Post
Topic
Board Economics
Re: Yes or No? Doesn't Bitcoin unfairly benefit early adopters?
by
Glorious04
on 07/12/2017, 10:43:37 UTC
Unfairly... I think this term doesn't fit in that situation.
The situation with early adopters and super growth that bitcoin demonstrated us is just reality. No matter if somebody bought bitcoins in 2010-2011 because of belief in the technology, or somebody bought because he or she saw bitcoin as a cool speculation tool, or somybody bought just for fun and forget about it for 5 years. It just fact that they bought.
So my congratulations to that early adopters.
That is if they kept their bitcoin up to this moment then congratulations to them but most of early adopters are now regretting for not keeping their bitcoin for long. Most of them panicky sold their bitcoin earlier for  fear the price would never rise or fear of losing its value. So it it just fair. No one kept, no one profited, those who kept, they have their profit.