Post
Topic
Board Bitcoin Discussion
Re: Annual 10% bitcoin dividends if mining were Proof-of-Stake
by
Adrian-x
on 27/04/2014, 16:46:22 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 it's an affirmation that saving doesn't doesn't service the greater good,  the act of saving is risky one only saves if there is a future benefit, while one invests or spends one's savings for future benefits. With PoS saving are reward always.
It's like holding a share in a company. Dividends reward people who hold shares in companies who are profitable (ie. which resolve a problem in a efficient way).

Are you stating that shareholders shouldn't earn dividends?
In your example:
economy = company
shares = currently

The problem is the company needs the shareholders to give up there shares to do business.