Doesn't the same hold for PoW systems, except the X amount is in the form of mining resources? This is why people argue PoS blockchains are (besides being more eco-friendly) actually more decentralized.
>Doesn't the same hold for PoW systems, except the X amount is in the form of mining resources?
That's not as true as I would have thought. Surprisingly, a single person can have a profitable mining setup on Bitcoin today. It might only be $10 USD per day profit, but it's something. To me, that is an achievement.