"here is a revolutionary trustless system of currency, but you must trust a group of anonymous developers in the non-extradition offshore not to screw you with premine" and trust them to make immutable smart contracts 100% bug free to prevent scandals like DAO onwards, and trust shady mining cartels, and unregulated exchanges, and the shadowy cryptocurrency oligarchs manipulating prices, etc.

The fact is that this "revolutionary new financial system" doesn't remove trust - it just shifts trust to the less trustworthy.

Have you never used a block explorer, or do you just not understand how blockchain works? I fully agree there are weird insider deals based on allocations and premines - but that's all fully auditable, and if it isn't, that says all you need to know. You are applying the flaws of the worst examples across the whole technology AKA a strawman. Maybe you're just salty you could never take the risk required to make money on new tech and don't want to think of yourself as a Luddite.

I have fun staying poor, thank you very much, as your group likes to say. And since you have managed to learn a concept called "strawmen" (not applicable here, but anyway), you may also want to learn a concept called "ad hominem".

So please tell me, how does being auditable (note that "auditable" is very different from "audited") prevents creators from selling premine?

anonymous non-extradition seems like an irrelevant detail if node consensus is the entire extent of the contract

but the anonymous part does deter any social blowback

Exactly This. Why can people NOT see this?!