I hear the following statement alot: Bitcoin is pure capitalism, it isn't supposed to be fair.
People who acquired alot of Bitcoins without much effort are supposed to deserve it because they got in early / had alot of spare fiat or generated them before the public knew about it.
I do not have this opinion for the following reason:
Bitcoin wasn't a currency until the first products and services were offered for it. Also it is supposed to be a chicken and the egg problem which I think it is not: You can start a working economy 0-second, once you gathered enough people willing to participate.
This is the main reason why I still doubt bitcoins success (or think it is likely to fail once there is an alternative to it)
And, quite frankly if some people would adopt my suggestion in practice bitcoins intended purpose would be obsolete, and it's current state of existence a sophisticated gambling system would loose it's merit once people realize rapid economic growth is indeed possible.
