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Comment by nosuchthing

Proof-of-Stake statistically equates to "Give the rich more money".

Consider Ethereum's stats (and other similar PoS minting methods):

  Presale ICO / Premine ( max cost $0.50 USD per ETH  )
  = 72,009,990 ETH
  
  Total Supply today (Feb 23rd 2018)
   = 97,800,000 ETH

  Source:
  https://etherscan.io/stat/supply
Now imagine a financial system where all the wealthy have to do simply own money (spawned from software or premine) to get more money. Or where voting is done by merely by controlling a large sum of money/tokens.
parent nosuchthing 8 years ago

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