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 have value without production cost, 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
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 have value without production cost, 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
Then http://coinmarketcap.com/ gives us incorrect information... or you are just wrong.
Bwaaahahahahaha!
Are you saying you could create a POS coin that could stay in the top 10 for a significant amount of time doing this?
You might I suppose if you kept 100% of the coin. But then you would have to show all others on CMC are doing the same. You're a sly one cbeast
borderline troll, the best lies are those very close to the truth 