Has nothing to do with the merge has everything to do with the general state of the investment world. It's crashed just as much as bitcoin, any other crypto or the stock market. Also I don't see Ethereum being any more centralized than it was before and who cares if it is? Decentralized systems nothing gets done lol
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I entirely agree with you but this is not veyr good for the "narrative". Also I have seen that some users thought it would make Ethereum deflationary and are surprised that net ETH are still being issued.
They should have read the Whitepaper I guess... It will lower emissions but ETH was intended to still be created.
Thanks for the comment!
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