many people on Hive like to pretend we don't have a premine. It's right there in the DHF.
It's not just in the dao, any account with a number under 50k had a decided advantage by being able to mine before 'the masses' got here.
As do we.
I've long floated a 1000mv gentleman's agreement, but nobody wants to hear it.
Least of all those that would have to corral their insatiable appetites for hive.
(Not all bad.)
Here is a list of the 25 accounts that blow out the equalization in the math.
How many early adopters/ninjaminer accounts can you count?
I only see 4 that I can definitively say were not here for the launch.
I don't hold their luck against them, they were in the right place, at the right time, with the right skills to create this hive we struggle to influence, but the clear facts are that outsiders are not buying into a game as centralized as the top 20 accounts taking half the inflation and giving it to their 'good' authors/toadies.
Maybe the outsiders don't understand the dilution going on, and maybe they do.
Irrespective of how we feel about the outsider's assessments as a collective, most folks have chosen to quit the game rather than climb the impossible looking sheer cliff face that is our distribution.