From what I understand, those you got into the bitcoin story early have exactly the same competitive advantage.
Discussion
They do not even slightly. Printing fist is a systemic and permanent imbalance in the game rules. Being early in bitcoin was not only hard af, and not only did almost nobody have the foresight and conviction to hold since then, but itās no more an advantage than the person who buys Apple when itās still a massive risk and just an idea. Thereās nothing remotely unfair about it and it cannot be made more fair.
Itās the difference between someone who starts a board game and gets pints, before others even come to play the game, while fiat is simply that some people can issue themselves as many points as they like, whenever they like, and buy or own anything they want in the game.
If you think those two things are even remotely the same, youāve made a very serious error in judgement, imo.
Ok, I hear your point. I was referencing to the fact that bitcoin in its origin was known to a very few percentage of people. I absolutely don't deny visionary element in thia story, belief and vision.
The issue is simply that isnāt literally
Importable for it not to have been. And trust me it wasnāt for lack of Bitcoiners trying. We did everything we could, spending an excruciating amount of time trying to explain it and tell people about it when it was worth nothing but we saw the potential it had to solve an absolutely massive problem!
Sorry if the response came off a little direct, but most of the time when people bring that up they like to scream and complain about āunfairness,ā when many many more people did know about it for a very long time, they just ridiculed everyone who used it and called it stupid.
When you tell someone about it, they call you an idiot, then years later itās worth a lot more, and they call it unfair and say youāve received unjust returnā¦ it can often make one want to punch said person in the face. š¤£
Sigh, first sentence should say *impossible*
In other words, the distribution of information is explicitly a limitation of reality, and we donāt live in a fairy tale. Its most often the people themselves who donāt want to hear it and donāt share it that prevents other from knowing.
In other other words, what you describe is literally axiomatic and unavoidable. Thereās no alternative option.
Well saidā¦
I would add that the critics of bitcoin that see early adopters as unjustly wealthier, suffer from a scarcity, vs abundance mindset.
None of this is zero-sum. We are all going to be better off financially, and more free. Also I think this is an artifact of our fiat times, where very wealthy people can live as free men, while the rest of us are constantly under threat by the state, our employer, our neighborsā¦having means allows you to tell everyone else to fuck off. Having money is just a proxy for level of freedom in todays society.