Bitcoin has an unfair advantage to the beginners too though. Although not created out of thin air, it's similar to a ponzi scheme. Early adopters could mine easily.
Bitcoin has an unfair advantage to the beginners too though. ... Early adopters could mine easily.
Just like with real gold, new tech, actually like with any new business trend. Those who first have advantage over those who come later. Don't see anything bad in that. And ponzi scheme means that those who come first receive money of those who come later. That is not the case with bitcoin. You could start mining even now without paying anything to those who start earlier.
Those who find a will to overcome the fear to be first, receive a keys to the gifts of fortune. I think it is fair.
Bitcoin has an unfair advantage to the beginners too though. Although not created out of thin air, it's similar to a ponzi scheme. Early adopters could mine easily.
untrue, Satoshi made it public 2 months before mining started, so anyone could have started mining on day 1
Is Satoshi even real?
Of course. Somebody wrote the concept and code. Whoever did that, he/she/they is/are Satoshi. Concept and code can't appear out of thin air.
Could an intelligence agency wrote the code?
Just like with real gold, new tech, actually like with any new business trend. Those who first have advantage over those who come later. Don't see anything bad in that. And ponzi scheme means that those who come first receive money of those who come later. That is not the case with bitcoin. You could start mining even now without paying anything to those who start earlier.
Those who find a will to overcome the fear to be first, receive a keys to the gifts of fortune. I think it is fair.