I'm new to this. Why is a pre-mine so controversial?
The thought is that the coin dev will dump the pre-mine and leave the miners in the lurch because of a falling price.
It seems that controversy is becoming somewhat outdated, though, as newer coins now have 50%, 75% and even higher pre-mines.
If anyone was seriously speculating on this coin, they could purchase $250 worth and own a larger amount of coins than the Dev has. That renders the argument laughable at this stage of the game. However, there are a lot of negative people in the world and they need something to say, so this is it.
Ok I get it now. But this 2 per cent is not going to hurt the price is it?