> no purpose other than to enrich the owners of the various casino fiefdoms who issue those tokens That can be argued for coins with premines (such as all PoS

> no purpose other than to enrich the owners of the various casino fiefdoms who issue those tokens That can be argued for coins with premines (such as all PoS coins), but PoW coins with no premine or instamine or dev tax, where all coins go to miners, offer no financial reward to the coin creators. Such coins are rather rare though. And ones that do not handicap later miners relative to early miners even rarer.