Farley on Nostr: Proof of Stake is the illusion of wealth without work, where nodes accumulate ...
Proof of Stake is the illusion of wealth without work, where nodes accumulate unlimited yield not from real value creation, but from mere ownership. It disconnects wealth from the real world, reinforcing the very systems we seek to escape—those that reward the powerful simply for being powerful. In a Proof of Stake system, the rich grow richer without lifting a finger, echoing the inequities of centralized banking, where money begets more money, detached from human effort, time, or energy. True freedom and value must be grounded in something real, where wealth is earned, not merely staked and hoarded.
Published at
2024-10-12 16:33:26Event JSON
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"content": "Proof of Stake is the illusion of wealth without work, where nodes accumulate unlimited yield not from real value creation, but from mere ownership. It disconnects wealth from the real world, reinforcing the very systems we seek to escape—those that reward the powerful simply for being powerful. In a Proof of Stake system, the rich grow richer without lifting a finger, echoing the inequities of centralized banking, where money begets more money, detached from human effort, time, or energy. True freedom and value must be grounded in something real, where wealth is earned, not merely staked and hoarded.",
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