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17496418 No.17496418 [Reply] [Original]

>Craig Wright calls PoS and Ethereum a ponzi scam
>Vitalik calls BSV and it's method of PoW a scam

Who do you believe bros? And what does this all mean??

>> No.17496430

Both are. Buy fanton

>> No.17496431

lets see... would you believe the guy who created the first platform that's actually being used for smart contracts or a fucking sociopath that made a fork of a fork and lies constantly?

>> No.17496432

proof of stake is a lot more just like stocks. They're basically equity. Who cares what the SEC thinks they're irrelevant.

>> No.17496437

>>17496418
just buy bsv you moron

>> No.17496442
File: 86 KB, 713x696, Chainlink.jpg [View same] [iqdb] [saucenao] [google]
17496442

>>17496418
Don't care about BSV but if Vitalik calls PoW a scam then he's certainly retarded.

>> No.17496460

>>17496418
Read what Craig is arguing then look it up for yourself. Vitalik rolled back the ETH blockchain after the hack

>> No.17496474

>>17496442
For clarification, he didn't call all PoW coins a scam, but he said he disagrees with PoW and BSV's specific PoW model is a scam.

>> No.17496502

friendly reminder ETH is PoW coin.

>> No.17496561
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17496561

>>17496442
>don't care about bsv
>thinks link survives when eth goes down
the absolute state

>> No.17496576

I believe in Chainlink which is blockchain agnostic.

>> No.17496860

>>17496418
Think of PoS as stock buy-backs done by corporations. These stock buy-backs have become very common since the crisis in 2008. Corps are always doing this stock buy-back shit to save their own asses. If a corp controls the majority of their own stock, they have more control of the flow ratio, to help ensure they don't have to worry about massive stock sell-offs if they control the majority of the stock. This absolutely kills product-innovation and competitiveness. Look at Apple for example - they are pretty much the ones who started the stock buy-back craze years ago, so lots of other corps started copying Apple's 'strategy'. They literally come out with a new fucking iPhone once a year with bullshit 'innovation' like 'more pixels for the camera' or 'biometrics'. They don't have to constantly innovate because they control all the stock via buy-backs, allowing them to stay relevant without really doing anything to the levels they should.

Same goes for PoS. The only reason Vitalik wants that is so ETH won't die right away, even if there is zero innovation or growth taking place. They wouldn't have to worry about ETH dumping into the ground if they control the majority of the ETH in the first place. I was on the fence years ago with ETH's pre-mine. It wasn't a good thing, but I could sort of understand why they did since crypto was still kind of new, but now that they want PoS with it originally being a pre-mine is a huge red flag. In the simplest terms, PoS is damage control because they can do nothing to make it better. I don't even follow ETH anymore, but wasn't 'ETH 2.0' supposed to come out a couple months ago? Lol.

>> No.17496900

>>17496442
PoW is a Chink scam to use their advantage of cheap electricity to sell USA people coins at inflated prices.

PoS is based because the network is secured by money. Poor chink fags BTFO.

>> No.17497227

>Unironically taking Craig Wright seriously
He will never make it

>> No.17497340

>>17496860
Ethereum is a big fat mess, it will sink down with no survivors.

>> No.17497772
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17497772

>>17496900
>PoS is based because the network is secured by money.

The absolute state of retards on this board