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October 21, 2017, 09:03:37 AM |
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Hi all, I guess I got now the base principles of minable coins with PoW algo. But I am not sure about PoS. I got the idea that you will be rewarded for keeping your coins and with that artificially shrink the amount of trade volume which might lead to higher prices. I wonder if this ideology will become mainstream, because more and more full PoS or hybrids are flooding the market. And I wonder if this idea succeeds, if it is not against base principles of modern capitalism. We have the common idea that money shouldn't be kept under the bed but rather being invested so that new business are being born and new work places being created. If noone would invest because of high interest income based on PoS, all of that would stop.
So in short: Is PoS the future and is it the future we wish to have? All perspectives allowed. Investor, common people and currency founder.
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