⭐ Merited by Kyraishi (1)
and minimizing transaction fees
Three words that show clearly you have no clue what you're talking about.
Transaction fees are determined only by one aspect if the number of transactions made by the users is more than the network capacity in that interval. PoS or PoW with 10 million people wanting to make on-chain transactions we will still see fees over 50$ for a tx.
the cost of mining the coins is one of the very reasons why the price of Bitcoin has been growing for the past 10 years and this can continue for a long time until 2140.
No, it's not.
The cost of mining or the cost of the entire network hashrate follows the block reward.
You won't see growth in the hashrate if there is no room for profit made by mining.
I'm sure that everyone will love dumping their POS-fork coins for more BTC.
Look at the title, welfare, it's obvious what the OP is thinking.
PoS for him is a solution for making money while doing nothing other than keeping coins in a wallet.
Too bad for him that free money turns out to be worthless money in the long run.