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by casi 1887 days ago
Worth pointing out “initial investors” is anyone who sent 1 btc to the crowdfund back in 2014. It wasnt some closed off thing for vcs, anyone could participate. People just bought their tokens before the network started.
3 comments

Yeah, it's as if people who sponsored creation of Israel would be entitled to more than 60% of total Shekel supply—and I am sure most people would agree that it would not be a fair distribution by any measure.
Even worse than you think. Free tokens were handed out to select influencers. Does that sound like a bribe to you?

the best part, Vitalik freely admits this himself.

Percentages of BTC were acceptable also, so it was accessible to people with lower income / value levels.