Ok let me try to explain it.
POW is very heavily work-incentive. Bitcoin was the first cryptocurrency right? And that came with POW, they are burning a lot of electricity and other resources for building the mining computer centers. If you compare that with DPOS, that initially could basically run on minimum 20 raspberry pi's, if you dont know what a raspberry pi is then here it is:
(Image not shown due to low ratings)
Images were hidden due to low ratings.
Ok, agree... Creation and distribution are more or less the same as coins are distributed at the time of their creation. But there is nothing hard. Gold and silver can survive global catastrophies like wars, pandemics, but Bitcoin... It needs worldwide connection to operate, let alone the huge computational power requirements
I don't care much about the shape of the earth, I used "global" as something that affects entire world. The point is that there is a scenario in which any cryptocurrency might seize to exist. For example imagine that the operational costs for running a Hive node exceed the potential profit and witnesses decide to shut down. Then Hive and all hive-engine tokens will disappear into thin air where they came from. Something that is not possible for "hard money" as gold
Ok, noted about the terminology ;)
As for the game theory - it's just a theory ;) needs proofs. I've heard fairy tales from the top witnesses mostly about Steem quick death and Hive rising after the hardfork but none of them proved true
I think I floated away from the topic sorry about that. And thanks for the upvote, I'll check LasseCash community
I guess many others waited to see how the Hive will work, before actually switch to it.