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Based on this, it seems to me that financial corporations didn't want to take the risk of decentralized crypto-currencies making them obsolete, so they decided

Based on this, it seems to me that financial corporations didn't want to take the risk of decentralized crypto-currencies making them obsolete, so they decided to create their own crypto-currency, one they can control...

komaromy 9y ago
Regardless of your opinions about Ethereum, its origins were decidedly non-corporate.
- avaer 9y ago
  According to Wikipedia it was started as, and at, a Swiss corporation, followed by raising a crowd investment. So it was a funded corporation before it was a cryptocurrency.
  - jacoblambda 9y ago
    however that swiss corporation is Ethereum Switzerland GmbH which kinda exists for the sole purpose of making Ethereum
    - cc438 9y ago
      It exists for the sole purpose of benefiting its investors and whoever may be behind any investment fronts used to push that currency. I wonder who they might be?
      - writtles 9y ago
        The Ethereum crowd sale participants?
- colordrops 9y ago
  That is the opposite of the truth.