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by chrisco255 3110 days ago
You presume that the future was predictable in 2009. Satoshi had no way of knowing whether the Bitcoin experiment would truly work or not. How many times have we thought, "Bitcoin is surely dead" due to some Mt Gox / Silk Road / China ban scandal? It's crazy to call the people who stuck it out and believed in the coin "exploitative" when they lost 90% of their value time and time again and still did not sell.
1 comments

Production costs of 50BTC per every 10 minutes has historically been a fractions of or a few pennies. Only for later users has the cost gradually increased.

The way you and many others approach Bitcoin as a tool to horde and sell to other rubes is indicative of the manipulative design where unsuspecting new users don't understand the history.

Historically? 50BTC every 10 minutes for pennies? Those prices haven't been seen since 2012 or earlier.

If you don't like Bitcoin's model, choose another altcoin to back, there's dozens of them and some of them even have inflationary models. No one is forcing anyone to buy into anything.