Quote from: r0ach on May 26, 2016, 10:40:00 AM

Quote from: Mervyn_Pumpkinhead on May 26, 2016, 07:34:53 AM

Black and grey markets are the only things holding value in bitcoin.

Another shill claiming Bitcoin is only used by rapists and murderers. Bitcoin is used by anyone that wants to escape neo-feudalism through usury. Kind of ironic that proof of stake is technically a permissioned ledger and not a decentralized currency, not secure, and also brings back usury, right?

Bitcoin is neo-feudalism on steroids, with uneducated fortune seekers and their wet dreams of everyone else making them rich by buying their artificially scarce virtual units.
PoS offers the same security as PoW, with the only difference that no energy is wasted on solving a problem that doesn't have to exist. But the uneducated fortune seekers don't care if energy is wasted or not, they just want to leech on the backs of others.