Bitcoin Forum
November 16, 2024, 05:47:15 AM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: POS stake coins are made from thin air, worse than FED?  (Read 171 times)
anticonformist (OP)
Newbie
*
Offline Offline

Activity: 65
Merit: 0


View Profile WWW
May 20, 2018, 06:03:37 AM
 #1

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?
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!