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You're right that the best that a cryptocurrency distribution could hope for is to mimic fiat ownership. But Bitcoin distribution is so heavily tilted toward t
by tromp 5y ago
You're right that the best that a cryptocurrency distribution could hope for is to mimic fiat ownership.
But Bitcoin distribution is so heavily tilted toward the initial years that it's much more uneven than fiat. And other cryptocurrencies are worse yet, especially those with huge premines (which include all coins lacking PoW), concentrating all the wealth on its creators.