What rules would you make differently?
A couple of rulesets I've thought of:
1. Each new wallet gets a predetermined number of coins (say, 50). Mining is paid for by transaction fees only, so coins are only added to the network through new people joining. This would be to fight against the early adopter billionaire issue (if you want to call it an issue). Downside is that I can't think of any good way to prevent someone from creating wallet after wallet and dumping it all to a single address.
2. Similar ruleset to what is currently in place, only there is no decrease in the 50 BTC bounty for each block found. This bounty would continue indefinitely, to help balance against the loss of bitcoins through lost wallets.
3. Bitcoins are given according to hashing power provided. This would make the currency highly inflationary for the earlier periods of adoption, and inflationary to some extent virtually forever. Say, for every GH/s of mining capacity a miner has, they are paid 1 BTC per day.
I am curious to hear why you would or would not rather have one of these rulesets. Or suggest your own. Note that I am not saying that any of these should be adopted, or endorsing them in any other way, I am just curious to see what other people have to say about them. I think the current setup is pretty dang good, except for the early adopter problem. It's too exponential of an issue to allow universal acceptance of bitcoins as a currency, IMO.
Regardless, thoughts?
BTC