Re:Do Kwon in more trouble
by mise_en_place on Saturday June 11, 2022 @01:13AM
(#31702121)
Yes I also followed BTC from the early days, 2009 or so. Was on the IRC channel, usually lurking but I was very interested in it as a concept. As a college student I thought it was revolutionary, and neat things could be built on top of it. The future and equitable financial system, or so I thought.
Sadly it has fallen far from the tree, as they say, and became another Internet grift.
Re:Do Kwon in more trouble
by tromp on Saturday June 11, 2022 @02:51AM
(#31702523)
With its halving block subsidies, the bitcoin emission was never equitable. For that, look for a fixed block subsidy, i.e. pure linear emission, which leaves the majority of supply to later generations.
Sadly it has fallen far from the tree, as they say, and became another Internet grift.