Quote from: Thingamajig on April 22, 2015, 12:58:24 PM

True. Doesn't mean to say fair distribution isn't a massive priority on the release of a new coin though - in fact it's absolutely, 100% necessary. (Even though as time passes, the fairness of distribution will mean nothing once wealthy people start to accumulate large sums)

It is not however a means to an end. You're right in that people are mostly in the crypto markets for personal financial gain - they're also into it for less then legal reasons, money laundering, illicit trade. As much as i don't want to say it; this is reflected upon bitcoins rise to dominance (And the popularity of anon coins), which was entirely enabled through the deep net and all the nasty trading going on there.

Fact of the matter is, not only is a fair distribution massively important in the initial stages of a crypto, but also a crypto that appeals to peoples personal needs is a must too. And whether people here choose to admit it or not, the only real personal need most people want from cryptocurrency is anonymity to enable them to accomplish such underhanded tasks.

I believe this is sadly just how the crypto markets work. Truth is aside from legitimate investors, the real users are those with criminal backgrounds or with ill intent -- this is the current demographic of crypto users in the markets right now.

Very true Thingamajig! It's a sad state of affairs and I am sure Satoshi has been saddened by how things turned out.

Cryptocurrencies have proven that regardless of the distribution method (POW, POS, airdrops, etc) the end result will always be the same: the majority of wealth ends up in the hands of a few.

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