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Social costs of PoW vs PoS by @ercwl

medium.com/@ercwl/proof-o…
@ercwl Note that I've raised similar arguments here github.com/ethereum/wiki/…
@ercwl I agree with @interfluidity that the assertion that higher concentration of wealth is good is strange (possibly an economy like BTC with no government-like public good producers would benefit from billionaires more than countries, but even taking that into mind....)
@ercwl @interfluidity But what's more important is that I see no reason why level of desire to stake would reliably correlate in either direction with properties that make a good steward of wealth.
@ercwl @interfluidity I really look forward to @ercwl's arguments for why he still thinks PoW provides better security!
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