Satoshi is a genius. Bitcoin's issuance schedule greatly rewarded the early adopters, which made it much more likely to bootstrap.
Satoshi is a genius. Bitcoin's issuance schedule greatly rewarded the early adopters, which made it much more likely to bootstrap.
Yet enough is leftover for anyone to get some newly supplied coins for decades after the genesis block.
Also made it more likely for the coins to end up in the hands of those with the cypherpunk ethos rather than the suits who inevitably will want to take it over.