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Proof of work, it requires continual investment if you want to get the rewards, not just sitting there watching the cash roll in.
by curyous 9y ago
Proof of work, it requires continual investment if you want to get the rewards, not just sitting there watching the cash roll in.
- aoeusnth1 9y agoHow is that more egalitarian? It's still a conversion between capital and income. It's like saying stocks that give dividends are more "egalitarian" because you have to reinvest them in order to gain the same return on investment. Absurd.