You will never stop rich people from wielding the majority of money. All you can do is REMOVE THEIR ABILITY TO PRINT MORE BECAUSE THEY CONTROL THE MOST, which BITCOIN is the only thing that does.
What are you even go on about? I wasn't talking about the rich will always have more, that's a given. Also, BTC is definitely not the only crypto blockchain that has a finite supply that can never change.
which other has a finite supply that can never change? it’s also about the fact that it is the only coin which has an “immaculate conception”. the creator of it limited his own mining power, and went away forever. all other coins are premined by the people who knew about its launch. there is 0 comparison.
Algorand is one for example. I know there are others, but I do not keep up with every single project, but if I did a little digging I could find more for you.
BTC has also forked more than once, and still can. That's just creating more supply with a different name attached to it, even though they are now two different entities. That's not an "immaculate conception" if you really think about it.
And to say Satoshi just went away forever is a theory.
Not a single person to date can show us who Satoshi really is...for all we know, it could be anyone you want to name, like Elon Musk for instance. Just because we know of Satoshi's wallet, doesn't mean that Satoshi has more that nobody knows of. It's very easy to mine more BTC, add it to a new wallet. That same logic can be applied to how much they theoretically mined to date. We have nothing to go off of, minus the very beginning.
And to say all other coins are premined is also false. That's just how PoW chains work.
I can tell you are a BTC maxi. Nothing wrong with it, but don't be blinded by it.
My point is, bro… If you’re scared about China controlling most of the mining, well Satoshi controls most of the coins, and that could be the US government. No other PoW chains grew organically such as Bitcoin, those who “got it” early on, mined and got rich off of it. Those who didn’t, thought they missed the boat and went onto find problems in Bitcoin which don’t really exist, as an excuse to sell you new coins.
You will never stop rich people from wielding the majority of money. All you can do is REMOVE THEIR ABILITY TO PRINT MORE BECAUSE THEY CONTROL THE MOST, which BITCOIN is the only thing that does.
What are you even go on about? I wasn't talking about the rich will always have more, that's a given. Also, BTC is definitely not the only crypto blockchain that has a finite supply that can never change.
which other has a finite supply that can never change? it’s also about the fact that it is the only coin which has an “immaculate conception”. the creator of it limited his own mining power, and went away forever. all other coins are premined by the people who knew about its launch. there is 0 comparison.
Algorand is one for example. I know there are others, but I do not keep up with every single project, but if I did a little digging I could find more for you.
BTC has also forked more than once, and still can. That's just creating more supply with a different name attached to it, even though they are now two different entities. That's not an "immaculate conception" if you really think about it.
And to say Satoshi just went away forever is a theory.
Not a single person to date can show us who Satoshi really is...for all we know, it could be anyone you want to name, like Elon Musk for instance. Just because we know of Satoshi's wallet, doesn't mean that Satoshi has more that nobody knows of. It's very easy to mine more BTC, add it to a new wallet. That same logic can be applied to how much they theoretically mined to date. We have nothing to go off of, minus the very beginning.
And to say all other coins are premined is also false. That's just how PoW chains work.
I can tell you are a BTC maxi. Nothing wrong with it, but don't be blinded by it.
My point is, bro… If you’re scared about China controlling most of the mining, well Satoshi controls most of the coins, and that could be the US government. No other PoW chains grew organically such as Bitcoin, those who “got it” early on, mined and got rich off of it. Those who didn’t, thought they missed the boat and went onto find problems in Bitcoin which don’t really exist, as an excuse to sell you new coins.