Quote from: dannyman on September 08, 2016, 01:24:37 PM

Quote from: LiQio on September 08, 2016, 01:03:50 PM

Quote from: dannyman on September 08, 2016, 12:55:07 PM

Quote from: glerant on September 08, 2016, 11:19:10 AM

Quote from: LiQio on September 07, 2016, 07:11:31 PM

Quote from: durerus on September 07, 2016, 05:45:01 PM

Quote from: EpyxZ on September 07, 2016, 05:24:12 PM

Quote from: danel on September 07, 2016, 10:09:43 AM

And this also design for the rich people, the more btc you have the more byteball you will get.

Yep great idea but as I am a poor person I will end up poor during swap. poor is poor and rich is rich. Kind of pointless to give those who have LOADS of btc more free money. But thats how its gonna work

But it is an elegant way to solve the problem of initial distribution. You can always buy on the market later, if you see higher potential and want to invest money.

It's not so elegant if you look at some of the biggest players and their behavior.

I agree. It may be a simple method of distribution but it will lead to a grossly iniquitous distribution.
It won't even result in the tokens ending up with enthusiasts or building a community of passionate advocates.
So...... I'm out!

Nonsense. Bitcoin distribution is by far the most extensive distribution in crypto....why do I even have to say this? Sure some whales will get more but they will get more of a much cheaper coin and what many here would define as a whale really owns only .01 of Bitcoin. The massive whales like Satoshi wont even participate. Anyone who has like 10million dollars in Bitcoin is likely to not bother, likely to not even see this offer and likely is enjoying snorting cocaine in a club somewhere to be trawling through this form.

Bitcoin has a very good distribution fact....please no more arguments about that. People think NEM had a great distribution with like 2,000 accounts lolololololololololol

What if just a couple of "whales" do participate? What will their agenda be?

define whales. Do you mean someone might be able to own 2% of the coin!!!!! WOWOW like that doesn't ever happen.

The question is can anyone crash the Bitcoin market....yeah....but not by much and they would lose financially to do so in most cases. I admit if very few people participate and then one whale does it could be loppsided but like I said that is common in crypto anyway. I think the goal of the developer is right ie get as many people as possible to own it, he didnt say anything about striving for some egalitarian utopia.

It is very likely that one or few entities will end up with a huge part of supply. Let's say a mining company links a couple of thousand BTC to their share.
How many percent of total supply will they control (for free btw.)?