ETH: The Never-Ending Ponzi
Ethereum was never about decentralization it was about enriching insiders. Pre-mined supply, constantly shifting narratives, and a roadmap that never ends.
• Pre-mine Ponzi: 70% of ETH was pre-mined for insiders. Bitcoin? 0%. Fair launch vs. VC pump-and-dump.
• Moving goalposts: First it was “World Computer,” then “DeFi,” now “Ultrasound Money.” Whatever keeps the hype alive.
• Centralization: Staking is dominated by a handful of entities. Vitalik and the devs can change the rules anytime.
• Infinite supply: They said ETH was deflationary. Now fees drop, supply inflates again. Trust the code? Or trust the manipulators?
Ethereum is an ever-evolving scheme to keep early insiders dumping on new buyers. If you want real decentralization, there’s only one answer: Bitcoin.
