everheardofc

Except the entire point is that the demand sets the amount of money you earn and not your capability. You could be einstein in the sahara and yet still be stuck doing subsistence farming. The GP projects this demand based income as personal worth even though multiple income levels are possible which would imply multiple "worths". What you do doesn't define your worth. A system for rewarding and punishing somebody for good or bad work already exists. There is no need for some bullshit "value" or "worth" concept that is attached to the person.

Proof of Work is inefficient by design. The transaction speed of the entire network is equivalent to that of an average node. Adding more hardware increases inefficiency.

A centralised service like HN on the other hand could be designed to scale linearly with the amount of hardware resources.

Edit: Now that I think about it I wouldn't be surprised if someone makes a cryptocurrency based around "digging holes" keynesian style. I've even found a name for it: captchacoin.

Most dapps I've seen are literally pyramid schemes or gambling.

There are these things called speed of light and virtual memory. The latency of the physical RAM is completely irrelevant unless its embedded directly on the cpu