Re: "Surprisingly, Tail Emission Is Not Inflationary" -- A post by Peter Todd
Reasonable people, see Proof of stake as the tech evolution needed to propel the tech to new heights of innovation.
It is pretty much, off-topic, if not vandalism. There is a topic for PoW/PoS debate, Good luck convincing people about your blind faith in Proof of StakeActually you mentioned PoS 1st.
- Govs all over the world are targeting bitcoin miners for imposing bans, extra taxes, etc. Meanwhile, PoS shills are aggressively promoting their stupid ideas about
PoS being the next generation, environmentally correct, energy efficient alternative to PoW, blah, blah. - Bitcoin is not adopted as means of payment, not even in the horizon, instead ,speculators (people like you), along with gamblers and scammers are dominating the marketplace.
- Bitcoin is not even ready for mass adoption, right now with 4-5 TPS.
- ...
Your one confusion is this , there is no PoS vs PoW anymore.
PoS won, and only a few PoW coins are left to evolve or die,
PoS supporters could care less about the dying PoW tech.
The Coming battle with PoW is this:
It is PoW vs People right to use affordable energy.
PoW vs Having an Air Conditioner
PoW vs Having electric Heat
PoW vs Having Lights
PoW vs Having Hot Water/Cook Food
PoW vs Playing Video Games
PoW vs Having Freezer/Refrigerator
PoW vs Basically anything else using electricity
Which is why PoW is a dead end, because eventually it prevents people from using energy for anything else.
FYI: Be sure and sign the petition to stop btc PoW mining in Navarro county, Texas.
https://www.change.org/p/no-to-riot-bitcoin-mine-in-navarro-county
Quote
Navarro County/ Corsicana TX is looking to allow an industrial Bitcoin Mining operation to move here & use our resources.
We do NOT want this enormous burden on our already fragile infrastructure.
We do not want the increase in water and electricity bills.
We do not want the increase in environmental temperature in the immediate vicinity of the factory-that-produces-nothing.
We do not want the noise pollution that 500,000 computers running 24-7 will produce.
We do not want our county to facilitate in the illegal activity Bitcoin is used for, such as money laundering, child, human and sex trafficking, tax evasion and drug trafficking.
WE. DO. NOT. WANT. THIS. FACILITY. IN. NAVARRO. COUNTY.
This is NOT a done deal.
We have the power & authority to deny access to our municipal water supply. We're in a drought and already experience brown-outs during the summer months.
This factory-that-produces-nothing will affect every single citizen of Navarro County and MUST BE STOPPED!
We do NOT want this enormous burden on our already fragile infrastructure.
We do not want the increase in water and electricity bills.
We do not want the increase in environmental temperature in the immediate vicinity of the factory-that-produces-nothing.
We do not want the noise pollution that 500,000 computers running 24-7 will produce.
We do not want our county to facilitate in the illegal activity Bitcoin is used for, such as money laundering, child, human and sex trafficking, tax evasion and drug trafficking.
WE. DO. NOT. WANT. THIS. FACILITY. IN. NAVARRO. COUNTY.
This is NOT a done deal.
We have the power & authority to deny access to our municipal water supply. We're in a drought and already experience brown-outs during the summer months.
This factory-that-produces-nothing will affect every single citizen of Navarro County and MUST BE STOPPED!
People are trying to ban PoW mining to save their communities.
POW is a hammer and hammer can be used to do wrong.
This thread is not about the misuse of a hammer in Texas by a bunch of rich motherfuckers.
Its about inflation and whether fixed block mining rewards are better than vanishing rewards.
I hodl a lot of DOGE
I think that
1x
2x 100% inflation
3x 50% inflation
4x 33% inflation
5x 25% inflation
.
.
.
10x
11x 10% inflation
.
.
.
.
20x
21x 5% inflation
.
.
.
50x
51x 2% inflation
.
.
.
100x
101x 1% inflation
in the case of Doge
may be better then no new coins in the case of BTC
I am 65 I won't live long enough to see if doge is better than btc.
If you are 20 consider buying 10000 doge and leaving them be only costs 700 dollars.
and please post on topic.