Staking will inevitably involve debt which increases the average cost of staking. This means 2 things: i/ PoS inherently doesn’t help reservation demand & a coin in being a good Store-of-Value ii/ the energy argument is bullshit because absolutely nothing is cheaper than PoWhttps://twitter.com/hugohanoi/status/1039558224389726210 …
Everything has a cost, physical/financial. Just because a cost is not visible to the naked eyes doesn’t mean it isn’t there. The cost of having uncensorable money to society is purely a function of how valuable people deem that utility. Nothing to do with energy or electricity.
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Yeah see this is where u lost me. How could u build any more of a sound security than on the production and use of green energy to cryptographically secure bloclchains? Sun -> solar panel -> mining/staking machine. Decentralize to all parts of the world = sound money.
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