Post
Topic
Board Bitcoin Discussion
Re: Bitcoin became valuable because it's failed at fair distribution?
by
simpleIPaddress
on 29/07/2019, 14:41:17 UTC
I know your view is unpopular, and as a Bitcoin person myself, I agree with you, that it's really difficult to genuinely think of Bitcoin as having succeeded as a fair distribution coin. I think it's more accurate to say that it is the one with the least unfair distribution -- but .....

Bitcoins situation is difficult. There are a lot of 'shalecoins' https://bitcointalk.org/index.php?topic=5134441.0, coins with no owners, which will be 'fracked' when quantum computers exist. Maybe after a very long time, but it will happen. With that knowledge, the big money can't come to Bitcoin. Imagine a Bitcoin price > 1,000,000 $ and then coming in millions of new coins. How will that work?
Therefore, it would be better, if Satoshi looked for ways to distribute this 'shalecoins'. Even moving the coins to P2PKH addresses would help them being quantum secure.
Maybe Satoshi created the greatest prize competition https://bitcointalk.org/index.php?topic=5150688.0
Maybe Satoshi created the greatest prize competition and the privatekeys are somehow within the blockchain.
or Satoshi wants quantum computers to be developed and these coins will be their reward.

Support us, support Bitcoin.