Post
Topic
Board Bitcoin Discussion
Re: Proof of stake mining of bicoin
by
cbeast
on 27/12/2014, 17:30:59 UTC
POS=no production cost=no value

If I can produce a coin without any cost, why should I pay any thing valuable to exchange it??? I will just go ahead to mine it

Fiat money can do this because there is a law to force its circulation, and the cost to make that law can be a war, which costs millions of times more energy than POW mining

https://bitcointalk.org/index.php?topic=848881.0

Point 7


Quoting a FUD thread won't win any credibility.