You guys are clueless as to Zcash not being able to succeed with a 11% block subsidy. Ripple premined 100% of their coin and they are doing quite well, Dash did too. Bitcoin was effectively "instamined" by early adopters. There is no way to fairly distribute any cryptocurrency. Then again, this being "fatal flaw" is being brought up by someone that insist they should include a backdoor for the government, so I will take anything you say about their business plan (and the fact that yours is so much better) with a grain of salt.
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Yeah you are so smart and TPTB is so dumb. Thank you immensely for leading your generation to the truth. Amen.
Note it was some where recently I wrote that all coins are effectively premined because the distribution is to speculators and not to the eventual mass adoption users (assuming crypto ever does make it to mass adoption).
Also my input has been entirely misconstructed by the dufus. He could read but refuses:
https://forum.z.cash/t/funding-the-founders-reward/205/5The salient points fly over this head apparently:
The issue I pointed out is just to make sure the coins are widely distributed (i.e. not concentrated into fewer HODLers). And to give time for the coin to be adopted as the coins are distributed, so that wide participation (and thus wide distribution) are achieved.
That is not free market price discovery.
Their current braindead plan isn't generous to anyone, not even to themselves nor their investors!