Post
Topic
Board Altcoin Discussion
Re: [OPEN LETTER] to Thomas Nasakioto
by
jackjack
on 20/08/2011, 00:04:52 UTC
I read the thread you read, all it states is that 1.5 million BTC were mined in 2009. Are you saying that Satoshi is the only 2009 miner? Seriously? Come on...
Moreover, as NO FUCKING BLOCK was premined it is absolutely impossible to know how many blocks Satoshi did mine, and we just don't care because the point is that if YOU started to mine on 1/3/2009, you would have at least as many bitcoins as Satoshi
Mad not to be an early adopter? Don't say it's Satoshi's fault
https://bitcointalk.org/index.php?topic=37333.msg458441#msg458441

What does your post have to do with the fact that if Satoshi owns any amount as significant as the Ixcoin owner does (which is very probable), he could equally crash the market on his whim? How is the situation any different?
Satoshi might have such an amount if he was the only 2009 miner
Thomas does have it

There's always a risk of an individual owning a huge amount of a cryptocurrency, so what? Let's get back to the good old dollar?

We know exactly which blocks have been pre-mined by the Ixcoin creator and can track those coins. We can see if they are sent somewhere else than an address for a bounty. It’s transparent, and if he fucks up once, Ixcoin will be done.
I don't think tracking the outputs of 6000+ blocks is easy