[proxynoproxy]

Cherry-picked timeline… It’s reality dude! It’s the timeline that reflects reality in 2025.

Of course if you imagine a reality where ETH PoS was the best and the coin was worth $100k/ETH post merge you could say that. But that’s fantasy. It’s worth less per unit than when it was POW.

[everfree]

This subthread is about mining pools and I made my argument about bitaxe. You didn't address it at all.

[proxynoproxy]

Satoshi spent real resources to mine, yes they were negligible at the time, but it was real resources. I recall genesis block took 6 days of hashing at difficulty 1. Vitalik just hit print.

BitAxe is a toy, yes. But my point was that people are mining sats. You just don’t see the value in the hardware and energy outlay for integrity. That’s the disconnect. PoS has no real world binding, and so must rely on humans for integrity. Bitcoin… offers an alternative. ETH PoS is more of the same. I don’t trust humans, you trust them too much.