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by jl2718 2403 days ago
Let’s be clear about the problem with ETH. It has a 60% pre-mine, and the next 35% of the mining was done by just a small subset of the same people. Only 5% of the supply was ever “up for grabs”. A currency requires highly-decentralized float. ETH will always be speculative.

Other than that (fatal problem), its a great technical project.