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0 pointstromp4y ago0 comments

Nothing in crypto is fairly distributed. Not when the majority of supply is distributed in just a few years, or, much worse yet, all at launch in the hands of the founders plus whoever they decided to handout tokens to by whatever publicly unverifiable way.

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mandmandam4y ago

> Nothing in crypto is fairly distributed.

Are we speaking relative to fiat here? .... Lol.

Besides, there were many attempts at fair distributions, so you're simply wrong there. My favorite, Nano, distributed small amounts to people who solved captchas between 2015 and 2017.

trompOP4y ago

Yes, relative to fiat, since crypto can at best limit the unfairness to that already present in fiat.

But so far crypto has created wealth inequality which is way worse than that in fiat. Yes, there have been attempts at fair distribution, but to re-iterate my point above, they would need to spread distribution over a long timespan (gold has been distributed over millenia).

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