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by cryptodogemoon 3116 days ago
Satoshi's mining/minting algorithm is manipulative by design.

Less computational energy and the least amount if users produced the most coins (for minimal external capital input).

Satoshi could have used a linear curve anticipating network growth matching minting and computational increase, but instead choose to exploit late adopters.

Early adopters will attempt to psychologically exploit new users by selling their asset for more than the cost of production and acquisition.

This has directly created the situation where utility is not in use but in exploitation of passing the hot potato to greater fools.

ecash should not exploit new users.

1 comments

do you have examples of any cryptocurrencies that introduce such a curve. the centralization of wealth problem is serious.