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/biz/ - Business & Finance

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3372951 No.3372951 [Reply] [Original]

How is it okay that early adopters and whales get free ethereum just for holding a lot of ethereum?

>> No.3372957

How is it okay that crybabies can whine all day long without being executed?

>> No.3372963

rich get richer OP
thats how it works

>> No.3372966

>>3372951
you snooze you lose

>> No.3372985

>>3372957
well if you put it that way it makes sense.

>> No.3372999

>>3372951
how is it ok that immoral proof of work coins kill the rainforest one tree at a time and deplete the ozone layer just for a masturbatory (and might I add; paternalistic and phallic) computer size measuring contest

>> No.3373017

>>3372951
dividends you fag

>> No.3373030
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3373030

>>3372999

>> No.3373048

How is it okay that billionaires get a larger return from an index fund than millionaires just by having more money in indeed funds?

>> No.3373054

It's the same as with mining. The richest people can afford the largest mining rigs and so make the most money.

The only differences with PoS is that there's no energy wasted and you have the ability to punish bad behavior in addition to rewarding good behavior, whereas PoW can only do the latter.

>> No.3373070

>>3373048
yeah you don't just have a pile of cash in your bedroom that multiplies over time by itself.

>> No.3373100

>>3373070
Right, and you'll have to stake your ETH to get more once POS goes live.

>> No.3373141

>>3372951
>tfw you could've bought eth at $13 but didn't have any money

Fuck sake.

>> No.3373157

>>3373141
>mfw i sacrificed a $4000 vacation to france to buy eth at $16
:)

>> No.3373260

>>3373141
TFW you live in a state where Ethereum couldn't be purchased until much later on.

>> No.3373287

I wanted to buy ETH at $2.00 but setting up the accounts on kraken from Aus and all that shit just seemed to difficult