Jeff Swann on Nostr: No. PoW is the only way to tie Bitcoin to real world value. Fiat is basically proof ...
No. PoW is the only way to tie Bitcoin to real world value. Fiat is basically proof of stake. Those who have the most get more & set the rules. PoW demands constant competition for rewards & will actually directly drive advancements in energy production to the benefit of everyone.
Published at
2023-05-03 20:54:04Event JSON
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