if i were a big banker or a part of the financial government i would create a NEW totally premined coin with many, many billions of coins
And who's gonna buy your premined government coin? That's the error right there.
You need mass adoption and until you reach critical mass (so you can force it on everyone) you need the masses to think it's just another regular crypto coin in order for them to bid it up like crazy, thinking they'll all get rich.
Or do you think the masses are gonna sell their good and mortgage their houses to pay $10,000 for a premined government coin so they and the elite can transfer 90% of their wealth?
But that's exactly what the masses will do if they think they're getting rich, cause hey, look how fast and how high Bitcoin went.
So the government is doing just as you're saying, if ixCoin is the next coin, you can bet they have all taken their positions and now they'll sit back quietly as the wealth transfer takes place:
Voluntarily!
Thanks for the German funny. lol.
Edit: And you can make it centralized anytime, like they're trying to do with Bitcoin right now. But it has to start off as decentralized for fast mass adoption.
You'd make a horrible dictator.
everyone will buy it, because i'm the European Central Bank
i'll print some billions of the EURO if needed and i stand behind this new coin - this is MY NEW digital currency - the worth comes out of my centralized sovereignty - it has worth like the euros i'm printing every day
i'm laughing at your decentralized idea - this is no good for the system - i have no control over this decentralized shit of some nerds - what shall i do with such a buggy coding, open source and the resulting program - you can play with it in the ixcoin-kindergarten
i'm really a brilliant and wise dictator