Replying to Avatar τέχνη

This applies equally to both, but

1. I don’t see how PoW is more resilient in a war time scenario than PoS. Arguably PoS promotes diplomacy while PoW just promotes violence.

2. I’m not convinced that anyone in the bitcoin or crypto world will ever be capable of truly understanding and sympathizing with non-technical users. (Regarding things like key management mostly)
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Seth For Privacy 2y ago

1. PoS promotes plutarchy, not democracy, as the wealthy elites easily control consensus.

2. It's difficult when something like this necessarily starts under technical community, but it is branching out and companies are starting to target non-technical users (like we do at Foundation) so that Bitcoin's freedom is not locked behind techno-elite barriers to entry.

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τέχνη 2y ago

1. The wealthy elites control PoW coins just the same. Arguably it is much easier for regular people to stake than it is for them to have a profitable miner. The main difference is that in PoW “might makes right”. You can simply make my miner irrelevant with more power. But in PoS, my node will always be equal to yours. So you need to convince me of your case.