[toomuchredbull]

Obviously the people who have the most to lose are most motivated to maintain the currencies stability/trustworthiness no? Isn't that the idea? If the people with the most start screwing around, everybody will stop using the currency and they will be left with nothing.

[haskman]

"If the people with the most money start screwing around with other people's money, then everybody will just abandon using money altogether, societal structure will collapse, and they will be left with nothing".

Great argument.

[jdauriemma]

> Obviously

It's not obvious to me. Can you provide evidence that we can rely on the social dynamics you're describing?

[hanniabu]

Yup, and unlike with PoW where you can go mine another coin or sell your equipment, your investment is gone