In both cases there is a limit to participation by the flawed design.
To be more sustainable and democratic the algorithm should allow everyone to participate without limit
and not favoring persons or entities with more money, otherwise is not better that the current fiat (financial) system.
I hope that sooner or later someone will find a better algorithm and protocol that will achieve this
but until then we have to live with what we have.
I liked you're reply. Thanks! Isn't there anything at the moment that similar to BTC but that has transaction acceptable for day to day use (like in a second or something), and that doesn't need an ASIC to be validated, but the computational power of a good phone or a normal pc, with a random reward? So big companies will not be that interested in the validation process if everyone could validate transaction just having their phone turned on that they have anyway btw
Hello it seems there are some project trying to address this issue.
I have heard about this few months ago but i forgot about it.
chack this
https://bitcointalk.org/index.php?topic=5521916.0or this
https://www.minima.global/from their claim is possible to run mining on any device even mobile phone.
don't know what effect could it have on the device.
Maybe is worth to check.