Quote from: MadAlpha on August 23, 2014, 02:24:29 PM

Quote from: Anders on August 21, 2014, 10:08:54 AM

So how is that fair?

How do you define the word "fair"? What would you consider to be "fair", and how would this "fairness" be measured?

I mean fair in the sense that bitcoin could function as a general currency. Money is like the blood flow in the body. If the money is too disproportionally distributed or being hoarded and squatted on too much, then that will lead to something similar to a cardiovascular disease where the blood is being clogged up and with too little flow to some tissue. A modern information currency has the potential to be much more efficient and inclusive than that.

It's also about power distribution. Will governments and populations around the world accept that the tiny percentage of people who own bitcoins today become super wealthy and the most powerful people in the world? Maybe, but there is a chance that some other cryptocurrency will dethrone bitcoin just because of its potential towards very skewed wealth distribution. Maybe even replaced by another cryptocurrency that's even more disproportionally distributed! (See my previous post about the cryptocurrency for the big traders.)