Articles are written from time to time that imply that Bitcoin should implement a Proof of Stake consensus mechanism in order to use less energy. So why doesn’t the #BTC community do that?

Proof of Stake is inherently less decentralized than Bitcoin. In Bitcoin, anyone can operate a node with any basic computing device, and have a full say in how the blockchain runs. Meanwhile, many Proof of Stake blockchains have expensive staking minimums that none but the richest participants can afford. So Proof of Stake is largely controlled by people who have lots of resources, and leaves those who do not in the dust.

I released an article in late 2021 dissecting why Proof of Stake is not an open, equal system for everyone like #Bitcoin is. Check out the article for yourself:

https://hifibitcoin.substack.com/p/the-fatal-flaw-of-proof-of-stake