FUCK BITCOIN

i just explained that you dont, gfd, can you even read?

I'd rather have people invest actual money instead of virtual money to generate coins

First off, the fees aren't taxes. If it was a tax, it would be equivalent to a delayed income tax. You are just taxed when you use the income.

I've read casually about cryptocoins for years, occasionally even searched around specifically for such a thing, and I've never heard the slightest mention of an inflationary cryptocoin.

RRRGH! I just want a decentralized, anonymous, physical/virtual substitute for cash, not some inane kike casino with a side-order of energy waste. It could be pegged directly to a fiat currency for all I care.

Guy its clear that I don't follow hardware that closely. Thank you though for telling retarded posters to fuck off/lurk more. We don't have enough of those atm with all the extra cuckchan users flooding in lately and I appreciate it even if my posts are not apparently the most well informed.

Proof of stake systems, kike casinos as you called them, are energy efficient. They're also fundamentally unsound, with too many attack vectors from even self-interested parties.
Proof of work systems are the only functional way to do anything like what you want that we've found thus far, and their nature is to be "wasteful", that's pretty much the whole point of it.
That's why you build on that secured base layer with technologies that can scale, retain the same guarantees and avoid settling on that less efficient base layer for as long as possible. That's what we're seeing now with the Lightning Network and other cool tech like it.

why not make a proof of work algorithm based off of robots digging holes? that way actual work gets done instead of just generating useless heat calculating sha sums.

and what would the proof be for your proof of work idea?

dirt
proof of dirt

So how do you measure it? Is it by mass, volume or by picture?

Let me clarify: it would be transported via conveyer belts, weighed, and separated. The dirt is then returned into a separate hole dug by additional robots on the other side of the processing mill. In effect, one cluster of diggers will be digging a hole while the opposing cluster of diggers refills it. During processing, any miniscule gemstones or precious metal flakes are separated, collected, and sorted/melted down by the mining corporation in order to maintain the lowest possible transaction fees. I hereby present to you: DIRTCOIN.