Post
Topic
Board Beginners & Help
Re: Wouldn't it be more fair if the bitcoins were shared equally?
by
ronenfe
on 20/02/2013, 20:28:46 UTC
Ok, I want to ask a question, suppose you and 99 other men are living in a different planet, until now you trade things.
Suddenly you come with the idea it will be easier to use money instead of trading, everybody agree with you.
You all decide to create 1000 coins, now you want to share the coins between all of you. how many coins each one will get and why?

Now suppose that the coins you decided to use had to be manufactured in an expensive process to prevent counterfeiting. When this became known 95 of the 100 people involved decided to not bother. As time passed more and more of them joined in and worked hard to create more and more coins.
Now some guy in the 20 who never bothered working for it decides it would be more fair if he gets a cut out of the work everyone else did "just because".
First of all, I have never said people should give their coins after they had them, I said that originally it should be equal share.
This is not the case here, the work is invented in purpose and could be avoided. In any case lets say that only 5 people willing to participate.the 1000 coins should be distributed between the 5 people that wanted to participate, each gets 200 coins. How will they decide the value of each coin? I think they will have to experiment with it until it's stabilized. later comes another one that wants to join,  they can create him another 200 coins.