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by freddiecoleman 1884 days ago
Read the business whitepaper to see what they are doing with the pre-farm.

https://www.chia.net/2021/02/10/chia-businesss-whitepaper.ht...

You are free to agree or disagree with the plan, but need to read it before coming to any conclusions.

1 comments

So the gist of the "strategic reserve" is that they will use pre-mined coins to bolster the company's value and enrich the shareholders.
Ore mine these days just means "we want to get rich off this first, and we don't really want to put any effort or resources into ensuring this. So we are going to allocate ourselves X% of total supply.

Satoshi had the decency to mine his coins alongside everyone else.