Re:Proof of stake is incapable of producing a consensus
by floatboth on Sunday November 28, 2021 @09:21AM
(#29369082)
> elite of devs and mining pool owners
You forgot a (perhaps even more) crucial part: the exchanges/stablecoins!
They're the whole reason this clown show is considered "finance" rather than funbux.
And they're all extremely suspicious. And by suspicious I mean obviously fraudulent. The value of Bitcoin (!) is propped up by Tether printing fake dollars backed by nothing.
You forgot a (perhaps even more) crucial part: the exchanges/stablecoins!
They're the whole reason this clown show is considered "finance" rather than funbux.
And they're all extremely suspicious. And by suspicious I mean obviously fraudulent. The value of Bitcoin (!) is propped up by Tether printing fake dollars backed by nothing.