I explained this few times. Will try now to compress it down to few words.: The best money are those totally useless for another purpose. The best money-maker mechanism is the one incapable of doing s.t. else. Thus money AND money-making utility maximized.
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That makes no sense to me. Are you talking about Proof of Work in specific here? I'm not arguing how Proof of Work must work. I'm arguing that Proof of Work is inherently wasteful because of how it must work and that once any hashing algorithm produces ASICs then it is pure waste without even beneficial side effects like with GPU mining.
ASICs produce a lot of heat, waste and my argument is anti ASIC not even anti Proof of Work.
PoW is the least wasteful governance algo. ASICs are the most efficient PoW hw.