Look at the title, welfare, it's obvious what the OP is thinking.
PoS for him is a solution for making money while doing nothing other than keeping coins in a wallet.
Too bad for him that free money turns out to be worthless money in the long run.
PoS for him is a solution for making money while doing nothing other than keeping coins in a wallet.
Too bad for him that free money turns out to be worthless money in the long run.
I thought it seemed like a peculiar choice of wording. My initial impression was to take them at their word that they were concerned about mining costs, but your take does seem to make more sense, heh.
I appreciate your opinion, but I think Bitcoin has to wait until we see the outcome of Ethereum 2.0 when it becomes POS in the next few months.
Bitcoin doesn't care what is going on with Ethereum so it doesn't have to wait on anything.
All of my "This".
Bitcoin lives in the moment. Algorithms in other altcoins come and go, but Bitcoin pays no notice and just churns out another block in ~10 minutes. Give it all the time in the world if you want, PoS just isn't happening. Every alt fan thinks their preferred method of securing the chain is better. But roughly every 10 minutes, they're proven wrong.
