Don't tell me the current Satoshi proof-of-work is any where near a fair, competitive free market distribution scheme:
Remember ZIRP-pusher Larry Summers (the same guy alleged to have gone to Russia after the fall of the Soviet Union to arrange the transfer of nationalized assets to newly anointed oligarchs), is on the board of 21 Inc.
As an example of the potential power of its pool, 21's mining operations generated approximately 5,700 BTC in 2013 and 69,000 BTC the following year, according to the document.
By the time its chips were to be embedded into Internet of Things (IoT) devices, 21 projected its cost to produce 1 BTC could be as low as $7.45.
So we pay $600 per BTC, and 21 Inc. will pay $8.