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Proof of work coins?

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by COINS NEWS 113 Views

I'm of the opinion that regulation is coming in a big way sooner rather than later. Btc was deemed a commodity long ago and will be safe from the crack down.

If you follow the news, senator Elizabeth Warren has publicly asked the SEC to go after crypto. Not the first time either, her and Gary Gensler want to ruin the marke.

I think in particular, POS assets are extremely risky for the foreseeable future. I can easily see them being considered securities which would be devastating for a lot of projects and not just in regards to price action.

I'm not interested in hearing your arguments against POW and dont want to hear about your POS tokens you feel are superior. I just want to research some POW projects as I want to heavily invest in a handful of them during this bear market. Thats my strategy.

Crypto is narrative driven. We've had POS narratives, defi summer came and went. The merge happened. I feel like the next big narrative to come will be regulations (or atleast the fear of it). In conjunction with all the security issues and hacks and distrust in the market from centralized authorities, the security of POW will also be a strong point in this narrative.

With that being said, are there any new proof of work coins out there that you're fans of? Older ones that you see promise in?

submitted by /u/RandullFlagg
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