The cryptocoin world has a serious philosophical question it needs to address and that is the subject above. We have seen throughout history that inequitable distributions of wealth or power always results in oppression of some form or another. This is a natural consequence of the territorial nature in the human species so if we plan to fix anything with cryptocoin, we should not leave out the opportunity to discourage the aspect of human nature which is at the root of all the harm in the first place. If we don't, we just exchange one evil for another. How so? Let's assume bitcoin begins to be accepted as a store of value but its distribution and access is poor. Without it being in the hands of the vast majority, that value will either become irrelevant over time or another source of domination. It will fail to achieve its main purpose of a fluid currency with either scenario. Sadly, this argument applies to just about all the cryptocurrencies so what is a better solution? I don't have an answer but because I've pondered this issue longer than most, I know the direction we need to take and that is why I am introducing this thread with the hope that the more thoughtful and altruistic among you will participate. We need a coin that has disincentives for dominant mass accumulation and we need a coin that is accessible to all. These both can be achieved in many ways and this thread is designed to put these suggestions forward for discussion.
I know of one coin [I won't mention the name] that is extremely 'altruistic', accessible to all, and has an extremely low buy-in price (3sat).
The coin supply is
unlimited, anytime you do something good you get an arbitrary amount of coin. In the absence of actual, or at least perceived scarcity the true value will plummet.