I don't think you really understand bitcoin.
Oh is that so? How long have you been around? What kind of coin development work have you participated in? PLEASE try me and let me spank you in public like the child you are.
If it were just about capital, it'd be switched to proof-of-stake instead of proof-of-work.
Well clearly you have all the solutions and we should just do what you say right? I am certain there are absolutely no dynamics in the PoW system that you don't understand now are there?
Rather than being trolling in your comments, why not argue logically? I was playing as a victim, I was explaining what BTC actually is.
If you have arguments with proof-of-work or proof-of-capacity or have problems following the abstraction logic, be clear in the articulation of that instead of just posting trollish responses.
I have been arguing logically, you just don't like the fact that I totally dismantled your premise, therefore your only option in the lack of any argument is to claim I am trolling and ignoring logic.