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Why would there be insane electricity costs? It doesn't have to be a POS blockchain. Also, it's not completely vaporware since the proposal includes backing the coin by $1B to kick it off.

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> Also, it's not completely vaporware since the proposal includes backing the coin by $1B to kick it off.

Note: since the $1 is fictional, this remains 100% vaporware

I think you tried to write "POW blockchain," because POS is what the people spending the smaller insane amount hold up as a solution

But even a POS blockchain is a giant waste of electricity on what amounts to a casino backed by illegal securities

Yes, it was a typo.

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