Quote from: lassdas on February 19, 2013, 10:58:21 AM

And that's exactly the point, we need a way to publicly track transactions and that's what so called mining does.
Someone has to do the work of tracking transactions, if you don't reward it, noone will do it.

I did not dispute that those who process transactions deserve to be paid for their work and investment, but to say that they deserve nearly ALL the coins for being early adopters is like saying that banks are entitled to own all the money in the world because they invested in the infrastructure to handle and process money. They deserve something in return for services rendered, and the risk of investment, but when there's no fiat reason to use their Manhattan Chase Dollars, the market will reject that dragon's hoard and use a different currency, like the US Dollar.

The payment processors aren't doing useful work until actual economic activity takes place.

Quote from: lassdas on February 19, 2013, 10:58:21 AM

In a ponzi scheme those that come in early win, those that come in late lose, which is not the case here, those that came in early might have lost everything and those that come in now, or even later, don't lose anything.

Actually, it's the ones who are left holding a stake when the ponzi collapses that lose. There are only winners until that point. Then it crashes down. If you sell your ponzi stake at a loss, you're not as big a loser as the ones holding the bag at the final crash.

Quote from: Beepbop on February 19, 2013, 10:09:06 AM

He wants anyone to get an equal share, no matter if they did any work, or not.

He just wants a starting point, and that those who get more than one coin to actually have worked for them. In other words, somebody gave you coins for a service you created.
Distributed, not re-destributed.

Quote from: Beepbop on February 19, 2013, 10:09:06 AM

He's assuming that those that did the early work did nothing, which is clearly untrue.

They did not do any useful work until BTC were used for real transactions.

Quote from: Beepbop on February 19, 2013, 10:09:06 AM

He's also assuming that they somehow got rich doing that work, which is also untrue.

They either hold thin air valued at around 27 USD, or have sold their thin air for something more than 0 USD, so that's an infinite % profit on useless busywork.

Quote from: Luno on February 19, 2013, 11:07:10 AM

A lot of people put thousands of work hours into promoting Bitcoin and were reticuled by family, fired from their jobs and alienated by friends for constantly talking about Bitcoins and posting Youtube videos.

So the inherent value of a bitcoin is tears and wasted electricity, you say?

Quote from: greyhawk on February 19, 2013, 11:23:01 AM

That's like a vegan on a board dedicated to exchanging BBQ recipes.

More like a farmer on a board of breatharians.