Quote from: Icygreen on August 16, 2017, 03:00:58 PM

Quote from: r0ach on August 16, 2017, 02:37:30 PM

Quote from: Lauda on August 16, 2017, 08:35:33 AM

We are talking about a whole new payment system/platform and a store of value that is by far superior to any existing financial system and store of wealth (gold sucks FYI).

If I have a gold or silver coin sitting on the table, I do not have to pay extortion fees to some miner just to be able to spend it.

But you'll need to transport that gold or silver coin to the person accepting it. Ask a millennial if they think value should be stored digitally online or in a physical coin

Ask a "millenial"? HAHAHAHAHAHA

Yes, let me consult some reverse evolution millenial children with mental disorders that check their iphone over 200 times per day on important financial matters. No, we do not live in a "digital world" you millenial cucks. I keep seeing you people constantly spam this propaganda now (probably govt shills who want to de-cash society so they can have their slave control grid). If your life is "digital" then you have no life because the digital world is mostly meaningless and imaginary. Probably why Zerohedge ran a story the other day talking about how the suicide rate for all these dumb millenial kids is off the charts.

It doesn't matter what the millenial bolsheviks want. There are concrete, objective traits that will always move the invisible hand of the market to a predetermined destination which anyone who is capabale of doing real fundamental analysis already knows the answer to. You people have done literally zero homework on fundamental analysis and don't even know it's not possible to create a decentralized digital currency in the first place. "Distributed"(meaningless), yea; "decentralized", no.

PoW is designed to centralize while PoS starts centralized and becomes even more so over time. They should both be called proof of monopoly.