Earlier quoted context omitted.
You need some proof of work to prime the pump for proof of stake. Otherwise, you have no security because there's nothing at stake. Now that we have plenty of proof of work completed, we don't really need any more. You can bootstrap your new coin by burning Bitcoins as a provable value sink to get it started on the path to POS.
Did Ethereum end up moving to PoS? How did that work out?
Like everything in tech, the devil is in the details, algorithm details in this case, so far it seems to be working out just fine.