Or wherever you are sitting right now — in a basement with a laptop, in Texas with a shotgun, or in Latvia with cold kefir. And here’s the shocking news: over 35 million Ethereum (ETH) have gone into staking. This is not a mistake. This is thirty-five million digital coins, voluntarily locked up. Forever? Perhaps.
What does this mean?
This means that almost a third of the entire Ethereum economy is taken out of circulation. Literally. As if the Federal Reserve announced: “We will remove a third of the dollars from circulation… just because we can.”
But who put them there? Who decides that billion-dollar assets can just be… frozen? Right — it’s the “validators,” those very digital priests sitting in server rooms and pressing buttons for your “safety.” They say it’s necessary for “maintaining the network.” And we say: who benefits from you not being able to access your coins?
Yes, we are told that it’s “good.”
They say: “Look how many people believe in Ethereum! This is a sign of maturity, a sign that the ecosystem is getting stronger!”
Of course. In a world where banks collapse every Friday, and inflation makes your burger more expensive than Bitcoin in 2011, the idea of locking your money for 12 months without a guarantee of return — is that “stability”? Please.
What is actually happening?
Let’s be clear: 35 million ETH have gone into a digital prison, and no one even blinked. Why? Because they promised “returns of 4-5%.” All you need to do is believe. Like in a bank, only without guarantees, without deposit protection, and, most importantly — without keys. Yes, if you don’t hold your private keys — congratulations: you hold nothing.
And now the main question: what if all this Ethereum is needed back? What if tomorrow we want to sell, transfer, use it for something real — for example, to pay rent or buy pizza? Not a chance. Because in staking — it’s like in the Hotel California: you can check in… but can you check out?
And while you stake — they control.
Centralization is rising. The main stakers are exchanges: Coinbase, Binance, Lido, and other crypto giants. So you’re not just staking. You’re giving up control. And, as always, under the pretense of decentralization, another digital empire is being built, ruled by a few. And you know what? They’re not from your neighborhood.
Conclusion:
So the next time someone tells you: “ETH in staking is cool!”, just ask: who is in charge of this crypto economy now? Because if 35 million ETH are locked up, then the keys are clearly not with you.
