Custoslibera@lemmy.world to Memes@lemmy.ml · 1 year agoIt’s all a scam, don’t even try to tell me it’s usefuli.imgur.comimagemessage-square199fedilinkarrow-up11.35Karrow-down167
arrow-up11.28Karrow-down1imageIt’s all a scam, don’t even try to tell me it’s usefuli.imgur.comCustoslibera@lemmy.world to Memes@lemmy.ml · 1 year agomessage-square199fedilink
minus-squareGitProphet@lemmy.sdfeu.orglinkfedilinkarrow-up24arrow-down8·1 year agoWhich is why a lot of cryptocurrencies adopted proof of stake in favor of proof of work.
minus-squarekameecoding@lemmy.worldlinkfedilinkarrow-up38arrow-down2·1 year agowhich is literally a rich get richer scheme on steroids…
minus-squareHadriscus@lemm.eelinkfedilinkarrow-up4arrow-down1·1 year agoJust like the cycle of water ! if it never rained
minus-squareMarxism-Fennekinism@lemmy.mllinkfedilinkEnglisharrow-up1arrow-down1·edit-21 year agoVacuum cleaner economics
minus-squareHonytawk@lemmy.ziplinkfedilinkarrow-up29arrow-down2·1 year 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-up4·1 year 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.