Quote from: DannyHamilton on August 04, 2013, 03:50:32 PM

Quote from: madmadmax on August 04, 2013, 02:13:15 PM

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the Bitcoins would be premined the same way they currently are.
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it is completely artificial and arbitrary with most of the values being modified by the selected few that own the bitcoin.org domain, the algorithm that controls the amount of Bitcoins created through time is also completely arbitrary.
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I suggest you take some time to read the Satoshi White paper and attempt to gain a slightly better understanding about how bitcoin works before you waste time saying things that don't make any sense.

The Bitcoins would be mined by the person looking for the service and put up as bounty, what is so hard to understand? Why is this thread like a magnet for fools/trolls lol...