Crypto war. Why PoW is dominant ?

in #pos7 years ago

Clearly BTS is lacking support from the corporatocracy, e.g. Clif High suggests that BitCoin was secretely promoted by the FED.

BitCoin just like any PoW is way more cetralized than BTS, as we all know. Hence whales see much more control and incentive to support PoW technologies. Same applies to CEX - crypto CEXes overall make the whole crypto universe much more dependant on corporatocracy.

There is no chance we can revive BTS through speculation, we can't compete to whales. The only way is to create real utility value. Scrutinize the customer journey.

This is war.

And forget about increasing margin positions - this is the most stupid thing to do when you fight whales

Sort:  

Congratulations @azatarm! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of upvotes

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

By upvoting this notification, you can help all Steemit users. Learn how here!

Congratulations @azatarm! You have received a personal award!

1 Year on Steemit
Click on the badge to view your Board of Honor.

Do not miss the last post from @steemitboard:
SteemitBoard World Cup Contest - Sweden vs Switzerland


Participate in the SteemitBoard World Cup Contest!
Collect World Cup badges and win free SBD
Support the Gold Sponsors of the contest: @good-karma and @lukestokes


Do you like SteemitBoard's project? Then Vote for its witness and get one more award!

Congratulations @azatarm! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 2 years!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Vote for @Steemitboard as a witness to get one more award and increased upvotes!

Coin Marketplace

STEEM 0.28
TRX 0.12
JST 0.033
BTC 69747.29
ETH 3747.51
USDT 1.00
SBD 3.78