The major advantage of "proof of stake" was the ability for investors to stake their coins and earn passive income, as mentioned previously. However, the SEC scrutinizes all coins and the recommendation to store coins in cold storage. In some networks, such as Ethereum, the coins are locked, making it impossible to withdraw them. As a result, not only do you lose the benefits of staking, but you also risk losing your coins altogether. Michael Saylor's statement to Raoul Pal that everything outside of Bitcoin may be considered securities and face issues with the SEC appears to hold some truth. Thank you for providing an insightful article.
RE: Staying safe with Binance and other exchanges