4min chapter

The "What is Money?" Show cover image

WiM038 - The Geoffrey Miller Series | Episode 1 | Money is Liquid Fitness

The "What is Money?" Show

CHAPTER

Is Proof of Work a Good Cryptocurrency?

i do not think it's possible to have a monetary system not based on proof of work. The only crypto i would invest in is one that has one of these other specific use cases, and where they're kind of competing against some legacy system that we know is already making money. Yesi i will see that i'm not verse enough in the pro i will say they are prospective value propositions of these coins, but i don't think anything is market proven at this point. Nothing has succeeded in the market place besides bit coin,. I'll loosely define success as above a hundred billion dollars in realized capitalization.

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