PlanB, Bitcoin Stock-to-Flow Model Architect, Criticizes Ethereum as a ’Premined Shitcoin’
In a recent statement, PlanB, the anonymous creator of Bitcoin’s widely cited Stock-to-Flow (S2F) price model, launched a scathing critique of Ethereum, labeling it a ’premined shitcoin.’ The remarks have reignited debates within the crypto community about Ethereum’s foundational distribution model, contrasting it with Bitcoin’s decentralized mining process. PlanB’s comments reflect ongoing tensions between Bitcoin maximalists and proponents of alternative blockchain ecosystems, particularly around perceived centralization risks in Ethereum’s early token allocation.