Proof of Stake cryptocurrencies are not mined, so where do they get their value ... | Hacker News

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		koonsolo on March 8, 2021 \| parent \| context \| favorite \| on: Bill Gates Says that Bitcoin is bad For the Planet Proof of Stake cryptocurrencies are not mined, so where do they get their value from? Plenty of them have high market caps.

jasonlaramburu on March 8, 2021 [–]

I suppose the value is derived from staking your coins on PoS. There is real opportunity cost associated with locking up assets.

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