bumface: when it comes down to money, people can become real dipsh!ts. They don't restrain from nothing, even accusing people of stealing, just to get their benefit (whichever that might be). Just like in the "big" financial world, just with the difference that we have a lot of kiddies running around here who aren't equipped with the resources which the "big boys" have, so they are left with swearing and trolling...
So you agree that centralization of capital and access is a good thing?
POS brings nothing to the table, all it does is centralizes the market and liquidity. There is no "free market" it comes down to the biggest group, the only people able to make anything off POS are the ones with the control over the money flow, there is no way to mine it except by handing over cash in advance to buy from those people. It does not provide more services or opportunities to spend UTC making it "money"
You have a multipool which pays out in UTC, great, good job (honestly Granng it's work well done), another POS downside, the pool has to buy from the holders who are able to dictate market prices.......... Yes you can try the pathetic argument that everyone is free to sell at whatever price they want, so free market competition is alive and well. Only to a point, if you don't understand how this works, I suggest you stop playing with crypto as you're nothing more than "dumb money"
If pointing out reality makes me a troll, so be it, It's a HUGE bridge to sit under. I still see nothing anywhere or answers other than calling me a troll and FUDster over concerns over POS that would make me think otherwise?
What does UTC want to even be, do you guys even know anymore?
I'm not doing this as pure FUD. What's the problem taking your heads out of the sand for five minutes and dealing like stuff with the supposed "adults" that you are supposed to be? Ok my origional attitude sucked, yes I posted angry and I shouldn't have.
Are these questions so hard to answer or is more moderation required as it's far easier to hide reality than explain it, is it?
No, flobdeth, actually I'm totally fine with your posts. We're having conversation here and it's okay to express one's concerns (as I said, I'm here to learn about both sides as I cannot fully estimate the consequences of full PoS). My post was directed to king_pin, as this was nothing but FUD and accusations without any arguments to manifest what he said. So, no problem here from my side.
bumface, soccer final round Germany against Netherlands, that would be great, eh? Hope you guys win tonight!