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I had a great day today. I enjoyed a podcast by @lunaticon with @DarthCoin about the Lightning Network, I kept learning.
Then I was watching one of the WOB24 talks, about PoW and PoS, where there were 2 people who defend PoS. At first I thought that talk was unnecessary at a Bitcoin event, but then I understood that the talk actually takes us to the same place, IF BITCOIN AND PoW ALREADY EXIST, WHY IS ANYTHING ELSE NECESSARY?
In the long run, for me, it only reinforces an idea raised there by someone who was once in PoS with ETH and is now a Bitcoiner, those of PoS defend their position because they are investors.
Another very important idea for me, BITCOIN WAS THE FIRST BECAUSE AFTER MANY ATTEMPTS IT MEET THE REQUIREMENTS AND THE BASIS OF THE BLOCKCHAIN IS PoW.
PoS is, in my opinion, like giving money to the bank to generate interest without working, and those who have the most money are the ones who decide.
10 sats \ 1 reply \ @ama 11 Dec
There is no comparison between Prove Of Work (POW) and Piece Of Shit (POS).
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I like that. Price of Shit (PoS). Very clever. I'll write it down for my conversations.😂
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Basically PoS is the same old centralized fiat game with a new name slapped on it. PoW is a fundamental key to enabling truly decentralized digital currency.
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What was the podcast?
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