RE: PIVX

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PIVX

in pivx •  8 years ago 

PoS is just an alternative to PoW, it's cleaner and much more economical to run a cryptocurrency on PoS, even Ethereum will switch to PoS at some point, so yes PIVX is superior to Dash in the technical terms.

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Just bought some PIVX today and I am excited about it.

Right, cleaner and economical, but highly inflationary. There's not even a cap on how much can be produced. I'm not saying that it can't be used as a currency, but as a store of value it doesn't make sense to me. And, I'm not thinking about buying it to use it or spend it, I'm thinking about buying it for speculation purposes. So, the lack of scarcity is what I'm not sold on.