Post
Topic
Board Bitcoin Discussion
Re: It's about time to turn off PoW mining
by
kokojie
on 17/09/2014, 15:29:00 UTC
Not so much as to pump bitshares, but to create a sense of urgency for Bitcoin to fade out PoW. Because I legitimately think Bitshares will overtake Bitcoin in 3-4 years, if the status quo is maintained, due to the advantage of not having transfer hundreds of millions of dollars to hardware vendor/electric companies every year.

I hold much more Bitcoin than Bitshares.

If you believe Bitshares are superior , than sell your BTC and buy more bitshares. We will all join you in time if you are right, and you will be rewarded for your earlier insights.

The fact that you are sill heavily invested in BTC and are making comments like "PoW is dead" is troubling to say the least.

I don't like PoW precisely because I'm heavily invested in Bitcoin. Would you be happy if your 401k account charges you 10% expense each year? This is what PoW is costing Bitcoin owners