Show Posts
My interest in Eth ended in January 2014 when they pre-mined it before the code had even been written. That shows how centralized that coin is and controlled by a few scammers around the world.
I just spent half an hour looking for my post calling them out on that but I can't find shit on this board anymore.
There were several of us who felt the same way at the time and refused to buy into that crap.
Too bad. We could have made a killing. We were offered a chance to participate in that pre-mining orgy by investing bitcoins toward dirt cheap ethers. Not wanting to dirty my karma, I refused the offer to buy ETH for pennies.
_____________
What's ironic about that talk in 2014 by Vitalik Buterin that revealed his plans for Ethereum is that it occurred at a place called "Bitcoin Decentral" on Spadina Ave in Toronto.
It started as a place for Bitcoin enthusiasts to gather, drink beer, hold meetups, and share ideas. It also housed Toronto's first Bitcoin ATM.
Not too many months later the leaseholder, Anthony Di Iorio, dropped the word "Bitcoin" from the name, pulled up stakes and moved up the street to an upstairs location above a pizzeria. There were no more meetups and beer. They were replaced by rows of desks staffed by Ethereum developers.
The BTC ATM at the top of the stairs did a booming business despite the fact that fees were higher than at another BTC ATM a half a block away. First mover advantage I suppose. When I asked Anthony whether he was reducing the fees to compete, he coldly replied that he had no intention of doing that and he even increased his fees slightly, saying there was nothing stopping me from going to the competition. Long gone was the commitment to developing a Bitcoin community. It was all about greed.
Decentral, my ass.
