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No, if Bitcoin was PoS, Mt Gox would bail themselves out and govern Bitcoin to this day. Early on, Mt Gox was responsible for over 80% of all economic activity
by qertoip 6y ago
No, if Bitcoin was PoS, Mt Gox would bail themselves out and govern Bitcoin to this day. Early on, Mt Gox was responsible for over 80% of all economic activity on the Bitcoin network, and was by far the dominant holder of coins.