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Can anyone explain to me how proof of stake makes any economic sense

Etherum Reddit

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So to me proof of work is what legitimized cryptocurrencies as it equated them pretty much to mined mineral where work to attain and scarcity are what kept their value real. But now that many cryptocurrencies including ethereum are moving towards proof of stake the whole thing starts to seem a lot like a pyramid scheme to me, can anyone explain why it wouldn't be considered as such?

submitted by /u/yolo_jeny
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