Comment by nthacker

"How do we know that the Bible is true?

Well we know that the Bible is true...because the Bible tells us so"

The circular logic of PoS:

1. The list of valid transactions determines who has coin.

2. People with coin decide which transactions are valid.

3. GOTO 1

https://github.com/stickfigure/blog/wiki/Proof-Of-Stake-Wear...