Waht's the population of spain? 40 - 50 mil?
Half of these coins is 25 mil, so they are looking at half a coin each?
That can't be right, I must be missing something?
I think I remember reading somewhere, that this coin isn't going to be supplied to ALL Spanish people, but only 8 million of them.
They're working off the assumption that many people won't claim the free coins, so will dish the 50% to the first 8 million who claim.
I could be wrong.
youre not. Announcement is here:
Premined coins distribution:
It will be done in 5 stages, starting one month after launch:
Stage Coins/person Coins: People:
1 100 5M 50k
2 50 2.5M 50k
3 25 2.5M 100k
4 10 8M 800k
5 1 7M 7M
Total: 25M coins for max 8M people. We assume not every Spaniard will claim their coins. Each stage will last 2 moths, any coins remaining will be either rolled over to the following stage or destroyed. We will watch the coin supply and try not to flood the market giving away coins (we'll probably place daily quotas in the first few days of giving out coins, so that at least no more coins are being given away than being mined).
