> It's not a lottery in the sense you're describing if you can predict your earnings.
It would also be possible to predict your earnings from participating religiously in any lottery
Capital holders who allocate more to machines who do work should be rewarded, it's actually the basics of free market capitalism.
> I absolutely never said otherwise. I don't know why you would assume so. You're having a visceral reaction towards the words Proof-Of-Stake rather than the content of what I said.
Proof of Stake requires no investment in machines who do work.
> Sure, the consensus mechanism of a shitcoin dosen't. But the point here is that Bitcoin mining requires only (mostly) investment. The amount of personal benefits you get from it is 95% proportional to the amount of capital you put in.
But you are exhibiting communistic vibes in your OP.
You place preference or look at positively an experience with which capital expenditures are increased - yet no benefit is given.
> I don't understand what you're saying here but I never said mining was bad.
Leathermint
npub1v0…m3m3e
2025-04-01 14:02:08
in reply to nevent1q…ylfm
Author Public Key
npub1v0tfjv5ahr3c260jtzdk5w48krerrnkg8fmcnc5lpguk0qda04eqzm3m3ePublished at
2025-04-01 14:02:08Event JSON
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"created_at": 1743516128,
"kind": 1,
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"content": "\u003e It's not a lottery in the sense you're describing if you can predict your earnings.\n\nIt would also be possible to predict your earnings from participating religiously in any lottery \n\nCapital holders who allocate more to machines who do work should be rewarded, it's actually the basics of free market capitalism.\n\n\u003e I absolutely never said otherwise. I don't know why you would assume so. You're having a visceral reaction towards the words Proof-Of-Stake rather than the content of what I said.\n\nProof of Stake requires no investment in machines who do work.\n\n\u003e Sure, the consensus mechanism of a shitcoin dosen't. But the point here is that Bitcoin mining requires only (mostly) investment. The amount of personal benefits you get from it is 95% proportional to the amount of capital you put in.\n\nBut you are exhibiting communistic vibes in your OP.\n\nYou place preference or look at positively an experience with which capital expenditures are increased - yet no benefit is given.\n\n\u003e I don't understand what you're saying here but I never said mining was bad.",
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