Ugh, MIT has an article advocating for a hostile takeover of the Bitcoin development to make it Proof of Stake. 🙄😞
Discussion
Good luck. Get ready for war.
Wish them the best of luck.
"A small group of people could take the reigns of bitcoin"
🤣🤣🤣
It’s rather sad, they can’t even begin to understand how much they don’t know.
What’s the deal with Technology Review? Is it really an op-ed rag? Like the editors aren’t really interested in tech journalism? This seems so blatantly misinforming on how that would actually go down.
They’ll try, fail, and bitcoin will gain popularity because of it
My node would reject this fork and continue with the old chain. Klap klap klap MIT
I believe you zapped me. Thank you. It was my first.
Reading the article it looks like they understand the game, and why they would lose it.
Seriously, if the goal were to make the proof of stake chain have a higher price than the all version compatible proof of work chain, then telling people not to buy it doesn't seem like much of a winning strategy XD
The lack of understanding is astonishing. MIT was an academic early adopter of Bitcoin.
How can they pushlish this FUD?
Despite having seen various projects even based on Bitcoin moving from PoW to PoS without significant market demand or being classified as security.
MIT has written extensive papers trying to take down or control Bitcoin. They were commissioned to write a prototype for a US CBDC
#[0] Why are they bothering with this? What's the point?