What's all this talk about early adopters taking "risk?" If anything, people nowadays are taking more of a risk with current prices of bitcoins.
Early adopter wants 10,000 coins a year ago? he sells someone a pizza.
Thanks, I agree with this notion.
CPU mining for a few weeks was not taking a risk in any real sense, so please, let’s stop with this myth.
The more time in the Bitcoin world passed, the riskier everything got, due to Bitcoin’s value increasing, of course. Bitcoin viruses, MtGox, MyBitcoin etc. never were issues in the past, but newcomers see themselves confronted with infrastructure that is insufficient (and also the Bitcoin client), and they may not be aware of it.
The people who take risks are those who are using the infrastructure, investing fiat, buying rigs, building businesses etc.
Satoshi is like a gold miner who goes mining without a pickaxe and then bringing 5% of all gold ever to be in existence home with him. Crazy to think about it, but the complete inelasticity of the inflation rate makes it possible – tens of thousands of people are now competing for the same supply Satoshi and early miners had.