Also PoS can't distribute new coins, thus eventually the coin supply shrinks asymptotically to 0.
You are wrong here. There are PoS variants that distribute new coins.
No variants can. And the last time you debated me, I defeated you on every single point. Are we going to have to do it again?
I thought you wrote last time that you were going to be busy with your university semester beginning. I am ~51 (50.7), you are in your early 20s I presume. I have been a software developer since before you were born.
You don't defeat someone by talking wtf just discuss your shit and that's all
You missed the point. I don't have to defeat anything. The dominant stakeholders are stealing everything from you as we speak. Enjoy the ride.
And that includes Dash's masternode scheme and all of the PoS systems.
However, at this time PoW is also the same. The Chinese (professional miners) are stealing everything from Bitcoin investors (but not from Bitcoin users yet, while block rewards are still high!)
Thus the state of crypto is in crisis. So far it is a failure except some foundation work has been laid and some users have benefited from Bitcoin. Even PoS has funded some foundational work so from that standpoint I can't say it is a total failure.
I have an inkling that you really suck at politics
Yup. I will never play in that arena. It is an intentional effort to destroy politics. I detest politics with a venom. Every one of my successes was achieved without any politics whatsoever.
I believe in and want to promote meritocracy.
So all of you who are picking coins based on who is best at manipulating the others politically, I aim to destroy you. And if there is a way, I will. If there is no way, I will quit.
I may manipulate marketing wise, but not designed to siphon funds in a zero sum game. Rather to expand the pie for everyone.
What is the point of selecting a coin based on which one has the best politics?
Even if you had every single speculator from the Bitcoin universe investing in your coin, it would all be useless if you didn't have the design and marketing to gain adoption.
Bitcoin was marketed by the global elite in their MSM and they are mining you the speculators taking all your money with their zero cost mining in China.
Crypto is one big corruption to take all your money. You fools. I am trying to create a fundamental innovation and a real revolution. Just keep criticizing me and handing your money over to your slave masters.
What most intelligent people have decided is that it is much easier to play along and find a way to mine you, than to attack the much more difficult problem of a true revolution. I try against all odds and have never asked for a dime from the investing public, so therefor you don't like me because I don't want to steal your money.
Insanity.
The best design and marketing would be useless without speculators, because otherwise it will never garner the attention of most of the world's population. You include marketing, but you can't fund a sufficient marketing campaign without speculators or doing an ICO. Proper marketing is expensive.
You are apparently highly confused. I never wrote I was excluding speculators, which is in fact impossible in any coin market. You have a quite annoying bratty abrasive method for asking questions by rather asserting that you know everything.
Also, politics are necessary if a cryptocurrency has enough success. Bitcoin is finding this out now.
Bittorrent is decentralized. Bitcoin isn't. Go get an education first, then we can talk.
Edit: haven't you been slightly suspicious of why the MSM publicized Bitcoin so much. 3. That doesn't happen without the approval the global elite.
3. Maybe, maybe not. You are making an absolute statement, but I haven't seen particularly convincing evidence.
Thanks.
This is an interesting point to ponder. Could a revolutionary crypto coin succeed without the MSM (e.g. Bittorrent), or would the MSM cover something which was not helping the professional miners rape the Bitcoin investors to the tune of $300 million annually?
I think all of us are somewhat unrealistic (unless we were just here to mine the speculators).
This indeed worries me. It is difficult to justify killing myself to code in order to try to create revolution and then think it could all fail just because the MSM holds all the power.
I am not sure which way I am leaning on this issue. My gut tells me "It Is Just Time" for something revolutionary to happen. But my gut is very ill. Lol.