Re:Proof of stake is incapable of producing a consensus
by TimJRobinson on Tuesday November 30, 2021 @08:36AM
(#29391912)
Decentralized currency is the lifeboat if the captain goes mad and decides to steer into iceberg territory. It's harder to steer, but better than sinking in freezing waters (hyperinflation).
Compare it to a boat. Central banking gives you the ability to steer, sure someone might be bad at it and lead you into dangerous waters. But decentralized currency is like shooting the helmsman and ripping out the rudder because someone did a bad job of it once.