Post
Topic
Board Beginners & Help
Re: Wouldn't it be more fair if the bitcoins were shared equally?
by
ProfMac
on 19/02/2013, 00:24:17 UTC
Well, when you create a system from scratch it should be created fairly. they could also get 99% of the wealth and leave the 1 percent for the rest, would you still agree with that?
And people here talking about communism are mistaken. I'm talking about an equal starting point.
I know it may not be practical, but maybe it could have been thought.
It's like when you play monopoly, you give each one same amount of money.

So from what I understand the system is based on the idea that the earlier you start mining the richer you are going to be? and it decays exponentially?







That is a half truth.  The new coins from mining drops.  However, the revenue from currency trading will increase.  Also, the revenue from the miner's fee will increase as the volume of transactions increases and the rate of block mining stays the same.