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@ Ajescent & Conegamer: I know that my way of counting is considered wrong, and this discussion is probably as old as the modern Olympic games, but imo treating all medal winners equally would do the often conjured Olympic Spirit (tm) much more justice than considering silver and bronze inferior medals.

Of course not handing out or not counting any medals at all would be the closest to the Olympic Spirit as possible, but who of us would then care anymore for the Olympic Games anyway. People need their heroes and after all the Games were meant as a competition already in ancient Greece (just between Greek cities not countries back then if I'm not mistaken).