Today 2020 year
not 2017
not 2018
not 2019!!
And humanity has PoS, BFT and oher types of consensus..
Graphene, tendermint.. so many blockchain frameworks
Ethereum change consensus to PoS at 1th December..
Proof of Work is unfriendly to the environment and outdated technology.
And my question is..
Why you make another fork of bitcoin in 2020 year!??

1. This not an 'another fork' of bitcoin, this is an attempt to create new asset with new economical properties. I could use other code base, e.g. Eth one, or from one of the altcoins, so the emphasis is more on economics, not the programming. So I chose to use bitcoin code for this goal.
2. The goal is not technology for the sake of technology, even more, let me put it rather bluntly, other approaches (of consensus, infrastructure, programming languages, etc.) yet to have reach BTC success and adoption.
3. I lean towards PoW consensus, because this mechanics is the only one existing right now that is directly bound with material world through physical principle. In the end, if to extrapolate, PoW stimulates more efficient hardware, and more efficient technological process and faster chips, which moves digital economy forward. We share this evolutionary approach with bitcoin.
4. Miners get coin for spending real material resources that cost traditional money (GPUs, ASICs RnD and making of them, electricity paid in yuan). But to compensate for mining costs they have to sell mined coin. This allows for the distribution and rotation of the coin, helping with fair pricing, material world connection and liquidity.
5. You've asked great first question. I'd like to send you some BGL coins as a bonus for it (if you have BGL address, please send me). There is hackathon going for next 2 days, we should have wallet software updates hopefully, if you don't have BGL address, come back in few days
