Only for now, because the minimum is 32 ETH to solo stake. Even then, people can run Rocket Pool minipools with 8 ETH and eventually, it’ll go down even more. And if you still don’t have enough, you can just buy rETH so you get block rewards and MEV.
You can’t even mine with Bitcoin PoW and break even, unless you buy ASICs, and even then, the % ROI is way less than what you’d get with Ethereum PoS (~3.3% for everyone, regardless of how much they stake) In that sense, Ethereum is way more equitable than Bitcoin.
There are also layer 2s which make transactions less than 10 cents, and will be even less with the client updates around September this year.
See, the big problem is that people who buy into it can't be trusted to talk about it. There are vested interests everywhere afoot. I look this stuff up and there's just more about it from the perspective of the people who stand to gain by fooling me into it. This might all be factual. I simply don't care to take the time to fact check this large pile of jargon. Find me a resource that talks about this, that is also demonstrably not bought into the ecosystem and stands not to profit from it.
You also broke the site guidelines badly in this thread. Someone else doing it worse doesn't make it ok for you to break the rules. If you'd please review https://news.ycombinator.com/newsguidelines.html and stick to them in the future—regardless of how anyone else is behaving—we'd appreciate it.
No, I'll make the gamble that people will realize the stupidity of the whole affair before it gets so far entrenched into society. And, you know what? If the rot ever does really spread that far? There's always the coffin for me. I will not live in a cryptocurrency first society, simple as. The loss of privacy and the dedication towards fucking over others is intolerable. I will not be joining your circle jerk parade, I will not be participating in making the world a worse place. Thank you, come again.
You can’t even mine with Bitcoin PoW and break even, unless you buy ASICs, and even then, the % ROI is way less than what you’d get with Ethereum PoS (~3.3% for everyone, regardless of how much they stake) In that sense, Ethereum is way more equitable than Bitcoin.
There are also layer 2s which make transactions less than 10 cents, and will be even less with the client updates around September this year.