Has SQ1 considered investigating a resource based economy, where tremendous resources are not wasted in the efforts of currency creation and transaction processing,
Without proof of work Bitcoin wouldn't be as safe and resilient (decentralized and without double spending) as it is now. There are alternatives however (proof of stake or proof of burn).
and instead are used intelligently for the benefit of all people?
This sounds very naive
Define "intelligently", "benefit" and "all people".