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RE: Proof of Stake Coins as (almost) free way to multiply your holdings.

in #mining7 years ago

It's a similar concept with nodes on other POS coins as well. Those who manage the nodes, are investing money on servers and get a share of the profits

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have you ever heard of the labor theory of value?

Not really..... Please elaborate?

if you were starving and the payout was your only way to access food and I used my free market to flag you, would that be violence or just my rights?

Trick question, the only thing keeping you from food would be the guard at the door of the market, not money.

The guard is your ruler and god, money means nothing.

This happens for real every day. 20 million die a year of poverty a year.