That's not true. The coins that advertise ASIC resistance have chosen algorithms which are deliberately stubborn to optimize with HW. In other words, inefficiency (=> high resource consumption) is an explicit goal.
I did forget about ASIC resistant coins. I think my general point still stands.
You're making a logical leap between intentional GPU/CPU coins and inefficiency as an explicit design goal. GPU/CPU coin developers are most likely true believers in a distributed security model. They could also own GPU farms or botnets. I highly doubt developers design cryptocurrencies while dreaming of squandering global resources.
You're making a logical leap between intentional GPU/CPU coins and inefficiency as an explicit design goal. GPU/CPU coin developers are most likely true believers in a distributed security model. They could also own GPU farms or botnets. I highly doubt developers design cryptocurrencies while dreaming of squandering global resources.