PlanB Calls Ethereum ‘Premined Shitcoin’ After Years of Criticism

Ethereum analyst PlanB has taken aim at the cryptocurrency, calling it a “premined shitcoin” in an online post. Following years of criticism from prominent crypto figure Vitalik Buterin, PlanB argues that Ethereum’s centralized design and variable supply schedule make it fundamentally flawed. 3 years after Buterin mocked the Bitcoin Stock-to-Flow model, PlanB criticizes Ethereum’s lack of fixed supply control and flexible monetary policy in a series of tweets. This comes as the cryptocurrency struggles to maintain any real momentum against Bitcoin.