I'm getting pretty tired of seeing post saying that the distribution is unfair.
Listen... Anybody could have invested in the beginning. If you thought Nxt was such a great idea, you should have invested. Nobody prevented you from investing. If you still think Nxt is a great idea, then you can invest in Nxt right now by purchasing them like everyone else.
If you are upset about your mining rate, then go buy some Nxt. This is no different than any other currency. When I wanted more hashpower for scrypt coins, guess what? I went and bought more GPUs. If you want more hashpower with Nxt, then go buy some Nxt. Nobody gave me free GPUs (hashpower) for scrypt, but initial investors here have been giving out free Nxt (hashpower).
The problem is not whether the distribution is fair or unfair, but how the coins be redistributed to more people.
In a PoW system, the coins are distributed to the miners in tens or even hundreds of years. In a pure PoS system, however, all coins are distributed at once in the beginning.
Some one argue Satoshi may hold 1M BTC, but even it is true that's only 1/21, and even now there're still 10M BTC there for mining and everyone has their chance. Mining are not cheap due to the hashing cost, but miners pay the mining equipments and electricity suppliers instead of the early adaptors cause these coins do not belong to anyone. These newly mined coins have high cost, so the added supply will not drive down the price too much. Even though most of coins go to the miners, the large number of BTC of early adaptors are still the main threat to the BTC price now.
In a pure PoS system without any new coins created, however, all coins belong to the early adaptors. Mining does not create new coins, and changes only negligible redistribution. All redistribution happen when people buying coins from the early adapters. In the early stage, that means huge supply versus tiny demand and the price could hardly increase. Meanwhile, due to the low price, the majority of coins will stay in the early adaptors who expects higher price. This could hinder the redistribution and may be very dangerous for a new coin. In this sense, it is quite similar to a 100% pre-mined crypto-currency. The dye not because of unfairness, but because of no redistribution.
Therefore, it's not fair or unfair, but how to survive for a pure PoS with all coins given at once in the beginning.
There has to be a reason other than speculation/investment for people to buy it. Considering all coins lie in the hands of early adaptors with super low price, there's almost no hope for the price to increase significantly in the beginning, so there has to been something for people to join.
Let's hope the exchange function is implemented as soon as possible, cause that could be the only valid reason for others to join, and then all the coins become the shares of an exchange, and all early adaptors are like the initial investors. Before that, Nxt will not grow like other currencies due to its unique PoS system.
