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How has the transition to PoS gone so far?

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Been researching (and adding up my stake in) XMR and BCH, but ETH is catching my eye a bit more. However, the previous two coins are proof of work, which I think I understand the pros and cons of well enough. Proof of Stake on the other hand, has me getting pretty mixed feedback and I'm not sure what to think, as there appears to still be much uncertainty about the pros/cons of PoS vs PoW. From what I gather, some thoughts are

Pros:

-More energy efficient (not inherently a bad thing to use a lot of energy, but a lot of energy was mined in China which uses less clean sources such as coal or natgas)

-Faster (Lower time complexity and all that)

-More scalable (as less computation power is required, that means it can run much more smoothly as ETH is something of an investment rather than something backed by computation)

Cons:

-More beneficial to centralization and the rich by the model (though I will note this arguably applies to PoW, as any oligarch who wanted to take over could pay someone with technical expertise to set up their own rigs and pay them a commission, or something like that) allowing potentially for censorship and coopting whether by force or by a 51% attack.

-Less secure (validators could be bribed?)

-More threatened by censorship than PoW coins (I for one think government has no role to play in the creation or regulation of money and that no man should have control over it. In other words, I support the separation of state and money for the good of the masses)

Mixed/Neutral:

-Still has high gas fees(?)

-Use case is DeFi rather than outright cash (though in theory, perhaps it could be used for that as well? BCH is trying to get into DeFi as well from my understanding, so perhaps ETH could do something in the other direction)

Is this correct? Are the cons overstated? I know less about PoS and ETH + DeFi in general than I do PoW or the coins mentioned above.

All feedback appreciated.

submitted by /u/LordIgorBogdanoff
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