Ethereum is winning in the coming short term but privacy will be once to win for all

It is a coincidence that Ethereum is merging in the coming month. The market realizes how difficult we will face in years to come. The energy crisis is real, and the global economy will be stalled. The inflation will be high, and the government will have no solution but continue watching what will happen.

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We are letting institutions grow bigger and become the largest single point of failure. As a result, the risk is becoming more apparent that they cannot resolve the problems they created. 

The system can no longer afford to reboot itself.

The energy crisis is getting real. Proof of Work which relies on energy will likely drag away Bitcoin for a while. 

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Since the energy innovation is slow and reluctant to phase out the old methods that the currently influenced institutions control, the debat will drag away the possibility of easing energy crisis in the coming years.

Ethereum is the short-term winner in the coming years since it starts its Proof of Stake protocol to phase out the energy reliance on Proof of Work. 

Of course, it does not mean Ethereum can win it for all because privacy is the ultimate solution to help individuals to prevent abusing powers from the institutions. However, Ethereum Merge is a starting point to let crypto space rethink the future of energy use and become more independent in the coming years.

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Photo by Federico Beccari on Unsplash