Isn't the ban on staking in the USA supposed to be bullish for bitcoin and other proof of work crypto projects? I only heard not to stake on centralized exchanges but not the same for mining in the USA, so if you are in America you are free to fire on your Asic miners. All Hail to PoW algorithm.
Isn't it the exchange staking that is banned and not the POS? I do not think how can it be bullish for Bitcoin when POS is still at its the same status? As discussed in the thread, it is the staking feature of the exchanges that is restricted and not the Proof of Stake concept of several cryptocurrency.
Isn't the ban on staking in the USA supposed to be bullish for bitcoin and other proof of work crypto projects? I only heard not to stake on centralized exchanges but not the same for mining in the USA, so if you are in America you are free to fire on your Asic miners. All Hail to PoW algorithm.
It won't prohibit altcoin developers to create new algorithms, new trends to attract altcoin investors.
True it also does not prohibit developers to adopt Proof of Stake feature in their coins or token so there is no real advantage of Bitcoin can be seen on the banning staking since it is limited to centralized exchanges that is based on USA. So other cryptocurrency that isn't based on USA can still implement the staking feature.