The question is far less about who makes the operational decisions and far more about what kinds of operational decisions people are called on to make.
Conjectured governance under proof-of-stake seems to involve programmers & other amateurs making legal & accounting decisions. Bitcoin governance does not. Even when lawyers & accountants properly take over PoS governance, PoW governance will likely be far more socially scalable.
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PoW is socially scalable because it’s currently limited in scope. If there were multiple types of PoW for BTC then governance complexity rises (ie the more types of work rewarded with coin the greater need for rules).
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Historically rewarding specialized labor (PoW) scaled society from encampments to cities to global culture.
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I don't think most programmers would appreciate you calling them "amateurs". Remember that without them, your legal & accounting people can sit around twiddling their thumbs.
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Limitations of 240 characters. Those inexperienced at law or accounting are amateurs it comes to making legal and accounting decisions, just as accountants & lawyers are generally amateurs when it comes to making technology decisions.
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I think this is illusory. Most scenarios where conjectured PoS governance requires active intervention are scenarios in which PoW just plain falls apart.
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You know what’s illusory? The idea that ETH is decentralised.
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You do realize we have a Sun right?
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Physical. We have a Sun with a clean energy output that is mind blowing. We just need to do a better job at tapping this energy.
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Renewables + crypto mining seems to synergistically reduce the need for battery storage while decentralizing future energy production. The mind boggles....
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Agreed!
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