Critical Ethereum Decision from Paxful! Will It Bring Downfall?

One of five upgrades planned for mid-September Merge successfully completed the merger Ethereum (ETH)could not catch the expected rise with Merge.

So much so that the peer-to-peer crypto market Paxfulsaid in a statement today that they are removing Ethereum from the platform.

of Paxful ETH announcing its decision CEO Ray Youssefstated that the network’s switch from PoW to PoS and some security concerns due to this transition were effective in ETH’s delisting.

“Paxful has finally delisted Ethereum. 11.6 million people are safer now. Who’s next? “

We finally kicked #ethereum off our marketplace. 11.6m humans safe. Integrity over revenue 🤝🏽 Who is next ? pic.twitter.com/JTJXa5RYJ8

— Ray Youssef (@raypaxful) December 21, 2022

CEO Ray Youssef, who also sent an e-mail to users outside of Twitter, Bitcoin (BTC) compared:

“Revenue is good, but honesty takes precedence.

Proof of work was the innovation that made Bitcoin the only honest money in existence, while proof-of-stake made ETH a fundamentally digital fiat form.

ETH is not decentralized. It is controlled by a small group of people and one day you will need permission to use it.

The tokens produced by ETH turned out to be a fraudulent project that robbed people of billions.”

Finally, the famous CEO, who argues that there is economic discrimination in the world, can only enjoy this privilege. bitcoinHe said that .