Ethereum first began with a massive 72 million ETH premine. It’s a premined and centralized scam.
Ethereum launched with 12 million ETH for the developers, and 60 million ETH for sale as an “initial coin offering” during the presale. They purposely misled investors by suggesting merely 12 million gifted premine and ignoring the 60 million that they sold. Misleading total supply graphs in their prospectus. https://www.reddit.com/r/Bitcoin/comments/x0i8ts/comment/im8j35n/?utm_source=share&utm_medium=ios_app&utm_name=iossmf&context=3 Reposts especially
