Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Tuco Benedicto Pacifico
on 24/12/2020, 10:02:47 UTC
⭐ Merited by vapourminer (1)
It connects to the security narrative.  1 to 2 dimensional thinkers can't see why POW is so damn efficient and such a GOOD use of energy, that will actually transform the entire power industry in 50 years.  But there is ZERO chance for a distributed system, much less a decentralized one without it.
Care to explain your reasoning why a system like POS can't work? (genuinely interested)

FWIW, Shelby has written extensively - as he does - about the flaws/limits of POS. That info should still be up on his steem blogs. If you really want to go there and dig, I suggest you have a big meal first, and also plenty of bevereages within hand`s reach, though.

https://steemit.com/@anonymint