The main pitch of bitcoin is electronic transactions with no central coordinating system. If bitcoin didn't heavily favor early adopters, no one would have gotten on board.
It's even still technically possible for bitcoin users to agree on a code change that would keep making coins forever (like dogecoin). It would result in a hard fork of the blockchain, but if most clients agreed to it, it would work just fine.
It's even still technically possible for bitcoin users to agree on a code change that would keep making coins forever (like dogecoin). It would result in a hard fork of the blockchain, but if most clients agreed to it, it would work just fine.