Post
Topic
Board Development & Technical Discussion
Re: Proof of Stake Bitcoin?
by
Sweetbtc
on 22/10/2017, 18:45:11 UTC
DO you guys ever think that bitcoin will do proof of stake? Just wanted to get some peoples insights on this.

That is never going to happen, it takes away from the trading power that is there. We net around 34% increase on BTC in the trading markets and I have yet to find a person or institution that is going to pop 34% daily compound interest on something as under backed as Bitcoin.