Ethereum “has been moving” to proof of stake for almost as long as it has existed. It has been so long that “Eth 2.0 PoS Coming Soon!” is something of a running joke.

A lot of hard work goes into PoS development and all these idiots can do is criticize without offing any insightful research or contributing. Its like they don’t want to find a solution because it just easier to sit back complain.

Part of the reason this is true is that cryptocurriencies are pyramid schemes.

Sure some of them are. Maybe the author is conflating bitcoin’s fix supply with a ponzi. Which is not correct. Also not all cryptocurrencies have a fix supply. Maybe the author was thinking about things like bitconnect. Maybe the auther was just copy and pasting something off of twitter. Who knows?

I was going to try to read the rest of this article. But its I don’t think its very well researched and is making me kinda mad.