Quote from: ninjaskip on October 31, 2014, 08:26:18 PM

Quote from: HotHamHock on October 31, 2014, 06:49:06 PM

Has anyone bothered to read the white paper?
Or at least skimmed the highlights in shorter, punctuated points?

The white paper looks good,
now the highlights do look like a Bank's website trying to sell you a new product. Shocked

I can see what you mean, but don't you think that irrelevant?

When easy to digest information for the laymen is most effectively communicated in such a manner, could you expect the highlighted points, despite whatever motives of the author, to look any different than as "advertised" bite size pieces?

Quote from: Nagle on October 31, 2014, 08:42:23 PM

Well, the basic design, where the early adopters got tons of Bitcoins very easily, suggests it was designed as a money-making opportunity.

No, the timely reduction of the block rewards was structured in such a way as to create a smaller potential impact that newly minted coins could make on a fixed market size. Granted, it gave privilege to very early adopters (as do all technologies), but would you really prefer reversing the algorithm so the greatest rewards were yet to be distributed in a landscape like today of very few industrialized mines?