Post
Topic
Board Bitcoin Discussion
Re: Changing Bitcoin into PoS(Piece of Stake)
by
inBitweTrust
on 11/06/2014, 00:03:51 UTC
aren't subject to progressive policies of wealth redistribution as we see with fiat.
Thank God.

Agreed, but this also further stresses the importance of using a protocol that doesn't unfairly benefit early investors. There will always be income disparity as their should be based upon different individuals efforts but we don't want to live in a society where a 75 people control a bulk of the monetary supply just because they were at the right place at the right time.

While nxt may possibly have a similar distribution curves to btc currently it is likely to become more imbalanced in the future based upon how its designed. At least PoSv tries to partially solve this dilemma, albeit could easily be gamed.