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Comment by donutloop | Hacker News Reader

Eco friendly, feeless, ultra fast, limited coin supply

That doesn't address the issue that I raised in that a "landed gentry" has been created by airdropping millions of tokens to a relatively small group of people. The only way to get hold of tokens is to buy them from these people.

Bitcoin has so far only one use case holding it. It is to expensive to buy some small things with it, can't really scale without suffering high transaction price changes and depends on all miners. Bitcoin wanted from the begin revolutionize the money world didn't happened so far. Now everyone says it will replace gold. Just false promises.

Please add a ref to this airdrop function.

I didn't say there is an airdrop function. 100% of the supply of Nano have already been distributed by way of an airdrop. This is stated on the homepage of the project.

Please create a quote from the website

https://medium.com/nanocurrency/the-nano-faucet-c99e18ae1202

It was a "faucet" instead of an "airdrop" but the effect is very similar, only a few early enthusiast got the coins.

Here's a post 6 months ago about the distribution. https://www.reddit.com/r/nanocurrency/comments/h7fmge/the_na...

BTC isn't a tech for the commoner either. Institutional investors are swooping in and driving the price up. The mining isn't done by a bunch of people but data centers. China has a lot of influence in the network. I don't think that's a good thing.

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