For a technology to be falsifiable, there needs to be an agreed upon method of measuring its fundamental failure. Even in cases like stablecoins where investor

For a technology to be falsifiable, there needs to be an agreed upon method of measuring its fundamental failure. Even in cases like stablecoins where investors are provably losing millions of dollars on repeat oweing to fundamental design faults of the underlying protocol, the coins continue being traded nonetheless. The coins are still worth money despite the many instances of clear technical failures — “being worth money” appears to be the sole arbiter of “validity”. How can the underlying tech really be disproven? Cryptocurrency is an effectively unfalsifiable technology. You could be selling a one-wheeled tricycle, and investors would still trade it based on one narrative or another. That is more or less the case with PoS.