Quote from: DecentralizeEconomics on December 30, 2014, 08:03:21 AM

Quote from: cryptogeeknext on December 29, 2014, 06:10:15 PM

Quote from: yumei on December 29, 2014, 05:40:16 PM

Centralization remains an issue

That's why PoW provides a 51% mechanism.
It works both ways, any 51% attack can be 51% attacked.

Don't make me laugh. You think you can 51% the government? lol

That's why we have an anarchy of competing governments.
Putting governments' spending onto blockchain would allow for greater transparency and accountability.
BTC blockchain might become the DNA of humanity, as a single healthy organism, that would evolve beyond the confines of a single planet.

Quote from: Come-from-Beyond on December 30, 2014, 07:50:46 AM

Looks like you prefer to joke instead of defending your point of view. Ok, never mind.

I have rehashed most of my arguments up thread. Provided that this isn't the first time there is a discussion on the topic, there isn't much to add. I'm glad that debates have continued, though. Debates is what keeps us alive: https://www.youtube.com/watch?v=WpMPu5p_QXU

By the way, you might notice some parallels in the video above and the movie I referred to earlier, so my concerns are not completely unfounded. PoW and PoS may and should co-exist and can even be friends