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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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54455407 No.54455407 [Reply] [Original]

Anything that isnt PoW is a scam.

>> No.54455416

Proof of Capacity is acceptable too

So long as it isn't Proof of Stake

>> No.54455417
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54455417

>>54455407
>Anything that isnt PoW is a scam.

>> No.54455424

>>54455407
I want to bury my nose in her armpit to smell her proof of work

>> No.54455581
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54455581

Same but also anything that isn't decentralized

>> No.54455590

Why not just post "anything that isn't BTC is a scam"?

>> No.54455631

>>54455407
>mine millions in the early days
>now own that shit forever

how is that not a scam?
just accept it, there is no fair distribution and PoW is the same scam as PoS

>> No.54455638

>>54455631
>no no it's not the same
>reeee....

>> No.54455658

>>54455407
You are improving but still wrong.

>> No.54455676

we know eventually monero will be the only one who survives

>> No.54455680

>>54455407
I tend to believe this, but I think the more accurate statement is anything that is PoS is a scam.

>> No.54457171

>>54455590
Monero and Kadena also exists

>> No.54457509
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54457509

>>54455407
As far as I know, Hamachi Finance is not a scam, I'm gaining a lot of money from it and their community is wilding... and ofc, HAMI is not a PoW

>> No.54458141

>>54455407
Are you PoW? Didn't think so, scamming fucker.

>> No.54458227

>>54455407
Nazis get the rope

>> No.54458313

>>54457171
KDA was a complex rug is the hilarious thing with the core team fleecing people with an event "beyond" their control aka kaddex. Pow can definitely still be a scam.

>> No.54458998

>>54455407
imagine being this stupid

>> No.54459232

w-what is she doing with her arm?

>> No.54459626

>>54458998
seriously. a clairifier needs to be added.
ill fix the OP
> any L1 that isn't POW is a scam
> any L2 that doesn't roll into a POW L1 is also a scam

>> No.54461409

>>54455407
One day, I would really like to see a coherent reason for why alternative consensus algorithms are scams according to /biz/

>> No.54461451

>>54459626
keyed

>> No.54461544

>>54458313
Note that the OP doesn't exclude that. It's just that anything that isn't POW is definitely a scam, PoW MIGHT be

For example KDA was a scam, Kaspa isn't

>> No.54461726

What makes prisoner of war better than piece of shit?

>> No.54461811

>>54455581
This boss is from FFCC.
Yes, I am the coolest.

>> No.54461895

>>54455631
thirdworlders genuinely believe there is nothing wrong with ponzis
they will openly promote ponzis to each other by name and as such
i struggled understanding the pow mentality and the fascination thirdworlders have with pow coins until i made this connection
these people are literally missing the capacity for abstraction to understand the problem
or that there is a buyer at the other end of the trade for any seller
>grug use power
>grug mine coin
>grug get money
is literally their entire brain process
you can't argue them down with logic

>> No.54464008

>>54455407
I disagree. Many scams use PoW. Few legit projects use PoS. Almost everything that is a scam uses PoW or PoS so it's not a good metric to determine legitimacy

>> No.54465663

>>54455407
So is hashgold not a skem?

>> No.54465688

>>54459626
imagine being this stupid.
also of note, this board is abso-fucking-lutely dead. haven't been here in a VERY long time and the fact that threads stay up all day, wow. biz is dead.

>> No.54465775

>>54465663
X IS A SUBSET OF Y.

HURRR HMMMMM IT CAN'T BE HMMMMM BECAUSE HMMMMMM Z IS ALSO IN Y.