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Every ecoin created lets a small cabal amass the numerous low-hanging fruit before making it publicly available. If any of those ecoins became the World Currenc
by ASalazarMX 3y ago
Every ecoin created lets a small cabal amass the numerous low-hanging fruit before making it publicly available. If any of those ecoins became the World Currency(TM), that small cabal would be the new world elite, having created their immense fortune out of thin air. No ecoin will become trustworthy unless it assures every adopter gets the same initial opportunity.
Satoshi Nakamoto made a compromise by mining a fortune of easy bitcoin, then not touching it. A weak compromise, because the moment they use some of those coins, bitcoin will have one of its greatest crisis of trust.