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by nephronaut 750 days ago
This is surely the strongest point voiced. Most if not all subsequent chains pre-mined a substantial fraction then used proceeds to fundraise some cash and held the rest in reservoir Until they could keep dumping once listed. So any subsequent chain never adhered to the original principles of satoshi. And I have seen some funky shit with CEO’s that have legitimate seeming background but completely abused this. But here is the snag. Most early Pre-listing investors will love it coz they have gotten a golden parachute investment, and will defend the CEO at all cost.