💸💸💸#MUST_READ 💸💸💸
✅ Top 3 Bitcoin mining pools control 60% of the total hash rate (mostly concentrated in the US).
✅ Top 3 ETH staking pools manage 45% of all staked ETH.
✅ Bitcoin addresses with over 1,000 BTC collectively own more than 40% of the total supply.
✅ Bridges between Ethereum layer 2 blockchains are centralized.
✅ Bridges from Ethereum layer to layer 2 chains are also centralized.
✅ Fiat-backed stablecoins are even more centralized than fiat itself.
✅ The only thing that is somewhat decentralized in crypto is asset issuance, but interactions with those assets are still largely centralized.
Crypto is something that properly hasn't even started yet.
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