What to make of this comment?

In the cryptocurrecy subreddit in one of the posts, someone posted this about Kaspa. I copied it.

"Kaspa appears to be an insider scam launched by insiders with Bitmain and Genesis Mining. They claim to be "no premine" and "fair distribution", but they emitted like over 90% of the total money supply in the first two years of existence, and somehow Bitmain magically had ASICs ready to sell like 18 months after launch (and everyone knows Bitmain "tests" their hardware before they actually start delivering it). So you have big miners backing or investing in this "no premine fair distribution" project that mines all the coins in the first year or two and they don't start delivering ASICs until after 80 or 90% or all coins mined. And they somehow have money to get listings on every big exchange and do marketing bullshit. It looks like an insider scam masquerading as something it's not, and it will crash because of that."

Edit: I know it's bs but the fact that this comment got so many upvotes baffles me.