I recommend reading this to get a better understanding
https://hugonguyen.medium.com/work-is-timeless-stake-is-not-554c4450ce18
In PoS the history of the ledger has no unforgeable costliness. The ledger just consists of a series of signed transactions by validators. Anyone can therefore create an infinite number of alternative histories of transactions and there is no way for someone to look at them and independently determine which one is the real history. There is no way to prove who the validators historically were and what transactions they historically signed.
In PoW there is a unforgeable costliness. You habe to expend energy to create an alternative history and if this is rejected by the nodes, your energy and costs are wasted.
Nature’s ledger (gold) has robust parameters for supply and debasement bur doesn’t move and get verified fast enough in the telecommunications age. Mankind’s ledger (dollar) moves and gets verified fast enough but doesn’t habe robust parameters for supply and debasement. The only way to fix this speed gab in the long run would be to develop a way for a widely accepted, scarce, monetary bearer asset itself also be able to settle over long distances at the speed of light 💡⚡️🧡
Only in a proof-of-work system a node can go offline and rejoin without relying on trust.
In a proof-of-stake system the only way to not rely on trust is being online since inception and never ever go offline.
Trust is a flaw in every monetary system. 
With TestFlight version you can zap notes on Damus too. Just run the script
nostr:note1gjd2str0tfqvrcwdttskxkd52vmsagc477gsr858k0ug86nuj60qzn6uas
If you send me your nsec, I will send you two back
Late-stage fiat life:
It’s like holding a bag of ice cubes and working to earn more melting ice cubes.
At the end of the tunnel the sauna is waiting.
I don’t. Not sure if you can actually quantify this. But if you want to know the total addressable market for Bitcoin, then I would suggest:
Bonds, Money, Gold plus a big chunk (the monetary premium) of real estate and equities. Rough guess: ~600 T 
When alby finds your need for help in depth of #nostr even if you didn’t tag them 🏆🫂
GM 💜🧡
#nostr #Bitcoin #meme 
nostr:npub1ak5kewf6anwkrt0qc8ua907ljkn7wm83e2ycyrpcumjvaf2upszs8r0gwg
Excellent economic understanding.
Nice discussion. I learned something new. Thanks for that.
Take a nice zap both for that 🧡⚡️
To me it still is capitalism with voluntary social/moral rules and/or limitations.
I think only due to weak money rich people own things which they actually don’t use (like multiple houses which they down use and leave empty), just because it stores value better than the currency.
This leads to an increase in the price of these items because they are no longer just purchased for their utility but also as a store of value, adding a monetary premium to their price. This can make these items unaffordable for the working class, which results in social problems and often capitalism gets blamed. However, Bitcoin will pull the monetary premium out of all other asset classes, allowing their prices to recalibrate based on their actual utility.