Ethereum merge is a ☢ Nuclear bomb ☢ and the timer is set
Updated
█ Ethereum Merge has the potential to be the biggest disaster Crypto has ever seen
What we know?
⚪ The Ethereum community (Devs) are currently realizing the censorship about to go down on Ethereum via OFAC (Office of Foreign Assets Control) This is why the government has no issue with Ethereum going PoS its actually a setup.
⚪ The majority of Ethereum users are extremely bullish even though their entire ecosystem model is built on top of "DeFi" unregistered securities and fraud, this would cause any major Eth 2.0 staking contributors who want to operate legally to dump all their holdings ,
· 31.2% Are CEX (centralized Exchanges who will follow OFAC to remain able to do business)
· 21.3% Are Whales (Already calculating in what I'm saying they will not alert you to this risk/problem)
· 32.6% are Liquid staking (I'm calling this weak bullish hands who are probably waiting to dump the moment the unlock happens thinking Eth would be at $50,000 now)
For those who don't follow that is 85.1% that fall into the group of Weak hands / Will be sold due to OFAC legal requirements.
· 11,353,354.392 Ethereum to be exact ready to be unlocked in Eth 2.0 that is an 85.1% Attack vector on Ethereum the governments have. (yes this is bad)
⚪ Besides Ethereum's price going up there is no back end funding to DEVs there is no business model here once you go PoS . Ethereum's community is already splitting wanting to stay PoW now and the rest wants to get PoS over with to finally end Bitcoin . . .
⚪ If Ethereum / Vitalik / Devs don't have a hidden trick up their sleeves that I don't see, Ethereum merge is a ☢ Nuclear bomb ☢ and the timer is set for Sept. 19, 2022.
⚪ What happens what do i do?
· Do your research on top of mine here, Ethereum will likely go back to single digits as the community wide spread panic occurs, whales dump, whales will also open the big short.
· Figure out what's going to replace Ethereum?
· Do I want to buy Bitcoin if it gets collateral damage and falls near $10,000 briefly?
⚪ What's the deal with the Facebook / MySpace - ETH / BNB chart?
· Why am I comparing Ethereum to Binance smart chain? I have been in meetings with CZ many years ago and he has always had one vision, his vision was to become the Facebook or Google of the crypto mainstream take over becoming bigger than Facebook and Google combined.
· Binance currently has a proven unbeatable model that dances with the regulators through an IP rights setup that allows Binance to function globally on different jurisdictions. (If Binance BNB got banned in the US it would not effect any other country) so OFAC won't even try
· CZ will mainstream the KYC / AML requirements and work with governments and regulators dealing with fraud / tax evasion in return the governments and especially OFAC , SEC will allow Binance to run their BNB chain, this is why CZ always spoke about a CeFi / Defi mix he knows this day would come.
⚪ I have included some stats from the Cayman Islands that show's a portion of how well Binance's model works
⚪ Oh and why this is all going on don't forget CZ acquiring Money Transmitter License's in Texas and all over the globe, Ethereum can't and has none of this.
Rihanna - Rehab (Official Music Video) ft . Justin Timberlake is property of The Island Def Jam Music Group
I DO NOT OWN THE RIGHTS
Binance Changpeng Zhao (CEO, founder)
Launch date 3 September 2017
Binance revenue
Year Revenue
2020 $5.5 billion
2021 $20 billion
Binance profit
Year Net income
2017 $7.5 million
2018 $850 million
2019 $570 million
2020 $900 million
Binance users
Year Users
2017 1.5 million
2018 13.3 million
2019 16.5 million
2020 21.5 million
2021 28.6 million
Binance annual crypto exchange volume
Year Annual exchange volume
2017 $59 billion
2018 $516 billion
2019 $401 billion
2020 $1.07 trillion
2021 $7.7 trillion
What we know?
⚪ The Ethereum community (Devs) are currently realizing the censorship about to go down on Ethereum via OFAC (Office of Foreign Assets Control) This is why the government has no issue with Ethereum going PoS its actually a setup.
