Post
Topic
Board Altcoin Discussion
Re: rpietila Altcoin Observer
by
iCEBREAKER
on 01/08/2014, 19:43:02 UTC
Great, so those in the know got a massive advantage

Yes, those in the know always have a massive advantage.  That's life; get used to it.

It would be unfair to penalize those in the know for successfully utilizing their talents just to subsidize ignorance, laziness, and avarice.

Inequality of outcome is the most natural thing in the world (entropy and all that).

Equality of opportunity is an amazing innovation that potentially reduces/reverses the misery of Pareto optimality.

Do you support hunting down Satoshi and progressively taxing his stash of easy early coins?

Why not?  Wasn't it "unfair" that he was in the know and had a massive advantage?

Or is it a good thing that he was motivated to give the world Bitcoin perhaps in part by his enormous potential wealth?