/biz/ - Business & Finance

When Ethereum PoS is successful and works well, it will put big pressure on BTC to stop wasting exponential amounts of energy.

Will BTC adapt to a PoS algorithm? I'm sure Satoshi's vision wasn't for bitcoin to waste a substantial fraction of the Earth's energy.

So someone will fork BTC to a PoS algorithm. Those of the miners who didn't dump their rewards to fiat immediately will be able to stake their coins and receive rewards without paying huge electricity fees. So they will probably dump their gear on the BCH miners and switch to PoS.

The question is, will the world accept a PoS BTC fork as the true coin? Or will BCH do this huge step to avoid becoming even more obsolete?

Otherwise, I think there'll be a huge backlash against BTC (and BCH) if they continue to waste energy while ETH shows how it's done without. So either BTC will adapt PoS too or ETH will eventually become the market leader.