News for hackers. Stuff that matters.

privilegizer

Re:Proof-of-stake is inherently self-referential on Friday May 21, 2021 @02:26PM (#27237941)
No.

PoS is a trust-based system. No different than fiat.

PoW is a work-based system. Similar to gold.

You can't have a free lunch. Sorry.

Privileged take. You probably get paid in or have access to the USD or EUR.

Consider majority of the world doesn't.

https://bitcoinmagazine.com/culture/check-your-financial-pri...