Any recursive, closed loop system (PoS) is not a decentralized currency
While sounding smart to idiots, that acrually makes zero sense.
1.Any closed-loop system is recursive, pretty much by definition. A system without recursion, i.e. one in which the input state is fully independent of its output state, is called an open-loop system.
2. PoS coins are less centralized than Bitcoin, which is mined by a handful of guys in China.
Now, what were you trying to say? This time, say it in words you actually understand.
You could delete the entire tax system and IRS, and transaction fees would be your tax that gets transported back to the govt.
If you ever made enough money to file a tax return in your life, you'd understand why that also makes zero sense.