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RE: $20 DASH for Everyone Who Helps Someone Open #FirstDashWallet

in #bitcoin7 years ago

What are the total number of coins? The price of each individual coin doesnt matter the percentage of total coins you own is what matters. If you own 1 21millionth of the total supply thats equivalent to owning one bitcoin

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The biggest question with POS is how do we know there is proper distribution? If someone owns 50% of the coins they could already be completely controlling the network.

I don't see it that way, for me, POS just means more owners to the network and less centralization.

But a big whale who sold all his coins a long time ago has the power to create blocks quickly and rewrite history to regain his holdings

True. I also trust people and believe in karma ☺️ 😊

The whole point of bitcoin was to have a trustless system! If you can trust people why even use a cryptocurreny!

I also believe in the inherent goodness of every person but that doesnt mean I'll let anyone have the keys to my house or the password to my bank account