If there's any system that works to make the rich richer, proof of stake is IT!
Is there some reasoning behind this? Are you operating on pure confusion, pure ignorance, or some mixture of the two?
You may think that proof-of-stake will offer a higher return on investment to rich people than it does to poor people. You are confused.
This is not the case in PPCoin or any of the alternate proposals I am familiar with (e.g. any of my own, or Colbee's "proof of activity" )
Alternatively, you may think that the return on investment will be equal for rich people and poor people under proof-of-stake just like under proof-of-work. Since rich people have more capital and can invest more, they will get richer. However, the wealth distribution is not affected simply because the rich save more in absolute terms than the poor. Instead, the wealth distribution changes when the rich save a larger proportion of their income than the poor. The wealth distribution depends on the savings rate for each group, not the absolute amount saved.
If the savings rate is the same for both rich and poor, then there will be no change in the wealth distribution over time.
If the savings rate is higher for the rich than the poor, than the wealth distribution will become more and more unequal.
If the savings rate is lower for the rich than the poor, than the wealth distribution will become more and more equal.
I don't see why proof-of-stake would affect savings rates. Could you explain why you think this is the case?
Why are you spreading FUD? or does this term FUD only apply to illogical statements made about bitcoin? are illogical statements made about PPCoin also FUD?
are logical, but pessimistic statements made about bitcoin also FUD?