[huherto]

> Again, how should the initial units be distributed fairly?

Same amount for everybody. One weekly/monthly payment for everybody. Like basic income. I am just guessing, I haven't thought about it deeply.

[VMG]

That requires a central registry match cryptographic identities with physical ones. That is overhead and a trusted third party.

An idea like this was also often brought up in spam prevention, which interestingly is also the origin of proof-of-work: https://en.wikipedia.org/wiki/Hashcash