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Because they earned $ 1 billion with the Ether presale [0], and if the community gives a billion dollars to a non-profit, the non-profit ought to deliver a usab
by RjQoLCOSwiIKfpm 4y ago
Because they earned $ 1 billion with the Ether presale [0], and if the community gives a billion dollars to a non-profit, the non-profit ought to deliver a usable product from that, not hide behind some handwaving of why that's the job of other people.
If they deliver a usable product that doesn't prevent anyone else from also doing so and thus achieving decentralization.
But it would mean that they actually do their job for the billion they were given.
[0] Calculated with today's Ether price, based on: https://www.coindesk.com/business/2022/04/19/ethereum-foundation-holds-13b-in-ether-300m-in-non-crypto-investments/ https://www.coindesk.com/business/2022/04/19/ethereum-founda...