premined and changed its consensus favoring the rich is talking nonsense.
True, I don't really understand how anyone can call something more decentralized than BTC. It's is an example of decentralization.