And what's the difference between 1m premined w/tax vs 7m premined w/o tax?
1) 7 mil premined with out tax is premined by using the premining person's electricity, which is paid for by preminer's fiat moneys
2) The pseudo-tax system relies on electricity not paid for by CH's fiat moneys to generate the blocks the part of which contributes to "Sovereign Bonds" protecshun scheme.
No matter what clever verbiage and accounting metaphors one uses, it is essentially mining your coins on other people's hardware and electricity.
3) 7 Mils occupy 1 block in the chain. Protecshun scheme cuts itself a happy transaction in every single block, forever.
4) Relative hypothetical influence of 7 mil Superfund will slowly fade away as coinbase grows, assuming no spending at all
Relative hypothetical influence of "protecshun scheme" fund remains static relative to overall base (since it is a fixed cut out of every miner at every block), assuming no spending at all
Tell what you want about CH, but you have to admit that there is a lot of difference (I especially like the "remains static in relation to coin mass, forever"
part, but the "coins are generated by other people and given to CH"
is nice too. Cuts down on electricity bill. CH's electricity bill.)