Decoding the Enigma of Satoshi Nakamoto and the Birth of Bitcoin

Re:Decoding the Enigma of Satoshi Nakamoto and the Birth of ... by vectorpush on Friday May 15, 2015 @12:20PM (#9551598)

I understand the fairness argument, but I wonder where the line is drawn between pre-mine and low-key release. Just releasing the client doesn't seem like it'd be enough to evade criticism if the practical effect is the same as a pre-mine (i.e the creator gets a huge head start before people start to catch on).

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Re:Decoding the Enigma of Satoshi Nakamoto and the Birth of ... by tablewatcher on Friday May 15, 2015 @12:47PM (#9551835)

Before Satoshi's invention the concept of pre-mining didn't exist. I think the inventor of the worlds first decentralised currency is allowed to do whatever he wants. If you dont like it, make your own currency and stop bickering.

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Re:Decoding the Enigma of Satoshi Nakamoto and the Birth of ... by vectorpush on Friday May 15, 2015 @01:25PM (#9552110)

Huh? Of course he is allowed to do whatever he wants, the nature of Satoshi's prerogatives are not in question here. My point is that there's very little practical difference between pre-mining and early-mining during a time when the currency is basically unknown. It's not as if it's a trivial amount of coins either, Satoshi's stash completely dwarfs the holdings of every bitcoin user that has come after him, so it's hard to just write it off as blockchain finder's fee.

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