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/biz/ - Business & Finance

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21885649 No.21885649 [Reply] [Original]

Gentle /biz/nessman,

is Proof of Stake a "Ponzi Scheme"???

>> No.21885659

>>21885649
No, have you been hanging around maxis?
Proof of Work is a subset of Proof of Stake.

>> No.21885701

>>21885649
POS is the narrative
POW will become a footnote of history
Flippening.

>> No.21885801

>>21885649
>the more money you have the more money you get
>the more money you get the more power you have
>chain security determined by those who are close to the money printer
sound familiar?

>> No.21885882

>>21885801
>buying some internet magic tokens anyone can sell from anywhere at a price set by the free market to have a say in the network
vs
>building physical infrastructure, getting permits from energy authorities in areas with low energy costs and buying access into the latest generation of mining equipment that requires highly specific proprietary state-of-the art engineering designs and access to economies of scale in a supply chains that span many different countries to brute force a bunch of hashes for no reason so that you can have a say in the network