https://ift.tt/3fb7D3I Bitcoin Must Never Leave Proof-of-Work (PoW). PoW makes Bitcoin unique and superior.

Why Bitcoin Must Never Leave Proof-of-Work (PoW). PoW makes Bitcoin unique and superior.

https://ift.tt/3FcAvDj


Bitcoin needs to stop the environmental disaster and move away from Proof-of-Work (PoW) to Proof-of-Stake (PoS). This is what I am reading more and more often. The people issuing this type of opinion are from all sides: politicians, economists, bankers, investors, …

If they are on all sides, they all share at least one thing: they still don’t understand the why of Bitcoin.

Those who do understand the why of Bitcoin know very well that the Proof-of-Work is essential to the incredible monetary revolution represented by Bitcoin. Let me remind you that Bitcoin’s goal is to offer decentralized and encrypted hard money to everyone.

In the latest issue of the In Bitcoin We Trust Newsletter, I explain why Bitcoin should never abandon Proof-of-Work: [**https://inbitcoinwetrust.substack.com/p/why-bitcoin-must-never-leave-proof**](https://inbitcoinwetrust.substack.com/p/why-bitcoin-must-never-leave-proof)

Proof-of-Work is precisely what makes Bitcoin unique and superior.

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