art on Nostr: Proof of work is what makes Bitcoin tangible. It's what ties it to the real world. ...

Proof of work is what makes Bitcoin tangible. It's what ties it to the real world.

The use of energy means there is a cost of production; a cost to create a fairly distributed non-bearer asset salable across time and space.

Proof of stake however has no cost of production. It replicates the traditional failed system we already have where the rich get richer. It lends itself to be co-opted by any nation state "staker" that can print fiat ad infinitum to purchase their "stake".

Bitcoin is inevitable...