4 ms·
So, the rich get richer?
by s73v3r_ 9y ago
So, the rich get richer?
- mywittyname 9y agoIt's not that different our current economic model. You can choose between spending the cash you have now, or "locking it up" (i.e., buying bonds/equities) and receiving a dividend. With PoW, it's still the case that the "rich get richer," because you have to be pretty wealthy in order to afford the equipment to mine any reasonable amount of coins.
- s73v3r_ 9y agoYeah, but this stuff is supposed to make things much better. If it's the same as our current system, I don't see much reason to change.