Reply to post: Re: Proof of work vs. Proof of stake ..

Dollar for dollar, crafting cryptocurrency sucks up 'more energy' than mining gold, copper, etc

Anonymous Coward
Anonymous Coward

Re: Proof of work vs. Proof of stake ..

I hadn't heard about such schemes but I'm not surprised. Anytime anything gets in the news as a way to "get rich" you'll have people preying on people's fear of "missing out". I remember during the dotcom boom when there were constant news stories in the US about people quitting their job and day trading full time, you couldn't turn the TV on for more than two minutes without seeing an ad for Etrade or similar companies. I'm sure countless people got into the market just in time to lose everything they put into it. I'm sure the story is the same with bitcoin.

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