With the ATH of ETH, you now have to cough up almost 70k USD to run a validator node to stake on your own…

Ethereum 2.0 will change the security of the network from proof of work (POW, mining) to proof of stake (POS). People can run a validator node to contribute, but you need to stake 32 ETH. If your validator 'behaves', you can earn ETH in the process (somewhere between 5-12% per year). If your node is a bad node, you will get slashed and lose ETH and eventually get expelled from the network.

When this system was introduced, the value of ETH was way below 1k USD. With the current increase in value, you now have to stake almost 70k USD to run a node…

Can we discuss what that means? Average Joe will have trouble coughing up that much. Will whales control the network? Will centralized services get too much power? Will this be bad for decentralization? Please let me know what you think!

Edit: Yes I know that you can stake less than 32 ETH, but then you have to use a service and will not be able to contribute to the security and the decentralization of the network.

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PS: This post was automatically removed by a bot before, the reason 'no more than 5 posts covering the topic ETH in the top 50'. I think this is a very interesting topic, and the ~20 replies in the 15 minutes before the post got removed shows that there is some interest.