By acidyo on Skatehive
A lot of people, especially Bitcoiners, like to praise bitcoin's launch as truly fair. This post isn't about Bitcoin, but I wanted to bring that part up as it is kind of related to the post yesterday about Zing, hopefully you aren't too tired yet of me posting about it. Satoshi had emailed some people about the launch and some joined in using their computers, mainly CPU's to mine it. 50 Bitcoin every 10 minutes would go out randomly to people based on how many CPU's they had working on it. I think the reason they call this truly fair is because so few thought it would go anywhere, so there weren't people renting servers to mine it (maybe some who easily got obsessed with seeing number go up) like they would these days and like we saw when coins like Ethereum launched or even Steem Hive. It also had a very long time of being "worthless", cue 2 bitcoin pizzas for 10k btc, etc. One could argue Hive is close to those levels as well, allowing for a very cheap entry price to anyone intereste