Re: $5000 per coin will never happen if PoW mining is allowed to continue
Of course it's a problem, I'm being charged 10% tax on my Bitcoin holding, for something that is easily replaceable and useless.
Please do yourself a favor and let your actions match your convictions. Sell us your bitcoins and invest in Bitshares completely since you have so much faith in DPoS and so little trust in PoW. Why don't you invest in BTSX now before the big marketing push that is coming in a couple months! If you are smart you can even take those profits and re-buy into BTC right before the halfing to profit again and than sell those profits for BTSX.
The fact that you don't sell your bitcoins tells the whole story.
Why would I do that? if I have a leech sucking my blood on my leg, do I cut off my leg? or do I kill/remove the leech from my leg? I guess by your logic, you should cut off your leg to remove a leech.
Can you allowe me to say you one thing ? If you don't like the PoW system -btc :: you can always leave ( or you can try to contact one of the btc devs
).That's same as cutting off a leg to remove a leech from leg. Any sane person would not do that, but instead they will make an effort to remove the leech.