Banks are what proof of stake looks like after a few hundred years. Ultimately, proof of stake is a centralizing mechanism. It delegates authority to those wit

Banks are what proof of stake looks like after a few hundred years. Ultimately, proof of stake is a centralizing mechanism. It delegates authority to those with stake, which incentivizes acquiring greater and greater stakes. This will happen through takeovers/acquisitions and slowly, you'll have an oligopoly of centralized powers which control a large portion of the money supply. Sound familiar?