RE: Proof of Stake Coins as (almost) free way to multiply your holdings.

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Proof of Stake Coins as (almost) free way to multiply your holdings.

in mining •  7 years ago  (edited)

Would not that all be an utopian fantasy....have not we gone too far already?
is it not accepted values in our current interpretation of free market democracy?
( you may question the integrity of free market)
That
We are constantly manufactured to be competative and greedy, furthermore, being greedy is encouraged,as a result,casino definately florish, Overconsumption lead to overproduction that generates even more debt, more debt= more necessities - more necessities bring up more invention. And we are constantly competing in the name of individul freedom.
greed and debt are the foundation that generate our necessities & creativity.

Quantitative easing , print money out of thin air, currency devalue, crypto arise ...we definately evolving regardless...i guess crypto is the best answer to mould conventional model of free market into more accepted method.

Main point: staking is necessary to preserve our current acceptance of free market values, incentives are the rule of the game... cryptos are here to survive and cant affort to be radical altogether.

mining
7 years ago by

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      ·  7 years ago 

    "greed and debt are the foundation that generate our necessities & creativity." wrong

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      [-]
        ·  7 years ago 

      in a free market the only thing that's free is the market.

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          ·  7 years ago (edited)

        I would never assume we had free market ever..
        Production is only for more profit than the real need....is not that greed

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            ·  7 years ago 

          it is? But we could like, you know, produce for need instead of bothering with exploiting the workers for profit.

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            [-]
              ·  7 years ago 

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