Custoslibera@lemmy.world to Memes@lemmy.ml · 2 years agoIt’s all a scam, don’t even try to tell me it’s usefuli.imgur.comexternal-linkmessage-square199linkfedilinkarrow-up11.35Karrow-down167
arrow-up11.28Karrow-down1external-linkIt’s all a scam, don’t even try to tell me it’s usefuli.imgur.comCustoslibera@lemmy.world to Memes@lemmy.ml · 2 years agomessage-square199linkfedilink
minus-squareGitProphet@lemmy.sdfeu.orglinkfedilinkarrow-up24arrow-down8·2 years agoWhich is why a lot of cryptocurrencies adopted proof of stake in favor of proof of work.
minus-squarekameecoding@lemmy.worldlinkfedilinkarrow-up38arrow-down2·2 years agowhich is literally a rich get richer scheme on steroids…
minus-squareHadriscus@lemm.eelinkfedilinkarrow-up4arrow-down1·2 years agoJust like the cycle of water ! if it never rained
minus-squareMarxism-Fennekinism@lemmy.mllinkfedilinkEnglisharrow-up1arrow-down1·edit-22 years agoVacuum cleaner economics
minus-squareHonytawk@lemmy.ziplinkfedilinkarrow-up29arrow-down2·2 years agoToo little too late. They were using more power than the entirety of Switzerland, just so a handful of people could get rich.
minus-squareBolexForSoup@kbin.sociallinkfedilinkarrow-up4·2 years agoBitcoin, the largest crypto by far with almost 50% of the entire market, is still using proof of work and has no plans to do otherwise.
Which is why a lot of cryptocurrencies adopted proof of stake in favor of proof of work.
which is literally a rich get richer scheme on steroids…
It’s trickle up economics
Just like the cycle of water ! if it never rained
Vacuum cleaner economics
Too little too late.
They were using more power than the entirety of Switzerland, just so a handful of people could get rich.
Bitcoin, the largest crypto by far with almost 50% of the entire market, is still using proof of work and has no plans to do otherwise.