Hmm I think I get where you're going. I've not dug enough into POS to really question that but I'm not sure I can really buy into Bitcoin being just tied to the physical realm. There's still the issue of a few owning the majority of the coins, in combination with a few being the majority minors? Meaning they pretty much control the speed of the network and the fluctuations of the market price?
I can see why POS together with some sort of abstracted democratic system would be less appealing though.
Mathias
npub143…85ug7
2023-08-24 05:33:17
in reply to nevent1q…2lgh
Author Public Key
npub143z78vsxmncfsm6y4x9rpf8r5hf5nd95vfqg5sv6zsjd08kynzps385ug7Published at
2023-08-24 05:33:17Event JSON
{
"id": "9bb3f4aa48a698e456e64ffeb06a8086d5d8f258d5648cffeb39e107ca8074a0",
"pubkey": "ac45e3b206dcf0986f44a98a30a4e3a5d349b4b462408a419a1424d79ec49883",
"created_at": 1692855197,
"kind": 1,
"tags": [
[
"e",
"b5fb3deff8c4a1095954ae4e96cf272ede4a7f96e2085a1744bef8b95f305177",
"",
"root"
],
[
"e",
"b05d1d17b0de0bea474bf0026f94314656a5401dd2f4c122c72e81af3022601f"
],
[
"e",
"20ce6f333bbd538d11641f4509f1850b9630239d9dd87e2bac69305c94fcbb56",
"",
"reply"
],
[
"p",
"ac45e3b206dcf0986f44a98a30a4e3a5d349b4b462408a419a1424d79ec49883"
],
[
"p",
"269b0b280b99e4724daf5718a6c8e412c59269cc472a70b472b1acf0dec91bca"
],
[
"p",
"ac45e3b206dcf0986f44a98a30a4e3a5d349b4b462408a419a1424d79ec49883"
],
[
"p",
"18e3af1edeecb70542eb7e000cf5c43ea0d6d3b79ebb64c8e2c98b341d42e5df"
]
],
"content": "Hmm I think I get where you're going. I've not dug enough into POS to really question that but I'm not sure I can really buy into Bitcoin being just tied to the physical realm. There's still the issue of a few owning the majority of the coins, in combination with a few being the majority minors? Meaning they pretty much control the speed of the network and the fluctuations of the market price?\n\nI can see why POS together with some sort of abstracted democratic system would be less appealing though.",
"sig": "a39e7e71e6f769fa979f09a6db1384db167ff6431c44d284ab51134e5119f4ec951e40899a3deb4b7afa152660377210b825de9089341f8d2d99b531862384d9"
}