The Largest Red

There is a debate in cryptocurrency surrounding the merits of proof of work vs. proof of stake. Personally, I better understand the reasons surrounding proof of work's superiority when it comes to creating sound money. The concept of proof of work is an interesting mental model to impose in different spheres of life. On the one hand, I think of this as you have to expend a certain amount of energy to get an outcome. I believe (as do many religions and philosophies) that there is some sort of karmic balance within the universe, such that you must provide value in order to extract value. People who lie, cheat, and steal ultimately will be worse off than those who operate with integrity. Whether or not that manifests itself during our finite lifetimes on earth, and what that manifestation looks like is another set of debates. Marcus Aurelius and the stoics for example will say that being a "bad person" is its own form of punishment, with quotes like "the best revenge is...