Part 2/9:
At the heart of the discussion was the distinction between Proof of Stake, often deemed a "shitcoin" model, and Bitcoin’s Proof of Work, which is hailed for its transparency and integrity. Proponents of Bitcoin argue that it offers a decentralized public ledger where every transaction can be audited, fostering accountability and trust. In stark contrast, Proof of Stake systems have been criticized for lacking such accountability, leading to a belief that they may not adequately represent the will of the people in governance or in finance.