Proof of Snake is every 'whales' dream, where they get to control everything. None of the elite anywhere on earth want POW, it puts too much power in the little guy. POS puts all the power in the whales, where the 'elite' think power belongs.

Funny that POS is even accepted at all

POS is oligarchy, where only the rich make consensus decisions, where any rich guy with +51% can take permanent control of that coin, which means that if POS became standard over time all crypto's would essentially become cartels.