SimplestBitcoinBook on Nostr: ETH is a pyramid scheme as it was 70% pre-mined. The ethereum foundation dumps on ...

ETH is a pyramid scheme as it was 70% pre-mined.
The ethereum foundation dumps on holders whenever they want fiat.
The supply changes as often as the weather
They switched to proof of stake from proof of work, which means it is basically a money printer
It enables the majority of shitcoins to exist