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>With PoS, although governments can’t print tokens, it doesn’t really matter. The governments and central banks have unlimited money. so they pump eth price to
by nootropicat 4y ago
>With PoS, although governments can’t print tokens, it doesn’t really matter. The governments and central banks have unlimited money.
so they pump eth price to infinity to get majority of stake? While in theory it could work, it would cost at least hundreds of billions of dollars. Compared to maybe $1B-$2B to take over PoW from nothing. Two orders of magnitude difference.
As nobody needs a blockchain with censorship everyone else would move to a fork without the governmental stake. A very foolish plan.