Mervyn_Pumpkinhead
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June 17, 2015, 09:31:18 AM

Things are valuable not just because it is good. Anything good but can be easily copied or replaced does not have value. PoS coins are just like this. You can have a very advanced coin, but tomorrow other guy can just copy your idea and create a clone. BTC has its drawbacks (security is not one of them), but due to the huge hash rate, it cannot be easily replaced or copied. The huge hash rate is the key of the real scarce, and is the key of the value of BTC. Those who claim PoS is more advance, more environment friendly have just overlooked this most important point.

Yes, now you are starting to understand what the crypto scenery is all about. It's about an idea and it's constant improvement by better innovative software solutions.
The lazy fortune seekers just want to find THE COIN, so they can buy it and sit on their ass, so they can just be rich while doing nothing. In reality, the scenery will remain highly dynamic for the coming decades, before more refined solutions come out, that can't be perfected much more. But in the closer future, cryptos will start to get old quicker and wealth will start to move around quickly to new and better solutions. It's a nightmare for all the bartenders and and cab drivers who came to the crypto world seeking easy riches. It means that they actually have to understand the bigger picture of things to predict the winning outcome.