Post
Topic
Board Bitcoin Discussion
Re: Annual 10% bitcoin dividends if mining were Proof-of-Stake
by
rpietila
on 27/04/2014, 16:38:24 UTC
What about the DPR seized coins?  Perhaps these should be redistributed for the "greater good" too?

Since PoS schemes aim to create value out of nothing (cf. alchemy)
Are you disputing the affirmation that value is derived from the usefulness of the network and therefore not from the cost of maintaining the network?

No. I had a long treatise concerning this as my first post in the thread.

I dispute that the network can sustainably gain any value if the currency unit is created out of thin air.