Not as anything really other than an instrument for the rich to get richer and poor to get poorer. This is same as FIAT. You have not accomplished much anything really.
Proof of Work is doomed. Proof of Stake is the future.
Yes, let's just let all the rich people buy all the coins so they'll control the coin, but without the electricity costs.
Sounds like a wonderful and impactful change.
There is a new novel POS at work where even if you hold just one unit and stake you have a chance getting rewards.