Yes, but ED has this funny idea that PoW is somehow a labour based thing. It is kind of funny how he claims you dont understand PoW if you don't see it as a communist model.
Bitcoin is a system based off of Proof of Work... its right in there... term WORK. No work - no rewards. That is type of system that Bitcoin is which is exactly what Communism is about
No it doesn't! Owners of bigger capitalist businesses DO NOT EVEN WORK! They just OWN the property of production which is what PoS principle is about. You are simply brainwashed.
You assume they dont even work. Most actually do, and those who only invest are good for doing so as investment is sometimes more important than work. I see you dont understand POS.
I said WORK and you said INVESTORMENT. They are two very DIFFERENT THINGS and you can't even see such simple thing because you are brainwashed by capitalist propaganda.
Investors are very important. Without them work is a lot harder, if there is even work at all. You over value work, and under value investment. Communists dont understand value itself.