between all the people?
I don't see the reason why a few people who were the first could gain a big share of the coins and people who want to buy coins now have to pay for them. and why would people will cooperate with such system.
I mean I only heard about this today, I would participate earlier if I knew about it.
Thats were comunism failed. We are not all created equal, some people have ideas, some dont. Some have seen future in this project, rest didnt care. So the one who were early adopters should be rewarded because they made it available for others.