In this post, we take a look at trends in MEV that we believe have the opportunity to centralize and weaken the core mission and value proposition of cryptocurrency. We argue that the most important only exit from a future where power dynamics in cryptocurrency become centralized and predatory is through geographic decentralization. We then explore the relationship between geographic decentralization and privacy, which in our opinion will be a dominant economic phenomenon in the next decade of MEV evolution.

We call on the community of decentralization advocates and developers to help us achieve a future where the beating, global, permissionless heart of cryptocurrency is protected.