Scam Economy
30: The Ethereum Merge is Here. What It Means, Who's Getting Rich & Why It Won't Be You (w/ Bennett Tomlin)
September 15, 2022
It's finally here...Ethereum Merge Day. Bennett Tomlin of Crypto Critics Corner and joins Scam Economy with Matt Binder to break down exactly what the Ethereum Merge is, why the crypto world is celebrating its arrival, the difference between the old proof-of-work system and the new proof-of-stake system, how miners are taking the change, the fork, what is staking, sharding?!, the environmental impacts, how crypto advocates are missing the big picture, Lido and its role, and why the system is still set up for the rich to just keep get richer. Check out Protos and their Ethereum Merge coverage: Listen to Crypto Critics Corner: Visit Support the show: