I wonder to what extent is the price rise a bubble, and to what extent it's valuation of the potential.
Either way, the price fluctuates woldly as people try to do this scheme, but the company raised $15m and appears to be actively developing the tech. So whether it works(it appears promising) or not, they seem to be svidly trying
The fundraiser, of course, was a pre-mined altcoin.
Also, you point out that the announcement of the intention to premine ether ended up leading to the Ethereum project implementing a plan to premine ether and sell it at a known and predetermined rate?
Riveting conclusion, surprised more people aren't talking about this.
I for one don't buy into the "conspiracy theory" that our society is built on debt, and monetary and fiscal policy have been managed poorly such that capital can not be incentivized to loan. Instead, rates will penalize banks for not lending, as economists try to force staples like food and oil up to introduce inflation into the system as they have lost control on spending as well as flooring rate levels thus losing both measures to fix the problem.
If that were true, it would be bad.
All above was obvious satire