...and waited, and waited, and waited until someone issues the same concept coin before him. In these days every minute counts, look how many coins are appearing everyday. That's the paradox of a new technology: to make an ideal distribution you must invite a lot of stakeholders on the list. To invite a lot of stakeholders, so no one complains in the end (but there still be someone, believe me) you must have time... but technology never waits and you risk losing your innovative position.