Proof of Stake is no better then our central banking system with the top selling of their inflated interest.
The Answer to the above issue is easy, you design a Proof of Stake System with an Ultra Low Inflation/Interest rate.
By making the rate ultra low ,
you assure that the system stays fair for all , and that anyone selling any amount of real value is selling from their principle and not interest alone.This ends the so called Rich only get richer myth in Proof of Stake.
The Energy Efficiency of Proof of Stake verses Proof of Work can not be denied.
*Interesting enough the Miners that are rich that get richer , no one worries about in Proof of Work.*
Due to the financial costs of running warehouses full of ASICS, has Centralized Bitcoin mining to the Already Rich.For the first bolded point, this is the flaw, there is no 'assuring' that. Look at the disaster our 'trusted third party' banks have done.
As for the second point in bold, the miners also SUPPORT the network and therefore deserve the fees, this is why it is called 'Proof of Work.'
As for the energy efficiency argument, I've said this many times. Alternative energy is possible and if we were to take Bitcoin Cash as seriously as far a making it a globally adopted currency, billions would be invested into these alternative energy sources if the desire was there. China runs on coal and thats the problem, not Bitcoin Cash. Lets also remember how many bank related services would not be running 24/hours a day. The energy efficiency articles are often overstatements without any real factual backing. Those statistics are often kept quiet. Its important to care about the environment for future generations, but there are alternatives here.