Re: Why kids born in 2140 don`t get a chance to mine rewards?
A pre-mine refers to initial creators allocating themselves tokens before public launch -- before a protocol can be publicly mined. That clearly does not apply to Bitcoin.
This is what I wanted to say when I read his post. A coin can be pre-mined only before its release date and everything else is mined, not pre-mined.
Saying that a kid born 100 years from now will not have a chance to mine is pointless because it's like saying that a kid born at that time will not use paper money. It's true but what does that change?
I was born after the gold rush and I never had a chance to mine physical gold in Sierra Nevada. Do I feel like I've missed the opportunity of a lifetime? As much as those kids born in 2150 will
