I have about 25 ETH but if I sell my remaining BTC I could get to 32.
The reason I switched to ETH was for the environmental benefits of pos.
Since I’ve started looking in to staking now I’ve some questions:
Do you get your stake back after 2 years? An article I was reading said that but I thought it was only once they finished the transition to pos, if so; is that on schedule?
It seems a reasonable risk to switch from btc to eth since it since the value is more or less pegged, presumably because of arbitrage? But what happens if eth becomes the dominant crypto? Without halvings and deflationary mechanics wouldn’t that make the predictable profitability of btc via the s2f model evaporate?
If you only had 32ETH (worth of Bitcoin) – would you startup a validator?
I have other savings but losing that much would certainly hurt.