No premine is fair.
Bitcoin was not created by someone who wanted to make a quick buck. Bitcoin was created by someone who wanted an alternate system for digital money and transactions.
Anyone who creates an alt coin for the purpose of getting a profit has dubious motivations.
Yes, maybe the bitcoin was not created with the purpose of making a quick buck, but let's be fair, a lot of people got rich with the bitcoin. A lot of people that are shouting that all premine is bad got rich by just pointing some hardware to the network on the early stage and sit on their asses. Yes, everybody want to make a quick buck, to think that someone will do something only for the good of the humanity is just plain silly. If this is the case, then why everybody is buying ASICS? To see a better world? And is only fair that the developer will benefit in some way from his work.
When bitcoin was launched, almost nobody knew about it, and the core team was mining a fair share, and this is fair. Now, when a new coin is launched everybody with launch at it massive computing power, and so the dev, to make something out of it it will use some tricks to have a fair share. Again, if you think that someone will spend countless hours of work just so some guy with a powerful rig to make a quick buck you need to think again. What if the guy that developed the coin has just a normal GPU and is generating maybe 400 kh\s on scrypt, you think that he will work just for someone else to get rich? No, he will use tricks to have his fair share, and everybody will scream on the forum about orphans and other problems
Did you even read what I fucking wrote?
The problem with fiat currency these days are because they're controlled by people who want to make money.
A good alt coin
exactly needs someone who donates their time to an open source project. They may be rewarded, but they need to play by the same rules as others.
Why do people contribute to OpenOffice?
Why do people submit patches to Linux?
Because they want to make a quick buck? No!
But that doesn't mean you can't make money off something like bitcoin. Think of it as offering support contracts for Linux.
This cryptocoin movement is no ordinary opensource movement. Yes, they donate their time to contribute to OpenOffice, but if the OpenOffice will sold and the guys that are selling the OpenOffice will make millions and the developers that have donated their time will have to rely on the generosity of that guys, and possibly getting nothing, i don't think that it wil donate their time anymore.
Until now every coin had some sort of premine. Bitcoin had his premine, because at the start was only a handful of people knowing about it. The guys that are mining are making a quick buck, but the same guys want the developers to "donate" their time so they can make the money. Is this fair? Is this fair to donate your time and others to get rich using your work? Because if this is the fairness of the cryptocois, that some guys to "donate" their time and work hard while others will sit on their asses and make a quick profit, it will fail just like the communism.
And just for fun, who is here just to make a better world and they don't want any profit, please rise your hands and donate all your cryptocoins (bitcoin, litecoin etc.) to charity. Then I will believe it. But this is not the case, because even you are here to make a profit, but you are upset if some else is doing. Is normal, because this is the human nature.