Post
Topic
Board Bitcoin Discussion
Re: It's about time to turn off PoW mining
by
inBitweTrust
on 17/09/2014, 15:39:58 UTC
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

Certainly, and I will even admit that many of your criticisms are valid. What you fail to address properly is the innate weaknesses with PoS and DPoS however. This isn't about that though.... the real question is why you are still mostly invested in BTC and claiming that "PoW is dead" and pumping Bitshares? Why don't your actions match your rhetoric? If it is costing you, get out and we will soon follow if Bitshares is superior.(yes, I understand BTC is merely one DAC within the bitshares eco-system. The point is you are claiming its a flawed DAC , and thus I am suggesting you invest in non flawed DAC's)