So in Bitcoin, the guy who can afford to buy the “best gear” is the king and gets to sit on his ass and rule the entire system then. Still risk of one miner taking control/power.
So there is risk but it's very temporary. POS whales are permanent oligarchs who don't need to spend a dime to control the coin forever. Huge difference.
It depends on how the POS is set up though. When there is an inverse voting system in place then everyone has a voice and everyone is rewarded for contributing to the network.
Rigging like that it only makes it easy to game. One whale can easily split into a million minnows in an anonymous environment.
