Interesting take. To summarize, you believe that speculators manipulate markets and prices decouple from value because self interested parties force it to communicate information incorrectly?<p>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?<p>Riveting conclusion, surprised more people aren&#x27;t talking about this.<p>I for one don&#x27;t buy into the &quot;conspiracy theory&quot; 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 <i>not</i> 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.<p>If that were true, it would be bad.<p><i>All above was obvious satire</i>