Ethereum (ETH) is evolving, but not everyone seems to like what happens next.
As big money pours into staking, Ethereum co-founder Vitalik Buterin talks privacy, local tools, and an internet that doesn’t belong to platforms or algorithms.
So how do you handle the situation when the network’s highest ideals start to conflict with how it’s actually used?
Resistance to the Modern Internet
In a recent article on
He aimed for what he called “corpslop.” In fact, he described today’s Internet as a space dominated by slick branding, dopamine-driven algorithms, and massive data collection that destroys user agency.
“Today, ‘sovereignty’ also means…protecting your own mind from the mental warfare of corporations trying to get your attention and your dollars. »
He added that sovereignty also means doing things because “you believe in them, and declaring your independence from the homogenizing, soul-sucking concept of ‘meta.’
This means creating local, privacy-focused tools that work for users.
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Meanwhile, a wallet linked to Buterin deposited 330 ETH, worth around $1.02 million, into Paxos. The move is consistent with the tech founder’s brand, with his history of moving Ethereum (ETH) for operational, philanthropic, or ecosystem-related reasons.
As the debate around the ideals of Ethereum continues…
…money seems to have already made its choice.
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Institutions are increasing in staking ETH, even with yields near multi-year lows. BitMine alone has funneled over a million ETH into staking in just one month, so the entry queue is at levels not seen since 2023.
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At the same time, regulated products such as Grayscale and 21Shares’ staking ETFs have started paying rewards. The current situation is particular, but nevertheless remarkable: while the network is experiencing an identity crisis, big money has full confidence.
But did the early believers really want them there?
Final Thoughts
- As Buterin warns against “corpslop,” institutions are blocking over a million ETH in staking.
- The future of the network depends on balancing big money with its own privacy-focused ideals.
