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SLP403 Alex B - Bitcoin Security Long Term & ETH Centralisation

Stephan Livera Podcast

00:00

Lido

Lino: You have no choice but to pay taxes because you have to be staking your therium. Lido as anentity itself also derives a fraction of that staking rewards, so they charge you, effectively a tax. And because you have a natural monopoly, then there's opportunity for them to leverage a very large taxation amonds. We'll say that was, i think it actually leads to a very perverse system, a very pernicious system.

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