Watching eth stakeholders make every mistake bitcoiners have intentionally avoided is gold.
Provides clear context re: the value prop of bitcoin compared to altcoins. Now we have a perfect case study to point to when questioned whether bitcoin's current path forward is the best option:
-Move slow, and conservative.
-Prioritize censorship resistance and robustness.
-Scale using layers.
-Avoid hard forks at all cost.
-Don't fuck with supply schedule.
-Keep it simple, stupid.
I'm curious, where do you get the 60% stake number from? Are there are POS systems deployed that can be used as a reference for a percentage of coins staked?
Interesting to consider the rate of issuance would affect % of coins staked. I hadn't thought about that before, but it seems obvious now