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   𝓼𝓮𝓻𝓪𝓹𝓪𝓽𝓱【ツ】☮(📍🇬🇧) (serapath@mastodon.gamedev.place)'s status on Sunday, 17-Nov-2024 06:03:38 JST 𝓼𝓮𝓻𝓪𝓹𝓪𝓽𝓱【ツ】☮(📍🇬🇧)

   in reply to

   @vegafjord @aral

   ethereum scamcoins?
   proof of stake is literally plutocracy.
   prof of stake means everyone who is already rich gets freshly printed money.

   distribution is concentrated and core folks ate firk believer in Futacracy, including Vitalik Buterin who said this is his religion.

   Countless people were and are still being scammed.

   It is a shadow government authoritarian structure with large companies like microsoft and investors like peter thiel in their core.

   Consensys is a core org