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by googlryas 1404 days ago
You don't have to trust a third party. You can run a pool yourself and be the one who needs to be trusted.
1 comments

If you don't have enough eth to stake, how will you persuade anyone to lend you their eth?
Have friends? People who trust you?
Obviously I need to have friends who already want to invest a significant amount into Eth, otherwise I'm just "that guy" shilling some scheme to their family and friends.
Of course. So what's the problem with that?
Under what possible scenario do I have a few k$ spare, but not 10k$ spare, to invest in a speculative asset, and also have a large number of friends and family already in exactly the same position?

The only one I can see would make me the "cryptobro", to use the currently-popular phrase.

It's also quite ironic that you suggest the basis of Eth consensus be based on the strength of inter-personal trust. If that's how it works, then why bother with the complexities of Eth?

I'm not saying the basis of ETH consensus is based on inter-personal trust. The conversation started by a complaint of 32 ETH required to run a validator being out of reach of normal people, so I provided multiple other options for how a normal person can take part in this.