Tokens that have a central issuer from the start have lots of hidden centralization debt that will come down on them eventually. It creates a false sense of scarcity when the scarcity is actually cause by a single entity having control over a hidden majority of supply.
Discussion
I'm just not interested in cryptos with the potential for any dilution of supply, the reason I'm so passionate about Bitcoin is the censorship resistance AND the predetermined and set in stone supply schedule.