Garden-variety shill strategy:  Ad hominem attacks based on canned talking points about a “btc cult”.  In an irony that is surely unintentional, this slop is delivered with a preacher’s airs of smug conceit about the quasi-religious righteousness of the POS position.  Yawn.  Could you be a worse cliché?

Although I had planned for months to get active on this issue, a part of the immediate impetus for me to start posting here about it was that the day before, an altcoiner called me a “bitcoin maxi cunt”.  The trigger:  I politely, but firmly and cogently corrected his technical misconceptions about Bitcoin.

I was only talking to him because we are both invested in different aspects of the same POS altcoin ecosystem:  Terra.  We were on very friendly terms.  Out of humane compassion for someone who got wrecked very badly with UST, I spent significant amounts of my time corresponding with him and consoling him about his losses.

Although I am a Bitcoiner first and foremost, I’ve been doing altcoins for years.  Before my recent months-long trainwreck of financial losses, I had a beautiful portfolio of altcoins (both POW and POS) that would give Jay here a heart attack.  In an altcoin venue, I had befriended a downtrodden altcoiner who had apparently just lost his life savings.  But suddenly, I am a “bitcoin maxi cunt”.

Why?  In reply to my observation that what Do Kwon did to the Terra chain could never happen with BTC, he insulted Bitcoin and made some ignorant remark about Bitcoin’s energy use.  I offered him facts—as I am well-qualified to do, given my level of technical expertise.  Therefore, my new pal declared me a “bitcoin maxi cunt”, and sent me a stream of harassing emails with such subject lines as, “suck a bag of dicks fuckface” (quote-unquote).

Well, he may also have been peeved that I refused to indulge his desire to discuss illegal hacking activity that he bragged he would do—evidently to show me that his technical acumen is superior to the fuddy-duddy Bitcoiner’s.  He also threatened to hack me—LOL.  His ineloquence was less less astonishing to me than his audacity.

Although I have no reason to care for the opinions of some random loser on the Internet, the whole scenario neatly illustrated to me that POS buyers who aren’t either dupes or shills are deranged.

I admit that I was duped—not wholly, never enough to believe that POS was better than POW, but enough to compromise and make excuses.  POS is promoted with potent propaganda, and its worst problems are quite subtle.  I love charts and graphs and maths and stuff; the economic and security analyses in various whitepapers seemed reassuring to me, at least on a “not so bad after all” level.  Thus, if a POS coin attracted me for other reasons (programmability, innovative features, etc.), I was willing to tolerate POS—go with the flow—buy, delegate stake, compound my stake income in the POS monetary perpetual motion machine, and then get sad that my money was locked up when I needed the liquidity.  Whoops...

Now, LegendaryK, who is in a “cult” based on empty rhetoric and smear-attacks, not on facts and logical reasoning?

Who refuses to learn?

For my part, I won’t waste my time debating with POS shills.  That is why my first post in this thread announced:  I am not here to debate.

---

Thanks to others for the replies.  I will catch up later—busy now.  At high risk, I just bought some SOL on margin in the remains of my recently-liquidated BTC account—a very modest amount; not as an investment, but because I’m still trapped!  To make enough dollars to free my remaining BTC, I don’t now have any reasonable short-term prospects that do not involve programming on the Solana blockchain.  That requires rent-exemption SOL for deployment, and I was down to SOL dust after I had dumped my accumulated SOL and MSOL trying to save my BTC.  Too bad I wasn’t paying attention to the recent prices—every dollar counts for me now; I thought I’d better catch some development-fuel SOL while it’s under $40, though I also wouldn’t be surprised if it falls further...  Anyway, LegendaryK, this BTC cult member and proud “bitcoin maxi cunt” will probably not bother with you here.  I have my work cut out for me on multiple fronts; arguing with losers on the Internet is not a productive use of my time and energy.