It is relatively easy to mine in the early days of Bitcoin, which sometimes makes people feel unfair. In fact, the difference between sovereign currency and bitcoin is that the difficulty of issuing sovereign currency is the same, and bitcoin is only easier at first. Sovereign currency guarantees that the sovereignty of credit has a "shelf life", while Btc's shelf life = Internet. It is much simpler to look at the following equation.
Sovereign currency issuer = central bank; Bitcoin issuer = founder and early absenteeism created 50% of the total bitcoin at present.
The difficulty of issuing sovereign currency = almost always equal to a piece of paper; Bitcoin issuance difficulty = sum of mining machine prices (loss coefficient)+time+energy consumption, etc. , but also increasing, the future is approaching infinity (PS National Mint is almost a zero-cost factory and machinery and equipment).
The value of sovereign currency itself = the credit guarantee of sovereignty, and the shelf life is limited (rule by man system); The value of bitcoin itself = a value system, and the shelf life is equal to? The existence of the network, its credit is not issued by a certain government or dynasty, but by every user in this system (governance system).
(Zimbabwe's inflation mentioned in the PS program is a vivid example)
The central bank of sovereign currency controls the currency entering the circulation link = more than 80%; A large number of bitcoin reserves have control over bitcoin that has entered the circulation link =0%, which is out of control.
How is the sense of injustice in Bitcoin formed?
1, the issuer is different. The state or the central bank controls you in the sovereign monetary system. No matter how much wealth you are deprived of, because you are a vulnerable group, you never dare to think that this is abnormal according to a series of factors such as herd mentality. The "issuer" of Bitcoin (let's call it the issuer here) can only exchange the initial wealth at one time. They are just early practitioners and can't control the system. These people don't have the power of a sovereign state, so they shouldn't be so cool? At the same time, I think this is a game coin, what the hell!
2. People who don't know the whole system (usually onlookers, because there is no, they don't really care about money and seriously understand Bitcoin). We call him and find the target group. For example,
There is a phenomenon in psychology: a, one day, you and a bully (or you think it's strong) and a person with your status find a huge sum of 1 10,000 on the ground, and the bully (or you think it's strong) picks it up first, so you and the person with your status will not have any resistance; However, if you or someone in your position picks it up, the other person will be psychologically unbalanced and want to solve it forcibly, and the bully will decide whether to intervene according to whether this matter affects his fundamental interests. B, the same thing above, if the bully picks up 1 million every day, you two people of the same status will not scream. If you pick up that million dollars (just once) with people of the same status, one side will hate the other. The above assumptions A and B can continue to be written for a long time, which is human nature and will exist for a long time.
3. In the times, people's overall consciousness has not improved. Most people still only believe in hegemony, worship the strong in different fields and trust the currency of hegemonic system, which will not change for a long time, which is linked to politics and governance system again. In fact, the financial progress and even political progress involved in Bitcoin are too advanced. At present, due to the limitations of human understanding, it is also normal. Therefore, many people who only engage in finance do not understand the Internet and Bitcoin. People who know the Internet and are not familiar with finance can't convince those who engage in finance, and those who don't know politics and systems can't fully understand it. Among the governance systems in Europe and America, Germany's political system is the closest to "body governance", which is closely related to why Germany first recognized Bitcoin's currency status. ...
What should novices do if the original or centralized holders of Bitcoin don't throw out Bitcoin? How to make it circulate as a common currency?
1, the popularity of bitcoin has many dimensions. Dilution from a few huge holders to mass holders is a dimension. Bitcoin is generally accepted by different countries, cultures, regions and consumer fields, and it also has multiple dimensions. These dilution processes are also related to the prosperity and time of the world's major sovereign currencies. This is a huge chemical reaction process and it is irreversible. A large number of supporters are only one-time issuers, and this dilution is irreversible, so don't worry at all.
2. Worried that Bitcoin will be replaced by powerful electronic money in the future? That's for sure, and this worry is too advanced, faster than light. There is no eternal monetary form, as can be seen from the development of currency, and with the weakening of the concept of national Europe and Canada, sovereign currency has withdrawn from the historical stage. A more powerful era of electronic money may alternate with Bitcoin, perhaps after the heyday of Bitcoin, but it is unlikely to appear before Bitcoin reaches its peak. If this happens, there must be a strong external force pushing it. This situation is unlikely. ...