Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: anticonformist on May 20, 2018, 06:03:37 AM



Title: POS stake coins are made from thin air, worse than FED?
Post by: anticonformist on May 20, 2018, 06:03:37 AM
how can proof of stake coins be sold and by whom? I mean it takes massive electricity and time to create/mine a bitcoin which in return gives it value, so then it can be sold. But with POS coins, how can people just from the start, completely create the total supply of coins and then they just sell them at whatever price they want? Aren't they just creating millions of dollars from thin air? And another problem how many people hold these POS coins, is it like 2 or 5 people selling them to the rest of the entire world?