Ethereum network will be under JPM control once PoS is live, change my mind

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Ethereum network will be under JPM control once PoS is live, change my mind

A few days ago JPM said Ethereum is more valuable than bitcoin. If you look at their job postings on LinkedIn you will see they are looking for Solidity programmers.

I think JPM has a big stake of Eth and when Eth moves to PoS they will own most of the network in terms of stake, so they are rising the price to prevent competitors to have also a big stake and control the network.

Now I do not know the details of the PoS algorithm of Eth, but it seems to me if you have a big stake you will be able to control the network.

Given that most dapps have been built in Eth, the cost of switching to a forked version could be too high for the community.

How will the community prevent JPM to take control?

submitted by /u/cryptodgn
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