⚪ The majority of Ethereum users are extremely bullish even though their entire ecosystem model is built on top of "DeFi" unregistered securities and fraud, this would cause any major Eth 2.0 staking contributors who want to operate legally to dump all their holdings ,
· 31.2% Are CEX (centralized Exchanges who will follow OFAC to remain able to do business)
· 21.3% Are Whales (Already calculating in what I'm saying they will not alert you to this risk/problem)
· 32.6% are Liquid staking (I'm calling this weak bullish hands who are probably waiting to dump the moment the unlock happens thinking Eth would be at $50,000 now)
For those who don't follow that is 85.1% that fall into the group of Weak hands / Will be sold due to OFAC legal requirements.
· 11,353,354.392 Ethereum to be exact ready to be unlocked in Eth 2.0 that is an 85.1% Attack vector on Ethereum the governments have. (yes this is bad)
⚪ Besides Ethereum's price going up there is no back end funding to DEVs there is no business model here once you go PoS . Ethereum's community is already splitting wanting to stay PoW now and the rest wants to get PoS over with to finally end Bitcoin . . .
⚪ If Ethereum / Vitalik / Devs don't have a hidden trick up their sleeves that I don't see, Ethereum merge is a ☢ Nuclear bomb ☢ and the timer is set for Sept. 19, 2022.
⚪ What happens what do i do?
· Do your research on top of mine here, Ethereum will likely go back to single digits as the community wide spread panic occurs, whales dump, whales will also open the big short.
· Figure out what's going to replace Ethereum?
· Do I want to buy Bitcoin if it gets collateral damage and falls near $10,000 briefly?
⚪ What's the deal with the Facebook / MySpace - ETH / BNB chart?
· Why am I comparing Ethereum to Binance smart chain? I have been in meetings with CZ many years ago and he has always had one vision, his vision was to become the Facebook or Google of the crypto mainstream take over becoming bigger than Facebook and Google combined.
· Binance currently has a proven unbeatable model that dances with the regulators through an IP rights setup that allows Binance to function globally on different jurisdictions. (If Binance BNB got banned in the US it would not effect any other country) so OFAC won't even try
· CZ will mainstream the KYC / AML requirements and work with governments and regulators dealing with fraud / tax evasion in return the governments and especially OFAC , SEC will allow Binance to run their BNB chain, this is why CZ always spoke about a CeFi / Defi mix he knows this day would come.
⚪ I have included some stats from the Cayman Islands that show's a portion of how well Binance's model works
⚪ Oh and why this is all going on don't forget CZ acquiring Money Transmitter License's in Texas and all over the globe, Ethereum can't and has none of this.
Rihanna - Rehab (Official Music Video) ft . Justin Timberlake is property of The Island Def Jam Music Group
I DO NOT OWN THE RIGHTS
Binance Changpeng Zhao (CEO, founder)
Launch date 3 September 2017
Binance revenue
Year Revenue
2020 $5.5 billion
2021 $20 billion
Binance profit
Year Net income
2017 $7.5 million
2018 $850 million
2019 $570 million
2020 $900 million
Binance users
Year Users
2017 1.5 million
2018 13.3 million
2019 16.5 million
2020 21.5 million
2021 28.6 million
Binance annual crypto exchange volume
Year Annual exchange volume
2017 $59 billion
2018 $516 billion
2019 $401 billion
2020 $1.07 trillion
2021 $7.7 trillion
Comment
Merge Completed - - PoS issuance: 1.6K ETH/day (STAKING AMOUNT 13M ETH)
Fee burn: 0.4K ETH/day (BASE GAS PRICE (AVERAGE) 4 Gwei)
0.39% Issuance per year while Ethereum 2.0 was marketed as a deflationary upgrade?, looks like the developers pushing this scam on people have failed basic math, what could go wrong?
Comment
Target risen $171Comment
Target dropped $170Comment
If you don't know where the Ethereum yield comes from, that's because its you.
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