> Staking that 1 ETH just got 10% more expensive because the opportunity cost of staking that ETH increased relative to spending it. Economically, this means that the system is going to drive out marginal stakers, by design.
I don't really get it. It's more expensive because you're making more money? Why wouldn't everyone just stake until they feel like spending? How does this drive out marginal stakers?
> But what I've been hearing from ETH holders forever
These are just people pumping their bags. No one actually knows how it's going down. Anyone who holds such alpha isn't posting it on Twitter.
I don't really get it. It's more expensive because you're making more money? Why wouldn't everyone just stake until they feel like spending? How does this drive out marginal stakers?
> But what I've been hearing from ETH holders forever
These are just people pumping their bags. No one actually knows how it's going down. Anyone who holds such alpha isn't posting it on Twitter.