/biz/ - Business & Finance

Reminder that ATOM is controlled by 15 neckbeard validators who live in their mom basement while extracting rent from token holders through dilution and grants.

>>55319491
Seems like the cartel is getting anxious they wanna rug pull ATOM asap, (Zaki is the guy who larps as cosmos founder and main face being the attempted 20% dilution and marko polo is one of the main devs and repo owners of cosmos github) ATOM is already dead united is the only way the community doesnt get fully rekt.

The cartel is real and they are scared of getting identified and named.

Look at this comment from the forum post you shared:
"My tldr on this topic is that validators choose nothing; stakers choose validators."

Gadikian doesnt even attempt to find an argument, he knows that validators fully control the chain but he benefits from such arrangement, he got a fat grant from the validator mafia and a big delegation from ICF he is literally funded by the cartel and one of the most obnoxious faces of it.
representative governance is the same reason why western democracies are dead, back in the days only white male property owners could vote aka people with skin in the game.