Those top 100 add up to over a million total... That is depressing considering it's 1/6th of the entire value of the currency. Right now I'm thinking "pyramid scheme". Maybe bitcoins weren't intended that way, but that's how they turned out
Are you going to avoid using a handy tool because the first people who started using it are likely to end up wealthy? I don't blame you if you say yes, but I certainly am not going to stop using Bitcoins for that reason. I consider those people as lottery winners in something less random and more productive than a lottery.
What would you do if you were one of those first Bitcoin users? Would you go out of your way to convince people it wasn't a pyramid scheme? Considering Bitcoin's recent publicity, and increase in value, would you wait to see how rich you can get, maybe put your kids through college? How would you feel if people accused you for finding Bitcoin early on?
These people aren't thieves. They aren't forcing people to put value into Bitcoin. They aren't tricking people into doing it either. Bitcoin is useful and as long as it remains useful people will continue to use it and the value will grow according to it's usefulness.
I found out about Bitcoin less than two months ago and I've been intrigued with the idea ever since. It never once occurred to me to even consider it a Ponzi scheme or Pyramid scheme, but I see people calling it this all the time. Am I too trusting? I don't think so, I consider myself to be less trusting than most. So what am I missing here?
And if they are only in it to get rich, what are they waiting for? Why hasn't the price crashed as they scramble to sell their Bitcoins. Are they so greedy that they are waiting for the price to go even higher? Would you wait?
What if these addresses don't even belong to the original miners? What if they sold early at $0.07 thinking it was a fantastic deal. Is it still a pyramid scheme now, perpetuated by the investors who bought Bitcoins so cheaply?
