MattKayBTC on Nostr: The US dollar is both proof of work and proof of stake. It's proof of work for you, ...
The US dollar is both proof of work and proof of stake.
It's proof of work for you, because for it you have to exchange your real energy, time, and the sweat of your brow.
It's proof of stake for the government/Fed, because they control the means of producing more tokens.
It's proof of work for you, because for it you have to exchange your real energy, time, and the sweat of your brow.
It's proof of stake for the government/Fed, because they control the means of producing more tokens.