Quote from: Coincrazy on April 14, 2013, 03:01:44 AM

Quote from: Qoheleth on April 14, 2013, 02:03:03 AM

Quote from: Luckybit on April 14, 2013, 01:58:02 AM

The problem with the current system (not Bitcoin) is that we have different rules for different players according to family. Bitcoin actually helps solve this problem but introduces the early adopter issue, but I think having early adopters is better than family currency.

How does Bitcoin solve this, though? If your early-adoptorship gives you more money than you will reasonably spend on yourself in your lifetime, then your children inherit it - they gain the initial advantage according to family.

Seems to me that the initial redistribution of a new economic system doesn't change anything about dynasties in the long run. That's a human problem, not a protocol problem.

Well said about amazing riches, lifetime and inheritance.

Just add the following to what you said
".......Seems to me that the initial redistribution of a new economic system doesn't change anything about dynasties in the long run. That's a human problem, not a protocol problem...." AND the initial distribution graph was kept absolutely steep at the start and soon after start so that the early on guys old be really really mega rich in the process. So the graph was built that way on purpose and not by any accident ....

If you add that you will come closer to revans original point !!! Probably look almost similar

(# of Blocks with reward /reward) * satoshi client transaction fee = 42