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by n1c 4817 days ago
My gut tells me that somehow there is room for a "everyone gets N" style ~~virtual currency~~. Like you prove your identity and get the same amount that everyone else gets (scrubbed on transfer) because the whole early-adopters-win thing is sucky.

But this doesn't look like the answer.

3 comments

So, like a virtual allowance?

Is the "whole early adopters win" thing only sucky because you are not an early adopter? Note that I'm not an early adopter either, but it seems a bit nonsense.

Also, BTC is still pretty young, you could still be a relatively early adopter. You could spend a few months researching, and a few tens of thousands of USD to purchase a competitive mining rig, and you could still make a fortune, or you could lose it all. It isn't the same "anybody can do it" world that it used to be, but it certainly is still low barrier to entry. Is this really a dislike of systems that reward personal risk taking?

This is basically what OpenCoin/Ripple is trying to do, but a lot of people don't trust them.
How would you prove your identity?