Is one of the benefits of PoS over PoW that it would be much less susceptible to government interference?
People says Bitcoin is a technology beyond the reach of government but in a way not really.
If say China didn't like it, all it has to do is arrest anyone mining it. In fact if any government deemed it too wasteful an activity it could just ban mining. Given how much electricity it takes it would be extremely easy to enforce and hard to hide this activity.
PoS doesn't require intensive mining. Ownership is anonymous. Does that mean when ethereum moves to PoS, it would be one more step towards a currency that can't be controlled by any government?
submitted by /u/unitydivide
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