Quote from: AgentME on July 16, 2013, 12:35:48 AM

Quote from: biaka on July 15, 2013, 11:46:24 PM

Quote from: Online24o0n on July 15, 2013, 10:55:30 PM

Quote from: biaka on July 15, 2013, 07:45:48 PM

Has it ever been proposed before?

We have a universal coin, Its called BitCoin

Sure, but topic is not about BTCCoin here.

Imagine people in undeveloped countries? They will never be able to mine BitCoin.
What they do have is some older machines still capable to mine, so they could get some taste of Freedom.
Also, I really like a few ideas of others to create coin where with older machine solo mining is promoted and new people get some incentive just as they start to mine.

Mining isn't the point of bitcoin. Most people who use the dollar will never get to print their own dollars either. That's not exactly a flaw.

yeah but if only an elite circle get to mine then its no better then the fiat elite who print the money? no?