NEW EPISODE - Is Ethereum Paying Too Much for Security? @ethereum's staking ratio keeps climbing, and EIP-8363 wants to put a brake on it. @TrustlessState sits down with @jdetychey and @macrosam to debate what happens as ethereum:native approaches 50% staked, why issuance could threaten credible neutrality, whether staking is crowding out DeFi, and the case for cutting rewards before the problem gets harder to fix. The fight over Ethereum’s monetary policy is back. CHAPTERS --- 0:00 Why Ethereum Needs Stake Targeting 4:27 What Actually Breaks With More ETH Staked? 9:54 The 50% Social Backstop 18:24 Ethereum’s Protocol vs. Its DeFi Economy 21:30 Is Staking Crowding Out DeFi? 26:19 Dilution, Subsidies, and ETH Price 35:46 Would Lower Rewards Hurt or Help DeFi? 49:48 What About Tom Lee and Institutional ETH Holders? 57:02 Does This Hurt Solo Stakers? 1:09:01 Why EIP-8363 Is So Contentious 1:18:10 The Final Case for Changing Issuance