Hey crew!
Heidi here with this short yet interesting article covering Vitalik’s view on CBDCs, but Vitalik makes a really interesting point at the end of this article comparing PoW to PoS.
IMO, to an extent he is right, but miners are already incentivized to seek renewable, off grid energy sources.
Even if the physicality of PoW is a hinderance in the future, that doesn’t automatically mean PoS is perfect a solution (Vitalik doesn’t claim it to be). To be sure, they each have potential weaknesses that could be manipulated. I’m curious, what are your thoughts?
Ethereum (ETH) co-creator Vitalik Buterin reportedly says that central bank digital currencies (CBDCs) are not developing in the way he had once hoped for.
The Daily Hodl
Disclaimer: This article is for educational purposes only and does not constitute financial advice. Cryptocurrency investments carry risk; you should always do your own research before making any investment decisions.