1/ I’m befuddled too. I have 2 theories on PoS popularity: Theory 1: there is some strong mental block/bias that blinds people. The idea of getting something from nothing might prove to be too attractive. Just look at how long people searched for Perpetual Motion Machines.https://twitter.com/BobMcElrath/status/1045465795193655296 …
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3/ Theory 2: Crypto space has been completely taken over by sociopaths. Many of them know deep down that PoS is a dead end, but they will milk this cow/manipulate people as long as they can.https://meaningness.com/geeks-mops-sociopaths …
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4/ Theory 2 is admittedly a more cynical take. But IMO it does have some merits. Can you think of some personalities in crypto who might fit the profile of a sociopath?
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