[trompetenaccoun]

It was mainly "sponsored" by the ICO, i.e. crowd funded. I see your criticism as generally valid but the facts are upside down in that comment. Ethereum was neither founded nor supported by evil corporations, on the contrary for years the established mainstream lobbied against cryptocurrencies until one by one they flipped when they realized what smart contracts could be used for. Take someone like Warren Buffett, he's still doing it even now.

Ethereum and the crypto space are at a crossroads for sure. You have chains like Monero on the one side, many in the Ethereum community walking a tight rope trying to balance grassroots free software development with mass adoption, and on the opposite end of the spectrum you get stuff like Solana, the venture capital bro chain.