China banning miners strengthened the network instead of weakening it. Within a 3-6 months the hash rate totally recovered and it was more decentralized than ev

China banning miners strengthened the network instead of weakening it. Within a 3-6 months the hash rate totally recovered and it was more decentralized than ever. The argument that it is easier to move a validator than a miner is a very surface level argument, honestly. The incentives of mining ensure that miners will spread to every corner of the world, in every jurisdiction, in search of cheap electricity. Meanwhile, proof of stake validation has no such incentive. It is financialized and it even has a guaranteed yield component. Since validators are financial and not industrial like miners, they will be incentivized to locate near other financial centers, like New York and London, and they will certainly comply with sanctions and other financial practices.