Doesn't Bitcoin unfairly benefit early adopters?

Modified on Fri, 17 Feb, 2023 at 3:14 AM

Every investor in cryptocurrency markets take significant risk, even more so, the early adopters were exposed more to this risk. As they put their money into an unknown, speculative asset, used in very niche situations. In fact, the early adopters likely did not see Bitcoin as an asset class, but rather as a currency that was widely accepted on the black market, or a means to some money through mining. Very few people even knew about Bitcoin when it was introduced, and even fewer saw it as an investment opportunity. However, those that accumulated multiple coins over time saw significant returns, and losses, as the price had large fluctuations. It is nearly impossible to predict any market trend, but some were very fortunate if they had Bitcoin before its value skyrocketed.


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