With proof-of-work, we as a society are doing insane things like burning large amounts of fossil fuels on a warming planet just to ensure people don’t cheat at various distributed spreadsheets. Even if you don’t participate in crypto, those who do are polluting your environment, increasing your electricity costs, and generally making the planet worse all to run their distributed spreadsheets
With proof-of-stake, all of the annoying crypto folk are basically harmless. They generate near zero economic value (moving money from place to place, which can be accomplished without crypto) but they don’t hurt anybody except for other crypto folk.
With proof-of-stake, all of the annoying crypto folk are basically harmless. They generate near zero economic value (moving money from place to place, which can be accomplished without crypto) but they don’t hurt anybody except for other crypto folk.