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It's also simply how the supply is produced. Satoshi made a machine that prints money if you do work. He made it so it only required a small amount of work to
by 0wing 9y ago
It's also simply how the supply is produced.
Satoshi made a machine that prints money if you do work. He made it so it only required a small amount of work to begin with and as time goes on, someone else with the same machine and the same work gets less. It's made even worse because there were less users battling over the larger easy production near the start, and more and more users fighting over less and less output.
tl;dr it's even more malicious than a ponzi