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> And, who is going to be able to have a larger percentage of their funds staked, a poor or a whale? This is a truth that's fundamental to all types of investi
by everfree 2y ago
> And, who is going to be able to have a larger percentage of their funds staked, a poor or a whale?
This is a truth that's fundamental to all types of investing. Advantaged people can set aside millions and not touch it for a year or five or twenty. Disadvantaged people can't invest $20 because there's a good chance they'll need it to buy dinner.
Stocks, bonds, CDs, real estate, it all works like this. You've touched on a fundamental property of wealth.
- rfoo 2y agoIndeed, I guess you can say I hate wealth. Wel, but at least in PoW you burn actual money (and in the end, actual resource) proportioned to your profit to keep the network running. In PoS you burn nothing.