ETH is intimately connected with the WEF and JP Morgan and nobody here seems to care

ETH is intimately connected with the WEF and JP Morgan and nobody here seems to care
itsnotthatdeepbrah
0
0

I’m expecting a lot of pushback and downvotes for this but I cannot take a project that’s partially owned by JP Morgan and prompted by the WEF as a serious tool, especially considering that said tool is masquerading as the bastion for decentralization even after transitioning to PoS.

Cryptocurrency, according to WEF, swiftly penalizes the rebellious and leaves few hiding places for negative actors. The blog reaffirmed the necessity of lowering the risks associated with cryptocurrencies by giving control of blockchain technology to “responsible parties” and promoting responsible usage of it.

https://www.weforum.org/agenda/2023/01/future-of-cryptocurrencies-davos2023/

In addition, JP Morgan acquiring a stake in the network infrastructure due to a shady deal with Joe Lubin that is currently being challenged with a Consensys shareholder lawsuit also brings up a huge question mark about the project’s integrity.

https://protos.com/consensys-lawsuit-jpmorgan-owns-critical-ethereum-infrastructure/

In parallel with the Ethereum Merge, this acknowledgment should serve as an incentive for PoW-based applications and miners to utilize clean, renewable energy sources. Doing so would attract lucrative financing from ESG-conscious business leaders keen to make green investments.

https://www.weforum.org/agenda/2022/09/ethereum-merge-crypto-currency-sustainability/

The WEF is using ETH and Vitalik as the poster child for ESG investing for the rest of the cryptocurrency industry (brought to you by Larry Fink and Blackrock).

Not a favourable look whatsoever and if you factor in all of Vitalik’s weird takes on twitter defending the WEF I can’t help but question why people would even want to use ETH in the first place if you truly cared about decentralisation, resisting capture and not caving into political and corporate interference.