> is actually a good thing
If you believe that those who have the most should get more going forward. The new system concentrates the wealth more than the old system
I am of the view that in general, lowering inflation is a good thing.
Given the success of PoS so far (1), ETH was over paying for security when there was another alternative way to do things... and this is coming from an ex-large scale miner.
(1) We likely won't know for decades if the switch to PoS was indeed successful, but I do feel it is an interesting experiment
I have several friends who stake ETH. Never met a single miner in person.
Staking pool or outright staking? Lots of people mined before the hardware got sophisticated enough to price out the smaller miners. Even so, there were still people mining on GPUs. Do you remember when gamers and ML researchers were priced out of GPUs?
I was a miner and you only have 56 friends... so would you like 57? =)
Haha we would need to meet in person for that to invalidate my previous statement!
There is no more issuance to miners, it all goes to stakers now and is tiny compared with what was going to miners.
The sudden graph change under #3 (Sept 15th), is actually a good thing.
A better visual of this is https://ultrasound.money/