100: Explaining Bitcoin with Parker Lewis
The Bitcoin Standard Podcast
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Proof of Stake Is a Waste of Electricity
With bitquin you already have something whose inflation rate is extremely low, and it's only going to get lower. So f you're trying to overtake it with inflationah, you know, o you can't get lower than bitcoin. And then you still have the same problem of how do you distribute it? If the supply is already fixed and now you only have one % growth in the supply, then how are you going to have the currency distributed in a fair way? Its much cheaper than doing proof of work. Ah, because for you if your system is centralized, which is the case with all altcoins, as i think, then proof of stake is just really, it is a
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