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Particularly since - per a Clubhouse call I lurked on - it appears ETH is heavily sequestered by a small number of whales, it appears to be increasingly inflationary, and if the call's participants are to be believed there are several difficult technical problems many, many months from being resolved. I lack the expertise to know how much of this is true, but I did think to myself after listening that XLM has none of these issues.

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> ETH is heavily sequestered by a small number of whales

And Stellar isn't?

Not a judgement, just a plain old question - it was my understanding that Stellar was an airdrop with large chunks to the founders, but my recollections are TBH vague.

The Stellar Development Foundation holds about half of the unallocated XLM.

They claim they'll use it in the following: https://www.stellar.org/foundation/mandate?locale=en (and they are a nonprofit so I assume they can't just sell it all).

> The Stellar Development Foundation holds about half of the unallocated XLM.

That's half of the answer :)

How much does Jed McCaleb, of MtGox fame, hold?

that is a good question I suppose. I was speaking strictly to the protocol and open ecosystem.

Ethereum will actually be deflationary in July. The people in that room seem pretty removed from what's going on in the Ethereum ecosystem.

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