Ownership of the minting policy of any currency is ownership of the governance of said currency. By locking minting behind the gates of riches, you give those

Ownership of the minting policy of any currency is ownership of the governance of said currency. By locking minting behind the gates of riches, you give those same people a perpetual license to govern. They spread their tokens how they wish; they choose which projects live and die by their usage of currency. Because they are embedded in the minting process perpetually, their stack keeps growing. They can stake earnings and their stack grows at a compounding rate. With exponential growth, they create an accelerating divide between themselves and no stakers. The limit of this pattern results in a small minority owning a money tree which allows them to feed scraps to the innovators, creators, etc and decide who lives and who dies. With that money, they also have the influence necessary to dictate what core devs work on. A lot more to say but the summary is: I am not sure if Vitalik is talking in bad faith (he seems genuine and honest) or he is just naive (he became rich very young and doesn’t seem to be connected with reality). It seems to me he has a surface level understanding of freedom, tyranny, poverty, wealth, etc but a deep technical understanding and he is only focused on achieving the technical goals. This is very dangerous.