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A comment on Bitcoin is not a store of value. Parent comment

Re:Bitcoin is not a store of value by ETH_start on Monday September 19, 2022 @05:46AM (#32896220)
I didn't see anything in that article supporting the claim that PoS chains "are all highly centralized".
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Re:Bitcoin is not a store of value by jevgeni on Monday September 19, 2022 @06:02AM (#32896318)
So according to you a protocol that prioritizes nodes with higher holdings of the crypto currency is somehow decentralized?
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Re:Bitcoin is not a store of value by ETH_start on Monday September 19, 2022 @07:23AM (#32896876)
What difference does it make if the block-generating capital is ASICs or cryptocurrency? The distinction is completely orthogonal to decentralization.
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Re:Bitcoin is not a store of value by jevgeni on Monday September 19, 2022 @09:14AM (#32897852)
Then don't make that distinction? I originally wasn't.

Point is, whether it is a huge farm of ASICs or PoS holdings, it still leads to centralization.

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Re:Bitcoin is not a store of value by ETH_start on Monday September 19, 2022 @10:46AM (#32899055)
The original comment asking for a source was quoting an assertion that Proof of Stake blockchains, as opposed to Proof of Work ones, "are all highly centralized".

So given the context, I was implicitly asking for what distinguishes Proof of Stake from Proof of Work to make the former centralized where the latter is not.

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